Malta Today
Sunday Circle
Economic Update

08 MAY 2002
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When a time-frame is a must

By Saviour Balzan

Search Malta - Gozo and Comino too!

Company profile: HOB Software
HOB Software Ltd. - probably the first foreign software company in Malta - was set up in 1990.

US embassy tones down over MIA privatisation drive
The US Embassy has toned down its position on the MIA privatisation process after being dragged into the foray by the Alterra Consortium. Talking to The Malta Financial and Business Times yesterday, the embassy said in an official reply that it would continue to recommend participation in the privatisation process, if the process was fair and transparent. READ MORE >>

Adoption of charter gets thumbs-up from business sector
By Miriam Dunn
The government’s decision to become a signatory to the Charter for Small Businesses is a positive step for the entrepreneurial community, but it is important that the charter is adopted on a practical level and not left as a piece of paper in government offices. READ MORE >>

Medea - a unique alliance
Medea Limited is a unique strategic alliance set up last October by three leading companies in the health services industry, fiercely competitive as stand alone entities but unified toward a common goal. David Lindsay speaks to Technoline’s Simon Cusens, Pharma-Cos Ltd’s Marcel Karl Mifsud and Associated Equipment’s Paul Dalli about the partnership

Financial services: a silent revolution
Finance Minister John Dalli addresses last Friday’s conference titled ‘Consumer Protection in Financial Services’ during which he speaks on reform in the financial services sector, the consumer aspect, building confidence in the sector and the new Malta Financial Services Authority

BoV half-year profits up marginally
The Bank of Valletta Group recently announced a pre-tax profit of Lm6.9 million for the six month period ended 31 March up - Lm100,000 from the same time frame last year

This week’s international outlook


Lotto department cuts advertising as privatisation date looms
With experts expecting public lotto to be next on the list for privatisation after Malta International Airport, the department has been carrying out a wide-ranging exercise looking at various aspects of its operations. One of the decisions has been to stop almost all its advertising in the media

A strategic alliance for Maltese healthcare
Following in the footsteps of the insurance Industry another new concept in strategic partnerships has been noted in the local healthcare scenario.

Great demand for portable TV sets ahead of the World Cup
Demand for portable television has rocketed, ahead of the World Cup football finals, according to suppliers of electrical goods

Chamber of commerce calls for support for agriculture
Although the retention or reintroduction of levies for the agricultural sector are not options that the Malta Chamber of Commerce supports, the organisation does believe that this industry deserves special consideration, according to its head, Reginald Fava

Frendo calls for red tape reduction for SMEs
Nationalist MP, Dr Michael Frendo has called for Parliament to set up a process of scrutiny of legislation to audit the impact on SMEs of regulatory procedures in order to minimise on bureaucracy in business

New maritime legislative council set up
An agreement signed yesterday between the Malta Maritime Authority and the Malta Maritime Legislative Association by means of which the Maritime Legislative Research & Development Council was formally established

Refalo calls for accurate policies, strategic solutions
Speaking at Saturday’s EU tourism ministers meeting in Spain, Tourism minister Michael Refalo called for maximum results with minimum disturbance to Malta’s unique tourism-related features

Consultation paper on renewable energy resources
Dr. Francis Zammit Dimech said that over the past decades we have experienced a significant increase in our standard of living and economic growth and this had to be sustained by increasing energy supply.

Vodafone offers unified messaging service
Vodafone Malta has announced the launch of a new concept in mobile communication, unified messaging. The new pilot project will offer Vodafone’s contract customers the ability to access Vodafone’s voice-mail, fax and e-mail via the Internet

New international guidance helps auditors address e-commerce risks
As the increasing use of the Internet for business-to-consumer, business-to-business, business-to-government and business-to-employee e-commerce is introducing new elements of risk that need to be considered by accountants when planning and performing the audit of financial statements

Bringing out the art in photography
The newly relocated Fuji Laboratories in Qormi is making great strides in conjunction with its parent company in terms of end result quality and the variety of services provided to its customers


Copyright © Network Publications, Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta, Europe
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | E-mail