 |
|
|
|
F O C U S
Textile industry still promising
despite fierce competition
By Marika
Azzopardi
Despite the negative news recently emerging from Malta’s
textile industry, government is remaining upbeat on the industry’s
prospects and is adamant that, over the short to medium term, the
future of the local clothing industry remains reasonably promising
despite the fierce international competition.
READ MORE >>
Fitch downgrading not to affect
BoV’s profitability
In a statement issued yesterday, Bank of Valletta reacted to the
downgrading of the Bank’s credit rating by international rating
agency Fitch, which had reduced BoV’s long-term outlook from
A- stable to A- negative. Fitch had also downgraded BoV’s individual
rating from B/C to C. However, the Bank’s short-term outlook
had remained unchanged at F2. READ
MORE >>
 |
INTERVIEW
Ray Sladden
Ahead of tomorrow’s opening of subscriptions for
the Tumas Investments bond issue, Mario Schembri Wismayer
speaks to Ray Sladden, Tumas Group Financial Director |
 |
OPINION
Social development and
the Mediterranean
Earlier this month Social Policy Minister Lawrence Gonzi
spoke at a sub-regional workshop on ‘Social Development
and Social Systems’ organised by the Malta Council for
Economic and Social Development and the Istituto per il Mediterraneo.
Dr Gonzi contends that working together will multiply the
opportunities for growth for all those concerned |
INVESTORS’
CORNER
Money Market 8-12 July
-
another term deposit auction held
NEWS
Drop in tourism leads to reduced
Suncrest turnover
- no interim dividend declared
Citing intense competition within the hotel industry in the wake
of depressed tourism resulting from the events of 11 September,
Suncrest Hotels, the only tourism oriented company listed on the
Malta Stock Exchange, has announced reduced turnover for the fiscal
period closing on 30 April
Fear of flying sees reduction in
outgoing tourism
- more Maltese opting for cruises
Although more than 10 months have passed since the 11 September
attacks, many are still wary of flying to the United States, according
to a number of travel agents speaking to The Malta Financial and
Business Times yesterday
VFM fund ranked in top 10 European
equity funds
The Asian Wall Street Journal last month quoted Lipper, a Reuters
company, as ranking the La Valette European Opportunities Fund managed
by Valletta Fund Management amongst the top 10 performing European
equity funds
EFL students’ housing demands
met by increased host family applications
By
Mario Schembri Wismayer
The Malta Tourism Authority yesterday confirmed that there
is no lack of host families for EFL (English as a foreign language)
students in Malta and that, in fact, the rise in students over the
years has been met by a rise in applications by Maltese interested
in acting as host families
|
|
Editorial 
