Malta Today
Sunday Circle
Economic Update

31 JULY 2002
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By Saviour Balzan

Lest the BIO-11Sep syndrome affect tourism

Search Malta - Gozo and Comino too!

Gozo’s special regional status mixed blessing for Malta
By Mario Schembri Wismayer
Gozo being regarded as a region in its own right is very well, but it does come with certain ramifications that we have to examine closely to fully understand the implications... READ MORE >>

The dangerous trend of reducing hotel rates
By Marika Azzopardi
Hotels are reducing their rates in a dangerous venture meant to attract more tourists, whatever their category. Alarm bells are ringing in the five, four and three star sectors which have registered a critical downward trend in rates and revenues... READ MORE >>

James Pearsall
Marika Azzopardi speaks to James Pearsall, Director of the MCAST Building, Construction and Engineering Institute about raising standards in the building and construction industry, redefining skills in the sector and helping students to cope with today’s ever-changing employment scenario

ICTs – the 21st century’s social equalisers
Justice and Local Councils Minister Dr Austin Gatt addresses the International Comnet-IT Workshop during which he tackles the subject of information poverty and the digital divide

Money Market 22 - 26 July
- higher 91-day Treasury Bill rate

Lower duties on non-EU car imports with EU membership
While cars imported from European countries and those brought into the country by private individuals are to retain their current tax and registration payment levels, those imported from outside the common market are to be subject to a lower customs duty if Malta is to join the EU come 2004

MTA strengthens professional, administrative staff complement
The Malta Tourism Authority has completed a recruitment drive which has seen 20 new employees being added to the Authority's complement of marketing, enforcement and administrative executives and operatives

Malta featured in HSBC worldwide business profile series
The publication of the HSBC Business Profile of Malta, distributed worldwide to all HSBC offices, is expected to help attract foreign investment to Malta. The profile provides all the latest economic data, as well as information about the country’s government, investment and trade regulations

ST out of the slump
With STMicroelectronics reporting higher global earnings and profits for the second quarter 2002, the performance of the Malta plant is expected to be similar to the other plants in the ST system, a top official at the Kirkop facility told The Malta Financial and Business Times yesterday

AX Holdings reacts to lack of support for home for elderly
AX Holdings yesterday reacted strongly to the Lija Local Council’s decision against granting the company permission to develop a home for the elderly in the locality

National Youth Council supported for first time by private sector
A partnership agreement was signed yesterday between the National Youth Council, Bank of Valletta and Air Malta. Through the agreement Bank of Valletta and Air Malta will be supporting a series of initiatives undertaken by the National Youth Council throughout this year and the beginning of next year


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