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THE MALTA FINANCIAL & BUSINESS TIMES

21 AUGUST 2002
ISSUE NO. 250
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Editorial
By Saviour Balzan


In the name of roads

Search Malta - Gozo and Comino too!






THE ECONOMIC UPDATE

Malta and Germany

F O C U S
UHM calls for wage increases

The Union Haddiema Maghqudin (UHM) is calling for a wage increase, while the Nationalist government is in favour of retaining a wage freeze and imposing thresholds. The call comes after the government issued public service figures showing millions in arrears after a collective agreement signed after the 1998 election.

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Concern over US recovery mounts

The US economy, generally considered at once the barometer and catalyst for the global economy, appears set to dip into recession once again with the publishing of the index of leading economic indicators, which fell 0.4 per cent in July after a 0.2 per cent decline in June.

READ MORE >>


INTERVIEW
Let there be light
Starting a business at 25 years of age when you don’t come from a business environment is no mean feat, but starting a business on the verge of getting married is a tougher challenge still. Silvio Scerri, owner of Nexos Lighting Co Ltd speaks to RAY ABDILLA about how he built a successful business from the ground up – lighting up Malta’s stages, theatres, clubs, and concerts along the way

  OPINION
Sustainable development - tracing the evolution of a concept under international law

The World Summit on Sustainable Development (WSSD) kicks off on 26 August, the expectations are many but scepticism is equally high as many fear it would be another talking shop for the international community where few if any other commitments are made. In reality however, the WSSD will surely serve to influence the legal interpretation of sovereignty over of natural resources and the concept of sustainable development. Dr Simone Borg looks closer at the issues at hand.



INVESTORS’ CORNER
Money Market 19-20 August


NEWS
New capital projects to provide more berths, better facilities for yachts
Two major projects underway, the Cottonera Waterfront Development and the Tigne´ Point/ Manoel Island project, are set to boost Malta’s appeal as an international yachting centre and both are placing a distinct emphasis on attracting high-spending owners of super-yachts.

Foreign students continue to flock to Malta
While the tourist industry may be suffering from a comparative slump, there was nothing wrong with the number of English language students coming to Malta last year.

New role for Malta-Libya relations in view of EU, AU
Speaking yesterday at the 22nd session of the Malta-Libya Joint Commission, Finance Minister John Dalli praised the mutually-beneficial relationship enjoyed by the two countries, which, he says, has stood the tests of time and changing circumstances.


 

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