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Economic Update

28 AUGUST 2002
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By Saviour Balzan

The thriving economy!

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Malta and Germany

Italian style Qala Creek project launched

The Qala Creek project, the newest development sensation to hit the headlines, was yesterday launched to the general public. The architects and owners of the project presented an exhibition at the Qala Primary School, in co-operation with the Qala Local Council and as part of the public consultation process. READ MORE >>

Vassallo replies to land scheme criticism

Economic Services Parliamentary Secretary Edwin Vassallo yesterday replied to criticism over the newly launched scheme that would see land freed up for industrial use, confirming that no arable land is included among the sites involved in the scheme. READ MORE >>

Maltacom announces financial results

• Intends publishing results on half-yearly basis
• Turnover up
• Profits after tax slightly down
• Vodafone divestiture ongoing

Edwin Vassallo INTERVIEW
Solving the great land debate
David Lindsay speaks to Parliamentary Secretary in the Economics Services Ministry Edwin Vassallo and discovers the recently launched industrial land allocation scheme is far more than a mere question of freeing up land for small industry

The role of the euro in global capital markets
Ms Sirkka Hämäläinen
, Executive Board Member of the European Central Bank, addresses the sixth European Financial Markets Convention 2002. Ms Hämäläinen speaks about the importance of the euro as a financing, investment reference and transaction currency

Money Market 19-23 August

5 star land at negligible prices
The leases paid for use of prime government land by big development projects appear to defy logic, with ground rents being charged with apparently no fixed criteria in mind. They vary widely and it is impossible to justify the disparities by looking at area and location
IPSE launches new Enterprise Loan Guarantee
With a view to the increasingly competitive market environment, increasing business risks and tighter market opportunities, the Institute for the Promotion of Small Enterprises yesterday launched a new Enterprise Loan guarantee grant start ups better access to banking finance, which has become an increasingly complex issue for Malta’s Small to Medium Size Enterprises
Wine Intergroup's visit to Meridiana
Six members of the Wine Intergroup toured Meridiana Wine Estate at Ta'Qali on the eve of Santa Maria as part of an official fact-finding Study of Maltese vineyards and wineries
Planning guides for the retail sector
The Malta Environment & Planning Authority has published a Public Consultation Draft - ‘Interim Retail Planning Guidelines’ for the retail sector
MTA to implement MEPA tables and chairs policy
Tourism Minister Michael Refalo and George Pullicino, Parliamentary Secretary in the Ministry for Home Affairs and the Environment, on Monday spoke about MEPA’s change of policy which favours a more liberal official attitude to the placing of tables and chairs on public land abutting catering establishments and bars. The new policy does not apply to fixed and mobile kiosks
Miss Bikini World 2002 for Bay Street
"The final of the Miss Bikini World 2002 contest will be held at Bay Street Hotel Complex on Saturday 26th October 2002. The event will be staged by Miss Tourism World Organisation, the largest producers of beauty pageants and modelling competitions in the world in conjunction with locally based Catwalk Productions International," Paul Chetcuti, Operations and Event Director of Catwalk Productions International, said
Maltese Students participate in International Scientific Experience
Last month, sixth-form students Reuben Borg, Dion Scerri, Tessa Bugeja, Keith Vella, Kristian D’Amato and David Borg Bartolo, set out to Slovakia, together with their group leader Sandra Scicluna on a flight kindly sponsored by Air Malta
Maltese delegation joins Sustainable Development Summit
Yesterday saw the addition of the Maltese Delegation to the already 13,000-strong summit for Sustainable Development
Abela Fitzpatrick re-elected MIM President
In the first meeting of the newly elected Council, Joe Abela Fitzpatrick was unanimously confirmed as MIM President through a secret ballot. The re-election marks Mr Abela Fitzpatrick’s 10th year as President of the Institute – 1985-6, 1989-93, 2000-2 – evidence of his relentless determination and continued commitment toward the Institute, its members, and the management profession


Copyright © Network Publications, Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta, Europe
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