Malta Today
Sunday Circle
Economic Update

30 OCTOBER 2002
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Economic Update
EU Budget Commissioner non-committal on Malta’s financial package
By Matthew Vella
EU Budget Commissioner Michaela Schreyer yesterday said she is not aware of Malta’s expenditure in attaining EU environmental standards. She offered brusque answers as to how Malta is expected to finance capital projects when it is to receive a meagre EU handout of EUR7 million equivalent to Lm2.8 million a year, the annual turnover of a middle-sized Maltese company. READ MORE >>

New Lm6 million investment by Hilton Malta
New conference centre to open in March 2003
The Hilton Malta’s new conference centre will open in March 2003 with an initial investment of Lm6 million and is set to become a first-class venue for prestigious meetings and events. The new conference centre will be located adjacent to the Hilton Malta, with direct internal access from the hotel’s lobby. Centrally located in the Portomaso complex, the centre is to provides the ideal opportunity to mix business and leisure. READ MORE >>

Land Ho! From offshore to onshore
Volksbank Chairman Maurice Mizzi and Managing Director Thomas Havlik speak to David Lindsay about Volksbank’s ambitious plans to come onshore, after operating as an offshore bank for seven years

Telecommunications reforms for economic growth
Transport and Communications Minister Censu Galea addresses the Meda Telecom Project Regional Forum and speaks about Malta’s transformation of its telecommunications systems and the ensuing effect on economic growth

Your weekly guide to investment
- CareMalta bonds over-subscribed
- Farsons bond offer subscribed four times over within 90 minutes
- HSBC’S new management team meets shareholders
- New HSBC capital secured funds target future economic ‘hot spots’
- New investment managers for Barclays

EU "request and pay" translation service could mean Malta footing hefty bill
Malta Trade Seminar carried out in Birmingham
IFS/BT Financial Innovation Awards 2002
BoV project named amongst top five most innovative working practices in the world
Malta to participate in the EU’s FP6 Research Programme
Major revamping underway at HSBC Malta
Half of MIA share offer reserved for MGP bondholders


Copyright © Network Publications, Malta.
Editor: Saviour Balzan
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