Malta Today
Malta Today

07 January 2004
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Economic Update

Everything above board and in good faith - Parmalat Malta director
- MFSA has been examining accounts from day one
By Julian Manduca
Dr Ian Stafrace, a director in all three Parmalat owned companies in Malta, yesterday told The Malta Financial and Business Times that since the Parmalat companies came to Malta, everything was "above board, and conducted in good faith."READ MORE >>

Simed alleges that pressure from Italian government is “clear”
By Matthew Vella
Speaking to this newspaper, Simed area manager Ferry Dubbers yesterday alleged that it was "clear, that there has been some pressure from the Italian government on the Maltese", commenting on the specific mention of the Mater Dei hospital in the fifth Malta-Italy financial protocol, which was enacted on 1 January. READ MORE >>

Farsons appears to be involved in another takeover bid
By Kurt Sansone
Bigger seems to be the buzzword for the Farsons Group. After taking over Guido Vella Cash & Carry - a wines and spirits business concern in Qormi - in November last year, the Farsons Group seems to have set its eyes on another import company.READ MORE >>

A year of the interview
Now with 2003 safely behind us, The Malta Financial and Business Times takes a look back and highlights a selection of interviews carried out over the year, which was by and large dominated by the business community looking forward toward Malta’s EU membership and competitiveness issues.

A new Chamber for a new, and challenging, year
Malta Chamber of Commerce and Enterprise President Reginald Fava addresses the Chamber’s recent 155th Annual General Meeting. Following are extracts from his speech, in which he gives commerce’s insight into issues such as EU membership, the Malta Business Bureau, the challenges and opportunities for small businesses, and the state of public finances


Finance Minister reacts to Simed statements

Zarb Adami defends Maltacom’s Lm170,000 Portomaso acquisition

Accounting standards prepared for EU accession

Lower short-term liquidity on money market

External Transactions Act in force as from January

VFM totals over EUR440 million in assets

Minister says rise is tolerable, dollar slides to record low






















Copyright © Newsworks Ltd. Malta.
Editor: Saviour Balzan
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