Malta Today
Malta Today

13 October 2004
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Lawyer says government was aware of Brussels embassy tax implications
By Kurt Sansone
The tax implications of renting out four floors of Malta House in Brussels for commercial purposes risk turning into a political and fiscal complication as lawyer Peter Caruana Galizia yesterday told the Public Accounts Committee that he had prepared a report for Mimcol outlining the tax implications of any decision taken by government.

Runaway oil prices to have a “large weighting on economic prospects”
As oil prices continued to soar higher yesterday, marking a sixth consecutive day of all-time peaks, market analysts speaking to The Malta Financial and Business Times warned that prospects for economic growth could be wiped out as the country’s energy bill soars. READ MORE >>

EU report shows Malta’s euro odyssey is a tough quest
By Matthew Vella reporting from Amsterdam
The euro is five years old, and at the Euro Conference being held in Amsterdam this week its guardians have lauded the toddler currency’s first steps towards a greater European economic growth. The keyword is, however, ‘credibility’, bandied about by Joaquin Almunia, the EU Commissioner for economic and monetary affairs, and former European Central Bank president Wim Duisenberg.

Facing up to the challenge
With a supermarket price war in full swing, Philip Borg, the owner of Tower Supermarket - who heads a recently formed group of eight supermarkets with the intention of taking on the challenge poised by foreign competitors - talks to Sandro Mangion

Tourism and urban development
Tourism and Culture Minister Francis Zammit Dimech speaks about the Valletta and Cottonera experiences in linking tourism and urban development in a speech delivered to the International Federation of Housing and Planning’s Working Party on ‘Tourism and Urban Development’. Following are extracts from his address


BOV privatisation news pushes share price up

GRTU and MEA get no government grant

MFSA warns on ‘phishing’ – a new type of internet scam

MIDI development makes steady progress

Positive winter prospects for cruise liner industry

PM promises tax report on Malta House Brussels at first PAC hearing




Copyright © Newsworks Ltd. Malta.
Editor: Saviour Balzan
The Malta Financial & Business Times, Newsworks Ltd, Vjal ir-Rihan, San Gwann
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | E-mail