By James Debono
With the debate over the best possible timing for Malta’s eventual adoption of Europe’s single currency currently raging, The Malta Financial and Business Times spoke to former Finance Minister Lino Spiteri and economist Gordon Cordina to assess their views on the heated subject.
While former finance minister Lino Spiteri advised caution and argued that postponing the decision would not have a negative economic impact, economist Gordon Cordina argued that Malta should join the euro at the earliest possible opportunity...By David Lindsay
On Monday HSBC Bank International Limited cut the ribbon and inaugurated its first European affiliate office, in Malta, which is to be known as HSBC International Financial Advisers (Malta) Limited.
The development marks an important step for Malta in its bid to place itself as a leading regional, European and international financial services centre.
Speaking to The Malta Financial and Business Times Neville Benbow, Senior Business Improvement Manager at HSBC Bank International Limited, had strong words of praise for Malta’s regulatory body, the Malta Financial Services Authority...
The General Workers’ Union is stepping up pressure on the government following inconclusive talks with the Ministry for Investments, Industry and Information Technology, saying it would fight for its right to industrial action and that it would not be intimidated by the government’s tactics.
GWU Secretary-General Tony Zarb said the Union would be calling for a meeting with the Malta Council for Economic and Social Development as well as with Prime Minister Lawrence Gonzi to say that it finds it unacceptable that Enemalta employees were suspended during industrial action ordered by the Union.
Union officials yesterday said that the government’s interference in the industrial dispute had sabotaged what was a dispute with Enemalta management that could have been solved “in 30 minutes”...
By Karl Schembri
Malta and Gozo now have a new helicopter service connecting them after the state-subsidised Malta Air Charters service was brought to a halt last year.
Spanish company Helicopteros del Sureste flew its first helicopter flight between the islands yesterday, with Competitiveness Minister Censu Galea and Gozo Minister Giovanna Debono aboard.
“We’re here, as promised, and we hope to remain for a very long time,” Spanish Operations Manager Antonio Martinez Garcia said to journalists after the craft landed in Xewkija...
Finance Ministry Parliamentary Secretary Tonio Fenech speaks at the recent conference organised by KPMG themed ‘Financial Services: a springboard to economic success’. In his address Mr Fenech explains how Malta as a country is now approaching the end of a cycle of radical reform and entering a new phase...
Security Service Malta Managing Director Gordon Mifsud speaks to David Lindsay about the evolution of security services in Malta and finds a rapidly developing sector that these days is going far beyond the mere provision of the traditional watchmen...