26 July 2006

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Bad corporate governance

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Holiday Inn Lm23.3 million sale almost concluded
Matthew Vella
The prospective developer for the former Holiday Inn and Fort Cambridge area is George Muscat, one of the Bay Street Holdings shareholders, whose Lm23.3 million offer for the Fort Cambridge development brief has been confirmed with a letter of intent from the Ministry for Investments.

Low cost negotiations “at critical stage”
As the summer season is slipping by, tourism operators are anxiously awaiting the results of government’s negotiations with low cost airlines on a new set of routes announced late last week. READ MORE >>

Tourism Authority CEO selected
The Malta Tourism Authority may soon get its new chief executive officer in the likes of former Air Malta chief officer strategic planning, Dominic Attard, Business Today can reveal. READ MORE >>

Government should shoulder political responsibility on VOM fiasco – Mangion
As new witnesses were called to testify yesterday evening about the Voice of the Mediterranean (VOM) fiasco, the Chairman of the Parliamentary Accounts Committee Charles Mangion called on the government to “assume political responsibility” for the extravagant spending of public funds at the defunct radio station. READ MORE >>

Smartcity land in new building schemes
James Debono
Living up to the promise of putting the Smartcity project on a fast track, Minister Austin Gatt proposed the inclusion of land in Kalkara, earmarked for the hi-tech village, in the new development schemes during a meeting of the parliamentary committee scrutinising the new boundaries.



Lupanara, Lupercalia & LGA - George Mangion
For the Licensing and Gaming Authority it never rains but it pours and apart from having to deal with the challenges coming from abroad to Malta’s fledgling online gambling industry, the LGA has instituted unprecedented proceedings against a casino READ MORE >>

Euroman in the neighbourhood
One year after its creation the National Euro-Changeover Committee has stepped up a gear as the timeline for adopting the Euro increasingly shortens. READ MORE >>

Information Technology

Tuning in to Zune

Google beats expectations

AMD takes on Intel

Audiophiles get wi-fi music device

Maltanet extends special trade fair offers


Government low-cost proposal targets seasonality problem

Commission approves Malta’s reduced VAT

Telephony competition heats up

Government turns to the market for more funds

No new accounting rules until 2009

Bleak trade fair points to ailing economy

New managerial appointments at Vodafone

Smartcity zone to be included in building schemes

Online ‘tourists’ hit record high

HSBC furnishes computer room at children’s home

The Sense Group backs bill to curb underage drinking

Chamber commends NECC for change in start of dual pricing obligatory period

Dim prospects for peace as world leaders converge in Rome



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