02 August 2006

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Business Today

Gonzi’s Catch 22

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Pre-budget document to propose changes to income tax
Kurt Sansone
Outlining government’s plans for the next year, the pre-budget document to be published next Saturday is expected to propose a change in income tax bands, with the most likely option to be taken up for the forthcoming budget being an increase in the non-taxable portion for both single and married individuals to Lm3,500 and Lm5,000 respectively.

EU fails to agree on immediate ceasefire call
European Union foreign ministers yesterday failed to agree on demanding an immediate ceasefire in the Middle East, opting instead for a diplomatically softer position asking for an immediate end to hostilities. READ MORE >>

FOI hails first reductions in port costs
James Debono
As port operators issued new port charges yesterday, costs for exporters and importers dropped by a margin of one to nine per cent.

Europe’s heatwave is Maltese farmers’ blessing
Karl Schembri
Europe’s nightmarish heatwave is striking down crops particularly in the east but this is turning out to be positive for Maltese farmers who are fetching better prices for their produce.



Putting profits before service - George Mangion
My mother received a 75 years plus card from HSBC and she was ever so delighted that the Global Bank is a caring bank. Her long hours to queue for cashing a pension cheque appeared to be a bygone experience. To her momentous disappointment… READ MORE >>

Lebanese suffering, European inertia
Despite calling for an immediate cease-fire, the Maltese government’s reaction to the crisis in Lebanon can be best described as mute and bland according to Shadow Foreign Minister LEO BRINCAT. READ MORE >>

Information Technology

EMI licenses music to Mashboxx

US to ban social networking sites

Hi-tech ink perfects egg boiling

Apple becomes fourth biggest supplier of PCs


Malta registers highest unemployment increase

MHRA fear further decrease in July tourism

Watch, listen and talk

Inland revenue extends part-timers’ closing date

Central intervention rate unchanged at 3.5%

GWU official files injunction against union

The World’s Local Bank earns Lm114,000 in profit per day from Malta

Tumas Group’s finance arms register strong results

Global warming will make Maltese beaches too hot for tourists by 2020



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