29 November 2006

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Business Today

Malta Today



Tourism creating just 9,100 full-time jobs
The other 9,000 are all part-time jobs
James Debono
Part-timers account for a massive 49.5% of all jobs in hotels, restaurants and catering establishments, according to statistics presented in parliament, with 31% of the entire part-time cohort not even having an additional full-time job.

NECC calls on banks to drop euro conversion charges
Karl Stagno-Navarra
The National Euro Changeover Committee is urging all local banks to actively pursue a proposal to slash administrative charges to retailers while depositing Euro and converting the currency into Maltese Lira, as from next January.

Air Malta does not repair planes – Austin Gatt
Matthew Vella
Investments Minister Austin Gatt yesterday said Air Malta’s central function was not that of repairing airliners or taking out more cash from its limited resources to invest it in “activities which did not help it improve its service or make it more profitable” – referring to criticism from Labour MP Charles Mangion, who commented on the recent expansion of Lufthansa Technik’s base at the Malta International Airpot.

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