21 February 2007

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Crackdown starts on VAT evasion on home loans
Matthew Vella
In a move towards curbing VAT evasion on so called ‘finishing’ loans, a bill passed on Monday will enforce the collection of invoices and receipts of works carried out on credit facilities from banks.

Chamber and FOI considering merger
Matthew Vella
The Malta Chamber of Commerce and the Federation of Industry are actively pursuing a route towards merging into one united body, this newspaper has learnt.

Smart City – Gatt urges caution on Indian deal
James Debono
The Ministry for Investments, Industry and IT has reacted to Business Today’s feature on the Kerala deal struck with Tecom for the Kochi internet city last Wednesday saying any comparisons between the Maltese and Indian deal “need to be made with caution and not by merely pointing out narrow argumentation on the basis of simplified tabulations.”


George M. Mangion
Nobody can say that this government has not been trying to solve the problem of the Drydocks, but time has come for facing the consequence of a commercial failure. READ MORE >>

POINT OF VIEW - Josef Formosa Gauci
Tourism turnaround
No information will be interpreted as no action
Unfortunately today we cannot look back at 2006 in any way other than to be glad that it is over.

Fiscal morality and justice
News of government’s clampdown on VAT evasion sends a reassuring signal to consumers and businesses alike. We have seen parliament finally legislating on Monday to have banks produce a list of VAT numbers of third parties supplying services in connection with properties financed by credit from these financial institutions. READ MORE >>

The Gasan certificate
Mark Gasan, managing director of Gasan Enterprises, talks about the future for an established firm now close to 80 years in operation READ MORE >>

Information Technology
Mac users ‘still lax on security’
Apple Mac users are still too lax when it comes to security matters, an independent researcher has said.
Kevin Finisterre caused ripples in the Mac community when he started a website in January revealing a different bug in Apple systems each day of the month.

Hard disk test ‘surprises’ Google
The impact of heavy use and high temperatures on hard disk drive failure may be overstated, says a report by three Google engineers. READ MORE >>


Malta embraces FP7 in major step towards R&I

UHM general conference and elections

One in five earn living from a part-time job

Euro application awaits confirmation of inflation stats

Non-EU states asked to fork out more cash

Commission asked to investigate “flawed” exclusion of One TV from EU programme

Uniblue’s Local Cooling features on BBC

Water Services Corporation reduces leaks

New president for Mediterranean Enterprise lobby

Grand Harbour Marina announces share allocation policy

Frank Salt expecting a good year for the property market


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Editor: Matthew Vella
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