Slow but steady response to Government scheme on hoarded cash
Karl Stagno-Navarra
Banks and stockbrokers are reporting a “slow” but “steady” response from the general public to a government amnesty intended to encourage a gradual and orderly surrender of an estimated Lm250 million undeclared hoarded cash, and to facilitate its integration into the formal economy through the financial system before the country’s adoption of the Euro as its national currency. READ MORE >>

Drop in tour operator business, ‘much greater than anticipated’ – MHRA President
Gerald Fenech
Although tourist arrivals for the first quarter of the year have increased considerably, this does not mean in any way that we have overcome or are about to overcome the current crisis in the tourism industry. Adding to this scenario, the drop in tour operator business for the months ahead appears to be much greater than had initially been anticipated. READ MORE >>

MIA likely to invest in new Sicily airport
Charlot Zahra
Flughafen Wien, the Austrian company running the Malta International Airport (MIA) has been mentioned as one of the investors in a new airport in Sicily, BusinessToday has learnt. READ MORE >>