TOP NEWS | Wednesday, 29 October 2008

Tariff increases announced, industry pleas ignored

David Darmanin

Announcing new water and electricity tariffs applicable to businesses and households retroactively, Ministers Tonio Fenech and Austin Gatt yesterday afternoon held to their guns after a three-week consultation marathon with all social partners opposing plans to implement such measures. >>

Methode Electronics goes on four-day week

After shelving plans to lay off between 120 and 200 staff, Methode Electronics has this week decided to put its entire 650 workforce on a four-day week starting Monday. >>

Pump more money into tourism - GRTU

Economists blast timing of introduction of new utilities tariffs

Local Councils meet European counterparts

Possible investments discussed by Irish international board

FIMBANK President attends Asia-Europe Business Forum

BOV and American Express enter in partnership

Move to Heathrow Terminal 5 completed – British Airways

Lowest-ever US consumer confidence registered

Iceland lifts interest rates to 18 per cent on IMF orders

Zero hour

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Prior to the announcement

Charlot Zahra speaks with MEA Director-General Joseph Farrugia on the impact of the proposed new utility tariffs on industry and other productive sectors of the Maltese economy. >>

Of painkillers and subsidies
The economy’s strong performance in the first half of the year and its resilience in the third quarter, judging by the reduction in the jobless figures for September, will probably ward off the possibility of a recession.>>

OPINION - George M Mangion
Requiem for a recession
The international scene is riveted by bad news of a US recession linked to the unprecedented bankruptcy of Lehman Brothers and the massive bail-out of two national mortgage icons Freddie Mac and Fanny Mae. >>




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29 October 2008

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