TOP NEWS | Wednesday, 25 March 2009

Enemalta wants no discount for the private sector

David Darmanin

Infrastructure Minister Austin Gatt yesterday announced that a revised financial forecast for Enemalta has brought to light that, over the next six month period, the total expenditure of Malta’s sole electricity provider will be almost 17 per cent less than expected. Last October, the same Minister announced a controversial price hike in electricity rates based on estimated accounts and the hefty prices with which Enemalta was purchasing its fuel. >>

FIMBank launches Bond Issue

Government rejects casino’s request to go on four-day week

Finance Ministry still evaluating situation at Carlo Gavazzi

Baxter International Foundation donates $98,000 to Caritas Malta

Leading organisations mark CSR Day to help charitable causes

Malta’s economic recession and beyond

A Strategic U-Turn for Tourism

Commission to progressively remove from the market non-efficient light bulbs

HSBC’s ELDA offers potential of up to 6.19%

Microsoft Malta holds open door event for IT start-ups and developers

Telefónica and Vodafone announce milestone pan-European collaboration

The Nano effect

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Small is beautiful

Volksbank Malta Managing Director Herbert Skok spoke to CHARLOT ZAHRA on how the bank developed from an offshore-based bank to a fully-blown retail bank during the 14 years that it has been operating in Malta. However, its strategy has always remained targeted at serving niche markets rather than the mass market >>

Summer of horrors expected
Infrastructure Minister Austin Gatt has yesterday announced his intentions not to allow any lower electricity rates for bars and restaurants, and this in spite of Enemalta’s fuelcost plummeting substantially over the past months. If he were to allow cheaper commercial rates, this would in his view constitute a subsidy. >>

George M. Mangion

Jobs for free
A lot has been written of late about the need for Malta‘s economic fortunes to improve. Leading economists lament that there must be a solution to this delicate economic dilemma amidst the current recession that is hitting the world. Jobs are the first that feel the drop in economic growth. >>



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25 March 2009

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