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Local
News
Expenditure
stable as revenue increases by 13 per cent
The National Office of Statistics reported yesterday that, during this
year’s first quarter, ordinary revenue rose by close to Lm17 million,
or 13.2 per cent over last year’s first quarter.
Gross domestic
product up 6.9%
According to figures released yesterday by the National Office
of Statistics, over the course of last year Malta’s Gross Domestic
Product (GDP), the total market value of all the goods and services
produced within the borders of a country, increased nominally by Lm101.1
million, or 6.9 per cent, over 1999’s figures. Meanwhile, in real
terms the GDP grew by Lm63.0 million or 4.7 per cent
Exorbitant
demands by port workers
The Freeport is on the brink of industrial action after port
workers members of the GWU yesterday threatened to strike over demands,
which were described as ‘astounding’ by the corporation. Amongst
others, the port workers are asking for an annual income of Lm14,500
each
Hubbing our
way to the EU
If Malta is promoted as the hub of the Mediterranean, it
can approach the EU negotiation process with a full package that benefits
the island, the EU and our neighbours, according to IT expert Joseph
Woods
VFM's quarterly
seminar links with Rothschild's in London
For the first time during its Quarterly Sales Seminars, Valletta
Fund Management organised a live link-up with Rothschild Asset Management,
its fund management partners in London who are responsible for the La
Valette, Vihena and Wignacourt funds managed by Valletta Fund Management.
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