Editorial
Gothenburg – unity emerges
from chaos
Focus
Making the most of the land at hand
for industry
The availability of land for industrial use was highlighted last week
by Parliamentary Secretary for the Economic Services Ministry, Edwin
Vassallo. Land is precious and is one of the country’s scarcest
resources and the demand for industrial space is increasing seemingly
by the day
Opinion
Tony
Zarb addresses ILO conference
Following are extracts from General Workers’ Union General Secretary,
Tony Zarb’s address to the International Labour Organisation’s
latest conference held in Geneva last weekend
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Local
News
Farsons Group improves its financial
results
At its 54th Annual General Meeting held on Monday, Simonds Farsons Cisk
Chairman Bryan A. Gera, explained that the Group last year registered
a six per cent increase in turnover, while also confirming a total ordinary
dividend of 1c7 per share net of tax
Malta Freeport remains tight-lipped
over CMA pullout threat
Freeport officials refused to comment yesterday on the near-disastrous
repercussions the corporation would face if, as is rumoured in business
circles, it loses one of its major customers, CMA CGM
Industry calls for better summer
customs’ service
Steps should be taken to at least ensure the customs department
is kept open with a skeleton staff on full days during the summer months,
to enable industry to operate competitively, the secretary general of
the Federation of Industry, Edwin Calleja, said yesterday
Government revenue up 5.4%
The National Office of Statistics yesterday reported that, during the
first five months of the year, government revenue increased by 5.4 per
cent, while the government’s expenditure increased by 10.5 per cent.Manufacturing
sector continues to surge
In the first quarter this year, total sales by the large manufacturing
enterprises increased by Lm5.3 million, or 2.1 per cent, to Lm260.5 million
from Lm255.2 million a year earlier
Consumer borrowing on the rise
The ‘buy now, pay later’ philosophy looks to have taken off
on the Maltese Islands, with many consumers now opting to buy goods
on credit
Corinthia group interested in Slovakian
market
The Corinthia Group of Companies could well add further to its expansion
in the international market by increasing its hotel business in Slovakia
La Valette Funds interim results
La Valette Funds SICAV plc last week issued its Interim Report and Unaudited
Financial Statements for the half year ended 31 March 2001
MIM awards Marlene Mizzi for achievements
in management
The Malta Institute of Management has nominated Marlene Mizzi as Lifelong
Honorary Member of the Institute for her exceptional achievements in
the field of management over the recent years, particularly during her
post as Chairman of Sea Malta. She is the first woman to be nominated
for the prestigious award
Two nations on the verge of EU
membership
Malta Chamber of Commerce President, John E. Sullivan, addressed the
a meeting convened for the visit of Slovak Prime Minister Mikulás
Dzurinda. Mr Sullivan compares the likenesses between the two countries’
economies and the areas in which synergies could be developed.
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