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Low productivity underlined in
government performance audit
The Auditor General, Mr Joseph G. Galea, has submitted the Report "Performance
Audit – Countryside Section" to the Speaker of the House of
Representatives
Polish workers did not surface
because of Shipbuilding welders’ refusal – Tony
Zarb
The controversy over the refusal of 16 Malta Shipbuilding welders to
work on a Scandinavian-owned ship in the Drydocks and the subsequent
importation of Polish workers to do the job, deepened yesterday with
GWU secretary general Tony Zarb rebutting allegations that surfaced
in the press
BoV receives varied, enthusiastic
response to EUR100m syndicated loan
nvestors from across the globe have scrambled to take up Bank of Valletta’s
offer for a EUR100 million syndicated loan. The lenders, which total
no less than 24, range from 11 countries
VFM to launch Mediterranean Rim
Fund
During a press conference at the Hilton Malta, Joseph FX Zahra, Chairman
of Valletta Fund Management announced that in the coming days the company
will be launching a new fund investing in the Mediterranean region,
the La Valette Mediterranean Rim Fund
November deadline for final change
of local telephone numbers
The new numbering system will be officially implemented on 1 November
2001 with a parallel, running period of six months after the launch
date, during which time the old numbers will remain operational
Half-year government finance
- Lm54.5m
revenue-expenditure shortfall, both on the rise
The National Statistics Office reports that a smaller contribution to
the sinking fund, a fund accumulated to pay off public debt, in respect
to local and foreign loans saw a shortfall between ordinary revenue
and total expenditure during the first half of the year. The shortfall
amounted to Lm54.5 million a figure considerably up from a comparable
shortfall of Lm39 million registered during the same period last year
MIDI to call for proposals for
historical cultural project content
MIDI Chairman Albert Mizzi last week spoke to journalists being shown
around Fort Tigne’ in the third information session held on site
over the last seven months
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