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Talk must become action if Drydocks
is to be saved
By
Miriam Dunn
The best way to save Malta Drydocks from a bleak future is to stop
postponing difficult decisions, face reality and act promptly
ST improves international ranking
despite slump
By
Kurt Sansone
STMicroelectronics is poised to improve its ranking to fifth
in the top 10 list of semiconductor suppliers worldwide, according
to the annual ranking exercise conducted by Arizona-based market
research company, IC Insights
Efficient tax collection restricts cashflow
The cashflow crunch which is currently impeding so many businesses
around the island could be at least partly down to the much more
efficient collection of taxes that is now in evidence.
FOCUS
Government revenue, expenditure
shortfall up 17%
- Gov’t
debt up 14%
As expected, the shortfall between government revenue and expenditure
saw an increase of Lm14.6 million, or 17.4 per cent, between January
and October this year. The shortfall for the first 10 months of
this year - deducting the contribution to the Sinking Fund for local
and foreign loans as well as direct repayment of loans – stood
at Lm83.5 million, while the shortfall over the same period last
year had stood at Lm68.9 million.
INTERVIEW
New strategies for a changing
marketplace
In an era when customers’ demands are constantly changing,
Malta’s banks are gearing up to make the adaptations needed.
Frank Xerri de Caro, Bank of Valletta’s chief officer for credit
management and retail banking, outlines some of the new strategies
that have been put in place to MIRIAM DUNN
OPINION
A necessary process of
change
Malta Chamber of Commerce President John E. Sullivan last week delivered
a keynote address to the Chamber’s annual general meeting.
Following are extracts from his wide-ranging speech
IN THE NEWS
Shop owners jittery over window shopping
trends
Public sector irks businessmen
Harry Vassallo addresses UHM General
Council
Visible trade gap shrinks by Lm71.3m
Aw Tribu! Sets environmental precedent
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