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Farsons to downsize fast food outlets
The managing director of Farsons has confirmed that the company
is preparing to downsize its operations at its fast food outlets.Louis
Farrugia told The Malta Financial and Business Times that its subsidiary
company Food Chain, which runs Pizza Hut, Burger King and Kentucky Fried
Chicken, will be offering early retirement to workers and tailoring
operations at head office.
Delay in pension reform feared
The secretary general of the General Workers’ Union has expressed
concern that the discussion on pensions is back to square one following
the resignation of Anthony Galdes as Chairmain of the Commission for
Welfare Reform.
No links to Italian spare
parts
A spokesman for Air Malta, yesterday confirmed that the national
airline has never bought any aircraft parts from the fraudulent Italian
company Panaviation, laying to rest fears raised by the Italian authorities’
probe into Panaviation’s fake spare parts scandal
Inflation rate hits 39-month
high, RPI up slightly
Malta’s rate of inflation, according to statistics released
yesterday by the National Statistics Office, continued to rise in December.
The figure rose to 2.93 per cent, the highest rate registered since September
1998
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