24 APRIL 2002 |
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FIMBank becomes world leader in ship scrapping First International Merchant Bank Chairman Najeeb Al-Saleh announced at the companys recent annual general meeting that the Malta-based bank last year had become the worlds leading bank in the specialised ship scrapping industry Home owners set to benefit from HSBC's home credit HSBC Bank Malta p.l.c. has launched a new lending product called Home Credit Mosta Technopark thriving under self- management At the official inauguration of the new CCTV Security system at the Mosta Technopark, the Minister for Economic Services, Prof. Josef Bonnici said that the tenants association at the Technopark can look back and sense the difference attained by all through self-management Complettion of repairs on oil rig Actinia The Transocean Sedco Forex semi-submersible oilrig "Actinia" has sailed from Malta Drydocks on completion of repairs Investment losses considered in bonus declared by Middle Sea Valletta Life In deciding this years bonus declaration, as in previous years, the Board of Middle Sea Valletta Life Assurance had to consider the impact of unrealised investment losses on the Life Fund Female employment rises 1.93% over 2001 The Economic Policy Division within the Economic Services Ministry reports that over last year the countrys labour supply, including both the full-time employed and the registered unemployed, rose by 913 (0.63%) Hi-tech firm celebrates first anniversary This week Economic Services Minister Josef Bonnici paid a visit to FAL Malta Ltd. on the occasion of the first anniversary of the companys presence in Malta Hotel San Antonio Lm2 million bond subscriptions open tomorrow Hotel San Antonio has announced the issue of 20,000 bonds of Lm100 each. The bonds carry an interest rate of 7.5%, with interest payable semi-annually and hold a maturity date of May 2012 Cisco Systems to appoint Melita Cable official regional demo site As part of the recent agreement to appoint Melita Cable Data Services as a member of the Cisco Powered Network, Cisco Systems has selected Melita Cable Data Services as their official demonstration site for Cisco MPLS (Multi Protocol Label Switching) VPNs (Virtual Private Networks) for the region
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