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THE MALTA FINANCIAL & BUSINESS TIMES

10 JULY 2002
ISSUE NO. 244
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Editorial
By Saviour Balzan


The life and times of Mr Cutajar and Mr Mifsud


Search Malta - Gozo and Comino too!






THE ECONOMIC UPDATE

Malta and the new economy

F O C U S
MLP non committal on VAT after Mifsud saga
By Kurt Sansone
Muddy waters still characterise the Labour Party’s position on VAT, with the secretary general promising only that a decision will be taken "at the appropriate time before the next general election by means of a decision taken at a general conference." READ MORE >>

GRTU rules out industrial action at ports
By David Lindsay
The Association of General Retailers and Traders Director General Vince Farrugia yesterday ruled out resorting to industrial action at Malta’s ports to settle the dispute it is currently facing with the government. READ MORE >>

Cutajar flirts with MLP but denies wanting to contest election
The mystery of Mario Cutajar’s resignation from the General Workers’ Union deepened last Sunday when Mr Cutajar was seen in the audience gathered at the Labour Party club in Ghaxaq during the customary Sunday morning speech delivered by Labour leader Alfred Sant. READ MORE >>


Henry Borg INTERVIEW
Henry Borg
David Lindsay speaks to Mosta Technopark Tenants Association Chairman and Managing Director of Signal Construct Malta, Henry Borg, on the Association’s work in turning an industrial estate into an important marketing tool and on how the MTTA has created a prime example for Malta’s other industrial estates to follow

Eddie Fenech Adami OPINION
The internal audit and financial investigations
At the Biennial Conference on the Public Internal Audit and Investigative Function, Prime Minister Eddie Fenech Adami highlights the progress in re-engineering the internal audit and financial investigations function in Malta.


INVESTORS’ CORNER
Money Market 1-5 July
- higher activity in the inter-bank market

NEWS
Privatisation drive to transform Malta into regional hub – Rothschild director
Christopher Jenkins, Director with Rothschild and advisor for Valletta Fund Management, yesterday spoke at a seminar on the current global market and its effect on Malta’s capital market organised by Valletta Fund Management
Air Malta, beach rooms and Queiroz feature in MIA Parliamentary debate
Parliament yesterday approved the transfer of land to Malta International Airport as part of the privatisation deal with a vote of 30 in favour and 23 against
AD urges government to adopt GM labelling
Alternattiva Demokratika yesterday welcomed the European Parliament's vote to introduce strict labelling on foods containing genetically modified (GM) ingredients
Broad money increases as credit expands
Higher demand deposits, currency in circulation sees narrow money recover
MMA working to adhere to ILO maritime convention
Transport Minister Censu Galea yesterday highlighted measures being undertaken by the Malta Maritime Authority to ensure that Maltese flagged ships conform to ILO Convention 147 and its Protocol, which will become effective for Malta in January of next year
Bankers Association advises on changes to withholding tax
In view of the recent changes to the Income Tax Act regulating withholding tax on investment income, including interest earned on bank deposits, and which became retroactively effective from the year’s inception, the Malta Bankers’ Association has recommended that customers reassess their individual positions
Multi-million dollar Airbus deal for Air Malta
All the mounting speculation on which company was going to provide Air Malta with its new leased fleet came to an end last Friday with the announcement that the national airline concluded a multi-million dollar agreement with French-based Airbus Industrie


 

Copyright © Network Publications, Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta, Europe
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | E-mail