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F O C U S
Government debt up 7.8%, revenue
up 3.4%
Government debt outstanding at the end of June had increased by
7.8 per cent according to provisional statistics released by the
Central Bank of Malta through the National Statistics Office yesterday.
Government debt at the close of this year’s first half had
stood at Lm1,049.6 million, up by Lm75.5 million from the Lm974.2
million registered at the end of June last year.
READ MORE >>
Eyes wide open on Hili’s Venice
investment
The commercial port in Venice, in which Malta Freeport chairman
Marin Hili personally has a 50 per cent stake, can hardly be considered
to be a threat for the Malta operation based at Birzebbuga. READ
MORE >>
VRT testers’ limits being
tested
By Mario
Schembri Wismayer
The VRT fraternity is up in arms following what would appear
to a quantitative misunderstanding over the total number of VRT
testing licences to be issued. READ
MORE >>
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INTERVIEW
Anton Spiteri
With the Verdala Mansions opening its doors to residents
in May 2003, Ray Abdilla strays from the more controversial
aspects of the project as a whole and speaks to AX Holdings
Property Consultant Anton Spiteri on the elite project’s
sales to date on the works in progress |
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OPINION
The challenge of the
euro
Earlier this month Central Bank of Malta Governor Michael
C. Bonello addressed the Second International Summit organised
by The Economist/Caja in Madrid. Mr Bonello presents the euro
perspective of a small candidate country. |
INVESTORS’
CORNER
Money Market 15 - 19 July
-
higher outstanding term deposits
NEWS
GWU pouring oil over troubled
waters
The no-contest for the post of deputy secretary general of the General
Workers’ Union, vacated by Mario Cutajar earlier this month,
is being viewed by outsiders as an attempt to quell the turbulence
that has hounded the union for the past few weeks
Moody’s, Fitch reports cast
shadow on Maltese banking
Maltese banks remain constrained by an uneasy economic environment,
according to Moody's Investors Service’s new Banking System
Outlook on Malta issued late last week
AD appeals for consensus on Industrial
Relations Bill
Alternattiva Demokratika yesterday appealed for a consensus to be
reached on the Industrial Relations Bill so its could be implemented
and extend it various rights to workers.
VFM launches La Valette Euro Income
Fund
Valletta Fund Management yesterday announced the launch of the La
Valette Euro Income Fund, advised by Rothschild Asset Management,
which is a new investment opportunity aimed at investors seeking
to achieve a reasonable level of income, with the possibility of
capital growth, through investment in debt securities which are
principally Euro denominated
HSBC and GWU sign new collective
agreement
HSBC Bank Malta and the Professionals and Services Section of the
General Workers’ Union have signed a new collective agreement
for non-clerical categories within the Bank
Integrating with the European Agency
for health and safety in the work place
Eight Candidate Countries have teamed up with the European Agency
for Safety and Health at Work to launch joint occupational safety
and health websites
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Editorial 
