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By Julian Manduca
According to soon to be published statistics, foreign direct investment has increased over the past months by a considerable 30 per cent. The news had already been announced on Saturday when Prime Minister Lawrence Gonzi told the media that government’s work has led to a 30 per cent increase in foreign investment over the previous two years. The announcement, however, was met with scepticism by Labour spokespersons who told The Malta Financial and Business Times they had yet to see evidence of a confirmed increase in foreign investment...By Matthew Vella
MaltaTel’s general manager Mario Gatt has announced super low-cost land line rates set to render harsh competition between the Islands’ telephony companies and challenge the monopoly held by the Maltacom monolith. The new telephony service is set to start off in April for Gozo and is expected to spread nationwide six months later.
Gatt said MaltaTel’s slogan of ‘Why pay more?’ will be the leitmotif of a service he said will remove the stigma in peoples’ minds of having to impose upon themselves restrictions on their telephone calls and use of internet service...
Malta lent its support to the latest proposals for the disputed parameters of the Stability and Growth Pact put forward by the Luxembourg EU Presidency at yesterday’s Council of Economic and Finance Ministers meeting.
Luxembourg Finance Minister Jean-Claude Juncker yesterday said he does not rule out the possibility that the stability and growth pact will remain as it is...
The MIDI Consortium is looking for new investors for its Lm140 million Tigne Point and Manoel Island development project, The Malta Financial and Business Times has learnt.
Sources close to the consortium say MIDI is aiming to inject new capital and is looking for other sources of investment. This newspaper is informed that, over and above financing derived from the local market to date, the consortium is in discussions with other potential investors including a foreign bank...
OPINION
Deputy Prime Minister and Minister for Justice and Home Affairs Dr Tonio Borg speaks at the conference session on ‘Succeeding in a changing Libya’ and highlights a number of economic advantages Malta is in a position to reap through Libya’s emergence onto the world business stage...
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INTERVIEW
European Institute of Education Director of Courses and Administration Antonello Cappitta speaks to David Lindsay and explains the success of the University of Leicester MBA and Doctorate courses in Malta, which provides the university with the most student registrations from all the countries in which it is present...
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