MaltaToday

Sunday Circle
Issue No. 167
10 – 18 January 2001
People
Interview with Charles Borg,
general manager of Valletta Fund Management

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Editorial
The recipe for a sane economy
Fringe benefits or tax evasion


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Focus
Processing under Customs Control
The Department of Customs will be introducing a number of new procedures over the forthcoming two years for the clearing of goods.

Opinion
2001 think first, think business
GRTU Director General Vince Farrugia expounds on the Irish example of Public Expenditure while advising to think business first this year

Market
Money Market Report for week ending 5 January



Developments expected in Bay Street Sunday shopping controversy
The Home Affairs minister Tonio Borg has told the Association of General Retailers and Traders that there will be developments over the Bay Street shops’ Sunday opening controversy, but it has not yet been revealed what course of action will be taken. [ READ FULL ARTICLE ]

Good sales for satellite business
But dealers fear bureaucracy still hinders sales
Satellite dealers have once again slammed the government over applications for permits to the Planning Authority for installing digital dishes. [ READ FULL ARTICLE ]



Irish premier visit heralds the year of the Heads of States

The Irish premier Bernie Ahern's visit to Malta heralds a new trend that will take up many of this year's calendar of activities. And more heads of states are expected to visit Malta in the future.
The visits by the European Union heads of state are expected to contribute in pumping some adrenaline into the government's European Union accession process.
To keep up with the Heads of States' visits, the Europhobes are expected to counter these visits with high profile eurosceptics
Mr Ahern, a charismatic premier, emphasised the pluses EU membership had brought to Ireland's economy during his visit.
To counter Mr Ahern's visit, the Campaign for National Independence - a hotch potch of right wing and left wing extremists operating under the Labour party umbrella - organised a parallel visit by Irish nationalist Anthony Coughlan.
Mr Coughlan, who was invited to Malta in the guise of an economist, is best known in Ireland for his strong views on the so-called British occupation of Northern Ireland.
Mr Coughlan was welcomed to Malta by the Leader of the Opposition. Mr Coughlan insisted with Alfred Sant that Ireland's prosperity had nothing to do with EU
membership.



Local News
MTA contribution increases, untimely for leisure industry
While some business owners have seen only minor increases to their MTA contributions, contributions now payable by others have become tremendous and have come about at a rather inopportune moment ­ during the low season. By David Lindsay

Good reports on January sales, despite greater competition
More shops may be opening, including new complexes, such as Bay Street and the Embassy, but many retailers still seem to be satisfied with business over the Christmas period and the beginning of the January sales. By Nadine Brincat

VAT fines reaping rewards
Fines collected by the VAT Department last year amounted to thousands of Malta liri.
In fact last year 39 sittings regarding VAT and another 22 sittings regarding CET were held at the Law Courts last year

 


The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07
Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075
Editor: Saviour Balzan
e-mail: editorial@networkpublications.com.mt