18 JULY 2001
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 Editorial

The duck and the golden egg


Search Malta - Gozo and Comino too!




Interview
A seamless financial service
Barclays is perhaps the most renowned name in banking among the Maltese and, following a long absence, it re-established its banking services on the Islands just two years ago.

More recently, Barclays set up an International Investments facility through which it now sells its own funds. David Lindsay speaks to Barclays Malta Group Representative and General Manager, Richard Wallace, on its new investment arm and how it has provided its Maltese clients with a seamless service.

Focus
Price Club quo vadis?

Both Leo Brincat and Vince Farrugia tend to agree that Government need not intervene in the Price Club issue and they also give their views on a foreign take-over.

Opinion
Safer shipping and clean seas
Transport and telecommunications minister Censu Galea argues that safer shipping and cleaner seas is a “culture” he was speaking at a convention held in Malta on Mediterranean Memorandum on port static control at the Radisson



Yesterday at the National Audit’s Office 4th anniversary conference. In the opening speech, Finance minister John Dalli praised the Office as a strong state audit institution perfectly capable of handling both its current and future challenges.

Photo Pippa Zammit Cutajar


More then 1,500kg of VAT receipts in lottery bid
No one at the Lotto Department bothers to count the large number of VAT receipts participating in the regular monthly lottery, but the Director of Public Lotto, Alfred Muscat revealed that the total weight of the receipts has reached an access of 1,500kg a month. But inside sources said this equalled 7 million receipts a month

Pork industry still finding its feet
Consumers, retailers, producers and food processors are still struggling to cope with a pork industry that has been left in disarray following a huge increase in demand triggered by the BSE crisis earlier in the year

MLP exponents give conflicting views on Price Club redundancies
The Price Club redundancies have sent the Labour Party reeling in two opposite directions with finance spokesperson Leo Brincat cautioning against government intervention while Karl Chricop, Marie Louise Coleiro and Chris Agius chiding government for staying out of the issue

Stanley Leisure to return to UK following abolition of betting tax
Less than a year since Stanley Leisure set up its Internet betting arm in tax-friendly Malta, the company has announced that it will be repatriating its Malta operations back to the UK by the end of the year

Seminar and workshop on assessment, examination and certification of seafarers
Different methods and procedures for the assessment, examination and certification of seafarers will be discussed during a five day seminar and workshop which is being organized by the International Maritime Organisation in collaboration with the Malta Maritime Authority. The event, the sixth in a series of regional seminars organized worldwide is being held at the Radisson SAS Bay Point Resort and was inaugurated by the Hon. Censu Galea, Minister for Transport and Communications

Crown Works/Horn Works Action Plan approved
The Planning Authority has approved an action plan for the Crown Works and Horn Works area in Blata l-Bajda. The Plan includes two major proposals: A park and ride scheme for Valletta and Floriana and a Carnival Centre. The Plan has been presented to Government for its approval.

Trade license procedure revamped
A new draft law states that trade licences will no longer be issued by police stations but rather from the relevant authority or department responsible for the commercial activity in question.

Dalli applauds NAO, stresses that further changes must be made
Speaking at the fourth anniversary of the National Audit Office yesterday, Finance Minister John Dalli applauded the fact that the NAO is undergoing the necessary changes needed for a modern state audit institution

Safer shipping and clean seas
Transport and telecommunications minister Censu Galea argues that safer shipping and cleaner seas is a “culture” he was speaking at a convention held in Malta on Mediterranean Memorandum on port static control at the Radisson


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

Interview with Chris Grech Interview with Edwin Vassallo RICHARD WALLACE DAVID LINDSAY SPEAKS TO BARCLAYS MALTA GROUP REPRESENTATIVE AND GENERAL MANAGER, RICHARD WALLACE, ON ITS NEW INVESTMENT ARM AND HOW IT HAS PROVIDED ITS MALTESE CLIENTS WITH A SEAMLESS SERVICE