7 NOVEMBER 2001
ISSUE NO. 210
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Editorial


All eyes on Doha, especially those of the hungry


Search Malta - Gozo and Comino too!





Suppliers call for factoring service
By Miriam Dunn
Suppliers and traders may well decide to push banks to make a factoring service available to them, in the wake of the sensational Price Club supermarket crash

Globe/British American merger set for first half 2002
By David Lindsay
Globe Financial Management yesterday provided further details of its proposed merger with British American Insurance. The agreement would see Globe taking over the gauntlet of British American’s local operations in return for an allocation of shares in Globe. The share transfer is expected to effectively make British American a significant shareholder of Globe

INTERVIEW

Tony Zammit Cutajar
When the Price Club chain of supermarkets crashed, an estimated 200 suppliers were left facing collective debts totalling some Lm8.5 million. Tony Zammit Cutajar, whose company, P. Cutajar and Co. Ltd, was left with the biggest loss it ever incurred during its 135-year history of trading, tells MIRIAM DUNN what he thinks can be done to minimise the chances of such an episode happening again

OPINION

The status of negotiations
Richard Cachia Caruana, Core Negotiating Group Chairman, addressed the 16th meeting of the EU-Malta Joint Parliamentary Committee on Monday. He reviews the current status of Malta’s accession negotiations and discusses the developments expected over the coming months
FOCUS

Muammar Gaddafi: the wise investor
Muammar Gaddafi is known world-wide for being the leader of the Libyan nation, for his subversive ideologies, recently toned down in a bid to relieve the Libyan economy from UN and US sanctions, as well as for his shrewdness and intellect. However, another side to the man was recently detailed by his financial manager, Ali El Huwej. The Malta Financial and Business Times reports on how Malta’s southern neighbour’s financial acumen has been directed at turning a profit for the nation in the face of stiff sanctions
IN THE NEWS

Should development go higher?
Italian businessman requests letter of intent
British Airways Malta route doing well
Vodafone announces new tariffs for contract customers
President on state visit to Germany
CBM reviews Q2, reduces growth rate by 0.7%
Bank of Valletta ranked among world’s best 80 banks
Narrow money doubles to 6%, broad money growth rate at 7.8% in September
Rothschild Asset Management’s multi-manager portfolio and its retail re-branding
BoV board recommends 11c gross dividend payment per share
Malta well-positioned for e-commerce boom


 

 

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



Tony Zammit Cutajar