30 JANUARY 2002
ISSUE NO. 221
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Editorial


Scuttling an early retirement scheme
Mr Tony Coleiro is a strange kind of guy. To be honest, without him the world would be rather more boring

A good decision after all
The decision to participate in the convention for restructuring Europe is to be lauded. The Labour party must know that this unique event is not aimed at dismantling the European Union but strengthening it


Search Malta - Gozo and Comino too!





Farsons to downsize fast food outlets
The managing director of Farsons has confirmed that the company is preparing to downsize its operations at its fast food outlets.Louis Farrugia told The Malta Financial and Business Times that its subsidiary company Food Chain, which runs Pizza Hut, Burger King and Kentucky Fried Chicken, will be offering early retirement to workers and tailoring operations at head office.

Delay in pension reform feared
The secretary general of the General Workers’ Union has expressed concern that the discussion on pensions is back to square one following the resignation of Anthony Galdes as Chairmain of the Commission for Welfare Reform.

No links to Italian spare parts
A spokesman for Air Malta, yesterday confirmed that the national airline has never bought any aircraft parts from the fraudulent Italian company Panaviation, laying to rest fears raised by the Italian authorities’ probe into Panaviation’s fake spare parts scandal

Inflation rate hits 39-month high, RPI up slightly
Malta’s rate of inflation, according to statistics released yesterday by the National Statistics Office, continued to rise in December. The figure rose to 2.93 per cent, the highest rate registered since September 1998
MORE NEWS
Mobile telephony tracking you down
Public-private partnerships to characterise e-government projects
Globe/British American complete due diligence
Maltese MP for Global Forum on Food Safety
Ecotourism award founded
Refalo gives 2004 deadline for hotel/catering staff training
Eco-Tourism Committee condemns illegal hunting impact
Visible trade gap shrinks by Lm77.2m
New email worm surfaces in Asia and hits Malta
BoV opens Libyan representative office
ST forecasts weaker Q1 after Q4 steadies
Dockyard workers free to decide on retirement schemes - Tony Coleiro
Maltese Lockerbie witness involved in unfolding scandal

INTERVIEW
When downsizing is necessary
A growing number of companies are being forced to make difficult decisions as they realise the need to increase their competitiveness. At the beginning of what looks to be a difficult year for many businesses, Louis Farrugia tells MIRIAM DUNN how Farsons are tackling this problem

OPINION
The Future of Europe
Prime Minister Eddie Fenech Adami addresses the Mini European Assemby, where he highlights the fact that it is not enough to complement European economic integration with the consolidation of common political institutions, explaining that attention also has to be given to social and cultural issues

 

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