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THE MALTA FINANCIAL & BUSINESS TIMES

7 AUGUST 2002
ISSUE NO. 248
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Editorial
By Saviour Balzan


A nation under shock

Search Malta - Gozo and Comino too!






THE ECONOMIC UPDATE

Malta and the new economy

F O C U S
Judiciary scandal blow for business and investment
The judiciary scandal sweeping over the islands is not only affecting popular confidence in Malta’s courts of law, but, as is generally the case in such matters, the trickle-down, trans-boundary effect is also expected to take its toll on confidence in many spheres of life.READ MORE >>

Levy removals on food staples to begin next month
By July 2003 levies on a wide spectrum of foodstuffs and staples will have dropped by 30 per cent. This reduction will be staggered and will occur in three stages. The first reduction of ten per cent will take place on 1 September 2002. READ MORE >>


INTERVIEW
Malta’s planning challenge
Marika Azzopardi speaks to Malta Environment and Planning Authority Chairman Andrew Calleja about the duties the newly-formed Authority is tasked with, rent laws, project approval delays and environmental abuse

OPINION
Tourism and the commoditisation of culture

Mario Schembri Wismayer weighs the pros and cons of mass tourism and comes to the conclusion that despite several drawbacks, it does serve to keep certain aspects of our culture alive, which would otherwise inevitably die out.



INVESTORS’ CORNER
Money Market 5-6 August
BoV shares down 11c

NEWS
UK software contract for Maltese company
Seasus Ltd, a leading web and software development company recently signed a contract with Global e-Mobile Ltd, a UK based software company which markets its Usentric online proxy solution to established brands in the retail, financial services and telecoms sectors.

Economic growth expected to continue
In its latest Business Perceptions Survey, the Central Bank of Malta has found that Malta’s business players expect the country’s economic growth to continue recovering over the rest of the year – thanks mainly to a bolstering of export activity from Malta’s manufacturing sector.

Malta third for mobile phone, Internet and PCs in EU applicant countries
Mobile telephony has reached the saturation level of 64 per cent of the population, the National Statistics Office said yesterday.

Gozitans already experiencing Maltese invasion
Although it is still early days, the Maltese are already invading Gozo – one of their favourite holiday destinations.

 

Copyright © Network Publications, Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta, Europe
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | E-mail