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THE MALTA FINANCIAL & BUSINESS TIMES

25 SEPTEMBER 2002
ISSUE NO. 255
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Editorial
By Saviour Balzan


German SPD/Green victory is good news for Malta



Search Malta - Gozo and Comino too!






THE ECONOMIC UPDATE

F O C U S
UN ranks Malta fifth in global foreign investment locations
The United Nations has positioned Malta in fifth place among international recipients of foreign direct investment between 1998 and 2000.
In its 2002 World Investment Report released last week by the UN Conference on Trade and Development (UNCTAD), the UN produced a new ranking that compared no less than 140 countries’ share of global foreign investment with its share of gross domestic product for the 1998-2000 period. READ MORE >>

MES positioned for short-term oil price hike
With the prospect of an American and British-led war against Iraq growing more likely, international oil prices are also widely expected to surge to no small extent.
But as the spectre of rising oil prices and the ensuing implications loom, the Economic Services Ministry remains confident that Malta is as well positioned as possible for such a hike.
Speaking to The Malta Financial and Business Times yesterday, a Ministry spokesman commented, "Over the last couple years Enemalta, as well as Air Malta, have been purchasing their fuel requirements on the basis of formulas that link the actual price paid to the average price recorded over the preceding few weeks.
"This has been found to be an effective way to guard against short term fluctuations in the price of fuel." READ MORE >>


INTERVIEW
Redefining the property industry
Dhalia Group Operations Director Andrew Gatt speaks to David Lindsay about the Group’s streamlining and efficiency-generating restructuring process, trends in today’s property market and the Group’s future

OPINION
The economic cost of terrorism
By Brian S. Wesbury - Chief Economist, Griffin, Kubik, Stephens & Thompson, Inc. and former member of the US Joint Economic Congressional Committee


INVESTORS’ CORNER
Money Market Report 16-20 September


NEWS
Unemployment at 5.1%
Fiscal policy and banking sector reform urgent – MLP report on 1990’s credit boom
Malta tops list of EU candidates in money held outside credit institutions
BorzaMed Project for Med. capital markets alliance launched
Baxter inaugurates largest grid connected solar electric system in Malta
MAWB announces Woman Entrepreneurs of the World Award


 

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