In the wake of Parliamentary Secretary Tony Abela’s declaration that the increase in the fuel surcharge is imminent, a spokesperson for Minister Austin Gatt yesterday told Business Today that a decision on revising the surcharge will be taken following meetings in the Malta Council for Social and Economic Development.
Representatives of the Maltese government will be meeting US Ambassador Molly Bordonaro to set a concrete agreement for a timetable for the revival of the US-Malta double taxation agreement.
Economist Edward Scicluna’s assessment of the pre-budget document presented by government has burst a bubble of perceived ‘resilience’ and ‘success stories’ plied by a Nationalist government which is postponing real economic change.
Owners of buses and minibuses are facing an uphill climb in the wake of the latest fuel price hikes, with public transport bus owners claiming the rise in diesel will mean an extra Lm2.16 per day for every vehicle.
The Preluna Hotel, Malta’s first high-rise development, is one of two hotels opened in the late 1960s which has survived under the same management and ownership right till this day.
In the past three decades US business involvement was lukewarm, to say the least and we do not seem to be on the mass tourism route for the cigar swinging American tourist READ MORE >>