TOP NEWS | Wednesday, 10 June 2009

GDP shrinks by 3.3% in Q1

Karl Stagno-Navarra

Statistics issued yesterday by the National Statistics Office, Eurostat and the Central Bank confirm that the Maltese economy is in clear recession, as the first quarter of 2009 registered a ‘real term’ shrinking of 3.3 per cent in Gross Domestic Product. >>

Tumas Group to launch bond issue tomorrow

Trade Gap widens

Central Bank of Malta Quarterly Review – First Issue 2009

Healthy oceans key to Europe’s future

Malta Enterprise lays plans for second incubation centre

Oil company with operations in Malta announces takeover

Collective agreement for bankers signed

MIDI among preferred bidders for yacht yard

GO Mobile removes time window

Implications of a one per cent threshold

Dockers union president resigns

Best practices of EU funded tourism projects publication launched

Scrap heap challenge

Recent Interviews

    Lionel Lapira    
Chris Grech Michael C. Kamsky Herbert Kaufman
Duncan Barbaro Sant Alfred Farrugia Mario Galea
Cenk Kahraman Joe Gasan Joanna Drake
Jean Cali Joaquim Silva Pinto Herbert Skok
Helga Ellul Tonio Fenech Dr Firas Abouzaki
Joe Grima Ernest-Antoine Selliere Louise Stanton
Clayton J. Zammit David Calleja Urry Mario Balzan Demajo
Marco Frik George Bonello Dupuis Michael Pace Ross
Lisa Grech Tonio Depasquale Joe Grech


Business heavyweight goes public

Within forty years, Tumas Group Chairman George Fenech moved on from being a furniture importer in the 1970s, to tourism mogul in the 1980s to business emperor today. His business interests are growing larger than what local banks can fund, leading to him becoming increasingly interested in public financing. Interview by DAVID DARMANIN >>

Spreading influence
The election may have been a distraction but it also was an opportunity. In the event, it was a lost opportunity. Congratulations are due to Labour for an overwhelming victory but this was not just a sporting event, nor does it have any real significance for the exercise of power in Malta. >>

George M. Mangion

The aftermath of EP elections
Amid the furore of the EP election results, one may be excused to notice how the day-to-day problems of smaller enterprises may be ignored. Yes, the electorate is either celebrating the results or simply acting nonchalant now that the smiling faces of candidates are no longer gracing our screens in the privacy of our homes and bars. >>



Download the front page of Business Today in PDF format

10 June 2009

Malta Today


Collaborating partners:


Copyright © MediaToday Co. Ltd, Vjal ir-Rihan, San Gwann SGN 07, Malta, Europe Tel. ++356 21382741, Fax: ++356 21385075
Managing Editor: Saviour Balzan