TOP NEWS | Wednesday, 12 August 2009

31 charged over €10m VAT fraud

Karl Stagno-Navarra

Police investigators from the Economic Crimes Unit (ECU) yesterday presented writs of summons in Court against 31 persons, including two women, in connection with the alleged multi-million euro VAT Department fraud. >>

COLA to cost employers €38 million

Maltese ‘bambinella’ on M&S shelves in the UK

Social security bill up 6.7% in six months

ECB keeps rates unchanged

Metropole Hotel sold

12 bids for yacht marina privatisation

Lufthansa includes Malta as ‘Sunshine Ticket’ destination

Ryanair announces new Malta-Leeds route

MTS calls for updated regulations on cabbies and traditional ‘Dghajjes’

Dragonara Casino bidding closes today

Young man charge with misappropriation from gaming company

Issuing €350 million in bonds: the pros and cons

Peaking and Troughing – The Dilemmas of Tourism

Taking on endless possibilities

New Stock Exchange Chairman

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Thriving on change

Retailer and events promoter Desmond Vella decided to venture alone into the world of businesses at a young age. Now 34, he has grown into one of Malta’s biggest retailers. Is he feeling the pinch? Interview by DAVID DARMANIN >>

Economic aestivation
Mid-August in Malta was made for children and holidaymakers. Work, most work, is a brutal ordeal in this weather. Air-conditioning makes things possible for office-workers but the country cannot run on them alone: somebody must haul and deliver goods, somebody must provide services that have to be carried out under the blazing sun. >>

J.G. Vassallo

The Quangos in the Woodpile
The latest official figures show that government expenditure is still peaking up and is running well in excess of revenue. Although total annual revenue shot up from about €1,600 million in the year 2000 to about €2,697 million last year, total government debt escalated from €2,217 million to €3,422million during the same period. And it is still rising merrily.>>



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12 August 2009

Malta Today


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