30 May- 5 June , 2001

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Local News

Biochemical International to set up second plant
A Maltese company, Biochemicals International, is to set up a second manufacturing plant at Kordin shortly.100 new jobs in the offing

Government stands firm in the face of pressure to remove zero rating for food
Government ministers have sent a clear message to the European Union that they are against the implementation, to the last detail, of certain impositions of the acquis communitaire while other European Union member countries continue to impose their own different rates of VAT

Ordinary Revenue up by Lm30.1 million, Government expenditure up Lm8.8m
According to a report issued by the National Statistics Office yesterday, a major increase of Lm8.8 million was registered in Government Expenditure for this year’s first four months. But Government revenue was up by Lm30.1 million or 16.8 per cent.

John Dalli encourages shareholder participation
Speaking yesterday at a Corporate Governance workshop organised by the Institute of Directors and the Malta Financial Services Centre, Finance Minister John Dalli urged the long-term participation of shareholders and employees in the running of Malta’s businesses

Maltese yacht in international regatta
A Maltese yacht, the Maltese Falcon, will later this week be representing Malta in a series of prestigious international offshore regattas in various localities in the Mediterranean

MLP’s bleak forecast
In a recently published document, the Labour Party has undertaken to analyse the state of the Maltese economy.

Australian betting firm considers move to Malta
Following a proposed Australian federal ban on online gambling, a Darwin-based betting firm, International All Sports, is seriously relocating its business to Malta.

PA extends Kalkara valley consultation
The Planning Authority yesterday took heed of requests made by Kalkara residents, environmental NGOs, the local council and the Green Party, and extended the consultation phase over the Kalkara Valley re-planning exercise to the 15 June, 2001


The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07
Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075 | e-mail: editorial@networkpublications.com.mt