GRTU issues fish directive at market
The General Retailers and Traders Union (GRTU) has issued a directive
to fish sellers not to buy fresh fish from the main fish market in Valletta.
The directive was ordered in light of the manner in which prices are
being calculated at the market, which, the GRTU insists, is over-inflating
HSBC extends home loan offer
HSBC announced yesterday that its special offer on all new home loans
up to Lm35,000 has been extended till 30 June 2002.
Trade licence process simplified
A consultation exercise that has been going on for the past three years
will bear fruit by the end of April when the process for issuing trade
licences will be delegated to 20 different authorities each adopting
a one-stop shop concept.
Import ban on Chinese food products
Following in the footsteps of the European Commission, which slapped
a food ban on products originating from China, the director for veterinary
services on Monday issued an import ban on products aimed for both human
and animal consumption originating from China.
Broad money expands, narrow money
The Central Bank of Malta reports that broad money, M3, expanded further
in January under the impact of a rise in domestic credit. Broad money,
which is made up of currency in circulation and residents deposits
with the banking system, expanded by Lm17.6 million in January such
that the annual rate of growth of M3 decelerated to 7.7 per cent from
8.4 per cent in December 2001.
World Consumer Rights Day Voices
Joseph Schembri - Director of Information and Client Affairs at the
Consumer and Competition Division speaks of the consumers
right to representation and other related issues, to mark World Consumer
Rights Day next Friday
Joseph Zammit Tabona re-elected FOI
At a recent council meeting Joseph Zammit Tabona was elected
President of the F.O.I. for the third year running.
Arbitration as a dispute resolution
Malta to persevere in bid for fishing
As one travels from East to West the tendency to settle disputes
and to get ones point across in an adversarial and litigious fashion
becomes more pronounced. Indeed, in many a situation, it is even considered
weak to resolve without reference to force.
The government has not given up yet in its bid to get a derogation
from the European Union which would prevent foreign fishermen operating
in Maltese waters, even though a spokesperson for EU commissioner, Gunther
Verheugen, has said that Malta will not get its request.