Transport Minister rules out licence limit on VRT operators
The government is aware of the problems that VRT operators are facing and has set up the necessary infrastructure to examine the difficulties they are experiencing, but is reluctant to interfere with the number of businesses operating since this goes against the principle of the free market

EU confirms Malta will not be a net contributor to EU budget
EU Budget Commissioner Michaele Schreyer confirmed that the EU Commisssion is proposing to the EU Council that Malta, like other prospective EU candidate countries, should definitely not become a net contributor to the EU budget for the first few years, implying that Malta will not lose out financially from EU accession

Malta’s Stolper Report architect dies at 89
Renowned economist Prof. Wolfgang F. Stolper, whose recommendations saw the post-independence establishment of the Central Bank of Malta, passed away last week at the age of 89 in Ann Arbor Michigan where he lived and lectured.

Gasan, Grech retain Plaza Centres directorship
Responding to last week’s Malta Financial and Business Times story on the sale of Plaza Centres shares by Gee Five Ltd to Middle Sea Life Assurance Ltd, Plaza Centres Chief Executive Julian Zammit confirmed that both MSV’s Mario C. Grech and Gee Five’s Joe Gasan are both to remain on as Plaza Centres directors.

go mobile WAP usage doubles
The usage of Wireless Access Protocol (WAP) by go mobile clients has doubled over the past six weeks, with thousands of go mobile users benefiting from the reduction on WAP tariffs that the wireless operator had announced back in February. The offer, which has seen WAP tariffs being cut by 50 per cent all day long is still valid and is set to be extended further