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Excelsior Hotel, Slipform sold for
Lm1.77 million
By
David Lindsay
Valletta’s long-idle Excelsior Hotel, the doors of which
have failed to open for business despite successive bids by a line of
investors, was sold this week by the 100 per cent stakeholders, Hong
Kong’s Hopewell Holdings - run by entrepreneur Gordon Wu.
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Employing 8,000 civil servants before
1987 election was a mistake – Attard Montalto
By
Kurt Sansone
The employment of 8,000 workers with the civil service on the
eve of the 1987 election by the then Labour administration has long
been blamed as one of the major contributors to the exorbitant increase
in government expenditure by subsequent Nationalist administrations.
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Maltese-registered
company to sue over lost bid for stake in Hungarian telecoms operator
A Maltese-registered investment banking company intends suing
Hungary’s state owned commercial bank over the sale of its share
in fixed-line telecom operator HTCC Rt, the Hungarian press reported
this week. READ
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