Priceclubs turmoil proportionate
to Parmalats financial fiasco
By Julian Manduca
The impact of the collapse of the Priceclub on Malta is probably equal
to or could even be in excess of that of the possible impacts of the
Parmalat scandal, The Malta Financial and Business Times reveals. READ
Leisure industry fears smoking ban will
have negative economic impact
By Kurt Sansone
Malta will be joining Ireland and Norway this year in enforcing a ban
on smoking in public places but the regulations, which come into force
in April have raised eyebrows in the leisure industry with one operator
describing them as "cold turkey." READ
much Maltese money could be lost in Parmalat?
A number of stockbrokers have confirmed that Maltese investors
made investments in the troubled Parmalat, but because of client confidentiality
could not confirm the details.
Up until a few months ago an investment in Parmalat was considered a
wise investment and several stockbrokers advised Maltese to invest in
the dairy giant. READ
chairman rules out redundancies
As the Maltacom Group seeks to invest in innovation in
the coming year it will also be looking closely at its bottom line in
a bid to have a leaner operation. But newly appointed Chairman Sonny
Portelli, yesterday ruled out that a leaner company meant redundancies.
"Like any business we have to look at our cost base. We have to
be efficient and lean.