26 July 2006

The Web
Business Today

Holiday Inn Lm23.3 million sale almost concluded
Matthew Vella
The prospective developer for the former Holiday Inn and Fort Cambridge area is George Muscat, one of the Bay Street Holdings shareholders, whose Lm23.3 million offer for the Fort Cambridge development brief has been confirmed with a letter of intent from the Ministry for Investments.

Low cost negotiations “at critical stage”
As the summer season is slipping by, tourism operators are anxiously awaiting the results of government’s negotiations with low cost airlines on a new set of routes announced late last week. READ MORE >>

Tourism Authority CEO selected
The Malta Tourism Authority may soon get its new chief executive officer in the likes of former Air Malta chief officer strategic planning, Dominic Attard, Business Today can reveal. READ MORE >>

Government should shoulder political responsibility on VOM fiasco – Mangion
As new witnesses were called to testify yesterday evening about the Voice of the Mediterranean (VOM) fiasco, the Chairman of the Parliamentary Accounts Committee Charles Mangion called on the government to “assume political responsibility” for the extravagant spending of public funds at the defunct radio station. READ MORE >>

Smartcity land in new building schemes
James Debono
Living up to the promise of putting the Smartcity project on a fast track, Minister Austin Gatt proposed the inclusion of land in Kalkara, earmarked for the hi-tech village, in the new development schemes during a meeting of the parliamentary committee scrutinising the new boundaries.

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