06 June 2007


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Port reforms will substantially reduce costs, Galea announces
Karl Schembri
Port reforms are set to enter the final stage five months beyond the deadline set by Competitiveness Minister Censu Galea, now that licensed dock workers have approved an agreement negotiated between the government and the Malta Dockers’ Union.
Approved unanimously last Thursday, the agreement is expected to be signed next week and the minister promises “substantial reduction in costs”.
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Low cost carriers boosting three-star market – survey
Gerald Fenech
Around 15 percent of passengers to arrive on low cost carriers have opted for two or three star accommodation with the figure rising to as much as 40 per cent for the Italian market, an internal survey report prepared by the Malta, Hotels and Restaurants Association and which is in possession of Malta Today says.
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Insurance claims “relatively low” after freak rainstorm
Charlot Zahra
The amount of insurance claims for damages following Monday’s rainstorm was “relatively low”, Malta Insurance Association (MIA) director-general Anton Felice told BusinessToday yesterday evening.
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