THE MALTA FINANCIAL & BUSINESS TIMES  

11 July 2007
ISSUE NO. 494


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Business Today


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EU Council allows adoption of the euro for Malta in 2008
Gerald Fenech
At an ECOFIN meeting in Brussels, the European Council yesterday decided to allow Cyprus and Malta to adopt the euro as their currency, thus enlarging the euro area to 15 member states, as from 1 January 2008.
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Private equity firm acquires Melita Cable plc
GMT Communications Partners (“GMT”), the leading European independent private equity group focused exclusively on the communications sector, has signed an agreement to acquire Melita Cable plc (“Melita”), the leading provider in television, broadband and telephony services in Malta, from Nasdaq listed Liberty Global and the Gasan Group of Companies. READ MORE >>


Tourism players outraged at anchoring of rig in St. Paul’s Bay
Interministerial group has ‘failed miserably’ - MHRA
The decision to anchor a large oil rig in St Paul’s Bay in full view of the shoreline in the peak of the tourist season has provoked outrage amongst the major tourism associations, the Federated Association of Travel and Tourism Agents (FATTA) and the Malta Hotels and Restaurants Association (MHRA).
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New Enemalta CEO expected soon
David Spiteri Gingell, currently heading the Malta Council for Science and Technology is shortly to be appointed CEO at Enemalta, Business Today can reveal. READ MORE >>


 

OPINION
George M. Mangion
Making the world greener
We feel belated solidarity with former US Vice-President Al .Gore congratulating him on keeping his promise to hold Live Earth concerts in favour of a cleaner planet held on seven continents on the date “7/7/7”. READ MORE >>


POINT OF VIEW - Prime Minister Lawrence Gonzi
Increasing ICT awareness in the Mediterranean
The constitution of Euro-MedITI by my Government is one other indication of our determination and commitment to continue to secure trust and understanding READ MORE >>


EDITORIAL
Part time blues
Last week’s revelations that the European Union is now actively considering the introduction of a law where workers who are employed for more than 8 hours per week will be eligible for a pro rata entitlement of leave and other benefits such as bonuses ahs sent warning signals to the business community which are not very rosy. READ MORE >>


Interview
Spearheading ties between nations
Interview with Antonio Russo Dias, Ambassador of Portugal to Malta on improving links between the two countries READ MORE >>


Information Technology
HP retakes No. 1 position in total disk storage systems
HP has reclaimed the No. 1 position in worldwide total disk storage systems revenue from IBM, with 20.1 percent market share, according to market data for the first calendar quarter of 2007 released today by IDC. READ MORE >>

Melita Me : New all-in-one home entertainment packages
On June 27th Melita Cable plc announced the launch of Melita ME – the first triple play bundles (TV, Broadband and fixed-line telephony) to hit the Maltese market. READ MORE >>


MORE NEWS

Lufthansa Technik starts construction for new expansion in Malta

BOV warns customers about fraudulent e-mail notices

CBM releases monetary statistics for May

The Today Public Policy Institute launched

Middlesea holds 26th AGM

Emirates unveils massive investment to set new benchmarks in travel comfort

New executive assistant manager at Le Méridien St Julians

New shuttle service receives warm welcome

Maltese banks to accept euro notes

 

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Editor: Matthew Vella
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