Real Estate & Economic News in Malta from Propertyshowrooms.com

Malta prepares for tough tourism year

Fri, 21 Nov 2008 00:00:00 GMT

The Parliamentary Secretary for Tourism, Mario de Marco, in a frank speech to hoteliers this morning outlined the problems facing tourism and the actions which need to be taken for the industry to at least maintain this year’s arrivals figures...

Lehman Brothers bankruptcy impacts locally

Tue, 16 Sep 2008 00:00:00 GMT

The USA’s fourth largest investment bank, Lehman Brothers filed for bankruptcy on Monday bringing chaos in international markets.

Lehman Brothers had been appointed by the Maltese government as financial advisors for the privatisation of Maltacom a few years ago. Meanwhile BOV said on Monday that it expected a modest impact from the collapse of Lehman Brothers...

Exports drop by €119.7 million in seven months

Wed, 10 Sep 2008 00:00:00 GMT

The visible trade gap widened by €0.9 million in July 2008 when compared to July 2007, the NSO said today. During the first seven months of this year the visible trade gap widened by €57.7 million, to stand at €802.1 million following a...