€1.50
THURSDAY 2 MARCH 2023 • ISSUE 195
WWW.BUSINESSTODAY.COM.MT
PAGE 5 PAGE 3
PAGE 4
MHRA, operators at
odds on recovery rate
of conferences sector
January sees 2.3%
rise in industrial
producer price
indices
Toyota is Malta's
favourite car
brand for fifth
year running
PAUL COCKS
MALTA has no plan for the confer-
ence and events sector and operators
have been left to flounder amid rising
costs, lower tourist numbers and an
revitalised competition abroad, Busi-
nessToday has learnt.
Operators in the industry, speaking
on condition of anonymity, said that
the government failed to prepare a
strategy for the industry's post-pan-
demic recovery.
"The sector today has been overtak-
en by numerous other destinations,
because the government's tourism
strategy has once again reverted to
attracting mass holiday makers, who
hardly spend money here, rather than
attracting high-spending tourists,"
one source said.
However, Tony Zahra, president
of the Malta Hotels and Restaurants
Association, insists the industry has
performed better than expected this
past winter and is on the road to re-
covery.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 1 Mar 2023
Number of Trades: 132
Turnover: €996,650.02
MSE TRX Index: 7,576.51
Change: 0.013%
Name: 5.25% MIH 2027
MT0000371303
- Currency €
Last Traded: 1 Mar 2023
Price 102.250
Change +2.250
US Dollar 1.0388
British Pound: 0.86477
Japanese Yen: 144.59
Australian Dollar: 1.5451
Swiss Franc: 0.98700
7,587.67
75.67
7,592.39 / 7,512.00
Value
Net variation
High / Low
+1.01%
