BusinessToday Previous Editions


Issue link:

Contents of this Issue


Page 0 of 11

€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%

Articles in this issue

Links on this page

Archives of this issue

view archives of BusinessToday Previous Editions - BUSINESS TODAY 2 March 2023