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Over the last ten years, some of the 16,000 companies that, can be defined  as actively trading, have managed to  generate commercial  executive defaults totalling well over Eur351 million - a figure, which is increasing daily and which that does not include all types of defaults.  

Although the Priceclub debacle of 2001 should have been a hard-learned lesson for many and eye-opener for the future, credulous businessmen still appear to be easy prey for fast and sweet talking ‘entrepreneurs' who manage to persuade them to let go of their hard-earned cash denting heavily the cash flow of their companies/business activities, which in some cases, may even result in bankruptcy. In the last few weeks, newspapers have reported a quasi-Priceclub scenario - if businessmen who were bitten then have again fallen prey, they have not learnt their lessons well.

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 GRTU Deputy President Philip Fenech has this week met with the Director of the Cleansing Directorate Ramon Deguara and stakeholders from Bugibba and the St. Julians area to discuss the progress on the cleansing of tourism zones after the peak summer season.

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 Green MT has recently held its 4th consecutive Council Awards. The event was held at a leading hotel in St. Julians. The attendance of a substantial number of mayors and executive secretaries together with Green MT's leading producer member was welcomed for the evening.

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 The Occupational Health and Safety Authority (OHSA-MT) in collaboration with the European Agency for Safety and Health at Work (EU-OHSA), has last week organized a seminar on Active Ageing and Occupational Health and Safety.The Seminar delved into areas pertaining to active ageing and management of occupational health and safety and provided insights and practical measures to address occupational health and safety matters in respect to ageing workforce.

Amongst the speakers were Hon Dr Helena Dalli, Hon Dr Justine Caruana, Hon Dr Deo Debattista and Dr Mark Gauci. Other speeches were delivered by key-position holders. The seminar also included interventions from Social Partners.

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 GRTU President Paul Abela, Deputy President Philip Fenech and CEO Abigail Psaila Mamo have this week met Hon Edward Zammit Lewis, Minister for Tourism to discuss its tourism related priorities for Budget 2015.

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