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News from Malta Low rentals masking real extent of poverty '“ economistPeople paid very low rates for rentals in the past, which could have been masking the true extent of poverty, economist Gordon Cordina has said. Addressing a conference on rents organised by the Malta Institute of Management, he warned that the government should not underestimate the impact of rising rental prices. "The government needs proper data if it is to lead an orderly development of the market. Data will prevent perceptions being formed that may be incorrect. What we need are credible benchmarks of what is really going on," he said. The need for data was also raised by Nationalist Party property market spokeswoman Marthese Portelli. She said policymakers should adopt a strategic approach to prevent bubbles, to maintain positive aspects of the sector and to help the vulnerable With the population forecast to rise to 600,000 within the next 15 years, which Dr Cordina said was at the limit of Malta's capacity, the important thing was to go for quality that would endure once the economy started to level off or slow down. "We need to ensure a prudent investment approach that assumes more realistic settled market prices, which would be sustainable under any economic... More news from MALTA Jersey: the big apple Tennerfest Jersey, the nine-by-five-mile island a hundred miles off the southern coast of England and 15 from the coast of northwest Franc... Iranian marchers chant 'Death to America' on eve of US oil sanctions Thousands of Iranians chanting "Death to America" rallied on Sunday to mark the anniversary of the seizure of the U.S. Embassy ... 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Watch: NBA roundup: Paul, Rockets halt losing skid Chris Paul scored a season-high 32 points, and the Houston Rockets opened a five-game road trip by rallying from a 14-point def... Panama the only appeal case left for judge Mizzi The Panama Papers case is the only remaining appeals case being heard by outgoing judge Antonio Mizzi before his retirement in ... Merkel's conservatives quarrel over party's course German Chancellor Angela Merkel's Christian Democrats (CDU) argued on Sunday over whether they should return to a more conserva... A ground-breaking Tosca The Aurora Opera House wanted to celebrate its 50th anniversary very much alla grande and succeeded in putting on one of the mo... Malta becomes independent Joseph M. Pirotta:Fortress Colony: THE FINAL ACT 1945-64, Vol. IV, 1961-1964, Midsea Books, 1,187 pp., 2018. The MLP-Church d... GWU president on government's payroll The president of the General Workers Union, Victor Carachi, is on the government's payroll as a consultant to a State entity fa... String quartets and church crypts The end of October and the beginning of November have always been considered a darker time than most: Catholicism marks All Sai... Twelve killed in Sicily as storms cause landslides and floods At least 12 people have been killed by severe weather on the island of Sicily, bringing the overall death toll from the storms ... Courtroom drama as five plead guilty, then not guilty, to assaulting Liam Debono Updated 5.05pm Five young men charged with beating and whipping Liam Debono on Friday changed their guilty pleas to not guilt... From Pink October to '˜Moustache Movember' With October closing its doors and opening them to November, it is a time to focus more on men. Movember is an annual event in... Spartans too strong for Qormi QORMI      0 ĦAMRUN SPARTANS    2 Caruana 35 Micallef 69 Ħamrun Spartans broke little sweat to overcome Qormi a... Gżira rescue point at the death PIETA' HOTSPURS 1 Chimezie 85 GÅ»IRA UNITED 1 Jorginho 90 Leaders Gżira United could not overcome the challenge of Pieta Hotsp... Watch: Last-gasp Rashford wins it for United Manchester United substitute Marcus Rashford scored in stoppage time as they came from behind to beat Bournemouth 2-1 away and ... Atletico held at Leganes Atletico Madrid threw away the chance to go top of La Liga by conceding a late equaliser to draw 1-1 away to neighbours Leganes... Funny Girl at Eden Cinemas The critically-acclaimed 1963 musical Funny Girl will be screened at the Eden Cinemas, Paceville, tomorrow at 4.10pm. The semi-biographi... How to keep your pet happy during thunderstorms and fireworks Fireworks are a brilliant way to celebrate special occasions such as New Year's Eve and Guy Fawkes Night, as well as big sporti... Wall chaser incident lands man in hospital A man was rushed to hospital suffering from grievous injuries after an incident involving a wall chaser he was using inside his... 13 new community projects to be funded by the PA The Planning Authority has agreed to fund a number of community projects in 8 localities to the value of over €475,000. The p... |
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