It’s not easy doing business in Malta, says World Bank

Joe Portelli

Oct 28th 2012, 08:34

There are no excuses - to be compared with the level of DR Congo, where 'iron' money does not exists (i.e. coins) id not even a compliment for the poor people in DR Congo who have no choice, even their presidents have been murdered allegedly by their european colonial masters.

In Malta, the problem is Political 'flavours' - everything is full of red tape, so one is reliant of 'friends'.

C Pace

Oct 28th 2012, 07:59

And yet Malta and Gozo have become riddled with high rise buildings, empty property and no clients to buy. Green spaces are non existent and we are a one big filthy town. Imagine what happens if 'obtaining construction permits' was a more plain sailing process!!!!

Bernard Mallia

Oct 28th 2012, 05:47

This is a narrow-scope index which is correct in the narrow outlook that it takes. It can potentially affect (cont.)

Bernard Mallia

Oct 28th 2012, 05:40

(cont. 3) attractiveness to international businesses adversely, a campaign to offset such findings would be recommendable, as well as a thorough upheaval of the institutions that have failed Malta so miserably.

Charles Grixti

Oct 28th 2012, 04:25

The World Bank would have us remove all restrictions and regulations to suit themselves. MEPA is too strict according to their estimates!

Enslavement through debt.

http://www.youtube.com/watch?v=WYCH1Ylncxc&feature=related

Jay Oatmon

Oct 27th 2012, 20:47

And Dr Gonzi has made no attempt to change this sorry state of affairs and 'red tape' from living in the past - it has been no change and 'business as usual'.

M Sciberras

Oct 27th 2012, 18:20

The various stats being quoted in relation to Malta, one of the most business friendly countries in Europe, compiled by organs like the W. Bankare distorted by the lamentable quality of our own stats, commented upon by our own Central Bank governor. The local NSO is the source of much of this data, but the source is often incomplete resulting in interpretation by analysts who know nothing of Malta

victor bonello

Oct 27th 2012, 18:08

The rules are made difficult so that the ordinary man in the street does not have a chance, whilst the hard core developers do whatever they like !

Carmel Ellul

Oct 27th 2012, 17:47

A process called Due Diligence is done to establish the reliability of these companies.
Some countries practice the easy way out , others practice the dirty way out.
The result is the same , next day service.
The long term result , bunkrupt countries by companies that ran away with the cash!!!!
Malta's status is aknowledged by the World Economic Forum.

Victor Vella

Oct 27th 2012, 17:08

Do you know what is easy business in Malta? To get involved with the PN, be a member of an oligarchy, get paid with people`s monies 600€ a week, take a long holiday of 10 months and take other easy monies like a parasite sucking the blood of an oppressed animal lying prostrate on a thorny ground filled with snakes and hungry wolves.

Peter Murray

Oct 27th 2012, 16:49

Everyone knows this but also that it not easy doing business WITH Malta let alone IN Malta

Guido Farrugia

Oct 27th 2012, 15:30

X'mishija. Poor Malta, in the world news for shamefull circumstances.

Angelo Polidano

Oct 27th 2012, 12:27

This is one of the problems in Malta that who matters do not want to admit that we are amongst the third world countries in certain aspects.

Charles W. Sammut

Oct 27th 2012, 12:08

Here is the list of shame so people can see how low we have sunk.

http://www.doingbusiness.org/rankings

Charles W. Sammut

Oct 27th 2012, 12:06

"Dr Azzopardi and Mr Fenech said it was inexplicable how Malta could be put on a par with countries like war-torn Syria and Iraq in the index that dealt with access to finance."

That is because these people live in a bubble, completely detached from reality. Many of them, starting with their leader, have never run a business or held a real job.

Godfrey Camilleri

Oct 27th 2012, 11:55

If it is difficult for foreign countries to obtain construction business in Malta, that it is the way it should be. Similarly, obtaining finance should also be placed under tight scrutiny so this report by the World Bank should be positive from our point of view. Yet being in 17th place versus being in 176th place obviously needs clarification.

Mario Tabone-Vassallo

Oct 27th 2012, 11:37

Il-Bank Dinji jghid prosit lil Gorgja b'qghad ufficjali 15%, lill-Kazakstan b'47% taghhom jghixu b'pagi baxxi hafna [skont il-Gnus Maghquda] jew lil pajjizi bhaz-Zambja, fejn l-ispekulaturi jahtfu l-gid minerarju u jhallsu 10% biss taxxi fuq il-qliegh, waqt li l-haddiema mghakksa b'taxxi ta' 25% u l-industriji zghar ma jsibux min jinvesti fihom. Il-Bank Dinji parti mid-dawra durella ta' tghakkis

john chircop

Oct 27th 2012, 11:19

Well this is no surprise! If you are a dodgy person which is 99% of this population,of course you get this sort of stastistic!People here do not want to be told how things are done properly because it is easier to do things the wrong way and the dodgy way,Simple!Then agaian thats what I have seen and heard with my own eyes and ears.Sorry but thats my honest opinion.

Rachel Borg

Oct 27th 2012, 11:07

I don't see how this analysis is comparable. It's clear that it would be difficult to construct in Malta 1) It's significantly smaller 2) It's an island. I would also add that the pace that certain authorities in Malta 'work' at is despicable and down right absurd, so yeah I'm not surprised, but still find it hard to comprehend the comparability.

Anthony Paris

Oct 27th 2012, 11:03

Never mind. The new Malta Enterprise offices in Guardamangia would rank first in the world for luxury. That is what is most important.

m. borg (slm)

Oct 27th 2012, 10:51

"Dr Azzopardi and Mr Fenech said it was inexplicable how Malta could be put on a par with countries like war-torn Syria and Iraq in the index that dealt with access to finance."

Because you have failed and have been living in LaLa Land for the past 4 years.

Heeeeloooo let someone else take charge you failed miserably and it is time to go.

Salvinu Buttigieg

Oct 27th 2012, 10:44

Not easy doing business in malta -You're not kidding, i have a couple of colleagues back in the UK, who told me the exact as the article so they decided to divert thier buisness proposition/venture to another country that is more lenient and less red tape, yet another capital loss for malta.

william cauchi

Oct 27th 2012, 09:48

If a world authority put Malta on par with the Congo with regards to the rights of cats, we would have taken it as a disappointment. But that the World Bank puts Malta on par with the Congo on such a serious and important subject such as doing business, this shows that this subject needs very urgent, short term, attention.

Everything seems right and shiny till you start making comparisons.