Advert

Comment

  • Power, prestige and status in business life

    As children we all loved the Hans Christian Andersen tale entitled The Emperor’s New Clothes. This tale tells how the Emperor, tricked by two swindlers, pretended to see what wasn’t there because he was afraid that his prestige would be shuttered...

  • Blowing the whistle on ‘financial fair play’

    It is a common practice for football clubs to pay lucrative wages to the best players to secure the higher places in football competitions. Amid trends of heavy spending by a number of a professional football clubs across Europe, the Union of...

  • Economics of unemployment

    Unemployment figures often make headlines. Indeed this is an economic indicator frequently quoted in the financial and political press. Quite often the same figures are seen as exceptionally positive or particularly negative, depending on the...

  • The dangers of rising populism in European politics

    The coming European Parliament elections are likely to result in a strong performance by populist parties throughout the EU. Populism has been defined as a “political philosophy which focuses on standing up for the rights and positions of the...

  • Reshuffles and the economy

    The restructuring of the team of ministers and parliamentary secretaries was bound to reflect on the managment of the Maltese economy. The whole team relates to it, some members more so than others, some directly and the rest indirectly. The...

  • Compensating victims of anti-competitive conduct

    An EU law which will facilitate the filing of claims for damages by victims of anti-competitive conduct is well on its way to seeing the light of day. With an informal agreement recently reached between Council of Ministers and European Parliament...

  • Raising the standards of ethics and compliance

    With regulators getting tougher on business wrongdoing and a minority of employees tempted to cross ethical lines to meet targets in difficult economic circumstances, ethics and compliance programmes have become prominent on boardroom agendas. How...

  • A strong euro hurts economies in the EU

    Forecasting future trends in financial markets is best left to fortune tellers armed with a crystal ball as professional analysts are continuously proved wrong with their economic predictions. Foreign exchange traders, for instance, just a few...

  • Real meaning of Freedom Day

    In a year replete with important anniversaries, the 35th one of Freedom Day came and went on Monday. As usual it was celebrated mostly as a political event. That it was. But more so it was an economic development, commemorating the day when...

  • Protecting locks on consoles

    Manufacturers use technical ‘locks’ in their console hardware and software to stop console owners running unauthorised software. This is mainly achieved through an encrypted key carried by a game disc. The latter will not run on a console unless...

  • (The much loved) key performance indicators

    Managers love to quote their company or departmental KPIs. I think they feel in control when reeling out KPI statistics. I know accountants love quoting ROCE, WACC or CCC (return on capital employed, weighted average cost of capital and the cash...

  • Challenging times for the Maltese economy

    It is so easy to oversimplify the prospects of the Maltese economy. Many eco-nomists comment that watching GDP growth and unemployment levels is important, but there is more than these statistics to judging the state of health of an economy...

  • Power station has to move on

    The talking – about the gas-fired power station at Deli-mara and the storage of gas required to feed it – is far from over. It will probably never be over. Those who oppose the siting of the project will continue to do so for years, though now...

  • Equality at the workplace a requisite

    Gender discrimination at the place of work is unacceptable, a judgment of the Court of Justice of the European Union recently reaffirmed. The automatic exclusion of a female worker from a training course based on the fact that she took compulsory...

  • And yet more jam?

    In February 2012 we wrote an article (‘Jam today, jam tomorrow’) which really explored the potential of equities as income generators. We made the observation that in 2011 the dividend payout by UK listed companies increased by 26 per cent to £68...

  • Business does not do gratitude

    Twenty-five years ago the then minister of finance told me how the first lesson he learnt in business and politics was that genuine gratitude is indeed a rare virtue. But ordinary people often understand the power of gratitude. It is not all that...

  • Marsaxlokk sailing close

    A successful and timely outcome to the power station and gas feeder project is essential for a number of reasons, all of them obvious. The obvious, however, does not clear the air. That will not happen so long as there is risk attached to the...

  • Seeking redress for IPR infringement

    The internet is global. It knows no borders. That universality means that website content can be viewed from anywhere in the world. Worldwide access exposes website operators and internet publishers to the possibility of being hauled into courts...

  • Business support services: The puzzling lack of uptake

    At a recent BOV conference on Maltese SMEs and the EU budget, Karl Herrera, head of incentives at Malta Enterprise, candidly admitted he didn’t know why the “take up” of services was so disappointing. I would argue that, despite good intentions,...

  • An Irish blueprint for healthcare reform

    Most EU countries are struggling to cope with major structural re­forms that have become both urgent and important for future economic prosperity. Long-term and youth unemployment, underperforming educational systems, as well as increasingly...

Advert
Advert