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  • 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

    (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

    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

    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

    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

    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

    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

    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...

  • Tough year ahead in public finances

    One of the hardest tasks facing our finance ministers for years has been the structural deficit in the public finances. It has been high and stubborn, thereby contributing to extensive growth of the national debt. For that reason alone, apart from...

  • No exemption for spas from copyright fees

    No exemption for spas from copyright fees

    Spas cannot freely transmit music to their guests without paying royalties to the copyright holders of such musical works, the Court of Justice of the European Union recently affirmed. The EU copyright directive obliges member states to ensure...

  • For a better representation in Europe

    For a better representation in Europe

    The 2014 European elections are around the corner. Come May, European citizens will vote and elect their representatives to sit on the 751-strong legislative body. The MEPs will voice their electorate’s opinions on various new EU laws and policies...

  • The interest rate conundrum

    The interest rate conundrum

    In recent months we heard calls for commercial banks to lower the interest rates they charge on lending. This thread started when at the annual dinner of the Institute of Financial Services – which is the high-profile annual gathering of Malta’s...

  • The way to achieve gender equality in the boardroom

    The way to achieve gender equality in the boardroom

    The gender quota discussion is one that has engendered heated debate for several years now. I personally have mixed feelings regarding the subject but based on my experience as a woman in business for over 15 years I have regretfully come to the...

  • UK economy faring better than expected

    UK economy faring better than expected

    With the UK general election just over a year away, the battle lines are being drawn by the three major political parties. The state of the economy as well as its future prospects will be what will determine who will win the next election in the...

  • Tall order for Enemalta

    Good news does not pour forth regu­larly from Ene­malta Corpora­tion. Rather the opposite. In re­cent months the emphasis seems to have been on corruption and bribery running amok in the entity. Without one investigation being concluded, room for...

  • New EU procurement rules

    New EU procurement rules

    Public procurement is a huge business. Nearly one-fifth of the EU’s €13 trillion gross domestic product consists of the bloc’s public procurement. The EU public procurement rules regulate how public bodies spend public money, through purchases of...

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