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  • Innovation at the crossroads

    Innovation at the crossroads

    In response to the ongoing impacts of the information revolution, knowledge has become the engine for social and economic growth in advanced and less advanced economies. Building an economy based on knowledge generation and innovation is a...

  • R&D, education and business

    R&D, education and business

    Most business, education and political leaders agree that research and development is crucial to economic growth and job creation. What is less clear is what type of R&D a particular country needs and who should assume responsibility for...

  • Education: keystone to the future

    Education is one of the keystones both of society and the economy. The two are inextricably linked. Well-educated people provide the economy with the human resources that it requires to operate, invest and move forward. It also raises the level of...

  • Community trademarks: pushing the right button

    Community trademarks: pushing the right button

    It is not any mark that a manufacturer places on goods that is capable of being given trademark protection, the General Court of the European Union has recently affirmed. Those marks that lack a distinctive character cannot be registered as a...

  • Malta 2017: what the European presidency means to business

    Malta 2017: what the European presidency means to business

    Preparations for Malta’s presidency of the Council of the European Union are well under way. In 2017, Malta will lead the Council for a six-month period, drawing up the Council’s agenda in accordance with an official pre-set work programme. The...

  • EU directive on trade secrets: an opportunity Malta should not miss

    EU directive on trade secrets: an opportunity Malta should not miss

    Traditionally businesses treat physical assets as their most valuable. Intangible assets are, however, increasingly relevant. This is particularly true of intellectual property. The new challenge for businesses is keeping the ingredients that...

  • Political nightmares are haunting the EU

    Political nightmares are haunting the EU

    Six years after the financial crisis, most economic analysts are cautiously optimistic about the growth prospects of the European Union. Financial markets have already factored in this change of mood despite the fact that unemployment remains...

  • Reason for being of rating agencies

    The major rating agencies have assumed a strong position in the financial world, both in regard to sovereign states as well as to the parastatal and corporate sectors. Their assessments are looked forward to with anticipation by lenders and with...

  • EU probing film, pay-TV licence deals

    EU probing film, pay-TV licence deals

    Watching films through pay-TV services broadcast by satellite or streaming is becoming increasingly common. The system of pay-TV services in the world of movies operates via licensing arrangements entered into between US film studios and...

  • Why should we subsidise public transport?

    Why should we subsidise public transport?

    In one of its technical reports, the European Environment Agency estimates that, across the EU, road transport receives €125 billion in annual subsidies, most of which takes the form of infrastructure subsidies. For many this may not come as a...

  • The wheels on the bus go round and round…

    Far from the familiar nursery rhyme, the short-lived and unsuccessful Arriva story raises many questions and, hopefully, expert analysis can one day enlighten us on the matter. The large number of cars circulating on Malta’s roads is a clear...

  • Tackling cash flow problems: Prevention is better than cure

    Tackling cash flow problems: Prevention is better than cure

    Clichés describing the importance of cash flow in managing a business are numerous. A cash flow problem can easily lead to business failure and a poor cash flow situation can happen to a business with sales bursting through its roof. In Malta, we...

  • Great expectations for our healthcare

    Great expectations for our healthcare

    Most of us take our good health for granted and rarely worry about how to deal with illnesses that sooner or later will affect us all. But when things go wrong with our health, we become very vociferous on our right to good, free healthcare. In...

  • Free healthcare from politics

    The conference on healthcare reform to be held tomorrow by the Chamber of Commerce, Enterprise and Industry is an important initiative in the process of consultation on the sector. It will not lead to any definite development in the near future.

  • Member states’ discretion in issuing Schengen visas

    Member states’ discretion in issuing Schengen visas

    An EU member state may only refuse to issue a Schengen visa on one of the grounds expressly provided for in the EU Visa Code, the Court of Justice of the European Union has recently affirmed. Nonetheless, national authorities enjoy wide discretion...

  • Advertising by lawyers: is ban still relevant?

    Advertising by lawyers: is ban still relevant?

    As a rule, a lawyer, by virtue of him being a lawyer, is not allowed to advertise or other-wise publicise his practice. This rule is reflected in the Code of Ethics for Advocates in Rule 2 which even goes as far as imposing upon lawyers the duty...

  • Minding our business language

    Minding our business language

    Business should be about serving customers and hopefully making a profit in the process. But there are other aspects to business life that some find amusing, while others consider upsetting. As a new debate starts on whether we should be teaching...

  • Strait Street via Skadarska Street

    Efforts to rehabilitate the city of Valletta have been going on for years. Initially they tended to concentrate on restoring the grandeur of the baroque churches. More recently, external embellishments were made. St George’s Square, oppositethe...

  • Commission gets its head in the cloud

    Commission gets its head in the cloud

    Cloud computing is a new model of computing involving a large number of computers connected through a real-time communication network. Instead of using a local server or a personal computer, this network of remote servers hosted on the internet is...

  • Keep it simple: the permanent portfolio

    Keep it simple: the permanent portfolio

    There are few portfolio management approaches that have the simplicity and excellent risk-adjusted returns of the Permanent Portfolio (PP). The PP was developed and championed by Harry Browne, an American investment analyst, author and the...

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