MBR ISSUE 25 - low res all


Issue 25 – November 2016


cover story

Course to Leadership

Interview with Nick Dobrovolskiy,

co-founder and Vice-President of





US Elections: What Next?

Martin Schulz, President of the EP reflects on the EU-US relations

Is Digital Mapping the New Media?

Sybille Lammes on her ERC-funded research about digital mapping


COST : Growing Ideas Through Research &

Innovation Networks

Prof Janet Mifsud, national co-ordinator (CNC and CSO) for COST

(European Cooperation in Science and Technology), for the MCST

Newspaper Post

Malta Business Review






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Malta Business Review



Malta Business Review

Issue 25 – November 2016






Interview with Nick Dobrovolskiy,

co-founder and Vice-President of



MBR Publications Limited


Martin Vella

teChniCaL advisor

Marcelle D’Argy Smith

saLes direCtor

Margaret Brincat


Jacqueline Muscat, Gyorgy Vertes


Call: 9940 6743 or 9926 0163/4/6;

Email: margaret@mbrpublications.net

or admin@mbrpublications.net


Frédéric Amant; Alison Bezzina; Antoine

Bonello; George Carol; Reza Degathi;

Jean Paul Demajo; Sybille Lammes; Janet

Mifsud; MITA; Malcolm J Naudi; Martin

Schulz; Jasmine Solana; Paul Ricci; James

Vella Clark;

special thanks

European Parliament; EP/EU Newsroom/

External Relations/Press; DOI; HSBC;

Inspire; LinkedIn; National Audit Office;


Print ProduCtion



Highland Apartment - Level 1,

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+356 2149 7814

quote of the month


Martin Schulz, President of the EP reflects on the EU-US relations


Sybille Lammes on her ERC-funded research about digital mapping




Prof Janet Mifsud, national co-ordinator (CNC and CSO) for COST

(European Cooperation in Science and Technology), for the MCST

Newspaper Post

“Without passion, you don’t have

any energy, and without energy,

you simply have nothing”

Donald Trump, CEO of the Trump

Organization and President-elect

of the USA



6 Course to Leadership

Interview with Nick Dobrovolskiy, co-founder and Vice-President of Parallels,

a global leader in the IT industry


10 The Fourth Industrial Revolution

Paul Ricci discusses the impact of a fusion of technology on construction and

built environment

12 US Elections: What Next?


Martin Schulz, President of the European Parliament, reflections on why EU-US

relations are a key component of global stability.

16 Climate Change and the Environment

Exceptional article by Tina Ohliger, who tells us why tackling climate change

is a key item on the EU’s environmental


18 “We are not very sure what exactly Trump’s

foreign policy” “agenda is”


Interview with German EPP member David McAllister, chair of

Parliament’sdelegation for relations with the United States


26 Is Digital Mapping the New Media?

Sybille Lammes on her ERC-funded research, which focuses on digital mapping



your perfect atmosphere



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and International Law. No person, organisation, other publisher or

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is sourced from the website, magazine or related product without

first obtaining the publisher’s consent. The opinions expressed in the

Malta Business Review are those of the authors or contributors, and

are not necessarily those of the editor or publisher.


Malta Business Review


27 A Standard Cancer Care for Pregnant



Dr Frédéric Amant talks about his cutting-edge research in developing

a standard, integrated approach for cancer care for pregnant women


30 COST: Growing Ideas Through

Research & Innovation Networks

Prof Janet Mifusd, national co-ordinator (CNC and CSO) for

COST (European Cooperation in Science and Technology), for

the MCST, explains why COST is the solution to how does one get

involved in an EU project

38 The Employer Branding Tour – Tipico


Thomas Mahoney Tipico’s case study about a career brand is

known to be a pioneer within the online gaming sphere


40 A Multidimensional experience in

Malta, launched during SiGMA…

BtoBet, a pioneer in new technologies for iGaming operators and

the betting industry, take us through their latest product addition

– The multidimensional Omnichannel


42 new momentum and platform to

rebuild trust in the EU Project

We bring you the latest news regarding the Malta EU Pre-

Presidency Conference

44 MITA engages ISL for Skillsoft®


Information Systems Limited engaged by MITA to provide Skillsoft’s

eLearning programmes in Project Management, IT and technical skills

48 Values for Humanity

Unique tribute by world-famous photographer Reza commemorating

António Guterrez’s accession as UN Secretary General



As Christmas begins to approach this

season the serious issue of money

in our society becomes highlighted

as everyone scrambles to spend

hundreds of euros on gifts. One

of the best movie representations

of our society during Christmas is

The Grinch. The people of Whoville

believed that it was vital to have the

biggest, most expensive accessories

along with the most decorations and

the most elaborate gifts under the

tree. The citizens of Whoville were

so succumbed by the mind-set that

money would buy them everything.

The mayor even tried to buy a woman

into marrying him through giving her a

triple diamond ring and a car, and was convinced that these gifts would

guarantee him a yes to his proposal. Unfortunately, when the Grinch tried

to point out the flaws in their materialistic views, he was ostracized for

his efforts.

It is easy to see how ridiculous a society like this would be, but what we

do not realise is that we have become that society! Maltese have become

very materialistic and have such a short-sighted view on values in life

because our main priorities have been focused on striving for wealth and

success. Some of us indeed live beyond their means. Though wealth and

success are very good things to strive for, we must limit ourselves to the

amount of wealth we wish to obtain. What many of us don’t realise is that

money has become a big issue in our society, indeed the root of all evil!

Over the last couple of years, the issue of corruption--the abuse of public

office for private gain--has become a chronic issue, There are a number

of reasons why bribery has come under the microscope. Corruption

scandals have toppled governments in both major industrial countries

and developing countries. Apparently, it is not the case in Malta!

Former Panamanian advisor Joseph E. Stiglitz, Nobel Memorial Prize in

Economics, who chairs The Committee of Inquiry into Money Laundering,

Tax Avoidance and Tax Evasion- PANA Committee of Inquiry to investigate

alleged contraventions and maladministration in the application of Union

law in relation to money laundering, tax avoidance and tax evasion, insists

on “Zero tolerance against tax secrecy.”

When it comes to corruption in politics, no one is immune. Part of the

problem in these corruption scandals involves the ability of interest

groups to determine policy. Political corruption is a serious problem

limiting development in emerging economies. Many scholars have

identified corruption as the new enemy of democracy, blaming it for

limiting political and socio-economic development.

Although no one can really measure “corruption” due to its discrete

nature and the different discourses defining it, citizen’s perception of

corruption can give us an idea of its direction, and regrettably in Malta,

we have still a long way to go in this direction. People have grown an

insatiable appetite for money in them and they can go to any extent to

get money. Undoubtedly they talk of morality and the importance of

value-based life but that is for outer show. Their inner voice is something


It is always crying for money. It has been seen the officers who are

deputed to look into the matters of corruption turn out to be corrupt.

Our leaders too are not less corrupt. Thus the network of corruption goes

on as usual and remains undeterred.

Though it is very difficult to control corruption, it is not impossible. It is not

only the responsibility of the government but ours too. We can eliminate

corruption if there will be joint effort. We must have some high principles

to follow so that we may be models for the coming generation. Let us take

a view to create an atmosphere free from corruption. That will be our

highest achievement as human beings.



Martin Vella

Malta Business Review’s editorial opinions are decided by its Editor,

and besides reflecting the Editor’s opinion, are written to represent a

fair and impartial representation of facts, events and provide a correct

analysis of local and international news.

Agents for:



Malta Business Review


Course to Leadership

By Martin Vella

MBR met with Nick Dobrovolskiy, a co-founder and Vice-President of Parallels, a global leader in the IT industry who operates in

Malta, providing desktop and application visualization and remote access across desktops and mobile devices along with technology

management solutions.

MBR: Can you tell us what is your current

enterprise structure strategy and

objectives and how will your software

technology integrate together?

Personal Brief

Nick Dobrovolskiy is a co-founder and Vice-President of Parallels. Since the company’s

founding, he is playing a key role in the development and launch of Parallels Desktop for

Mac, the world’s first software that give Mac users run macOS and Windows applications

at the same time. Nick has more than fifteen years of experience in virtualization

systems development and leading the Research and Development division of Parallels,

overseeing more than 200 staff members. Nick Dobrodolskiy graduated the Moscow

State Institute of Radio Engineering Electronics and Automation. In 2010, he studied

at Harvard Business School. In 2012, he graduated from Foundation and Leadership

program of Yale University.

MBR: As many of our readers may not be

familiar with Parallels, can you tell us a

little about the company?

ND: We are an international software

company, a global leader in cross-platform

solutions. Our most famous product is

Parallels Desktop for Mac. This is simply

the world’s bestselling, top-rated, and

most trusted solution for running Windows

applications on your Mac without

rebooting. For business users, we have a

great corporate solution for remote access

- Parallels Remote Application Server, and a

system for managing Macs in a Windowsbased

environment - Parallels Mac

Management. Parallels makes convenient

software for running and accessing the

applications and files our customers need

on any device or operating system. We

help customers take advantage of the

best technologies out there, whether it’s

Windows, Mac, iOS, Android or the cloud.

Parallels solves complex engineering and

user experience problems by making it

simple and cost-effective for businesses and

individual customers to use applications

wherever they may be local, remote, in the

private datacenter or in the cloud.

ND: Our main Strategic focus right

now is our Remote Application Server

which is a remote access solution from

various computers and mobile devices

to Windows applications running on

servers in datacenters or in the cloud

under administrators’ control. We

have clients for Windows, Mac, Linux

computers, iOS and Android phones

and tablets and web browsers. Recently

we added a great mobile experience

for desktop applications accessed from

mobile devices. That is a revolutionary

technology we’ve been developing for 4

years in our consumer oriented remote

access product Parallels Access. As an

example there are many sites that require

Internet Explorer and you can have it on

your iPhone, iPad or Android phone or

tablet. It runs in a datacenter, but you

see and work with it on your mobile

device. Also we see that more and more

businesses want to become mobile, so

for example there are Real Estate Agents,

who want to have access to databases

and work with their desktop applications

directly from their iPads while showing

available properties to their clients.

Remote Application Server was founded

in Malta and we continue to develop the

most important parts of it in our R&D

center here in Sliema.


Director of Engineering

- Parallels gives me

the opportunity to

continue developing

innovative solutions

which make businesses

more productive. Apart

from the geeky technical

challenges Parallels has a

great team to work with!



Malta Business Review


Project manager at


- Parallels for me is a

company that gives great

opportunities to technical


Together, we have

managed to develop hightech

products that are used by both enterprises

and consumers all over the world, with great

plans for the future.

MBR: Can you Highlights three reasons

why Parallels is a global company on the


ND: We are Global company in all aspects,

from R&D to Sales and Marketing. Parallels

has development centers in Malta, Estonia

and Russia. We have our Sales and

Marketing offices worldwide. Therefore,

we are present in America, in Europe

and Asia. We have ten corporate offices

worldwide and we sell to customers in all

markets. You can find Parallels Desktop

in any Apple store, in any country in the

World. We have thousands of businesses

partners, resellers and distributors in

all countries. And that makes us a really

global Company.

MBR: When you say thousands of

Companies are your customers can you

briefly explain what you mean?

ND: Parallels has got more than five

thousand different corporate customers

worldwide, including big ones like Intel,

Google, BMW, Sony, CNN, Apple, Microsoft

and many others, who use our products in

various areas for their business objectives,

and to run their business.

MBR: What are the main benefits for

the customers using Parallels Business

solutions, and could you please tell us

about the value proposition that you

provide to your clients.

ND: We can see four benefits which

customers get from using Parallels Remote

Application Server. Firstly, all applications

run in a datacenter and under the

administrators control, which is convenient

and incurs much lower maintenance cost,

since it is very easy for the administrator to

see how everything is running, easily help

his users, and quickly and automatically

install updates to their software, to their

operating systems, services and so on.

Secondly, it is obviously better security

because the application itself and all

the data remain in the datacenter and

doesn’t go anywhere.

Thirdly, the application is permanently

running and is always available. Let’s

say you forgot your notebook, but you

have your iPad with you. With Remote

Application Server you can work with

the same application from both of them.

Imagine you start doing some document

in that software on your computer then

switch to your iPad and continue exactly

at the same place where you stopped.

You just continue typing and filling in that

document, no interruption.

Obviously, the main thing is that it allows

to greatly reduce cost because we have

quite an attractive pricing in the area and

you even don’t need to buy expensive

PCs for your employees In addition to

enabling you to save on maintenance

and administration. It is a much more

cost effective solution. Also, our software

is very simple and easy to use therefore

corporate users won’t spend a lot of

money for Education and Certification of

their employees.

taking on an opportunity

and expand our presence in

an enterprise will be a next

step in our evolution

MBR: What are the latest trends in your

area of industry, and can you share the

insights on the new ways that Parallels is

looking to engage with your customers

and what challenges you face.

ND: I think that key trends for many

users and developers today there are

virtualization, remote access and mobility.

Our products not only allow you to perform

well on an idea but to combine all the

best things from all those areas in new

solutions. For example, Parallels Remote

Application Server or Parallels Access or

Parallels Toolbox were created together

with our customers. We carefully listen to

their feedback and make features which

our users needed. Sounds easy but not

everybody can do it. We do it. We have a

very strong team of great professionals to

make it happen and work with the best

universities to continue to strengthen our

organization with the best young talents.

MBR: You are participating in Malta’s

Best in Business Awards 2016. There is

a very strong competitive field. What

has prompted you to take part in such

a prestigious Award and what are your


ND: We are an innovative and ambitious

Company. I think that our Maltese team


Marketing director at


- Parallels is an exciting

environment that allows

us to experiment and test

out the latest innovations

in both technology and

marketing techniques.

is really strong. For example, Remote

Application Server was created in Malta.

It was a local product for regional users

mostly. We went serious way and today

this software is sold Worldwide. It is quite

popular and it actually competes with the

leaders of the Industry. There are actually

two big ones: Citrix and VMware. Those

are gigantic Companies and we successfully

compete with them, win deals and our

SMB customers are much happier with our

solutions when they could have from those.

That’s why we think that we have a great

chance to show Parallels to corporate users,

to say that Company is available and working

Worldwide and successfully competes with

leaders in the Industry and even beats them

in SMB area.

MBR: What plans do you have for

Development of the solutions you provide?

What vision for function or growth do you

foresee for Parallels in the near Future?

ND: Of course, as I told you, we are competing

with the leaders in the industry and we want

to become a leader in the remote access area

for small and medium-sized businesses and

expand our enterprise reach. We think that

this is a clear area where we can become a

strong global leader in this industry and this

is our goal for the next couple of years. This

is what we are doing right now. We evaluate

and see that taking on an opportunity and

expand our presence in an enterprise will be

the next step in our evolution. As a medium

enterprise, we are doing a very good job: we

have clear roadmaps where we need to go

and what we need to do in our product, we

listen to our customers very carefully and

know that we’re on the right path and we

have a great team to execute our plan. MBR

All Rights Reserved/ Copyright 2016


Director of Sales EMEA at


- Parallels for me is a young

and dynamic international

company, which allows

us to be creative in our

approach in servicing

enterprise customers

and partners around

the globe with innovative virtualization and

cloud solutions. In a time where everyone is

connected anywhere and any-time, Parallels

forms an integral part of our lifestyle.



Malta Business Review


Beneficial company owners register vital

to combat money laundering, experts say

By Special Correspondent

The EU needs a European

register of beneficial owners of

companies, consistent definition

- and handling - of suspicious

transactions and enforced

transnational cooperation like

the US Financial Investigation

Unit, experts on anti-money

laundering enforcement in

Belgium and Germany told

Parliament’s Panama Papers

Inquiry Committee on Monday.

Money laundering is not a fiscal issue,

but a criminal one, MEPs were told by

Philippe de Koster of the Belgian Financial

Intelligence Unit, an independent

administrative authority involved in

the fight against money laundering and

terrorist financing. There is always a

crime behind money laundering and tax

evasion, and under Belgium’s penal code,

money laundering is considered as bad as

the underlying crime, he said, calling for

similar standards under EU law.

Knowing bank accounts are

traceable would have a powerful

deterrent effect on individuals

using them to pay bribes

He also made a plea for greater

coordination among Europe’s financial

intelligence Units. “We don’t need

much money, but we do need the

courage to sit together and deal with

what’s coming at us...like brothers-inarms,”

said Mr de Koster.

Giovanni Kessler, Director-General of the

European Anti-Fraud Office (OLAF) called

for a standardised, interconnected, easyto-use

registry of national bank accounts

which would be available to all EU

enforcement agencies.

“Knowing bank accounts are traceable

would have a powerful deterrent effect

on individuals using them to pay bribes.

Traceability would also increase detection

rates of fraudulent activities and increase

the possibility of control, “ said Mr Kessler.

MEPs also heard about the links between

companies set up by Mossack Fonseca

-- the law firm at the heart of the scandal

-- and Russian-speaking crime groups,

extremist Islamic terrorist groups and

illegal immigration.

“The main point here is that we can link

companies from the Panama Papers leaks

not only with economic crimes, like money

laundering or VAT carousels, but also with

terrorism and Russian organised crime

groups, said Simon Riondet of Europol, the

EU’s enforcement agency against terrorism

and serious international crime.

Klaus Meyer-Cabri, German member of

EUROJUST, the EU agency dealing with

judicial cooperation in criminal matters, said

there had been a steady rise in the number

of money laundering cases in recent years,

but that the release of the Panama Papers

had provided the first-ever opportunity for


national tax authorities to talk to each other.

He described the impact on the agency’s

resources, saying that whereas a normal

coordination meeting of his organisation

cost €8,000 euro, a 28-strong meeting on

the Panama Papers cost €60,000.

Norbert Naulin, head of a North Rhine

Westphalia special investigation unit set

up to fight organised crime and tax fraud,

defended its decision to buy information

from an anonymous source on German

banks and beneficial owners named

in the Panama Papers by saying that

international criminal systems could only

be revealed by someone with insider

knowledge. “No-one wakes up in the

morning and decides to explain how it

runs for altruistic reasons,” he said

The hearings will continue on Wednesday

when the committee will hear from

Nobel-winning economist, Joseph Stiglitz,

who resigned as an advisor to the

Panamanian government in August

in protest at its refusal to guarantee

publication of his findings. MBR

Creditline: Hyun-Sung KHANG; EU Parliament/

PANA Press; REF. : 20161114IPR51018

Panama National Inquiry Committee: debate in committee with Joseph Stiglitz

Joseph E. Stiglitz, Nobel Memorial Prize in Economics - PANA Committee of 16 November

2016. The Committee of Inquiry into Money Laundering, Tax Avoidance and

Tax Evasion commenced holding a meeting with Professor Joseph Stiglitz, Nobel

Memorial Prize in Economics, on 16.11.16. Professor Stiglitz was appointed by

the Panamanian government as expert to the National Inquiry Committee on

the Panama Papers. The Committee started hearing the Professor’s experience

following his resignation a few months after his assignment.


The origins of the internet go back to

ARPANET, developed in the 60s. Global

interconnectivity now powers innovation

everywhere in our lives.


The InnovFin SME Guarantee is a scheme run by the EIF, through which SMEs

from eligible business sectors can benefit from lower cost finance, on the basis of

a 50% loan guarantee. Facilties range between €25,000 and €2.4 million.

The scheme is locally managed by APS Bank.

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Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help

support financing and implementing productive investments in the European Union and to ensure increased access to financing.

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Malta Business Review


The fourth industrial revolution approaches

By Paul Ricci

First it was steam and water,

then mass production and

electricity, then computers.

Now we stand on the brink of

what many term the fourth

industrial revolution, or

industry 4.0. This new wave of

technology is characterised by

a fusion of technologies that

is blurring the lines between

the physical, digital, and

biological spheres – into a vast

connected system of complex

and dynamic interaction:

from a room, to a building, a

street, to a city, country and

ultimately globally.

But what impact will this have on

construction and the built environment?

Well firstly, let’s try and broadly define

what the fourth industrial revolution

actually is. It is the idea of smart factories in

which machines are augmented with web

connectivity and connected to a system

that can visualize the entire production

chain and make decisions on its own. So

interconnectivity is at the forefront and

consequently, the possibilities created by

billions of people connected by mobile

devices, with unprecedented processing

power, storage capacity, and access to

knowledge, are infinite.

So how does this mind blowing concept

apply to the construction world? The

impact of the fourth industrial revolution

on the operation of this industry will be

both disruptive and profound. As ever

when new technologies emerge, new

jobs and businesses are created, and it is

very likely new design professionals and

organisations will emerge – enhancing and

empowering buildings and infrastructure

as integral elements of a holistic connected


All these new technologies will have

a direct impact on our buildings and

infrastructure. What we know today as

smart buildings and smart cities in the

third industrial revolution will become

the autonomous building and intelligent

city in the fourth. However, a word of

caution. It is very easy to get carried away

with thoughts of technologies combining

the physical and digital world, making our

lives easier, businesses more efficient

and potentially changing the world. All

that is great, but if Governments don’t

regulate these technologies properly,

the security risk is high, with personal

information potentially being easier

than ever to access.

So we stand on the precipice of a

potential technological revolution that will

fundamentally alter the way we live, work,

and relate to one another. It is impossible

to know how it will unfold but one thing is

for sure: hold tight, it’s coming.

How do you think the 4th industrial

revolution will shape our future? MBR

Paul Ricci is the Editorial Account Manager with LinkedIn


Malta Business Review



Malta Business Review


US elections: what next?

By Martin Schulz


The #US electorate has spoken. The victory

of Donald Trump is unequivocal and must

be respected. I congratulate him and the

Republican Party on their victory.

Mr Trump has managed to become the

standard-bearer of the angst and fears

of millions of Americans. Those concerns

must now be addressed with credible

policies and proposals.

This campaign will not be remembered as

America’s finest. Vitriol and polarisation

have fuelled this electoral contest.

President Trump will have the daunting

task of bringing together a divided nation.

Most questions concerning the external

outlook of the future Trump presidency

are yet to be answered. From Syria to

Iraq, from Ukraine to Libya, Trump’s role in

diplomacy and deal-making will be tested

from day-one and will require the right mix

of responsibility, restraint and leadership.

Global politics requires the continuous

engagement of the US to make the world

a better place to leave to our children.

From the fight against global warming

to its commitment to NATO, the world

awaits and hopes for an outward-looking

presidency aiming at shaping international

relations and upholding the values of

freedom and democracy.

The #EU is the largest trading partner of

the US. Together, our economies account

for more than 40% of the entire world

GDP and for nearly a third of world trade

flows. Our partnership goes from the

fight against terrorism to scientific and

academic exchanges. EU-US relations are

a key component of global stability. The EU

is committed to maintain this relationship.

We hope the same holds true for the

future US President. MBR


The European Parliament is the only

directly-elected EU body. Members of

the Parliament represent the 500 million

European citizens. As President of the

European Parliament, I do the utmost

to represent the interests of the citizens

of Europe, bringing to the fore the big

European issues which are dear to them.

My objective is to make the work of the

European Parliament more accountable,

visible, transparent and effective.

Members of the European Parliament

make decisions which affect the daily life

of the citizens: from economic governance

and banking supervision to legislation

helping to increase the quality of the air

they breathe, the food they eat, the water

they drink. I also represent the Parliament

externally with third countries and in

key negotiations with other institutions

and Member States such as on the longterm

budget of the European Union. The

European Parliament is the co-legislator

for most of Europe’s laws. It is a place

where people from 27 Member States

(28, as from 1 July 2013 with the entry

of Croatia) come together to disagree,

a place where political ideas and ideals

meet, sometimes to clash, sometimes

to be reconciled. Alliances are formed,

deals are struck, compromises made, in

other words, it’s the usual business of

democratic politics.



Martin Schulz is the President of the European Parliament. Previous

Political Affiliations: Group of the Progressive Alliance of Socialists &

Democrats in the European Parliament, Socialist Group, Town Hall







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Malta Business Review



launches new

CSR Campaign

focusing on

Maltese Proverbs

The innovative, creative and engaging concept adopted by FIMBank for “X’jgħid il-Malti?”,

manages to communicate the meaning of such proverbs effectively, arousing the interest of

both children and adult audiences.

As part of its Corporate Social Responsibility initiatives,

FIMBank plc has launched a series of short video clips which

focus on Maltese proverbs and their meanings. The campaign

“X’jgħid il-Malti?”, follows on last year’s highly rated series

“Kelma Kuljum”, which had kicked off FIMBank’s efforts to

generate a greater appreciation of the Maltese language. This

is the third consecutive year in which FIMBank has produced a

campaign in relation to Malta’s heritage.

highlighting the linguistic wealth of the Maltese language.

Indeed, the success and viewer engagement associated

with the latter campaign, clearly demonstrated the strong

interest the Maltese have in their language, making “X’jgħid

il-Malti?” an ideal continuation for 2016-2017”, commented

Murali Subramanian, Chief Executive Officer, FIMBank plc. The

campaign consists of a number of spots, each focusing on a

different proverb. These video clips are due to appear seven

times daily on TVM and TVM 2, throughout the rest of 2016

and through 2017 and will also be posted on the Bank’s social

media channels. MBR

For more information about FIMBank plc, visit www.fimbank.com

The “X’jgħid il-Malti?” video clips adopt a playful tone where

viewers have a few seconds to figure out the meaning of the

proverb. Once the allocated time frame of a few seconds’

elapses, an explanation of the proverb is provided. The

visuals accompanying the voice-over include handmade

crafts which are consistent with the selected proverb’s theme.

The innovative, creative and engaging concept adopted by

FIMBank for “X’jgħid il-Malti?”, manages to communicate the

meaning of such proverbs effectively, arousing the interest of

both children and adult audiences.

“The aim is to highlight the use of Maltese proverbs in daily

discourse, whilst further emphasising the underlying message

of last year’s highly rated ‘Kelma Kuljum’ campaign, that


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Malta Business Review

Climate change and the environment


change and the


Tina Ohliger

Tackling climate change is a key item on the EU’s environmental agenda and is increasingly important for other areas, such as energy, transport, agriculture and regional

development. The EU is committed to reducing greenhouse gas emissions by at least 20% below 1990 levels by 2020, while improving energy efficiency by 20% and

increasing the share of renewable energy sources to 20% of final consumption. Further ambitious targets have been fixed for 2030. A key mechanism in fighting climate

change is the EU Emissions Trading System (ETS). At the Paris climate conference in December 2015, Parties worldwide (including the EU and its Member States) agreed to

limit global warming to well below 2 ºC above pre-industrial levels.

Legal basis and objectives

Article 191 of the Treaty on the Functioning

of the European Union (TFEU) makes

combating climate change an explicit

objective of EU environmental policy.

General background

a. Global warming

Without additional emission reduction

policies, the average global temperature

is projected to increase by between 1.1 ºC

and 6.4 ºC over the course of this century.

According to the 5th assessment report

by the IPCC (Intergovernmental Panel on

Climate Change), it is extremely likely that

global warming can be attributed to human

influence. Human activities such as the burning

of fossil fuels, deforestation and farming, lead

to the emission of carbon dioxide (CO2),

methane (CH4), nitrous oxide (N2O) and

fluorocarbons. These greenhouse gases

(GHGs) trap heat that is radiated from the

earth’s surface and prevent it from escaping

into space, thereby causing global warming.

b. Impacts of climate change

Global warming has led and will lead to more

extreme weather events (such as floods,

droughts, heavy rain, heatwaves and forest

fires), water availability issues, disappearance

of glaciers and rising sea levels, shifts in the

distribution of or even extinction of fauna and

flora, plant diseases and pests, food and fresh

water shortages, intensified photochemical

smog causing health problems, and

migrations of people fleeing these dangers.

Science shows that the risks of irreversible and

catastrophic change would greatly increase if

global warming exceeded a 2 ºC rise above

pre-industrial levels.

c. Cost of action versus cost of inaction

According to the Stern review, published by

the UK government in 2006, managing global

warming would cost 1% of global GDP every

year, while inaction could cost at least 5%

and up to 20% of global GDP in a worstcase

scenario. Thus only a small part of total

global GDP would be required to invest in a

low-carbon economy, and fighting climate

change would in return induce health

benefits and greater energy security and

reduce other damage.

d. Adaptation to climate change

Adaptation to climate change ranges from

soft and inexpensive measures (water

conservation, crop rotations, drought-tolerant

crops, public planning and awareness-raising)

to costly protection and relocation measures

(increasing the height of dykes; relocating

ports, industry, and people away from lowlying

coastal areas and flood plains). In April

2013 an EU adaptation strategy on climate

change was launched to promote greater

coordination and information-sharing

between Member States and foster the

mainstreaming of the considerations at stake

into all relevant EU policies.


a. International climate policy

In December 2015, after more than two

decades of negotiations, governments

adopted the first universal agreement

to combat climate change, at the 21st

Conference of the Parties (COP21) to the

United Nations Framework Convention on

Climate Change (UNFCCC) in Paris. The Paris

Agreement strives to keep the increase in

global average temperature to ‘well below

2°C, while trying to keep it at 1.5°C above

pre-industrial levels. To accomplish this

goal, Parties aim to reach global peaking of

GHG emissions as soon as possible, and to

achieve net zero emissions in the second

half of this century. Financial pathways are

to follow the road towards decarbonisation

and climate-resilient development. For

the first time all Parties have to make

ambitious efforts to reduce GHG emissions,

following the principal of ‘common but

differentiated responsibilities and respective

capabilities’, i.e. according to their individual

situations and possibilities. Every 5 years

(or sooner) all countries have to renew

and upgrade their climate action plans

(‘nationally determined contributions’)

and communicate them in a transparent

way so that the collective progress can be

assessed (‘global stocktake’). Support is

envisaged for developing-country parties

and in particular the most vulnerable, the

Least Developed Countries and Small Island

Developing States, both financially and via

capacity-building. Adaptation is mentioned

on an equal footing with mitigation and

is recognised as a global challenge; so is

the importance of addressing ‘loss and

damages’ associated with the adverse

effects of climate change. The agreement

will enter into force once it has been ratified

by at least 55 governments representing at

least 55% of total global GHG emissions.

b. Efforts within the EU to combat climate


The EU, via its 2030 climate and energy

framework, has committed itself to the

following goals to be reached by 2030:

reducing greenhouse gas emissions by at

least 40% below 1990 levels, improving

energy efficiency by 27% (indicative target

to be reviewed in 2020), and increasing the

share of renewable energy sources to 27%

of final consumption. The 2030 framework is

following up the ’20-20-20-targets’ decided in

2007 by EU leaders for 2020: a 20% reduction

in GHG emissions, a 20% increase in the

share of renewable energy in final energy

consumption, and a 20% reduction of total EU

primary energy consumption (all compared

to 1990), all translated into binding legislative

measures. The EU roadmap for moving to a

low-carbon economy by 2050 formulates a

long-term GHG reduction target of 80%.


Climate change and the environment

Malta Business Review

The EU Emissions Trading System (ETS), the

first and still the largest international carbon

market, is a key EU policy instrument for

fighting climate change. It is based on the

‘cap and trade’ principle: a ‘cap’ is set on

the total amount of GHG emissions that

can be emitted by the more than 11 000

installations (factories, power stations, etc.)

included in the scheme. Each installation buys

or receives ‘emission allowances’ auctioned

by the Member States. These credits —

corresponding to one ton of CO2 each — can

be traded with other installations if unused.

Over time, the overall amount of allowances

is progressively reduced. Introduced in

2005, the EU ETS has undergone major

reform since then. Following the temporary

freeze of auctions of a proportion of CO2

permits (‘backloading’) and the setting-up

of a ‘market stability reserve’ to counter the

structural surplus of emission allowances

by automatically adjusting the supply of

auctioned allowances, the Commission

proposed yet another reform in July 2015.

Since 2012, the ETS also applies to aviation.

Following massive international opposition,

the EU ‘stopped the clock’ twice, suspending

the scheme’s application to intercontinental

flights until the end of 2016, thus giving the

International Civil Aviation Organization

(ICAO) time to develop a global market-based

mechanism for international aviation that

could start in 2020.

Emissions from sectors not covered by the

ETS, such as road transport, waste, agriculture

and buildings, are subject to the Effort

Sharing Decision, which sets binding annual

GHG emission reduction targets for each

Member State up to 2020. The Renewable

Energy Directive seeks to ensure that by

2020 renewable energy such as biomass,

wind, hydroelectric power and solar power

will make up at least 20% of the EU’s total

energy consumption in terms of electricity

generation, transport, heating and cooling. As

part of the overall target, a binding minimum

target is set for each Member State to bring

the share of renewable energy in its transport

energy consumption up to at least 10%.

However, the binding character of this target

is ‘subject to production being sustainable’

and to ‘second-generation biofuels becoming

commercially available’.

Carbon Capture and Storage technology

separates CO2 from atmospheric emissions

(resulting from industrial processes),

compresses the CO2, and transports it to a

location where it can be stored. According to

the UN IPCC, CCS could remove 80-90% of CO2

emissions from fossil fuel-burning power plants.

The EU has set up a regulatory framework

to commercialise and subsidise this new

technology. However, the implementation of

the envisaged demonstration projects in Europe

has proven more difficult than initially foreseen,

high costs being one of the main barriers.

New passenger cars registered in the EU have

to comply with CO2 emissions standards.

The target to be reached by the average car

fleet is 130g of CO2/km for 2015 and will be

reduced to 95g/km as from 2021. In order to

create incentives for industry to invest in new

technologies, so-called ‘super-credits’ can

be used, whereby the cleanest cars in each

manufacturer’s range count as more than one

car when calculating the average specific CO2

emissions. A similar regulation is in place for

vans, and one is under preparation for buses

and trucks. To support the CO2 emissions

reduction policy, information relating to the

fuel economy of new passenger cars offered

for sale or rental in the EU is made available to

consumers so that they can make an informed

choice when buying a new car.

CO2 emissions from international maritime

shipping are significant, and are expected

to grow considerably. Pressing for a global

approach, the EU has in the meantime

established a Union-wide system for the

monitoring, reporting and verification (MRV)

of CO2 emissions from ships, as a first step

towards cutting them. As from 2018, large

ships will have to monitor and annually report

their verified CO2 emissions released on their

way to, from and within EU ports, along with

other relevant information.

Following bans on chlorofluorocarbons

(CFCs) in the 1980s to stop the depletion of

the ozone layer, fluorinated gases are today

used as substitutes in a range of industrial

applications such as air-conditioning and

refrigeration, since they do not harm the

ozone layer. However, they may have a global

warming potential of up to 23 000 times that

of CO2. The EU has therefore taken measures

to control the use of fluorinated gases and ban

their use in new air-conditioning appliances

and refrigerators by 2022-2025, thereby

setting the pace for a global phase-out.

Role of the European Parliament

In response to the Commission’s proposal

for a policy framework for 2030 on climate

and energy, Parliament gave a strong signal,

calling for three binding targets (more

ambitious than those finally agreed): a

reduction of at least 40% in domestic GHG

emissions from 1990 levels; a 30% share for

renewable energy sources in final energy

consumption; and a 40% increase in energy


Prior to the UN climate conference in Paris in

2015, Parliament reiterated the urgent need

‘to effectively regulate and cap emissions

from international aviation and shipping’,

and called on all Parties to work through

the International Civil Aviation Organisation

(ICAO) and the International Maritime

Organisation (IMO) in order to develop a

global policy framework for setting adequate

targets before the end of 2016. The EP

favours broad-based carbon pricing and

advocates the allocation of emissions trading

revenues to climate-related investments.

It asked for concrete steps, including a

Cost of action versus cost of inaction

timetable, for the phase-out of all fossil fuel

subsidies by 2020.

As regards GHG emissions from aviation,

Parliament managed to achieve a

considerable shortening of the period for

temporary exemptions of intercontinental

flights from the EU ETS, and defined very

clearly the criteria that have to be fulfilled

for an international regime to be acceptable

(de facto GHG emissions reduction; nondiscriminatory

approach). Furthermore,

for the first time it managed to secure a

provision that EU Member States will have to

report on how they spend the money coming

from ETS allowance auctions.

Within the context of the revision of

the Renewables Directive, the EP strove

to guarantee that biofuel production is

environmentally and socially sustainable

and does not lead to deforestation and

rising food prices (so-called indirect land use

change (ILUC)). Parliament called for a limit

on first-generation biofuels from traditional

food-derived sources of 6% of final transport

energy consumption by 2020 (as opposed to

the 10% limit currently in force), and also for

a rapid switch to advanced biofuels sourced

from seaweed or certain types of waste.

During negotiations with the Council on

fluorinated gases, Parliament advocated a

complete phase-out of climate-damaging

F-gases in several new sectors where

safe, energy-efficient and cost-effective

alternatives are available. Among other

measures, a ban on the use of F-gases in new

commercial refrigeration is foreseen from


In an update on CO2 emissions from

passenger cars and vans, Parliament insisted

on introducing the new UN-defined global

test cycle as soon as possible, with a view to

reflecting real-world driving conditions when

measuring CO2 emissions. MBR

Creditline: EU Parliament



Malta Business Review

US elections

“We are not very sure what exactly

Trump’s foreign policy” “agenda is”

By Special Correspondent

The election of Donald Trump as the 45th President of the United States will undoubtedly affect the country’s relations with

the EU. Not only could it have an impact on the ongoing negotiations for free-trade agreement TTIP, there could also be repercussions

for the other pillar of Euro-American cooperation, Nato. We talked to German EPP member David McAllister, chair of

Parliament’s delegation for relations with the United States, what Europe can expect from a Trump presidency.

David McAllister

MBR: What will the outcome of the

elections mean for Europe?

DMA: Foreign policy, and especially

Europe, did not play a large role in the

American presidential campaign so we

know a lot about Mr Trump on the one

hand, but we are not very sure what

exactly his foreign policy agenda is, so we

just have to wait and see now. Who is he

going to appoint as an adviser, who is he

going to appoint as cabinet members and

will his policies diverge from the rhetoric

we have been hearing in the last few

weeks and months?

I hope that our good trans-Atlantic

cooperation can continue. I think

President Juncker, President Tusk and

President Schulz were very clear in

their statements today: how much we

Europeans are interested in not only

continuing our good trans-Atlantic

cooperation, but even strengthening it

in these challenging times in the 21st

century. It’s up to the President to show

us if he is also interested in strengthening

the partnership.

MBR: How do you think this will affect


DMA: Mr Trump is critical on free-trade

agreements. He wants to reverse the

Nafta agreement. He was very critical on

TPP. The planned TTIP agreement with us

Europeans did not play such a central role

in the presidential campaign. I think we

will just have to wait and see what the next

Trump administration will have for ideas.

I believe trade negotiations with the

Trump administration will be more difficult

than under an Obama administration.

MBR: What impact will it have on the

Nato partnership?

DMA: Nato is the main pillar for our

security in Europe. We are very much

interested in having a good and close

cooperation with our American allies

when it comes to external security,

but also to fight the challenges of

international terrorism.

I expect President Trump to ask us in

Europe to do more for our own security

and that’s why this call from America will

lead, in my view, to a closer cooperation on

defence and security within the European

partners in the Nato framework. MBR

All Rights Reserved/ Copyright 2016

Creditline: EU Newsroom/External Relations/Press


Malta Business Review



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www.maltabusinessreview.net 19

Malta Business Review


Malta as a Logistics Hub

But is Malta Ready To Embrace the Changes Needed to make Hubbing a Success Story?

By Special Correspondent

“The idea of making Malta a logistics hub makes a lot of sense and should be an idea embraced by all. Truth be

told, Malta is not new to this concept and the country has been part of the hub industry for several years. But for

this idea to take off, the country needs to take serious and hard decisions to create the right environment for this

industry,” says Franco Azzopardi, Chairman and CEO of Express Trailers.

warehouse can take, needs to be imported

8 times from the Freeport and exported

8 times from the cargo terminals. The

400,000 cubic meters of new warehousing

space being offered at Hal Far, would

probably translate to 1.6 million cubic

meters carried from the Freeport to the

warehouse annually and another 1.6

million cubic meters out of the warehouse

via the cargo terminals.

I am not so sure the last leg out of the

terminals is possible with the current

infrastructure at Corradino as this

would mean a further 400 trailers to be

exported weekly!

Malta’s problem is the wide imbalance

between the volume of cargo we import

for consumption and the very small

amounts we export. This imbalance for

cargo carriers like ourselves means that

part of our round-trips end up being done

empty, and as a consequence, the cost of

that empty space transported is suffered

locally, partly by us, the carriers, and partly

by the client.

Hubbing is positive because by optimizing

the routes of the journey of the cargo

via Malta, we can generate more export

to correct this import-export imbalance.

This imbalance can also be corrected by

shipping south-bound cargo to North

Africa via the Freeport in containers.

This not only corrects the import-export

imbalance but brings also more economic

value to our island, create economies

of scale in favour of our consumer

and manufacturer, and creates further

investment and employment.

Needless to say, at Express Trailers, we

are leaders in Third Party Logistics and

have been specialists in the transport of

cargo and managed warehousing for many

years. This is why the concept of hubbing,

is an exciting proposition for our business.

However, our operations and experience in

logistics allow us to be more aware of the

bottlenecks that Malta needs to address if

hubbing is to take off successfully.

The cargo terminals both at the airport

and at Corradino could stifle the extent of

the growth possible through international

hubbing. Logistics and the environment

are not best of friends and we have

to decide on balance and equating

the differences. More cargo from the

Freeport means more trailers on the road

to the warehouse.

Another serious limitation is the lack of

trailer parks on the island. I can say we

have a serious problem where to park our

trailers safely off the public roads. Now

multiply that by the number of the other

operators. Space is an issue.

Space is also a primary issue. Warehouses

need space. Industry standards suggest

that inventories in warehouses need to

be ‘turned around’ between five and eight

times, meaning that the volume that the

This brings us to the issue of road

congestion which is already very dense.

The national problem we need to address

is the acute traffic in rush hours. This is

disrupting the quality of life of people

and disturbing also the supply chain of

the carriage of goods. Our trips are taking

longer and longer posing difficulties in

planning routes and giving estimated time

of arrivals to clients.

As one can see, the viability of hubbing

needs to remain conscious of the physical

limitations and on further investment in

our terminals, remaining also sensitive

to our environmental obligations. Hardnosed

decisions pointed at the festering

problem need to be taken and driven

by Government. Unless we embrace

change, the hubbing concept will die

before even taking off. MBR


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Malta Business Review

Hospitality & Decor

Revolutionising the hotel sleep business

By Special Correspondent

A good night’s

sleep is the crown

of any hotel, and

any place that invests

in improving the

experience is putting

a spotlight on what

really matters.

We spend roughly a third of our life in bed.

In hotel time, however, it’s more like half of

our lives, making the bed arguably the most

important element in the room. While luxury

hotels flog services and amenities, from

super-fast Wi-Fi to butlers who will literally

unpack for you, it’s really the bed that most

travellers are focused on. According to a

2014 Gallup survey, more than half of guests

who stay in the medium-high priced hotels

said they would pay more for an improved

bed. Among all respondents, a comfortable

bed was most often named as the most

important feature of a hotel room, more

than any other amenity, including Internet

access and helpful employees.

A guest’s needs and preferences are

diverse and the demand for a personalised

sleep environment is increasing. Another

survey, conducted by Ipsos shared insights

on what helps them sleep well on the

road. Highlights include:

• 92% expressed a distinct preference

on the firmness of the bed, with 50%

preferring medium, 28% preferring firm

and 14% soft.

• 30% requested a room change due to

the bed

• 31% have wanted to take home the


• Pre-bedtime rituals varied widely,

with Russians and Chinese favouring a

hot shower whilst the British enjoyed

tucking in to bed with a good book

• The one thing most people have in

common? 72% said they like to sleep

on the same side of the bed they are

used to at home.

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A system of revolutionary mattress

toppers engineered specifically for Hotels,

Boutique Hotels and Guest houses, are

easily changed by the housekeeping staff

by swapping one topper for another in a

matter of minutes; guests arriving to their

room will find their chosen bed in place

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Malta Business Review

MBR News Global Round-Up

Moldova has elected pro-Russian Igor Dodon as

president, over the pro-EU Maia Sandu. Dodon has

promised to organize a referendum with the intention

of ditching the country’s “association agreement” with

the EU. “I promise that I will be everyone’s president, of

those who want to be in the EU and those who [want to

be] close to Russia,” Dodon said Sunday. MBR


RESIGNS: Boyko Borisov resigned Sunday, after

a runaway victory for Socialist candidate Rumen

Radev in the country’s presidential race which leaves

Bulgaria “set to veer sharply back into Moscow’s

strategic orbit.” MBR

Swedish neo-Nazis hit new peak: “Sweden’s neo-Nazi

Nordic Resistance Movement (NMR) mounted the biggest

march in its history on Saturday, with its leadership saying

the election of Donald Trump in the US marked the start of

a world revolution.”

Threat: Neo-Nazi demonstrators make the fascist salute

during a demonstration in Stockholm, in December

2006. Despite popular belief that Sweden is a liberal and

unbiased country, it too has a history of fascism MBR

A message from ETNO & BCG: Will you

be a digitally-empowered citizen? That’s

what the Gigabit Society vision is about.

With superfast broadband networks,

you can boost your job opportunities,

grow your business or simply enjoy ultrahigh

quality entertainment. Network

investment is the pre-requisite. Check

the latest BCG report on how smart

regulation can help achieve that. MBR

Renzi removed the EU flag from his press

conference (h/t Davide Denti.) Meanwhile, on

Saturday, the leader of the Northern League,

Matteo Salvini, told a crowd in Florence,

waving American and Russian flags, that he is

Italy’s Trump and plans to take over the Italian

center–right. MBR

BBC put Marine Le Pen on its flagship weekend

politics program, a decision Seb Dance, a UK

Labour MEP, profoundly disagreed with. MBR

A Brussels warning from The

Economist: “Eurocrats in Brussels

often complain that they are made

the scapegoats for the failings of

national politicians. They should

brace for more of it … The EU may

eventually tilt towards a common

assembly for mutually beneficial

transactions rather than a club of

like-minded countries with a sense

of shared destiny.” MBR


The first signal to the EU: a meeting with Nigel

Farage. The European Parliament has always angled

for a greater role in world affairs. It now has one, via

one of its members being the first foreign politician to

sit down with Donald Trump since the U.S. election.

Unfortunately for Eurocrats, the politician was

Nigel Farage, leader of the Europe of Freedom

and Direct Democracy party group, and the face

of Brexit. Die Welt. MBR

“Stupid. Ridiculous.

Hysterical,” says UK

government: The EU

foreign ministers’ crisis

meeting over Trump

election win is seen as an

absurd overreaction. Boris

Johnson called it part of a

“collective whinge-o-rama”

and refused to join the

meeting. At the same time,

in what the FT described as

a “snub,” the French foreign

minister for his part said

he had to skip the meeting

because of the anniversary

of the Paris attacks.

Meanwhile, President-elect

Trump and Nigel Farage met

for a photo-op in a goldplated

elevator. MBR

ICYMI — Merkel’s conditional

support: Angela Merkel told Trump:

“Germany and America are connected

by values of democracy, freedom and

respect for the law and the dignity of

man, independent of origin, skin color,

religion, gender, sexual orientation or

political views,” she said, according to a

statement: “I offer the next President of

the United States close cooperation on

the basis of these values.” MBR


of Europe’s media led with news of

Trump’s wish to immediately deport

around three million undocumented

migrants, even if Paul Ryan rejects the

idea of a deportation force. Trump also

said he’s “fine” with marriage equality.

YLE (Finland) | La Repubblica (Italy) |

Onet (Poland) | MBR

Inside Europe’s panic

room: the union’s foreign

affairs ministers meet this

morning after a dinner last

night revealed they have

few clues when it comes

to Trump’s plans. They

are also divided on how to

engage with the incoming

administration. MBR

The EU foreign policy chief

though kept her cool in this


Journalist: “Will it be

awkwtard meeting Trump,

knowing what he said

about women?” Federica

Mogherini: “I’m Italian.

We’ve seen it all.” MBR

Italy sees a glass half-full: Foreign Minister Paolo

Gentiloni said the president-elect should improve

relations with Moscow without “giving up on

principles.” Silvio Berlusconi, in an interview with

Corriere della Sera, said he likes Trump’s ideas on

Russia, fiscal policy and migration – but not those

on trade.


Pay the rent: Italy’s former NATO ambassador

Stefano Stefanini told Playbook that, when it

comes to Trump and America, everyone has

“to pay the defense bill. The renters who do

not pay, face eviction. The new American

president comes from real estate: rent needs

to be paid – on time.”


NATO says Trump cannot go it alone: Going it

alone is not an option for the U.S. or Europe, says

NATO head Jens Stoltenberg. MBR

Jean-Claude Juncker: What’s

he playing at? Juncker said:

“We must teach the Presidentelect

what Europe is and how it

works.” He added: “I believe we’ll

have two years of wasted time

while Mr. Trump tours a world

he doesn’t know.” Italy’s former

NATO ambassador Stefano

Stefanini in La Stampa: “His

attack will only make Americans

close ranks with the newly

elected President,”


Source: POLITICO newsletter family; Brussels Playbook; Morning Exchange


MBR News Global Round-Up

Malta Business Review

The aspect of Pearl Harbor that’s never discussed: it

was a massive management failure

By Steve Twomey

Give Japan’s navy its due. It successfully

ambushed Pearl Harbor seventy-five years

ago because its commander was partial

to gambles; its technicians eliminated a

confounding quirk of torpedoes, and its

seamen proved adept at sailing thousands

of miles undetected. The Japanese got lucky,


In the era before spy satellites, they had no

way of knowing as they set out whether

the Pacific Fleet would even be in Hawaiian

waters on December 7, 1941. And, no,

Franklin Roosevelt did not know they were


But mostly, the Japanese were the

beneficiaries of acute managerial

breakdown. One of the most unexpected,

self-image shattering events in American

history may be receding into a misty other

century, but it is the perfect primer of the

mistakes that government and business –

that all of us — make every day.

Lesson one: Make sure there’s no other

way to read what you write.

As peace was fraying in late November,

Washington alerted its forces in the Pacific to

probable Japanese aggression. Or thought it

had. In reality, when officers at Pearl Harbor

saw the Navy Department’s unprecedented

first sentence – “This dispatch is to be

considered a war warning” – they concluded

danger lay elsewhere, because the note

immediately went on to list Japan’s likely

objectives, and Hawaii was not one of them.

Its writers knew what they had meant – that

while the listed locales seemed especially

threatened, no outpost should feel safe –

but they hadn’t considered how recipients

might conflate the parts. If he missed the

point, the fleet commander said later, “Then

there must have been something the matter

with the message.”

Lesson two: To assume is to regret.

That commander, Admiral Husband E.

Kimmel, was not required to report he

understood the warning, or what security

steps he was taking. Those in charge on

the sea frontiers had risen to their exalted

positions by demonstrating smarts and

judgment, and the Navy Department was

certain they would do the right thing. It

wouldn’t micromanage. Only too late did

Washington ask Oahu if search planes had

been out, only to learn the answer was no.

It is wise to give subordinates the room to be

creative; it is not to remain ignorant of their


In contrast, the Army did order its Hawaii

commander to report how he was

responding to the warning. But the War

Department then failed to grasp what

General Walter C. Short wrote back: He was

guarding only against sabotage by islanders

of Japanese descent, not an attack from

without. “I told them as plainly as I could,”

Short said. The Army Chief of Staff blamed

a deluge of work for not reading carefully a

reply he had demanded personally.

Lesson three: You can’t have multiple


The Navy and Army on Oahu did not

compare notes after the warnings. Neither

was subservient to the other. A congressman

who was also a Marine reservist had spent

a month of active duty on the island that

summer, and concluded that one man

ought to be in charge of both services there,

someone to whom the crucial data and

problems went, and from whom the big

decisions emanated. To leave responsibility

muddled “may prove dangerous and tragic,”

the congressman wrote the Navy in October.

Nothing had changed by December. As for

whether Kimmel had begun a search after

the warnings, which is what he thought

might happen, Short said, “I did not pin him


Lesson four: Don’t let your desires colour

new facts.

Too often on Oahu the latest intelligence was

interpreted in a benign way, which enabled

everyone to avoid disrupting plans and

routines. By December 2, the names of four

Japanese aircraft carriers had vanished from

intercepted radio traffic, but the conclusion

was they most likely remained in home

waters. By December 3, Japanese diplomats

were destroying codebooks and machines

in Washington and elsewhere, but that

was seen as merely a precaution Japan was

taking in case the United States attacked it. “I

didn’t draw the proper answer,” Kimmel said

later. “I admit that. I admit that I was wrong.”

This tendency to give information a sunny

spin was especially costly in regard to

torpedoes. Dropped from an airplane, a

torpedo plunges deeply before running

to its target. Pearl Harbor was but fortyfive

feet. In June, Washington advised that

while an attacker would probably need

considerably more water than that to avoid

having its torpedoes plow into the sea

Photo: Fox Photos via Getty Images

bottom, no depth should be thought safe.

The fleet did not take the caution to heart.

No cumbersome protective netting was

strung around the tethered battleships,

which wound up punctured repeatedly by

torpedoes the Japanese had modified for

shallow waters.

Lesson five: If you are given expert

advice, remember it.

In March 1941, a general and an admiral on

Oahu concluded that in a time of tension,

a fast Japanese raiding force might reach

island waters “with no prior warning from

our intelligence services,” and prior to a

declaration of war. Launched from one or

more carriers, Japanese planes might catch

the fleet unawares in port, the two officers

said. Reconnaissance would be the only


But then, just about everyone relegated that

dangerous scenario to their mental back

pages. It was a box that had been ticked.

Americans did not view the Japanese as

particularly creative or capable. The Navy

felt its own ships would have a hard time

pulling off a comparable strike on Japan, and

if our boys couldn’t do it, theirs couldn’t. In

the days after the war warnings, with four

enemy carriers unaccounted for, no one

even mentioned the news to the admiral

who had co-authored the March report.

That morning long ago, as warplanes with

red balls on their wings swept down on his

ships, Kimmel stood in his yard watching

with a neighbour, who would remember the

look on the commander’s face. He was “as

white as the uniform he wore.” MBR


Steve Twomey is a

Pulitzer Prize–winning

reporter and the author

of Countdown to Pearl

Harbor: The Twelve Days

to the Attack



Malta Business Review


Is digital mapping the new media?

By Sybille Lammes

Over the past months, a sudden influx of ‘Pokémon Go’ players could be observed across the globe. Youngsters, people of all ages

scrutinise their surroundings silently, using their smartphones to catch those digital creatures with unlikely names. How could such

a phenomenon take over the world so fast? Part of the answer may be the game’s strong interaction with the real-world and its

impressive mapping, offering a whole new virtual experience of spaces that seem to be familiar and yet so different.

Based at the University of Warwick

(UK), Sybille Lammes’ ERC-funded

research focuses on digital

mapping practices - including those

related to play. She sees them as new

media cultures that influence and alter

our way of being and moving through

spatial environments. She is also the

first to combine New Media Studies,

Science and Technology Studies and

Human Geography and thereby to tackle

an original and mostly unexplored

research field.

“Digital maps can be simultaneously

understood as new media, technologies

and cartographies” explains Lammes,

nourishing the conception of new media

as “material cultures” that are physically

embedded in daily life and technologies.

A new culture

Digital cartographies have changed

the century-old conception of maps,

traditionally perceived as something

tangible representing a space. In the

numerical world, on the other hand, we

constantly interact with navigation and

geolocation gadgets that are built in most

applications and devices.

The maps of today are versatile real-time

maps. Connected to online technologies –

such as traffic sensors and GPS – they keep

transforming before our eyes. Current

navigation systems propose new routes

when we miss a turn and adapt their

suggestions to the way we play with them.

We look for restaurants and shops through

digital maps and some even date with the

help of geolocation apps. Such daily tools

influence our behaviour and thinking, the

way we sense space and relate to it:

“The ambition of “Charting the Digital” is

to define what digital mapping is about and

what it culturally entails, and to explore,

as a new techno-cultural phenomenon,

its impact on our spatial relations”, says


With her team, she has undertaken an

extensive critical comparison of digital

mapping practices, also in relation

to traditional cartography and other

related media forms. The research also

encompasses the analysis of mapping

interfaces, which act as technological

mediators and induce users’ specific


Sybille Lammes: “Our own research team


all/themes/erc/images/gloss.png have

become part of the study, by “going native”,

i.e. becoming engaged and interacting

with the material they study. They keep a

journal about their experiences with the

mapping interface and how they become

acquainted with it”.


Researcher (PI): Sybille Lammes

Digital mapping for playful learning

On the commercial side, Lammes’ team

noted that highly successful and profitable

digital mapping applications make use of a

combination of gamification, connectivity

and interactivity in their design. On this

basis, they have developed a prototype

of a location-based game: a mobile app

named ‘Playfields’ that can be used to

teach fieldwork to university students in

a ‘hands on’ entertaining way. MBR

Image & researcher picture: Courtesy S. Lammes

Host institution: The University Of Warwick, United Kingdom

Project: Charting the Digital: Digital Mapping Practices as

New Media Cultures, (Charting the Digital)

ERC call: Starting Grant , ERC-2011-StG, panel SH5

Max ERC funding: 1,422,453 €

Duration: From 2011-11-01 until 2016-10-31



Malta Business Review

A standard cancer care

for pregnant women

By Dr Frédéric Amant

When cancer is diagnosed

in an expecting mother, the

decision whether or not to

start chemotherapy during

the pregnancy needs to

strike a delicate balance

between the well-being of

the mother and that of the

foetus. With ERC support, Dr

Frédéric Amant is developing

a standard, integrated

approach for cancer care for

pregnant women.

Cancer in pregnancy is increasingly

prevalent (1 to 2 in 2000 pregnancies in

Europe), largely because of the recent

trend to delay childbearing until a later

age. While there is not yet evidence about

the potential toxicity of chemotherapy

on the foetus, as a precaution, this type

of treatment has been largely avoided

for pregnant women. Such approach

generally led to delay in treatment,

termination of pregnancy or premature

induction of delivery.

In the last 50 years, drug regulation has

significantly evolved. However, pregnant

women and their foetuses remained out

of scope, due to the general reluctance of

pharmaceutical companies and expectant

mothers to engage in dedicated drug

trials. “This creates the need and the

opportunity to investigate the true

relationship between chemotherapy

and childbearing with the objective of

developing evidence-based rather than

opinion-based decision-making”, says Dr

Frédéric Amant from the KU Leuven, in


A pilot study led by Dr Amant back in

2012 showed that antenatal exposure

to chemotherapy could overall be

considered to be safe. This finding was

internationally recognized as a first step

towards a standard of care for women

with cancer during pregnancy. With an

ERC Consolidator grant and the support

of a multidisciplinary team of experts, Dr

Amant is now securing robust evidence

about the risk/safety profile for foetuses

under mothers’ chemotherapy:


Researcher (PI): Dr Frédéric Amant

Host institution: Katholieke Universiteit Leuven,Belgium

Project: Cancer treatment during pregnancy: from fetal

safety to maternal efficacy, (CRADLE)

ERC call: Consolidator Grants , ERC-2014-CoG, panel

Max ERC funding: 2,000,000 €

Dr Amant: “The strength of our project

lies in the integrated approach to

this multifaceted problem of cancer

in pregnancy, with two innovative

methodological focus points: the use of

an international patient registry of young

women with cancer with a subregistry

of women with pregnancy-associated

breast cancer (the INCIP), along with

the consultation of extensive biobanks.

This allows for unprecedented largescale

clinical follow-up studies as well as

laboratory studies on patient biomaterial.”

In addition, Dr Amant and his team foresee

the application of cutting-edge models of

human placental research to investigate

the physiological basis of the placental

barrier function. The researchers hope the

study will be a major step forward to the

well-being of both mother and foetus in a

pregnancy complicated by cancer, leading

to the development of standard diagnostic

and therapeutic approaches during this

critical period. In addition, the findings

could provide substantial impetus to further

research in this emerging field. MBR

Image: ©Ann De Wulf

Researcher image: ©Rob Stevens

Duration: From 2015-10-01 until 2020-09-30



Malta Business Review

mbr news global round-up




“Something like

Reince Priebus will be chief of staff: The ultimate

170 million people

insider — the president of the Republican

in North America

National Committee — got the biggest formal

use Facebook every

reward. Stephen Bannon of Breitbart News will

day … Forty-four

become chief strategist. MBR

percent of all adults

in the United States

say they get news from Facebook, and access to an audience of that

size would seem to demand some kind of civic responsibility — an

obligation to ensure that a group of people more sizable than the

American electorate is not being misled.” MBR


“Something like 170 million people in North America use Facebook every day

… Forty-four percent of all adults in the United States say they get news from

Facebook, and access to an audience of that size would seem to demand some kind

of civic responsibility — an obligation to ensure

that a group of people more sizable than the

American electorate is

“A fake story claiming Pope Francis —

actually a refugee advocate — endorsed

Mr. Trump was shared almost a million

times, likely visible to tens of millions,”

Zeynep Tufekci, an associate professor at the

University of North Carolina who studies the

social impact of technology, said of a recent

post on Facebook. “Its correction was barely

heard. Of course, Facebook had significant

influence in this last election’s outcome.” MBR

not being misled.” MBR

The social platform provides

news to more Americans

than any other organization.

But after the election, it’s

come under fire for helping

disseminate fake news.

Mark Zuckerberg, the CEO

and founder of Facebook,

said that he believes the

idea that Facebook helped

influence the election by

spreading false information

is “pretty crazy”. MBR

Meet Keith Ellison, an

African-American Muslim

congressman from

Minnesota who hopes

to run the Democratic

Party and bring it back to

power. MBR

Sunday sniping: Meanwhile,

the President-elect spent

Sunday morning tweeting

attacks against the New York

Times. He also formally

asked that a jury trial into

the activities of Trump

University be delayed until

after inauguration. MBR

The election of Trump

casts a shadow over

the Cuban thaw,

From El Pais. MBR

Trump will have vast powers,

and can thank Democrats for

them: Glenn Greenwald goes

for the jugular against centrist

democrats. MBR

Memories: the best Obama

pics from 8 years in office, by

Pete Souza, the Chief Official

White House Photographer, MBR

Max Read has an epic take down

here: “Lies and exaggerations have

always been central to real political

campaigns; Facebook has simply

made them easier to spread, and

discovered that it suffers no

particular market punishment

for doing so … MBR

Bernie Sanders has an

offer – and a warning, as his

Sanders revolution comes

back in business: MBR



GREEK DEBT RELIEF: In a wide-ranging interview with

Kathimerini before a two-day visit starting tomorrow,

the U.S. President tackled everything from debt to

democracy. “Despite facing extraordinary economic

hardships, Greece is one of five NATO Allies that spend

2 percent of GDP on defense. We thank our Greek allies

for our close cooperation at Souda Bay … MBR

Repudiating the American power

structure, not celebrating hate:

That’s former Clinton administration

official Robert Reich’s take. MBR



Tom McTague and Alex Spence

interview the London mayor. MBR



It’s easy to hate Trump

but important to learn

from him: Martin Kettle

for The Guardian MBR

Start building bridges

if you want to stop

another world war. MBR



the home of a Syrian family OTHERS CLOSING:

ravaged by the country’s war, in The moderate candidate

an Oslo IKEA store. MBR

Alain Juppé has 36

percent of first-round

voters in his corner. But

it’s François Fillon unsettling the field with a big gain to reach 18

percent support in the latest survey. In a two-horse race between

Juppé and Nicholas Sarkozy, Juppé has 59 percent support. MBR

“With the rise of populist movements and

questions about the future of European

integration, my visit to Greece – the birthplace

of democracy and an inspiration for America’s

founders – will be a chance to reaffirm the

enduring values of democratic governance,

diversity and tolerance

that help keep us


MBR News Round-Up

will on a regular basis

share interesting articles

that shed light on who –

and what – is driving the

establishment backlash

across the West.


Condescension feeds Trump: David

Brooks writes in the New York Times

that “populism of the Trump/Le Pen/

Brexit variety has always been

a warning sign, a warning sign

that there is some deeper

dysfunction in our economic,

social and cultural systems. If you

want to take that warning sign

and dismiss it as simple bigotry,

you’re never going to pause to

understand what’s going on

and you will never know how to

constructively respond.” MBR

The class culture gap: “The white working

class (WWC) resents professionals but admires

the rich … The dream is not to become uppermiddle-class,

with its different food, family, and

friendship patterns; the dream is to live in your

own class milieu, where you feel comfortable

— just with more money … Hillary Clinton, by

contrast, epitomizes the dorky arrogance and

smugness of the

The Women who

helped Trump to

victory: They were

disgusted by his comments but

their vote “wasn’t so much about

voting against Hillary Clinton, but

about the change they thought

Mr. Trump would enact.”


professional elite. The

dorkiness: the pantsuits.

The arrogance: the

email server. The

smugness: the basket

of deplorables.” Joan C.

Williams with a great

long read here. MBR


government gets ready to extend the state of emergency MBR


Memorial for Brussels Attacks set for

Soignes Forest: 32 trees will be planted in

their memory. They will be planted on the

21st of March, the first day of spring, and

an area not far from the La Hulpe road

in Watermael-Boitsfort, near a Tumulis

footpath, is the favored location. MBR


Source: POLITICO newsletter family; Brussels Playbook; Morning Exchange


Malta Business Review

Malta Stock Exchange Institute

By Special Correspondent

Since 2015, the MSE has held the

Annual Investor Conference, aimed, as

its name indicates, at the general body

of investors, where financial matters,

particularly those related to capital

markets are explained and discussed in

simple and understandable terms.

The MSE has now consolidated its

training efforts and initiatives into

one body, the Malta Stock Exchange

Institute, that shall be responsible to

organise a number of short courses on

a number of subjects not only related to

the capital market itself, but within the

wider scope of financial services. It is

our belief that the Malta Stock Exchange

Institute has the potential to become

a pre-eminent financial institution

enhancing financial education in Malta

for individual investors and industry

practitioners alike.

The financial services sector has been

one of the key drivers of our country’s

ongoing prosperity. As the industry

grows, so does the demand for well

trained and qualified professionals to

meet the financial sector’s ever growing

human resource needs.

The Malta Stock Exchange Institute is

innovative in that the level of courses

offered are aimed at participants with

various levels of knowledge, from

the small investor to students and

practitioners, or simply those who want

to know more about financial matters.

Also some of the courses, where

appropriate, will be held in Maltese;

however the majority will be taught

in English. While the courses offered

are intended to be taken individually,

participants are encouraged to continue

courses through the different levels, and

to eventually attain their Diploma.

The Exchange made every attempt to

keep their course pricing within reach

of the average citizen and will also be

offering 50% discounts to both seniors

and students. MBR



Malta Business Review


COST: Growing ideas through research

and innovation networks

By Janet Mifsud

Many SMEs may ask but how does one

get involved in an EU project? How do

potential EU partners find me, is there a

simple ‘learn how to’ for EU funds? How

can I help my idea grow through research

and innovation? COST is the answer. But

what is COST?

early career





COST (European Cooperation in Science and

Technology) (www.cost.eu) is the longestrunning

European research framework,

supporting networking and knowledge

sharing amongst science and technology

communities in Europe. COST has been a

building block of Europe’s research world for

nearly 50 years. It is an intergovernmental

organisation, with 37 Member States

spanning the European continent. It funds

networks across borders and often across

scientific disciplines, interlinking nationally

funded researchers and innovators.

In all, nearly 40 000 researchers every

year (including around 300 from Malta)

participate in COST. COST works mainly

through what we call a COST Action. This is

a network of researchers, industry, SMEs,

NGOs and other interested parties focused

in a particular area, collaborating across

borders. A COST Action funds conferences,

workshops, short-term scientific missions,

training schools, publications and other

communications tools to link the participants

together over four years. Thus it contributes

greatly to narrowing the gap between

science, industry, policy makers and society.

Co-operation in COST is inclusive and open,

fosters new and excellent ideas through the

sharing of knowledge (see Figure 1).

Figure 1 Co-operation in COST is inclusive

and open, fostering new and excellent ideas

through the sharing of knowledge between

SMEs, industry, academia in international cooperation.

A huge advantage of COST for Malta is that

each COST country is allowed to nominate

two representatives per action irrespective

of size, thus ensuring inclusiveness and

widening. Thus Malta can nominate two

researchers on each action just like many

other bigger countries. COST is, in fact,

the cornerstone of the European research

funding landscape since it opens up huge

networks to smaller and more peripheral

COST countries, such as Malta.



Malta in COST

Malta first joined COST in 1996 before it

became a full EU member in 2004. The

Malta Council for Science and Technology,

as the managing authority for COST in

Malta, then recognised the key role COST

participation could have in facilitating the

entry of researchers based in Malta to wider

European Research networks and funds

such as in the Framework Programmes.

Moreover the wide range of networking

activities (tools) supported by COST, such as

meetings, workshops, short term scientific

missions, publications, and training

schools, made it even more amenable to

researchers based in Malta. Since 2011,

Malta has participated in a constantly






Figure 1





growing number of running COST Actions.

In 2015, nearly 300 researchers based in

Malta from academia, industry, SMEs and

public entities were participating in 157

COST Actions.

Researchers based in Malta are

participating in COST actions ranging

from research in basic science such as

drug resistance in cancer stem cells, to

more applied science such as soil erosion,

3D video coding, transport accessibility,

tracking water vapour in the atmosphere

with GPS satellites, for climate change;

setting up databases so public-policy

researchers can compare local-government



Malta Business Review

reforms. SMEs and public entities in Malta

are participating in COST actions on digital

printing, next generation photovoltaics,

wind energy, food industry, water quality,

construction and sustainable architecture.

In recent years, thanks to COST, Maltese

institutions have also gained increasing

visibility thanks to the organisations of

meetings, Training Schools and short

term scientific missions, helping to

strengthen the existing networks and foster

collaboration links between researchers,

institutions and ultimately countries.


Over the course of its 40 year history,

COST has provided a unique approach

that enables the sharing of concepts and

scientific developments across 35 European

countries and has even attracted the

participation of many non EU countries. It

also promotes interdisciplinary approaches,

knowledge sharing, talent development

and assists research and industrial

communities in finding their own ways to

tackle important societal challenges.

Researchers based in Malta are now

integrated in each part of the COST process,

from participation in the high level policy

Committee of Scientific Officers (CSO),

having a representative on the strategic

Committee of Scientific Experts, a full cohort

of eighteen Review Panel Experts and also

close to 300 COST experts. Malta’s success

in COST has often been

highlighted by the COST Association

and Malta has even been invited to be

Vice-Chair for the COST working group

on Inclusiveness and Widening. In fact in

December 2016 Malta has been invited

to host the COST Committee of Scientific

Officers in the new interactive science

centre in Kalkara, Esplora, as one of the

first pre-Presidency meetings to be held in

preparation of Malta’s Presidency of the EU

Council in 2017.

Malta’s participation and investment in

COST has resulted in better exposure

opportunities for various parties. More

importantly, the younger cohort of

researchers have been given an invaluable

opportunity to increase their contacts circles

in their fields of interest. This, coupled with

opportunities for participation in research

on a European scale, opportunities for

specialisation through joint collaborations

and opportunities to showcase our

local potential, continue to support and

advocate Malta’s necessity to participate

in this programme and acts as an incentive

for local participation in COST actions to

continue to be supported and encouraged.

COST has also always been a frontrunner

in bridging the gap between policy,

research and end users, by promoting

connections between COST Actions and

other European S&T policy concepts with

relevant stakeholder communities. It has

provided the basis for increased societal

impact of research and S&T innovation in

Europe and beyond. MBR

Participating in COST requires a very

simple application process with minimal

administration. COST in Malta is managed

by the Malta Council for Science and

Technology. For more information see


COST.aspx or email the National Contact

Point, Prof Janet Mifsud


COST National Contact Point,

COST Malta Representative on the

Committee of Scientific Officers,

Malta Council for Science and Technology,

Kalkara, Malta


Janet Mifsud B.Pharm


(QUB); BA (Theology)


Prof Janet Mtifsud is

national co-ordinator

(CNC and CSO) for COST

– European Cooperation

in Science and

Technology, for the Malta Council of Science

and Technology (MCST). She is Associate

Professor in the Department of Clinical

Pharmacology and Therapeutics, University

of Malta and has participated in various EU

projects. She is a board member for MCST

and is involved in science research policy

and dissemination. She has been appointed

several times as peer expert evaluator for EU

research projects.



Malta Business Review


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renowned organisations, invests in its

facilities and in social commitments. The

eie Educational Group is redefining the

landscape of modern education.

The eie Educational Group aims to

develop the appropriate competencies

and knowledge needed in planning,

evaluation, research and development

tasks in education and related fields in the

midst of societal changes, both on local

and global levels. This network gives eie

the key to be competitive and to share

the collective experience and continuous

professional development with their


In a fast moving world, challenges are

demanding and change is constant.

Tomorrow’s future depends on today’s


Through its companies, the eie Educational

Group is able to offer the following


• Academic programmes - Certificate,

Diploma, Bachelor, Master degrees

in various subjects for young and

mature adults are offered through

eie Institute of Education (Licensed

by the NCFHE as an institute of

Further and Higher Education –

License Number 2005-TC-001);

• Training programmes - Business

courses, thematic seminars for

business excecutives offered

trough eie Mangement Centre;

• English Language courses - English

courses at Beginner, Elementary,

Pre-Intermediate, Intermediate,

Upper-Intermediate, Business

English and Advanced levels are

offered through eie Languages

Centre (Licensed by the EFL

Monitoring Board – License

Number 282/MB42)

• Student Accommodation - Provision

of quality accommodation around

Malta ideal for students offered

through eie Residences

• Internships – Organisation of

Work placement and Internships

for international students offered

through eie internships. MBR

eie Mission

To enhance the level of Academic

training and Tuition of both pre and

post graduate levels by:

• Contributing actively towards the

propagation of equal opportunities

for all.

• Continually engaging in the pursuit of


• Continually investing in its own


• Striving to afford the best service to

all our clients.

• Establishing itself as a leader in the

international education field.

• Contributing towards the social

welfare of the community.

For more information about eie’s degree

programmes, English language courses

or other business related courses you can

e-mail at info@eie-group.com, phone on



eie educational group


The eie educational group

is an acknowledged leader in international education


We specialise in providing

* Higher Educational courses - eie Institute of Education (NCFHE License Number 2005 - TC - 001)

* English Language courses - eie Languages Centre (EFL License Number 282/MB42)

* Executive and Business courses - eie Management Centre

* Internship services - eie Internships

* Student Accommodation - eie Residences

* International Educational services - eie International

eie educational group,

Tel: +356 21 332804/5 info@eie-group.com


Malta Business Review


World Travel Market

Minister for Tourism guest speaker at the United Nations of

World Travel Organisation (UNWTO) Ministers’ Summit

During the World Travel Market in London,

the Minister for Tourism Dr Edward

Zammit Lewis participated and was chosen

to be part of the main panellists during

the tenth edition of the United Nations

of World Travel Organisation (UNWTO)

Ministers’ Summit, moderated by CNN

Correspondent Becky Anderson.

The theme of the discussion was Tourism

and Security: promoting safe and seamless

travel. During his address, the Minister for

Tourism stated that safety and security are

integral parts of any tourism experience.

Tourism generally involves people

travelling for enjoyment outside of their

usual environment, meaning people need

to travel with the peace of mind necessary

for enjoyment of their leisure time.

“The complex nature of tourism which

integrates in a complex manner with the

host community and the entire territory

of the destination make the management

of tourism safety and security a multidisciplinary

action. This means that such

risks need to be assessed, managed and

discussed by a multitude of agencies each

possessing different areas of competence,

power and expertise. In such situations a

lead agency needs to be identified for all

contingencies concerned”, the Minister


Futhermore, the Minister emphasised that

the leadership of international bodies such

as the UNWTO, WHO and others is integral

to the successful management of such

situations particularly when they reach

crisis levels.

“In today’s globalised world there is no

such thing as gaining from the misfortune

of other destinations. Most of the safety

and security concerns which negatively

influence tourism eventually set off a chain

reaction along the tourism supply chain

which ultimately negatively influences

overall tourism worldwide”.

During the World Travel Market, President

of Malta Marie-Louise Coleiro Preca, and

Minister for Tourism Dr Edward Zammit Lewis

were formally invited to a networking event

by the Malta High Commission in London

aimed at both local and foreign operators

operating in the tourism sector in Malta.

During this event, the Minister noted that

the World Tourism Organisation (WTO) has

praised the growth of the tourism sector

in Malta by referring to it as ‘robust and

positive’. In addition, the Minister pointed

out that the latest WTO Barometer

published in September 2016 notes that

global tourism between January and June

of this year rose by 4% whereas, for this

same period, arrivals to Malta rose above

this average, specifically by 9.7%. The

Minister for Tourism stated that

Government is making inroads with regards

to our policy objectives, that of reducing

seasonality patterns. He reiterated that

between January and March of this year,

arrivals increased by more than 13% to

reach 282,000.

The Minister for Tourism Dr Edward

Zammit Lewis, together with senior Malta

Tourism Authority officials, also attended

a number of meetings with current and

forthcoming tour operators and travel

agencies interested in its tourism market.

During these meetings Dr Zammit Lewis

discussed the Maltese tourism product,

proposals from the same operators and

how Government intends to advance the

tourism product. In addition, the Tourism

Minister held a series of meetings with

various airlines operators and examined

the prospects of opening new routes to/

from our shores.

In light of the Brexit issue, the Minister

for Tourism held meetings addressing

the British tourism market with travel

operators and reaffirmed the Government

position that British tourist visiting the

Maltese Islands in post-Brexit would

continue to benefit from same conditions.

The Minister received very positive

feedback on the UK source market from

the main tour operators for 2017.

The World Travel Market is the prime

tourism fair held annually in London

with more than 50,000 visitors, mainly

operators from the international tourism

sphere. MBR

Photo Credit: MOT

Creditline: Ministry for Tourism/DOI



Malta Business Review

Beating the Death Clock

By Simon Garveen

Like many of my successful friends and

acquaintances, I have been giving much

thought to what will happen when I, as is

inevitable, fall off the perch. I suppose that

starts being a concern for most people

who have a decent wedge of assets once

they pass the age of 45 – or who have had

any sort of health scare to concentrate

their minds.

I have five kids (from two wives) and I

definitely don’t want to demotivate them.

I think their lives could be ruined if they

think that all they need do is sit around

and wait to inherit. I have seen too many

“trustafarians” do just that and end up

wasting their lives. So I have always kept

my older kids on a fairly tight rein, helping

them out when absolutely necessary but

telling them that they have to earn their

own money and budget accordingly.

Why not? I made my own money and

that “journey” has been a fulfilling and

rewarding one.

I keep telling my kids not to expect any

money when I am gone because I am

either going to spend it or give it away to

charity. I will give them the best education

possible, help them buy their first house

and then they’re on their own. In fact, I

do intend leaving them something, but

I have decided not to tell them so that

they expect the worst and take whatever


Thought. If you don’t need the money and

don’t want to leave it all to your children,

what do you do with the rest? I already

give reasonable sums to charity. I could

of course dispose of the rest by leaving

charitable bequests in my will but I would

rather see play a more active role so that

I know the money is being used well and I

can actually see the results.

I have therefore decided to set up my

own charity. I can inject a large sum

and that takes it out of my estate

for inheritance tax purposes.

It also means that whatever

additional money accrues

from the assets will belong

to the charity rather than

me, and that means it

won’t be taxed. This way

I can retain control of the

money – by owning and

controlling the charity – and ensure that

it only benefits my chosen projects and


I have discovered that it’s surprisingly

simple to set up a charity. I can either set

up a trust or incorporate a company limited

by guarantee. They will then produce a

business plan and write to the Charities

Commission to request official recognition

as a charity, which gives the structure tax

free status. This also means that anyone

donating money gets a tax deduction

– including me. I will own the voting

memberships in the charity so I will be able

to appoint directors of my choice (which

will probably include me) and manage and

control it, but the capital and income can

only be distributed to charitable causes

or to further the charitable aims of the


This seems to me by far

the best solution. An

added bonus is that the

charity can also employ

people so if my show an

interest – or I think they

could learn something by

being involved – they can be

employed on a market salary

to help out and do good work.

I don’t see them doing this

on a permanent basis –

they are all too


f o r

that – but it would be good experience

and it would also be a great opportunity

for them to work with their old man and

find out what makes him tick. Now that

would be a legacy!

Rather than prevaricate any longer, I am

going to get on with setting up my charity

next week. After all, you never know what

is going to happen or how long you have

got – although somebody did suggest that

I consult www.deathclock.com, which tells

you exactly when you are going to shuffle

off this mortal coil. I hope it is accurate

because it gave me another 45 years, 2

months and 10 days – which means that

even my youngest child will be older than I

am now. And that’s a long time to wait for

a surprise. MBR



Malta Business Review


Missing Molars

Are you one of those patients missing your molars on one or both sides either, top or bottom jaws…. or both? If so, for how

long have you missed out on chewing on your back teeth? Missing your molars is a very common scenario, which often goes

untreated for a very long time. This is mostly due to the fact that in most individuals these teeth aren’t visible with the normal

aperture of the mouth.

Effects of lack of posterior teeth:

1. Tooth-wear:

Biting and having to chew on just the

front teeth leads to tooth-wear. Over a

long period these front teeth lose height

and appear very smooth as they are being


2. Tooth fracture:

These anterior teeth are far weaker than

their posterior neighbours, resulting in

micro-cracks which may lead to tooth

fracture and/or de-coronation (breaking

the crown of the tooth leaving just the


3. Tooth mobility:

Teeth are supported in their sockets thanks

to the gingival tissue, in particular to the

periodontal ligament fibres attaching

them to bone. If teeth are under excessive

stress then this ligament suffer and with

time teeth start moving resulting in tooth

loss. This may also cause the teeth to drift

outwards, splaying themselves increasing

the spaces between them.

4. Tooth pain:

overloading of the anterior teeth may

result in them dying off requiring root canal

treatment and further prosthetic work.

5. Bone loss:

Loss of posterior teeth in either jaw results

in bone loss as the bone does not receive

a stimulus due to the lack of tooth roots.

Over a long period, the volume of bone

loss may be very large. This would mean

that if implants are planned, bone grafting

would be required increasing the element

of surgery for the patient and complexity

for the Dentist.

6. Tooth migration:

Missing teeth would cause present teeth

to drift into the resultant space creating

odd contacts on chewing, excessive toothwear

facets as well as inconvenient food

packing around the remaining teeth.

Upper teeth often over-erupt into the

space of the lower missing teeth due to

lacking their antagonist to chew on. Over a

number of years these upper molars may

completely descend into the space of the

lower missing molars causing traumatic

biting onto the gum. These upper teeth

would also appear very long, exposing

their roots reducing their aesthetics.

Adding insult to injury these upper overerupted

teeth would on closure of the

anterior teeth, take up the space of the

missing lower posterior teeth not leaving

any space for the dentist to replace the

lower missing teeth.

7. Dento-Facial aesthetics:

Cheeks tend to collapse inwards resulting

in poorer aesthetics giving rise older

looking appearance.

8. Digestive problems:

Chewing our food mixed with our saliva is

the first stage of digestion. If food is not

chewed but gobbled instead, this may

result in indigestion and acid build-up.

Patients, who lack posterior teeth, also stir

away from eating certain foods resulting in

a lack of nutritional intake.

The list goes on and on. It is never too late

to replace your missing posterior dentition

both with removable or fixed teeth. The

repercussions are serious.

Take action now and ask your dentist

for advice! MBR

A Case Study

A young man has lost his right six posterior teeth, three upper and three lower. This

scenario only allows him to chew on his left side overloading his remaining teeth. It was

decided to place two upper and two lower implants to replace three teeth in either jaw.

His dentition is now fully functional and balanced. He can now chew on both sides.

Dr Jean Paul Demajo

Is a Dental and Implant Surgeon, Trained in

London working in private practice in Malta


Medical Tourism

Malta Business Review

Malta, France Looking At Healthcare Business Opportunities

Strategy based on 3 pillars: Medical R&D, Medical Training and Medical Tourism

By James Vella Clark

The excellent relationship between France

and Malta and the success enjoyed by

those French businesses already operating

in Malta’s medical and healthcare sectors,

is what is encouraging all those who are

showing an interest in investing in Malta.

This was the most salient point that

emerged from a half day conference

organised by the Maltese French Chamber

of Commerce themed ‘Healthcare

Business in the Mediterranean’. The event

was addressed by a number of speakers

who dealt with the opportunities that

Malta can offer in the fields of medical

research and development, medical

training and medical tourism.

In his opening address, Joseph Bugeja,

President of the Malta French Chamber

of Commerce explained how Malta

has been experiencing a lot of recent

developments in the medical sector.

“Malta is developing a lot in the field of

research and development, generics,

pharmacology and this is creating a lot

of new opportunities when it comes

to attracting more R&D, experts and

students for medical training and medical

tourists seeking wellness programs in

Malta. The Maltese French Chamber

of Commerce wants to assist French

businesses leverage these opportunities

for the benefit of both countries.”

French Ambassador to Malta H.E. Ms

Béatrice le Fraper du Hellen had words of

praise for Malta and its proactive approach.

“In France, businesses have started

looking at Malta as a serious hub for

medical research and development,

training and logistics hub and as a possible

platform for bridging the business gap

with North Africa and the Gulf region.

Malta’s strong digital economy, its welleducated

workforce and easy access to

regulating authorities are proof of the

country’s openness to business.”

The Ambassador noted how there had

been a tendency by French companies to

look at Malta as a small and limited country.

“This idea is changing because Malta has

a vision and a strategy and businesses

can now communicate with Maltese

counterparts and do business together.

We now know that it’s much easier for a

French company to get an export license

from Malta to operate outside the EU, in

some sectors or for some products, than

from France itself. We need to rethink the

way we sell Malta to France since both

countries can collaborate a lot especially

in the medical field. The opportunities that

Malta can offer are being so well presented

that it makes it much easier for me to sell

Malta to the French business market.”

Hon Chris Fearne, Minister for Health

spoke about the country’s vision for the

development of the health sector in the

coming years.

“Malta has always had excellent health

services. Today we have an excess capacity

of beds, operating theatres and hospitals.

Medical Conference - French Mbassador

This brings an opportunity to attract

foreign patients to benefit from our health

services. Malta will also be looking at

becoming an important player in clinical

research and trials. Malta also has a long

history in medical education and this helps

us attract foreign students to specialised

schools and post-grad education.”

Minister Fearne also mentioned how in

the eventuality of a Brexit, Malta will be

lobbying to host the European Medicines

Agency, currently found in London, which

will open up endless opportunities for

more investment in the sector.

Other speakers included Margot

Pisani, Malta’s Country Manager at

pharmaceutical company Sanofi, Dr

Marcello Basile Cherubino, Country

representative of diagnostics and lab

equipment company bioMérieux, Didier

Bourguignon, Director of Business France

Italy and Malta, Sri Ram Tumuluri, Director

at Vitals Global Healthcare, Prof Nikolai

J. Attard, Dean of the Faculty of Dental

Surgery at the University of Malta, Clive

Brockdorff, Head of Communications,

Investment Promotion at Malta Enterprise

and Dr Gilles Gutierrez, Director at the

Institute of Cellular Pharmacology.

“Malta has a strong role in the

internationalisation of the French economy

however, Malta and its business community

can gain from this by leveraging on the

endless opportunities that the healthcare

business in the Mediterranean has to

offer,” concluded the MFCC President

Joseph Bugeja. MBR

Medical Conference - Minister Chris Fearne

Source: Corporate Idnetities



Malta Business Review

Case Study: Employer Branding

The Employer Branding Tour – Tipico Careers

By Thomas Mahoney

Following last month’s introduction

to this emerging concept we are now

back with our first employer brand

in the hot seat. This tour’s first stop

takes us to Tipico, with its very popular

award winning employer brand, Tipico

Careers. Established in 2004, Tipico is

the leading sports betting company in

the German market. Headquartered at

the Portomaso Business Tower in Saint

Julian’s, Malta, Tipico offers a wide range

of sports betting products, Casino and

table games delivered through cuttingedge

mobile and online channels.

Tipico’s career brand is known to be a

pioneer within the online gaming sphere.

The brand is based on three main pillars;

the working & office environment, the

company’s success story and the Maltese

Islands. The videos and clips on Tipicocareers.com

and on the brand’s social

media page captures these areas quite

well, whilst also outlining numerous

employee benefits one would be entitled

to once joining the Tipico family. As the

brand slogan suggests; ‘We Invest in Our

People’, Tipico Careers is purely dedicated

to its employees whilst also educating the

public about what the industry is all about,

and what Tipico has to offer in terms of

career paths and job opportunities.

On my visit to Tipico’s offices the team

outlined three of the most prominent

initiatives the brand is currently focusing

on. These are;

Show progress

Sigma Awards – November 2016 – Best Careers Program

Employees at Tipico are constantly

updated through a showcase of the

company’s results. This is done through

various methods; internal emails, weekly

departmental meetings and C-level

management conduct monthly meetings

with the entire workforce. Tipico keeps

employees informed to enable them to

be involved in sustainability discussions

and planning, which is an ongoing process.

When disclosing such information,

especially when showcased by C-level

management, it shows the level of

transparency offered by the company.

Tipico invests time and money to produce

an annual Tipico and Partners Conference,

where colleagues from foreign offices are

also invited to Malta. The objective behind

the conference is to show the progression

achieved over the previous year and to

present the plans for the upcoming year,

which continues to show consistency

levels for improved progression.

AliIgnment of PR to be sure all

messaging is consistent

It is important for companies to show

alignment of PR and to be sure that all

messaging is consistent; this maintains a

sense of trust, clarity and transparency.

Tipico stresses the impoortance that all

internal communication is consistent

through its intranet, while it has its own

corporate communications management

to control and approve all external PR. This

is a great investment to have within such a

big organisation as it is easy to have existing

silos and inconsistency gaps from PR and

marketing communications.

Provide meaningful incentives

to encourage interest

Forming part of such a competitive market

for head hunting, companies have to invest

to create the most attractive working

environment. Tipico invests well in various

benefits and other value added incentives,

making it one of the best places to work

in Malta. Such benefits and incentives

within the company include health &

dental insurance, good salary packages,

sport initiatives, social events, office with a

sea-view, healthy treats, referral bonuses,

training, career progression and many more.

2016 saw Tipico Careers achieve three new

awards, with their most recent Sigma award

being awarded for ‘Best Careers Program


In next month’s edition we will look forward

to feature one of the industry’s most

prominent and active employer brands,

Videoslots.com. MBR

Summit of IGaming Malta 2016, Tipico Stand

Thomas Mahoney (MBA) is an Employer Branding




Malta Business Review

Malta’s approval may pave way for

bitcoin’s global gaming expansion

by Jasmine Solana

Apart from trading, real-world use

cases for digital currencies are starting

to emerge. In the gambling sector, the

popular cryptocurrency has recently

been recognized by the UK Gambling

Commission (UKGC) as an acceptable

payment method available to its licensees.

Malta’s approval may pave way for bitcoin’s

global gaming expansionHowever, other

global regulators—like the Malta Gaming

Authority (MGA)—have yet to follow.

And this, according to investment broker

Exante, is dampening the prospects of

digital currencies.

“The acceptance of bitcoin as payment

method would no doubt help popularize

it among online casinos and gamers

while also attracting bitcoin casinos that

currently use fiat currency,” Exante said

in a statement.

The MGA is still taking a wait-and-see

approach towards allowing its licensees to

handle transactions in digital currencies.

Joseph Cuschieri, executive chairman of

the gaming regulator, said they received

“very few requests” from licensees

looking for authorization to handle

bitcoin transactions—requests that

MGA had “always refused” because he

believes the use of such technology by

MGA licensees are “a risk.”

BitStarz, however, is of different

opinion. The Malta-based bitcoin casino

believes the adoption of Bitcoin would

open up opportunities for spreading

cryptocurrency in the gambling industry.

According to BitStarz marketing manager

Sasha Jade, the problem lies in the fact

that fiat money casinos, which still hold

99% of the gaming market, currently do

not accept Bitcoin.

“The recognition of Bitcoin by Maltese

gaming authorities in the years ahead

would allow Bitcoin to get on the global

gaming market and expand into Asian and

Russian markets,” Patrick J O’ Brien, Exante

communication director, said in a statement.

Cuschieri said the MGA plans to take

a proactive approach and is looking

at “adopting a national approach” to

cryptocurrencies, such as collaborating

with Malta’s Central Bank, the Financial

Intelligence Analysis Unit and the Malta

Financial Services Authority.

Current bitcoin price and trade volume

The price of bitcoin dropped to $717.53 on

Thursday morning, with a trade volume of

$7.4 million. MBR

Creditline: Linkedin; MGA

Web: www.daikin.com.mt Email: info@maa.com.mt Tel: 2385 0400



Malta Business Review

Emotional Intelligence

Engaging Emotional Intelligence

By Martin Vella

Recently, we had the opportunity

to speak with Ms. Jackey Backman,

specialist in Emotional Intelligence, soft

skills development, and organisational

and personal behavioural change. A

candid yet compassionate international

speaker and trainer who has delivered

highly motivational and lifechanging

presentations to more than 35,000

people during the past 20 years.

She’s been visiting Malta for over ten

years and we want to know more about

what she does while in Malta.

MBR: Ms. Backman, I understand you

have been professionally teaching

various aspects of Emotional

Intelligence competencies including

Neuro-Linguistic Programming (NLP)

for almost for more than 15 years you

have a stellar reputation for helping

people transform their personal and

professional lives.

JB:“Thank you”

MBR: One of the buzz words I hear a

lot in the context of success in business

“Emotional Intelligence”. I understand

you are certified in EQ competencies,

tell me a little about Emotional

Intelligence how that relates to Neuro

Linguistic Programming.

JB: “Human beings are driven by their

emotions. Traditionally organisations

have invested a paramount amount

of money in ensuring that employees

acquire the technical aspects of job

performance. Rightfully so.

other humans and their emotionally

driven needs. So in other words if you

can’t manage your insecurities or anger,

if you can’t present yourself confidently,

communicate clearly, put people at ease

etc. even having five PHD’s isn’t going

to keep you employable, not for long,

nor give you the success you deserve.

MBR: Ok so then what exactly is

Neuro Linguistic Programming (NLP)

and why is receiving a certification in

NLP so crucial for any entrepreneur or

business professional?

JB: “NLP is the study and application of

personal excellence. I wouldn’t go so

far as to say that it was “crucial” but without

it you just aren’t going to have the edge

on hiring the best people, finding the best

clients or out performing your competitors.

It’s a little tricky but let me explain a

little more about how our brain works in

conjunction with our mind. We create

internal representations of our experiences

and then react to our interpretations based

on what we believe they mean.

Conditioning determines our current beliefs,

values etc, which in turn directly affect

which internal “interpretations” should

representations to remind consistent with

explanation lingo. Small but made me stop.

What they have come to discover

however, is that technical skills and

industry knowledge alone are not the

recipe for success. As human beings our

true success is completely dependent

on our ability to manage our own

emotions and our ability to deal with

Jackey Backman


Emotional Intelligence

Malta Business Review

Learning NLP amongst many other

things, shows you exactly how to

identify limiting beliefs and outdated

values so you can make the necessary

changes to your natural, automatic

internal processes.

NLP in my experience is

by far the best Emotional

Intelligence development

modality available

Everything from your self confidence,

presentation skills, efficiency and clarity

in communication are at your disposal to

adjust at will.

Productivity sky rockets, Strategic

thinking skills are unleashed and the

ability to create well formed, ecologically

sound goals and strategies becomes

habitual. You’ll be able to differentiate

between a good decision and a bad

decision and best of all manage your

emotional state under any circumstance.

This is far beyond putting on strong

exterior, what I’m talking about is a tool

set that will exhilarate your ability to

self actualise.

There isn’t a professional out there

who can afford to be an emotional,

reactionary mess, consistently running

out of time and without the ability to

effectively plan, project and forecast.

Jackey Backman

NLP in my experience is by far the best

Emotional Intelligence development

modality available, that’s why I teach it”

Being a professional in today’s business

world provides all kinds of performance

challenges for entrepreneurs,

executives and staff a like.

MBR: What are some of the problems

NLP solves for performance issues

at work?

JB: “All of them. I’m not being cocky.

There is a caveat however;

If the person can accept the fact that

just because they don’t know how to do

something doesn’t mean it can’t be done,

then I can work with them successfully.

CEO, Director, VP, regardless of their

position, if someone wants get past


whatever is limiting them, I can show

them how. They just have to get out of

their own way and the first step is having

the courage to ask for help.

Again I’m not being cocky, in a senior

level position it takes a tremendous

amount of courage to step up and admit

they don’t know something - in some

circles it could challenge their position -

or at least they think it would. I’m always

humbled by those who are willing to

take that chance and I’m honoured to

work with them.”

MBR: NLP has gotten some negative

publicity as well, what’s the proof that

it works?

JB: “The results. Ask someone

I’ve worked with, whether in a

corporate environment through

leadership development/performance

management or through one of my many

workshops or my private clients. They

may not be able to tell you exactly what I

did but they will tell you I delivered, and

beyond. I guarantee it. “

I recommend that if you are a

professional, executive, entrepreneur,

or just plain ready to take things to the

next level visit www.nlptrainingmalta.

com today and download Jackey’s free

information package. If you’d like more

information on how Jackey can help you

or your organization contact her for a no

charge consultation at

jackey@nlptrainingmalta.com. MBR

All Rights Reserved/ Copyright 2016

Jackey Backman specializes in emotional intelligence, soft skills development,

and organizational and personal behavioural change. She is a candid yet

compassionate international speaker and trainer who has delivered highly

motivational and life-changing presentations to more than 35,000 people during

the past 20 years. In her talent development and management consultancy she

works exclusively with start-up to mid-size companies (up to $50MM). Through

her highly integrated Business Operating System (BOS), she consults with and

teaches senior leadership executives and middle management the essential

processes by which organizations build well-founded, exceptionally well-formed,

solid teams. The whole process is designed to maximize human potential and

nurture healthy productive work environments to facilitate exponential growth. Through her personal

development training company, One Spirit Inc, she offers certification programs in Neuro Linguistic

Programming, and provides workshops and retreats for individuals ready to go beyond conventional

thinking to lead exceptional lives. Through the Emotional Intelligence Soft Skills Academy (EISSA),

a division of One Spirit Inc., Jackey provides public workshops where organizations can send select

individuals for highly specialized and advanced training in various soft skills including ultimate sales,

assertiveness, communication skills, and dealing with conflict and confrontation.



Malta Business Review

EU Pre-Presidency

A new momentum and platform

to rebuild trust in the EU Project

In the current circumstances, the two

overarching objectives and priorities of

our Presidency are to ensure the long term

sustainability of the Union, and to restore

belief in the European project, said the

Minister whilst speaking during the Malta

EU Pre-Presidency Conference.

The Minister for European Affairs and

Implementation of the Electoral Manifesto

said that recent events especially the tough

financial upheavals, migration, security,

terrorism and Brexit have traumatised the

European Union. These have contributed

to a large degree to the re-emergence

of extreme nationalism, protectionism,

xenophobic and geo-political tensions, he


Minister Grech stated that at this delicate

moment in time of Europe’s history, one

must focus on the issues that address

the legitimate concerns and expectations

of the European citizens that cause the

citizens to lose confidence in the Union.

He said that Europe needs to address

concretely the uncertainty, fear and

inequalities felt by its citizens.

He reiterated that the Dutch, Slovak and

Maltese Presidencies are guided by five

pillars which are aligned with the EU’s

Strategic Agenda. These areas include

jobs, growth and competitiveness;

empowerment and protection for all

The Minister for European Affairs and Implementation of the Electoral Manifesto Louis Grech

Photo: DOI-Reuben Piscopo

citizens; energy union and a forwardlooking

climate policy; freedom, security

and justice; and the Union as a strong

global actor. Minister Grech outlined that

the priorities of the Maltese Presidency fit

into these baskets.

On Brexit, he stated that once Article 50

is activated, a pragmatic approach to

negotiations should be adopted, that

should lead to fair, clear and swift solutions

which address the complex realities.

The Minister remarked that the Malta

Summit in February will continue the

reflection that has started in Bratislava, and

prepare for the 60th Anniversary of the

Treaty of Rome. This should be an occasion

to find a new momentum and a platform

to rebuild trust in the European project in

a viable and sustainable way right in the

middle of the Maltese Presidency, he said.

He also quoted today’s edition of the

EurActiv, where they wrote that the

Maltese Presidency is gearing up for the

perfect storm. He said that admittedly

the challenges are sensitive and complex,

however with the right leadership, sense of

vision and in-built flexibility the European

ideal will face its challenges successfully

and withstand the test of time.

Parliamentary Secretary for EU Presidency 2017 and EU Funds, Dr. Ian Borg with Minister Grech

Photo: DOI-Reuben Piscopo

Minister Grech concluded that there

is no other option for Europe to turn

these setbacks experienced during these

extraordinary difficult times into potential

and viable outcomes for the future of the

European project. MBR





Malta Business Review

Malta’s growing tech community in Lisbon for Web Summit

Minister for the Digital Economy meets Maltese start-ups

More than 150 delegates from Malta

participated in this year’s Web Summit,

an annual event that brings together techrelated

interests from across the globe. It

is Europe’s largest technology marketplace

where current and future trends are

explored and some of the most promising

tech start-up concepts are showcased.

Tech start-ups are businesses that

leverage ICTs to execute a repeatable

and scalable business model. Start-ups

typically come from humble origins, with

small entrepreneurial teams passionate

about turning a novel idea into a market

innovation. By attracting venture

investment, start-ups deploy scaling

strategies to quickly transition from a new

venture, to established market leaders.

Companies like Spotify, Airbnb and Uber

were all once a tech start-up pursuing such

a strategy.

Malta’s presence in this year’s Web

Summit was strengthened through the

setting up of a dedicated Malta booth the

event exhibition area and the participation

of a significant number of Maltese

companies. The Malta booth managed

and manned by representatives from

the Malta Communications Authority,

MIMCOL and TradeMalta was aimed at

promoting Malta as an ideal location for

starting a digital business and showcasing

Malta-based start-ups. Seven Maltese

companies were given the opportunity

to pitch their concept through the

Alpha programme, with six benefitting

from the internationalisation incentives

administered by TradeMalta.

Minister for Competitiveness and Digital,

Maritime and Services Economy Emmanuel

Mallia was also invited by the organisers

to take part in roundtable policy dialogue

with other European policy stakeholders.

His presence was particularly valued in

view of the imminent European Presidency

that has the Digital Single Market and

the evermore competitive digital global

economy high on the agenda.

In a meeting with the tech entrepreneurs,

Minister Mallia lauded the ambition

and creativity of these individuals. He

welcomed Malta’s strong presence in such

an important European event, arguing that

this augurs well for Malta’s future ability to

compete in the international digital scene.

He added that Malta is more than ready to

Minister for Competitiveness and Digital, Maritime and Services Economy Emmanuel Mallia

Photo: DOI-Reuben Piscopo

welcome any start-up. He also encouraged

Maltese nationals not to shy away from

the world of entrepreneurship, to be

ambitious and to think global.

Future technologies, such as advanced

robotics and self-driving cars, as well

as business opportunities related to

finance, internet of things and content

were the main themes addressed at Web

Summit 2016. Attendees also engaged

in discussions on the changing worlds

of sports, music and health. The “startup

university” provided delegates with

insights on successfully starting up and

growing a new tech venture.

Web Summit was held in Lisbon between

the 8 and 10 November and was attended

by 53,000 delegates from 166 countries.

Events like Web Summit are important as

they aid tech start-ups grow their network,

validate their business models and attract

investment. MBR





Malta Business Review

Skillsoft Programme

MITA engages ISL for

Skillsoft® eLearning

Enterprise-wide initiative to benefit over 100 employees

MITA, the public sector agency that is

driving Government’s Information and

Communications Technology (ICT) policy,

programmes and initiatives in Malta, has

engaged Information Systems Limited to

provide Skillsoft’s eLearning programmes in

Project Management, IT and technical skills

for 12 months to over 100 of its employees.

ISL first delivered a three-week pilot

programme for a number of employees at

the Malta Information Technology Agency

earlier this year. The Agency decided to

engage ISL on the one-year enterprisewide

licence from which staff from various

departments will benefit on the basis of

the highly positive feedback received via

an online survey with the participants in

the pilot.

All the MITA employees will be accessing

the eLearning programme through

Skillsoft’s skillport 8i platform. Among

the benefits of this platform are that:

• it is fast and easy to deploy. No apps

are installed on your PC/laptop/device;

• eLearning content is accessible from

anywhere on a 24x7x365 basis via the

user’s favourite web browser;

• it is desktop/mobile/tablet ready;

• content (including mentoring) can be

revisited and accessed for the entire

duration of the licence (one year); and

• it supports Web Accessibility, Skillsoft’s

implementation of Section 508 and

W3C compliance standards, which it

supports and promotes in its software

applications and courseware.

Skillsoft software works with several

assistive technologies, which are any

electronic or information technologies that

allow individuals with disabilities to use

information on a computer that they would

not be able to access otherwise.

Skillsoft supports the following assistive


• screen reader software (a speech

synthesiser technology that converts

text to audio);

• shortcut keys for all mouse actions;

• alternative images to replace animated

graphics; and

• elimination of screen refresh rates

between 5 Hz and 55 Hz, which can

cause seizures for some individuals.

ISL held three familiarisation sessions at

MITA to take participants on a tour of all

the eLearning programmes they would

have access to and to give them an idea of

what to expect.

Mr Jesmond Mizzi, Human Resources

Manager at MITA, said: “We are confident

that the Skillsoft eLearning programmes

our staff can access will further enable

the Agency to deliver on its three core


• its transformation approach towards

its programmes and projects –

to transform the way they are

engineered together with their

delivery, their return on investment

and the enhancement of the allround

value they effectively provide;

• its innovation approach – the

aspiration to become the leading

innovator within the public sector

and one of the prime movers in the

innovation circuit in Malta by thinking

creatively in respect of its people,

technology and operations; and

• its excellence approach, which

strengthens the Agency’s craving for

continuous improvement at all levels.

This puts fostering and encouraging

an ongoing culture of learning high

on our list of priorities.”

Mr Simon Calleja-Urry, Director of ISL,

said: “We are proud that Skillsoft’s

eLearning programmes are accessible to

all users, even those with disability, so the

entire cohort selected by MITA to follow

these programmes in the coming months

can take the maximum benefit in the most

flexible way possible.

“No fewer than twenty-four (24) Skillsoft

eLearning programmes will be accessible

to these MITA employees for the duration

of the licence.” MBR

For further information, visit www.isl.com.mt



Malta Business Review

The new Audi Q2 ………. #untaggble!

Speech by Chev. Maurice Mizzi on the launch of the Audi Q2

Good evening ladies and gentlemen,

and thank you for joining us here

this evening for the launch of the

much-anticipated Audi Q2. Soon you

will see why!

Audi are promoting the latest addition to

their Q family as Untaggable.

I am sure you are all wondering what this

untaggable tag means.

The new Q2 is not just a scaled down Audi

Q3. It represents a totally new segment

for Audi and a completely new design

direction than that of its larger brothers

and of the total car market. In other words

– It is unique. With its new Octagonal

radiator grille, Coupe’ like roof line and

distinctive concave flanks in the door area,

the Audi Q2 separates itself from its larger

brothers in both looks and purpose.

However, this separation is only skin deep.

The new Q2 retains all the virtues that

have become synonymous with the Audi

brand albeit in a new Stylish and Sporty


From its state of the art Safety and Driver

Assistance systems to its versatile and

intuitive infotainment system, the new

Q2 is a no compromise contender in this

segment offering all you would expect

from any Audi.

Audi also offer a selection of six engines

for the new Q2: Three TFSI and three TDI

engines are available with power outputs

ranging from 116 hp to 190 hp.

The engine program follows the

principle of rightsizing. This is

about striking the perfect balance

between vehicle class, engine

displacement, power output,

torque and efficiency.

Whatever engine you may choose,

rest assured that all offer superb

driving dynamics and efficiency.

And now, the million Dollar question!

How much does this exciting new Audi


The new Audi Q2 can be yours for as little

as €24,900 (or € 24,200 including the

Government scrappage scheme)

I strongly recommend that you take

the opportunity to book a test drive of

this great new car to experience the

Untaggable first hand. You can do this

here this evening.

……..And finally, the moment we have

all been waiting for…..Ladies

and Gentlemen…..The

new Audi Q2!! MBR



Malta Business Review


Work-based learning and apprenticeship law

launch of public consultation

The Ministry for Education and Employment has embarked on an internal and external consultation process to develop the

proposed Work-Based Learning and Apprenticeship Act which provides a framework for the development of effective Work-

Placements, Apprenticeships and Internships.

The proposed Act is based on:

research conducted by the European

Centre for the Development of

Vocational Training (CEDEFOP)

with local learners, educators and


• a review of international legislation

on traineeships and benchmarking of

best practices within countries leading

in the field of vocational training.

The main developments brought about

by the proposed Act are the introduction

of the:

• Government subsidy to bridge the gap

between the learner’s current income

and the minimum wage rate;

• Rights and obligations of learners

as employees, for the duration

of the Work-Based Learning part

of the Training Programme, in

compliance with the Employment

and Industrial Relations Act, Young

Persons’ Employment Regulations,

Social Security Act and the respective

subsidiary legislation;

• Governance structure to protect the

rights and obligations of trainees and


Work-based learning, apprenticeships, and

similar forms of learning, are regarded

as an important part of any country’s

development and the provision of highquality

services. Vocational education

and training systems that use work-based

learning tend to be more effective in aiding

the transition of young people into jobs.

By alternating between school and work,

learners develop the practical knowledge

and skills employers seek.

Work based learning also supports the

development of the soft skills of the

learner, which employers often refer to

in discussions about mismatches in the

labour market. These types of skills are

difficult to acquire in a traditional school

setting. In short, high-quality work based

learning programmes are about preparing

individuals and aiding development of

knowledge, skills and competences that are

in demand in the labour market.

Developing policies and programmes to

ensure the availability of a high-quality,

highly-skilled labour force, is currently

broadly promoted at European and

Member State level, aiming to improve

service quality, capacity, capability,

efficiency and to meet the demands of

contemporary economies. MBR

Consultation document can be accessed on

the following URL: www.edu.gov.mt/wbl

Ways to respond:

Email to: wbl.konsultazzjoni@gov.mt

Or Write to:

WBL Consultation Office, Office of

the Permanent Secretary, Ministry for

Education and Employment, Great Siege

Road, Floriana VLT 2000​, Malta






Malta Business Review

A Multidimensional experience in Malta, launched during SiGMA, to enjoy

with friends and colleagues, anywhere and anytime;

BtoBet decided to introduce a preview of its new concept of Omnichannel specifically at SiGMA - the biggest international iGaming

expo in Malta - as the perfect environment to showcase BtoBet’s silent and effective technology to the industry.

Exclusively at Sigma, a preview of the new hyperreality that will be launched in London.

At the exhibition center, at booth B99,

immersed in a totally silent atmosphere,

BtoBet will give the opportunity to live a

show in the show, in an unusual, active

and trendy way. Attendees will hear just

the voice of technology. Here, visitors

will have the opportunity to try the first

multi-dimensional experience, through

Augmented Reality, realized for the

iGaming industry.

What should they do once at Sigma? Look

for BtoBet’s totem or special postcard and

follow the instructions:

• download the app scanning the QR

code with the smartphone

• point the logo and see BtoBet’s new

testimonial, S1mOne, coming out

• enjoy with S1mOne and follow her

adventures till ICE 2017 where she

will demonstrate what she can do for

all the betting and iGaming operators

both online or land based.

The multidimensional experience with

S1mOne will continue also after the show,

keeping the special postcard with the QR

code at home, in the office, having fun

with friends and colleagues.

Additionally, at the Intercontinental hotel

BtoBet’s CEO, Alessandro Fried, will be

speaker at the conference “Omni-channel

sports betting”, on the 17th November at

11.00, at the Sports room.

Fried states: “During the panel I will

discuss with other professionals about the

emerging trends of online and land based

business models, the related sources of

traffic and their future in the Gaming


About the BtoBet’s presence at Sigma,

Fried comments: “BtoBet has just been

nominated finalist in the category

About BtoBet

“Innovator of the year” at Malta iGaming

Awards. At booth B99 we will give a preview

of a total new player’s A.I. tools that can

improve betting shops’ players retention.

How? By integrating the Augmented

Reality in our high-tech software.”

To discover more about the evolution of

Omnichannel solution, it is possible to

download the dedicate white paper “Land

-based and online sports betting business

model. Is the Omnichannel solution the

way forward?”



BtoBet is a pioneer in new technologies for iGaming operators and the betting

industry by using technological intelligence as its main base for its products. It

offers unique, customizable, secure and flexible cloud-based systems delivering

unprecedented capabilities to drive sportsbook and iGaming business. BtoBet has 13

offices. The Technical team of the company is in Skopje and has an ever growing team

of developers. BtoBet’s dynamic Sportsbook team operates from Rome, whilst Malta

hosts the commercial and marketing center.

Visit our site on: www.btobet.com



Malta Business Review


Values for Humanity

When the future of our world and the values we defend are tested, I would like to share a

memory, to celebrate the recent nomination of António Guterrez to post of UN Secretary

General, and, above all, to encourage him in his mission.

One day in the summer of 2015

A memory...

I had the honor of guiding António Guterrez,

already then the UN High Commissioner for

Refugees, through a private visit to the Dream

of Humanity exhibition on the banks of the

Seine in Paris.

The exhibition displayed images on the

theme of humanity, on the theme of exile

and displayed seven large panels bearing

different key values translated into the

languages of the world.





Hope Respect


The new mission of António Guterrez,

more than ever after today, is to

spread these values and to encourage

each nation to fight for them, so that

they are not trampled. MBR

Courtesy: Reza




Malta Business Review

Malta ready to work towards fair and balanced EU trade policies during Presidency

Minister Chris Cardona in Brussels

Hon Minister for the Economy, Investments & Small

Business Dr Chris Cardona, Photo: MEIB

The Minister for the Economy,

Investment and Small Business Chris

Cardona has welcomed EU efforts to

bring forward ideas on how to improve

and strengthen mechanisms against

unfair trade practices in the overall

context of EU economic interests.

Speaking at a meeting of EU ministers

on the Union’s trade policies, Minister

Cardona stressed the importance of

creating a level playing field for European

enterprises, notably SMEs, in line with

World Trade Organisation rules. Within

this context, he expressed Malta’s support

for the need to modernise the EU’s Trade

Defence Instruments. He expressed his

hope that a compromise will be found

amongst Member States as to how these

instruments can be as effective and

balanced as possible for economic actors

within the EU.

Malta remains a strong proponent of

international free trade as a crucial

instrument in bringing about universal

economic prosperity. During its

upcoming Presidency of the Council of

the EU, Malta will be ensuring that both

internal discussions on trade defence,

as well as trade negotiations with thirdcountries,

move forward in the interests

of all stakeholders

During the meeting, ministers also

discussed the ongoing EU Free Trade

Agreements with Japan and Mercosur,

which is an economic bloc within South

America. Minister Cardona stated that

Malta considers Japan to be a very

important economy with which the EU

already has strong commercial ties. He

added that an agreement with Tokyo is a

natural progression of such ties and that

he is confident that a free trade agreement

which benefits both economies is within

reach. Similarly, Minister Cardona stated

that successful negotiations with Mercosur

countries will provide EU companies with

access to an important market that has

high potential in terms of size and future

potential growth.

Finally, ministers discussed the state

of play regarding negotiations with the

United States of America on the TTIP

(Transatlantic Trade and Investment

Partnership). In this respect, Minister

Cardona stated that the agreement should

remain a priority, while also cautioning

that the concerns of EU citizens must be

listened to by politicians. He augured

that the new US administration will take

forward the current negotiations which

promise to benefit the economies on both

sides of the Atlantic. MBR



Malta Business Review

banking news

Al Faisal International for Investment acquires

78.46% holding in Banif Bank (Malta) plc

Plans to support the Bank’s growth and diversification

Al Faisal International for Investment

(“AFII”), the Financial Investment Company

of Al Faisal Holding Company, one of

Qatar’s largest private diversified industry

groups, announces that it has acquired a

78.46% shareholding in Banif Bank (Malta)

plc, a key player in the Maltese financial

services industry.

Banif Bank (Malta) has been operating

since 2008 and currently provides a full

range of commercial banking services to its

approximately 30,000 customers through a

network of twelve branches and its three

corporate and business banking units.

AFII has completed the acquisition of

the 78.46% stake from Oitante, S.A.,

following receipt of regulatory approval

by the European Central Bank and the

Malta Financial Services Authority. The

remaining 21.52% of Banif Bank (Malta)’s

shares are held equally by four Maltese

shareholders. AFII will appoint three

Non-Executive Directors to the Bank’s

eleven person Board.

AFII and Al Faisal Holding have a strong,

global track record of long term investment

across a range of sectors, adding value and

allowing businesses to develop and fulfil

their potential. In line with this approach,

AFII will be providing Banif Bank (Malta)

with additional capital resources to further

strengthen the Bank’s capitalisation and

to support its focused diversification and

expansion plans. These plans include

enhancing the Bank’s existing range of

services for retail and corporate customers

and the development of new private

banking and investment banking services.

H.E. Sheikh Faisal Bin Qassim Al

Thani, Chairman of Al Faisal Holding,


“Banif Bank Malta has quickly established

itself as an increasingly important part of

Malta’s financial services landscape and

it is a bank in which Al Faisal is proud to

have become the majority shareholder.

Across the globe, Al Faisal’s strategy is

to establish market-leading standards

of operation and service in every region

and sector in which we operate and Banif

Bank Malta will be no exception.

“Banif Bank Malta is a well-resourced,

well-managed bank with exciting growth

potential and a good platform upon which

to build. The Bank shares our values

of excellence in service and corporate

governance and has worked hard to

develop strong retail and corporate

customer relationships - for example

through its high levels of customer service

and care, expanding ATM network and

robust digital banking facilities.

“This is a significant move for us; Banif Bank

Malta will be Al Faisal’s first financial services

investment in Europe and we expect it to

be the first of more investments in Malta

across a number of different sectors. I can

assure all the Bank’s stakeholders that as

experienced, long term investors in high

quality businesses, we will ensure that its

management and staff have the necessary

capital and resources to gradually expand

the business and to provide new and

existing customers with an enhanced and

diverse range of market-leading financial

services. We are confident that with Al

Faisal as its majority shareholder, Banif

Bank Malta will move into a new phase of

growth and development.”

Joaquim Francisco Da Silva Pinto, Chief

Executive Officer of Banif Bank (Malta),


“Banif Bank Malta welcomes Al Faisal

International for Investment as our majority

shareholder. While in the short term it will

be business as usual for our customers as

we consolidate and expedite our current

growth strategy, with the backing of such a

major, global investor we look forward to

leveraging new resources and expertise

to further develop and enhance the

Bank’s services and relationships with all

our stakeholders.” MBR


eal estate news

Malta Business Review

Zanzi Homes, QuickLets estate agents

to obtain certification with LEAD Training

By Malcolm J Naudi

Some 110 estate agents who work with the up-and-coming real estate agencies Zanzi Homes and

QuickLets are to follow a professional certification programme with LEAD Training Services.

The programme, aimed at individuals

seeking to comply with the academic

requirements laid out in the White

Paper on Malta’s Property Codes and

Regulations, published earlier this

year, enabling them to obtain a real

estate agent licence, will be an MQF

Level 5 CPD Award accredited by the

National Commission of Higher and

Further Education (NCFHE).

The Real Estate Agent Professional

Certificate programme consists of nine

modules with a total of 55 hours of

lectures. Entry requirements are four

‘O’ Levels, including Mathematics and

English, or three years’ experience in

sales or business development.

Zanzi Homes, set up end 2015, focuses

solely on residential and commercial

property sales across the Maltese

islands. Its mission is to offer vendors

and purchasers the best deal possible

as quickly as possible. It has gone out

to attract the top sales specialists on

the island through its state-of-theart

technology and down-to-earth,

professional work ethic.

Currently, Zanzi Homes and QuickLets

Group has nine branches in Malta,

with its largest offices located in St

Julian’s, Swieqi and San Gwann, each

with a dedicated team. One of its goals

is to become the top estate agents in

Malta. Its sister company, QuickLets, is

Malta’s fastest growing letting agency,

with a focus on building relationships

with its clients.

“We are fast, reliable, outgoing,

upfront, polite, professional and,

most of all, friendly,” according to cofounder

Steve Mercieca. “We also focus

on clients’ needs, wants and demands

to find them the right property at

the right price. The Federation of

Real Estate Malta said that the new

real estate agent licence will create

a level playing field in the market for

all the agencies, so Zanzi Homes and

James Grech, Managing Director of LEAD Training Services (on left) with Steve Mercieca, Co-Founder of Zanzi

Homes and QuickLets

QuickLets want their agents to be as

educated as possible.

“We want to work by the book and give

our agents the best training possible”

he said.

James Grech, Managing Director of

LEAD Training Services, said: “The Real

Estate Agent Professional Certificate

programme, also being offered as a

public programme open to all aspiring

real estate agents in Malta, was

designed from the ground up in full

compliance with the requisites as laid

down in the White Paper.

“We have put together an excellent

team of lecturers who will cover

areas like economics, notarial and tax

matters, data protection, anti-money

laundering, sales and negotiating skills,

valuation and property analysis, and

fundamentals of financial management

amongst others. The course which

is 55 lecturing hours long split over

a number of weekly evening sessions

will run from 23 November 2016 to 27

April 2017 and lectures will be held at

the Tower Training Centre in Swatar.

“I believe that interested participants

should not register for this course just

for the sake of obtaining an eventual

working licence, but because they

believe that the knowledge they will obtain

from this course will help them perform

their work in a more professional way for

the sake of themselves and their clients.

Knowledge and continual professional

education is the key to professionalism

and success, and the real estate industry is

no exception,” Mr Grech said. MBR

For more information and registration,

visit http://leadtraining.com.mt/realestate-agent-professional-




Malta Business Review

building & construction

Mother Nature on the

By Antoine Bonello

Planter after waterproofing completion

Green roofs and roof gardens are

slowly, slowly leaving their mark on

our island. Plants have the ability

to reduce the overall heat absorption of

a building, which in turn reduces energy

consumption. The primary cause of

heat build-up is the absorption of solar

radiation and plants can create a thick

shield with their leaves that can reduce

heat intake by 87%. The ultimate success

of a rooftop garden depends largely on a

proper design and installation.

Prior to any intervention on the roof it

is important to assess the weight it can

withstand, this to avoid any structural

problems and building damages. It is

therefore recommended that a proper

inspection is carried out by an architect,

thus making sure that heavy planting pots

or the heavy soil of the planters can rest

on the said roof.

The second and the most important thing

to apply is the waterproofing. The time

and expense associated with removing

of planters, repairs of the membrane due

to water infiltration prohibit the use of

economical solutions; avoid plastic and

acrylic based compounds/membranes

or bitumen carpet solutions as they are

not designed to withstand stagnations,

traffic, and structural movements.

Low quality waterproofing products are

not meant to be exposed to constant

water build up, which in a garden

construction could exist for months

due to saturated soil. Same thing can

be said for the substrate waterproofing

systems as they might also be exposed to

ground soil chemicals. Properly applied

waterproofing systems can have a service

life that matches the life of the building.

This is an important characteristic

because unlike roofing materials, the

waterproofing materials are inaccessible

and the expenses associated with repairs

an replacement are substantial primarily

due to excavation costs and removals.

The membrane system used in planters

must be durable enough to resist

mechanical damage from gardening tools,

the penetration of plant roots, and last

without repair or replacement for the life

of the building. On the contrary exposed

roof membrane materials are constantly

subjected to weathering elements like

sun, wind, rain, ice, etc. For the most

part the water build up is drained from

these areas within 48 to 72 hours. Proper

roof systems made from resin materials

generally have a service life of 10 to

20 years prior to any remedial actions.

Their remedial whether it is removal or

recoating can be accomplished very easily

and unlike planters and pots it creates

minor inconveniences in the building due

to ease of accessibility to the roof.

A watertight roof is critical to successful

green roofs of roof gardens construction.

While some roofs are essentially

waterproof when built, most will require

some form of treatment to prevent water

entry into the building. Waterproofing

treatment must provide a strong but

flexible layer that allows expansion under

physical or thermal movements of the

building structure, without compromising

water tightness. Vegetation generally

should not be installed over areas such

as expansion joints, where regular

inspection of the waterproofing will be


A green roof with many fixings or

penetrations, such as for lighting, water

drains and ventilation can only be

waterproofed with liquid based materials

in order to have a perfect seamless

solution without any weak spots from the

bonding seams.

Waterproofing membranes must be

resistant to traffic and strong enough

to protect from chemical damage. This

includes cuts and tears, the action of

invasive roots and stems, and exposure

to the elements. All membranes will

become brittle over time, and this is

accelerated by exposure to cold, heat and

UV rays from sunlight. A green roof will

shield the membrane from damage and

can significantly lengthen its life span.

implementation of fibre glass reinforcement


uilding & construction

Malta Business Review


Root resistance may be built into

waterproofing membranes either by

the addition of root-inhibiting chemical

treatments, or because the composition of

the membrane provides an impenetrable

barrier to root growth. Root resistant

waterproofing in liquid form is quicker

to install than separate waterproofing

and root barrier layers, however, the

root-resistance of a product must be

confirmed with the manufacturer, with

certification provided.

In Malta only a handful serious

companies manufacture/import and

install the materials themselves, thus

assuming the full responsibility for their

works. The majority of the waterproofing

is likely to be installed by a third party

waterproofing contractors. If it is the

case the involvement of an independent

contractor means that a clear agreement

between all parties must be established

for responsibility of the waterproofing

membrane once it has been installed and

certified as watertight. On this matter

we recommend to make sure that the

waterproofing contractor is a member

of the Malta Professional Waterproofing

and Resin Flooring Association, only

this way you are guaranteed that the

person is traceable, accountable and

has a proper training background on the

matter. The Waterproofing Association

gives the possibility to all installers on

the island to properly learn how to

apply modern waterproofing systems,

the forth coming seminar will be held

on 24th – 26th November 2016. The

seminars are lectured by prominent

Italian architects and installers, further

information can be obtained by visiting


A very effective an simple to apply

material that can be used by professionals

and DIY is liquid resin-based polymer

membrane with high strength additives

implementation of root reppellent membrane

and selected bitumen. It does not require

an anchoring primer. This product can be

applied with a roller, brush with synthetic

bristles or airless pump. A similar product

is the Fibro Dark that contains specific

micro fibres inside the product and does

not require a reinforcing net.

Once the waterproofing of the roof

and the planters are solved you can

implement the rest as you please and

with the wildest and exotic plants Mother

Nature have given us. MBR



Malta Business Review


Workshop Empowering Women

with the Confidence to Defend Themselves

A series of workshops are being organised

in Malta aimed specifically at women. The

one-day courses have been developed as a

response to the variety of ever increasing

risks that the modern world presents. The

aim is to educate and train women in their

own ability to defend themselves by staying

aware and avoiding confrontation through

common sense and confidence.

“Confidence in your own ability to defend

yourself comes with educating yourself

about it, and is a massive advantage when

in an unsafe situation.” These were the

words of top US fashion model Gigi Hadid,

quoted in Grazia Middle East, following an

unsolicited assault at Milan Fashion Week in


The Malta based company organising

the workshop, EQUIPP, is a training and

consultancy organisation that specialises in

services related to personal and travel safety.

Spread over one full day, the courses are

made up of various modules that cover

everything from identifying a problematic

situation to how to ensure personal safety.

The knowledge gained can be applied in

any situation faced during day to day life.

The first course will take place on 19th

November and special prices are available

for early bookers and group bookings.

For more information and to book, email

EQUIPP on info@equipp.com.mt, call on

27133903 or visit www.equipp.com.mt

Notes to Editors

EQUIPP was set up by its Founder George

Turns to give something back; having

gained a huge wealth of knowledge and

experience spanning decades of travel

across several high risk regions, he identified

an opportunity to exchange that knowledge

in order that others may benefit.

George’s career spans several decades

with seventeen years in the British

military including specialist Anti-Terrorism

experience in several countries across the

globe. For the last 25 years he has been

working as a risk management consultant

with Blue Chip organisations on projects in

Asia, Africa and the Middle East.

EQUIPP offer a range of training courses

aimed at individuals and companies to

help minimise the risks associated with

international travel around the world.

The goal is to equip individuals with the

knowledge and tools to look after their own

well-being as well as that of their colleagues

and families.

The course syllabi are part of a wide

knowledge base, spread across a broad

spectrum of experiences within modern day

conflict zones, disaster areas and extensive

worldwide travel to high risk environments.

Courses include Travel Safety Awareness &

First Aid, Travel Safety for Gap Year Students,

Conflict Management, Hostile Environment

Awareness Training (HEAT) and Travel Safety

for NGOs. They can be delivered on-site or

via remote webinars.

The consultancy services help companies

to assess the travel risk implications of their

employees, while mitigating corporate

liability (duty of care). EQUIPP offers a

wealth of experience through its expert risk

consultants, all with decades of experience

across a variety of sectors, continents and

some of today’s conflict environments. MBR

Further information can be found at


Global Citizen Award 2016

Fundraising activity in aid of UNHCR

When we commit ourselves to well-being, we are committing ourselves to the creation of a global culture of social solidarity,

where the best interests of all individuals, of their communities and their societies, are respected and given their rightful dignity


of Malta Marie-

Louise Coleiro Preca

attended a fundraising

activity in aid of UNHCR,

during her visit to the United

Kingdom. During this event,

the winner of the Global

Citizen Award 2016 was

also announced.


Coleiro Preca

praised all the nominees

of the Global Citizen Award,

stating that ‘‘the focus of the

work that has been done by

all distinguished nominees for

this year’s Global Citizen Award,

is central to peace and wellbeing,

and to sustain various

vulnerable communities

to live a meaningful



year’s Global

Citizen Award was

awarded to Dr Imtiaz

Sooliman – the founder of the

Gift of the Givers Foundation. This



said that when as

a society, we commit

ourselves to well-being,

we are ‘‘emphasising our

willingness to develop

meaningful relationships’’

foundation is the largest disaster

relief group of African origin. Gift

of the Givers has worked in many

countries around the world,

including Bosnia, Pakistan,

Somalia, Haiti and



and to ‘‘the creation of a event was

global culture of social also addressed

solidarity’’. by Deputy High

Commissioner of

UNHCR, Kelly T.

Clements. MBR

Creditline: DOI, Photos: OPR



Malta Business Review

Faculty of Science Students with the Auditor General

Charles Deguara of NAO, Photo:NAO

This morning the National Audit Office (NAO)

welcomed a group of students whose main line

of study is Mathematics, Banking, and Statistics

& Operational Research from the Faculty of

Science at the University of Malta.

Addressing the students, the Auditor

General Charles Deguara highlighted the

main objectives and functions of the NAO,

sometimes referred to as the ‘guardian of the

public purse’. He emphasised that ultimately

the main objective of the Office was that the

efficiency and effectiveness of Government

departments and entities continues to be

enhanced within the context of prevailing

rules and regulations in the best interest of the

Maltese taxpayer.

The Deputy Auditor General Noel Camilleri

spoke about the relationship between the

National Audit Office and Government

Departments (auditees), drawing on his

experience in the Public Sector. He emphasised

that the NAO must not be seen solely in the

light of its oversight function, but also as an

agent of change.

Brian Vella, Assistant Auditor General heading

Visit by Faculty of Science Students


the Performance Audits Section, also addressed

these students. He spoke of the importance

of the NAO as a catalyst in improving public

governance. He introduced the NAO’s

organisational structure and referred to the

diverse professional qualifications of NAO staff.

He also outlined the types of audits that the

Office carries out and explained the audit tools

and techniques used by NAO auditors.

Kirsten Abela, the Education Officer on behalf

of S-Cubed for this term, the faculty based

organisation for science students, organised

this educational visit at NAO. MBR


Parliamentary Secretary Ian Borg announces the launch of two additional grant schemes

with a budget of €6 million, as part of the Business Enhance ERDF Grant Schemes initiative.

Parliamentary Secretary for the EU Presidency

2017 and EU Funds Ian Borg announced

the launch of a further two schemes under

the Business Enhance ERDF Grant Schemes

initiative; the E-Commerce Grant Scheme and

the SME Consultancy Services Grant Scheme.

The two schemes address priority areas

under Operational Programme Operational

Programme I Cohesion Policy 2014-2020

‘Fostering a competitive and sustainable

economy to meet our challenges’.

Parliamentary Secretary Borg stated that

e-Commerce represents an opportunity for

businesses to exploit their potential to increase

their market share and reach new markets by

considering incorporating online selling.

At a time when local SMEs are still transitioning

to e-commerce, the e-Commerce Grant

Scheme, with a €5 million budget, will support

SMEs through a maximum grant of €5,000

to develop an e-commerce website and/or a

mobile application, with part-financing eligible

expenditure up to 50%. This Scheme falls

under Priority Axis 2 ‘Consolidating investment

within the ICT sector’.

Parliamentary Secretary Borg explained that

the SME Consultancy Services Grant Scheme,

with a budget of €1 million, will support SMEs

through the provision of a maximum grant of

€4,000 and is aimed at facilitating SMEs’ access

to consultancy services to develop Business

Plans, Feasibility Studies, Process and Systems

Reviews and Organisation and Operations

Reviews. This initiative falls under Priority Axis

3 ‘Enhancing Malta’s competitiveness through

investment in SMEs’

These identified schemes will be managed

on a demand-driven basis through an open

rolling-call, and will be open to receive project

proposals as from Thursday, 10 November 2016.

Borg concluded his speech by stating that

the launch of these two schemes under the

Business Enhance ERDF Grant Schemes which

are administered and managed by the Measures

and Support Division within the Ministry for

European Affairs and Implementation of the

Electoral Manifesto with a total of €31 million

in assistance to SMEs. Parliamentary Secretary

Borg thanked the MCA and GRTU for their

collaboration towards the development of

this scheme. MBR



Parliamentary Secretary Ian Borg addressing the PC

Photo: DOI- Clodagh Farrugia O’NEil

In the first edition of the Malta Gaming Awards,

Maltco Lotteries, Malta’s national lottery

brand, has been awarded the prestigious Malta

Gaming Award for Corporate Responsibility

of the Year 2016. Against stiff opposition from

fellow finalists LeoVegas and Unibet,

Maltco Lotteries were selected as the company

with the strongest commitment to Corporate

Responsibility, a key part of the Maltco Lotteries

operating principle. Maltco Lotteries is certified

by the World Lottery Association’s Responsible

Gaming Framework and by the European

Lotteries Responsible Gaming Standards, the

highest standards attainable in the global

gaming industry. Maltco Lotteries has led the

standards in the local gaming industry to ensure

that everyone working with the Maltco portfolio

of games are fully conversant with Responsible

Maltco Lotteries, winners of the Malta Gaming Award

for Corporate Responsibility of the Year 2016

Gaming principles as advocated by the company.

Maltco also contribute €50,000 towards the

Responsible Gaming Fund and has undertaken a

programme to train over 600 Maltco agents and

their assistants on Responsible Gaming.

The Malta Gaming Award for Corporate

Responsibility of the Year 2016 took place the

evening before SiGMA16, during the Malta

Gaming Week. The organisers said that three

features make these Awards unique, being that

firstly, nominees must have a strong connection

with Malta, secondly that all proceeds from this

event will go to charity, and finally the awards

will be held during the Malta Gaming Week.

The event was hosted by Liverpool legend John

Barnes and attended by the guest of honour,

Her Excellency, the President of Malta,

Marie Louise Coleiro Preca. The first edition

featured a small number of awards, all of

which have a special connection with the

gaming ecosystem in Malta.

A Spokesperson for the company said that they

are proud to have been selected as Malta’s

number one on Corporate Responsibility for

2016. All of the team at Maltco Lotteries,

including our 250 partners and agents, wish

to congratulate all of the nominees who were

selected by the organizing committee, the

judging panel and the industry. She also said that

they are delighted that all the effort, discipline

and security performed by the company

in order to operate within the Responsible

Gaming framework, was recognised by the

judges and the industry. MBR

For further information email info@maltco.net, visit the

Maltco website www.maltco.com or call 2388 3000.


MALTCO Lotteries offers a comprehensive portfolio of entertaining games of chance and skill based on

Responsible Gaming Principles that makes a major contribution to the social and economic development

of the Maltese Islands. The company is one of the major contributors towards the Responsible

Gaming Fund administered by the Government of Malta. MALTCO operates a comprehensive training

programme for agents and their assistants in recognition of their channel partnership. The company

supports many good causes and sponsors several local sports.



Malta Business Review

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