Malta is an island of stability with decades of experience and a welcoming innovative mind-set. It is a forward looking destination, with an open business-centric commercial community that stands tall as an EU member state, and a proven record of economic success.
Laboratorio de ProductosÉticos® and Cevomed Limited have signed a letter of intent with Malta Enterprise for the allocation of industrial space to set up a business in Malta under the name of Cetic Pharmaceuticals for the manufacture of pharmaceutical products in Malta.
Malta's economy in real terms has maintained its positive momentum, registering an impressive growth of 7.2% in the third quarter of 2017 when compared to the corresponding period in the previous year.
The manufacturing sector has also sustained its positive momentum. Indeed, data published by the National Statistics Office (NSO) shows that the gross value added (GVA) generated by the sector in the first three quarters of 2017 increased by 8.2% when compared with the corresponding period in 2016.
Malta consistently scored near the top of the league in a report about the design and delivery of digital public services in Europe. The study, carried out for the European Commission, provides an in-depth analysis of the progress made by European public administrations in their modernisation of service provision; and delivers the ‘baseline’ against which progress can be benchmarked.
Malta Enterprise has launched the Catering Capacity Building scheme with the aim of assisting hospitality and catering establishments engage a chef to support in capacity building, innovation, and in the development the operations. Eligible undertakings, including self-employed operators, will be supported through a tax credit representing a percentage of the eligible expenditure and wages of the international experienced chefs, up to a maximum of €10,000 per undertaking.
Nominations are currently being accepted for the award of "Best Creative Enterprise" within the framework of the national awards programme celebrating the achievements of Malta's cultural and creative sectors.
Business First Ltd was officially launched by Minister for the Economy, Investment and Small Business, Dr. Christian Cardona on Wednesday 4th October. This new company is a partnership with the Malta Chamber of SMEs (GRTU) and will be enhancing the one-stop-shop model by offering a wider scope of services provided through its new Mriehel office.
The Barts and the London School of Medicine and Dentistry welcomed its first intake of students at its campus in Malta. Upon completing their induction, the students will commence their studies in the Bachelor of Medicine, Bachelor of Surgery (MMBS) programme.
During its first year of operations, while works on its permanent campus are completed, the medical school will be housed at Sir MA Refalo Gozo Sixth Form, which has been upgraded and equipped to provide the best learning experience that befits a university of international repute.
Malta’s economy grew by a staggering 6.4% in the second quarter of 2017 when compared to the same quarter in the previous year, maintaining the impressive momentum that has been registered in the past three years.
Data published by the National Statistics Office also shows that the manufacturing sector has also been performing well. Indeed, the GVA generated by the this sector at market prices increased by 6.1% when comparing the second quarter of 2017 with the corresponding period in the previous year.