Poor succession planning is the no.1 reason as to why 70 % of family-owned businesses fail or are sold before they are passed on to the second generation in fact almost 90 % don’t make it to the third generation. Succession planning is a journey. The first stage is making sure that the family business...
New President brings valuable understanding of European Affairs to table. “Alison Mizzi has deep experience in EU Affairs. She is an advocate for commitment and warrants success in her work. We are excited to see her engage in this new role,” John Farrugia, Managing Partner, EMCS Ltd. Alison will continue to be part of the...
The government has launched a scheme to support local businesses to become more energy efficient and sustainable. A total of €15 million has been allocated for companies which are investing in machinery and operations that consume less energy than more traditional machinery. Companies will receive funding for up to 50% of these investments. They will...
Due to the continued exceptional circumstances brought about by the COVID-19 pandemic that have created a challenging environment, an extension for the submission of the report containing Financial Account information relating to Reporting Year 2020 has been granted, to provide sufficient flexibility to such Reporting Malta Financial Institutions. In line with regulations 30, 41 and...
Survey of Health, Ageing and Retirement in Europe (SHARE) finds that physical activity can help mitigate depression The research which was conducted across Europe including Malta reveals that different levels of physical activity can mitigate depression symptoms among older adults. A study by Cheval et al. with SHARE data provides a new perspective on the...