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about malta
    BUSINESS and FINANCE
     Contributing Editor:Martin Debattista
     Contributors: Ivan Grech.
    Malta has gone a long way from being a strategic landmark on the military maps of long-gone empires to a strategic location in today's globalised business community. When it obtained its independence from Britian in 1964 Malta had to wake up and transform its economy based on military spending by foreign powers in Malta to a peace-time economy. Manufacturing and tourism where the first industries to emerge, but today the Maltese Islands are levering more on their strategic presence in the centre of the Mediterranean with the concept of being a hub in such sectors are tourism, financial services, transport and telecommunications. New horizons are being sought with Malta's application to join the European Union. Regardless, liberalisation and innovation are the goal of Malta's economy while making the best out of the splendid human resources which the country counts on to prosper.
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