Issue link: https://maltatoday.uberflip.com/i/191652
45 Events maltatoday, SUNDAY, 13 OCTOBER 2013 Infrastructure spending surges to boost world trade Clean complexion with Idealia BB Cream Infrastructure trade is set to triple by 2030, according to HSBC's latest Trade Forecast, and see a significant rise in its share of global trade. The Forecast outlines how, as countries look to increase their manufacturing capacity and civil infrastructure, demand for overseas goods and equipment will surge. In a special focus on infrastructure, the report finds that between 2013 and 2030 infrastructure-related trade will grow at an average of 9% annually and see a rise in its share of overall merchandise trade, from 45% of total goods exports in 2013 to 54% by 2030. International businesses around the world report the same level of confidence in global trade prospects as last year with the HSBC Trade Confidence Index holding steady at 112 points. The Forecast predicts that world trade will grow at a modest pace to 2015 before accelerating between 2016 and 2020. Vichy Laboratories have just launched, a new generation BB Cream that combines the very best in beauty care, make-up and sun protection expertise. The universal definition of ideal skin is to have smooth and luminous skin. Vichy has made the dream of Ideal Skin come true by creating the Idealia BB Cream. It instantly illuminates the skin, provides hydration, smoothes wrinkles, refines skin texture, reduces dark spots and blemishes, and protects from UVB/UVA rays. At the heart of the Idealia BB formula is an exclusive "anti-grey" technology that combats skin greyness both on the surface and in depth. On the surface, its pink pigments instantly correct the greyish look. In depth, it corrects skin colour to make it look pinker and healthier. 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Shifting Infrastructure Demand The report differentiates between goods for infrastructure – the materials needed for infrastructure projects, and investment equipment – the machinery required by businesses to boost production.1 The USA is currently the biggest importer of infrastructure-related goods across these sub-sectors, but the report predicts that by 2020 India will become the lead importer of goods for infrastructure as it invests in building its domestic networks. China is set to become the top importer of investment equipment by 2020 as it boosts manufacturing capacity. Other rapidly-growing Asian economies will take an increasing share of infrastructure-related imports over time, with Malaysia, Korea and Vietnam moving up the rankings. Excluding the USA, Mexico is the highest ranking non-Asian importer of infrastructure goods, ahead of Brazil. Overall the report indicates that trade in investment equipment will increase more rapidly than trade in goods for infrastructure in the years to 2030, in part due to the pivot in China's economic focus towards consumer led growth and next generation technology. To find out more about the trade opportunities for your business please visit https://globalconnections.hsbc.com/global/en/toolsdata to explore our interactive Trade Forecast Tool to explore current and future insights into world trade dynamics. Explore top trade routes, toggle between imports and exports, and compare trade activity between countries. For a copy of the Global Connections Trade Forecast report and for further information, log onto www.globalconnections.hsbc.com SAP Innovation Forum held at Xara Lodge Alert Solutions, a member of the Alert Group, in collaboration with SAP, held the first ever SAP innovation forum last Tuesday, 8 October at the Xara Lodge l/o Rabat. The aim of this event was for highmanagement professionals and key decision takers of various companies to get informed of today's latest SAP technology and understand how the SAP business suite can help business can run smarter, faster and simpler. The large number of attendees were welcomed to the event by Alert Group Business Development Manager Marthese Portelli who also gave details of the events agenda. The SAP innovation forum was kicked off by the SAP Senior VicePresident of South Europe, Steve Stathis Tzikakis. Tzikakis put a strong message across – SAP considers Malta to be a very important market and hence the reason why SAP is investing so heavily in Malta. He explained the strong relationship that there is between SAP and Alert and how both will be supporting one another in SAP implementations. He then went on to emphasise the key factors that businesses need to look at to secure their future – analytics, mobility (mobile devices) and cloud technology. Claudine Cassar, Alert Group Executive Chairman followed. Cassar explained that Alert Solutions are the sole Value Added Resellers of SAP products and Services in Malta. She also explained that recently the company was also recognised by SAP as a VAR for the Middle East and North Africa region. The VAR status allows Alert to provide implementation, training and support services as well as directly selling SAP ERP and BI licencing. At present, Alert is in the process of becoming a Product Centre of Excellence for SAP, and this shows the full commitment that Alert has to SAP portfolio. Victor Denaro, CIO of Bank of Valletta, followed Cassar's speech with a very intriguing presentation on the challenges faced by today's Chief Information Officers. The keynote session was closed by Alessandro Baiocchi, an advisor from KPMG Italia who kept all the techies on the edge of their seats, whilst sharing with them his experiences in implementing SAP's latest ground breaking technology: SAP HANA. Two parallel sessions were organised after the short coffee break. The first session was targeted to SME organisations, whilst the sec- ond targeted Banking Institutions. SAP specialists gave detailed presentations and demonstrations of SAP's strong line-up of enterprise applications in these sectors. The SME session also witnessed an SAP testimonial by Mr Frederick Schembri, Managing Director of APL Swift (Aurobindo Malta). A delicious lunch closed off this successful event. Alert Solutions and SAP would like to thank the numerous attendees, speakers and sponsors who helped make this event a success. Special thanks also goes to KPMG and BOV for supporting this event. For more information about SAP please contact info@alert-solutions.com Procurement and Administrative Executive MCST is seeking two Procurement and Administrative Executives. The successful candidates will be responsible for the management of procurement processes within MCST, in line with Public Procurement regulations. Candidates are expected to have a first degree level of education (MQF level 6) in Management, Leal Studies/Law, Public Administration or Public Policy or an appropriate relevant comparable qualification and 3 years work experience, preferably also having experience in Public Procurement, or, a Master's Degree (MQF level 7) in Management, Legal Studies/Law, Public Administration or Public Policy or an appropriate comparable relevant qualification and 1 year work experience, preferably also having experience in Public Procurement. You are kindly invited to submit your C.V. to mario.g.borg@gov.mt. Applications will be received until Sunday 13 October 2013. ETC Permit Number: 132/2013 MPO Permit Number: MPO/269/2005/04 The Malta Council for Science & Technology is the government body responsible for research policy, promoting scientific research, management of the local research funding programme and is the national contact point organisation for the EU Research Framework Programme (FP). Malta Council for Science & Technology Villa Bighi, Kalkara, KKR 1320 – Malta Tel: 2166 0340 Fax: 2166 0341