MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
GRTU has today published it’s annual Business Performance Survey.
Overall, results have been positive with 36% of respondents claiming that their sales in 2016 increased by between 1 and 30% over sales in 2015 and 29% claiming that they did worse that 2015. The remaining 36% claimed that their turnover was identical to that of 2015.
This survey is conducted by the GRTU research unit which is headed by Marcel Mizzi (GRTU Vice President – Finance & Admin). The number of respondents was 175 and the survey was conducted online and via telephone. The online system employed utilises tokens which means that only persons that possess a token can participate and tokens are sent by email to members. This ensures that respondents cannot vote twice and that only persons who are legitimate business owners can actually participate.
The above pie chart shows the business activities that the respondents of this survey are active in. It is clearly evident from this chart that the respondents where from a cross section of the business community and not simply retailers. This particular question allowed respondents to select more than one selection as we are aware that many businesses are not simply involved in one activity within their enterprise.
The above line chart shows that the businesses interviewed are involved in am myriad of sectors. Sectors for the GRTU is well known are represented as well as other sectors that are such as the sectors which are traditionally considered as service sectors.
Respondents were also provided with an opportunity to air their concerns and the most prevalent concerns where the following :
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).