A Budget that extends the safety-net for Businesses, more tax incentives should follow to enable new investments
19 October 2020
Budget 2021 The Malta Chamber of SMEs is pleased to see a number of its...
GRTU – Malta Chamber of SMEs expressed its concerns and the
concern of owners of entertainment establishments in Malta's entertainment
mecca Paceville to the most senior officers of the American Embassy in Malta
last Thursday, following the publication last week of the USA State
Department's advice to American citizens visiting Malta on what they perceive
as negative features of Paceville.
From the discussion it transpired that there was no
action from the Embassy in Malta that could have lead to such advise and on the
contrary the interest of the Embassy is to move ahead in the relationships
between the Maltese Government and the USA so that it may become possible for
American navy personnel in the Mediterranean sea to be able to again spend
holiday time in Malta and to have longer stay of American personnel aboard navy ships in repair at
Malta dry docks.
GRTU and the American Embassy officials also discussed
various possibilities on how to attract new business to Malta from the USA
particularly in the near future as Libya continues to reform and lead towards
new opportunity for foreign investment where Malta could play a pivotal role in
the settlement of business persons and families willing to do business in North
Africa and operation from residential and office base in Malta. The general
feeling acquired throughout the friendly discussion was that the American
Embassy will do its utmost to encourage the growth of American-Maltese business
opportunities, and their advise
regarding Paceville is that which is
normally stated about an active and popular entertainment similar anywhere else in Europe.
Participating in the discussion from the US Embassy
were Deputy Chief of Mission Mr Michael De Tar, Consul Ms Beth Herbolich and
Regional Security Officer Mr Paul Margules, while Vince Farrugia Director
General and Philip Fenech Deputy President and President of the Hospitality and
Leisure division GRTU spoke on behalf of GRTU members.
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).