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 written to the Hon Minister Tonio Fenech and Hon Parliamentary Secretary Chris Said to issue the necessary Legal Notice to give the opportunity to businesses to open on Saturday week the 1st of May.
For most consumers a two day weekend with no shopping is too long. This creates particular problems to super-markets, mini markets and other retailers, that sell services, goods and other retail activities sought after by consumers, normally at the end of the week.
As usual following requests by members, GRTU has conducted a survey among retailers to establish whether retailers prefer to open or stay closed on Saturday May 1st 2010. The result of the survey conducted on April 22nd and 23rd shows that 71% prefer to open on Saturday May 1st 2010 while 29% prefer to stay shut.
Given that the preferred choice of the absolute majority is in favour, GRTU, as the national retailers representative advised Government to take the necessary legal measures to ensure that retail establishments in all districts are allowed to open on Saturday May1st 2010 if they so desire.
If Government agrees to this it will constitute an opportunity to business owners who choose to open but by no means will it mean that shop owners will be made to open against their will or that this will apply for any other public holidays.
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).