Press Release: More consumers shopping during Black Friday but average spend lower
26 November 2022
This Black Friday is the closest one to pre-Covid levels with shoppers flocking the streets...
In spite of the austerity Budgets and financial cuts of 81,000 million sterling, the British Government still found funds to assist the smaller firms….But not on Malta.
GRTU has been striving hard since Budget 2007, as the recession was still on the horison, for Government to introduce in Malta the Enterprise Finance Guarantee Scheme. This is the scheme that would have made the difference for small businesseas as they suffered the squeze of substantial drop in sales and a more stringent attitude from the commercial banks while Public authorities competed among themselves who would burden small buisinesses most with increased bureaucracy and additional bills.
An Enterprise Finance Guarantee Scheme would have lended money to firms that cannot obtain funds elsewhere. Another proposal made by GRTU that should have gone hand in hand was the Regional Growth Fund aiming to boost job creation and provide fiscal advantages for enterprises in the locality.
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).