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...
data for international trade show that the trade deficit in January stood at €92.7
million, down by €19.6 million when compared to the corresponding month in
were recorded for both imports and exports by €20.8 million and €40.3 million
respectively. The increase in the value of imports was primarily due to mineral
fuels, lubricants and related materials, while other increases were recorded
for semi manufactured goods, chemicals, together with animal and vegetable oils
and fats. Mineral fuels, lubricants and related materials accounted for the
main increase in exports. Other increases were recorded for chemicals,
semi-manufactured goods, as well as beverages and tobacco
January, imports from the European Union accounted for 42.2 per cent of total
Imports. An increase was registered in imports from the United Kingdom, while
decreases were recorded from Germany, France, Italy, the Netherlands, Spain and
Belgium. Exports to the euro area showed a decrease, mainly to the Netherlands,
France, and Italy.
decreases in exports were recorded to China, the United Kingdom, India,
Switzerland, Russia, and the Republic of Korea. On the other hand there were
increases in exports to the United States of America, Libya, Germany, Saudi
Arabia, Spain and Belgium.
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).