Press Release: Businesses reach expectations overall for Black Friday
27 November 2020
Black Friday was still exceptional when compared to the rest of the year and sometimes...
appointment of an independent Ministry for Economy, Investment and Small
Business, incorporating a Parliamentary Secretariat for Competitiveness and
Economic Growth is for GRTU a very welcome decision by the Prime Minister on
the formation of the new Cabinet of Ministers.
previous Ministry for Finance, Economy and Investment, incorporating the
Ministry of Finance, the Ministry of Economic Affairs and the Ministry of
Industry, was too heavy and it led to unnecessary bureaucratic delays for
organizations like GRTU that deals on day to day issues affecting SMEs and
Micro and Small businesses in particular.
the Ministry for Fair Competition, Small Businesses and Consumers was
established the necessary legal empowerment on important matters like the Small
Business Act were never clearly defined, with the result that a second tier of
bureaucratic hurdles was created. GRTU now expects that the new Ministry for
Economy, Investment and Small Business and the new Parliamentary Secretariat
for Competitiveness and Economic Growth will act to reduce existing
bureaucratic hurdles. GRTU will be glad to learn, as matters develop further,
that the down-grading of responsibilities for small enterprises from the level
of full Ministry to that of Parliamentary Secretariat will not be to the
detriment of micro and small businesses in the level of importance these
enterprises need to constantly have in the Governments' overall Agenda.
GRTU is particularly happy with the choice of the
Hon Dr Christian Cardona B.A., LL.D., LL.M., M.P. as Minister for Economy,
Investment and Small Business and of Dr Edward Zammit Lewis B.A., LL.D., M.P.
as Parliamentary Secretary for Competitiveness and Economic Growth and looks
forward eagerly to work closely with these very valuable young politicians for
the continued advancement of the interest of all Micro, Small and Medium Enterprises.
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).