The Malta Chamber of SMEs welcomes MCESD Chairperson David Xuereb to its offices
01 February 2024
Malta Chamber of SMEs President Mr Paul Abela and Deputy President Mr Philip Fenech welcomed...
The Malta Chamber of SMEs has officially met new Minister Miriam Dalli to discuss issues falling under her portfolio.
SME Chamber President Paul Abela emphasized how important it is to give businesses the necessary breathing space at the moment, giving them the ability to extend their loan repayments on a long time-frame to give them time to make up for this year.
Mr Abela mentioned Libya as one of the avenues Malta needs to look into in order to make best use of opportunities there for economic regeneration for the good of both countries.
The SME Chamber also emphasised on the need to formalize the economic regeneration plan, including stakeholders and business players in this plan. Businesses should be guided in their investment needs to support the priorities of the country. Aggressive grants should be put in place in order to sustain such investments.
A number of support measures were also discussed in order to set up essential schemes that would help businesses re-invent themselves and change their business models.
The Wage Supplement was another aspect discussed, on which the Minister said that feedback presented by the key stakeholders, including the SME Chamber, was being evaluated and work was ongoing.
Other subjects discussed were Energy Efficient Investments, Tourism and Banking Issues.
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.
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