Press Release: Positive outcome for Black Friday 2024
29 November 2024
Feedback reported to the Malta Chamber of SMEs on Black Friday results indicates mixed outcomes....
The delicate subject of Libya
25 August 2014
An MCESD meeting to discuss the important and delicate subject
of Libya was held last week. The meeting was called with urgency by GRTU and
was addressed by Hon Minister Chris Cardona and Head of the Public Service
Mario Cutajar.
GRTU President Paul Abela expressed GRTU's concern
with Libya. He said that we have a number of members experiencing problems
because of their operations in Libya. It is important that both organizations
like the GRTU and these businesses themselves are kept in the know and are
aided wherever possible. GRTU Vice President and Libya representatives Mario
Debono said that the situation in Libya is bad and the impact on business is
heavy but Libya will once again become a place to invest in even though this
might take longer this time. He emphasized that Libya is not a closed chapter
and we have to think also for when things stabilize.
Mr Cutajar explained the overall plan in place and
that up till now regular meetings are being held to prepare for any
eventuality. Hon Cardona said that the Government, mostly through Malta
Enterprise is in close contact with these businesses. Dr Cardona gave his
commitment that Government will speed up any payments due to Maltese businesses
involved in Libya , including VAT refunds, to help them in any cashflow
problems. In addition businesses will also be allowed more leeway in payments
they are due to make to the Government.
Businesses experiencing problems should contact GRTU.
