The British High Commission in Malta issued a statement to announce that this communications effort complements the UK Government’s domestic facing campaign, “The UK’s New Start”, which outlines some of the steps UK businesses need to take to prepare and take advantage of new opportunities outside the EU.
The Malta Chamber of Commerce, Enterprise and Industry is urging on giving the due importance to the nation’s economic needs, as well as the physical and mental health of the people. Perit David Xuereb, President of the Chamber, stated that ‘we cannot remain in a state of emergency, we need to start building again’.
Minister within the Office of the Prime Minister Carmelo Abela said that the government will be discussing with social partners on amendments to Malta’s Employment Laws. This is in order to draft a legislative framework that caters to today’s and tomorrow’s employment needs.
Businesses to reopen as from Friday
The Malta Chamber of Commerce, Enterprise and Industry stated that it was the very first to raise the issue of price-abuse on the 10th March when it issued a media statement calling on all businesses to practice the highest ethical standards, when it comes to market-pricing, especially on necessary items during these challenging ties caused by the coronavirus pandemic.
Read the entire list here.
France will mobilise 45 billion euros (40.98 billion pounds) in crisis measures for its companies with the economy expected to contract 1% this year due to the coronavirus outbreak, Finance Minister Bruno Le Maire said on Tuesday.
Bank of Valletta announced a number of measures to support business customers who are being adversely affected by the current COVID-19 scenario.
HSBC Bank Malta p.l.c. announced it has introduced a number of measures to support businesses which may be negatively affected by the Novel Coronavirus (COVID-19) outbreak.
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