Issue 96 -
The Restart Incentive Scheme, another initiative proposed by The Malta Chamber, is also highly commendable. "In addition to business advisory support, it includes professional psychological support that shows commitment to safeguarding the mental wellbeing of entrepreneurs who are having a particularly tough time as a result of the unprecedented challenges brought about by the pandemic," said Chamber President Ms Marisa Xuereb.
06. A RETAIL RESPONSE TO THE CRISES: TURNING A STEEP CHALLENGE INTO AN UNPRECEDENTED OPPORTUNITY A few days after several Maltese non-essential shop owners re-opened, the retail industry finds itself striving to work towards a value proposition tailored, more than ever, to the online world, seamlessly to the physical one. The Malta Chamber launched the second virtual event within a digital platform it published in February, creating an international marketplace for local and international players centred around retail and manufacturing. Over 210 business representatives from 27 countries registered in the virtual platform launched by The Malta Chamber, facilitating business interaction amongst 63 local and international operators in retail and manufacturing, 78 service providers, 20 educational and public stakeholders and 17 project partners and EU funding experts. Around 150 meetings were held during one-toone online sessions, which were hosted within the multipurpose platform, with all meetings pre-arranged by the participants themselves.
07. MALTA CHAMBER WELCOMES FAVOURABLE MONEYVAL VOTE The Malta Chamber of Commerce, Enterprise and Industry are pleased to see that the Council of Europe's anti-money laundering expert committee has voted in favour of approving a final report on Malta. Whilst welcoming this news, The Malta Chamber believes it is imperative to ensure continued observance of the anti-money laundering measures whilst ensuring the processes adopted do not impose disproportionate bureaucratic burdens on the financial services industry. The Malta Chamber stresses that success can only be achieved through a unified approach. All efforts need to be focused on maintaining the highest standards through constant proactive action and keeping transparency at the forefront.
08 NEW EMPLOYMENT AGENCIES BUSINESS SECTION WITHIN THE MALTA CHAMBER OF COMMERCE The Malta Chamber has launched a new business section for employment agencies to bring together supporting recruitment agencies and employment services firms operating in Malta. Mr Lawrence Zammit, Founding Partner & Director at MISCO was elected Chairperson of this new section. "Employment services activities have increased significantly over the years as job opportunities grew and new career paths opened. This has encouraged a number of players in this sector to come together to ensure that there is a level playing field in the market and to encourage service providers to develop a more professional approach when servicing their customers," said Mr Zammit.
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