The Family Business Act: What exactly am I going to benefit from?
- Created on Friday, 06 November 2015 19:10
Migration: An important source of employment for the private sector that must be safeguarded
- Created on Tuesday, 03 November 2015 14:48
GRTU CEO Abigail Psaila Mamo has today participated in a citizens debate entitled ‘Living with Migration’ which concentrated on the issue of migration in Malta including how they are perceived by citizens, how they themselves feel they are treated and the case for their integration.
It was mentioned that migration is an issue not just in Malta but in many other EU countries, where the numbers are even bigger than in Malta. When
GRTU welcomes Energy Union Package but warns that business must be assisted technically and financially
- Created on Tuesday, 03 November 2015 14:42
GRTU welcomes the Energy Union Package. The Energy Union is even more important for Malta because we feel that due to the small size of Malta and lack of economies of scale we have a lot more to gain. Malta’s absolute dependency on importing oil to produce electricity and problematic and unavoidable market inefficiencies, including lack of competition, being the only member state that imports refined oil because we do not have a refinery and the added costs to secure supply, makes electricity in Malta amongst the most expensive in Europe.
We are also in favour of reforms and changes that are needed to increase energy efficiency and change to alternative energy sources. We emphasis however that the impact on SMEs must be assessed and they must be supported and SME organization should be fully involved.
Climate Change Action on MEUSAC Core Group Agenda
- Created on Tuesday, 03 November 2015 14:36
Climate Change Minister Leo Brincat addressed the MEUSAC Core Group ahead of the UN World Conference on Climate Change (COP21) in Paris. Minister Brincat tied Climate Change Action with the importance of sustainable growth. He explained how Malta had adopted the Climate Change Act which establishes structures and mechanisms to instil climate change awareness and accountability related to such inaction. This would be
Supporting hands-on training and work exposure in practice – GRTU offers University of Malta Communications Studies students direct opportunity
- Created on Tuesday, 03 November 2015 14:27
GRTU has been advocating the importance of traineeships and hands-on experience to enhance labour market skills throughout education. It has been at the forefront of supporting apprenticeships and internships by encouraging its members to host such students and trainees whilst pushing forward the concept of quality training. Education needs to be supported by soft skills and practical experience to ensure a stronger labour force ready to meet the needs of business and industry.
GRTU Finally Proven Right in its Claims Against Excessive Bank Interest Rates and Charges
- Created on Friday, 23 October 2015 12:19
GRTU strongly welcomes the conclusions of the investigation carried out by the Malta Financial Services Authority and the Malta Competition and Consumer Affairs Authority into local bank lending practices to businesses.
This is a fight GRTU has led on its own for many years. It is only just recently that GRTU's concerns were echoed by the European Commission and the
Family Business Act to provide an Opportunity for Business Owners to pass their Company to the following Generation
- Created on Friday, 23 October 2015 12:07
Over 70% of Maltese Business Owners are family owned and employ about 40,000 people. From this 70% only a mere 30% of these businesses manage a successful transition to the second generation and less than 10% progress to the third.
The Ministry for the Economy, Investment and Small Business has launched a white paper on the Family Business Act which seeks to provide this sector
Substituting Eco-Contribution with Excise Duty Puts Us 6 Years Backwards
- Created on Monday, 19 October 2015 09:39
GRTU deplores the direction taken by Government in the last Budget related to addressing Eco Contribution reform by changing this to excise duty for beers, wines and water.
GRTU has time and time again spoken against Eco Contribution as one of the worst pieces of legislation ever drafted. It is effectively a tax that only distorts
GRTU SME Week Conference Bridges Businesses to Online and Digital Potential
- Created on Friday, 16 October 2015 09:46
GRTU has successfully held a conference earlier this week with a participation of around 200 small businesses and self-employed persons targeting Malta’s Digital Economy. This conference served as the ideal platform to retrieve practical feedback from businessesas to what challenges are hindering them for GRTU to consolidate recommendations to be presented to policy-makers in the coming weeks. The conference however also offered hands-on awareness-raising and training exercisefor the attendees to understand how they can make best use of the digital and online tools to maximise their business potential.
Stqarrija konġunta bejn il-Ministeru għall-Enerġija u s-Saħħa, l-GRTU u l-Kamra tal-Ispiżjara
- Created on Friday, 16 October 2015 09:33
Jiġi ffirmat ‘Service Level Agreement’ bejn il-Ministeru għall-Enerġija u s-Saħħa, il-GRTU u l-Kamra tal-Ispiżjara li qed jistipula l-livell ta’ servizz li jrid jingħata permezz tal-POYC. Dan il-ftehim se jkompli jevolvi u jagħti empowermentlill-ispiżjara u b’hekk inaqqas il-ħtieġa tal-amminstrazzjoni ċentrali min-naħa tal-Gvern. L-ispiżjara, wara diskussjonijiet, jibdew jamministraw huma l-istock tal-mediċini tagħhom u għalhekk ikun hemm aktar kontroll tal-mediċini biex tonqos il-ħela, tiżdied l-effiċjenza u l-mediċini –out-of-stock ikomplu jkunu kkontrollati
A balanced budget with positive business incentives
- Created on Friday, 16 October 2015 09:11
This year’s Budget offers a healthy mix of incentives targeting the private sector many of which are being implemented with the collaboration of the GRTU. Most of GRTU’s priority areas have in fact been addressed and a good number of proposals have been taken up. GRTU believes this will further secure the country’s economic growth.
GRTU notes with dissatisfaction that the energy tariffs have not been reduced albeit clear indications supporting GRTU’s claim. GRTU will continue with its representations in this regard to see electricity reduced. On the other hand GRTU welcomes the positive incentives aimed at increased renewable energy investment by the private sector, also a priority area for GRTU.
- GRTU to proactively address important issues for Maltese businesses with the help of the European Social Fund
- EU/Tunisia trade agreement: request for input
- Social partners and the opposition voice their support to GRTU’s electricity proposal
- CVA to be revised, Minister Joe Mizzi encourages the private sector to propose Innovative traffic and parking solutions
- GRTU President Paul Abela attends Maltese-Russian Business Forum