The Malta Development Bank has launched a Guarantee Scheme (CGS). This scheme aims to provide a €350 million fund to support all types of businesses in Malta to meet cashflow disruptions due to the effects of the Covid-19. This scheme aims to provide a €350 million fund, as a guarantee for commercial banks accredited by...
Are you having to re-think your business strategy? Are you offering your products/services online?   If Covid-19 has forced you to change your business strategy and you are now moving towards online sales we at EMCS can help you access EU funds. These funds offer support measures to encourage SMEs to adopt e-commerce solutions to...
As various business face heavily reduced revenues or zero revenues, managing cash flow is even more important than ever. What must businesses operating in this crisis period do to defend their cash flow, now more than ever before? 1. Watch any credit your are extending EXTREMELY closely: Do you know if any of your customers...
Should Malta be moving away from the manufacturing industry? Nominal labour productivity per person employed (ESA 2010) – Where does Malta stand? On 20th January 2020 Eurostat published indicators on productivity for the period between 2008 and 2018. The indicator is derived by dividing Gross domestic product (GDP) for the period by the number of...
Improvement in the “People at risk of poverty or social exclusion” statistic In October 2019, Eurostat published the EU wide statistics on the “People at risk of poverty or social exclusion”. In 2018, Malta registered a rate of 19% which is an improvement from the 24.6% level registered in 2013. In quantity terms this meant...