Silvio Schembri

Malta: Discussions on financial package for airlines are currently on-going – Economy Minister

Discussions are currently on-going for plans on a financial package for airlines which are passing through a difficult period and which will help them to move forward, said Minister for…

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Malta: Govt reduced VAT on facemasks and face shields to 5%

The VAT charged on face masks and face shields will go down from 18% to 5%. This was announced by the Minister for the Economy, Investment and Small Businesses Silvio…

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Malta: ‘I did not use public funds to purchase adverts’ – Silvio Schembri

Economy Minister Silvio Schembri denied using public funds to purchase adverts promoting his personal political profile in a press conference on Friday. Schembri was one of four government ministers named…

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Malta: Almost 17,000 businesses apply for Covid-19 wage supplement, 77,000 jobs saved – Silvio Schembri

A total of 16,970 businesses have applied for aid under government’s Covid-19 wage supplement mechanism, meaning that some 77,000 workers have been saved from redundancy so far, Economy Minister Silvio…

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Malta: COVID-19: First batch of wage supplement payments to be given out next week – Silvio Schembri

Minister for the Economy, Investment and Small Businesses Silvio Schembri said that the first batch payments for those who applied for the COVID-19 wage supplement scheme will start being given…

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Malta: Air Malta CEO asked for a 70% cut in wage and perks

Air Malta CEO Clifford Chetcuti has asked for a 70% cut in his wage and perks, the Economy Minister said as he responded to criticism by pilots hit by mass…

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Apple co-founder Steve Wozniak launches blockchain company in Malta

A new company based on blockchain and focussing on energy efficiency, EFFORCE, will be based in Malta with Apple co-founder Steve Wozniak investing in and co-founding it. Speaking at the…

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Industry’s banking concerns discussed in meeting between PM and GRTU

The Malta Chamber of SME’s (GRTU) stated that there is an unprecedented situation happening with regards to businesses and banking: clients find it difficult to understand how they can open a…

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€2 million GO Ventures Fund for Tech Startups

“Although we have a very strong telecommunications and IT infrastructure, we also realise that one of the ways for us to continue driving innovation is to partner with dynamic entrepreneurs…

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