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Business seminar highlights opportunities in Hong Kong

 

Representatives from the Hong Kong Economic and Trade Office to the European Union in Brussels, the Honk Kong Trade and Development Council (HKTDC) and Invest Hong Kong (IHK) addressed local enterprises interested in doing business in the region during a business seminar organized by Malta Enterprise with the scope of increasing awareness about the business opportunities that Hong Kong has to offer.

Malta moves up in WEF Competitiveness Report

Malta has climbed four places in the Global Competitiveness Index published by the World Economic Forum, moving up to 47th place among 144 countries.

The Report classifies Malta among the leading economies within the innovation-driven category, with its improvement being among the best among the EU-27 countries where only two other member states registering a bigger movement up the rankings.

MIP-Chamber agreement on revised rent policy, service charge

Malta Industrial Parks Ltd (MIP) and the Malta Chamber of Commerce, Enterprise and Industry have signed two Memoranda of Understanding (MOU) to revise the rent policy and service charge across the industrial estates managed by MIP.

The revised rent policy refines the manner through which the rent payable by the tenants at the industrial estates is determined. While the minimum and maximum rental rates have remained the same, the mechanism that establishes the amount due by the individual tenants within those brackets is being changed.

Procurement Opportunities

Malta Enterprise (ME) is the Maltese Government's economic development agency focused on attracting inward investment and supporting enterprise in Malta.  Malta Industrial Parks Ltd.  (MIP) is a publicly owned company responsible for the administration of Government-owned industrial zone.

Participation Fee for the below procurement opportunities is Free:

ME/RFQMED/Q08/12: Request for Quotations for Medical Services for Malta Enterprise & Malta Industrial Parks Ltd

Closing date for submissions: 10:00am on Tuesday 4th September 2012

Summer Hours

Malta Enterprise would like to inform its clients that our offices will be closed between the 13th and 17th August for our Summer shutdown. We will resume summer working hours from the 20th August until the end of the month and will be open from 08:00hrs to 13:30hrs. Business First will continue to operate on extended hours on Wednesdays until 16:00hrs.

Micro Guarantee scheme enters into effect

The new Micro Guarantee scheme through which enterprises employing up to 20 workers – including start-ups and self-employed – may be granted a guarantee to help them secure a loan from commercial banks participating in the scheme has entered into effect.

To date, Banif Bank, Bank of Valletta, HSBC and Lombard Bank have confirmed their participation in the scheme, though other banks may still be added to the list of participating banks.

Micro Guarantee scheme launched

Malta Enterprise has launched the Micro Guarantee scheme, through which enterprises employing up to 20 workers – including start-ups and self-employed – may be granted a guarantee to help them secure a loan from commercial banks participating in the scheme.

The Micro Guarantee scheme, which enters into effect on August 1, 2012, will therefore facilitate access to loans of up to €100,000 for eligible enterprises, which may use the funds to finance projects leading to business enhancement, growth and development.

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