Marthese Portelli / The Malta Chamber

Marthese Portelli, CEO of The Malta Chamber of Commerce, Enterprise and Industry, has stressed that 2024 will present a number of new challenges to Malta’s industry, in addition to the ones it faced last year.

In an interview for The Malta Chamber’s social media, released on Thursday (today), she highlighted the work that the entity did for the private sector during 2023, particularly when it came to “taking care of Malta’s competitiveness”, focusing on making progress in sustainability and digitalisation.

“We are now in 2024, a year which will also be filled with challenges, as it will have the difficulties we saw throughout 2023, along with additional ones, including issues stemming from the war in Gaza, together with those from EU laws and directives which affect the nature of business,” Dr Portelli explained.

She noted that The Malta Chamber will continue to work on initiatives that commenced in 2023, yet will also “strive to make progress particularly in terms of public procurement”.

She pointed out that studies conducted by The Malta Chamber found that a high number of local businesses, upwards of 60 per cent, substantially depend on public procurement.

Last year, prior to Budget 2024, The Malta Chamber highlighted the need for Government to maintain accurate records on the provision of public services and to reform the public procurement processes to ensure that these are selected in a fair manner.

“Therefore, it is important that we ensure that there is the reform that is needed, but also that not only ensures greater transparency and more of a level playing field, but to also make sure that Government funds spent on public procurement are being spent in the best way possible, in other words, the best return on investment,” Dr Portelli highlighted.

She also said that The Malta Chamber will continue to emphasise to Maltese businesses the need to move towards the green transition and digitalisation, together referred to as the “twin transition”.

“It is important for Maltese businesses to embrace these moves, as since we are working in a globalised world nowadays, it is a must that we reach these goals in order to remain competitive, not only locally, but also on an international scale,” Dr Portelli affirmed.

Featured Image:

The Malta Chamber CEO Marthese Portelli / The Malta Chamber


Work from home / Unsplash

Mindfulness in the digital workplace shields employees from burnout, study finds

26 February 2024
by Fabrizio Tabone

The UK-based study highlights that businesses need to manage digital workplace hazards alongside other risks such as psychosocial and physical ...

Malta investment insights: GTG Managing Parter Ian Gauci

24 February 2024
by Robert Fenech

He provides his expert advise on the latest edition of Malta Invest, a global investment guide focusing on Malta as ...

Co-Founder Danica Fava reflects on ‘rollercoaster’ 20 years leading Outdoor Living Malta

23 February 2024
by Fabrizio Tabone

Looking back, she pinpoints five key lessons she has learnt throughout her journey, including the challenges of leading a team ...

Trevor Mallia named CEO at AME Health and Safety Services Ltd

23 February 2024
by Fabrizio Tabone

He has over 28 years of sales, marketing, and consulting experience from a diverse range of companies.

Close Bitnami banner