Chamber & GFSB welcome duty measures

The Chamber of Commerce and the GFSB welcome the new Beat economic assistance package for quarter 3 announced by Government in Parliament last week as well as the changes to the import duty structure announced on 30th June. These measures follow close consultation between the Chamber and the GFSB, Government and the Unions as part of the range of measures discussed at CELAC. They are aimed at protecting employment by giving businesses a fighting chance in the current economic crisis and fit with the current “Support Local” campaign organised and funded by the Chamber, the GFSB and the...

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Chamber & GFSB launch joint initiative with the Government to support local businesses

The Chamber of Commerce and the Gibraltar Federation of Small Businesses have teamed up with Her Majesty’s Government of Gibraltar to launch a marketing campaign to support local businesses after several months of lockdown.  The campaign is aimed at encouraging the community to spend locally and to highlight the connection between local spending and local consumption on our economy. This economic activity enables the Government to continue investing in the field of education, our healthcare system, policing and other essential services and local infrastructure that we all benefit...

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Covid Emergency Liaison & Advisory Committee (CELAC) members thank Government for measures to help businesses and their employees

The organisations that, (together with HMGOG), comprise the Covid Emergency Liaison & Advisory Committee (CELAC) namely Unite the Union, the Gibraltar Chamber of Commerce, the GFSB, the GGCA, the Finance Centre Council (which includes all financial services industry associations and the Law Council), the Gibraltar Betting and Gaming Association and the Landlords Association, have been working closely with Government since Saturday in relation to measures to assist employees and businesses during the current Covid 19 crisis. We are pleased to note that Government has been fully...

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Chamber & GFSB thank commercial landlords and ask others to act now

Following the welcome measures to assist businesses in the hospitality, leisure, distributive and catering sectors (including shops and general retail), announced by the Chief Minister on Monday this week, the trading environment has continued to deteriorate.  Many businesses are experiencing a full-blown crisis with no clarity on how long this will last. Current projections are that the severity of the health crisis will worsen for the next 3 months.  The subsequent economic one will last much longer. Since the announcement by the Chief Minister, many commercial landlords...

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Chamber & GFSB welcome measures introduced to assist business

The Chamber and the GFSB welcome the initial economic measures announced by the Chief Minister yesterday in order to help businesses during this crisis. The measures announced are a good start to alleviate some of the economic hardship to the businesses most affected at this moment in time by this crisis. We look forward to the implementation of additional measures in the short term to alleviate the economic impact which all of Gibraltar is suffering. In this respect  we will continue working with Government as we have done so far to ensure that we discuss and agree future economic...

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Chamber seeks assistance for business to deal with coronavirus

In the last week or so the Gibraltar Chamber of Commerce has received calls, emails and spoken to a number of members about current trading. The situation is developing very quickly and some local businesses have already seen a dramatic fall in sales and prospective sales as a direct result of the spread of the corona virus in western Europe. The Chamber board is currently considering a number of possible measures which it believes could help local companies through what is likely to be a severe but short term period of difficult trading conditions. Chamber President,...

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