Chamber welcomes Victoria Keys development

The board of the Gibraltar Chamber of Commerce welcomes the recently announced Victoria Keys development.  This is the largest single development project in Gibraltar in the last 20 years and clearly demonstrates the continued confidence by investors in the future of Gibraltar’s thriving economy.  This is even more so when one considers the ongoing uncertainty which Brexit presents. This bold initiative is just what Gibraltar needs at this time to ensure that Gibraltar continues to grow whilst ensuring that the city centre and other landmark points are not ruined by...

read more

Chamber meets with Liam Fox

Chamber of Commerce President, Christian Hernandez and director George Desoisa met with the UK Secretary of State for Trade, Dr Liam Fox at the Convent on 17th January.  The meeting was to explore future business opportunities for Gibraltar after it leaves the European Union as well as to discuss recent developments. Mr. Hernandez briefed Dr Fox on some of the current concerns of Chamber members and of the significant challenges that Gibraltar faces as a result of Brexit.  Mr. Hernandez also highlighted the importance of ensuring that the UK Government fully includes Gibraltar...

read more

UK Ambassador to Spain to address Chamber members

Chamber to hold dinner for local business leaders as countdown to Brexit approaches final settlement The Gibraltar Chamber of Commerce announces that it will hold a members dinner on Wednesday 6th February 2019 The guest speaker will be His Excellency Simon Manley, Her Majesty’s Ambassador to Spain. The dinner will be held at a critical juncture of the ongoing Brexit discussions and the Ambassador is expected to give some unique insights into current thinking in Spain on the future of Anglo-Spanish relations and also on the future relationship between Gibraltar and Spain. The...

read more

Chamber supports investment in Gibraltar’s Tourism Product

Chamber questions planning decision to postpone new tourism investment Decision comes against a 25% forecast fall in the number of cruise calls for 2019 The Gibraltar Chamber of Commerce has long advocated the steady development and evolution of Gibraltar’s tourist offering if it is to continue competing with other destinations. The Chamber’s position has been set out in its Tourism Strategy which it has discussed with the government over the last three years.  If Gibraltar fails to invest in its tourist product the sector will simply decline. It is for this reason that the Chamber is...

read more

CRUISE TERMINAL DUTY FREE SHOP DAMAGES GIBRALTAR

Over the last two years the Chamber of Commerce and the GFSB have made numerous representations to the government over its ill-judged decision to give a local trader by, direct allocation, a de facto monopoly of a duty free shop at the cruise terminal. Despite the government having acknowledged to the Chamber its mistake in allocating the duty free shop and giving verbal assurances at the time that it would make arrangements to close down the shop before the start of the 2017 cruise season, the shop remains open and continues to do a roaring trade, much to the detriment of numerous local...

read more

Chamber & GFSB respond to 2018 budget

The Gibraltar Chamber of Commerce and the Gibraltar Federation of Small Businesses both welcome the Government’s confidence in the current state of the economy, but are disappointed that many of the increases announced in this year’s budget are significantly higher than the current rate of inflation of 2 ½ per cent.  With the continued uncertainty of what Brexit might bring, coupled with continued competition from unregulated businesses from across the border, it seems unreasonable for local businesses to be forced to bear a disproportionate share of these cost increases. When social...

read more