Dig­i­tal econ­omy to bring more growth – Min­is­ter Car­dona

The Malta Business Weekly - - NEWS -

The Min­is­ter for the Econ­omy, In­vest­ment and Small Busi­ness, Dr Chris Car­dona ad­dressed a con­fer­ence held by the MCAST En­trepreneur­ship Cen­tre en­ti­tled Digi­tis­ing the Econ­omy, mark­ing the end of this year’s SME week.

Min­is­ter Car­dona ap­pealed to an au­di­ence com­posed of stu­dents to par­tic­i­pate and con­trib­ute in the day’s ac­tiv­i­ties and to make the best use of the in­for­ma­tion they would ob­tain. The min­is­ter high­lighted how ev­ery cit­i­zen’s sig­nif­i­cance and in­put is what would main­tain and con­trib­ute fur­ther to eco­nomic growth in the years to come.

The cur­rent record un­em­ploy­ment rates and re­cent eco­nomic growth do not mean we should rest on our lau­rels, but rather the op­po­site, we should keep things into per­spec­tive and re­main con­scious of the com­pe­ti­tion and chal­lenges SMEs face as we be­come greater and con­tinue to in­crease our pres­ence fur­ther as we com­pete glob­ally.

With most of the cur­rent Mal­tese work­force be­ing em­ployed by SMEs of var­i­ous sizes, Min­is­ter Car­dona out­lined how gov­ern­ment is work­ing hand in hand with var­i­ous en­ti­ties that fall un­der the min­istry, to sup­port and en­sure their suc­cess.

The Fam­ily Busi­ness Act Whitepaper, launched last week, aims at aid­ing at a more in­te­gral level in the gov­ern­ing of fam­ily busi­nesses and their re­spec­tive suc­ces­sion plans. As­sis­tance for busi­nesses to go on­line is al­ready avail­able through the eBiz ini­tia­tive, which will be re-launched later on this year.

“Un­de­ni­ably, the dig­i­tal econ­omy is one of the ma­jor driv­ers for growth, com­pet­i­tive­ness and em­ploy­ment. I en­cour­age you not to be in­tim­i­dated. We are ready for the chal­lenge,” con­cluded Dr Car­dona.

Newspapers in English

Newspapers from Malta

© PressReader. All rights reserved.