From B2B straight down to business and Bucket to Bucket with Benna!
It’s Sunday 6th May and the JPA team are out there with the client Benna, under Benna branded skies. It is all happening at The Milk Festival 2012 in the cute village of Gharghur
The Milk Festival is an event held in the small village of Gharghur, Malta, and celebrates milk in all its forms. Visitors will be able to learn about the milks development through the ages as well as about milk production and how different dairy products are prepared and made.
The Milk Festival in Gharghur will offer freshly prepared food and drinks for sale as well as fresh milk products. Typical Maltese products will also be on sale for all food lovers during this fun event.
The bells are ringing and the milk is flowing!
Children will be able to visit the exhibition of dairy animals as well as visiting a local dairy farm and there will be plenty of other entertainment for the whole family at the Milk Festival in Malta!
The Malta Milk Festival is the perfect event for all those people who love milk, good food and animals!
“€20 million for industry” schemes granted €38 million to more than 600 firms
SMEs – The Backbone to Local Industry. Plans, Initiatives, Challenges, Future…
A policy debate between Hon. Tonio Fenech Minister of Finance, The Economy & Investment and Labour MP Dr Charles Mangion.
The debate is being moderated by former Sunday Times Editor Lawrence Grech.
The Finance Minister Tonio Fenech revealed that tax credits for a total of €6 million had so far been issued to 700 companies under this scheme.
Asked to explain Opposition leader’s guarantee to keep 16-year-olds in school, training or employed, Dr Mangion that the philosophy behind this pledge to empower the youths to success in their life and at the same time, send out the message that they cannot live off the social security benefits.
Mr Fenech said that further €8 million were inject under the “€20 million for industry” schemes that have granted €38 million to more than 600 firms over the past two years. Two hundred entrepreneurs have applied for this scheme.
The Finance Minister Tonio Fenech said that the government was committed to combat tax evasion. He explained that the tax revenue increased but at the same the government trimmed the tax bands.
Dr Charles Mangion said in the past years, wages effectively went down in real terms if inflation is factored in. On his part, the Finance Minister said that since the setting up of Business First as a one-stop-shop for businesses, around 3,000 entreprenuers approach the Malta Enterprise seeking help.
Perhaps it is time to invent new ways to support SME’s in Malta
Risk management goes hand in glove with the well-being of a company
Mr. John Schembri, the president of the Malta Association of Risk Management addressing the B2B Networking Forum.
Mr Schembri said that three steps are key to start managing risk.
Firstly, companies need to accept that there is a challenge in other words; they cannot stick their heads in the sand.
Secondly, they must understand the nature of the challenge, thus understanding sources of risk.
Lastly, they must start addressing business risk proactively and cost-effectively.
“Risk management goes hand in glove with the well-being of a company” he said.
Tell it to me like I’m a six-year-old
Ms. Juanita Bencini, responsible for the KPMG’s Regulatory Advisory Services takes centre stage at the B2B Networking Forum.
Most of company directors take on the role upon retirement, who are uncomfortable with technicalities but they should never shy away from asking questions.
Ms Bencini said that the financial crisis was a wake-up call for all company directors. She said that the question which is being currently asked is – “Where were the risk managers in the run-up to the crisis?”
She urged that risk should on the agenda of every board meeting as risk management falls squarely on the shoulders of management and board of directors. The board should attempt to identify risks.
According to Malta’s ACI survey, 78 per cent of local audit committee do not have a risk committee.
