Rising prices & supply problems causing havoc in Mallorca
The shortage of key raw materials is driving up prices in several industries.
Call for Amazon & other multinationals to pay Balearic taxes, 27,000 jobs could be lost
“We simply demand that online companies that come to the Balearics comply with current regulations and pay local taxes.”
High rents are driving traders out of central Palma
“Palma's Mayor and the Town Hall have opted for macro-commercial centres to the detriment of local proximity urban commerce..”
Food and drink supplies could be cut to central Palma
ADED has asked Cort to monitor the loading bays which it claims are often occupied by private vehicles.
Palma neighbourhood launches ACIRE petition
"It seems that they do not realise the damage caused by the pandemic and now they want to punish us even more by hindering citizen access to the centre..”
Winning bid for Majórica in Mallorca confirmed
Insiders believe the company may relocate production to another country.
Palma's oldest stationery shop is struggling
"All that I would ask is to have a year without paying taxes to help us to recover a little.."
Bonds to be launched in Palma to help small businesses
Palma City Council says it will launch an advertising campaign to encourage people to buy from small shops.
Palma photography shop closing down
Casa Vila was a combination of a drugstore and a photography shop, which was traditional at the time.
Shopping Centres have reopened in Mallorca
At theatres, auditoriums, cinemas and circuses in Mallorca capacity has been increased from 30%-50% of the capacity allowed.
Palma Traders call for urgent financial aid
“Every day that passes a business dies and this is unsustainable. Sales are down and there are no people on the streets..”
A lukewarm start to the January sales in Palma
Traders are expecting sales to be down 30-40% compared to the same time last year.
Dismal sales figures for November in the Balearics
Sales dropped 7% from January to November in the Balearic Islands compared to the same time last year.
Amazon under the microscope in Mallorca
"It is unnecessary for Amazon to operate with its own centre in the Balearic Islands.."
New Amazon base in Palma
The Government says it’s committed to promoting the digitalisation of small businesses to boost competitiveness.
Iconic Palma boutique to close
35% of Mallorca’s shops have been forced to close because of the current economic crisis.
Economy
Green light for new shopping centre
Afedeco and Pimeco proposed the creation of a large shopping centre in Palma during the last legislature.
Economy
Entrepeneurs negative about 3rd quarter prospects
The biggest drops in business confidence were in Madrid, Galicia and the Balearic Islands.