Corporate Dispatch Morning Briefing and Newspaper Review
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Good morning,
Dr George Vella will today be sworn in as Malta’s 10th President. He will succeed Marie-Louise Coleiro Preca, who served as President since 2014.
Suspected offensive in Tripoli, the lates on Brexit, Trump’s tax declarations and New Zealand’s Prime Minister help to a mother in supermarket are amongst the main news we are reporting this morning.
These are the headlines from Malta’s newspaper front pages.
The Malta Independent runs a feature on George Vella, who will today be sworn in as President of the Republic. The paper looks at the milestones in the former Minister’s political career and personal achievements. L-Orizzont also reports the appointment of Dr Vella on its front-page.
The Malta Business Weekly reports that Toly has achieved its targets of €100 million in sales two years ahead of plan. The company said that it has set a new objective or reaching €250 million business.
The Times leads with the publication of a study on migrant crossings from Libya conducted by the Global Initiative against Transnational Organised Crime. The report says that smuggling of immigrants increased since the withdrawal of rescue missions.
The Malta Business Weekly announces that the first crypto asset agents were approved by the Financial Services Authority. 14 agents were seeking a licence since the Virtual Financial Assets Act was passed five months ago.
The Malta Independent says that the Greco report published on Wednesday makes 23 recommendations for Malta to improve anti-corruption practices. The report says that a system of sanctions against government officials is lacking. In-Nazzjon also reports about the GRECO report saying that this is another condemnation for the Maltese government.
The Times reveals that the Tax Compliance Unit retrieved €9 million from the 237 taxpayers in Malta featured in the Panama Papers leaks in 2016. Just over €5 million was paid in ‘pure tax’ and the rest in ‘omission tax and interest’,
L-Orizzont also reports a statement by a humanist and ethics teacher, about the need to discuss Euthanasia in a compassionate way without leaving the debate to run into a sensational one.
This is our selection from the main headlines from around the world.