Corporate Dispatch Morning Briefing

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Good morning,

These are today’s headlines from Malta’s Newspapers.

The Malta Independent says that the Central Bank has revised the GDP forecast for 2019 downwards by 0.1 percent after an unnamed project in the private sector has been delayed. The paper indicates that the project likely refers to the City Centre development in Pembroke.

L-Orizzont also reports on projections by the Central Bank and says that economic growth is expected to keep its pace of 4.4 percent between 2019 and 2021. Jobs are expected to moderate but remain higher than the long-term average.

The Times reveals that Foreign Affairs Minister Carmelo Abela will meet representatives of the Russian government next week after the Kremlin blocked attempts by Malta to impose UN sanctions on suspected fuel smugglers.

The Malta Independent quotes Eurostat figures showing that Maltese holidaymakers are the EU’s third-highest spenders, paying nearly as double the EU average per night. Maltese tourists spend around €630 per individual on holiday.

The Times says that reinforced IT infrastructure repelled a recent hacking attempt into the government’s systems. The IT Authority reported a cyberattack on a web hosting facility, pointing its fingers to Russian group Turla.

In-Nazzjon says that a woman is in critical condition after a traffic accident in Mġarr Road, Għajnsielem; a man and a child travelling in the other car are suffering grievous injuries. The mayor of Għajnsielem expressed his worry at the frequent accidents on the same road.

L-Orizzont publishes an interview with Mary Vella, the newly appointed Commissioner for the Elderly. Dr Vella told the paper that she will make the fight against solitude among the elderly one of her priorities.

In-Nazzjon reports an increase in the circulation of false banknotes, especially €20 and €50 notes. More than 840 falsified banknotes have been confiscated by the authorities in the first six months of the year.

Via Ci Consulta, BeInformed Media Monitoring Service

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