Malta News Briefing – Sunday 4 February 2024

Morning Briefing

MHRA backs farmers after protest

The Malta Hotels and Restaurants Association (MHRA) has endorsed the protests held by local farmers, expressing apprehension about the manner in which the EU institutions are addressing the concerns of the agricultural community. In a statement released on Saturday, the MHRA conveyed its support for the government’s active engagement at the EU level to advocate for the interests of local farmers and the implementation of policies fostering a sustainable and thriving agricultural sector. MHRA President Tony Zahra emphasized the imperative of safeguarding the interests of Maltese farmers, who contribute fresh agricultural produce, and called for heightened acknowledgment of their needs. Zahra urged for “authentic support to overcome obstacles hindering farmers’ production” and expressed dissatisfaction with the European Commission’s imposition of environmental requirements on the agricultural sector without adequate explanation, dialogue, or financial support. (Maltatoday)

ADPD calls for preservation of localities

On the premises where the Planning Authority is reviewing proposals for the construction of two supermarkets and a hotel, Carmel Cacopardo, Deputy Chairperson of ADPD (Democratic Alternative), highlighted the necessity for Local Councils to more assertively express their concerns about relentless development, which is eroding the urban character of our communities. He specifically addressed the pending planning applications for supermarkets in Marsascala, highlighting that beyond generating increased traffic, they would negatively impact the local small and medium-sized shops. These smaller establishments are integral to the social fabric of the community, providing essential services that contribute to the self-sufficiency of the localities. (The Malta Independent)

7% increase in promises of sale – MDA

Michael Stivala, President of the Malta Development Assciation, has advocated for increased government incentives in sustainable development and national infrastructure. This call comes in the wake of a reported 7% growth in promises of sale, which are pre-sale contracts known as “konvenji” in Maltese, for the month of January. The figures, based on data collected by the MDA from various sources encompassing both residential and commercial properties, indicate not only an elevated level of market confidence but also highlight the effectiveness of the country’s strategies, according to a statement issued by the association. The statement also reported a substantial 30% growth in revenue for the period. The MDA emphasized the correlation between the surge in promises of sale and the significant revenue growth, attributing it to the resilience of the industry and the ongoing confidence of the Maltese and Gozitans in the property sector. (Newsbook)

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