Corporate Dispatch Evening News Roundup

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Good evening,

Your evening News roundup with the main news from Malta’s news portals and our selection of the salient news from around the world, to help you stay informed.

Malta News Portals Roundup

The Financial Services Authority launched its Vision 2021 – a a reform programme setting out its strategy and objectives. The Malta Independent covers the launch event during which CEO Joseph Cuschieri also presented a consultation document proposing the establishment of a ‘regulatory sandbox’ and ‘innovation hub’.

The Chamber of Commerce called for a transparent process in the transfer of land in St George’s Bay to the Corinthia Group. MaltaToday quotes a statement by the Chamber which warns that the residential units proposed in the plan could lead to market distortions if a level playing field is not observed.

One News says that Prime Minister Joseph Muscat is willing to withdraw the libel case against Daphne Caruana Galizia if her family declares that the allegations against him in the Egrant case were wrong. In turn, according to Net News, the Caruana Galizia family replied that it will not be give in to coercion.

The court ruled that the owners of a property in Valletta cannot be forced to honour a promise of sale agreement with Marco Gaffarena. The Times reports that property was due to be transferred to Gaffarena in 2014, but after the story broke that it was, then, going to be expropriated, the owners decided to hold on to their share.

The Guardia di Finanza arrested a Maltese man in Pozzallo carrying over 230 kilogrammes of marijuana. Newsbook says that the 32-year-old, a trailer driver, was stopped just before he was boarding the catamaran to Malta. TVM reports that the police were alerted by two trained dogs and found 114 packets of drugs.

Prime Minister Joseph Muscat dismissed claims that it has been decided who the incoming President of the Republic shall be. LovinMalta says that high-ranking officials in the government echoed the Prime Minister’s statement, after it was reported that former minister Geroge Vella would be appointed in April.

Other Headlines 

Italy falls into technical recession

Persons on board SeaWatch disembark in Catania

Deal reached for new unity government in Lebanon

European Parliament recognise Guaido as Venezuela’s de facto head of state

France, Germany and Britain set up financial mechanism to avoid US sanctions against Iran

Unilever says it is stockpiling Magnum ice cream in the UK and deodorants in Europe to avert Brexit disruptions

Corporate Dispatch 

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