Issue link: https://maltatoday.uberflip.com/i/1238664
SCOOTER 001 SHARING THE PRESENT, SO WE CAN BUILD A BETTER FUTURE. One app. Over 450 shared vehicles. Pay per minute, per hour or per day. goto.com.mt/download * Rate per minute for Scooter trips on the GoTo Business Plan. Terms and Conditions apply. €1.50 PAGE 2 PAGE 5 Silvio Schembri apologises for 'unfortunate' foreign workers comments Banking customers offered home loan moratorium due to Covid-19 THURSDAY 19 MARCH 2020 • ISSUE 50 WWW.BUSINESSTODAY.COM.MT DAVID HUDSON A rescue package worth €1.8 bil- lion has been unveiled to mitigate the impact of Covid-19 on the economy. PAGE 3 PAGE 2 Editorial PAGE 9 RIDING OUT THE STORM AND SAVING JOBS Coronavirus Government announces €1.8b rescue package to mitigate crisis Robert Abela BOV registers pre-tax profit of €89.2m • Government to pay companies €350 per employee on quarantine leave • Businesses ordered to shut down temporarily, will receive two days of assistance per week per employee €1.50 THURSDAY 23 APRIL 2020 • ISSUE 55 WWW.BUSINESSTODAY.COM.MT MASSIMO COSTA BUSINESSES must ready themselves for an uphill struggle to regain ground once the COVID-19 crisis abates, Chamber of SMEs deputy president Philip Fenech has stressed. Fenech told BusinessToday that, be- fore the time comes for coronavirus measures to be relaxed, local com- panies must realise that they will be starting out from a low point, and that it will take time until things get going at the levels at which they were before the pandemic hit. PAGE 3 PAGE 5 PAGES 8 & 9 CORONAVIRUS INTERVIEW Editorial PAGE 7 A BOUNCE-BACK STRATEGY FOR THE POST-COVID REALITY 'Businesses must prepare to restart from ground zero once coronavirus crisis abates Melita Limited's role in Malta's future telecoms landscape Chamber of SMEs deputy president warns tourism sector will take time to return to pre-pandemic levels Relatively low March unemployment figures proof businesses striving to retain workers – MEA boss MASSIMO COSTA THE relatively small increase in the number of jobless people registering for work amid the COVID-19 crisis attests to the fact that employers are doing their best to retain workers, Joe Farrugia said. e Malta Employers Association boss told BusinessToday that the ques- tion of whether unemployment figures would remain low depended to a large degree on how long the crisis would last as it tests businesses' ability to keep their staff employed. PAGE 2 One new case registered, 15 more patients recovered Joe Farrugia