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BusinessToday 30 April 2020

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Talk to us | 2131 2020 | bov.com All loans are subject to normal bank lending criteria, credit approval by the Bank and a credit agreement. Further terms and conditions are available from www.bov.com. Issued by Bank of Valletta p.l.c., 58, Triq San Żakkarija, Il-Belt Valletta VLT 1130. Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta). KEEP YOUR BUSINESS STRONG FINANCING FOR BUSINESS BOV MDB COVID-19 ASSIST €1.50 THURSDAY 30 APRIL 2020 • ISSUE 56 WWW.BUSINESSTODAY.COM.MT MASSIMO COSTA HOTELS are hoping to attract Maltese "tourists" come summer as they struggle to keep afloat amid the likelihood of the island's external borders remaining closed due to COVID-19, BusinessToday is informed. However, the degree to which this will help with the drastic drop in income hotels have suffered is unclear. Malta Hotels and Restaurants Association boss Tony Zahra told this newspaper that he agreed with efforts to attract Maltese cus- tomers to hotels, should government lock- down measures be relaxed as the warmer months approached. PAGE 3 PAGE 2 PAGE 2 Editorial PAGE 7 A TRANSITION PLAN IS NEEDED Coronavirus Hotels hoping to be able to lure locals in summer Don't hold back on company loans, Malta Chamber urges banks But some operators believe local tourism would have 'negligible effect' on hotels' economic survivability 'The way we work will change' PAUL COCKS SOCIAL distancing will continue to be observed even after the COVID-19 crisis is over, and employ- ees will start demanding less crowded offices and more flexibility and remote working, a study has shown. e study - Beyond COV- ID 19 - Preliminary insights about how our world might look - was carried out by consultancy firm Novargo, with the help of the Malta Chamber of Commerce, En- terprise and Industry. PAGE 5 eBiznify training programme launched Tony Zahra Study shows remote working and use of technology will become more common once pandemic is over

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