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BUSINESSTODAY 17 December 2020

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€1.50 THURSDAY 17 DECEMBER 2020 • ISSUE 88 WWW.BUSINESSTODAY.COM.MT PAGE 3 Editorial PAGE 7 FROM ANNUS HORRIBILIS TO ANNUS MIRABILIS, ONE HOPES PAGE 3 PAGE 2 MIA launches call for tenders for Apron X investment Council of Europe: Malta must prosecute more money laundering cases PAUL COCKS NO employees of Farsons Group have been laid off dur- ing the COVID-19 pandemic despite the business suffering heavy losses due to the near- ly complete slowdown in the tourism, catering and enter- tainment sectors, BusinessTo- day has learned. Numerous messages on so- cial media groups claimed that a number of Farsons staff had been laid off as the group strug- gles to come to terms with busi- ness dropping drastically fol- lowing the onset of COVID-19. But Farsons Group CEO Nor- man Aquilina vehemently de- nied these claims, insisting no employees had lost their jobs because of the pandemic. Farsons Group CEO insists the Board and management had taken extraordinary measures to ensure no jobs were lost despite revenue and profit taking a huge hit amid the pandemic Farsons dismisses redundancy claims, full staff kept on despite COVID losses will not be published over Christmas and New Year and will be back in shops and digital format on Thursday, 7 January 2021

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