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Air Malta Chairman’s Controversial Salary Revealed Amid Financial Struggles

Aug 2 2023 Share

In a recent revelation, The Shift has somewhat exposed Finance Minister Clyde Caruana’s statements about Air Malta Executive Chairman David Curmi’s salary. Despite Caruana’s claim that Curmi was not being compensated for his role, documents obtained through the Freedom of Information Act tell a different story.

According to The Shift’s findings, Curmi’s three-year contract with Air Malta is worth a staggering €774,000, making him the highest-paid local consultant. His annual salary amounts to €258,000, and he receives an additional €3,500 a month to cover VAT, totalling a monthly pay of €21,500. This breaks down to a substantial €124 an hour for leading Air Malta, who is a company that is facing financial problems.

Caruana has consistently avoided divulging the financial details of Curmi’s appointment, refusing to answer parliamentary questions and rejecting freedom of information requests. However, after legal challenges by The Shift, the contract was finally obtained, raising serious concerns about transparency and accountability.

The former Chamber of Commerce president was tasked with turning around Air Malta’s financial woes and leading it toward profitability. Despite his efforts, quite the opposite has occurred and attempts to shed loss-making departments, including ground handling operations, failed to yield positive results, resulting in continued losses.

In a press release, the Nationalist Party said that the Maltese people should not accept that a Government Minister of “blatantly lies to the highest political institution of this country.”

The PN has asked the Commissioner of Standards to investigate the integrity of Clyde Caruana as Minister of Finance.

#MaltaDaily 

Maltese Pools & Lidos You Need To Check Out Before Summer Ends

Five Maltese Pools & Lidos You Need To Check Out Before Summer Ends
Aug 2 2023 Share

When the sun’s rays intensify, and the Mediterranean beckons, Malta’s enchanting lidos and pool areas come alive, offering the ultimate summer escape. Picture yourself lounging on plush sunbeds, sipping cool cocktails, and immersing yourself in pure bliss. Let’s explore the must-visit destinations that will make your summer in Malta an unforgettable experience.

Café Del Mar in St. Paul’s Bay

Café Del Mar needs no introduction, with the iconic destination effortlessly fusing music and the sea. The legendary pool area invites you to embrace the rhythm of life as world-class DJs set the tone. Unwind on comfortable sun loungers, bask in the Mediterranean breeze, and let the music carry you away.

MedAsia Playa in Sliema

Nestled in the heart of Sliema, MedAsia Playa is a haven of chill. This lido boasts a gorgeous pool that seems to blend seamlessly with the azure waters of the Sliema coast. With its lush sunbeds, exotic cocktails and delectable Asian-Mediterranean fusion cuisine, make the most of what remains this summer at MedAsia Playa.

Surfside in Sliema

For those seeking a relaxed, beachfront paradise, Surfside in Sliema delivers the perfect setting. Situated on the rocky coastline, this inviting lido offers direct access to the sparkling Mediterranean waters. Lounge on the sunbeds, take refreshing swims, or indulge in beachfront dining at the adjacent restaurant. Surfside embodies the laid-back spirit of summer, making it a favourite among locals and tourists alike.

1926 La Plage in Sliema

Experience a touch of vintage charm at 1926 La Plage, a chic lido with an old-world allure. Tucked away in Sliema, this stylish pool area exudes elegance and sophistication. The classic decor, coupled with modern amenities, creates an inviting ambiance that transports you to another era.

The Embassy Valletta Hotel Roof Deck Pool in Valletta

Elevate your summer experience with a visit to The Embassy Valletta Hotel Roof Deck Pool. Perched atop a luxurious hotel in Valletta, this rooftop oasis offers breathtaking panoramic views of the city and the sea. Unwind in the elegant pool, sip on handcrafted cocktails, and revel in the chic atmosphere.

As summer approaches, Malta’s lidos and pool areas beckon you to embrace the essence of Mediterranean leisure. Each venue offers a unique experience, from luxury and music to beachfront charm and vintage elegance. Whether you’re a local or a traveller, immersing yourself in the allure of Malta’s poolside paradises promises a summer filled with unforgettable moments. So, pack your swimsuit and sunscreen, and prepare to dive into bliss at Malta’s premier lidos and pool areas!

#MaltaDaily

Netflix, But Space: NASA To Launch Free Streaming Service

Netflix, But Space: NASA To Launch Free Streaming Service
Aug 2 2023 Share

You’ll soon be saying ‘NASA and Chill’ as the organisation announced that it will be launching it’s own streaming service – Nasa+.

The organisation announced it is launching a beta for the platform, with the service being ad-free and available to watch on the new beta site and the NASA app. 

The content will be, well, space related. It will update the current NASA TV output which features livestreams of rocket launches and other events. 

With no paid subscription yet, NASA+ aims to put space on demand at people’s fingertips.

It will also include a lot of educational content such as documentaries, to make science communication even easier to mass audiences. 

“Modernizing our main websites from a technology standpoint and streamlining how the public engages with our content online are critical first steps in making our agency’s information more accessible, discoverable, and secure,” said NASA chief information officer Jeff Seaton.

#MaltaDaily 

WSC Malta’s 1st Green Bonds Fully Subscribed In Few Hours

WSC Malta's 1st Green Bonds Fully Subscribed In Few Hours
Aug 2 2023 Share

The Water Services Corporation announced that the first ever Green Bonds issuance, amounting to €25 million, has been fully subscribed in record time. 

‘his remarkable success is a testament to the strong confidence in our commitment to sustainability and our pioneering role in Malta’s green economy’, the WSC said in a statement. 

Prime Minister Robert Abela also commended the record, saying that this is ‘initiative underscores the Maltese government’s commitment to sustainability and positions as a leader in green finance.’ 

#MaltaDaily