Lost and Found Festival releases 2021 updates

Jun 10 2021

AMP Lost and Found Festival released a statement regarding the current epidemiological situation, expressing how an answer should be given by 16th of July. The team behind the festival stated there has been a lot of hard work behind the scenes to deliver a safe festival but also maintaining an exciting party atmosphere. Despite the fact that the UK did not green-list Malta for summer travel, the team stated that there are still hopeful signs in terms of how the situation will be progressing.

As the team awaits more guidelines and how the travel relations between two countries will evolve, the statement recommends that people should hold-off on booking any non-refundable travel and accommodation until the green light is given. The team ended their statement by saying that ‘[we] want this to happen as much as you do, and hope we can be together this September.’

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Photo Source: Lost and Found Festival FB

Property sales double to 1158 in May with sale promise tripling

Jun 10 2021

Amount of final deeds of sale of property doubled from 552 to 1,158 on May 2021, with number of promise of sale agreements tripling from 511 to 1,478. The National Statistics Office (NSO) showed how the month of May showed an immense increase of sales year on year.

The sector now boasts more than 2,500 agreements which are either finalised deeds or are in promise of sale agreements. Gozitan residential properties proved immensely popular, recording the highest number of final deeds and promise of sale agreements in 2021.

May 2021 saw a 606 deed increase to 1,158 from last year. The deed value totalled €319.5 million, around three times higher than corresponding value recorded in 2020. In May 2021, 1,478 promise of sale agreements were registered – an increase of 967 agreements over the same period.

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Photo Source: The Washington Post

Malta striving to be best in the world in new 10 year economic vision

Jun 10 2021

Prime Minister Robert Abela launched the public consultation document which outlines Malta’s economic vision for the next decade, ranging from 2021 to 2031. The Prime Minister highlighted how Malta’s employment and Gross Domestic Product (GDP) shot back up to pre-pandemic levels, despite all the challenges which the country faced due to the outbreak. With almost 5000 new businesses set up in 2020, Abela stated that the past decade bridged the gap between Malta and the EU.

The next ten years will ‘see [Malta] become a centre of excellence’, stated Abela. Five pillars were established for the economic vision; sustainable economic growth; infrastructure; education; good governance and; the environment, which Abela labelled as the most important pillar. With radical transformations into training and education, good governance and large investments, Abela repeated how Malta has to strive to be the best in the world.

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Photo Source: Robert Abela FB

Over 60,000 people downloaded their vaccine certificate

Jun 10 2021

Deputy Prime Minister and Health Minister Chris Fearne announced during a press conference that more than 60,000 people downloaded their vaccine certificate. Stating that with the COVID-19 epidemiological situation in Malta under control, Fearne is confident that Malta will be part of the European Green passport by the 1st July. 76% of the Maltese population has been vaccinated with at least the first dose, compared with only 13% of the world population.

With the target set at 80% of the population getting their jab, the Health minister stated that those between the ages of 12 to 15 will be getting their invitation to receive their vaccine. Placing Malta on the European Green Passport means that European citizens can come to Malta without excessive restrictions.

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Photo Source: Chris Fearne FB