Malta now has more €1,500,000+ homes for sale than ones under €250,000
A full quarter of the homes available for no more than €250,000 are in Gozo
Malta Housing Authority releases first official statistics, showing 30,000 private rentals registered in 2020
These figures are the first of their kind to be compiled by an official body
Valentine’s weekend a lifeline for local spas, hotels amid pandemic crunch
Hotels and spas are reporting a busy weekend, though they caution that it’s a blip in an otherwise dismal year
Malta’s vaccination schedule advances as fourth vaccine set to arrive in March
Vaccination program set to open to the general public at the start of May
Malta’s January commercial aviation 5% worse than EU average in January
Eurostat data indicates a long haul for commercial aviation recovery
Undeterred by COVID uncertainty, Malta registered over 3,000 new companies in 2020
Meanwhile, the clean up of the Malta Business Registry resulted in over 13,000 companies being struck off
COVID-19 widens gender inequality in distribution of unpaid household & caring responsibilities – study
A substantial 16% gap between female & male respondents reporting an increase in the time spent on home-schooling was noted
Administrators welcome launch of ‘sorely needed’ review of condominium law
They say the Condominium Act is outdated and out of line with current realities
‘By end 2022, tourism sector expected to recover close to pre-pandemic levels’ – European Commission
In its winter forecast, the EC predicts Malta’s economy to grow by 4.5% in 2021
Malta’s EU residents are second-most overburdened by housing costs across 27-nation bloc
35% of EU citizens in Malta are overburdened by housing costs, says Eurostat
Remote working study by Central Bank finds 15.5% of jobs in Malta to be ‘teleworkable’
In pre-pandemic 2019, 11.7% of the labour force did some or all of their work from home
‘We aren’t going to accept this anymore’: Property business owner slams tactics to bypass agent fees
Steve Mercieca, co-founder and CEO of Zanzi Homes & QuickLets calls out various practices used to bypass agency fees
Malta International Airport handles three days worth of passengers over month of January
January was MIA's worst month for traffic volume since July 2020
Almost all businesses forecasting high growth in 2021 plan to invest more, reveals HSBC
89% of high-growth businesses expect to increase investment
Malta’s UK imports down almost €1 billion in 2020
During 2020, with global trade decimated, UK imports plummet
Despite Q3 2020 increase, year-on-year economic activity down significantly
From Q3 2019 to 2020, Malta's GDP sank 9.9%