Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
Central Bank steps in to exchange currency for displaced Ukrainian nationals in Malta
The central bank of Malta signed a currency exchange agreement with the national bank of Ukraine
Government debt hits €8.4bn as state beefs up financing from public via stocks and bonds
In the first six months of 2022, the Government registered a drop in its deficit to €4.6bn
Malta Government Investments: the last piece of the start-up ecosystem jigsaw puzzle?
The state-owned company's CEO Herald Bonnici explains why the time to provide a full array of start-up services is now
Leveraging neutrality, or why it pays to be peaceful
Malta Government Investments’ Herald Bonnici explains how friendly international relations can unlock investment potential
‘Everyone wants to have a Ronaldo or a Messi, but you need to invest in nurseries to get the prize’
The results achieved by MITA’s YouStartIT compare favourably to those of similar early stage accelerators in Europe and the UK
Malta-based sovereign fund foundation to grow as Spain’s COFIDES set to become member
The Sherpas Council within the foundation also recently met for the first time
Central Bank Governor welcomes IMF delegation
The delegation is in Malta as part of its preparation for an annual economic assessment, also known as Article IV
Local banks doing their ‘utmost’ for solution to online banking messaging bug
Since users are not notified of the system failure, it is difficult to know how widespread the issue is
China’s zero-COVID policy and widespread use of lockdowns sees economy shrink
While June showed an improvement in activity, projections remain muted over the prospects of future lockdowns
MITA-backed AI start-up Wirestock strikes partnership with Getty Images
The company claims to be the only platform automating all the keywording, captioning and categorising required to sell images online
Euro tumbles to two-decade low as Germany runs first trade deficit since 1991
Imports may suffer, but net exporters may see a boost
Maltese tech entrepreneur Max Thake’s Peaq raises €5.9 million in seed capital
Fundamental Labs, the venture capital firm leading the fundraising round, said Peaq 'enables stakeholders to benefit from advancements in automation'
How Swedish fintech darling Klarna’s €45bn valuation collapsed to €6.3bn in just 12 months
The Buy Now Pay Later firm’s value seems to be in freefall
High spending leads to growing Government deficit in first three months of 2022
An increase in revenues across the board was not able to keep pace with higher Government spending
Worst Jan-Jun performance since 1970 sees €8.6 trillion wiped off US stock market
Whether increasing interest rates does more harm than good is an open question