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
Between energy subsidies and social measures, Government will spend around €500 million in 2024
Government vociferously defends energy subsidies as critical component in growth of Malta’s economy
WATCH: Finance Minister Clyde Caruana begins Budget 2024 speech live in Parliament
In 2024, when factoring the subsidy costs for electricity, gas, fuel and the import of staple foods, government is forecasting ...
IHI issues new bond ahead of major international expansion
The timing coincides with the start of a new journey as the Group will be inaugurating seven Corinthia hotels
An Expert Explains: Pension adequacy
Pensions expert Claire Falzon explains
Despite record-breaking rate of inbound tourists, local spending does not match the influx
Boosting heads in beds, does not correlate with an improvement in quality.
€10m Venture Capital Fund launched to help start-ups
Government-backed Venture Capital Fund aimed to aid innovation
Maltese banks can withstand ‘extreme stress’, including bank runs – Central Bank of Malta
Maltese banks’ liquidity, resilience remains high but high exposure to real estate a concern
An Expert Explains: What is a private pension?
Pensions expert Claire Falzon explains
No changes in BOV interest rates for up to three years, ‘barring any surprises’
Chairman confirms that BOV’s low interest rates are here to stay
European Central Bank hikes interest rates again as high inflation persists
The latest increase puts current interest rates at their highest ever level
BOV rolls out new online booking system across its nationwide network
Streamlining the appointment booking system will offer greater efficiency to bank employees and customers
A tale of two halves
Markets staged a comeback towards the latter half of the month
Malta Tax & Customs Administration is now accepting digital documents signed with electronic signatures
Tax authorities’ acceptance of digital signatures is set to ‘make life easier’ for corporate service providers and tax practitioners
Market round-up: July edition
Portfolio manager Josef Luke Azzopardi provides a robust round up for July as well as the first half of 2023
‘Underlying inflation likely peaked,’ says European Central Bank
Most underlying inflation indicators tracked by the ECB show signs of easing