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
What does a wage-price spiral look like in Malta?
'If prices increase due to cost-push factors, one cannot say that productivity has increased accordingly'
Malta becomes 31st country to adhere to highest IMF standards on data transparency
Only 5% of IMF members don't adhere to any data standards set out by the institution
Malta Government deficit shrinks while debt rises to €9.17 billion in first half of 2023
Government debt increase by 8.99% during the first half of 2023 compared to the previous year
European Central Bank hikes interest rates up a notch further
Euro area inflation is expected to remain above the 2% target by the end of 2023
Malta’s first green bond will finance investment in water network, installation of solar panels
The Water Services Corporation's investment will more than double its capacity to generate energy from renewable sources
‘A sea-change’: understanding the advantages of neobanking for business
Olegs Cernisevs, CTO of Blackcatcard, explains how ‘the small things’ can make a big difference
MFSA warns against crypto firm falsely claiming to be locally licensed
The unlicensed exchange made unauthorised use and reference to company details of a Maltese-licensed company
Late payments now subject to 12% interest
The legal interest rate for late commercial payments increased on 1st July
NAO pushes adoption of accrual accounting in Government ‘to obtain a true picture of its finances’
The adoption of accrual-based accounting for public service has been the subject of discussion for decades
Despite surge in income tax revenue, Malta Government finances remain in the red
The Government Consolidated Fund reported a deficit of €103.5 million
Economic certainty in Malta up while sentiment drops across all sectors
Both retail and industry sector sentiment turned negative
New ITS campus and Bugibba ferry dock lose EU funding amid revision of Malta’s RRF plan
The European Commission endorses Malta's €328 million modified recovery and resilience plan, up from €316 million
MFSA issues warning against unlicensed investment firm claiming to be a Maltese company
The firm claims to be locally registered and locally licensed
Central Bank will not ‘interfere’ in banks’ decision to change interest rates – Governor Edward Scicluna
Energy subsidies keeping inflation under control – at a price
Financial services sector employs over 17,000 workers in 2022
1 in every 16 people employed on the island is involved in the industry