A recent study conducted by the Greens/EFA Group in the European Parliament has revealed that Malta has the potential to generate an additional €344 million in revenue by implementing a wealth tax and addressing tax evasion. The report focused on the impact of wealth tax and "secrecy jurisdictions" on Malta's economy....
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Finance News, Laws
September 18, 2023
Malta’s Crypto Regulations Align with MiCA
Malta, known as the "Blockchain Island" for its early embrace of blockchain and cryptocurrency technologies, is once again at the forefront of regulatory changes in the European Union (EU). The...
Finance News, Laws
September 18, 2023
MGA Fuels Gambling Industry Growth
The Malta Gambling Authority (MGA) has been on a mission to transform Malta into an attractive destination for companies in the gambling industry. According to the Annual Report for 2022...
Finance News, NEWS Malta
September 11, 2023
Malta’s 2023 Budget and Inflation
In an address to the Malta Council for Economic and Social Development (MCESD) ahead of next year's budget, Finance Minister Clyde Caruana reassured the public that despite ongoing inflation challenges,...
Business News, Finance News
September 6, 2023
Retail Trade in Malta Surges by 3.5%
In a surprising turn of events, the retail trade sector in Malta has displayed remarkable resilience and growth, standing out as a beacon of hope amidst a challenging economic landscape....
Business News, Finance News
September 6, 2023
GO Empowers Malta with True Fibre Network
In a landmark announcement, GO, the leading telecommunications provider in Malta, has declared that a whopping 75% of households and 80% of businesses across the country can now bask in...
Banking, Finance News
September 6, 2023
Bank of Valletta Naxxar Branch Revamp
Bank of Valletta, one of Malta's leading financial institutions, has recently unveiled its revamped Naxxar Branch, signaling a significant milestone in its ongoing commitment to delivering top-tier customer service. The...
Finance News, NEWS Malta
September 5, 2023
PM Silence on Social Benefit Scandal
In a shocking turn of events, the Nationalist Party has raised serious questions about Prime Minister Robert Abela's silence following the revelation of a social benefit fraud scandal involving a...
Finance News, NEWS Malta
September 5, 2023
Malta’s GDP Surges by 3.9% in Q2 2023
Malta, the picturesque Mediterranean archipelago, is basking in economic success as it witnesses a remarkable surge in its Gross Domestic Product (GDP). The latest statistics, released by the National Statistics...
Banking, Finance News
September 4, 2023
MDB’s Website Revamp: Fueling Growth & Innovation
The Malta Development Bank (MDB) has taken a significant leap into the digital age with the launch of its newly designed website, now accessible at www.mdb.org.mt. This revamped online platform...
Finance News, NEWS Malta
September 4, 2023
Malta’s Economy: Q2 2023 GDP Growth
Malta, a picturesque Mediterranean island nation, continues to impress with its economic resilience. The provisional estimates for the second quarter of 2023 reveal a promising surge in the Gross Domestic...
Finance News, NEWS Malta
September 1, 2023
Transport Malta’s Direct Orders Breaks Record
In a span of just six months, Transport Malta has set a remarkable record with a staggering 387 direct orders, averaging three per day, and a jaw-dropping expenditure of €12...
Finance News, NEWS Malta
August 31, 2023
Melita Limited Invests €50 Million in Malta
In a bold move to revolutionize internet connectivity in Malta, Melita Limited has announced a substantial investment of €50 million over the next seven years to enhance its networks. This...
Finance News, NEWS Malta
August 30, 2023
Malta’s Vision for Economic Growth
In a recent interview on the Labour Party's media platform, Prime Minister Robert Abela expressed his thoughts on Malta's future economic growth. He highlighted the significance of quality in this...
Finance News, NEWS Malta
August 29, 2023
Positive Signs Amidst Economic Fluctuations
In the heart of the Mediterranean, Malta's economic pulse continues to beat steadily, showing resilience in the face of both global and regional challenges. The latest insights from the Central...
Finance News, NEWS Malta
August 28, 2023
Air Malta Ordered to Compensate Former Cabin Crew Members
In a significant legal development, the beleaguered national carrier Air Malta has been directed by an industrial tribunal to pay a sum of €585,056 to 33 former cabin crew staff...
Finance News, NEWS Malta
August 28, 2023
FinanceMalta and Moneybase Join Forces for the 16th Annual Conference
As anticipation mounts for the much-awaited 16th Annual Conference, FinanceMalta has forged a powerful partnership with Moneybase, emerging as the primary sponsor for this year's event. Set to take place...
Finance News, NEWS Malta
August 24, 2023
Malta’s Economic Outlook: Slowing Growth
In a recent economic forecast released by the Central Bank, the outlook for Malta's economy seems to be taking a somber turn. The island nation, known for its vibrant tourism...
Finance News, NEWS Malta
August 24, 2023
Malta Enterprise Extends Skills Development Scheme
In a bid to catalyze skills enhancement and drive growth within Malta's burgeoning business landscape, Malta Enterprise has announced the expansion of its Skills Development Scheme. This revitalized program, aimed...
Finance News, iGaming News
August 21, 2023
FS Gaming Investments reduces Stake in 888 Holdings
In a significant move, investment firm FS Gaming Investments has lowered its ownership stake in 888 Holdings from the initial 6.57% to 4.55%. This strategic decision comes after FS Gaming's...
Finance News, NEWS Malta
August 21, 2023
Understanding Inflation Trends in Malta
Last month, the annual rate of inflation in Malta, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 5.6 per cent. This marked a decrease from the...
Banking, Finance News, NEWS Malta, Taxation
August 21, 2023
MeDirect Bank: Steady Growth and Impressive Profits
Are you curious about financial institutions that not only survive but thrive in challenging times? Look no further than MeDirect Bank, which recently announced a significant profit after tax of...
Banking, Business News, Finance News, Taxation
August 21, 2023
Changing Banking Landscape
The lasting impact of the 2007-2008 Global Financial Crisis (GFC) still reverberates in our memories. It was a period marked by the precarious state of banks, with many of the...
Business News, Finance News
August 17, 2023
MGM Resorts Launches BetMGM in the UK
The iGaming landscape is undergoing a significant transformation as MGM Resorts takes the leap to introduce BetMGM iGaming and online sports betting to the United Kingdom. Building on its acquisition...
Finance News, iGaming News
August 17, 2023
DraftKings Gains Market Share in US Sports Betting
In the realm of US sports betting, a duopoly has solidified its position, with Flutter Entertainment's (OTC: PDYPY) FanDuel and DraftKings (NASDAQ: DKNG) leading the way. And it seems that...
Finance News, NEWS Malta
August 15, 2023
Positive Performance for Tigné Mall in the First Half of 2023
In a recent announcement following a board meeting held on Friday, August 11, the Tigné Mall plc, the proud owner and operator of The Point Shopping Mall, unveiled a promising...
Finance News, iGaming News
August 15, 2023
Playmaker Capital Releases Financial Report for Q2 2023
In a recent development, Playmaker Capital has released its financial report for the second quarter of the year, showcasing impressive results. The revenues reached $12.6 million, indicating a growth of...
