In a stunning exposé, it has been revealed that the government, along with the disgraced former minister Konrad Mizzi, went to great lengths to deceive the media and the public regarding a crucial €9 million performance guarantee. This guarantee was supposedly obligated to be provided by Vitals Global Healthcare (VGH) within 30 days of signing the concession on 30th November 2015. However, a recent report from the National Audit Office (NAO) has exposed the truth—neither VGH nor its successor, Steward Health Care, fulfilled this contractual obligation, while Projects Malta conveniently turned a......
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Business News, Finance News, Laws, Taxation, Tourism
May 22, 2023
The Pros and Cons of Investing in Malta
Malta, an archipelago in the Mediterranean Sea, is a small island nation that has been attracting investors for decades. Its strategic location, booming economy, and favorable tax policies make it...
Business News, Finance News, NEWS Malta
May 22, 2023
Shocking Revelations Unveiled: Corruption, Threats, and the Elusive €100 Million
In a mesmerizing saga of deceit and betrayal, allegations of trade secrets, death threats, and political connivance have rocked the foundations of Malta's hospitals agreement with VGH (Vitals Global Healthcare)...
Finance News, NEWS Malta
May 22, 2023
Malta’s Astonishing Financial Missteps: Where Millions Vanish and Medicines Gather Dust
In a riveting tale of financial misfortune, Nationalist Party leader Bernard Grech has unleashed scathing criticism against the Maltese government for what he calls the reckless squandering of a mind-boggling...
Business News, Finance News, NEWS Malta
May 22, 2023
Malta’s Shimmering Mirage: A Revolutionary Financial Services Strategy Emerges
Enter the Malta Institute of Accountants (MIA), the self-proclaimed custodians of Malta's destiny. With Maria Cauchi Delia as CEO and David Delicata as President, these stalwart figures have emerged as...
Finance News, Laws, NEWS Malta, Taxation
May 21, 2023
The Legal and Regulatory Framework for Company Formation in Malta
If you're considering setting up a business in Malta, it's important to understand the legal and regulatory framework for company formation in the country. Malta offers a range of business...
Accounting, Finance News, NEWS Malta, Taxation
May 20, 2023
The Benefits of Outsourcing your Accounting in Malta
As a business owner, managing your accounting can be time-consuming and complicated. That's why many businesses choose to outsource their accounting needs to professionals. Outsourcing your accounting to Malta can...
Business News, Finance News, NEWS Malta
May 20, 2023
Farsons Group’s Strong 2022 Performance: €15.3M Pre-Tax Profit
Simonds Farsons Cisk plc has announced impressive financial results for 2022, reporting a pre-tax profit of €15.3 million, up from €12.2 million in the previous year. The group's turnover also...
Business News, Finance News, Laws, NEWS Malta
May 20, 2023
CJEU Affirms EU Law on Communication to the Public
In a recent ruling, the Court of Justice of the European Union (CJEU) has confirmed that the broadcasting of a musical work as background music in a public means of...
Finance News, NEWS Malta
May 20, 2023
Trident Park Project Generating €1.3 Million Operating Profit
Trident Estates, the property investment company, reported a €1.3 million operating profit last year as tenants began to move into the newly developed Trident Park located at the former Farsons...
Finance News, NEWS Malta
May 20, 2023
Minister’s List of NGOs Raises Questions of Donations from Passport Buyers
A parliamentary question tabled by opposition MP Graziella Galea regarding donations from passport buyers took an unexpected turn when Home Affairs Minister Byron Camilleri provided a reply that raised eyebrows....
Finance News, NEWS Malta
May 20, 2023
Prime Minister Abela Halted from Renegotiating “Fraudulent” Deal at the Eleventh Hour, NAO Reveals
In a startling revelation, the National Audit Office (NAO) has stated that Prime Minister Robert Abela was on the verge of finalizing an illegal deal with Steward Health Care in...
Finance News, Marketing, NEWS Malta, Tourism
May 20, 2023
VistaJet Faces Bleak Future with $4.4 Billion Debt
VistaJet, a private jet chartering company that received €4.5 million in Maltese taxpayer funds between 2016 and 2018, finds itself in a precarious financial situation with a staggering $4.4 billion...
Finance News, Local SEO, NEWS Malta, Taxation
May 19, 2023
Tax Incentives for Foreign Investors in Malta
Malta offers several tax incentives for foreign investors, making it an attractive destination for businesses looking to expand their operations or invest in the country. The island nation boasts a...
Accounting, Finance News, NEWS Malta, Taxation, Tourism
May 18, 2023
The Future of Investment in Malta
Malta is an attractive destination for investors, thanks to its strong economy, favorable tax policies, and pro-business environment. As the country continues to grow and evolve, what does the future...
Banking, Finance News, NEWS Malta
May 17, 2023
Role of the Central Bank of Malta in the Finance Industry
The Central Bank of Malta plays a significant role in Malta's finance industry. As the country's central bank, it is responsible for the regulation and supervision of financial institutions, maintaining...
Finance News, Laws, NEWS Malta, Taxation
May 16, 2023
Professional Tax Services in Malta
Are you considering doing business in Malta? As a business owner, navigating the tax landscape in a foreign country can be a daunting task. Fortunately, Malta offers a wide range...
Finance News, Laws, NEWS Malta
May 15, 2023
Reliable Payroll Services in Malta
Payroll is an essential function for any business in Malta. However, managing payroll can be time-consuming and complex, requiring businesses to stay up-to-date with regulations, tax laws, and other compliance...
Banking, Finance News, NEWS Malta
May 14, 2023
Share Capital Requirements for Company Formation in Malta
When starting a business in Malta, it is important to understand the share capital requirements for company formation. Share capital is the amount of money that a company raises by...
Finance News, Laws, NEWS Malta, Taxation
May 13, 2023
Navigating Malta’s Company Tax Regime
Malta has established itself as a prominent business hub in Europe, thanks to its favorable tax regime. However, navigating Malta's company tax regime can be challenging for foreign businesses looking...
Finance News, NEWS Malta, Tourism
May 12, 2023
Overview of the Malta Property Market Trends
If you're considering investing in property in Malta, it's important to have a good understanding of the local real estate market and the latest trends. In this article, we'll provide...
Accounting, Banking, Finance News, NEWS Malta
May 11, 2023
The Future of Digital Banking in Malta: What to Expect
The banking sector in Malta has undergone a massive transformation in the last decade, with the rise of digital banking. With the advancements in technology and the changing needs of...
Finance News, NEWS Malta, Taxation, Tourism
May 10, 2023
The Benefits of Setting Up a Business in Malta
Malta is a popular destination for businesses looking to expand their operations or start a new venture. The island nation boasts several advantages for businesses, including favorable tax rates, access...
Finance News, Laws, NEWS Malta, Taxation
May 9, 2023
Maximizing Tax Incentives in Malta
If you're looking to maximize tax incentives and save money on your business operations, Malta may be the ideal location for you. As a country known for its favorable tax...
Finance News, NEWS Malta, Taxation, Tourism
May 8, 2023
Investing in Malta vs. other European Countries
When it comes to investing in Europe, there are a range of options available to investors. Malta is a small island nation with a growing economy and a favorable investment...
Finance News, NEWS Malta
May 7, 2023
Get Protected with AXA Malta Insurance Services
Insurance is an important part of managing your finances and protecting yourself from unforeseen events. With so many insurance companies in Malta, it can be overwhelming to choose the right...
Finance News, Laws, NEWS Malta, Taxation
May 6, 2023
Effective Internal Audit in Malta
A Guide to Improving Your Business Processes Internal audit is an essential component of any business's risk management and control system. An effective internal audit function helps businesses identify and...