Posts in the Economy Category at Malta Unrepentant

Severe Material Deprivation in Malta: 14,000 People Still Enduring

Material Deprivation in Malta According to the European Statistics on Income and Living Conditions Survey, during 2017 there were 34,596 people living in materially deprived households. Amongst them 14,393 lived in households that were deemed to be severely materially deprived. In 2017, the material deprivation rate stood at 8.0 per cent, whereas the severe material […]

Finance Minister Edward Scicluna addressing the first meeting of the Malta Development Bank

The Malta Development Bank Convenes Its First Meeting

The recently established Malta Development Bank convened its first meeting, hence officially start operating as the first bank of its kind in Malta. The Maltese Government could move ahead with its plans to set up this bank after it got the approval of the European Commission back in August 2016.

One in Ten Enduring Material Poverty in Malta

During 2016, more than 44,000 people in Malta suffered from material and social deprivation; while throughout the European Union 75 million people had to endure this fate. This emerges from the latest eurostat publication. The material and social deprivation rate in Malta for 2016 stood at 10.5%, 5.5 percentage points lower than the EU-wide rate of 15.7%. […]

One Every Four Children at Risk of Poverty

A quarter of all children under the age of 18 are at risk of poverty or social exclusion, both in Malta and the European Union. According to data provided by Eurostat, in 2016 the European Union (EU) was home to 24.8 million children who were at risk of poverty or social exclusion. This amounts to […]

A worker operating a machine in a factory

Private Sector Full-time Jobs Increased by 8,430 over the last year

November 8, 2017
by Angelo Dalli

According to the Labour Force Survey data provided by Jobsplus the number of full-time gainfully occupied people in Malta has increased by 9,188 and has reached a population of 187,977 as of April 2017. The private sector added 8,430 new full-time jobs, while the public sector was responsible for a further 758 since April 2016. […]

Skyline of Valletta, the Capital city of Malta

Income from Tourism increases by 16.7% for September 2017

November 7, 2017
by Angelo Dalli

Inbound Tourism September 2017 The gross income generated from tourism during September 2017 was estimated to have reached 231.6 million Euros, equivalent to a 16.7% increase over the same month last year. September 2017 witnessed the arrival of 235,881 tourists, 28,960 (or 14%) more than September 2016. 208,759 of these tourists visited Malta for holiday purposes, […]

Labour Force Survey Update (13/07/2017) – January 2017

July 13, 2017
by Angelo Dalli

Labour Force Survey Update (13/07/2017) – January 2017 Over the 12 months leading to January 2017 full-time jobs increased by 9,275 in the private sector and 858 in the public sector while the registered unemployed decreased by 1821 people. In January 2017, registered full-time employment increased by 5.8 per cent while part-time employment as a primary […]

Betsson Group’s current situation in Malta – Urgent!

Betsson Group is the biggest iGaming operator in Malta, employing more than 1,000 people. This milestone was in fact reached on the 7th of March 2017. This company is indeed one of the cornerstones, or at least a major player, of this industry which nowadays contributes 12% of our GDP (Gross Domestic Product). Amidst “certain […]

Corruption is the Scourge of the Earth!

Corruption is a scourge, much worse than what most people think! Unfortunately the perception about how damaging corruption is, pales in comparison to reality, Unfortunately facts do not convince people. Facts do not win arguments and they do not change people’s minds. It is called the backfire effect which was discovered as a result of […]

1 2

Posts navigation