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Second interconnector moves towards December cable-layingSeptember inflation rises to 2.4% as food and travel add pressure
Conceptual cable reel and submarine electricity cable between two shores, representing construction of the Malta-Sicily connection.
Second interconnectorIllustration

News · Energy

Business

Second interconnector moves towards December cable-laying

A new progress report puts Sicily’s land cable route near completion, while the submarine cable awaits shipment and installation later this year.

Why it mattersAround 92% of the 21-kilometre Sicilian land route has been installed, contractors told journalists visiting Ragusa.

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Business

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Conceptual editorial illustration of a vegetable basket, cafe cup and paper airplane beneath a rising ribbon, representing food, restaurant and travel price pressures.
InflationIllustration

News · Economy

September inflation rises to 2.4% as food and travel add pressure

Why it mattersSeptember’s figures show consumer prices 2.4% higher than a year earlier, not a 2.4% increase in a single month.

TVMnews1 min
Editorial illustration of an empty office chair, tax ledger and euro coins beside a Maltese limestone building.
Company taxIllustration

News · Economy

81 firms report over €10m each without employees

Why it mattersTax returns identified 81 Malta-registered companies declaring more than €10 million in taxable income apiece while reporting no employees.

Times of Malta1 min
Conceptual illustration of an unbranded aircraft, employment folders and a pay envelope above two empty negotiation chairs.
Workers’ rightsIllustration

News · Employment

GWU declares action over former Air Malta workers’ terms

Why it mattersFormer Air Malta employees now employed by RSSL are at the centre of a dispute over conditions and outstanding payments.

The Malta Independent1 min
Editorial illustration of coiled electrical cables, transformers and illuminated Maltese buildings, with an island in the distance.
Electricity networkIllustration

News · Energy

€140m network upgrades detailed in Parliament

Why it mattersMalta’s distribution investment included over 270 kilometres of cables and 208 substations, according to the energy minister’s parliamentary reply.

MaltaToday1 min
Editorial illustration of a Maltese treasury vault divided by a deep gap between recoverable coins and stacked files of unresolved tax arrears.
Tax arrearsIllustration

News · Public Finances

Tax arrears near €1.2bn, with €413m deemed recoverable

Why it mattersFinance Minister Clyde Caruana told Parliament that unpaid taxes total just under €1.2 billion: €495,196,552 from individuals and €701,123,108 from companies.

MaltaToday1 min
Editorial illustration of the Bengħajsa coastline with a conceptual maritime platform overlaid by masterplan and marine-survey lines.
Bengħajsa planIllustration

News · Economy

Bengħajsa reclamation masterplan tender set for this week

Why it mattersThe Malta Investments and Economic Advisory will commission feasibility, financial, environmental and logistics studies for the proposed Bengħajsa Point site.

Times of Malta1 min
Editorial illustration of Malta’s stable credit-rating shield balanced against an energy-subsidy meter, public spending ledger and property-heavy bank scale.
Credit ratingIllustration

News · Economy

DBRS keeps Malta at A high as energy subsidies strain deficit

Why it mattersDBRS expects the 2026 deficit to rise from last year’s 2.2% of GDP but remain below the EU’s 3% ceiling; Finance Minister Clyde Caruana has indicated 2.8%.

Times of Malta1 min
Editorial illustration of a thawing bank vault, an overdue hourglass, claim forms and separate streams of coins undergoing checks.
Satabank refundsIllustration

News · Economy

Satabank refunds miss deadline as depositors await access

Why it mattersSatabank controller Richard Galea Debono told Finance Minister Clyde Caruana that completing the refund scheme by December 2025 had proved impossible, prompting the MFSA to extend his remit.

Times of Malta1 min
Editorial illustration balancing skilled workers, digital tools, industrial machinery and Maltese infrastructure in a productivity debate.
Productivity debateIllustration

News · Economy

Chamber challenges Caruana over Malta’s labour-led growth model

Why it mattersThe Malta Chamber rejected Finance Minister Clyde Caruana’s suggestion that companies favour low-cost foreign labour over capital investment.

MaltaToday1 min
Editorial illustration of an open budget ledger, calculator, euro symbols and balanced scales overlooking Malta and Valletta.
Budget choicesIllustration

News · Economy

Caruana leaves door open to new Budget taxes

Why it mattersFinance Minister Clyde Caruana said Budget 2027 could include new revenue-raising measures, while explicitly excluding increases to VAT, income tax and social security contributions.

Times of Malta1 min
Painted illustration of travellers and luggage approaching Valletta’s limestone skyline across the harbour.
Tourism growthIllustration

News · Business

August arrivals rise faster than visitor nights

Why it mattersTourist arrivals reached 539,655 in August, 14.7% above the same month in 2025, according to National Statistics Office figures.

MaltaToday1 min
Painted illustration of diverse courier riders gathered with helmets, bicycles and unbranded parcel boxes.
Courier workersIllustration

News · Employment

GWU seeks sole recognition at two courier firms

Why it mattersThe General Workers’ Union says it is expanding representation among courier workers after the Department for Industrial and Employment Relations carried out verification exercises linked…

The Malta Independent1 min

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