News & Views

Standard and Poor's Confirms Malta's High...

21 July 2009

Credit rating agency Standard and Poor's has maintained its stable outlook for Malta in its latest analysis of the economy and public finances. The agency yesterday reaffirmed its A/A1 sovereign credit rating, deemed to be among the highest. It said the stable outlook balanced its expectations of a fiscal consolidation in the medium-term against...

First bilateral agreement signed with Jordan

21 April 2009

Malta and Jordon signed a bilateral agreement on the avoidance of double taxation and fiscal evasion with respect to income taxes, being their first since diplomatic relations were established in June of 1974. This took place during Maltese Finance Minister Tonio Borg's official visit to Jordan last week. The two countries also agreed to set up...

Malta signs updated double tax treaty with Lebanon

20 April 2009

Foreign Minister Tonio Borg met with Lebanese President Michel Suleiman, Prime Minister Fouad Siniora and Foreign Fawzi Saloukh during which an updated double taxation agreement was signed, following discussions on regional issues and bilateral relations including the reconstitution of a Malta-Lebanon Business Council to promote trade relations...

Government Stock Issue - April 2009

07 April 2009

Another positive response to the latest issue of Government Stock by both public and institutional investors. By the closing dates, the Treasury received 548 applications with a total value exceeding Euro 70 million against the authorised sum on issue of Euro 60 million (subject to an over-allotment option for an additional amount of Euro 20...

Hi-Fly applies for Maltese AOC

15 February 0013

Hi Fly Ltd a world player in aircraft wet lease operations has recently applied for a Maltese Air Operator Certificate (AOC). A delegation from a sister company travelled to Malta for a meeting with officials from Transport Malta and officially handed in their application. The 16-strong delegation included President of the Hi Fly Group Paulo...