Tag: finance
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Malta’s current account surplus widens to €269.4 million in first quarter of 2025 on strong services exports
Malta recorded a current account surplus of €269.4 million in the first quarter of 2025, up from €185.2 million during the same period in 2024, according to provisional data released by the National Statistics Office (NSO). The improvement was largely driven by robust performance in the services sector, which posted a surplus of €1.78 billion.…
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MIDI doesn’t have the cash to build its luxury properties in Manoel Island
The Maltese Herald is still conducting a deep analysis of the finances of MIDI. However, at a first glance of their annual report of 2023, MIDI clearly doesn’t have the cash to go ahead with the project at Manoel Island. MIDI can only finance its project at Manoel Island if it takes new bank loans…
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Malta’s Central Bank chief urges vigilance amid economic shifts
At the Institute of Financial Services Malta annual dinner, Acting Central Bank Governor Alexander Demarco discussed Malta’s economic forecast, highlighting opportunities and risks as global inflation eases. Demarco pointed out that the European Central Bank (ECB) started to reduce policy rates in June, however monetary policy remains restrictive, with room for further cuts. Locally, Malta’s…
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MFSA strengthens sustainable finance supervision through EU-funded project
The Malta Financial Services Authority (MFSA) has successfully concluded its participation in an EU-backed initiative aimed at enhancing supervisory capacity in sustainable finance. The project, funded by the European Union’s Technical Support Instrument (TSI), culminated in a closing event held in Zagreb, Croatia, in September, hosted by the Croatian Financial Services Supervisory Authority (HANFA). This…
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The University of Malta hardly publishes any research: asking it for money is like trying to squeeze water from a stone
Upon being criticised by the Minister for Finance Clyde Caruana that the University of Malta doesn’t make any money, its academics released a press statement that reads like an explanation by someone who is financially illiterate. The value added is technically 0 (or -€125 million short) because the funding is external (public funding) so this…
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For the Maltese reading ZeroHedge
So, as I wrote in one of my earlier posts, I was shocked to see that ZeroHedge is being read frequently by many Maltese (even one of my readers pointed this out). I find this very shocking because this grifter, scammer, and criminal spreads and writes a lot of bullshit most of it with an…
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Interesting finance, crypto and banking website rankings for Malta
Since I’m playing with my own SEO stats, I’ve checked the top-ranking finance and banking websites for Malta. Paypal is the absolute winner exceeding Bank of Valletta in website visits. Bank of Valletta tops the ranks among Maltese banks followed by HSBC. The top three visited banking and financial services providers in this order are:…
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Strange things are happening in the house of Neville Curmi
I can confirm that the financial broker Curmi & Partners owned by Neville Curmi is facing a series of resignations of its senior staff over serious allegations of misappropriation of clients’ funds. The MFSA is aware that Nevile Curmi is being accused of serious allegations and is also investigating his activities. This is not the…
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The get rich scheme which Maltese fund managers don’t tell you about: stocks always go up
Once again, this is not financial advice and I am not a financial advisor. Following the interest I have received in my latest article, here’s some background knowledge that is necessary for anyone wanting to understand financial markets. The very basics of the get-rich schemes that rich people use to make more money out of…
