AGP Executive Report
Last update: 5 hours agoBanking: Bank of Valletta reported €189.6 million in pre-tax profit for the first nine months of 2026, while HSBC Malta posted €69.8 million in profit. Economic Outlook: Moody’s affirmed Malta’s A2 rating with a stable outlook and forecast 4.1% growth this year. Tax revenue rose by €698 million in 2025, while the 2027 budget plans a €724 million deficit and public debt of €13.13 billion. Business and Jobs: Employers have warned that extra employment costs tied to budget measures could burden firms; the Malta Chamber of SMEs welcomed stability but also flagged pressures on small businesses. Opposition Leader Alex Borg has called for a 10-year plan focused on productivity and technology investment. Tourism Investment: Wyndham plans to add more than 40 luxury hotels to its Registry Collection, including Valletta’s Rosselli AX Privilege, expanding the property’s access to global sales channels and loyalty customers. Gaming Regulation: The Malta Gaming Authority eased proposed rules for firms operating locally under foreign licences after industry objections, despite the regime’s medium-high money-laundering risk rating.
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