Archive for Feature
‘Gender pay gap still prevalent in Malta’
Gender pay gap is still prevalent despite the change in mentality and the increase in the female participation rate registered in recent years. Newly-elected National Council of Women President Doreen…
Cases of violence by minors on adults total around 35 annually
Each year there are around 35 reported cases of violent abuse by minors against their parents or custodians. In most cases these incidents involve children from broken families. The figure…
Tighter banking regulations necessary to safeguard ‘integrity’ of banking system
HSBC Bank is defending the introduction of a multitude of new money-laundering regulations on the grounds that these are necessary to safeguard the “integrity” of the banking system. However, it…
Financial Arbiter calls on banks not to inundate clients with ‘unnecessary bureaucracy’
The Arbiter for Financial Services has expressed concern that banks and regulatory watchdogs are burdening their clients with excessive red tape in a bid to enforce anti-money laundering regulations. In…
Lands Authority dodges questions on encroachments permits
More encroachment permits for tables and chairs in public places such as village squares, promenades and pavements were issued last year by the Lands Authority. However, the regulator would not…
Malta’s minimum wage losing its edge
Minimum wage earners in Luxembourg earn €2,202 a month which is almost three times as much as their Maltese counterparts who earn €785. Though Malta still ranks in the top…
Undeclared income cost exchequer over €500 million since 2010
Over €500 million in income tax was lost in the last decade alone as a result of undeclared income. It transpires that between 2010 and 2020 there were 201,364 individuals…
Act now or else the clouds turn black
Malta’s future hangs in the balance following the announcement that it has been grey listed by the Financial Action Task Force (FATF). Right now, the country’s reputation lies in tatters.…
EESC backs proposal to strengthen Europol’s mandate
The European Economic and Social Committee is calling for an increased level of cross-border investigations through Europol with regard to serious attacks against whistle-blowers and investigative journalists who play an…
Average gross wage in Malta in 2019 was of €19,500
Significant regional and gender variances recorded In 2019, employees in Malta on average earned an annual gross basic salary of €19,594, but once again there was a significant gap between…