One of the largest banks in Malta has enabled the Trade for Growth Fund which is currently the largest financing tool for companies in the country. Half of the amount gathered by the fund was taken up by Maltese companies during the first six months of 2015, according to a recent survey. Our experts in company registration in Malta can provide you with information about how to access corporate loans.
Malta and China have signed a Memorandum of Understanding (MoU) for a 5-year period that will help the countries to strengthen their economic ties. The MoU is expected to create “many opportunities for business development” for Chinese companies in Malta, as well for Maltese companies in China. The MoU will cover several industries among which energy, technology and tourism.
Malta has lately started to diversify its economy, as a recent assessment drawn up by the Central Bank of Malta shows. New activities, such as gaming and financial services have begun to take root taking the place of other important sectors like manufacturing. You can receive full information about Malta's way of diversifying its economy from our team of company formation experts who can also help you establish a business on Maltese territory.
This year the European Commission states that Malta's economy will increase with a 4.3% rate, which makes it the second highest from the EU member states. Ireland is the first in the top three, with 6%, but Malta rejoices from the best economic growth in the last ten years. At the end of 2015, the Maltese economy continued to register significant growth, thus it is expected to further increase throughout 2016 as well. Our company formation experts in Malta can offer you complete information about Malta's current economic situation.
Present at the Competitiveness Council meeting held in Brussels, the Maltese Minister for the Economy, Investment and Small Business presented Malta’s report on the state of play and outlook with respect to competitiveness in relation to EU policies. According to the report, Malta is currently among the best performers for foreign direct investment within the EU.