AGP Executive Report
Last update: 4 hours agoEnergy Costs: Bonnici Brothers received a €1.2 million contract to transport Enemalta’s emergency generators in 2025, with a further €28,000 for trailer hire. The awards come as the Government commits €400 million to energy subsidies next year. Budget and Business: The Prime Minister says the €1,000 Super Bonus will recur, while the Malta Chamber of SMEs says Budget measures offer stability but may increase costs. Business groups have also warned that higher fees for third-country workers could weigh on employers. Economic Outlook: Moody’s affirmed Malta’s A2 rating with a stable outlook, forecasting 4.1% growth this year and 3.7% in 2027, but cautioned that energy subsidies burden public finances. Maritime Industry: Maltese-flagged private yachts can now qualify for US cruising licences, removing a competitive disadvantage and easing travel between US ports.
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