29 December 2013

Towards sustained economic growth

Malta Independent 15/12/2013: From the provisional estimates provided by the National Statistics Office (NSO), the Gross Domestic Product (GDP) in Malta climbed by 1.9 per cent in the third quarter of 2013. Malta’s GDP is influenced by a variety of business sectors, such as remote gaming, ICT and shipping that also contributed to this pleasant increase.

The remote gaming industry in Malta also affects the GDP. This is a multi-million euro business for Malta. Hundreds of licences have been issued, and thousands of jobs depend on it.

Malta is strategically positioned to attract remote gaming companies and it is our intention to maximize on our attractiveness in this sector. Having said that, we are fully aware that previous achievements in this sector are not essentially a guarantee for its future success. This is why we intend to embark on new strategic initiatives to boost this sector and take it to the next level. We want to maintain our competitive edge and keep on differentiating ourselves from...read on.