Building permits in Malta drop 18.6% in first 3 months of 2023

May 16 2023

According to the National Statistics Office, 496 building permits for a total of 2,540 new dwellings were approved during the first quarter of 2023.

When compared to the corresponding quarter of 2022, the number of building permits decreased by 18.6%. The number of approved new dwellings also decreased by 20.7%, with the average number of approved new dwellings per building permit standing at 5.1.

The report found that the majority of new dwellings approved were apartments at 1,819. This was followed by penthouses at 393, maisonettes at 224, terraced houses at 74 and other residential units at 30.

Apartments accounted for 71.6% of the total number of approved new dwellings.

This is a decrease of 18.9% and 29.0% for Malta and Gozo respectively when it comes to the same quarter of 2022.

The highest number of approved new dwellings were registered in the Northern district at 599 while the lowest number was recorded at 270 in the Southern Harbour district.

St Paul’s bay registered the highest number of approved new buildings at 178.

Full report here.

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Malta the ‘World’s Hardest Working Country’ out of 150

May 16 2023

According to a new analysis by Business Name Generator, Malta has classified as the most hard working country in the world out of 150 other countries.

With 42.8 in average paid work hours per week, Malta was found to have 91.1% of workers working 49 or more hours per week.

Malta topped a list which includes Bhutan, the United Arab Emirates and Bangladesh in 2nd, 3rd and 4th place respectively.

Most notable is the difference between 1st and 2nd place, with Bhutan registering 53.9% of its workers working 49 or more hours per week.

However, Bhutan still registered slightly more average paid work hours per week at 50.7.

‘On the other end of the spectrum, countries such as Israel, Austria, Netherlands, and France appear at the bottom of the ranking, with shorter work weeks and minimal overtime contributing to this’ the study explained.

‘While this may suggest a more laid-back approach to work in these nations, it may also reflect a commitment to work-life balance and a focus on personal well-being.’

Read full report here.

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University of Malta ranks 1,684 out of 20,531 global list

May 16 2023

The University of Malta has ranked in 1,684th place out of a total of 20,531 ranked institutions, ranking in the top Global 2000 list.

The University received a total score of 67.1, with a research rank of 1610. Malta’s university placed right in between the BI Norwegian Business School and the Agricultural University of Athens, classifying in the Top 8.3%.

The top of the list is occupied by Harvard University with a total score of 100, followed by the Massachusetts Institute of Technology and the Stanford University in second and third places respectively.

Check out full ranking here.

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What you might not know about the Love Island Malta villa

May 16 2023

Here are a few details you might have not known about the Love Island Malta Villa.

This is the location of Malta summer 2023 as a record breaking amount of viewers tune in to watch a cohort of young love-seekers mingle for the first season of Love Island Malta.

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Even though the location and the actual name of the villa was not disclosed, some of the details about the villa’s worth, history and amenities were not lost on us.

The origins of this villa reportedly date back as far as the mid 1800s, being built and used as a farmhouse until the 1950s.

It was later converted into a wine estate and used as a wedding venue – which is right on theme given the programme it is currently hosting.

With a value of €3.5 million, the villa will continue to see the drama unfold between the pairs and the new bombshells being added to the villa.

Are you following Love Island Malta?

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