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3 new cases of Covid-19 on 13 August brings total in Monaco to 144: 3 hospitalised, 13 home monitored, 114 cured, 1 resident death

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August 12, 2020 | Business & Finance

Monaco to continue employment support

Written by: Stephanie Horsman

Temporary Unemployment funding has been extended by the Monaco government as the fallout from the coronavirus health crisis continues in the Principality....

August 10, 2020 | Business & Finance

Seven companies who turned Covid into cash

Written by: Stephanie Horsman

This year’s epidemic has been catastrophic for many businesses, but some companies have managed to turn hefty profits despite the downturn. Here are the top seven....

August 5, 2020 | Business & Finance

Further boost to Monaco’s digital security

Written by: Cassandra Tanti

Monaco Vidéo Electrique has just been awarded its security qualification, enabling it to assist the Principality in its digital security strategy....

Business & Finance Daily

August 14, 2020 | Business & Finance

Business climate stabilising in Principality

Written by: Stephanie Horsman

IMSEE’s report on the business climate of Monaco in June shows a certain stabilisation despite overall low levels of trade....

August 14, 2020 | Business & Finance

Jean-Christophe Gerard new CEO of Barclays Private Bank

Written by: Staff Writer

Barclays has appointed Jean-Christophe Gerard as CEO, Barclays Private Bank with immediate effect, subject to regulatory approval....

August 12, 2020 | Business & Finance

Monaco to continue employment support

Written by: Stephanie Horsman

Temporary Unemployment funding has been extended by the Monaco government as the fallout from the coronavirus health crisis continues in the Principality....

August 11, 2020 | Business & Finance

Monaco International Film Festival gets new president

Written by: Stephanie Horsman

Edward Sylvan, co-founder of Sycamore Entertainment Group, is the new president of The Monaco International Film Festival, paving the way for the local festival to leap to the next level....

August 10, 2020 | Business & Finance

Seven companies who turned Covid into cash

Written by: Stephanie Horsman

This year’s epidemic has been catastrophic for many businesses, but some companies have managed to turn hefty profits despite the downturn. Here are the top seven....

August 5, 2020 | Business & Finance

Further boost to Monaco’s digital security

Written by: Cassandra Tanti

Monaco Vidéo Electrique has just been awarded its security qualification, enabling it to assist the Principality in its digital security strategy....

August 5, 2020 | Business & Finance

Will the government use the CRF this Covid-year?

Written by: Stephanie Horsman

The Constitutional Reserve Fund (CRF), Monaco’s “nest egg”, sat at a whopping €5.7 billion in assets at the end of last year. ...

August 4, 2020 | Business & Finance

Coronavirus: Four hallmarks of post-pandemic work

Written by: James Caan CBE

What will the world look like when we come out of this pandemic? One thing is for certain - our working environment is set to change beyond recognition, permanently....

August 4, 2020 | Business & Finance

Euro zone producer prices beat expectations

Written by: Staff Writer

Euro zone producer prices rose in June on a monthly basis slightly more than expected, ending their falling trend started in February....

July 30, 2020 | Business & Finance

A&K appoint Michael Wale as new CEO

Written by: Cassandra Tanti

Geoffrey Kent and Manfredi Lefebvre d’Ovidio have named Michael Wale as the new President and CEO of the Abercrombie & Kent Group....

July 30, 2020 | Business & Finance

Update on local businesses

Written by: Stephanie Horsman

The first Retail Trade Observatory meeting has been held since lockdown to discuss government actions to jumpstart business and what local merchants are doing to make Monaco an attractive retail centr...

July 29, 2020 | Business & Finance

MV Agusta launches customisation store in Monaco

Written by: Cassandra Tanti

MV Agusta and champion Italian motorcycle racer Virginio Ferrari have launched the Monaco Design Studio, specialising in the design of unique, one-off models....

July 28, 2020 | Business & Finance

Outdoor heater ban

Written by: Staff Writer

France plans to ban heaters used by restaurants and cafes on outdoor terraces from early next year, as it accelerates a shift to a low-carbon economy....

July 28, 2020 | Business & Finance

Government in talks with Monacair

Written by: Stephanie Horsman

Struggling Monegasque company Monacair has met with the government to discuss future plans....

July 27, 2020 | Business & Finance

Iqoniq secures €100m in new funding

Written by: Cassandra Tanti

Monaco-based startup Iqoniq has entered into a €100 million funding agreement to develop and expand its new sports fan engagement platform. ...

July 24, 2020 | Business & Finance

Talks to “limit social damage” at SBM Offshore

Written by: Stephanie Horsman

A restructuring plan by Single Buoy Moorings Offshore (SBM Offshore) in June has raised fears amongst employees that jobs will be cut. Talks are now underway between staff representatives and manageme...

July 23, 2020 | Business & Finance

Stimulus measures to jumpstart construction sector

Written by: Stephanie Horsman

In an effort to support the construction sector, the Prince’s government has adopted stimulus measures to partially compensate for the delays caused by the closure of sites....

July 23, 2020 | Business & Finance

Borrowing jumps by 44% in 2nd quarter

Written by: Staff Writer

Global buyers have borrowed €3.4bn to fund their luxury property purchases so far this year, according to new research from Enness Global....

July 22, 2020 | Business & Finance

YCM partners with YPI

Written by: Cassandra Tanti

The Yacht Club of Monaco has announced a partnership with Yachting Partners International as part of its `Monaco: capital of yachting’ project....

July 22, 2020 | Business & Finance

CMB named best private bank in Monaco

Written by: Stephanie Horsman

Compagnie Monégasque de Banque (CMB) has been given the top spot for Best Private Bank in Monaco for the third year running by World Finance....

July 21, 2020 | Business & Finance

Rollout out of ‘Monaco Safe’ label begins

Written by: Stephanie Horsman

Businesses in the Principality have begun bearing the ‘Monaco Safe’ label, an initiative by the Prince’s government to alert customers to Monaco’s commitment to safety....

July 17, 2020 | Business & Finance

Majority of temps are young males

Written by: Stephanie Horsman

Monaco had an estimated 11,407 temporary workers in 2019 of which the vast majority were young and male....

July 16, 2020 | Business & Finance

CARE reviews first files

Written by: Stephanie Horsman

Around 20 companies have put their hands up for government support under the new CARE initiative. Businesses have only two weeks left to apply for the aid....

July 13, 2020 | Business & Finance

Monaco business showing slight recovery

Written by: Stephanie Horsman

Retail trade saw small gains according to business owners interviewed in May, though retail and auto repair is steeply down....

July 11, 2020 | Business & Finance

MEB returns to Paris

Written by: Cassandra Tanti

MEB leaders have travelled to Paris to meet several key partners and prepare for operations scheduled for the end of the year and 2021, with the aim of facilitating Monaco’s recovery....

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An incredible 12-month time lapse video showing the creation of Monaco’s mammoth land extension project has just been released.... #monacolife_ #monacotrendy #monacolife #monacocelebrity #monacofood #monacosports #monacoluxury #monaconews https://monacolife.net/new-video-shows-the-makings-of-land-extension/ ...

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