Business & Finance

Latest news

Life after the Covid crisis

The National Council has presented to the government its health crisis exit strategy, saying Monaco should be a role model in how it emerges from this unprecedented situation.

Monaco Telecom signs tower purchase deal

Monaco Telecom and Phoenix Tower International have signed an agreement for the purchase of over 800 wireless towers across Malta and Cyprus, boosting the company's 5G and fibre capabilities.

SBM and unions reach deal over job losses

After five months of negotiation, Société des Bains de Mer, Monaco’s largest employer, has reached an agreement that will result in over 200 voluntary retirements and four forced retirements.  

Parking increase on hold

The government is suspending a controversial rise in public car parking fees amid claims the move goes against Monaco’s green vision.

Wealth Report 2021: the results are in

How deep do your pockets need to be to join the wealthiest 1% in Monaco? What will the biggest influences on wealth creation be in 2021? We look at the latest Wealth Report to find out.

Owners of two or more cars targeted in price hike

The government is cracking down on car owners who leave their cars parked in public lots for extended periods without moving them by hiking rates up by €60 a month.