Business & Finance

Latest news

Using sustainability to regain ground

Faced with a 63% “free fall” in hotel revenue, Monaco’s Tourism and Congress Department plans to reconquer the market by placing sustainability at the heart of its global strategy.

MEB business awards

The 9th Eco Club Trophies have been awarded to local businesses that have “adapted to an unprecedented context by demonstrating resilience and creativity”.

IMSEE: Turnover down €1.2 billion

New third quarter figures show that an uptick in activity over July and August was not enough to improve Monaco’s economic situation, with almost all sectors showing significant losses.

Interview: Flying high with Thierry Boutsen

From racing the world’s fastest cars to selling the planet’s most expensive private airplanes, Thierry Boutsen has always been a man on a mission.

#REEVENT: life after Covid

The Principality will embark on a major international campaign to lure business tourism back to the region from 2021 and help restore an industry that has been decimated by Covid. 

Record levels for retail in 2019

Before the Covid crisis hit, Monaco had a booming retail trade with turnover reaching €1.7 billion - its highest level ever - representing 11.5% of the country’s overall turnover.