Business & Finance
What Monaco’s record-breaking GDP per employee really says about its economy
Monaco’s economy generated €152,277 per employee in 2024. But behind the headline figure is a story of sector strength, talent concentration, and a business model built for high-value productivity.
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Talks to “limit social damage” at SBM Offshore
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...
Stimulus measures to jumpstart construction sector
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.
Borrowing jumps by 44% in 2nd quarter
Global buyers have borrowed €3.4bn to fund their luxury property purchases so far this year, according to new research from Enness Global.
YCM partners with YPI
The Yacht Club of Monaco has announced a partnership with Yachting Partners International as part of its `Monaco: capital of yachting’ project.
CMB named best private bank in Monaco
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.
Rollout out of ‘Monaco Safe’ label begins
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.
