Business & Finance
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New figures released by statistics group IMSEE have revealed where women are placed in the business world of Monaco, and the results are less than surprising.
At the end of 2018, women represented 27.9% of all registered members of the Trade and Industry Directory. The number of females with a SARL business entity equated to 30%, while 21.4% of all Monegasque limited companies (SAM) were registered by females.
The latest figures do not differ significantly from the previous year.
In total, there were 56,303 employees in Monaco at the end of 2018, and 40.2% of these were women, the majority of whom worked in the private sector.
There are slightly more women employed in the Principality’s public sphere, at 42.6%.
Not surprisingly, some sectors remain female-dominated, including administration, education, health and social action, where the participation rate is more than 70%. Meanwhile, women make up 60% of employees in household, artistic and recreation-related positions.
Working women in Monaco tend to be closer to their place of employment: 47.1% live in Monaco or in neighboring municipalities, compared to 36.1% of men.
Monaco has presented its business credential at the 2nd China International Import Expo (CIIE) in Shanghai. On the initiative of Monaco’s Embassy in China with the MEB’s support, the Principality of Monaco had a stand at the expo from 5th to 10th November, providing a unique opening into the market of the world’s second largest economy. […]
With quarterly earnings season coming to an end, investors will be examining the heavy load of key macro data that is expected next week. Inflation readings from major developed markets are likely to tell a similar story. Inflation continues to remain muted in the US, UK and eurozone, as global growth weakens and monetary easing […]
Minister of Finance and Economy Jean Castellini has presented the economic attractiveness of the Principality to more than a hundred financial experts from across the globe. The Central Banks Seminar was held in Monaco on Wednesday, during which the government spoke of the specifics that make it an attractive country economically and an attractive financial […]
Monaco’s interest in China, and an increasing interest of the Chinese in Monaco, is being highlighted with two recent events in the People’s Republic showcasing the Principality and what it has to offer. The Monaco Embassy in Beijing organised ‘Monaco Day’ in advance of the Principality’s National Day coming up on 19th November. The goal […]