Business & Finance
Brought to you by: Monaco Life
More than 350 economic players came together for the first MEB Members Meeting of the year, during which a full calendar of events for 2020 was unveiled.
MEB members gathered under the gilding of the Salle des Arts, a faithful reproduction of the ceremonial hall of the former Sporting d’Hiver, and in the ultra-contemporary spaces adjoining it.
The event was an opportunity for MEB Executive Director General Guillaume Rose to launch a major survey of the 540 member companies under the slogan ‘The Monaco Economic Board, at your service’. Featuring both multiple choice questions and more open questions, the survey aims to give members an opportunity to raise improvement points on the proposed actions, garner expectations (new types of operations, new destinations, etc.) and validate the objectives of the association. The results of this survey will be announced at the general assembly on 19th March.
Mr Rose then presented the 2020 agenda, which includes an impressive number of overseas operations.
During the first semester, economic missions will be organised in Novosibirsk, the third largest city in Russia, with the Ballets de Monte-Carlo from 19th to 21st February, then in Versailles on 30th and 31st March for a performance by Cecilia Bartoli and the Musiciens du Prince – Monaco at the Opéra du château.
The MEB will then be in Rome and Florence on 26th and 27th May, followed by Montenegro, Saint Petersburg, Antibes and Budapest. At the end of the year, Toronto, Montreal, Milan, Tokyo and Amsterdam are on the program. As for the Monegasque pavilion at the Dubai International Expo, the MEB plans to make several targeted trips.
In terms of economic promotion, and in collaboration with AMAF, the MEB considers the United Kingdom, Benelux and Switzerland as preferred destinations, while the world of luxury yachting will be further explored in Singapore and Dubai. An operation will also be organised in Washington in collaboration with Monaco Private Label.
The MEB will continue to be very active in the Principality with economic conferences planned with leading speakers, including Chief Economist of Coface Julien Marcilly on 3rd March, in welcoming delegations, such as Austria on 26th March, and organising training and events with its partners.
“More than ever, driven by the will of the Prince’s Government, the Monaco Economic Board wishes to be in tune with the expectations and aspirations of the Principality’s economic forces,” said Mr Rose. “The constant development of its networks, the strengthening of its partnerships and the dedication of its team are all assets to succeed in its missions.”
Photos: Courtesy MEB
The Maltese Communication Authority has approved a €250 million corporate contract between Monaco Telecom and Malta’s leading telecommunications company, Vodaphone Malta.
Monaco is reopening the Larvotto construction site to workers, saying the beach project is “essential for the development of the Principality”.
Monaco’s self-employed entrepreneurs will have access to a minimum monthly income as part of the government’s new economic measures, effective immediately.
The Prince’s government has announced another raft of economic measures to support employees impacted by the Covid-19 crisis.
Since its creation in 1987, CTCM has been a major player in supporting seriously ill children by ensuring cardiology diagnosis, surgery and paediatric intensive care. Forty operations are performed each year, sometimes as many as 4 to 5 a week, with a zero percent mortality rate thanks to the expertise of its medical and surgical teams and the dedication of all staff, as well as the involvement of several associations essential to transportation and childcare.
People think it is easy for children, from these countries, like Senegal or Nigeria, to come to Monaco,” Dr François Bourlon said. “But it’s very stressful for these sick children to travel to Nice by plane, and then be transported here to Monaco. And then they have stay with a host family, sometimes for a few weeks but other times for months.”By its direct involvement and financial donation, Barclays Monaco underlines its commitment to helping seriously ill children. “It’s our duty as a major financial institution, local and globally, to help the community and, after the crisis, to be perceived differently,” Mr Grosoli told Monaco Life. “Much like a house without electricity, a society without banks doesn’t work. We need to give more to humanity – more time, more money and more effort – to those in need. After all, nothing is as important as a child’s smile.” Barclays Monaco has been a supporter of the No Finish Line since 2005. [caption id="attachment_5314" align="alignleft" width="300"] Mr Grosoli with 4-year-old waiting for heart surgery.[/caption] [caption id="attachment_5313" align="alignleft" width="300"] The program needs host families.[/caption] Article first published September 30, 2016