Business & Finance
Brought to you by: Monaco Life
Monaco’s Honorary Consul in Mexico, Adolfo Autrey, received some 70 Monaco Private Label (MPL) cardholders at its Mexico City residence on February 9, 2016.
Michel Bouquier, Technical Advisor to the Department of Finance and Economy, gave a presentation of the Principality, as well as the many exclusive benefits of the MPL card, owned today by some 150 Mexican families.
Created in 2009 at the initiative of the Government of Monaco, the MPL programme brings together more than 1,200 entrepreneurs from 43 countries who have strong investment potential for Monaco. Through a card issued by invitation only, MPL offers customised concierge service and an exclusive event calendar.
The evening followed five other MPL events, three in Mexico City, one in Guadalajara and one in Monterrey, over the last four years.
Around 20 companies have put their hands up for government support under the new CARE initiative. Businesses have only two weeks left to apply for the aid.
Monaco merchants are hoping to see an uptick in shopping by locals as the yearly summer sales season fast approaches.
Retail trade saw small gains according to business owners interviewed in May, though retail and auto repair is steeply down.
MEB leaders have travelled to Paris to meet several key partners and prepare for operations scheduled for the end of the year and 2021, with the aim of facilitating Monaco’s recovery.