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State-owned company to be set up to implement Heritage City Project

State-owned company to be set up to implement Heritage City Project
Date:December 30, 2015|Domain:Economy & Finance

​GIS - 30 December, 2015:  Government has given the green light for the setting up of the Heritage City Co. Ltd, a state-owned company, for the implementation of the new Heritage City Project at Minissy under the aegis of the Ministry of Financial S


PM chairs Second meeting of the Joint Public-Private Sector Steering Committee

PM chairs Second meeting of the Joint Public-Private Sector Steering Committee
Date:December 17, 2015|Domain:Economy & Finance

As a nation, we have to put our heads and our hands together to address the challenges facing our economy and our society at large so as to achieve improvement in the investment climate, jobs creation, the acceleration of economic growth and obvious


Mauritian Economy on the right track, says IMF Mission Director

Mauritian Economy on the right track, says IMF Mission Director
Date:December 14, 2015|Domain:Economy & Finance

GIS - 14 December, 2015: The Mauritian economy is evolving positively with an achievable growth rate within the range of 3-4 per cent, which is a respectable accomplishment in terms of per capita as compared to other countries across the world, said


Salary Compensation ranging from Rs 150 to Rs 250 granted to employees

Salary Compensation ranging from Rs 150 to Rs 250 granted to employees
Date:December 09, 2015|Domain:Economy & Finance--Employment/Labour

GIS - 09 December, 2015: The quantum of salary compensation for employees of both the public and private sector ranging from an increase of Rs 250 for those earning up to Rs 10 000 per month and Rs 150 for those above, was announced yesterday in Por


PM invited to launch India-Mauritius Global Partnership Summit

PM invited to launch India-Mauritius Global Partnership Summit
Date:December 08, 2015|Domain:International Relations--Economy & Finance--Business & Industry

GIS - 08 December, 2015: The India Mauritius Trade and Cultural Friendship Forum (IMTCFF) has invited the Prime Minister, Sir Anerood Jugnauth, to launch the India-Mauritius Global Partnership Summit to be held in Mauritius in May-June 2016. In th


Finance Minister outlines new economic vision to the IMF delegation

Finance Minister outlines new economic vision to the IMF delegation
Date:December 03, 2015|Domain:Economy & Finance

GIS - 03 December, 2015: The Minister of Finance and Economic Development, Mr Vishnu Lutchmeenaraidoo, outlined the new economic vision for the country during a working session held yesterday in Port Louis with a delegation of the International Mone


Moody's maintains Mauritius Baa1 government bond rating

Moody's maintains Mauritius Baa1 government bond rating
Date:December 01, 2015|Domain:Economy & Finance

GIS - 01 December, 2015: Moody’s Investors Service has maintained the current Baa1 government bond rating for Mauritius with a stable outlook according to its report released on November 24. According to Moody’s, the affirmation of the Baa1 rating


Mauritius and Morocco sign Double Taxation Avoidance Agreement

Mauritius and Morocco sign Double Taxation Avoidance Agreement
Date:November 27, 2015|Domain:Economy & Finance--International Relations

GIS - 27  November, 2015: Mauritius and Morocco signed on November 25 in Port Louis a Double Taxation Avoidance Agreement (DTAA) that will provide for greater tax certainty for businessmen of the two countries. The signatories were the Minister of


Prime Minister addresses Commonwealth Business Forum in Malta

Prime Minister addresses Commonwealth Business Forum in Malta
Date:November 26, 2015|Domain:International Relations--Economy & Finance--Employment/Labour

GIS - 26 November, 2015: Mauritius aims to operate as an intellectual capital hub from which highly skilled and highly qualified professionals can join forces with their counterparts on the African continent to ensure that a sustainable supply of mu


Mauritius and Australia agree to cooperate in Marine Renewable Energy

Mauritius and Australia agree to cooperate in Marine Renewable Energy
Date:November 25, 2015|Domain:Economy & Finance--International Relations

GIS - 25 November, 2015: Mauritius and Australia signed yesterday in Port Louis an agreement on Assessing Wave Energy and Micro Grid in Mauritius. A study will be conducted by the Australian firm Carnegie Wave Energy Limited. To this effect, a fundi