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CATEGORY

Business & Finance

Read the latest news from the world of business and finance over here. We bring to you the latest happenings from economy, business, banking and much more.

Business & Finance

Financial Services: Minister Seeruttun Reiterates Importance Of Maintaining Mauritius’s Competitiveness On International Market

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Against a fluid and rapidly-evolving global financial landscape, the introduction of this new enhanced automated platform will further liberalise and modernise our capital market...
Economy

Supplementary Appropriation (2021/2022) Bill To Be Introduced Tuesday

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The Supplementary Appropriation (2021/2022) Bill will be presented by Finance Minister Renganaden Padayachy for debate and adoption on Tuesday. The Finance Minister is asking...
Business

Apple Looks To Boost Production Outside China – Wall Street Journal Reports

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India and Vietnam, which are already sites of Apple production, are among the countries short-listed by the company as alternatives, Wall Street Journal reported Apple...
Economy

Pre-Budget Consultations: Finance Minister Meets Representatives Of Trade Sector

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Ahead of the 2022-2023 Budget, the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, had a pre-budget consultative meeting, on Wednesday afternoon,...
Business

SMBC Aviation Nears $7 Billion Deal For Rival Goshawk

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A flurry of deals has reshaped a global air finance industry that has attracted a huge swathe of capital in recent years. SMBC Aviation Capital,...
Banking

SBM Holdings Ltd Continues To Grow In Q1 2022

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SBM Group has started its fiscal year 2022 on a strong footing. It recorded net profits of Rs 714.5 million for the first quarter...
Business

Aramco Takes Over Apple As Most Valuable Firm

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Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years....
Economy

According To The IMF, Mauritius Is Gradually Recovering From The Pandemic

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On this Tuesday 10th May 2022, a report on an International Monetary Fund (IMF) mission, led by Cemile Sancak, was submitted to the Government...
Economy

Decline In Our Gross Official International Reserves

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Gross Official International Reserves: End-April, 2022 the Gross Official International Reserves (GOIR) of the country decreased by Rs47.3 billion, from Rs361.7 billion (equivalent to...
Economy

Renganaden Padayachy Very Attentive To The Proposals Of His Fellow Ministers

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Pre-budget consultations continued over the past week. Finance and Economic Development Minister Renganaden Padayachy listened to his fellow government ministers. Financial Services and Good Governance...
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