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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

Cargo Handling Corporation Ltd: SP Kechan Balgobin As Chairman

Staff -
The Cargo Handling Corporation Ltd (CHCL) now has a new acting chairman following the departure of Sanjeeven Permal. He is Kechan Balgobin. He was...
Global

Rakesh Jhunjhunwala’s Akasa Airlines Will Start Operation In 2022

Staff -
Rakesh Jhunjhunwala's Akasa Airlines is looking to start operation in India by the summer of 2022, according to the the company . The later...
Banking

Taxation Of Trust And Foundation In An Evolving Fiscal Landscape

Mazars -
With pressure mounting from the Organisation for Economic Corporation and Development (“OECD”) and with a view to mitigate the risk of Mauritius being listed...
Global

World Leaders Reach Deal On A Global Corporate Tax Rate

Staff -
The Organization for Economic Cooperation and Development on Friday announced a major breakthrough on corporate tax rates, after years of disagreement. A milestone global deal...
Economy

CPI: Dipping Food Prices Help To Keep Inflation Stable

Staff -
The Consumer Price Index of the Central Statistics Office shows that prices have increased by 0.1% between August and September 2021. Mainly driven by...
Indian Ocean Region

Mukesh Ambani: Asia’s Richest Man To Launch 7-Eleven In India

Staff -
The company owned by Asia’s richest person is set to launch 7-Eleven convenience stores across India. The retail arm of Mukesh Ambani’s Reliance Industries states...
Legal

PAD CO Executive Director Cannot Leave The Country

Staff -
A travel ban order has been issued against the executive director of PAD Co. Ltd. Alain Hao Thyn Chuan Ha Shun, the CEO of...
Business

Arrest Of Aboubakar Ibrahim Rajah, Director Of Alassio Ltd

Staff -
Following a referral from the MRA, ICAC initiated an investigation into Alassio Ltd which, according to the tax authorities, was not VAT registered but...
Local News

Mauritius World Trade Center On The Right Track

Staff -
A property developer has been identified. Construction to begin in 2022. According to a source at the Mauritius Africa Fund (MAF), seven international promoters...
Business

Ocorian Mauritius Chosen As Administrator For First Ever Fund Established In Ivory Coast

Staff -
Ocorian in Mauritius has been appointed as the administrator for the first ever fund established in the Ivory Coast. Titled Genesis Hospitality Immo Fund...
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