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Saturday, May 18, 2024

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Economy

Press Briefing

Boolell: Pravind Jugnauth Is Impoverishing The Population

Staff -
The leader of the Labour Party in Parliament, Arvin Boolell faced the press this morning and drew a bleak picture of our economy. He...
World

China Punishes Local Officials For Misrepresenting Economic Data

Staff -
As part of an effort to curb data fraud as the economy declines, the country’s statistics bureau said Friday that China has punished a...
Economy

National Conference : Transitioning To A Circular Economy

Staff -
“Government has a key role to play in moving from our overtly linear model to a circular model, and this transition will only happen...
World

China Decides To Run Digital Currency Trials To Boost Economy

Staff -
China, the world’s second-largest economy, was already witnessing a slump in the latter half of last year and its growth again seems to be...
Economy

Purchasing Power: BoM Intervenes To Relieve Consumers ! The PM Is Willing To Sacrifice Projects

Staff -
The Bank of Mauritius (BoM) has intervened in the domestic foreign exchange market to sell $ 25 million at Rs. 43.15, yesterday. Has the...
Global

Sri Lanka Forex Crisis Worsens: Can China And India Help To Avoid A Sovereign Default?

Staff -
A number of analyses indicate that Sri Lanka is on the verge of a sovereign debt default as the country’s usable foreign currency reserves...
Banking

SBM Publishes The Eleventh Edition Of SBM Insights

Staff -
The SBM Group has published a new edition of SBM insights®, as it proudly moves to expand and strengthen its engagement with its stakeholders....
World

Turkish Lira Plunges To New All-Time Low

Staff -
On Monday, the Turkish currency weakened to another record low dropping below 14 lira per US dollar amid investor concerns ahead of a policy-setting...
Economy

Salary Compensation 2022: The Quantum Calculated At +3.5% Of Inflation Rate

Javed Sobah -
The news of the second tripartite meeting came out on Thursday 9th December. The salary compensation to all employees in the private and public...
Tourism

New Mauritius Hotels Ltd To Incur Losses Of Rs 3.1 Billion In FY-2021

Staff -
"The hospitality sector has undoubtedly gone through one of its most challenging years in its history," New Mauritius Hotels Ltd Group points out in...
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