From Rabbit to Tiger: Monaco Experts Academy

 December 12, 2013

Monaco Experts Academy is dedicated to people aiming to achieve their personal and business goals. Monaco Experts Academy brings together people with diverse professional and cultural backgrounds. The community of Monaco Experts Academy shares the same goal of achieving visible results. No matter how the economic situation is there are always companies who are able […]

Monaco is Assessed as being “largely compliant” at the OECD Global Forum in Jakarta

 November 22, 2013

As part of the 6th meeting of the OECD Global Forum held in Jakarta on 21 and 22 November 2013, the rating for Monaco, based on the phase 1 and phase 2 reports, was approved, as were as those for 49 other States. Following the phase 2 review, which led to a report approved in […]

Monaco property price increases lag behind London

 November 19, 2013

Knight Frank reports in its Prime Global Cities Index that the prices of luxury properties from July to September 2013 have increased by an average of 1.2 percent. To September 2013, the biggest price rises were in Jakarta – up by 27.2 percent, and in Dubai – by 21.8 percent. Among European countries, the highest […]

Not for your eyes only

 November 15, 2013

Monaco has every reason to make its GDP report for 2012 readily accessible to the public on the website of the statistics body, IMSEE. As the global economy continued to decline, down two per cent, the Principality’s gross national product grew by 0.9 per cent in 2012 (after adjustment for inflation) to 4.48 million euros, […]

Banque Havilland acquires Banque Pasche

 November 12, 2013

Banque Havilland S.A., the independent private bank, has today announced its acquisition of the private banking business of Banque Pasche Monaco S.A.M. “The acquisition strengthens the Bank’s position in Monaco and supports the Bank’s objective to become a leading player in the Principality’s private banking sector,” Banque Havilland said… Banque Havilland, through its subsidiary Banque […]

CDE members sign cooperation pact

 November 11, 2013

Two companies that are members of the CDE, Monaco’s chamber of commerce, ES-KO and SONEMA, have signed a partnership agreement in order to develop solutions that combine their respective expertise. ES-KO is a leading supplier of harsh environment logistical support services, and SONEMA is a market leader in telecommunications and satellite networks… The agreement was […]

SBM Offshore’s COO dismissed

 November 11, 2013

SBM Offshore has issued a statement saying that effective immediately Bruno Chabas, CEO, has temporarily taken over the role of COO following the dismissal of Jean-Philippe Laures. “Although no further comments can be made at this time regarding the circumstances leading up to his dismissal, the company can reassure the market it is not related […]

BlackBerry’s Chen Gets Pay Package of $88 Million

 November 09, 2013

John Chen, who will attempt to turn around BlackBerry Ltd. as its new executive chairman and interim chief executive officer, will get $3 million in salary and bonuses, as well as restricted stock valued at $85 million. Chen, named to the post on Nov. 4, will be eligible for $1 million in base salary and […]

Uncomfortable reality

 November 08, 2013

He may be the most unpopular French president on record, but when François Hollande makes his first official visit to Monaco on Thursday 14th November (to be confirmed later today) at least some of his compatriots will be looking forward to seeing him. As a staunch socialist trying to cling on to a proposed 75 […]

Monaco ‘remains strong’ – CWC

 November 07, 2013

Cable & Wireless Communications is remaining upbeat following the move by the Monaco government to block the sale of part of its stake to Batelco of Bahrein. Chief Executive Tony Rice said: “We have agreed to unwind the agreement we announced with Batelco for a minority stake in our Monaco business. Monaco remains a strong […]

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