First IOR-ARC Economic, Business Conference on July 4-5

Photo: K V Bhagirath, Secretary General of IOR-ARC

India, Mauritius to host first IOR-ARC Biz forum in July, In the light of a decision taken during the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) forum held in Gurgaon on October 30, 2012, Read More

Mauritius to host Indian Ocean Tuna Commission Meeting

The Government of Mauritius through the Ministry of Fisheries is hosting the 17th Session of the Indian Ocean Tuna Commission (IOTC) Meeting from 6 to 10 May. The IOTC is an intergovernmental organisation mandated to manage tuna and tuna-like species in the Indian Ocean.

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IMF praises the resilience of the Mauritian economy

The Mauritian economy performed reasonably well in a difficult external environment in 2012. Growth decelerated to 3.3 percent, due to weak sugar and textile exports and a slowdown in the construction sector Read More

Proposed restructuration of MCB Group

The Mauritius Commercial Bank Limited (MCB) proposes to separate its Banking and Non-Banking operations and raise capital in order to position the Group for future growth. Read More

Business confidence takes a leap in Mauritius

The latest issue of the MCCI Business Confidence Indicator shows a strong increase in business confidence for the first quarter of the year. It has risen by 6.2 points to establish itself now at 91.6 points (a 7.3% leap). Read More

Mauritius and Zambia sign agreement

The Government of Mauritius and the Republic of Zambia signed an agreement recently with regards to the agreed areas of cooperation between the two countries during the 2nd session of the Zambia-Mauritius Joint Permanent Commission of Cooperation held this week in Mauritius. Read More

Mauritian GDP expected to grow by 3.5%

GDP growth is expected to be 3.5% for Mauritius according to figures revealed by the Statistics Mauritius yesterday. This means that the GDP will be lower than the 3.7% growth forecasted in December 2012, mostly due to a deeper contraction of -6.9% in “Construction” instead of -2.0% as forecasted earlier, explained by delays expected in the implementation of road decongestion projects. Read More

Mauritius and India to cooperate in renewable energy technology and exploration of marine resources

March 13, 2013 – The Prime Minister, Dr Navin Ramgoolam had a working session on 12 March at Clarisse House with the Indian President, Mr Pranab Mukherjee, who is on a State visit to Mauritius. Discussions were focused on potential areas of cooperation in the area of exploration of marine resources, renewable energy and environment-friendly technology. The Indian President is the Chief Guest of the celebration of the National Day 2013. Read More