PORT LOUIS (Reuters) - Mauritius' trade deficit widened 7.8 percent to 7.8 billion rupees in November from a year earlier, due to lower earnings from exports, official data showed on Friday. Export earnings fell 8.8 percent to 5.8 billion rupees, on the back of a drop in revenues from food and live animals, Statistics Mauritius said in a statement. The value of food and animal exports decreased …
Deputy United States Trade Representative Demetrios Marantis has led a US delegation to Mauritius for talks with the local government under the US-Mauritius Trade and Investment Framework Agreement (TIFA), to discuss a broad range of issues relating to their bilateral trade and investment relationship.
L’Express (Port Louis)-I WILL never begin to understand why nailing the facts onto one’s side of the argument is considered by Mr Vayid (”Le Mauricien” 17th January 2012) to be “arrogant”.
PORT LOUIS (Reuters) - Tourist numbers in Mauritius rose by a lower-than-expected 3.1 percent to 964,642 visitors last year, due in large part to sluggish growth in the euro zone, a key market, official data showed on Tuesday. The tourism industry, a key driver of growth for the Indian Ocean island, will perk up next year, the statistics office said, with arrival numbers in 2012 seen increasing …
PORT LOUIS (Reuters) - A rise in alcohol and tobacco taxes increased Mauritius' revenue collection by 7.6 percent last year, beating the country's forecast after the Indian Ocean island raised excise duty on the commodities, the tax authority said on Monday. The island, whose economy is largely driven by the tourism sector, said revenue rose to 53.03 billion rupee from the previous year, the …
PORT LOUIS (Reuters) - The euro zone crisis, coupled with slow global recovery, especially in the United Sates, is boosting Mauritius' aim to diversify into emerging and regional markets, its industry minister said on Thursday. Relying less on Europe and moving into new markets and products would help the Indian Ocean island's export earnings grow by around 6 percent this year, Cader Sayed …
MAURITIUS. The name rolls off the tongue easily, bringing with it images of white beaches, pristine waters and sun-kissed travellers. The tiny island nation, a third the size of Bali, is also popular with diving enthusiasts, thanks to the many coral reef barriers found here.
PORT LOUIS (Reuters) - Consumer prices in Mauritius were flat in December, helping slow the annual average inflation rate for the first time in a year and a half, to 6.5 percent from 6.6 percent in November, official data showed on Monday. Prices of food and non-alcoholic drinks were unchanged in December from a month earlier, as were utility, gas and other fuel costs, Statistics Mauritius said …
PORT LOUIS (Reuters) - Mauritius’ central bank said on Wednesday it would sell 1.3 billion rupees of a reopened three-year Treasury note on January11. The note was first sold in October. “The Bank is pleased to announce the re-opening of the 5.50 percent Three-Year Government of Mauritius Treasury Notes due on 21 October 2014,” the central bank said in a statement. “In the event of …
IPS (Johannesburg)-Under a new gender quota law introduced in Mauritius, at least one-third of the candidates in local elections must be women.