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Air Mauritius posts 9-month net loss as competition, costs increase
Air Mauritius reported a €25.4 million ($28.6 million) net loss for the nine-month period ending Dec. 31, 2018, down from a €10 million net profit for the year-ago period. The Indian Ocean-based carrier cited growing competition and increasing costs for the results.
Air Mauritius Links Loss To Competition, Fuel Cost Hike
Indian Ocean-based Air Mauritius reported a loss €25.4 million ($28.8 million) for the nine months ended Dec. 31, down from a €10 million profit year-over-year (YOY). In a statement, the carrier said it has been challenged by increasing costs and forced to review its business model within an environ
The Mauritius Government has Granted a Regulatory Sandbox License to PIRL
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Breaking: Wing of A350-900 Air Mauritius plane hit the tail of an Boeing 777 Air France aircraft
The wing of this plane hit the tail of an Air France aircraft during a Pushback operation on Wednesday. A misfortune never comes alone. At 24 hours when the Board of Air Mauritius is preparing to explain losses in the order of Rs 1 billion incurred during the first nine months of the current financi
Just back from: the Seychelles, Portugal, Mauritius and Honduras
At Lonely Planet we’re simply obsessed with travel; rarely a week goes by when someone hasn’t just got back from an epic trip. This month Lonely Planet staff share some of their recent adventures, from fulfilling lifelong dreams in Mauritius to munching a mega sandwich in Porto.
Food pop-ups: Tastes of Mauritius, plus a pairing of beer and roast pork
The pork was a signature product sold at the long-ago delis operated by Mastrocola’s late father; it is now distributed by Swedesboro’s Wellshire Farms and is carried at regional Whole Foods stores.
How did the Pink Pigeon bounce back from just nine birds?
Last year, one of Mauritius’ best-loved birds hit a milestone that delighted the conservation world. In the 2018 Red List update, the Pink Pigeon Nesoenas mayeri was downlisted from Endangered to Vulnerable, building upon the success of 2000, when it was downlisted from Critically Endangered to Enda
In the Daily: Regulatory Developments in Italy, Mauritius, Malta
In this edition of The Daily we cover recent regulatory developments regarding the use of cryptocurrencies and their associated industries from all over the world. Lawmakers in Italy have approved a definitions mandate, Mauritius has created a crypto custody license, and Malta is set to provide cybe
What Does It Look Like If Your Plane Looses The End Of Its Wing
This week, an Air France Boeing 777 and Air Mauritius Airbus A350 clipped wings during push-back at Paris-Charles de Gaulle Airport (LFPG), France in the midst of a foggy episode. The A350’s right wingtip and the elevator of the 777 sustained major damage as you can see from the tweet below.
Mauritius Regulators to Approve Digital Asset Custodian Licensing Framework
The Mauritanian Financial Services Commission (FSC) is establishing a regulatory framework for digital asset custodian services, according to an official announcement published on Feb. 8.
Three Nations Including Liberia, In EU’s blacklist of tax havens
Three major African countries have topped the list of non-cooperative tax jurisdiction in the world. It may be recalled that the European Union had last Wednesday published its first list of international tax havens, tagged: ‘named and shamed” 30 territories on list of international tax havens.
Mauritius | Tropical Cyclone GELENA - Emergency Response Coordination Centre (ERCC) – DG ECHO Daily Map | 08/02/2019
Tropical cyclone GELENA continued moving south-southeast over the Indian Ocean, strengthening. As of 8 February at 12.00 UTC, its centre was located approximately 509 km north-northwest of Mauritius and approximately 923 km north-west of Rodrigues (Mauritius), with maximum sustained winds of 194 km/
Mauritius to License Crypto Custodians Starting in March
Mauritius will soon license digital asset custodians as part of its plan to create a fintech hub “in and for” Africa. In an announcement Friday, the island nation’s Financial Services Commission (FSC) said that, after publishing draft rules in a consultation paper in November 2018, the framework has
9 epic Mauritius adventures that show why locals call it Paradise Island
With its postcard-perfect azure waters, palm-fringed beaches, white sand, and more luxury hotels than you can count, the tiny island of Mauritius seems like a classic honeymoon destination. But there’s a lot more to do on this isle east of Madagascar than doze on a hammock or stroll by the shore hol
Rapida 75 PRO soon on its way to IPC on Mauritius
Seminar with new sales partner DSI as catalyst for the order. Customer convinced by space-saving design and low energy consumption. It is set to commence its journey at the end of March – the first Rapida 75 PRO for a printing company on the island of Mauritius. IPC Imprimerie & Papeterie in Cassis,
Printer in Mauritius invests in Koenig & Bauer sheet-fed offset press
IPC Imprimerie & Papeterie has invested in a 4-color Rapida 75 Pro sheet-fed offset press, the first of its kind from Koenig & Bauer on the holiday island. IPC comprises a graphic design studio, printshop and finishing department, and is active in both commercial and packaging printing. In addition,
Le Morne, Mountain of the Slave Maroons in Mauritius
There is a legend that marooned slaves jumped off the high cliffs of a mountain to their death into the sea, when they saw a ship approaching, because they believed the ship was sent to capture them, yet the ship was sent to inform them of their manumission. At the south-western tip of the island of
Mauritius – Mozambique developing tourism partnership
The signature of an MOU in the field of tourism was signed last week between the Tourism Ministers of Mauritius and Mozambique. The signature of the MOU took place following a working session between Mauritius Minister Anil Gayan and Silva Dunduru, the Honorable Minister of Tourism and Culture of Mo
Gelena (Southern Indian Ocean)
Feb. 8, 2019 – NASA’s Aqua Satellite Finds Tropical Cyclone Gelena’s Strongest Side. NASA’s Aqua satellite passed over the Southern Indian Ocean and captured an infrared image of Tropical Cyclone Gelena that revealed strongest storms were northwest of the eye.
Zero Tariff Benefit Draws Increased Interest for Denim Made in Mauritius
Made in Mauritius denim is making its mark on the industry—particularly at a time when the promise of zero tariffs proves an even more precious perk. The tiny isle off the coast of Africa enjoys the benefits of the yet untouched African Growth and Opportunity Act (AGOA), a trade privilege program th