Mauritius offshore profits dip, revenues climb
Mauritius’ offshore
sector countered the global downturn with a 15 percent increase in
revenues in 2009 but the sector’s profit fell slightly, the Financial
Services Commission (FSC) said on Wednesday.
The remote Indian
Ocean island is keen to develop itself as a leading financial hub and
pitches itself as a platform bridging Africa, the Indian sub-continent
and Asia.
“Total turnover of
$158.53 million dollars was generated in 2009 compared to $ 137.75
million in 2008. That is an increase of 15 percent over the previous
year”, the FSC said in a statement.
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