AGP Executive Report
Last update: 9 hours agoShipping: Monaco-based Costamare Bulkers reported third-quarter net income of $16.6 million and $358.2 million in total liquidity, with cash exceeding debt by $141.7 million. Economic Growth: Monaco’s GDP reached a record €10.6 billion in 2025, but real growth slowed to 1.7% from 8.8% as major building projects wrapped up. Construction value added fell 26.5%, while total business turnover dropped 7.6% and private-sector employment declined 1.3%. Workforce Development: SBM, Monaco’s largest private employer, has opened a staff training academy as it invests in employee development.
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