Leader news

The Chairman of the Board of Directors of the Grand Port Maritime de La Réunion, Julien Dujardin, and the director of the French Development Agency in Reunion, Marie-Pierre Nicollet, signed on September 19 a financing agreement for an amount of 8 million euros for the purchase and modernization of a floating dock. This equipment, 120 meters long and 32 meters wide...

The increase in business failures remained very marked in Reunion in the 2nd quarter of 2024, according to the latest figures from the Overseas Departments Issuing Institute. It rose to +51,4 %, concerned all sectors and contributes mainly to the overall evolution of liquidations and judicial recovery throughout the Overseas Territories. Between June 2023 and June 2024, the progression of failures...

Sales of new vehicles fell by almost 10% in Reunion during the first nine months of the year, suggesting a very bad year for the profession. At the end of September, the decline in registrations stood at -9,69 %, or a little less than 20,000 new vehicles put into circulation. Market leaders (Renault, Peugeot and....

The consumer price index increased by 0,2% in August 2024, compared to July, in the meeting, according to INSEE. Service prices increased by 0,2 %, partly due to the increase in rental prices, water and household waste removal (+1,2 %). Prices for health and welfare services....

Philippe The Sister-in-Law, director of Iédom in Reunion, was optimistic about the island's economic prospects, last October 10 during the general assembly of the Import and Trade Union of Reunion Island. Speaker during a round table, he highlighted the resilience demonstrated by the local economy in 2023, notably thanks to the increase....

The upward trend in rates has not yet reversed for personal loans, but she slowed down. The increase in the average rate of new personal loans and other consumer credits was limited to 6 basis points (pdb) in the 2nd quarter of 2024 compared to the previous quarter (6,23 %, after +53 bp...

At the end of its plenary assembly on October 4, the Price Observatory, margins and revenues made a series of five proposals aimed at “improving transparency in large-scale, predominantly food-based distribution” in Reunion Island. While welcoming progress over the past months, the OPMR believes that local brands are making efforts overall..

French Bee does not give its competitors any respite on the Métropole-Réunion line. Its president Christine Ourmières-Widener announced at the end of September a significant strengthening of its program from November 1. French Bee will then increase its flight program between Orly and Saint-Denis from 7 to 9 weekly frequencies, then at 13 during the high season...

Roland-Garros airport welcomed 1,746,208 passengers during the first eight months of the year, figure almost identical to that of the same period in 2023. The clear increase in passengers in transit between the islands of the Indian Ocean and France (+11,4 %) compensates for a slight decline (-0,2 %) local passengers, starting or ending their trip to La...

Regional action in favor of tourism also involves training, to raise skill levels in the sector. The creation of a second hotel high school, which will complement that of Plateau Caillou and the CCI Réunion training center in L’Éperon, was thus recorded, for an investment amount of 84 million euros. The establishment will open its doors in....