The bimonthly publication will feature innovations, business start-ups and corporate deal makers.

The first edition features an interview with David Stevens, the chief operating officer of private motor insurance company Admiral and an overview of the Welsh economy by Professor Robert Huggins of Uwic's School of Management.

The next edition in April will carry an interview with Trade Minister Lord Davies of Abersoch and an analysis on how Wales is coping with economic inactivity.

The magazine will also feature the first Welsh-language business column by Ron Jones, executive chairman of Llanelli media group Tinopolis. The English version will be available on walesonline.co.uk