“The whole of society” effort redefined public health in the region during COVID-19!

By: Staff Writer September 30, 2022  The Pan American Health Organisation (PAHO) director said that the community effort during the COVID-19 pandemic helped to “redefine” the public health system across…

BARBADOS SIGNS UP FOR IMF’s RESILIENCE AND SUSTAINABILITY TRUST (RST) PROGRAM, WITH AN ACCOMPANYING EXTENDED FUND FACILITY

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Fresh from her high-level talks at the United Nation’s, Barbados Prime Minister is sticking to her guns in getting the financing she says…

BARBADOS ANNOUNCES OFFSHORE BID ROUND COME DECEMBER 1ST

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Barbados will open its Offshore Licensing Bid Round on December 1st, 2022.  Foreign Trade and Business Minister, Sandra Husbands, disclosed the statement earlier…

FAO commemorates International Food Loss and Waste Awareness Day with an important call to action

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 The Inter-American Development Bank (BID), the Ministry of Agriculture of Argentina, and the Parliamentary Front Against Hunger addressed strategies and actions to reduce…

SANDALS Sweeps World Travel Awards for Caribbean 29th Consecutive Year  

September 30, 2022 A look back, a look forward for CEO Adam Stewart   The first time Adam Stewart donned a tuxedo and accompanied his father, the late Butch Stewart, to…

CariCRIS upgrades its Corporate Credit Ratings for JMMB Group Limited

September 30, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded by 1-notch the issuer/corporate credit ratings to CariA- (Regional Local Currency) and CariBBB+ (Regional Foreign Currency) and…

Lack of credit sends Venezuelan businesses seeking loans abroad

September 30, 2022 Venezuelan business owners struggling to get access to credit amid their country’s continued economic crisis are seeking loans through foreign banks, business people and finance industry sources…

CHUCK E. CHEESE OPENS FIRST LOCATION IN SURINAME

September 30, 2022 Chuck E. Cheese, the world’s #1 family entertainment restaurant brand has opened its doors in Suriname, their first location in the market. The newly operational fun center…

IDB Approves $106 Million Loan to Revive Tourism in El Salvador

September 30, 2022 The Inter-American Development Bank (IDB) approved a $106 million loan to help El Salvador’s tourism industry rebound and grow. The operation is designed to make the sector…

IDB Invest and IFC Partner with HDF Energy and Rubis to Develop First Green Hydrogen Power Plant in Barbados

September 30, 2022 This project aims to provide electricity to 16,000 homes at a competitive tariff in Barbados, helping reduce emissions and add firm generation capacity through domestic and abundant…

IMF Executive Board Concludes 2022 Article IV Consultation with Guyana

September 30, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana. Following the pandemic-induced recession in 2020, and protracted political transition, non-oil…

IMF Reaches Staff-Level Agreement with Barbados for a Resilience and Sustainability Trust (RST) program, with an accompanying Extended Fund Facility (EFF)

September 30, 2022 Barbados is the first country to reach a staff-level agreement to access the IMF’s Resilience and Sustainability Trust (RST), which aims to provide affordable, long-term financing to…