By: Staff Writer April 25, 2025 A new report published by the World Economic Forum said that the digital gap must close in Latin America and the Caribbean (LAC) and…
Category: BUSINESS AND FINANCE
IMF cuts Caribbean and Central American growth forecasts
By: Staff Writer April 25, 2025 The International Monetary Fund this past Tuesday cut growth forecasts for the Caribbean from 2.5 percent to 2.0 percent. For central America the estimate…
The Caribbean King of Cannabis Skincare Hits the Mile High Scene
April 22, 2025 From the beaches of Dominica to the high streets of Denver, Elvis “Papi” Edwards is redefining what Caribbean hustle looks like — and it smells like aloe,…
Colombia: Staff Statement
April 22, 2025 The Colombian economy continues to expand with some moderation in key imbalances. After slowing sharply in 2023, the economy expanded by 1.7 percent in 2024 supported by…
US eases China port fees for Caribbean and other US territories
By: Staff Writer April 18, 2025 The Trump administration eases port fees for Chinese ships headed for the Caribbean, Great Lakes and other US territories. The Office of the US…
US secures Panama Canal amid tensions with China
By: Staff Writer April 18, 2025 U.S. Defense Secretary Pete Hegseth, in a recent visit to Panama, announced in a speech that they have reached a landmark security cooperation agreement…
OECS GEOBUILD announces energy engineering and technical advisors to advance geothermal development across the region
April 18, 2025 The Organisation of Eastern Caribbean States (OECS) Commission is pleased to announce the addition of Milan-based firm ELC Electroconsult S.p.A. as geothermal energy engineering and technical advisor…
Suriname: Ninth Review Under the Extended Arrangement Under the Extended Fund Facility
April 18, 2025 Suriname: Ninth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff…
The CHTA warn high operating costs are hampering growth
By: Staff Writer April 11, 2025 The Caribbean Hotel and Tourism Association (CHTA) in their Caribbean Tourism Industry Performance & Outlook Report warns that high operating costs are hampering profitability.…
Fitch Assigns the Bahamas ‘BB-‘ IDR; Outlook Stable
April 11, 2025 Fitch Ratings has assigned the Commonwealth of the Bahamas a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB-‘. The Rating Outlook is Stable. A full list of…
The IDB highlights geopolitical risk clouding LAC economic outlook
By: Staff Writer April 8, 2025 The Inter-American Development Bank (IDB) in their macroeconomic report for 2025 said that notwithstanding Latin American and Caribbean countries are returning to their average…