By: Staff Writer January 8, 2021 Future FinTech Group Inc. a leading blockchain e-commerce company and a service provider for financial technology headquarted in China, announced it has signed a…
Category: CARIBBEAN BUSINESS AND FINANCE
Cuba’s new single currency will bring pain to Cubans warns observer- is the Cuban government “confused” on the objectives?
By: Staff Writer January 5, 2021 Cuba ended its dual currency economy on January 1, but a Cuban trade expert said that there will be “substantial pain” brought on the…
Guyana still on track to topple Venezuela as Latin America’s 2nd largest oil producer
From: The Guyana Petroluem Digest January 5, 2021 Despite Venezuela’s proven oil reserves standing at a whooping 303 billion barrels – the largest in the world – Guyana, its English-speaking…
Grenadian opposition calls “vendetta” on government handling of Energy Company shares.
By: Staff Writer January 1, 2020 Grenada opposition party calls the handling of the power company by the government “reckless” fueled by “personal vendettas.” The National Democratic Congress (NDC) in…
WRB forced to drop Grenada power company after court battle- Blames Government!
By: Staff Writer December 29, 2020 The Grenada government’s “unwillingness” to work together to keep Grenlec delivering consistent power to Grenadians has forced the Tampa based power company, WRB, to…
Shopping giant to open new warehouses in Jamaica and Guatemala by early 2022
By: Staff Writer December 29, 2020 Shopping giant and warehouse club is proceeding with construction of two new warehouses in Jamaica and Guatemala for a Spring 2022 opening. PriceSmart, Inc.,…
VIDEO: Beaches Turks and Caicos reopens- premier does the slide in excitement!
VIDEO: Beaches Turks and Caicos reopens- premier does the slide in excitement! By: Staff Writer December 25, 2020 Beaches Turks and Caicos, one of Sandals Resorts International’s resort brands has…
Marriot AC Hotels expands to Dominican Republic.
The world’s largest hotel chain, Marriott, together with investment firm EGI Business Group, adds to its growing portfolio in Latin America with the introduction of AC Punta Cana in the Spring of…
New $70m St Kitts solar plant is partnership, not takeover!
By: Staff Writer December 25, 2020 A new solar energy project for the St. Kitts and Nevis energy company, SKELEC, will not be a foreign takeover but rather is just…
US Congressman warns “catastrophic” if Bahamas drills for oil!
By: Staff Writer December 21, 2020 U.S. Representative warns Bahamian government to not allow Bahamas Petroleum Company (BPC) to drill for oil in Bahamian waters, citing fears of “catastrophic” impact…
Guyana to strengthen public policy response to the COVID-19 pandemic with IDB support
Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…