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…
Category: CARIBBEAN BUSINESS AND FINANCE
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…
Trump issues 10% tariffs on Caribbean
By: Staff Writer April 4, 2025 US President Donald Trump has spread his global tariffication programme by announcing a 10 percent tariff on several Caribbean countries and implemented tariffs as…
Green Solutions International SKN and Guyana Power & Light Launch Women in Solar Energy Training Programme
Green Solutions International SKN Inc (GSI SKN), in partnership with Guyana Power and Light Inc (GPL), has launched a pioneering training and coaching programme aimed at empowering women in the…
Florida Congresswoman Honors Caribbean-American Entrepreneur With 2025 Women In Leadership Achievement Award
April 1, 2025 Florida’s Caribbean-American Congresswoman, Sheila Cherfilus-McCormick, (D-20th District), presented the 2025 Women in Leadership Achievement Award to Felicia J. Persaud, an award-winning, Guyana-born, U.S.-based Caribbean immigrant and trailblazing…
Rubio hints at exporting LNG to Jamaica in recent visit
By: Staff Writer March 28, 2025 United States Secretary of State Marco Rubio visited Jamaica on Wednesday, emphasizing the strong bilateral relationship based on shared values and mutual interests. Key…
The CDB highlights $323M in disbursed funding for 2024
By: Staff Writer March 25, 2025 The Caribbean Development Bank’s president Daniel Best said at the institution’s annual press conference last week Thursday that they have disbursed $323 million in…
How Trump’s Tariff Threats Could Impact The Caribbean
March 26, 2025 As former U.S. President Donald Trump signals the possible reimposition of sweeping tariffs come April 2nd —including a proposed 25% tariff on countries buying oil from Venezuela,…
Caribbean Development Bank, UK Foreign, Commonwealth & Development Office Sign £10 Million Agreement to Advance Geothermal Energy Development in Grenada
March 25, 2025 The Caribbean Development Bank (CDB), the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), and the Government of Grenada (GOGR) have taken a significant step towards advancing…