November 11, 2022 Supply-side inflationary pressures continue to build across the Caribbean, enhanced by currency depreciation in Suriname and Cuba. Bahamas downgraded (Moody’s), Barbados affirmed (Fitch), Jamaica affirmed (S&P).
Category: CARIBBEAN BUSINESS AND FINANCE
Saint Lucia increases its production capacity to overcome dependency on food imports
November 11, 2022 In response to the global food crisis, Saint Lucia, a small island state in the Caribbean, has rolled out a number of government programmes to increase food…
Online Job Searches Can Help Disabled Workers
November 11, 2022 While employers seeking to hire skilled labourers often use traditional forms of recruitment, such as by word of mouth, a businessman and recruitment expert is encouraging more…
Women Likely Leading Jamaica’s Recovery
November 11, 2022 Whether knowingly or unknowingly, women are likely leading the charge when it comes to Jamaica’s recovery, with labour data showing they perform the double duty of accounting…
CEO Denounces Fake Jobs Scam
November 8, 2022 The CEO of a regional recruitment service is strongly denouncing scam artists using “half-truths” about labour challenges in the United Kingdom to target hopeful jobseekers. This follows…
CEO Lauds Efforts To Increase Employment In Suriname
November 8, 2022 A significant loan from the Inter-American Development Bank (IDB) demonstrates the government’s commitment to ensuring the Surinamese people are gainfully employed, said the CEO of a regional…
Public Sector “Right-Sizing” Bodes Well For The Economy
November 8, 2022 The government’s efforts to restructure and “right-size” the public service by filling job vacancies bodes well for the economy, says Caribbean Employment Services Inc. CEO Joseph Boll.…
Growth to halve in region says IMF
By: Staff Writer November 4, 2022 The International Monetary Fund (IMF) warns that growth will “decelerate in 2022 from 3.5 percent to 1.7 percent” as downside risks “dominate” the regional…
Region’s financial systems remain resilient despite climate change shocks!
By: Staff Writer November 4, 2022 The International Monetary Fund remains optimistic on the region’s financial systems staying resilient in the face of climate change disasters, but we should not…
CariCRIS assigns Corporate Credit Ratings to Access Financial Services Limited
November 4, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial issuer/corporate credit ratings of CariBB+ (Foreign Currency Rating) and CariBBB- (Local Currency Rating) on the regional…
Regional Business Forum Set to Unleash Caribbean’s Investment Potential
November 4, 2022 Global business leaders looking to invest in the Caribbean and connect with regional innovators and entrepreneurs will soon be gathering at the highly anticipated Caribbean Investment Forum…