August 9, 2022 Speciality foods ranging from cocoa to coffee, sauces to blended seasonings, and rice to fragrant breads, are being snapped up by consumers eager for new food experiences…
Category: CARIBBEAN BUSINESS AND FINANCE
Caribbean $120m data centre growth not surprising says Cloud provider!
By: Staff Writer August 5, 2022 A regional Cloud Services provider calls the growth in the Caribbean data centre markert unsurprising and because the market has converged over time, these…
NCB FINANCIAL REPORTS $18.6BN NET PROFIT OVER LAST NINE MONTHS
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com August 5, 2022 NCB Financial Group is reporting an unaudited consolidated net profit of $25.9bn for the nine months ended June 30th, representing a $12bn increase…
Signing of three grant agreements between the Government of Haiti and the World Bank
August 5, 2022 The Haitian Government, represented by the Minister of Economy and Finance, Michel Patrick Boisvert, and the Chief of Operations of the World Bank in Haiti, Laurent Msellati,…
Guyana Poised To Break $1BN In Oil And Gas Revenue This Year
August 2, 2022 Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022. Guyana may see $7.5 billion in annual oil and gas revenues by 2030.…
Citizenship by Investment: Transforming investment diversification options for HNIs
August 2, 2022 There is a programme that has the power to transform options in investment diversification for high net-worth individuals (HNIs), even in the current climate of pandemic-induced and…
Damen and Curacao Plan Investments for Caribbean’s Largest Shipyard
August 2, 2022 Investments for the facilities at Damen Shiprepair Curacao, the largest shipyard in the Caribbean, are expected to proceed shortly. The shipyard located on Curacao near the coast…
JMMB posts US$78M net profit, marks 30-year anniversary.
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com July 29, 2022 JMMB Group posted a net profit of J$ 12.01bn representing a growth of 56 percent over the prior year. The group shared this…
ExxonMobil makes two more discoveries offshore Guyana
July 26, 2022 ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru…
Dominican Republic’s Agro-food Producers to Increase Exports with Support from the EU and CDB
July 26, 2022 Creating greater export opportunities for Micro, Small, and Medium Enterprises (MSMEs) in agriculture to access more markets and build resilience is the focus of a new project…