July 8, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Dominican Republic and considered and endorsed the staff appraisal without a meeting [2] .…
Category: CARIBBEAN BUSINESS AND FINANCE
Saint Lucia’s Farmers and Agro-processors Receiving EU, CDB Assistance to Supply New Markets
July 8, 2022 Export growth and stronger food security will be the focus of a new project in Saint Lucia supported by the European Union (EU) and the Caribbean Development…
CariCris: Bourse Securities Upgraded
July 5, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the Corporate Credit Ratings assigned to Bourse Securities Limited (BSL or the Company) by onenotch to CariA…
Haiti: Staff-Monitored Program-Press Release; and Staff Report
July 5, 2022 Since 2018, Haiti has experienced a protracted political crisis, repeated country lock-downs and civil unrest, an earthquake, the assassination of its president and a deep recession. Policymakers…
IMF Management Approves a Staff-Monitored Program for Haiti
July 1, 2022 The Staff-Monitored Program (SMP) aims to help the government restore macroeconomic stability and lower inflation―a key goal given the heavy burden of high inflation on the poor.…
Kawana Bay developer to continue arbitration against Grenada despite government change!
By: Staff Writer June 28, 2022 The developer of the Kimpton Kawana Bay project in Grenada has “no choice” but to continue World Bank arbitration for the project, despite the…
COVID-19 has changed the landscape for small businesses in the Caribbean
By: Staff Writer June 28, 2022 The Caribbean Export Development Agency hosted a webinar for the Ministry of Micro, Small and Medium Enterprises (MSME) Day Mr. Ronald Ramjattan, chief executive officer…
UWI Professor: Small business means being nimble!
By: Staff Writer June 28, 2022 The Caribbean Export Development Agency hosted a webinar for the Ministry of Micro, Small and Medium Enterprises (MSME) Day where being “nimble” was the…
CariCRIS assigns overall ‘good creditworthiness’ ratings to bond issue of up to US $160M of JMMB International Limited
June 28, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned an initial issue rating of jmA (Foreign Currency Rating) on the Jamaica national scale to the up…
CARICRIS: Seprod’s ratings are good
June 28, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS), has reaffirmed the assigned corporate credit ratings of CariA- (Local Currency Rating) on the regional rating scale, and jmAA-…
CARICRIS: PLIPDECO maintains good ratings
June 28, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned ratings of CariA+ (Foreign and Local Currency Ratings) on the regional rating scale and ttA+…
CARICOM DISSECTS WTO’S MC12’s IMPACT ON REGION
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com June 24, 2022 Curbing Illegal, Unreported and Unregulated (IUU) fishing was just one of the few outcomes Caribbean states will benefit from following the 12th World…