February 15, 2022 St Lucian entrepreneur Gidden Augustin always dreamed of starting his own company after growing up on his parents’ farm and seeing his father manage the family business.…
Category: CARIBBEAN BUSINESS AND FINANCE
ExxonMobil starts production at Guyana’s second offshore development
February 15, 2022 Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year Accelerated development brings Guyana production capacity to more than 340,000 barrels…
IMF Staff and Suriname Reach Staff-Level Agreement on the First Review of the Extended Arrangement Under the Extended Fund Facility
February 15, 2022 The IMF staff team and Surinamese authorities reached a staff-level agreement on the first review of the authorities’ economic recovery program supported by the Extended Fund Facility…
IMF Executive Board Concludes 2021 Article IV Consultation with Dominica
February 15, 2022 The Executive Board of the International Monetary Fund (IMF) concluded on February 2 the Article IV consultation with Dominica. [1] The COVID-19 pandemic took a heavy toll at…
Bahamas a Top-Performing Flag State, Says ICS Report
February 8, 2022 The Bahamas has been confirmed as a top-performing flag state, achieving positive scores across all 19 categories of the International Chamber of Shipping (ICS)’s 2020-21 Flag State…
Jamaica-based Private Equity Firm Takes 26% Stake in My Ocean, ‘Hand-made in The Bahamas’ Soaps, Candles & More
February 8, 2022 A Bahamian company that started with a few hand-made soaps and a cultural vision is going into expansion mode, moving into spacious manufacturing headquarters and expanding staff and…
Premier of the Turks and Caicos Islands on Official Visit to the Caribbean Development Bank
February 8, 2022 A shared mission of advancing the Caribbean Region must continue to bond the staff of the Region’s leading development institution, the Caribbean Development Bank (CDB), and the…
MASSY CROSS LISTING ON JAMEX
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 4, 2022 Performance Indices one week after. It has been one week since Trinidad and Tobago based conglomerate, Massy Group cross listed on Jamaica Stock…
CDB GIVES 2022 OUTLOOK POST PANDEMIC, RECOVERY MODE
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com January 28, 2022 Its coming into two years since the pandemic began to take its toll on the Caribbean region, and with many nations coming to…
Introducing “Vivid Cayman – A Leather Collection by Laudi Vidni,” A Cayman Islands Department of Tourism and Laudi Vidni Collaboration
February 4, 2022 Custom Collection Designed by Chicago-based, Luxury Leather Goods Retailer is Inspired by the Unique Colours and Hues of the Caribbean Destination The Cayman Islands Department of Tourism (CIDOT) today…
The Caribbean: The Haven for The Wealthiest People In The World
February 4, 2022 The business world is witnessing a surge in the number of High Net-worth Individuals looking for a Caribbean passport. And that’s why today, the Caribbean recovery is majorly influenced by these…