The Commonwealth of Dominica is building twelve new health centres as part of a broader mission to strengthen its healthcare infrastructure and provide citizens with higher quality services. Construction on…
Category: CARIBBEAN BUSINESS AND FINANCE
The Caribbean: Renewable Energy Paradise
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 2, 2021 With the majority of CARICOM members signed on to the ratification of the Paris Agreement, one which signals steps taken by nations around…
Jamaican bank leverages US$35m from IDB for SMEs
From: The Inter-American Development Bank January 29, 2021 IDB Invest, a member of the IDB Group, signed an agreement with JMMB Bank (Jamaica) Limited, which will allow the bank to…
Trini to Lead the Caribbean Export Development Agency
By: CEDA January 26, 2021 The Caribbean Export Development Agency (Caribbean Export) is pleased to announce that Mr Deodat Maharaj has been appointed as its Executive Director effective February 1,…
Lotto continues in Jamaica with new partnership
January 26, 2021 International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its subsidiary IGT Global Solutions Corporation (hereinafter “IGT”) has signed a seven-year contract extension with Supreme Ventures…
IMF Executive Board Concludes 2020 Article IV Consultation with The Bahamas
By: The IMF January 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with The Bahamas. The COVID-19 pandemic has exacted a…
Range Developments shows “commitment” to the Six Senses Grenada- hires contractor to finish project!
By: Staff Writer January 22, 2021 The executive team at Range Developments, the leading citizenship by investment (CBI) developer in the Caribbean, has named Humiclima as its MEP (mechanical, electrical…
Adam Stewart Named Executive Chairman Of Sandals Resorts International
Sandals Resorts International has announced Adam Stewart’s appointment as the resort company’s Executive Chairman. Stewart becomes just the second Chairman in the company’s 40-year history. He is preceded by his late Father…
Guyana president slams Venezuela’s Maduro over disputed oil territory
By: Staff Writer January 12, 2021 President of Guyana, Dr. Irfaan Ali, Saturday responded sharply to Venezuela’s President Nicolas Maduro who, on Thursday, escalated rhetoric that Essequibo, which comprises almost…
Americans can become citizens of SKN in two months under its CIP
By: Staff Writer January 12, 2021 As political unrest reaches a breaking point in the United States, American nationals will be pleased to know that there is a lucrative investment…
Major resort group teams with Sagicor to raise $125m!
By: Staff Writer January 12, 20201 Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (“Playa”) today announced the pricing of an underwritten public offering of 35,000,000 of its Ordinary Shares, consisting…
Florida based firm acquires 100% ownership Bermuda Stock Exchange
By: Staff Writer January 12, 2021 The Bermuda Stock Exchange (the Exchange or BSX) today released results for the year ending 31 December 2020, continuing its ongoing history of both product…