By: Staff writer February 9, 2021 The Bahamas Petroleum Company (BPC) has found no oil in Bahamian waters and will now move on to the Southern Caribbean BPC in a…
Category: CARIBBEAN BUSINESS AND FINANCE
UN Commission projects a 20% drop in regional trade for Caribbean!
By: Staff Writer February 5, 2021 Regional trade for the Caribbean is projected to fall by 20 percent in a “worrying” report from the United Nations Economic Commission for Latin…
CDB Awards US$50k in Grants to Animation, Film Projects in Saint Lucia and Trinidad and Tobago
By: The Caribbean Development Bank February 5, 2021 The Caribbean Development Bank (CDB) has awarded US$ 50,000 in grant funding to two film and animation entities in Saint Lucia and…
St Kitts and Nevis Eagar to ‘Flourish’ Diplomatic Relations under New US Leadership
Prime Minister of the Federation of St Kitts and Nevis, Dr the Honourable Timothy Harris, has joined other world leaders in congratulating the new leadership in the United States of…
CBI Researcher Forecasts Dominica’s Programme to Rank High in 2021
A renown Citizenship by Investment (CBI) researcher said that Dominica’s programme will rank high in 2021, further cites low COVID-19 rates as desireable. Plan B, a podcast about citizenship by…
Dominica Prioritises Strengthening Healthcare Infrastructure with Citizenship-by-Investment Funds
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…
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…