VIDEO: Beaches Turks and Caicos reopens- premier does the slide in excitement! By: Staff Writer December 25, 2020 Beaches Turks and Caicos, one of Sandals Resorts International’s resort brands has…
Category: CARIBBEAN BUSINESS AND FINANCE
Marriot AC Hotels expands to Dominican Republic.
The world’s largest hotel chain, Marriott, together with investment firm EGI Business Group, adds to its growing portfolio in Latin America with the introduction of AC Punta Cana in the Spring of…
New $70m St Kitts solar plant is partnership, not takeover!
By: Staff Writer December 25, 2020 A new solar energy project for the St. Kitts and Nevis energy company, SKELEC, will not be a foreign takeover but rather is just…
US Congressman warns “catastrophic” if Bahamas drills for oil!
By: Staff Writer December 21, 2020 U.S. Representative warns Bahamian government to not allow Bahamas Petroleum Company (BPC) to drill for oil in Bahamian waters, citing fears of “catastrophic” impact…
Guyana to strengthen public policy response to the COVID-19 pandemic with IDB support
Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…
CariCRIS further lowers the ratings on Mystic Mountain Limited
Below is a release from Caribbean ratings agency CariCris. Further to our rating downgrade effected on July 21, 2020, Caribbean Information & Credit Rating Services Limited (CariCRIS), the region’s credit…
RBC is proud to work with IDB in $250M (TT) Trinidad mortgage scheme.
By: Staff Writer November 11, 2020 A senior RBC executive said that he is “proud” to help provide finance to Trinidad’s Home Mortgage Bank as a part of an Inter-American…
Dominica resort receives international first as it strengthens its CBI portfolio during BREXIT!
By Staff Writer December 4, 2020 Dominica’s Cabrits Kempinski Resort Becomes the First Recipient of the Annual World MICE Awards The Commonwealth of Dominica’s real estate sector has been making international waves…
It could take “years” for The Bahamas to recover from COVID-19 says IMF.
By Staff Writer December 4, 2020 The International Monetary Fund (IMF) said that it could take “years” for employment and income levels in The Bahamas to recover from the COVID-19…