April 30, 2021 The program aims to lay the foundation for a strong, resilient, and inclusive economic recovery through protecting the poor, lowering inflation, restoring debt sustainability, and investing in…
Category: CARIBBEAN BUSINESS AND FINANCE
Caribbean Ratings Agency CariCRIS expands into Jamaica
April 30, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) today held the official launch of a branch office in New Kingston, Jamaica, this being the Company’s first office…
How Coffee Solutions Limited increased export sales and revenue in 2019 – A DAGS Case Study
By: Staff Writer April 27, 2021 A Jamaican coffee producer increased exports by 10 percent in 2019 as well as increased overall operational efficiency due to direct support from the…
ExxonMobil announces discovery at Uaru-2 offshore Guyana
April 27, 2021 Guyana potential increases to as many as 10 floating production storage and offloading vessels (FPSO) Estimated recoverable resource of approximately 9 billion oil-equivalent barrels to increase Six…
Acquiring Second Citizenship Unlocks Greater Travel Freedom for African Professionals, Says CEO of St Kitts and Nevis’ Citizenship by Investment Unit
April 27, 2021 In an editorial for Kenya’s StartUp Magazine, Les Khan, the CEO of St Kitts and Nevis’ Citizenship by Investment (CBI) Unit, said becoming a citizen of the…
Bahamian entrepreneur Calls government out for double dealing with him and Royal Caribbean over crown land
By: Staff Writer April 23, 2021 A Bahamian entrepreneur will not be pushed off of his dream project on Paradise Island despite Royal Caribbean Cruise Line (RCCL) striking a deal…
Royal Caribbean ‘Homeporting opens doors to boost local revenue’
April 23, 2021 With Royal Caribbean International’s Adventure of the Seas on target to set sail June 12 on its historic inaugural Nassau homeporting voyage, the company’s vice president today…
IMF Executive Board Concludes 2021 Article IV Consultation Discussions with the Kingdom of the Netherlands—Aruba
April 23, 2021 On April 16, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions [1] with the Kingdom of the Netherlands—Aruba. COVID-19…
TT Central Bank issues Mergers and Acquisitions Guidelines ahead of global uptick in takeovers.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com The recent uptick in mergers and acquisitions happening in Trinidad and Tobago has prompted its Central Bank to introduce some guidelines aimed at regulating these types…
Sagicor wins prestigious interactive marketing awards
April 20, 2021 Sagicor® Life Insurance Company (Sagicor) receives five awards for its 2020 entries in the AVA DIGITAL AWARDS and HORIZON INTERACTIVE AWARDS competitions, which recognize excellence in digital…
World Bank Provides US$20M for Saint Vincent and the Grenadines’ Response to La Soufrière Eruption
April 16, 2021 The World Bank disbursed US$20m to support the Government of Saint Vincent and the Grenadines’ response to the crisis posed by the La Soufrière volcano eruption. The…
Caribbean Export collaborates with Regional Coalition of Services Industries to Boost International Competitiveness of Services
By JoEllen Laryea April 13, 2021 As services industries and providers across the region learn to navigate the global pandemic, Caribbean Export Development Agency in collaboration with the Trinidad and…