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…
Category: CARIBBEAN BUSINESS AND FINANCE
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…
The Imperative of Foreign Direct Investment for Caribbean Countries
April 13, 2021 Citizens of the Caribbean are fully aware of the challenges we face. They know that governments across the Region are financially stretched which has been further accentuated…
Televisa included in the 2021 Bloomberg Gender-Equality Index
April 9, 2021 Grupo Televisa, S.A.B. (“Televisa” or the “Company”) announced today that, for third consecutive year, it has been selected as one of only five Mexican companies to be…
RBC successfully completes sale of its Eastern Caribbean banking operations
April 6, 2021 Royal Bank of Canada (RY on TSX and NYSE) (“RBC”) announced that it has received the required approvals from local governments and from the Eastern Caribbean Central…
Grenada’s 2020 CIP Revenue Shattered Records, Real Estate Investment Up 106%
By: Christian NesheimApril 6, 2021 Grenada’s citizenship by investment program logged a fourth consecutive year of growth in 2020, breaking a number of records in the process: Overall program revenue…
SVG Resort revenue up 16% through DAGS
By: Staff Writer April 6, 2021 The Young Island Resort in St Vincent and the Grenadines got a big boost through the Caribbean Export Development Agency’s Direct Assistance Grant Scheme…
IDB Invest, Banco Popular Strengthen Foreign Trade in the Dominican Republic and Promote Green Finance
April 6, 2021 Banco Popular Dominicano joins IDB Invest’s Trade Finance Facilitation Program (TFFP) by opening a credit line for up to $50m. This line will allow Banco Popular to…
Another TT Methanol plant closes, Cites Natural Gas prices.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com On April 1, many in the Trinidad and Tobago energy sector would wake up to the announcement that yet another plant closure was looming at the…
Eastern Caribbean Blazes a Trail as First Currency Union to Launch Central Bank Digital Cash
By: Sarah Marsh April 2, 2021 The Eastern Caribbean on Thursday became the first currency union central bank to issue digital cash, a move that comes as bigger monetary authorities…