February 25, 2022 Miami’s Caribbean diaspora has a new meeting place and it’s called Clyde’s Caribbean. The Trinidadian restaurant opens at Time Out Market on Wednesday, February 23, where it’ll introduce…
Category: BUSINESS AND FINANCE
Finland Contributes €300,000 to Promote Digitalization and Education in the Caribbean
February 25, 2022 The Inter-American Development Bank (IDB) and Finland expanded their cooperation in the education space through a €300,000 contribution. The funding will support teacher training on digital education…
Belize: Staff Concluding Statement of the 2022 Article IV Mission
February 25, 2022 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2022 Article IV consultation with Belize between February 10 and 22. The team met…
Russian diplomat at core of Caribbean tech-takeover!
By: Staff Writer February 22, 2022 A controversial Russian diplomat is at the centre of a new venture in Grenada that seeks to build a cryptocurrency and Blockchain platform and…
Latin America and Caribbean lagging behind on tax law compliance says World Bank
By: Staff Writer February 22, 2022 A new World Bank report shows that Latin America and the Caribbean fall far behind on tax compliance laws, well below other regions. The…
Jamaica Works to Maintain its Hard-won Economic Stability
IMF Western Hemisphere Department February 22, 2022 Prior to the pandemic, Jamaica had successfully stabilized the economy, turning a fiscal deficit of 11 percent of GDP in 2009 into a 1…
Guyanese President markets Amazon rainforest as part of its diversification plan: Oil money will serve to protect ecosystems.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 Guyana’s President Irfaan Ali is marketing the Amazon rainforest as a lucrative place to do business. His comments on the value of the…
JMMB GROUP MARKS J$8.82BN GROWTH DESPITE LOCKDOWNS: Marks launch of Digital suite of products
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 The JMMB Group Limited posted a net profit of J$8.82 and earnings per share of J$4.23 for the nine months ending December 31,…
IMF Executive Board Concludes 2021 Article IV Consultation with Jamaica
February 18, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] with Jamaica. In the decade preceding the pandemic, Jamaica made good progress to…
El Salvador’s Comeback Constrained by Increased Risks
By the El Salvador country team, IMF Western Hemisphere Department February 18, 2022 El Salvador’s increase in public debt will constrain medium-term growth prospects given the risks associated with high…
Colombia: Staff Concluding Statement of the 2022 Article IV Mission
February 18, 2022 Among the fastest recoveries in the region, Colombia’s economy rebounded strongly, driven by private consumption, in 2021. With progress on vaccinations and continued reopening of the economy,…