December 17, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has lowered the assigned credit ratings by 1 notch to CariA (Local and Foreign Currency Ratings) on the regional…
Category: BUSINESS AND FINANCE
Belize exports receives a boost as 11th EDF SPS Measures Project upgrades Animal Health Legislation
December 17, 2021 On 6th December at the Ministry of Agriculture, Food Security and Enterprise, Belmopan, Belize, stakeholders came together to launch the strengthening Agricultural Health and Food Safety (AHFS)…
Strengthening Economic Institutions to Support Suriname’s Public Finances
December 17, 2021 Suriname is facing a challenging economic outlook. The country’s economy has not recovered from the 2015 recession which was characterized by a large contraction in economic growth,…
IDB Invest Supports Panama’s SMEs with Banco Aliado
December 17, 2021 IDB Invest has provided financing of up to $50 million to Banco Aliado S.A. The deal, with a term of up to 10 years, will support small…
El Salvador to Modernize Statistical System with IDB Support
December 17, 2021 El Salvador will modernize its statistical system and increase the use of statistical information in public and private decision-making with support from a $44 million loan approved by…
OECD predicts region won’t return to pre-pandemic levels until 23/24
By: Staff Writer December 14, 2021 The Organisation for Economic Co-operation and Development (OECD) said that the Latin American and Caribbean (LAC) contracted by nearly 7 percent and won’t return…
Chocolala, three generations of women producing cocoa products
December 14, 2021 In the community of Las Lajas, in the municipality of Altamira, Puerto Plata, five women, at the time belonging to the now defunct Ana Idalia Navarro Mothers’…
Keeping it in the family: Willemsberg, the Makers of Wippy Peanut Butter
December 14, 2021 Transforming a brand into a household name is not easy. You need a product that is almost universally liked; a track record of innovation and reliability; a…
US VP Harris Announces Private Investments in Central America
December 14, 2021 Vice President Kamala Harris on Monday announced $1.2 billion in commitments from international businesses to support the economies and social infrastructure of Central American nations, as she…
Use SDRs to expand liquidity in the region says United Nations
By: Staff Writer December 10, 2021 Special Drawing Rights (SDRs) are vital for Caribbean countries to recover post COVID-19 says a United Nations Economic Commission for Latin America and the…
The Best Kept Caribbean Secret Now Open to the World via Miami
December 10, 2021 The Commonwealth of Dominica has significantly expanded its tourism offering in recent months, and this week, a new flight will officially launch nonstop to the Caribbean destination. The country is set to…