November 5, 2021 Electricity consumption in Central America experienced a significant increase in the first half of 2021 (1H21), while economic activity continues to recover, according to the special report…
Category: BUSINESS AND FINANCE
Dominica Develops Resilience
By Steven Dorst November 5, 2021 The island nation of Dominica, home to some of the Caribbean’s most breathtaking natural beauty, lies smack in the middle of Hurricane Alley. Because…
Regional Central Banks continue to fight against Inflation amidst Pandemic
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com November 2, 2021 Inflation continues to be a major grappling point for Caribbean Economies even as it factors in the effects of the COVID19 Pandemic. No…
FDA certified food processor ready to expand Caribbean wide through Bahamian crowd-funding platform.
By: Staff Writer November 2, 2021 The Bahamian crowd-funding platform ArawakX listed another company on its exchange, this time a US Federal and Drug Administration (FDA) certified food processor looking…
IMF Executive Board Concludes 2021 Article IV Consultation with St. Kitts and Nevis
November 2, 2021 On September 13, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with St. Kitts and Nevis. St. Kitts and Nevis entered the…
The circular economy is “happening” right now for this plucky Trinidadian fashion designer!
By: Staff Writer October 29, 2021 The circular economy is a new concept not missed on this plucky Trinidadian fashion designer as she vows to always use recyclable material for…
The Market Has Spoken: Red Lobster Successfully Crowdfunds $1.7m+
October 29, 2021 “The market has clearly spoken,” says D’Arcy Rahming Jr. Chief Technology Officer of ArawakX. ArawakX has experienced it’s first successful crowdfunding offer. Over 950 people have raised…
Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum
October 29, 2021 THE INTER-AMERICAN DEVELOPMENT BANK GROUP’S FLAGSHIP EVENT ENDED AFTER THREE DAYS OF PANELS ON INNOVATIVE ENTREPRENEURSHIP AND ITS ROLE IN THE REGION’S POST-PANDEMIC RECOVERY. Innovative entrepreneurship and…
Sandals Resorts International Partners with Florida International University and The University of the West Indies to Create The Gordon “Butch” Stewart International School of Hospitality and Tourism
October 29, 2021 ~Caribbean’s First International School Dedicated to Study of Hospitality and Tourism Will Welcome Students from Around the World ~ Sandals Resorts International (SRI) today signed a Memorandum…
Coming in Hot: Dominica’s Graceson John, Founder of Big G’s Hot Pepper Sauce
October 26, 2021 Hot pepper sauce is a staple in almost every Caribbean kitchen and every island makes it slightly differently. Some use scotch bonnet peppers, others will only have…
Caribbean Export Appoints New Deputy Executive Director
October 26, 2021 The Caribbean Export Development Agency has appointed Mr Leo Naut as the Deputy, Executive Director based in their Santo Domingo, Sub-Regional Office (SRO). Mr. Naut will assume…