February 23, 2021 Biomerics, a leading mid-market medical device contract manufacturer, announced it is doubling its manufacturing footprint in the La Zeta Free Trade Zone in Cartago, Costa Rica. Biomerics…
Category: BUSINESS AND FINANCE
Inspired and The CAGE Companies Announce Exclusive Virtual Sports Agreement Across the Caribbean
February 23, 2021 Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today it has entered into an exclusive agreement with The CAGE Companies (An RLJ Companies Majority Owned Company) and its…
Slow 2021 Tourism Recovery for Caribbean, Central America- says Fitch!
By: Staff Writer February 19, 2021 Fitch, the international ratings agency, is predicting slow tourism growth for 2021 for the Caribbean and Central America. They said: “Current account deterioration was…
LIVE AQUA BEACH RESORT PUNTA CANA STARTS OPERATIONS
La Colección Resorts by Fiesta Americana, a collection of distinctive hotels throughout Mexico and now the Dominican Republic, today officially starts operations of the long-awaited Live Aqua Beach Resort Punta…
Colombia: Navigating the Pandemic and High Uncertainty, while Securing the Recovery
By: The International Monetary Fund February 16, 2021 Faced by a pandemic that led to the largest recession on record—with vulnerable groups particularly affected—Colombia used the flexibility afforded by its…
Digital Transformation- Embrace the new way of culture in The Bahamas
By: Kimberly Ramkhalawan Contributor kramkhalawan@caribmagplus.com February 12, 2021 The COVID-19 pandemic has pushed businesses across the world to come up with innovative measures to keep viable with the change in…
Houston based logistics firm to get oil and gas transport concession from Colombia!
February 12, 2021 The Colombia National Infrastructure Agency Grants 30-Year Port Concession To SeaOne Holdings. SeaOne Holdings, LLC , which is developing various projects for the delivery of U.S. produced…
Bahamian Oil Company finds no oil in Bahamian waters- moves to Trinidad and Suriname!
By: Staff writer February 9, 2021 The Bahamas Petroleum Company (BPC) has found no oil in Bahamian waters and will now move on to the Southern Caribbean BPC in a…
Canadian firm extends MOU in Panama hydro project!
Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, announced today that…
UN Commission projects a 20% drop in regional trade for Caribbean!
By: Staff Writer February 5, 2021 Regional trade for the Caribbean is projected to fall by 20 percent in a “worrying” report from the United Nations Economic Commission for Latin…