By: The IMF January 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with The Bahamas. The COVID-19 pandemic has exacted a…
Category: BUSINESS AND FINANCE
Land developments are on the way up in the Caribbean and Central America
By: Staff Writer January 22, 2021 A US based financier said that land developments in the Caribbean and Central America are only going to go up as he projects a…
Range Developments shows “commitment” to the Six Senses Grenada- hires contractor to finish project!
By: Staff Writer January 22, 2021 The executive team at Range Developments, the leading citizenship by investment (CBI) developer in the Caribbean, has named Humiclima as its MEP (mechanical, electrical…
IMF Executive Board Approves US$2.7bn Precautionary and Liquidity Line for Panama to Address COVID-19
By: IMF January 22, 2021 The Executive Board of the International Monetary Fund (IMF) approved today Panama’s request for a two-year arrangement under the Precautionary and Liquidity Line (PLL) for…
Precautionary Credit Line Provides Panama with Crisis Insurance
By: IMF January 22, 2021 After over two decades of record high growth, Panama is facing a sharp economic contraction following months of pandemic-related lockdowns. With support from the IMF,…
Adam Stewart Named Executive Chairman Of Sandals Resorts International
Sandals Resorts International has announced Adam Stewart’s appointment as the resort company’s Executive Chairman. Stewart becomes just the second Chairman in the company’s 40-year history. He is preceded by his late Father…
Guyana president slams Venezuela’s Maduro over disputed oil territory
By: Staff Writer January 12, 2021 President of Guyana, Dr. Irfaan Ali, Saturday responded sharply to Venezuela’s President Nicolas Maduro who, on Thursday, escalated rhetoric that Essequibo, which comprises almost…
Americans can become citizens of SKN in two months under its CIP
By: Staff Writer January 12, 2021 As political unrest reaches a breaking point in the United States, American nationals will be pleased to know that there is a lucrative investment…
International mining group to extend gold assets in Colombia
By: Staff Writer January 12, 2021 Orea Mining Corp is very pleased to announce the signing of a Binding Letter of Intent (“BLOI”) to acquire gold projects with an existing…
Major resort group teams with Sagicor to raise $125m!
By: Staff Writer January 12, 20201 Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (“Playa”) today announced the pricing of an underwritten public offering of 35,000,000 of its Ordinary Shares, consisting…
Florida based firm acquires 100% ownership Bermuda Stock Exchange
By: Staff Writer January 12, 2021 The Bermuda Stock Exchange (the Exchange or BSX) today released results for the year ending 31 December 2020, continuing its ongoing history of both product…
Air France to serve all French speaking Caribbean colonies this summer.
By: Staff Writer January 12, 2021 Air France is increasing its service to the French Overseas Departments. This summer, the company will operate flights between the French Caribbean (Pointe-à-Pitre in…