April 18, 2025 The Organisation of Eastern Caribbean States (OECS) Commission is pleased to announce the addition of Milan-based firm ELC Electroconsult S.p.A. as geothermal energy engineering and technical advisor…
Category: BUSINESS AND FINANCE
Suriname: Ninth Review Under the Extended Arrangement Under the Extended Fund Facility
April 18, 2025 Suriname: Ninth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff…
The CHTA warn high operating costs are hampering growth
By: Staff Writer April 11, 2025 The Caribbean Hotel and Tourism Association (CHTA) in their Caribbean Tourism Industry Performance & Outlook Report warns that high operating costs are hampering profitability.…
Fitch Assigns the Bahamas ‘BB-‘ IDR; Outlook Stable
April 11, 2025 Fitch Ratings has assigned the Commonwealth of the Bahamas a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB-‘. The Rating Outlook is Stable. A full list of…
The IDB highlights geopolitical risk clouding LAC economic outlook
By: Staff Writer April 8, 2025 The Inter-American Development Bank (IDB) in their macroeconomic report for 2025 said that notwithstanding Latin American and Caribbean countries are returning to their average…
Trump issues 10% tariffs on Caribbean
By: Staff Writer April 4, 2025 US President Donald Trump has spread his global tariffication programme by announcing a 10 percent tariff on several Caribbean countries and implemented tariffs as…
CDB and Government of Belize Launch Entrepreneurial Training to Empower MSMEs
April 4, 2025 In a significant step to enhance livelihoods and business opportunities in Belize, the Caribbean Development Bank (CDB, the Bank) through the United Kingdom Caribbean Infrastructure Fund (UKCIF) financed a two-week entrepreneurial…
Panama Canal sale blocked by China
By: Staff Writer April 1, 2025 Hong Kong based CK Hutchison will not sign a deal to sell its Panama Canal holdings to American firm Black Rock as Chinese anti-trust…
Green Solutions International SKN and Guyana Power & Light Launch Women in Solar Energy Training Programme
Green Solutions International SKN Inc (GSI SKN), in partnership with Guyana Power and Light Inc (GPL), has launched a pioneering training and coaching programme aimed at empowering women in the…
Florida Congresswoman Honors Caribbean-American Entrepreneur With 2025 Women In Leadership Achievement Award
April 1, 2025 Florida’s Caribbean-American Congresswoman, Sheila Cherfilus-McCormick, (D-20th District), presented the 2025 Women in Leadership Achievement Award to Felicia J. Persaud, an award-winning, Guyana-born, U.S.-based Caribbean immigrant and trailblazing…
Rubio hints at exporting LNG to Jamaica in recent visit
By: Staff Writer March 28, 2025 United States Secretary of State Marco Rubio visited Jamaica on Wednesday, emphasizing the strong bilateral relationship based on shared values and mutual interests. Key…