By: Staff Writer June 14, 2024 Pan-African Payment and Settlement System (PAPSS) is being piloted in The Bahamas and Barbados for wider Caribbean acceptance. Denys Denya, executive vice president of…
Category: BUSINESS AND FINANCE
Panama Canal to increase daily transits and draught signaling a return to normalcy
By: Staff Writer June 14, 2024 The Panama Canal will increase its daily transits from 32 to 33 this coming July 11, and shippers could not be more excited about…
Heinz invites you to celebrate International Hamburger Day by giving it a special touch
June 14, 2024 Every May 28, International Hamburger Day is celebrated, one of the most recognized and loved dishes worldwide, whose popularity was boosted in the 1950s. The hamburger has…
The Caribbean and Latin America not exploiting fisheries resources says FAO
By: Staff Writer June 11, 2024 The Food and Agricultural Organization (FAO) in a new report said that fisheries and aquaculture hit a “new high,” in 2022, but Caribbean not…
Adapting to Changing Investment Trends: Gain Insights at CIF 2024
June 11, 2024 The Caribbean economy is rapidly evolving, fueled by the need to, among other things, implement innovative responses to climate change, increase competitiveness through digitalization, and reduce the…
TEMPO Networks and CaribbeanTales Media Group Partner to Offer the Largest Access of Caribbean Content to the World
June 11, 2024 TEMPO Networks announces an exciting partnership with CaribbeanTales Media Group (CTMG) to provide a platform for the CaribbeanTales catalogue to reach millions of mobile customers worldwide on…
Awaken New Depths: Civil Society Embraces the Challenge of Plastic Recycling in Grenada and Dominica
June 11, 2024 As the world commemorates World Oceans Day on June 8 with the theme, “Awaken New Depths,” the Recycle OECS Project underscores the significant strides made in Grenada…
Country Report No. 2024/150 : Trinidad and Tobago: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Trinidad and Tobago
June 7, 2024 The economy continues to recover while inflation is low. Banks’ credit is expanding, and the financial sector appears sound and stable. The current account is in surplus…
IMF Executive Board Concludes 2024 Article IV Consultation with Trinidad and Tobago
June 7, 2024 On May 8, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Trinidad and Tobago.[1] For the first time in…
IMF Reaches Staff-Level Agreement with Suriname on the Sixth Review of the Extended Arrangement Under the Extended Fund
June 7, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted a mission with the Surinamese authorities during April 29-May 10 to discuss policies to complete…
Caribbean tourism growth to be sustained in 2024 but will face geopolitical pressure.
By: Staff Writer June 4, 2024 The Inter-American Development Bank in a new report said that tourism growth in the Caribbean will be sustained in 2024 but likely with “less…
Bermudian Employers Encouraged To Seek Help With Recruitment
June 4, 2024 Amid an ongoing moratorium on new work permits for nearly 60 job categories, the nation’s employers are being encouraged to seek professional support for their recruitment needs.…