By: Staff Writer March 25, 2025 The Caribbean Development Bank’s president Daniel Best said at the institution’s annual press conference last week Thursday that they have disbursed $323 million in…
Category: BUSINESS AND FINANCE
How Trump’s Tariff Threats Could Impact The Caribbean
March 26, 2025 As former U.S. President Donald Trump signals the possible reimposition of sweeping tariffs come April 2nd —including a proposed 25% tariff on countries buying oil from Venezuela,…
Caribbean Development Bank, UK Foreign, Commonwealth & Development Office Sign £10 Million Agreement to Advance Geothermal Energy Development in Grenada
March 25, 2025 The Caribbean Development Bank (CDB), the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), and the Government of Grenada (GOGR) have taken a significant step towards advancing…
IDB Invest Supports Finabank to Strengthen Financing for Small Enterprises in Suriname
March 25, 2025 IDB Invest provided a senior loan of up to US$15 million to Finabank to help expand its lending portfolio to small and medium-sized enterprises (SMEs) in Suriname,…
Caribbean fear on Trump Chinese ship tax
By: Staff Writer March 21, 2025 Caribbean leaders are again in fear of a proposed US $1.5 million tax on Chinese ships entering into American ports as the obvious concern…
How Artificial Intelligence Can Boost Productivity in Latin America
March 21, 2025 Latin America and the Caribbean has long been a region with one of the most informal labor markets. A large part of the workforce is outside of…
El Salvador to Advance Macroeconomic and Fiscal Sustainability with IDB Support
March 21, 2025 El Salvador will advance on key reforms aimed at promoting macroeconomic and fiscal sustainability with a $500 million loan from the Inter-American Development Bank (IDB). The IDB…
IFC to Advise Belize on Solar PPP Project to Boost Energy Security and Affordability
March 18, 2025 IFC, a member of the World Bank Group, is supporting the Government of Belize in attracting a private investor to build a utility-scale solar plant aimed at…
IFC and IDB Invest Partner to Expand Solar Energy Solutions in Haiti
March 18, 2025 In a significant move to strengthen Haiti’s recovery efforts and energy security, IFC – a member of the World Bank Group – and IDB Invest – the…
Bladex leads a new USD 200 million syndicated loan for CrediQ in Costa Rica, El Salvador, and Guatemala.
March 14, 2025 Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A. (a Grupo Bancolombia company) for…
IMF Executive Board Concludes 2024 Article IV Consultation with St. Lucia
March 14, 2025 On February 7, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation[1] with St. Lucia and considered and endorsed the…