August 4, 2023 With two reputable international organizations calling for more talent acquisition and job search opportunities to be made available to the Caribbean workforce, a regional recruitment service says…
Category: BUSINESS AND FINANCE
MPC Energy Solutions’ results for the first half of 2023 surpass full-year numbers reported for 2022; new development activities in Panama and El Salvador
August 4, 2023 MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months of…
Avelo Airlines Announces First Caribbean Destination with Exclusive Nonstop Service Between Puerto Rico and Southern Connecticut
August 4, 2023 Avelo Airlines today announced nonstop service between Southern Connecticut’s most convenient airport – Tweed-New Haven Airport (HVN) – and Puerto Rico’s San Juan Luis Muñoz Marín International Airport (SJU). San Juan is Avelo’s…
CEDA’s highlights $2.1m in grant funding for businesses in region
By: Staff Writer August 1, 2023 The Caribbean Export Development Agency (CEDA) in its 2022 Annual Report said that they have given over $2.1m in grant funding to 138 small…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2023 Article IV Consultation Discussions-Press Release; and Staff Report
August 1, 2023 Curaçao and Sint Maarten, which form a monetary union (Union), are recovering from the pandemic and earlier shocks. Substantial tourism recoveries in both economies supported robust growth…
Caribbean Export Forges Closer Ties with the Dominican Republic through Headquarters Agreement Signing
August 1, 2023 The Caribbean Export Development Agency (Caribbean Export) took a significant step forward in strengthening trade and cooperation with the Dominican Republic as Minister of Foreign Affairs, Roberto…
IMF Executive Board Concludes 2023 Article IV Consultation with the Kingdom of the Netherland—Aruba
July 28, 2023 On end of lapse-of-time date, July 24, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV discussions [1] with the Kingdom of the Netherlands—Aruba.…
Kingdom of the Netherlands—Aruba: 2023 Article IV Consultation Discussions-Press Release; and Staff Report
July 28, 2023 The Aruban economy recovered to the pre-pandemic level of real GDP by 2022, supported by a robust rebound in tourism. The fiscal position has been improving but…
The Original PeachSkinSheets® Launches Vibrant Caribbean Collection
July 28, 2023 The Original PeachSkinSheets®, the affordable, high quality, moisture wicking bedding brand known for keeping warm sleepers cool and cool sleepers cozy, today announces the launch of their…
CDB Extends USD12.5 million Line of Credit to Government of Belize to Boost MSMEs
July 25, 2023 “ The Caribbean Development Bank (CDB) is pleased to support Belize’s Micro Small and Medium-sized Enterprises (MSMEs) with this USD12.5 million investment. The line of credit being provided…
EU PLEDGES 45B EUROS FOR CELAC, GONSALVES CALLS FOR CHANGE IN HOW THEY VIEW REGION
By Kimberly Ramkhalawan June 21, 2023 Latin American and Caribbean Leaders were in Brussels for the EU-CELAC Summit earlier this week, the first one in eight years. And while the…
T&T TIC “SOLD OUT!” $75M yield
By: Kimberly Ramkhalawan July 21, 2023 kramkhalawan@caribmagplus.com This year’s Trade and Investment Convention (TIC) is boasting to be the largest convention in its 24-year history, as it is set to…