By: Staff Writer February 4, 2025 As U.S. President Donald Trump suspends his move to impose tariffs on Canada and Mexico, businesses in The Bahamas have taken to stockpiling on…
Category: BUSINESS AND FINANCE
Browne praises Caribbean resilience at Davos LAC Conference
By: Staff Writer January 31, 2025 Antigua and Barbuda’s Prime Minister Gaston Browne said at the first edition of the Economic Forum of Latin America and the Caribbean (LAC) 2025…
The Caribbean Emerges As A Global Economic Growth Leader For 2025
January 31, 2025 The Caribbean region, including oil-rich Guyana, is poised to surpass many global economic giants in 2025, according to the United Nations’ World Economic Situation and Prospects report.…
Bahamas’ trade official on week-long attachment at CARIFORUM’s EPA Unit
January 31, 2025 The regional Economic Partnership Agreement (EPA) Implementation Unit is conducting a week-long capacity building programme for The Bahamas’ Director of Trade and Industry, Ms. Brichell Pinder, as…
Kennedy Funding Closes Land Loan for Luxury Development in the Dominican Republic
January 28, 2025 New luxury villas in one of the Dominican Republic’s most popular tourism spots are one step closer to completion, thanks to Kennedy Funding. The direct private lender…
Haiti: Staff-Monitored Program-Press Release and Staff Report
January 28, 2025 Recent developments. Haiti is facing exceptionally challenging circumstances. The deteriorating security environment, which reached crisis proportions in the first few months of 2024, has continued to worsen,…
World Bank: Growth in Caribbean could hit 5% in 2025
By: Staff Writer January 24, 2025 The World Bank said in their Global Economic Prospects report said that growth in the Caribbean is projected to rise to 4.9 percent in…
Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement
January 25, 2025 Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance…
Commonwealth fellows develop roadmap to combat cybercrime in Caribbean
January 24, 2025 Commonwealth Caribbean cyber fellows have developed a roadmap this week, designed to boost around-the-clock cooperation to combat online crimes and make the internet safer for citizens. The…
Electricity Reform Can Help Usher in Sustainable Growth in The Bahamas
January 24, 2025 The archipelago is taking bold steps to transform its electricity sector and build resilience to climate change Modernizing electricity grids and increasing the shares of solar energy…
CDB Providing Funding to Support Saint Kitts and Nevis’ Development Strategy
January 24, 2025 The Caribbean Development Bank (CDB, the Bank) has approved a grant of USD132,000 to the Government of Saint Kitts and Nevis (GOSKN) for the formulation of a Medium-term Development…
IMF says LAC growth rebounded in 2024 and to be steady in 2025
By: Staff Writer January 21, 2025 The International Monetary Fund (IMF) in their World Economic Outlook said that growth in Latin America and the Caribbean (LAC) declined in 2023 but…