June 28, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS), has reaffirmed the assigned corporate credit ratings of CariA- (Local Currency Rating) on the regional rating scale, and jmAA-…
Category: BUSINESS AND FINANCE
CARICRIS: PLIPDECO maintains good ratings
June 28, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned ratings of CariA+ (Foreign and Local Currency Ratings) on the regional rating scale and ttA+…
IMF Staff Concludes Visit to Honduras
June 28, 2022 An IMF mission visited Tegucigalpa to deepen discussions on the authorities’ policy priorities which will form the basis for a deeper engagement with the Fund. The authorities…
CARICOM DISSECTS WTO’S MC12’s IMPACT ON REGION
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com June 24, 2022 Curbing Illegal, Unreported and Unregulated (IUU) fishing was just one of the few outcomes Caribbean states will benefit from following the 12th World…
Latin America’s crypto conquest is driven by consumers needs
June 24, 2022 51% of consumers in Latin America have already made a transaction with cryptoassets. Latin Americans desire flexibility and convenience in digital currencies and payments and are seeking more support…
Caribbean Economic Report, June 2022
June 24, 2022 Bahamas faces rising debt and high arrears, Barbados’ tourism could soften based on high UK inflation, Guyana’s food inflation reached 14% amidst rising food insecurity, T&T’s low…
BACARDÍ, Boi-1da and NAHMIAS Launch Music Merch for the Tech Generation to Amplify Rising Artists with New Wearable Album Capsule Collection
June 24, 2022 Today, BACARDÍ Rum is proud to debut the latest evolution of Music Liberates Music, an ongoing program designed to champion underrepresented voices in the music industry. Every summer, a new song…
FDI in LAC rose by $134bn in 2021
By: Staff Writer June 21, 2022 The United Nations said Foreign Direct Investment (FDI) in the Latin American and Caribbean (LAC) rose by 56 percent to $134bn, showing signs that…
Ground Broken for New US$ 46m Port in Montserrat
June 21, 2022 The construction phase of the US$ 46 million (mn) Montserrat Port Development Project, which will increase accessibility and improve trade opportunities for the island’s residents, is now…
Guyana to promote the use of renewable energy sources with IDB and Norway support
June 21, 2022 Guyana will promote its energy matrix diversification by promoting climate-resilient renewable energy sources use in the electricity generation matrix to avoid deforestation and face climate change, with a…
SanMar Proudly Joins Vice President Harris’ Central America Initiative
June 14, 2022 SanMar Corporation, a leading supplier of wholesale accessories and apparel, today joined Vice President Kamala Harris’ Call to Action initiative, a multi-industry effort that has announced new commitments of $1.9 billion in…