By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com May 6, 2022 Barbados has launched its suite of polymer notes. The Central Bank of Barbados unveiled the modern, more attractive and durable banknotes with enhanced…
Category: BUSINESS AND FINANCE
Jamaica’s SEPROD buys over TT distribution company A.S.Bryden
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com May 6, 2022 Jamaican based company, Seprod Limited, will acquire Trinidad and Tobago owned distribution company A.S. Bryden and Sons. The company announced an agreement had…
Transportation Partners, Trailer Bridge and ATS International, Team up to Raise $100,000 for Habitat for Humanity of Puerto Rico
May 6, 2022 Trailer Bridge, Inc. and ATS International today announced their Rally por Puerto Rico Charity Golf Tournament raised $100,000 for Habitat for Humanity of Puerto Rico supporting the organization’s efforts to create…
ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER 2022 RESULTS AND PROVIDES A BUSINESS UPDATE
May 6, 2022 Royal Caribbean Group (NYSE: RCL) today reported first quarter 2022 net loss of $(1.2) billion and loss per share of $(4.58). The Group continues to make strides in its healthy return…
Guyana investments yield a growing source of energy for the world
May 6, 2022 ExxonMobil recently started producing oil from our second offshore development in Guyana, bringing the country’s capacity to more than 340,000 barrels a day, up from zero three…
Opportunities to Invest in the Caribbean (Dubai, CIF22): Interview from Ms. Annette Mark, President of the Caribbean Association of Investment Promotion Agencies
May 3, 2022 The Caribbean Association of Investment Promotion Agencies (CAIPA) promotes investment in the Caribbean. CAIPA facilitates the development of studies, resources, and guides that can be used by…
Investment opportunities in the Caribbean – Ms. Racquel Moses
May 3, 2022 Caribbean Export came to Dubai because it recognized the importance of getting investments from nontraditional sources. Of course, it is important to consolidate the traditional sources of…
IMF Official: Caribbean Countries, Europe & the US Should Work Together on Golden Passport Programs
May 3, 2022 Caribbean countries should tighten their cooperation with European countries as well as the United States in order to improve the Citizenship by Investment Program (CBI) in territories…
Cybercrime poses biggest threat to businesses – as the impact of hackers becomes more destructive
Cybercrime tops the list of current threats facing businesses, while emerging risks from ESG-reporting fraud and platform fraud could impact businesses in the future. The tech, media and telecommunications sector…
Colombia:Request for an Arrangement under the Flexible Credit Line and Cancellation of the Current Arrangement – Press Release; Staff Report; and Statement by the Executive Director for Colombia
May 3, 2022 Colombia’s very strong policy frameworks and comprehensive policy response to the pandemic have supported the economy’s resilience. With stronger-than-expected growth last year, fiscal deficits and public debt…