St. Lucia: Technical Assistance Report-External Sector Statistics

April 15, 2022 A remote technical assistance (TA) mission on external sector statistics (ESS) was conducted for the Central Statistical Office (CSO) of Saint Lucia during March 22–26, 2021. The…

Suriname: Technical Assistance Report-External Sector Statistics

April 15, 2022 A technical assistance (TA) mission on external sector statistics (ESS) was conducted in Paramaribo, Suriname, during March 2‒13, 2020. The mission was part of the Caribbean Regional…

TT PHARMA FIRM BUYS OVER BARBADOS COLLINS PHARMACY

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com April 12, 2022 Trinidadian firm, Agostini’s, has announced a take over of long standing Barbados Pharmaceutical line Collins and its subsidiary, Carlisle Laboratories. The TT Company…

Russia/Ukraine conflict increased risks for economic recovery says IDB

By: Staff Writer April 12, 2022 There Inter-American Development Bank (IDB) said that prior to the Russia/Ukraine conflict the region was moderately rebounding from the COVID-19 pandemic and subsequent economic…

Caribbean Export meets with Bahamian Stakeholders to Discuss Vital Export Opportunities for SMEs

April 12, 2022 The Caribbean Export Development Agency remains committed to engaging with its stakeholders and providing targeted support to meet the needs of the private sector. To this end,…

Caribbean Export and Suriname Chart New Path

April 12, 2022 “We are excited to ramp up collaboration with Suriname to improve the export competitiveness of its private sector as well as attract foreign direct investment to the…

Guatemala: Staff Concluding Statement of the 2022 Article IV Mission

April 12, 2022 The Guatemalan economy rebounded strongly in 2021 and should return to its pre-pandemic growth trend in 2022. The banking sector remains solid overall with pandemic-related measures appropriately…

Award winning Jamaican manufacturer to break US and Brazil market by year end!

By: Staff Writer April 8, 2022 Certifications are what is needed for this award winning Jamaican company to break the United States, Brazil and wider Caribbean markets with their Lifesavers…

Caribbean in top-ten Central Banks for retail payments

April 8, 2022 The future of money is digital. It is estimated that more than 80% of central banks are considering launching a central bank digital currency (CBDC) or have…

UPDATE ON DIGICEL PANAMA

April 8, 2022 Digicel Group Holdings Limited (“DGHL“) today announces that Digicel Panama S.A. (“Digicel Panama“) intends to apply for voluntary liquidation and withdraw from the telecommunications market in Panama. This…

ROYAL CARIBBEAN CELEBRATES KEEL LAYING FOR ICON OF THE SEAS

April 8, 2022 he building of Royal Caribbean International’s highly anticipated cruise ship, Icon of the Seas, has reached a pivotal milestone ahead of its fall 2023 debut. A keel-laying ceremony took place at Finnish…

Recovery in Latin America and the Caribbean Requires Urgent Reforms and Seizing Green Opportunities for Growth  

April 8, 2022 Economies in Latin America and the Caribbean (LAC) are on track to recover from the COVID-19 crisis, but the scars of the pandemic remain and the need…