By: Staff Writer March 21, 2025 Caribbean leaders are again in fear of a proposed US $1.5 million tax on Chinese ships entering into American ports as the obvious concern…
Category: BUSINESS AND FINANCE
How Artificial Intelligence Can Boost Productivity in Latin America
March 21, 2025 Latin America and the Caribbean has long been a region with one of the most informal labor markets. A large part of the workforce is outside of…
El Salvador to Advance Macroeconomic and Fiscal Sustainability with IDB Support
March 21, 2025 El Salvador will advance on key reforms aimed at promoting macroeconomic and fiscal sustainability with a $500 million loan from the Inter-American Development Bank (IDB). The IDB…
IFC to Advise Belize on Solar PPP Project to Boost Energy Security and Affordability
March 18, 2025 IFC, a member of the World Bank Group, is supporting the Government of Belize in attracting a private investor to build a utility-scale solar plant aimed at…
IFC and IDB Invest Partner to Expand Solar Energy Solutions in Haiti
March 18, 2025 In a significant move to strengthen Haiti’s recovery efforts and energy security, IFC – a member of the World Bank Group – and IDB Invest – the…
Bladex leads a new USD 200 million syndicated loan for CrediQ in Costa Rica, El Salvador, and Guatemala.
March 14, 2025 Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A. (a Grupo Bancolombia company) for…
IMF Executive Board Concludes 2024 Article IV Consultation with St. Lucia
March 14, 2025 On February 7, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation[1] with St. Lucia and considered and endorsed the…
St. Lucia: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Lucia
March 14, 2025 Healthy tourist arrivals and an expansionary fiscal stance have supported the economy and helped reduce unemployment, while inflation is declining rapidly on the back of lower commodity…
Republic Bank and Caribbean Export Partner to Help Businesses Thrive!
March 14, 2025 Small and Medium Enterprises are the backbone of economies across the Caribbean, Africa, and beyond, but access to finance and export opportunities remains a challenge. Mindful of…
IDB Invest, Proparco, Sagicor and Development Bank of Jamaica to Finance the Rio Cobre Water Treatment Plant
March 11, 2025 As the lead structuring bank, IDB Invest provided long-term financing for up to US$79 million, (equivalent to JM$12 billion in local currency) for the Rio Cobre Water…
IDB Invest Leads Sustainable Bond Issuance to Expand Green and Social Financing of BAC Guatemala
March 11, 2025 IDB Invest supported Banco de América Central, S.A. (BAC Guatemala) in issuing its first sustainable bond to drive financial inclusion and environmental sustainability in Guatemala. The bond,…