By: Staff Writer April 11, 2025 The Caribbean Hotel and Tourism Association (CHTA) in their Caribbean Tourism Industry Performance & Outlook Report warns that high operating costs are hampering profitability.…
Category: BUSINESS AND FINANCE
Fitch Assigns the Bahamas ‘BB-‘ IDR; Outlook Stable
April 11, 2025 Fitch Ratings has assigned the Commonwealth of the Bahamas a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB-‘. The Rating Outlook is Stable. A full list of…
The IDB highlights geopolitical risk clouding LAC economic outlook
By: Staff Writer April 8, 2025 The Inter-American Development Bank (IDB) in their macroeconomic report for 2025 said that notwithstanding Latin American and Caribbean countries are returning to their average…
Trump issues 10% tariffs on Caribbean
By: Staff Writer April 4, 2025 US President Donald Trump has spread his global tariffication programme by announcing a 10 percent tariff on several Caribbean countries and implemented tariffs as…
CDB and Government of Belize Launch Entrepreneurial Training to Empower MSMEs
April 4, 2025 In a significant step to enhance livelihoods and business opportunities in Belize, the Caribbean Development Bank (CDB, the Bank) through the United Kingdom Caribbean Infrastructure Fund (UKCIF) financed a two-week entrepreneurial…
Panama Canal sale blocked by China
By: Staff Writer April 1, 2025 Hong Kong based CK Hutchison will not sign a deal to sell its Panama Canal holdings to American firm Black Rock as Chinese anti-trust…
Green Solutions International SKN and Guyana Power & Light Launch Women in Solar Energy Training Programme
Green Solutions International SKN Inc (GSI SKN), in partnership with Guyana Power and Light Inc (GPL), has launched a pioneering training and coaching programme aimed at empowering women in the…
Florida Congresswoman Honors Caribbean-American Entrepreneur With 2025 Women In Leadership Achievement Award
April 1, 2025 Florida’s Caribbean-American Congresswoman, Sheila Cherfilus-McCormick, (D-20th District), presented the 2025 Women in Leadership Achievement Award to Felicia J. Persaud, an award-winning, Guyana-born, U.S.-based Caribbean immigrant and trailblazing…
Rubio hints at exporting LNG to Jamaica in recent visit
By: Staff Writer March 28, 2025 United States Secretary of State Marco Rubio visited Jamaica on Wednesday, emphasizing the strong bilateral relationship based on shared values and mutual interests. Key…
Trump threatens tariffs for countries that buy Venezuelan oil
By: Staff Writer March 28, 2025 US President Donald Trump posted on the social media platform, Truth Social, that he would sign an executive order imposing 25 percent tariffs on…
Last ditch to stop “devastating,” US Shipping fee
By: Staff Writer March 25, 2025 The Office of the United States Trade Representative is holding public hearings between March 24 and March 26, 2025, regarding proposed actions in the…