November 12, 2024 The Caribbean Development Bank (CDB, the Bank), in partnership with the Government of Belize and the Inter-American Development Bank (IDB), supported and participated in the inaugural Belize…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Governments from Latin America and the Caribbean Endorse ECLAC’s Recommendations for Achieving the Transformations that the Region Needs
October 25, 2024 The Fortieth Session of the Economic Commission for Latin America and the Caribbean (ECLAC) concluded today in Lima, Peru, with Member States and associate members recognizing and endorsing the…
IMF Staff Concludes Visit to Honduras and Reaches Staff-Level Agreement
October 22, 2024 An International Monetary Fund (IMF) team led by Ricardo Llaudes visited Tegucigalpa during October 7-18, 2024. The mission was a continuation of presential and virtual discussions in recent months. At…
Panama Canal expecting 225 ship transits for 24-25: Expansion and use may displace thousands.
By: Staff Writer October 11, 2024 As the Panama Canal begins to fill from the months long drought, it is expecting a very busy remainder of 2024 and 2025 year…
Four dead in Venezuelan barge sinking
By: Staff Writer October 4, 2024 Four people are confirmed dead in a Venezuelan barge sinking last week as the country’s state run oil company scrambles to recover from the…
IDB Invest, Bancolombia and Atlas Renewable Energy Announce Investment to Boost Colombia’s Energy Transition
September 27, 2024 IDB Invest, Bancolombia, and Atlas Renewable Energy, a global leader in clean energy generation, have strengthened their commitment to mitigating climate change by finalizing a long-term financial…
ECOPETROL ANNOUNCES NAME CHANGE FOR OFFSHORE PROJECTS
September 24, 2024 Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, the names “Uchuva”…
El Salvador’s bitcoin dream is now a nightmare
By: Staff Writer September 20, 2024 El Salvador only made $235 from Bitcoin between January to July of this year according to the country’s Bitcoin Fund Management Agency (AAB), the…
IMF statement on Honduras
September 13, 2024 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes issued a statement following in person and virtual discussions with the Honduran authorities on policies to…
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
Panama Canal authorizes 50 ft draft size due to lake Gatun rise
By: Staff Writer August 23, 2024 The Panama Canal Authority announced authorized draft starting immediately will be 50 feet as Gatun lake is projected to rise. An additional transit slot…