February 7, 2023 The Belize Poultry Health Regulations, Statutory Instrument No. 121 of 2022, published in the Gazette on 25th August 2022, came into effect on 30th November 2022. These…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Colombia’s Largest Business Matchmaking Forum Seeks to Strengthen Trade Relations with the United States
February 7, 2023 On March 22nd and 23rd, the Ministry of Trade, Industry, and Tourism, along with ProColombia, the agency in charge of promoting Colombian exports internationally, will host the…
Nicaragua: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nicaragua
January 31, 2023 Substantial pre-crisis buffers (primarily government deposits), prudent policies, and official external financial assistance helped Nicaragua recover well from a protracted downturn during 2018-2020 caused by the socio-political…
IMF Executive Board Concludes 2022 Article IV Consultation with Nicaragua
January 31, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nicaragua. Prudent macroeconomic policies, substantial pre-crisis buffers (primarily government deposits) and…
US APPROVES TT-VENEZUELA GAS EXCHANGE, WHAT DOES THIS MEAN?
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com January 27, 2023 Earlier this week, Trinidad and Tobago got the green light to pursue natural gas exploration of the Dragon field on the Venezuelan side…
IDB Invest, Liberty Costa Rica Launch Digital Infrastructure Sustainability-Linked Bond
January 27, 2023 IDB Invest and Liberty Costa Rica announced the international issuance of a Sustainability-Linked Bond (SLB) as part of a $450 million financing package to increase digital access…
Colombia Promotes More Efficient and Sustainable Energy in Caribbean Region with IDB Support
January 24, 2023 The Inter-American Development Bank (IDB) approved a $34.5 million loan to finance an energy efficiency program for the residential and public sector in the Caribbean coast area…
Guatemala to Revamp Northern Road Corridor with IDB Support
January 24, 2023 The Inter-American Development Bank (IDB) has approved a $175 million loan to widen approximately 35 kilometers of the El Rancho–Teculután section of northern Highway CA-9 in Guatemala.…
CDB Approves US$5 million for Belize Agriculture Project
January 6, 2022 A multimillion dollar project to improve agricultural productivity and resilience for small farmers in rural Belize, is receiving a US$5 million injection in funding from the Caribbean…
Belize’s cacao industry to expand exports and improve livelihoods through Standby Facility project
January 6, 2023 Cocoa beans are a highly traded product and the main ingredient in chocolate manufacturing. According to the latest Global Chocolate Market Report the industry was valued at…
Costa Rica and Guyana lead region in FDI says ECLAC
By: Staff Writer December 6, 2022 The Economic Commission for Latin America and the Caribbean (ECLAC) in its latest Foreign Direct Investment Report for Latin America and the Caribbean (LAC)…
RAISING THE CARIBBEAN’S ENERGY ACCESS, ELECTRICITY FOR ALL
By: Kimberly Ramkhalawan November 25, 2022 kramkhalawan@caribmagplus.com The Caribbean when compared to other parts of the world, has 90 percent electricity. However, there still remains a disparity in accessing electricity…