September 5, 2023 With countries around the world racing to be leaders in the transition to clean energy and achieve the UN’s 17 Sustainable Development Goals, there is a wealth…
Category: CARIBBEAN BUSINESS AND FINANCE
Getting Animated: Kenia Mattis, Co-Founder and CEO of ListenMi Caribbean
September 5, 2023 Building a business from scratch is a daunting task for most people, but when you are operating in an industry that is almost non-existent in your country,…
A refreshing taste of the tropics: The story of ‘Limeade Bahamas’
September 5, 2023 When he was about six years old, Bahamian entrepreneur Joshua Miller started selling natural limeade at his father’s food stall in Nassau. Joshua’s dad Rudolph gave him…
IDB: Tourism sector recovery more rapid than expected in Caribbean.
By: Staff Writer September 1, 2023 The Inter-American Development Bank (IDB) in their new report, “Caribbean Economies at a Crossroads: IDB Report,” says that Caribbean economies that have tourism led…
Haiti: Staff-Monitored Program-Press Release; and Staff Report
September 1, 2023 Haiti faces a challenging macroeconomic outlook amid a dire humanitarian crisis. The country has been hit hard by the economic spillovers from Russia’s invasion of Ukraine, with…
IMF Management Approves a New Staff Monitored-Program with Haiti
September 1, 2023 Management of the International Monetary Fund (IMF) approved on June 29, 2023 a Staff-Monitored Program (SMP) with Haiti which runs through March 31, 2024. The new 9-monthSMP…
Suriname and the IMF Reach Staff-Level Agreement on the Third Review of the Extended Arrangement Under the Extended Fund Facility
September 1, 2023 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted virtual and in-person mission with the Surinamese authorities during August 7-22 to discuss policies to…
IMF Executive Board Completes the First Reviews under the Precautionary and Liquidity Line and Resilience and Sustainability Facility with Jamaica
September 1, 2023 The Executive Board of the International Monetary Fund (IMF) completed the first reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF)…
Regulatory challenges hampering Fin-Tech evolution in Caribbean
By: Staff Writer August 25, 2023 Mastercard has “no preference,” on which Fin-Tech they support in the Caribbean as they have committed to broadening their support for unbanked Caribbean areas…
CEO: Healthcare shortages are no match for digital recruitment
August 25, 2023 Many Caribbean countries, similar to those around the world, have been challenged with having enough healthcare workers, especially after the worst of the COVID-19 pandemic. However, the…
Bahamas DPM calls for “Bold New Caribbean” ahead of Investment forum
By: Staff Writer August 22, 2023 The Deputy Prime Minister of The Bahamas said the country is looking forward to hosting the Caribbean Investment Forum this year. Chester Cooper, also…
The Bahamas: Technical Assistance Report-Operationalizing the New Bank Resolution Framework and Amended Deposit Insurance Legislation—Second Mission
August 22, 2023 The CBOB has made good progress in implementing recovery plans for the domestic systemically important banks (DSIBs). Building on this progress, the mission recommends that the CBOB…