June 23, 2023 Supported by sound policies and positive spillovers, the Dominican Republic has staged an impressive recovery from the pandemic, cementing its place as one of the most dynamic…
Category: CARIBBEAN BUSINESS AND FINANCE
IMF Reaches Staff-Level Agreement with Jamaica on the First Reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF) Arrangement
June 20, 2023 An International Monetary Fund (IMF) team led by Mr. Esteban Vesperoni held meetings with the Jamaican authorities during June 12-16 to review the implementation of reforms under…
Jamaica: the Outsourcing capital of the Caribbean
By: Staff Writer June 16, 2023 The Prime Minister of Jamaica touts the country’s premier position and competitive advantage as the “leading Outsourcing location” in the English speaking Caribbean as…
CEO lauds Demerara Bridge project as a “heyday” for jobseekers
June 16, 2023 The head chief of a regional recruitment service is lauding the many direct and indirect job opportunities set to become available due to the ongoing Demerara River…
Caribbean Employment Services Inc. reaffirms its commitment to recruitment after World Bank report lamenting insufficient labour intermediation
June 16, 2023 On the heels of a World Bank report lamenting a lack of sufficient labour intermediation services across 12 countries in the region, Caribbean Employment Services Inc. is…
IMF Management Completes the Second Review of the Staff Monitored-Program with Haiti
June 16, 2023 Management of the International Monetary Fund (IMF) approved on May 30, 2023 the Second and Final review of the Staff-Monitored Program (SMP) which started in June 2022.…
IMF Executive Board Concludes Second Review of the Extended Fund Facility for Suriname
June 16, 2023 The Executive Board of the International Monetary Fund (IMF) concluded today the second review of the extended arrangement under the Extended Fund Facility (EFF) for Suriname. The…
World Bank: The Caribbean only growing at half the rate of Emerging Markets
By: Staff Writer June 11, 2023 The World Bank’s “Regional Private Sector Diagnostic: Promoting Private Sector-led Growth to Foster Recovery and Resilience in the Caribbean,” report said that the Caribbean…
Mastercard and The Caribbean Association of Banks Inc Sign a Memorandum of Understanding
June 13, 2023 This agreement will focus on enabling intra and inter regional payments and expanding financial inclusion in the Caribbean. Mastercard, a global technology company in the payments industry,…
Building Bridges: How BSOs from Haiti and the Dominican Republic are Strengthening European Business Ties
June 13, 2023 Business leaders from Haitian and Dominican business supporting organizations (BSOs) participated in a trade and best practices mission to Europe to reactivate business opportunities for MSMEs from…
CEO says construction boom brings new job opportunities
June 9, 2023 With an alleged “boom” in construction activities ongoing, a regional recruitment service wants to remind the public that they don’t have to be “in the know” to…