November 8, 2022 A significant loan from the Inter-American Development Bank (IDB) demonstrates the government’s commitment to ensuring the Surinamese people are gainfully employed, said the CEO of a regional…
Category: CARIBBEAN BUSINESS AND FINANCE
Public Sector “Right-Sizing” Bodes Well For The Economy
November 8, 2022 The government’s efforts to restructure and “right-size” the public service by filling job vacancies bodes well for the economy, says Caribbean Employment Services Inc. CEO Joseph Boll.…
Growth to halve in region says IMF
By: Staff Writer November 4, 2022 The International Monetary Fund (IMF) warns that growth will “decelerate in 2022 from 3.5 percent to 1.7 percent” as downside risks “dominate” the regional…
Region’s financial systems remain resilient despite climate change shocks!
By: Staff Writer November 4, 2022 The International Monetary Fund remains optimistic on the region’s financial systems staying resilient in the face of climate change disasters, but we should not…
CariCRIS assigns Corporate Credit Ratings to Access Financial Services Limited
November 4, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial issuer/corporate credit ratings of CariBB+ (Foreign Currency Rating) and CariBBB- (Local Currency Rating) on the regional…
Regional Business Forum Set to Unleash Caribbean’s Investment Potential
November 4, 2022 Global business leaders looking to invest in the Caribbean and connect with regional innovators and entrepreneurs will soon be gathering at the highly anticipated Caribbean Investment Forum…
Jamaica set to be the first CARICOM country with microinsurance legislation Bill to be tabled in 2023
November 4, 2022 Jamaica is set to become the first country in CARICOM with microinsurance legislation with a bill to be tabled in 2023. This was announced by Jamaica Finance…
PwC in the Caribbean leads ESG and Net Zero conversation: Securing a sustainable future for the Caribbean
November 4, 2022 It’s clear we’ve reached a turning point globally on the imperative of ESG. It’s no longer just a consideration for governments and businesses to address, instead it’s…
CariCRIS assigns ‘high creditworthiness’ ratings for ANSA Merchant Bank Limited
November 1, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial issuer/corporate credit ratings of CariAA (Foreign Currency (FC) and Local Currency (LC)) on the regional rating…
Exxon finds more oil in Guyana
By: News America Now November 1, 2022 ExxonMobil keeps on rolling in the oil in the South American CARICOM nation of Guyana. The company announced two discoveries at the Sailfin-1…
British International Investment re-enters the Caribbean.
November 1, 2022 British International Investment (BII), the UK’s development finance institution and impact investor, marked its return to investing in the Caribbean at a business reception held at the…
Caribbean Entrepreneur Makes Inc 5000 List Of Fastest Growing Businesses In The USA
By: News America Now November 1, 2022 Starting a cleaning service is not an unusual choice for Caribbean immigrants who have migrated to the US, but Caribbean entrepreneur Ingrid Murray…