September 30, 2022 An estimated USD3.7 million has been committed by the Caribbean Development Bank (CDB) to support Saint Lucia’s Micro, Small & Medium Enterprises (MSMEs). Under a new initiative,…
Category: CARIBBEAN BUSINESS AND FINANCE
TRINIS TO FACE MORE AT PUMPS, 2023 BUDGET PEGGED AT $57.68B
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 27, 2022 While it came as no surprise to many locals in Trinidad and Tobago, the price they face at the pumps this week, has…
Dominican Republic Takes Tentative Measures against Haiti Gangs
September 27, 2022 Officials in the Dominican Republic have made a series of moves this year to try and prevent a spillover of Haitian organized crime, yet they do not…
DUKHARAN: ONE WISH FOR T&T FISCAL BUDGET FY2022/2023 – PLEASE, MAKE IT MAKE SENSE
September 27, 2022 A top regional economist lays out the Trinidad and Tobago fiscal budget 2022/2023, begging policy makers to make sense out of their decisions. Marla Dukharan, in her…
The IDB wants PPI for growth potential firms!
By: Staff Writer September 20, 2022 The Inter-American Development Bank, in a recently published Working Group Report, said that firms around the region that rebounded more quickly from the COVID-19…
New National Agro-processing Facility for Dominica
September 20, 2022 With the support of the European Union and the Caribbean Development Bank, Dominica is now working to establish a new national agro-processing facility that will strengthen the…
Mottley: Caribbean at risk of becoming financial pariahs!
By: Staff Writer September 16, 2022 The Prime Minister of Barbados lays case to US government on the importance of correspondent banking to the Caribbean and it becoming “financial pariahs,”…
SCOTIABANK TT REPORTS YEAR TO DATE PROFITS OF $521M
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 16, 2022 Scotiabank Trinidad and Tobago Limited realised Income after Tax of $521m for the nine months ended July 31, 2022, marking an increase of…
Sorel is the Most Awarded Liqueur of 2022
September 16, 2022 Sorel, the hibiscus liqueur inspired by sorrel, the ancestral Afro-Caribbean beverage, is the most-awarded liqueur of 2022. Sorel returned to shelves in October 2021 with the support of Fawn Weaver and…
Saint Lucia hails the 12th Annual IREX Citizenship and Residency Conclave a success
September 13, 2022 The Citizenship by Investment Programme of Saint Lucia participated in the 12th Edition of the “IREX Citizenship and Residency Conclave” over the past weekend. The two-day event…
CARICRIS REAFFIRMS ITS CREDIT RATINGS FOR DEVELOPMENT BANK OF JAMAICA LIMITED
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 9, 2022 The Development Bank of Jamaica Limited (DBJ) has been reaffirmed the assigned Issuer/Corporate Credit ratings at CariBBB+ (Foreign Currency Rating) and CariA- (Local…