By: Staff Writer July 29, 2022 A Barbadian agricultural entrepreneur is making the invasive and destructive sargassum seaweed into big business, turning it into plant fertilizer, using it to develop…
Category: CARIBBEAN BUSINESS AND FINANCE
JMMB posts US$78M net profit, marks 30-year anniversary.
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com July 29, 2022 JMMB Group posted a net profit of J$ 12.01bn representing a growth of 56 percent over the prior year. The group shared this…
ExxonMobil makes two more discoveries offshore Guyana
July 26, 2022 ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru…
Dominican Republic’s Agro-food Producers to Increase Exports with Support from the EU and CDB
July 26, 2022 Creating greater export opportunities for Micro, Small, and Medium Enterprises (MSMEs) in agriculture to access more markets and build resilience is the focus of a new project…
Bridging the Gap for Micro Small and Medium Enterprises (MSMEs) in Saint Lucia
July 26, 2022 The Caribbean Export Development Agency team met with Saint Lucia’s Minister for Commerce, Manufacturing, Business Development, Cooperatives and Consumer Affairs, the Honourable Emma Hippolyte, and stakeholders from…
TransPerfect Announces New Contact Center in Santo Domingo, Dominican Republic
July 22, 2022 TransPerfect, the world’s largest provider of language and technology solutions for global business, today announced the opening of a new contact center in Santo Domingo, Dominican Republic.…
DOMINICA’S NATIONAL BANK DROPS CIBC PURCHASE
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com July 19, 2022 In what appears to be a twist of events, the National Bank of Dominica Limited along with First Caribbean International Bank (Barbados) Limited…
REGIONAL LEADERS CALL FOR REDUCING THE ICT GAP AT CANTO MEETING
By: Staff Writer July 19, 2022 Even with talks on reducing roaming charges across the Caribbean region, many leaders say a lot more must be done in developing Information Communication…
LIBERTY LATIN AMERICA RELEASES 2021 ESG ANNUAL REPORT
July 19, 2022 Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today released its second annual ESG report outlining the Company’s commitment…
Guyana to Improve Public Policy and Fiscal Response to the COVID-19 Pandemic with IDB Loan
July 19, 2022 Guyana will improve the efficiency and effectiveness of its public policy and fiscal management response to the COVID-19 pandemic with a US$130 million loan from the Inter-American…
Caribbean Export Supports Research into the Development of Industrial Policy in the Caribbean
July 19, 2022 At the heart of the development of the Caribbean is the sustainable industrialisation of the region to achieve economic growth and transformation. Sustainable Development Goal (SDG) 9,…
Saint Lucia repositions Citizenship Programme under new slogan “Beyond the Passport:” – CS Global Partners
July 15, 2022 The citizenship by investment programme of Saint Lucia is one of the youngest economic citizenship programmes in the Caribbean. The government has set up a dedicated Citizenship…