April 26, 2022 The technology group Wärtsilä has been awarded the contract to supply and install a 46 MW dual-fuel power plant to the Caribbean Island of Antigua. The engineering,…
Category: CARIBBEAN BUSINESS AND FINANCE
Caribbean Economic Report: Marla Dukharan
April 26, 2022 The IMF is expecting global growth to slow from 6.1% in 2021 to 3.6% in 2022-23 and 3.3% over the medium-term. Note that global growth below 3%…
Suriname President Santokhi voices concern at new US banking rules
April 22, 2022 President Chandrikapersad Santokhi has expressed concern about the new banking legislation in the United States that he says could have a very negative effect on the financial…
Eviation Signs Deal with Cape Air for 75 All-Electric Alice Commuter Aircraft for Caribbean
Eviation Aircraft, a global manufacturer of all-electric commuter aircraft, and Massachusetts-based Cape Air, one of the largest short-haul airlines in the United States, have announced a Letter of Intent (LOI)…
Goldman Sachs sought to woo Bahamas based crypto-giant at Caribbean meeting
By: Tabby Kinder in Hong Kong and Eva Szalay in London April 22, 2022 Goldman Sachs chief executive David Solomon met billionaire FTX founder Sam Bankman-Fried in March to discuss…
CariCris issues highest credit rating to Sagicor Life Jamaica Limited.
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com April 15, 2022 JmAAA, the highest credit rating to be issued on the Jamaica National Scale has been awarded to Sagicor Life Jamaica Limited (SLJ or…
Dominica: Technical Assistance Report-External Sector Statistics
April 15, 2022 A remote technical assistance (TA) mission on external sector statistics (ESS) was conducted to the Statistics Department of Dominica (SDD) during August 30 to September 10, 2021.…
Caribbean Export presents Dominican companies awarded under its Grant Programmes
April 15, 2022 Thirteen companies in the Dominican Republic are to receive financial grants from Caribbean Export. Three companies: Fátima Polanco 3 Styles, Miel Noelia and Fábrica de Chocolate Artesanal…
St. Lucia: Technical Assistance Report-External Sector Statistics
April 15, 2022 A remote technical assistance (TA) mission on external sector statistics (ESS) was conducted for the Central Statistical Office (CSO) of Saint Lucia during March 22–26, 2021. The…
Suriname: Technical Assistance Report-External Sector Statistics
April 15, 2022 A technical assistance (TA) mission on external sector statistics (ESS) was conducted in Paramaribo, Suriname, during March 2‒13, 2020. The mission was part of the Caribbean Regional…