By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 The JMMB Group Limited posted a net profit of J$8.82 and earnings per share of J$4.23 for the nine months ending December 31,…
Category: CARIBBEAN BUSINESS AND FINANCE
IMF Executive Board Concludes 2021 Article IV Consultation with Jamaica
February 18, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] with Jamaica. In the decade preceding the pandemic, Jamaica made good progress to…
ViaCarte Celebrates Barrier Breaking Partnership With Delchain
February 15, 2022 ViaCarte, an industry pioneer in digital payments and bespoke luxury benefits, is pleased to announce its new partnership with Delchain, a leading digital asset and financial services…
Finding the Right Solution: Gidden Augustin, Managing Director of IT Consulting Company ‘islandTEK’
February 15, 2022 St Lucian entrepreneur Gidden Augustin always dreamed of starting his own company after growing up on his parents’ farm and seeing his father manage the family business.…
ExxonMobil starts production at Guyana’s second offshore development
February 15, 2022 Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year Accelerated development brings Guyana production capacity to more than 340,000 barrels…
IMF Staff and Suriname Reach Staff-Level Agreement on the First Review of the Extended Arrangement Under the Extended Fund Facility
February 15, 2022 The IMF staff team and Surinamese authorities reached a staff-level agreement on the first review of the authorities’ economic recovery program supported by the Extended Fund Facility…
IMF Executive Board Concludes 2021 Article IV Consultation with Dominica
February 15, 2022 The Executive Board of the International Monetary Fund (IMF) concluded on February 2 the Article IV consultation with Dominica. [1] The COVID-19 pandemic took a heavy toll at…
Bahamas a Top-Performing Flag State, Says ICS Report
February 8, 2022 The Bahamas has been confirmed as a top-performing flag state, achieving positive scores across all 19 categories of the International Chamber of Shipping (ICS)’s 2020-21 Flag State…
Jamaica-based Private Equity Firm Takes 26% Stake in My Ocean, ‘Hand-made in The Bahamas’ Soaps, Candles & More
February 8, 2022 A Bahamian company that started with a few hand-made soaps and a cultural vision is going into expansion mode, moving into spacious manufacturing headquarters and expanding staff and…
Premier of the Turks and Caicos Islands on Official Visit to the Caribbean Development Bank
February 8, 2022 A shared mission of advancing the Caribbean Region must continue to bond the staff of the Region’s leading development institution, the Caribbean Development Bank (CDB), and the…