June 7, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted a mission with the Surinamese authorities during April 29-May 10 to discuss policies to complete…
Category: CARIBBEAN BUSINESS AND FINANCE
Caribbean tourism growth to be sustained in 2024 but will face geopolitical pressure.
By: Staff Writer June 4, 2024 The Inter-American Development Bank in a new report said that tourism growth in the Caribbean will be sustained in 2024 but likely with “less…
Bermudian Employers Encouraged To Seek Help With Recruitment
June 4, 2024 Amid an ongoing moratorium on new work permits for nearly 60 job categories, the nation’s employers are being encouraged to seek professional support for their recruitment needs.…
Employers Encouraged To Foster Tolerant Work Environments This Pride Month
June 4, 2024 As countries around the world begin to celebrate Pride Month during the month of June, Caribbean employers are being encouraged to be more tolerant in the workplace,…
ECLAC said central government debt declined in the Caribbean for 2023
By: Staff Writer May 31, 2024 A United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report that fiscal deficits widened across the LAC as economies began to…
The Best Caribbean Countries to Invest In or Do Business For 2024
May 31, 2024 The 2024 list of the Best Countries in the World to do business, published by CEOWORLD magazine, has been released, highlighting the Top Caribbean nations for investment…
Curaҫao takes important step towards a sustainable energy future with Wärtsilä Battery Energy Storage System
May 21, 2024 Technology group Wärtsilä will supply the Caribbean island of Curaҫao with a 25 MW / 25 MWh Battery Energy Storage System (BESS). The system will enable the…
Aruba Utility Celebrates Final Takeover of Fourth Wärtsilä Power Plant over 20 Year Partnership
May 21, 2024 Technology group Wärtsilä and Water – En Energiebedrijf Aruba N.V. (WEB) will celebrate the final takeover of Recip Phase IV, a 102 MW dual-fuel power plant on…
CEO says more effort must be made to recruit the younger generation
May 17, 2024 With many Caribbean countries still struggling with youth unemployment, Joseph Boll, CEO, Caribbean Employment Services Inc., said more of an effort can be made to meet the…
An AI-Powered Boost to Anguilla’s Revenues
May 17, 2024 AI technologies like ChatGPT hold great promise to spur productivity growth and innovation globally. They have also generated an unusual boom in Anguilla, a British overseas territory…
IMF Executive Board Concludes 2024 Article IV Consultation with St. Kitts and Nevis
May 17, 2024 On May 2, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with St. Kitts and Nevis and endorsed the staff…