May 28, 2024 At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Michael Perks visited Barbados during May 13-21, 2024 to discuss the…
Category: CARIBBEAN BUSINESS AND FINANCE
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…
Médico Express and Caribbean Health TPA foster medical tourism
May 14, 2024 Dominican health tourism continues to solidify its position within our national brand and export portfolio. The combination of skilled medical professionals, cutting-edge technologies, and modern infrastructure paves…
St. Vincent and the Grenadines: Staff Concluding Statement of the 2024 Article IV Mission
May 10, 2024 An IMF staff team, led by Ms. Nan Geng, visited Kingstown during April 23 – May 7, 2024, for the 2024 Article IV consultation discussions on economic…
CaribbeanEmployment’s Top Tips On Successful Gig Work
May 10, 2024 Amid multiple international organizations reporting consistently high rates of informal employment throughout the region, Caribbean Employment Services Inc., the region’s market-leading digital recruitment firm, has revealed its…
USA Today publication describes St. Kitts and Nevis As “Caribbean Economic Powerhouse”
May 10, 2024 The Federation of Saint Kitts and Nevis has garnered international attention, being prominently featured in a comprehensive country report by Business Focus, a distinguished subset of USA…
Exxon causing trouble in Guyana- is the oil really worth it?
By: Staff Writer May 7, 2024 Less than a month after the oil giant Exxon moved forward with it sixth offshore development in Guyana, the company is facing two legal…
Landmark Renewable Energy Project in The Bahamas Begins Operation with IDB Invest Support
May 7, 2024 Fairfield Solar Plant begins operations today as one of the two solar plants in Grand Bahama developed by Lucayas Solar Power Ltd. Fairfield is the first solar…