April 6, 2021 Banco Popular Dominicano joins IDB Invest’s Trade Finance Facilitation Program (TFFP) by opening a credit line for up to $50m. This line will allow Banco Popular to…
Category: CARIBBEAN BUSINESS AND FINANCE
Another TT Methanol plant closes, Cites Natural Gas prices.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com On April 1, many in the Trinidad and Tobago energy sector would wake up to the announcement that yet another plant closure was looming at the…
Eastern Caribbean Blazes a Trail as First Currency Union to Launch Central Bank Digital Cash
By: Sarah Marsh April 2, 2021 The Eastern Caribbean on Thursday became the first currency union central bank to issue digital cash, a move that comes as bigger monetary authorities…
Haitian brand makes history with QVC debut
April 2, 2021 Haiti may be in turmoil politically but a Haitian-owned brand this week quietly made history by becoming the first Haitian brand to appear on QVC. On March…
Invest in Guyana Virtual Forum Attracts Scores of International Interest
April 2, 2021 The Guyana Office for Investment (GO-Invest), in collaboration with the Caribbean Export Development Agency (Caribbean Export), Caribbean Association of Investment Promotion Agencies (CAIPA) and the Delegation of…
Jamaica is well on its way to operating the first and only dedicated bamboo market pulp mill in the Western Hemisphere.
April 2, 2021 Bamboo Bioproducts Ltd (BBP) is advancing its investment in local bamboo with plans to build on lands in Frome, Westmoreland, and will focus on pulp for paper…
Preparing for 5G in the Caribbean
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com With the world jumping on the 5G wagon, Caribbean Mobile Operators are looking at what it will take to also come onboard. The 5G revolution has…
Ocean Bay Announces, Breaks Ground On Luxury Resort Residences In Punta Cana, Dominican Republic
March 30, 2021 Ocean Bay, a new luxury destination in the Caribbean that has claimed the final undeveloped property along Bavaro Beach in Punta Cana, today announced the release of its premier, oceanfront…
Hollywood Producers Find Caribbean Island of Nevis Safe Haven for Filming During Pandemic
By: CS Global Partners March 30, 2021 “One Year Off,” a comedy feature film, will be shot on the island of Nevis, a safe haven for filming during the coronavirus…
Sandals Resorts’ Worldwide Representative Affiliate Announces Expanded Leadership Line-Up
March 30, 2021 Unique Vacations Inc. (UVI), an affiliate of the worldwide representative for the brands of luxury all-inclusive resort leader Sandals Resorts International – including couples-only Sandals Resorts and…