By: CEDA January 26, 2021 The Caribbean Export Development Agency (Caribbean Export) is pleased to announce that Mr Deodat Maharaj has been appointed as its Executive Director effective February 1,…
Category: CARIBBEAN BUSINESS AND FINANCE
Lotto continues in Jamaica with new partnership
January 26, 2021 International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its subsidiary IGT Global Solutions Corporation (hereinafter “IGT”) has signed a seven-year contract extension with Supreme Ventures…
IMF Executive Board Concludes 2020 Article IV Consultation with The Bahamas
By: The IMF January 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with The Bahamas. The COVID-19 pandemic has exacted a…
Range Developments shows “commitment” to the Six Senses Grenada- hires contractor to finish project!
By: Staff Writer January 22, 2021 The executive team at Range Developments, the leading citizenship by investment (CBI) developer in the Caribbean, has named Humiclima as its MEP (mechanical, electrical…
Adam Stewart Named Executive Chairman Of Sandals Resorts International
Sandals Resorts International has announced Adam Stewart’s appointment as the resort company’s Executive Chairman. Stewart becomes just the second Chairman in the company’s 40-year history. He is preceded by his late Father…
Guyana president slams Venezuela’s Maduro over disputed oil territory
By: Staff Writer January 12, 2021 President of Guyana, Dr. Irfaan Ali, Saturday responded sharply to Venezuela’s President Nicolas Maduro who, on Thursday, escalated rhetoric that Essequibo, which comprises almost…
Americans can become citizens of SKN in two months under its CIP
By: Staff Writer January 12, 2021 As political unrest reaches a breaking point in the United States, American nationals will be pleased to know that there is a lucrative investment…
Major resort group teams with Sagicor to raise $125m!
By: Staff Writer January 12, 20201 Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (“Playa”) today announced the pricing of an underwritten public offering of 35,000,000 of its Ordinary Shares, consisting…
Florida based firm acquires 100% ownership Bermuda Stock Exchange
By: Staff Writer January 12, 2021 The Bermuda Stock Exchange (the Exchange or BSX) today released results for the year ending 31 December 2020, continuing its ongoing history of both product…
Air France to serve all French speaking Caribbean colonies this summer.
By: Staff Writer January 12, 2021 Air France is increasing its service to the French Overseas Departments. This summer, the company will operate flights between the French Caribbean (Pointe-à-Pitre in…
Bahamas oil opponents win court battle, but drilling still continues!
By: Staff Writer January 8, 2021 While Bahamian environmentalists won a court battle, receiving a judicial review on the Bahamas Petroleum Company (BPC) approval to drill for oil, they did…
CBI firm sees increase in last year despite COVID- “People want freedom!”
By: Staff Writer January 7, 2021 Without a doubt, COVID-19 has impacted and shaped the world in which we currently find ourselves. 2020 was a year of uncertainty. With the…