September 10, 2021 MPC Energy Solutions (MPCES) has entered the Dominican Republic through a joint development agreement with Soventix Caribbean, a leading regional developer. MPCES holds 51% in this partnership that seeks to develop…
Category: BUSINESS AND FINANCE
ArawakX and SunCash Team up to use CBDC Sand Dollar
September 10, 2021 ArawakX stock exchange announces a historic alliance with SunCash Ltd. a payment service provider to become the world’s first Stock Exchange to integrate Central Bank Digital Currency…
El Salvador holds 400 bitcoin, price jumps
September 7, 2021 El Salvador holds 400 bitcoins, President Nayib Bukele said on Monday, one day before the country formally adopts it as legal tender alongside the U.S. dollar. Bitcoin…
MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021 MPC Energy Solutions (MPCES) has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar…
Top Three Things Suriname Must Learn From Guyana’s Oil Boom
By Arthur Deakin September 7, 2021 Suriname, like Guyana, has just discovered billions of barrels of recoverable oil offshore its coast. This has attracted a flurry of international investors seeking…
Volaris announces the obtention of the authorizations to operate through its subsidiary Vuela El Salvador, S.A. de C.V., as a national air carrier from El Salvador
September 7, 2021 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America,…
Primary balances are set to improve in the Caribbean!
By: Staff Writer September 3, 2021 A new United Nations Economic Commission for Latin America and the Caribbean (ECLAC) survey says that government revenues will improve this year in addition…
Recovery and Reactivation in Panama
September 3, 2021 As a hub for innovative financial services and logistics, Panama can help lead Latin America and the Caribbean’s post-pandemic rebound. President Claver-Carone made his first official visit to…
IN SURINAME,THE FUTURE OF TECHNOLOGY IS FEMALE AND FAB
By Terry-Ann Coley-Graham September 3, 2021 The IDB promoted the added value of private sector activity in Suriname by improving the business climate and innovation, spurring knowledge in manufacturing and…
Another Caribbean Country Goes The Digital Currency Route
September 3, 2021 In August Jamaica joined the Eastern Caribbean group of countries and The Bahamas in launching its digital currency. The first batch of the Central Bank Digital Currency…
Most Caribbean countries won’t return to pre-crisis levels until 2022 says IDB- “Fragile path to growth!”
By: Staff Writer August 31, 2021 The Inter-American Development Bank (IDB) warns that countries in the Caribbean won’t return to pre-crisis economic levels until “at least 2022.” The IDB in…
‘A Gift from the Gods’ – The story behind the Belize Chocolate Company
August 31, 2021 Belize has a rich chocolate history dating back thousands of years to the Mayans who are believed to have invented the confectionary. These original chocolatiers would dry, grind,…