January 23, 2024 On January 16, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nicaragua and considered and endorsed the staff appraisal without…
Category: BUSINESS AND FINANCE
Drought continuing to impact Panama Canal- Maersk takes land route as bypass
By: Staff Writer January 19, 2024 The Panama Canal continues to battle through its worse drought in history, forcing shippers to change routes. It has also forced authorities to slash…
IDB Report Outlines the Progress and Challenges in Managing Public Debt in the Caribbean
January 19, 2024 Public debt load in the Caribbean has fallen sharply to near pre-pandemic levels, according to a new report by the Inter-American Development Bank (IDB), which urges governments…
Caribbean Airlines owes AATT over $5mn
January 16, 2024 Caribbean Airlines (BW, Port of Spain) has a debt of approximately TTD35 million Trinidad & Tobago dollars (about USD5.16 million) to the Airports Authority of Trinidad and…
Recruitment firm CEO hopes to see more accelerators, internship programmes
January 16, 2024 The CEO of a regional recruitment service is hoping to see more youth accelerators and internship programmes that will help boost employability and help more young Caribbean…
World Bank: The LAC is expected to grow despite global weakness
By: Staff Writer January 12, 2024 The Latin American and Caribbean (LAC) region is on target for moderate growth despite global forecasts predicting the worst record for growth in 30…
Over $4BN worth of international sustainable bonds in the region says study.
By: Staff Writer January 12, 2024 A new study by the Economic Commission for Latin America and the Caribbean (ECLAC) shows that the value of sustainable bonds on the international…
Chief executive commends govt. on proposed labour improvements
January 12, 2024 The chief executive of a leading recruitment firm is commending the Government of Saint Vincent & the Grenadines (SVG) for showing its commitment to improving the lives…
CEO urges employers to prepare for CSME implementation
January 12, 2024 On the heels of CARICOM Secretary-General Dr. Carla Barnett stating that full implementation of the Single Market and Economy (CSME) is slated for March of this year,…
CENTRAL AMERICA NICKEL ANNOUNCES FILING OF PATENT FOR SEPARATION OF LIGHT AND HEAVY RARE EARTHS
January 12, 2024 Central America Nickel Inc. (the “Company” or “CAN”) is pleased to announce it has filed an International application No. PCT/CA2023/051387 titled “Process for Extraction of Rare Earth Elements.” The…
TotalEnergies QUARTZ Auto Services Workshop Opened in Guatemala
January 12, 2024 TotalEnergies, a global leader in energy and automotive services, is proud to announce the opening of its latest QUARTZ Auto Services workshop in Guatemala. This state-of-the-art facility promises…
LIAT to close down, 90 will be on breadline
By: Staff Writer January 9, 2024 Regional airline LIAT to official shut down on January 24 to make way for the new LIAT (2020) In a letter signed by its…