October 20, 2023 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial Issuer/Corporate Credit Ratings of srA+ (Local Currency Rating) and srA (Foreign Currency Rating) on the Suriname…
Category: BUSINESS AND FINANCE
Suriname: Third Review Under the Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Suriname
October 20, 2023 The authorities continue to prioritize fiscal discipline and macroeconomic stability in their policy actions. Restructuring agreements have been reached for both official and privately-held public debt, aside…
Panama Canal WARNING: Don’t travel through with large payloads!
By: Staff Writer October 17, 2023 The administrator of the Panama Canal Authority (ACP) said that they are giving ships wishing to pass through the zone 21 days of lead…
Caribbean Employment Services Inc. Marks Three Years Of Operation With Extended Promotion
October 17, 2023 For the last three years, Caribbean Employment Services Inc. has been faithfully doing its part to level up the labour market in the region. With a persistent…
CariCRIS reaffirms ‘high creditworthiness’ ratings of the Government of the Republic of Trinidad and Tobago
October 17, 2023 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the sovereign issuer credit ratings assigned to the Government of The Republic of Trinidad and Tobago (GORTT)…
CDB and GOSLU sign USD 7.6 million Agreement for Funding Youth Enterprise Programmes in Saint Lucia
October 17, 2023 The Caribbean Development Bank (CDB) and the Government of Saint Lucia (GOSLU) yesterday signed a USD7.6 million agreement to finance the Saint Lucia Youth Economy Project through…
Inside Dominica, The Tiny Caribbean Island Offering “Golden Passports” To Billionaires And Oligarchs
By: Forbes October 13, 2023 Since 1993, the tiny Caribbean island nation of Dominica has allowed foreigners to buy citizenship in a bid to attract more investment into the local…
The Government of Jamaica is working with international financial institutions and donors to strengthen cooperation with IMF
October 13, 2023 The Government of Jamaica is working with international financial institutions and donors to strengthen cooperation, crowd-in private investment and build climate resilience following the Resilience and Sustainability…
The Caribbean is poised for an agricultural boom!
By: Staff Writer October 10, 2023 The Caribbean Week of Agriculture(CWA), 2023 opened in The Bahamas with the Prime Minister touting a “boom” for agriculture in the region very soon,…
CEDA partners with IDB for Digital Transformation Institute
By: Staff Writer October 10, 2023 The Caribbean Export Development Agency (CEDA) executive director said that innovation and digitisation is “critical” for the ease of doing business in the Caribbean…
Can the Caribbean Birth the Next Unicorn?
October 10, 2023 InstaCart, a prominent US-based grocery delivery application, made its much-anticipated debut in the public market last week with an Initial Public Offering (IPO) valued at a staggering…
Caribbean ‘Cadmium Talks’ Launched: To improve the management of Cadmium levels in cocoa and increase export viability
October 10, 2023 In response to the introduction in January 2019 of European Union (EU) regulations that stipulate stringent maximum levels (MLs) for cadmium content in chocolate and cocoa products…