September 24, 2024 Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, the names “Uchuva”…
Category: BUSINESS AND FINANCE
Immigrant Invest: which Caribbean citizenship by investment to choose
September 24, 2024 Caribbean citizenship by investment programs attract foreigners for several reasons, including visa-free travel to 140+ countries, tax optimisation, and creating a safe haven. A Caribbean passport by investment is obtained in…
El Salvador’s bitcoin dream is now a nightmare
By: Staff Writer September 20, 2024 El Salvador only made $235 from Bitcoin between January to July of this year according to the country’s Bitcoin Fund Management Agency (AAB), the…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2024 Article IV Consultation Discussions-Press Release and Staff Report
September 20, 2024 Curaçao and Sint Maarten experienced a vigorous post-pandemic recovery. Growth was underpinned by strong stayover tourism, which is outperforming Caribbean peers. Headline inflation has declined rapidly, notwithstanding…
IMF Executive Board Completes Seventh Review Under the Extended Fund Facility Arrangement for Suriname
September 20, 2024 The Executive Board of the International Monetary Fund (IMF) completed the seventh review under the Extended Fund Facility (EFF) arrangement for Suriname. The completion of the review…
Dominican Republic: 2024 Article IV Consultation-Press Release and Staff Report
September 17, 2024 The Dominican Republic has grown strongly over the last two decades supported by political and social stability and a sustained track record of strong policies and strengthened…
ECLAC: Region has an “inability to grow.”
By: Staff Writer September 12, 2024 A United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report said that the Latin American and Caribbean (LAC) region is “mired…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominican Republic
September 13, 2024 On September 10, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the Dominican Republic and considered and endorsed the staff…
IMF statement on Honduras
September 13, 2024 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes issued a statement following in person and virtual discussions with the Honduran authorities on policies to…
CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses
September 10, 2024 The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for…
Caribshopper and the Caribbean Development Bank: Connecting Caribbean Entrepreneurs to Global Markets
September 6, 2024 Caribshopper, is a Caribbean Development Bank (CDB, the Bank) supported e-commerce platform connecting Caribbean products to consumers in the diaspora. With over 90 million Caribbean migrants longing for a taste…
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…