August 1, 2023 Curaçao and Sint Maarten, which form a monetary union (Union), are recovering from the pandemic and earlier shocks. Substantial tourism recoveries in both economies supported robust growth…
Category: BUSINESS AND FINANCE
Caribbean Export Forges Closer Ties with the Dominican Republic through Headquarters Agreement Signing
August 1, 2023 The Caribbean Export Development Agency (Caribbean Export) took a significant step forward in strengthening trade and cooperation with the Dominican Republic as Minister of Foreign Affairs, Roberto…
IMF Executive Board Concludes 2023 Article IV Consultation with the Kingdom of the Netherland—Aruba
July 28, 2023 On end of lapse-of-time date, July 24, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV discussions [1] with the Kingdom of the Netherlands—Aruba.…
Kingdom of the Netherlands—Aruba: 2023 Article IV Consultation Discussions-Press Release; and Staff Report
July 28, 2023 The Aruban economy recovered to the pre-pandemic level of real GDP by 2022, supported by a robust rebound in tourism. The fiscal position has been improving but…
The Original PeachSkinSheets® Launches Vibrant Caribbean Collection
July 28, 2023 The Original PeachSkinSheets®, the affordable, high quality, moisture wicking bedding brand known for keeping warm sleepers cool and cool sleepers cozy, today announces the launch of their…
CDB Extends USD12.5 million Line of Credit to Government of Belize to Boost MSMEs
July 25, 2023 “ The Caribbean Development Bank (CDB) is pleased to support Belize’s Micro Small and Medium-sized Enterprises (MSMEs) with this USD12.5 million investment. The line of credit being provided…
EU PLEDGES 45B EUROS FOR CELAC, GONSALVES CALLS FOR CHANGE IN HOW THEY VIEW REGION
By Kimberly Ramkhalawan June 21, 2023 Latin American and Caribbean Leaders were in Brussels for the EU-CELAC Summit earlier this week, the first one in eight years. And while the…
T&T TIC “SOLD OUT!” $75M yield
By: Kimberly Ramkhalawan July 21, 2023 kramkhalawan@caribmagplus.com This year’s Trade and Investment Convention (TIC) is boasting to be the largest convention in its 24-year history, as it is set to…
CEO: Employers must start thinking about how they’re going to take advantage of CSME
July 21, 2023 Following the 45th CARICOM Heads of Government meeting held in Port of Spain, Trinidad, in July, a tentative date of March 31, 2024, has been set for…
Digital talent acquisition presents a better way to make diaspora aware of job opportunities back home
July 21, 2023 As some governments in the Caribbean are calling for their respective diasporas to take advantage of investment and job opportunities in their home countries, the CEO of…
IMF Executive Board Concludes 2023 Article IV Consultation with Grenada
July 21, 2023 On July 17, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation [1] with Grenada and considered and endorsed the…
Grenada: 2023 Article IV Consultation-Press Release; and Staff Report
July 21, 2023 Grenada is simultaneously navigating the recovery from the pandemic and a rise in energy and food prices. Growth is estimated to have reached 6.4 percent in 2022,…