September 27, 2024 IDB Invest, Bancolombia, and Atlas Renewable Energy, a global leader in clean energy generation, have strengthened their commitment to mitigating climate change by finalizing a long-term financial…
Category: BUSINESS AND FINANCE
Wärtsilä and Aqualectra partner to support Curaçao’s decarbonisation with new power plant to balance renewables
September 27, 2024 Technology group Wärtsilä has again been contracted by Aqualectra, Curaҫao’s government owned utilities company, to provide Engineering, Procurement and Construction in support of the country’s decarbonisation program.…
CDB, UK and Government of Dominica Launch Major Climate-Resilient Road Project
September 24, 2024 September 20th, 2024, marked a significant milestone in Dominica’s journey towards climate resilience with the groundbreaking ceremony for the Loubiere to Bagatelle Road Rehabilitation Project – Phase 1:…
ECOPETROL ANNOUNCES NAME CHANGE FOR OFFSHORE PROJECTS
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”…
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…