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IMF concludes 2018 consultation with Suriname

On November 16, 2018, the executive board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with Suriname. Suriname’s economy has stabilized and is expected to further improve. Real GDP grew by 1.7…

CCJ Declares Guyana’s Cross-Dressing Law Unconstitutional

The Caribbean Court of Justice (CCJ) ruled that a law in Guyana, which makes it a criminal offence for a man or a woman to appear in a public place while dressed in clothing of the opposite sex for an “improper purpose”, is…

Barbados on Track for OECD Compliance By Year-End

The Barbados Government is on track to revise its current suite of international business legislation by year-end to ensure compliance with the Organisation for Economic Cooperation and Development’s (OECD) Base Erosion and Profit Shifting…

10 Injured as Plane Crash Lands at Airport in Guyana

Ten people were injured this morning when a Fly Jamaica aircraft carrying 120 passengers and eight crew members made an emergency landing at the Cheddi Jagan International Airport (CJIA) in Guyana. Officials say none of the injuries are…

CIBC FirstCaribbean’s Anguilla operations to close

Bridgetown, Barbados, 13 September, 2018 - CIBC FirstCaribbean International Bank today announced that it has taken a decision to close its Anguilla office early in the new year. Managing Director of Barbados and the EC Islands, under…

Turkish foreign minister arrives in Suriname on Thursday

After several changes in dates, Mevlüt Çavuşoğlu will become the first Turkish foreign minister to visit Suriname when he arrives on Thursday for a two-day visit. A few days later, on September 23, Chinese foreign minister Wang Yi will also…

Trump renews economic embargo against Cuba

The Trading with the Enemy Act, one of the legal bases of the embargo imposed by the United States against Cuba was extended on Monday by US President Donald Trump through a memorandum sent to the Secretaries of State and Treasury. This…