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Argyle airport paying dividends for St. Vincent and the Grenadines economy
The economy of St Vincent and the Grenadines is making a full turnaround boosted by increased tourism arrivals according to the International Monetary Fund (IMF).
In a statement issued on November 21 after the conclusion of their most…
Barbados overhauls corporate tax regime, slashes tax rate on local companies more than 20 per cent
Barbados will harmonize its domestic and international corporation tax regimes, by December 31, 2018, slashing the tax burden for some local companies by up to 29 per cent.
Prime Minister Mia Mottley announced in the Barbados Parliament…
Public protest in Bahamas over electricity prices
Hundreds of residents gathered on Wednesday for a march through downtown Nassau that ended with a public protest in Parliament Square, primarily over a rise in electricity prices in The Bahamas, along with a few other matters of public…
Cuba and EU discuss unilateral coercive measures
Representatives of Cuba and the European Union (EU) spoke last Monday about unilateral coercive measures, in the first round of the dialogue on this subject, held in Brussels, the Belgian capital.
According to a diplomatic note, an…
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…
Barbados Central Bank Governor Reports Progress But Says Growth Will be Slow
The Central Bank of Barbados is reporting some successes in the debt restructuring and public sector reform initiative under the Barbados Economic Recovery and Transformation (BERT) programme being implemented by government.
But Governor…
CDB, EU and UK to Help Dominica Make Public Buildings More Energy Efficient
The Dominica Government’s mission to make its public buildings more energy efficient and slash its energy bill is getting financial support from the Caribbean Development Bank (CDB), the European Union and the United Kingdom’s Department…
CARICOM Heads Recommit to Combating NCDs with Launch Of ‘Caribbean Moves’ Campaign
Caribbean Community (CARICOM) leaders attending the 73rd Session of the United Nations General Assembly in New York met yesterday to assess the progress made in combating Non-Communicable Diseases (NCDs) in the region, and to recommit their…
American Airlines Continues its St Maarten Comeback with New and Resumed Services
American Airlines has announced new and resumed service between major cities across the United States and St Maarten’s Princess Juliana International Airport.
St. Maarten-bound travelers will be able to fly American Airlines from Newark…
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…
Caribbean multi-destination tourism framework on track, says Jamaican minister
Jamaica’s tourism minister, Edmund Bartlett, says development of a Caribbean multi-destination tourism framework is on track.
He said that Jamaica has signed memoranda of understanding (MOU) with Cuba, the Dominican Republic and Mexico,…