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Regional
Low Trading Levels Prompt Jamaican Financial Firm to Delist From Barbados Stock Exchange
After ten years of trading on the Barbados Stock Exchange (BSE), the Jamaican financial firm Jamaica Money Market Brokers Group Limited (JMMBGL) is set to quit the local money market.
In what he described as a voluntary delisting, JMMBGL…
Bank of Jamaica Governor Denies There’s Any Plan to Devalue Country’s Dollar
Governor of the Bank of Jamaica (BoJ) Brian Wynter has dismissed the claim that the Central Bank is devaluing the Jamaican dollar, as part of plans to increase the inflation rate.
“It is absolutely not true and it takes you down a wrong…
NOAA Forecasters Lower Atlantic Hurricane Season Prediction
Conditions in the ocean and the atmosphere are conspiring to produce a less active Atlantic hurricane season than initially predicted in May, though National Oceanic and Atmospheric Administration (NOAA) is raising caution as the season…
Jamaican Woman and Family Among Dead in Bridge Collapse in Italy
It has been confirmed that Jamaican Dawna Munroe, her Italian husband Cristian Cecal, and their nine-year-old daughter Crystal, who was also born in Jamaica, were among the dozens of people killed when a bridge collapsed in Genoa, Italy…
Another Credit Downgrade for Barbados
For the second time since the May 24 general election, international rating agency Standard & Poor’s (S&P) has hit Barbados with a credit downgrade.
Yesterday it lowered the issue-level ratings on this country’s global bonds to…
Jamaica Police Increasing Use of Technology to Arrest Crime
Within the next three years, Jamaica Constabulary Force (JCF) personnel will be using more technological solutions in their daily operations in a bid to reduce incidents of crime and their likely occurrence.
Some of the technology-based…
Project on Climate Resilient Road Transport Sector Expanded to Include Dominica Because of Hurricane…
The Caribbean Development Bank (CDB) has expanded the scope of an on-going road transport project to include Dominica, given the devastation caused by Hurricane Maria in 2017.
The hurricane had a major impact on transportation…
FAO warns climate change will significantly impact Caribbean fisheries
A new research report from the Food and Agriculture Organization of the United Nations (FAO) cautions that climate change is expected to significantly reduce fisheries globally by 2050, including in the Caribbean.
The report also advises…
Cable and Wireless reaffirms commitment to the Caribbean region
The CEO of the recently established Liberty Latin America, Balan Nair, and CEO of its subsidiary company, Cable & Wireless Communications (C&W), Inge Smidts, underscored their continued commitment to drive the region’s technological…
Jamaica and Namibia Agree on Visa Waiver Programme
Jamaicans traveling to the Republic of Namibia for business or tourism will not be required to obtain a visa.
That’s because the Governments of Jamaica and Namibia this morning agreed to a visa waiver programme.
It’s the first of…
ExxonMobil Says There’s More Oil Offshore Guyana Than it First Thought
There appears to be more oil offshore Guyana than oil giant ExxonMobil had originally estimated.
It announced earlier today that it has now been confirmed that the 6.6 million-acre Stabroek Block which it controls, has the equivalent of…
Parliament Approves Further Extensions for Zones of Special Operations in Jamaican Communities in…
There has been yet another set of extensions in the Zones of Special Operations (ZOSOs) in two Jamaican communities, as authorities try to make further headway in their fight against crime in those hotspots.
The House of Representatives…
New report finds retail prices in Puerto Rico are not affected by the Jones Act
Economists from Boston-based Reeve & Associates and San Juan-based Estudios Técnicos, Inc. on Wednesday released a joint report, “The Impact of the Jones Act on Puerto Rico,” which concluded the Jones Act has no impact on either retail…
CIBC FirstCaribbean wins “Most Innovative Bank” award
July 18, 2018 – Less than two months after releasing enhancements to its Mobile App and Online Banking, CIBC FirstCaribbean has been named the Most Innovative Bank in the region at the prestigious World Finance Banking Awards awarded by…
Trini Woman Jailed in UK for Defrauding Charity of US$1 Million
A Trinidadian-born woman has been jailed in the United Kingdom for defrauding a charity she worked for of just over US$1 million.
Nadia Deone Chase Ali, 35 was sentenced to six years in prison after being convicted of fraud by abuse of…