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Caribbean, Latin America Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 27, 2010: High levels of debt and elevated inflation will continue to cast a shadow over the coming years` food and drinks value growth in the Caribbean, a new report claims.

The latest Caribbean Food and Dri

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Caribbean, Latin America Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 20, 2010: The Jamaican economy has been deeply impacted by the global crisis and Real Gross Domestic Product is projected to fall by 3.5 percent in FY 2009/10.

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Caribbean And Latin America Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 13, 2010: The Caribbean experienced a mixed start to 2010, with sharp differences between countries in terms of tourist arrivals but in general, the picture was positive, with se

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Caribbean and Latin America Business In Brief

CaribworldNews, NEW YORK, NY, Fri. Aug. 6, 2010: The general downgrading of growth prospects for the major global economies does not augur well for the Caribbean, especially those countries that are dependent on touris

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Caribbean And Latin America Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. July 30, 2010: Usage of traditional fixed-line phone services in the Caribbean is on the decline in many markets.

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Caribbean, Latin America Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. July 23, 2010: The International Monetary Fund this week canceled Haiti`s $268 million debt.

The b

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Caribbean, Latin American Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. July 16, 2010: St. Kitts and Nevis is set to impose new 17 percent sales tax and a 10 percent hotel levy as part of a wider Value Added Tax system set for roll out this November.

<
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Cuban-Born, Former U.S. Senator Takes Up JPMorgan Chase Post

CaribWorldNews, ORLANDO, FL, Weds. July 14, 2010: Former U.S. senator, Cuban-born Mel Martinez, has been named as a new senior executive for JPMorgan Chase & Co.

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Previously Sound Caribbean Economies Now At Risk – Report

CaribWorldNews, NEW YORK, NY, Fri. July 9, 2010: Caribbean economies like Trinidad and Tobago and Barbados, previously thought to be sound, are now facing fundamental risks, a new report says.

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First Biography Of Digicel CEO Released

CaribWorldNews, NEW YORK, NY, Fri. July 2, 2010: The first biography of the mobile tycoon who entered and essentially conquered the Caribbean mobile phone market has been released.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. June 25, 2010: Jamaica is being urged to strengthen its tax administration and introduce a Central Treasury Management system.

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Caribbean Tourism Sees Slight Increase

CaribWorldNews, GREATER GEORGETOWN, Guyana, Fri. June 18, 2010: Hotel occupancy in the Caribbean is on an upswing according to the Caribbean Tourism Organization, which wrapped up Caribbean Week in New York last Friday

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. June 11, 2010: Caribbean tourism officials insist the region`s tourism sector continues to rebound.

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That Air Passenger Duty Tax

By David Jessop

CaribWorldNews, LONDON, England, Fri. June 4, 2010: Within days of Britain’s new coalition government taking of

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Europe`s Woes Could Create Problems For The Caribbean

By David Jessop

CaribWorldNews, LONDON, England, Fri. May 28, 2010: Nothing illustrates better the contradictions between economic gl

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Caribbean, Latin America Business In Brief

CaribWorldNews, SAN JUAN, Puerto Rico, Fri. May 21, 2010: Pharmaceutical giant Pfizer Inc. has decided to cut 1,500 jobs in Puerto Rico.

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Olint Case For Turks & Caicos Supreme Court

CaribWorldNews, PROVINCALES, Turks And Caicos, Fri. May 14, 2010: The fraud case against the Olint investment club is headed for the Supreme Court in the Turks and Caicos Islands next month.

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Immigrant Named New Dean Of Harvard Business School

CaribWorldNews, BOSTON, MA, Fri. May 7, 2010: An Indian immigrant has been named the new dean of the Harvard Business School.

Nitin N

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Financial Impact Of Caribbean Carnival In Canada Put At Over 400 Million

CaribWorldNews, TORONTO, Canada, Fri. April 30, 2010:  The economic impact of Caribana, the annual Caribbean carnival in Toronto, Canada, has been put at just over $400 million, a new report says. 

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From Air Jamaica To JAMPRO For Gordon `Butch` Stewart

CaribWorldNews, KINGSTON, Jamaica, Thurs. April 29, 2010: Former chairman of the soon to be defunct Air Jamaica,  Gordon `Butch` Stewart, has a new title.

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Has The Trinidad Govt. Approved The Air Jamaica Deal?

CaribWorldNews, PORT-OF-SPAIN, Trinidad, Fri. April 23, 2010: Has the Trinidad and Tobago government really signed off on the Air Jamaica deal?

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Chinese Company To Take Over Govt. Shares In Jamaica Bauxite Refinery

CaribWorldNews, KINGSTON, Jamaica, Thurs. April 22, 2010: A Chinese company may soon take over the 45 percent stake the Jamaican government owns in Clarendon Alumina Production Limited.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 16, 2010:Telecommunications entity, Cable and Wireless, says the High Court has thrown out a claim that it unlawfully delayed the entry of the mobile phone company, Digicel, in

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Society of Trust and Estate Practitioners Conference For Barbados

CaribWorldNews, BRIDGETOWN, Barbados, Tues. April 13, 2010: The Society of Trust and Estate Practitioners is set to desce

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St. Lucia Economy Looking At Slow Recovery

CaribWorldNews, WASHINGTON, D.C., Fri. April 9, 2010: St. Lucia’s economy contracted by over 5 percent last year and the outlook for 2010 points to a slow  recovery, according to the International Monetary F

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Look Out For Haiti Hope Mango Lime-Aid From Coke

CaribWorldNews, NEW YORK, NY, Thurs. April 1, 2010: The Coca-Cola Co. Is set to invest an estimated $7.5 million will be invested over the next five years in mango farmers in Haiti.

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The Future Of That Cariforum-European Union

By David Jessop

CaribWorldNews, LONDON, England, Mon. Mar. 29, 2010: This month, senior Caribbean officials will meet in Jamaica with

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Barbados Also Goes The Loan Route

CaribWorldNews, BRIDGETOWN, Barbados, Weds. Mar. 24, 2010: The Prime Minister of Barbados has joined two other Caribbean nations in seeking out loans from international institutions.

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Two Caribbean Nations Turn To The IMF

CaribWorldNews, NEW YORK, NY, Fri. Mar. 19, 2010: Two Caribbean nations have turned to the IMF for loans to help them through the current economic crisis.

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That Summit Of Heads of Government of the European Union and Latin America and the Caribbean

By David Jessop

CaribWorldNews, LONDON, England, Weds. Mar. 17, 2010:  In Madrid on May 18th, the Spanish government as Presiden

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World Bank Says It Can Help Caribbean With Climate Change

CaribWorldNews, ROSEAU, Dominica, Fri. Mar. 12, 2010: World Bank Group President, Robert B. Zoellick, says the institution is committed to helping the Caribbean Community with innovative financing to battle climate cha

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Jamaica Bank To Cut Staff

CaribWorldNews, KINGSTON, Jamaica, Weds. Mar. 10, 2010: Jamaica`s National Commercial Bank is set to lay off 100 workers.

The island

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St. Kitts And Nevis To Sign Tax Information Exchange Agreements With Six Nordic Nations

CaribWorldNews, BASSETERRE, St. Kitts, Mon. Mar. 8, 2010: St. Kitts and Nevis is set to sign Tax Information Exchange Agreements  with six Nordic countries on March 24th.

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Canadian Bank Buys Stake In Bermuda Bank

CaribWorldNews, TORONTO, Canada, Weds. Mar. 3, 2010: A Canadian bank on Tuesday announced it had bought an over 20 percent stake in a Bermuda bank.

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Caribbean Business In Brief

CaribWorldNews, WASHINGTON, D.C., Fri. Feb. 26, 2010: Jamaica is taking on a greater debt burden as the money it is loaned grew this week.

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What`s Up With Doha?

By David Jessop

CaribWorldNews, LONDON, England, Fri. Feb. 19, 2010: Is the Doha round dead? That is a question that few want to ask

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Haiti Quake Damages Could Be Close To 13 Billion

CaribWorldNews, WASHINGTON, D.C., Thurs. Feb. 18, 2010: The cost of damages suffered in Haiti by the January 12th earthquake could be anywhere from $7.2 billion to $13.2 billion.

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Caribbean Tourism Group Forecasts Rebound In 2010

CaribWorldNews, BRIDGETOWN, Barbados, Thurs. Feb. 11, 2010: Most of the Caribbean region may have suffered from a drop in visitor arrivals last year but the regional body responsible for the sector is forecasting a reb

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Invest In The Caribbean, Says Financial Analyst

By Bevan Springer

CaribWorldNews, BRIDGETOWN, Barbados, Mon. Feb. 1, 2010:  As the world climbs out of a difficult recession, a

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Haiti Relief Donations Qualify For Immediate Tax Relief

CaribWorldNews, NEW YORK, NY, Tues. Jan. 26, 2010: People who give to charities providing earthquake relief in Haiti can claim these donations on the tax return they are completing this season, according to the I

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Brazil To See Boost In Mobile Networks By 2014

 CaribWorldNews, BUENOS AIRES, Argentina, Fri. Jan. 22, 2010:  The South American nation of Brazil will account for 38 percent of all mobile virtual network operators in Latin America by 2014, new research in

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Haiti To Receive Just $8 Million In Catastrophe Insurance

CaribWorldNews, NEW YORK, NY, Fri. Jan. 15, 2010: Haiti`s death toll and damages have yet to be totaled but The Caribbean Catastrophe Risk Insurance Facility is already calculating the premium to be paid to the country

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Latin American and Caribbean Imports/Exports Dropped Last Year

CaribWorldNews, NEW YORK, NY, Fri. Jan. 8, 2010: Imports to the Latin American and Caribbean region and exports from both areas dropped significantly last year, compared to the previous year, a new United Nations study

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Trinidad & Tobago`s Oil Export Could Slip

CaribWorldNews, Port-OF-SPAIN, Trinidad, Weds. Dec. 23, 2009: Trinidad and Tobago will account for just 0.49 percent of Latin America regional oil demand by 2014, while providing only 1.16 percent of supply.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Dec. 18, 2009: World Trade Organization Director General, Pascal Lamy, is applauding the successful efforts of Latin American banana producing nations, the United States and the Europ

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Caribbean Petroleum Corp Sued

CaribWorldNews, SAN JUAN, Puerto Rico, Thurs. Dec. 10, 2009: A third class-action lawsuit against the Caribbean Petroleum Corp. has been filed weeks after the October 23rd fire in Puerto Rico.

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Caribbean & Latin American Business In Brief

CaribWorldNews, NEW YORK, NY, Thurs. Dec. 3, 2009: The World Bank is insisting that the Latin American region will not be that impacted by the Dubai debt fall out.

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Grenada PM Calls For Commonwealth To Play Bigger Role

CaribWorldNews, PORT-OF-SPAIN, Trinidad, Weds. Nov. 25, 2009: Grenada Prime Minister, Tillman Thomas, wants the Commonwealth and the Americas to embark upon a more prominent role in the reforming and restructuring of t

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U.S. Reform Of Trade Preferences: Opportunity To Comment

By Andrea M. Ewart, Esq.
Special To CWNN

CaribWorldNews, WASHINGTON, D.C., Fri. Nov. 22, 2009: Earlier in the year we reported

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Caribbean Business In Brief

CaribWorldNews, New YORK, NY, Fri. Nov. 13, 2009: Members of the U.S. congress were notably absent from the just concluded Carib News Business conference, held in Jamaica.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Nov. 6, 2009: Cable and Wireless Caribbean has reported a drop in revenue of ten percent.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 30, 2009: Newly- appointed US Ambassador to Belize, Vinai Thummalapally, sees an excellent relationship being forged between the United States and Belize as well as other Central

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri., Oct. 23, 2009:  The Caribbean region seems to be regaining its honeymooning market share.

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IRS To Add Staff To Barbados Office

CaribWorldNews, NEW YORK, NY, Thurs. Oct. 15, 2009: As the Internal Revenue Service steps up its focus on tax cheats in overs

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 9, 2009: The urban unemployment rate in Latin America and the Caribbean has climbed slightly to 8.5 per cent in the second quarter of 2009, with the United Nations forecasting th

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 2, 2009: An agreement to establish the Microenterprise Growth Facility, a new source of lending intended to provide up to $250 million in financing to microfinance

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Sept. 25, 2009: How much exactly is the world`s fastest man worth? Is it US$20 million or $100 million?

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Foreign Direct Investment In Caribbean Drops

CaribWorldNews, GENEVA, Switzerland, Fri. Sept. 18, 2009:  Foreign direct investment in the Caribbean and Central America declined last year, according to the World Investment Report.

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Caribbean Tourism Numbers Show Some Improvement

CaribWorldNews, NEW YORK, NY, Fri. Sept. 11, 2009: Few Caribbean nations are even bothering to report latest tourism arrivals now but the few who have, show that while the downward trend of lowered visitor levels conti

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U.S. Company Takes Over Jamaican Bauxite Entity

 CaribWorldNews, NEW YORK, NY, Fri. Sept. 4, 2009: A leading North American aluminum company has announced its takeover of St. Ann Bauxite Limited of Jamaica, West Indies.

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Caribbean Business in Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 28, 2009: Jamaica could see more of Jet Blue soon.

The airline, which has yet to target Jamai

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 21, 2009: Sandals Resorts International has purchased the recently shuttered Four Seasons Resort Great Exuma in the Bahamas for an undisclosed sum.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 14, 2009: Is Antigua and Barbuda being bailed out by Venezuelan President Hugo Chavez?

The island`s Prime Minister, Baldwin S

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 7, 2009:  International credit ratings agency, Standard and Poor`s, has cut Jamaica`s credit rating.

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Caribbean Airlines Looking For New CEO

CaribWorldNews, NEW YORK, NY, Fri. July 31, 2009: Caribbean Airlines is on the hunt for a new chief executive officer.

The company`s

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Caribbean Business In Brief

Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Weds. July 29, 2009: Antigua`s Ministry of Legal Affairs is investigating t

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. July 17, 2009: A 300-percent spike in demand from the middle class for loans in the Caribbean region has occurred recently, a new report claims.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. July 10, 2009: Trinidad and Tobago`s Petrotrin this week signed off on a $40 million oil and gas exploration deal with Canadian company, Voyager Energy Ltd.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Thurs. July 2, 2009: Haiti`s Ambassador to the U.S., Ray Joseph, is celebrating the forgiveness this week of nearly two-thirds of his country`s total debt.

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Caribbean Business in Brief

CaribWorldNews, NEW YORK, NY, Fri. June 26, 2009: The International Financial Service Providers Association of Antigua and Barbuda is insisting `its jurisdiction remains a sound, competitive and well-regulated financia

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. June 19, 2009: The Patrick Manning government of Trinidad and Tobago is planning to shell out upwards of $155 million to construct a natural gas pipeline to its sister island of Tobag

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. June 12, 2009: Simberi Mining Corp. says it plans to acquire a prospecting license for a 6,431-hectare area in the Mazaruni mining district of Guyana.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. June 5, 2009: Caribbean nations continue to see a decline in tourist arrivals, according to latest figures released by the Caribbean Tourism Organization for June.

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Caribbean Business In Brief

 CaribWorldNews, NEW YORK, NY, Fri. June 5, 2009: Caribbean nations continue to see a decline in tourist arrivals, according to latest figures released by the Caribbean Tourism Organization for June.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 29, 2009: A U.S.-based Jamaican national has reportedly offered to buy the 200 room Forum Hotel in Portmore, St. Catherine.

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Caribbean Business In Brief

CaribWorldNews, New York, NY, Fri. May 22, 2009: Guyana`s Le Meridien Pegasus hotel has been purchased by Sahara, a private investment group based in South America.

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Caribbean Business In Brief
CaribWorldNews, NEW YORK, NY, Fri. May 15, 2009: Caribbean nations continue to experience a decline in tourist arrivals to their shores, latest Caribbean Tourism Organization figures show.
Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 8, 2009: It is imperative that trade continues to flow in the Caribbean and Latin American region to mitigate the current global economic crisis.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 1, 2009: A U.S.-based company has been fined for links to suspicious activity allegedly carried out by Jamaican investment club, OLINT.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 24, 2009: The Caribbean and Latin American economies will contract this year based on a drop in tourist arrival and exports, the International Monetary Fund said this week.

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Caribbean Needs Stepped Up Trade Integration World Bank


GENEVA, Switzerland, Fri. April 17, 2009: The acceleration of trade integration in the Caribbean is essential to boost the region`s growth, create jobs, and reduce poverty, says a new World Bank study.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Thurs. April 9, 2009: Barbados` economic outlook has been changed from stable to negative.

Ratings agen

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 3, 2009: Texas financier, R. Allen Stanford, is claim the court-appointed receiver is wasting Stanford assets.

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Another Caribbean Ponzi Scheme Discovered - SEC

CaribWorldNews, NEW YORK, NY, Fri. Mar. 27, 2009: Another Caribbean ponzi scheme has been discovered, according to the U.S. Securities and Exchange Commission, this time in St. Vincent and the Grenadines.

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Caribbean American Chamber to Salute Minority and Women Business Achievers

Caribbean American Chamber to Salute Minority and Women Business Achievers

CaribWorldNews, NEW YORK, NY, Fri. Mar. 20, 2009: The Cari

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Mar. 20, 2009:  Bermuda’s bond ratings may be lowered by Moody’s Investors Service.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Nov. 14, 2008: The Caribbean`s banana industry could again be impacted by the European Union.

Ambassadors of the African, Caribbean, Pacific group of nations say they hav

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Ethanol Presents `Extraordinary Opportunity` To Change Energy Matrix - Former Brazilian Minister

CaribWorldNews, CASTRIES, Saint Lucia, Nov. 7, 2008:  Latin America is being presented with an `extraordinary opportunity` to change the internati

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Thurs. Oct. 30, 2008: Insurance group, Zurich Financial Services Group, says its face around 600 million US dollars claims from hurricanes Gustav and Ike.
Still the company says Zuri

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Caribbean Rum Bailout Slammed

CaribWorldNews, NEW YORK, NY, Thurs. Oct. 30, 2008: A Washington-based budget watchdog group is criticizing the inclusion of `bailout` dollars for Caribbean-distilled rum, Captain Morgan and Bacardi.

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Caribbean Warned To Prepare For Hard Times

CaribWorldNews, NEW YORK, NY, Tues. Oct. 29, 2008: The Caribbean is being warned to expect harder times as the global slowdown will have negative effects on the region.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 24, 2008: Several Caribbean nations whose small economies benefit from off-shore financial entities, co

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The Global Economic Crisis: A View From The South

By Odeen Ishmael

With the world plunged into a financial and economic crisis, the international media continues to be engrossed with

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Caribbean Business Round-Up

CaribWorldNews, NEW YORK, NY, Fri. Oct. 17, 2008: Guyana`s main opposition party, the Peoples National Congress Reform, insists Guyana is in the grip of an economic crisis.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 10, 2008: Despite dissension, the signing of the CARIFORUM - European Community Economic Partnership Agreement will go ahead next Wednesday, October 15, at the Sherbourne Confere

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 3, 2008: The US$60 million annual marketing campaign, recently proposed by the Caribbean Community tourism ministers to could begin in the first quarter of 2009.

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Grenada: Extra Spending On Elections Has Resulted In Serious Fiscal Problem

By Linda Straker

CaribWorldNews, ST. GEORGE`S, Grenada, Fri. Sept. 26, 2008: An official from the International Monetary Fund says t

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Sept. 19, 2008: The Puerto-Rico-based Banco Popular has reached an agreement to purchase a unit from R-G Mortgage Corp.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Sept. 12, 2008: Guyana`s President, Bharrat Jagdeo, is standing his ground and refusing to sign on to the much-debated, Economic Partnership Agreement.

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What's Right About the CARIFORUM EPA

By Andrea M. Ewart, Esq.

Sitting in a small and cramped room on a small Caribbean island discussing the merits of the Economic Partn

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MARRIOTT ADDS MORE CARIBBEAN HOTELS

CaribWorldNews, NEW YORK, NY, Fri. Sept, 5, 2008: Marriott International is opening three new hotels in the Caribbean region. Two are set to open in Suriname and one in Trinidad. Suriname will get two 138-room Courtyar

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ZOOM DROPS GUYANA ROUTE

CaribWorldNews, NEW YORK, NY, Fri. Sept, 5, 2008: Zoom Airlines which was contracted by Constellation Tours to fly to Guyana from Canada in November is filing for bankruptcy. The company this week announced they were d

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Caribbean Mobile Market `Dynamic`

CaribWorldNews, NEW YORK, NY, Fri. Aug. 30, 2008: The mobile market in the Caribbean continues to be among the most dynamic in the world. That’s according to the latest report from Research and Markets.

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Suriname Warned On Inflation

CaribWorldNews, WASHINGTOn, D.C., Fri. Aug. 29, 2008: The government of Suriname has been warned to monitor inflation. The warning comes from executives of the International Monetary Fund.

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Caribbean Business Round-Up

CaribWorldNews, NEW YORK, NY, Fri. Aug. 22, 2008: Barbados could soon have an ethanol plant.

Etanol de Costa Rica SA  of Brazil

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 15, 2008: The Bermuda Monetary Authority has announced `significant enhancements to Bermuda's solvency and disclosure regulations for insurance.`

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Caribbean Business Round-Up

CaribWorldNews, NEW YORK, NY, Fri. Aug. 8, 2008: The Trustees of the Cable and Wireless Jamaica Pension Fund, one of Jamaica’s largest pension funds, have placed for sale on the international real estate market f

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Aug. 1, 2008: A much-touted banana deal between the EU and Latin American exporters has collapsed.

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Burger King For Suriname

CaribWorldNews, NEW YORK, NY, Thurs. July 31, 2008: Popular American fast food chain Burger King is set to open its first outlet in Suriname.

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Caribbean Business Round-Up

CaribWorldNews, NEW YORK, NY, Fri. July 25, 2008: The weak U.S. dollar has not dissuaded Americans from planning trips abroad this year, but they may be heading to destinations closer to home, according to a surv

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Caribbean Social Networking Platform Unleashed

CARIBPR Newswire, NEW YORK, NY, Fri. July 25 2008: Social networking specifically for Caribbean nationals has gotten a shot in the arm with the establi

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Trinidad & Tobago Rich With Gas

CaribWorldNews, HOUSTON, TX, Weds. July 23, 2008: Trinidad and Tobago remains rich with natural gas, an audit by a Houston-based company said yesterday.

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Chavez Loosens PetroCaribe Conditions

CaribWorldNews, NEW YORK, N.Y., Fri. July 18, 2008:  Venezuelan President Hugo Chavez has announced more favorable terms for members of his PetroC

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Caribbean Nations Among Those Opposing EU Cuts

CaribWorldNews, LONDON, England, Fri. July 18, 2008: Caribbean, African and Pacific countries on Thursday insisted proposed cuts in EU banana import tariffs are a threat to producers in their nations.

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New Head For Caribbean Regional Negotiating Machinery

CARIBWORLDNEWS, BRIDGETOWN, BARBADOS, MON. JULY 7, 2008: Trinidad and Tobago national, Henry Gill, is set to now lead the charge at the Caribbean Regional Negotiating Machinery.

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Digicel Going Green?

CaribWorldNews, NEW YORK, NY, Thurs. July 3, 2008: Mobile telecommunications operator, Digicel, is turning on to solar power in Suriname.

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Spirit Airline Fined Over Cuba

CaribWorldNews, MIRAMAR Fl, Thurs. July 3, 2008: Spirit Airlines has been fined $100,000 for violating U.S. restrictions on trade with Cuba.

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T&T Energy Company To Gain From $13.8B Takeover Bid

By Allison Skeete


CaribWorldNews, NEW YORK, NY, Fri. June 27, 2008: UK's BG Group has launched a hostile takeover bid th

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Dominican Republic Advised To Boost Food Production

CaribWorldNews, NEW YORK, N.Y., Thurs. June 26, 2008: A high-ranking official of the International Monetary Fund has advised the Dominican Republic to encourage farming to beat back the effects of the downturn in the g

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IDB Boost For Caribbean Businesses

CaribWorldNews, NEW YORK, N.Y., Mon. June 23, 2008: If you own a business or are thinking of owning a business, the Inter-American Development Bank is offering to lend you a hand or, rather, some cash.

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Barbados Urged To Downturn In Economy

CaribWorldNews, NEW YORK, N.Y., Fri June 20, 2008: The IMF has recommended that Barbados support vulnerable groups and take measures to reduce the public debt to deal with the current downtown in the economy.

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The Next Emerging U.S. Niche Market

By Felicia Persaud

`I'll invest in stable economies and emerging markets,` says the world’s richest man, Warren Buffet. Who w

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DR Buys Out Oil Refinery

CaribWorldNews, NEW YORK, N.Y., Fri. June 13, 2008: The government of the Dominican Republic has doled out more than $100 million to gain full ownership of an oil refinery it had co-owned with Royal Dutch Shell PLC. Th

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Infinite Holdings To Distribute Biofuels In The Caribbean

CaribWorldNews, HAMILTON, BERMUDA, Weds. June 11, 2008: Infinite Holdings Group Inc., a diversified holding company with a focus on the Caribbean basin will soon be to distributing biofuels throughout the Caribbean.

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U.S. Economy Could Impact Caribbean Insurance Sector

CaribPR Newswire, TAMPA, FL, Fri. June 6, 2008: As the U.S. dollar slides in value in relation to other global currencies, the cost of goods and services will increase and put further pressure on companies whose

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 30, 2008:  The Caribbean and the European Union are reportedly set to sign their economic partnership agreement on July 23rd in Barbados, Europolitics, a Brussels-based publi

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 23, 2008: IDB President, Luis  Moreno, is set to announce a new financial package to confront the food crisis in Latin America and the Dominican Republic.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 16, 2008:  The Dominican Republic says it has seen a boost in first quarter tourist arrivals to the country.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 9, 2008: As global food prices continue to rise, the Guyana government is revisiting the ‘Grow-More’ campaign.

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The Caribbean`s First Online Advertising Network Launches In Jamaica

CaribWorldNews, KINGSTON, Jamaica, Mon. May 5, 2008:  Founders of Caribclix, which dubs itseld as the Caribbean’s first online advertising n

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. May 2, 2008: Swedish company, IKEA, will reportedly open its first store in the Caribbean next year.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 25, 2008: With Caribbean countries and nations around the globe facing skyrocketing food prices, the U.N. Food and Agricultural Organization says farmers in developing nations s

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Caribbean Business Round-Up

CaribWorldNews, NEW YORK, NY, Fri. April 18, 2008: The Caribbean is set to be on display in London in June. A Caribbean Pavilion is set to be set up at the London Calling 2008, set for Earl’s Court from June 19-2

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 11, 2008: The issue of bananas will be on the agenda when the Prime Ministers of Dominica, St Lucia and Vincent and the Grenadines meet with industry stakeholders, on April 18 i

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. April 4, 2008: Air Jamaica is dropping St. Lucia from its flight routes again.

The airline this we

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Mar. 28, 2008: Senator Barack Obama is calling on Senator Hillary Clinton to release her tax returns, particularly following reports that the senator and her husband may have benefite

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Thurs. Mar. 20, 2008: Harrah`s Entertainment has pulled out of a $2 billion, six-hotel deal in the Bahamas.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Mar. 14, 2008: Cuba’s telecom market, which has the lowest mobile and Internet penetration in Latin America, may be on the verge of liberalization, says a new Research and Marke

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Mar. 7, 2008: Some 11 million Euros have been earmarked for `the next cycle of cooperation` between the European Commission and the Caribbean.
That’s the word from Head of

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Caribbean Business In Brief

CaribWorldNews, PORT-OF-SPAIN, Trinidad, Fri. Feb. 29, 2008: The Trinidad and Tobago government said that it would establish a new refinery that would significantly increase oil production in the country.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Feb. 22, 2008: Scotiabank yesterday acquired a minority equity stake in Cidel, the largest privately owned bank and trust company incorporated in Barbados.
`We are very excited

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Caribbean Business In Brief

CaribWorldNews, KINGSTON, Jamaica, Fri. Feb. 15, 2008: The Northern Caribbean University of Jamaica has received a major financial boost from one of the world’s richest man.

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Caribbean Business In Brief

CaribWorldNews, WASHINGTON D.C, Fri. Feb 8, 2008: Air Jamaica has been sued by U.S. federal prosecutors for allegedly failing to immediately correct damage to a plane and flying the plane 58 times in `an unairwor

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Cable & Wireless' Caribbean Chief Canned

CaribWorldNews, LONDON, England, Mon. Feb. 4, 2008: Cable & Wireless' chief executive of the Caribbean and Americas, Chris Hetherington, has been canned.

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Caribbean Business In Brief

CaribWorldNews, New York, NY, Fri. Feb. 1, 2008: An international credit agency has given Jamaica a stable rating, making it easier for the Bruce Golding administration to raise money on the international capital marke

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Caribbean Business in Brief

CaribWorldNews, NEW YORK, NY, Fri. Jan. 25, 2008: Dominican officials have confirmed that plans to build an oil refinery with Venezuelan assistance will go ahead, despite objections from local environmentalists.

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Caribbean Business In Brief

CaribWorldNews, FALLS CHURCH, Virginia, Jan. 18, 2008: Individuals around the world have invested $262.8 billion in hedge funds that are headquartered in the Caribbean, making it easy for them to evade taxes back home,

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`Cease & Desist` Order Must Stay On Cash Plus Court Rules

CaribWorldNews, KINGSTON, Jamaica, Thurs. Jan. 17, 2008: As the government of Jamaica continues its crack down on investment clubs, the island`s Supreme Court agreed that a cease and desist order issued by the Financia

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Caribbean Business In Brief

CaribWorldNews, BRIDGETOWN, Barbados, Jamaica Fri. Jan 11, 2008: A regional panel of Caribbean experts is reviewing import taxes on cooking oil, rice, meat and other food products to help lower rising supermarket price

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Large Number Of Air Jamaica Staffers Could Be Let Go

CaribWorldNews, KINGSTON, Jamaica, Mon. Jan. 7, 2008: Some thirty percent of the employees of Jamaica’s national carrier, Air Jamaica, could be let go.

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Caribbean Business In Brief

CaribWorldNews, NEW YORK, NY, Fri. Oct. 5, 2007: Canada's largest bank will more than 130 branches across the Caribbean, giving it a presence in 18 countries and territories across the region.

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