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.
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.
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
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
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.
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.
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.
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.
CaribWorldNews, NEW YORK, NY, Fri. June 25, 2010: Jamaica is being urged to strengthen its tax administration and introduce a Central Treasury Management system.
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
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.
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.
CaribWorldNews, KINGSTON, Jamaica, Thurs. April 29, 2010: Former chairman of the soon to be defunct Air Jamaica, Gordon `Butch` Stewart, has a new title.
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.
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
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
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.
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.
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.
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
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.
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.
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
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
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
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
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
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.
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
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.
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.
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
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.
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
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
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
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.
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
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.
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.
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.
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.
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.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
CaribWorldNews, NEW YORK, NY, Fri. April 3, 2009: Texas financier, R. Allen Stanford, is claim the court-appointed receiver is wasting Stanford assets.
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.
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
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.
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.
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.
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
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.
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.
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.
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
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
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.
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.
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.`
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
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
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
CaribWorldNews, HOUSTON, TX, Weds. July 23, 2008: Trinidad and Tobago remains rich with natural gas, an audit by a Houston-based company said yesterday.
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.
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.
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
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.
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.
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
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.
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
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
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.
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
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
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
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
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
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
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.
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
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.
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
CaribWorldNews, LONDON, England, Mon. Feb. 4, 2008: Cable & Wireless' chief executive of the Caribbean and Americas, Chris Hetherington, has been canned.
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
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.
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,
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
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
CaribWorldNews, KINGSTON, Jamaica, Mon. Jan. 7, 2008: Some thirty percent of the employees of Jamaica’s national carrier, Air Jamaica, could be let go.
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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