CASTRIES, St. Lucia – The St. Lucia government says it raised revenue totaling EC$1.68 billion (One EC dollar=US$0.37 cents) during the 2023-24 fiscal year in order to finance government operations and capital projects.
All Stories
CASTRIES, St. Lucia – The St. Lucia government says the Citizenship by Investment Program (CBI) contributed EC$45 million (One EC dollar=US$0.37 cents) in revenue to the Treasury during this fiscal year.
ST. GEORGE’S, Grenada – One of Grenada’s largest credit unions, Monday confirmed that it had become a victim of a cyber-attack, but sought to assure customers that their deposits “remain secure”.
KINGSTON, Jamaica - Players in the local coconut industry are being encouraged to do more to take advantage of high-value niche markets.
KINGSTON, Jamaica – A new tilapia hatchery under construction in the central parish of St. Catherine, is slated for completion towards the end of 2024.
GABORONE, Botswana - Bahamas Prime Minister Phillip Davis has unveiled a comprehensive blueprint designed to strengthen financial ties between Africa and the Caribbean, heralding the initiative as a new era of economic partnership and innovation.
ROSEAU, Dominica - The Dominica government has welcomed the latest report on the island’s economic performance by the International Monetary Fund (IMF) that is predicting an average 4.5 per cent growth this year.
WASHINGTON, DC – The World Bank has approved an investment project to expand coverage and improve the delivery of Jamaica’s social protection system, which is expected to benefit more than 290,000 people.
GEORGETOWN, Guyana – Guyana's government has confirmed that the company responsible for the new ferry service among Guyana, Barbados and Trinidad and Tobago has been incorporated.
HAMILTON, Bermuda – Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette newspaper, Tuesday reported a net loss US$466,000 last year as compared with US$76,000, the previous year.
KINGSTON, Jamaica – The Jamaica-based JN Fund Managers Limited says it has successfully arranged the execution of a J$900 million (One Jamaica dollar=US$0.008 cents) debt raise for FosRich Company Limited that will be using the capital injection to commence operations in Guyana.
HAMILTON, Bermuda – Bermuda's government has entered into an agreement with local banks that is intended to address the acute housing shortage on the island as well as further stimulate economic growth.
NEW YORK, New York – The US-based Fitch Ratings has upgraded Jamaica’s long-term foreign-currency and local-currency Issuer Default Ratings (IDRs) to ‘BB-‘ from ‘B+’, noting also that the outlook remains positive.