KINGSTON, Jamaica – The Jamaica government says it will divest ownership of the Jamaica Mortgage Bank (JMB) and its 19 percent stake in the Jamaica Public Service Company (JPS) during this fiscal year.
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BRIDGETOWN, Barbados – The Caribbean Tourism Organization (CTO) said Thursday it remains positive about the continued rebound of the tourism industry even in the face of the uncertainty caused by the ongoing pandemic.
KINGSTON, Jamaica – Local investment firm Barita Investments Limited on Thursday announced a “landmark transaction” in which a Jamaican company, Ecommerce Property Services Limited (Ecommerce), has acquired three US-based real estate services companies.
KINGSTOWN, St. Vincent – The St. Vincent and the Grenadines government says it intends to introduce measures that would reform the tax and tariff systems and allow for citizens to be better able to acquire new vehicles.
GEORGETOWN, Guyana – Guyana says it has been able to expand its market share in the sale of rice overseas with the country being able to sell the product in three new countries including two in Europe.
ST. GEORGE’S, Grenada – Grenada’s Citizenship by Investment (CBI) program earned more than EC$150 million last year, an increase of almost 40 percent when compared to the earnings from 2020.
NEW YORK, NY - The South American CARICOM country of Guyana is rolling in the oil as ExxonMobil today announced two more oil discoveries.
WASHINGTON, D.C. – The United States Immigration and Customs Enforcement (ICE) agency has announced an extension of the flexibilities in rules related to with the Employment Eligibility Verification compliance for Caribbean and other nationals that was initially granted last year.
BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) says it is introducing a “safe, secure and convenient” platform that allows customers to apply to send funds abroad.
BRIDGETOWN, Barbados – The first of five phases to eliminate inefficient lights in Barbados will begin in the new year with the prohibition on the importation of any electrical lamp which emits less than 15 lumens per watt.
BRIDGETOWN, Barbados – The Director-General of the World Trade Organization (WTO) Dr. Ngozi Okonjo-Iweala, Wednesday said the Caribbean could serve as a production site for goods such as vaccines and that efforts are being made to get manufacturers to invest in the region.
NASSAU, Bahamas – The Royal Caribbean Group Wednesday said that the owners of the Grand Lucayan Resort in Grand Bahama have “mutually agreed” to terminate Bahamas Port Investments Limited (BPI) contract to purchase the 542 room Grand Lucayan after the ITM Group made the decision not to proceed with the acquisition.
KINGSTON, Jamaica – Six more unions representing public sector workers have accepted Government’s four per cent wage increase offer for April 2021 to March 2022, bringing the total so far to 31.