As we in the Caribbean seek to fast-track recovery and build a post COVID-19 world where business plays a leadership role in creating much needed jobs, access to finance remains a major constraint. The World Bank in its 2020 Ease of Doing Business Report notes that of the 14 Caribbean countries that were reviewed in its annual report, only 3 of them Jamaica (ranked 15th), Trinidad & Tobago (ranked 67th) and Guyana ranked 94th) are among the top 100 countries globally in accessing credit. This is out of a total of 190 countries. Simply put, we are not doing well in this critical index.
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PORT OF SPAIN, Trinidad –Trinidad and Tobago Wednesday said that Latin America and the Caribbean (LAC) region accounts for approximately 10 per cent of global loaded goods, yet with that volume of traffic the region is grossly underrepresented with respect to personnel employed in the maritime sector.
ST. GEORGE’S, Grenada – The Grenada economy is in a deficit despite the government’s monthly revenue being more than what was collected monthly last year, a senior government minister said here on Tuesday.
GEORGETOWN, Guyana – The American Chamber of Commerce of Guyana (AmCham Guyana) has entered into an agreement with its Trinidad and Tobago counterpart (AmCham T & T) providing for mutual co-operation between them.
Energy, tech and energy-related startups can now apply to receive $100,000.00 in grant funding to bring their game-changing ideas to life and help solve some of the world’s most critical problems, including climate change.
PORT OF SPAIN, Trinidad – Caribbean Airlines Limited (CAL) is reporting an operating loss of some TT$326.6 million (US$48 million) for the first half of this year, in an official statement on its unaudited financial results, issued Thursday by the company.
MIAMI —Do you know an amazing woman leader, activist, or hero? She may be someone who inspires and motivates. From now through Sept. 3, 2021, consider nominating her for the 33rd Annual In the Company of Women Awards, recognizing the achievements of exceptional Miami-Dade women leaders who have shaped the community. Click here for the nomination form.
KINGSTON, Jamaica – Jamaica says it remains optimistic that the investment climate in the tourism sector remains positive despite it being impacted by the coronavirus (COVID-19) pandemic.
Kingston, Jamaica - GraceKennedy (GK) has completed its acquisition of Scotia Insurance Eastern Caribbean Limited (SIECL) and has also announced that the company is to be rebranded under the name GraceKennedy Life Insurance Eastern Caribbean Limited (GK Life). GK Life will continue to offer credit protection on personal loans, residential mortgages, personal lines of credit, personal and small business credit cards in the seven Eastern Caribbean countries in which SIECL previously operated, namely: Anguilla, Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
WASHINGTON, -- ibex (NASDAQ: IBEX), a global leader in business process outsourcing (BPO) and end-to-end customer engagement technology solutions, today announced the opening of its new Campus location in the Sunshine City area of Portmore, Jamaica. The new facility will create 1,300 digitally-enabled jobs, bringing the company’s total employment on the island to more than 6,500 people.
PORT OF SPAIN, Trinidad – The state-owned Caribbean Airlines (CAL) Friday said it has made “significant progress” on its restructuring plans after suffering severe economic fallout due to the coronavirus (COVID-19) pandemic.
BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) Wednesday said the performance of local economy continues to be restrained by the protracted global presence of the coronavirus (COVID-19) pandemic, noting that the immediate challenge facing the Barbados economy is to build on the green shoots of growth experienced during the second quarter.
KINGSTON, Jamaica – Prime Minister Andrew Holness, says Jamaica’s business process outsourcing (BPO) industry has recorded a 15 per cent increase in employment, despite the economic fallout resulting from the coronavirus (COVID-19) pandemic.