Opportunities at 3rd Caribbean Investment Forum and Marketplace in Grenada

Opportunities at 3rd Caribbean Investment Forum and Marketplace in Grenada

Editorial credit: Paul Wittet / shutterstock.com The Organization of Eastern Caribbean States (OECS) Commission, in collaboration with key regional and international partners, is set to host the 3rd Caribbean NDC Investment Forum & Marketplace from March 31 to April 2, 2025, in Grenada. This premier event will bring together policymakers, private sector leaders, development agencies, […]

Government to Pay Over $30M in Backpay to Public Sector Workers in February

Government to Pay Over $30M in Backpay to Public Sector Workers in February

 By Prime Minister’s Office | Photo credit: Prime Minister’s Office Following the successful conclusion of negotiations between the Government Negotiating Team (GNT) and the Trade Union Federation (TUF), the Cabinet of Ministers have agreed to pay out an additional $32 million in back pay to more than 11,000 public servants in February. The government will commence […]

Clarke, Haiti Caucus Condemn U.S. Freeze on Assistance to Haiti

Clarke, Haiti Caucus Condemn U.S. Freeze on Assistance to Haiti

Editorial credit: Nelson Antoine / shutterstock.com    U.S. freezes critical aid as gangs prepare to attack Port-au-Prince   Washington, D.C. — Today, House Haiti Caucus Co-Chairs Yvette D. Clarke (NY-09), Ayanna Pressley (MA-07), and Sheila Cherfilus-McCormick (FL-20) issued the following statement on the Trump administration’s 90-day halt of foreign funding – including a freeze on a $15 million committed […]

Guyana Invited to Lead New Global Oil Producers’ Group

Guyana Invited to Lead New Global Oil Producers’ Group

By: dpi.gov.gy | Editorial Credit: dpi.gov Guyana’s exemplary management of its oil and gas sector has earned it an invitation to chair a global coalition of the world’s newest oil-producing nations. The group includes fellow oil producers such as Ghana and Suriname. Minister of Natural Resources Vickram Bharrat made the announcement on Saturday during the […]

Nevis Reveals Significant Incentives to Returning Nationals

Nevis Reveals Significant Incentives to Returning Nationals

By Observer News | Photo credit: thestkittsnevisobserver.com Charlestown, Nevis – The Ministry of Finance in the Nevis Island Administration (NIA) has unveiled a comprehensive set of exemptions and concessions under a significantly enhanced Returning National/Diaspora Investment Policy launched on January 21, 2025. This policy is designed to encourage the return of nationals, retirees, and individuals with […]

Grenada Earns Nearly Half a Billion from CIP in 2024

Grenada Earns Nearly Half a Billion from CIP in 2024

By Caribbean Business Report | Editorial credit: Nancy Pauwels / shutterstock.com  Grenada earned nearly half a billion dollars from the Citizenship by Investment Program last year.  The authorities said nationals from China and Nigeria accounted for more than 2,000 of the approved 5,443 new citizens approved in 2024.  The government earned EC$472.9 million, but recently, […]

CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest

CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest

By Caribbean Business Report  The Caribbean Development Bank (CDB) has approved a USD 7 million grant to launch a transformative agricultural project in Haiti’s Northwest Department (NWD). Building on the successes of the Community-Based Agriculture and Rural Development Project (CBARDP), this new initiative aims to tackle ongoing challenges such as poverty, food insecurity, and increased […]

A Historic Step Forward for Ocean Governance in the Wider Caribbean

A Historic Step Forward for Ocean Governance in the Wider Caribbean

By Caribbean Business Report   The Ocean Coordination Mechanism (OCM) for the Wider Caribbean has been officially activated and will commence its activities this year, marking a significant achievement in advancing the sustainable management of marine resources in the region.    With the signature of the Government of the Bahamas on 19 December 2024 and of […]

CTO Highlights Tourism Sustainability in Quarterly Webinar Series

CTO Highlights Tourism Sustainability in Quarterly Webinar Series

The Caribbean Tourism Organization (CTO) kicks off 2025 with its new Sustainable Tourism in Action quarterly webinar series. The first webinar, entitled “Sustainable Tourism in Action: Measuring and Reducing Carbon Footprints in the Caribbean” will take place Monday, Feb. 17, 2025, 9 a.m. 10:30 a.m. ET.    The event will be co-hosted by Sustainable Travel […]

CDB Funding for Saint Kitts and Nevis’ Development Strategy

CDB Funding for Saint Kitts and Nevis’ Development Strategy

By Caribbean Business Report  The Caribbean Development Bank (CDB, the Bank) has approved a grant of USD132,000 to the Government of Saint Kitts and Nevis (GOSKN) for the formulation of a Medium-term Development Strategy and Investment Plan for 2025-2029. The plan will promote inclusive, resilient, and sustainable development in alignment with the Sustainable Development Goals […]

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