By Caribbean News Report The Government of Saint Lucia under the leadership of Prime Minister Hon. Philip J. Pierre, continues to prioritize the growth of the apiculture sector. On Friday, December 5th, 2024, at the 12th Caribbean Beekeeping Congress and the 4th OECS Hewanorra Honey Show, the Prime Minister reaffirmed the government’s commitment to advancing […]
Photo credit: Caribbean Business Report St Vincent and the Grenadines Minister of Finance Camillo Gonsalves says the country’s economy lost an estimated EC$290.12 million (US$107 million) following the collapse of the two Trinidad-based insurance companies in 2009. In October, the Trinidad-based Caribbean Court of Justice (CCJ) ruled that the Trinidad and Tobago government was not […]
Photo credit: Caribbean Business Report Dominica’s beekeeping stars win big at the Hewanorra National Honey Show with 16 awards, the most claimed by any country at the event. The Hewanorra National Honey Show took place in Saint Lucia following the culmination of the 12th Caribbean Beekeepers Congress. The congress, which took place over 4 days, brought […]
The Government of Honduras received a payout of US$4,665,090 within 14 days of an excess rainfall event that affected that country over the period November 14 to 19, 2024. The Government of Honduras joined CCRIF in 2024, purchasing parametric insurance coverage for excess rainfall, effective June 1, 2024. On receipt of the payout, Minister of […]
The Eastern Caribbean Invest Blue Virtual Forum led by the Inter-American Development Bank, Compete Caribbean, the Organisation of Eastern Caribbean States OECS, Invest Saint Lucia, Invest SVG (St. Vincent and the Grenadines) and Grenada Investment Development Corporation (GIDC) was successfully completed last week! Key stakeholders, visionaries, and policymakers convened to explore investment opportunities in the […]
Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade Update published by UN Trade and Development (UNCTAD) on 5 December. This $1 trillion increase, reflecting 3.3% annual growth, highlights resilience in global trade despite persistent challenges. Robust growth in services trade, up 7% for the year, […]
Editorial credit: Luciavonu /shutterstock.com The economy is on track to grow by 4.3% in financial year 2024/25, registering a fourth consecutive year of GDP growth above 3% since Prime Minister Hon. Philip J. Pierre came to Office in July 2021. Following consecutive years of economic declines, from 3.4% in 2017 to 2.9% in 2018 and […]
Photo credit: Caribbean Business Report The Caribbean Development Bank (CDB), through its Office of Integrity, Compliance, and Accountability (ICA), is today hosting a free virtual “Expert Forum on Anti-Corruption in the Age of AI” in observance of International Anti-Corruption Day. The forum is bringing together global experts to discuss the opportunities and risks artificial intelligence […]
Photo credit: Caribbean Business Report The Board of Governors of the Caribbean Development Bank (CDB) announces the election of Mr. Daniel Best, a native of Barbados, as the seventh President of the institution. This decision underscores the Bank’s commitment to visionary leadership and sustainable development across the Caribbean region. Mr. Best brings a wealth of […]
C&W Communications, the operators of Flow, Flow Business, C&W Business and BTC, has reaffirmed its commitment to fostering gender equality and supporting efforts to combat gender-based violence (GBV) as it joins the global movement for the United Nations’ 16 Days of Activism Against Gender-Based Violence. Marking the world’s approach to the 30th anniversary of the […]