St Kitts and Nevis has been recognized as the best CBI destination in the 2023 edition of the CBI Index, trumping 11 other countries with active citizenship by investment (CBI) programs. The country, which has made several sweeping changes to its CBI Program in the last year, took top honors, scoring 77 points in a […]
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Ministry of Electronics and Information Technology of India and the Ministry of Information, Communications Technologies, Utilities and Energy of the Antigua and Barbuda. The MoU intends to promote closer cooperation and exchange of experiences […]
The Caribbean Development Bank (CDB) recently trained 174 persons directly engaged with Micro, Small and Medium-sized Enterprises, (MSMEs) across the region, to assist with much-needed capacity development within the sector. Through the Caribbean Technological Consultancy Services (CTCS), the Bank’s flagship MSME capacity building program, the skills of business development officers and business development specialists from […]
The e-mobility awareness and capacity in some of the region’s academic and technical institutions recently received a boost following a recent electric vehicle (EV) study tour to Canada. The exercise was funded by the Caribbean Development Bank (CBD) and the Canadian Support to the Energy Sector in the Caribbean Fund. The objectives of the tour […]
On September 13, 2023, the United States Agency for International Development (USAID), in partnership with the International Development Group LLC (IDG), hosted a workshop to discuss proposed support activities for Saint Lucia over the next year under USAID’s Caribbean Business Enabling Environment Reform (CBEE-R) activity. The CBEE-R activity has prioritized two activity result areas for […]
The Saint Lucia Tourism Authority is expecting a substantial increase in air service offerings from the US market during the upcoming Winter and Spring of 2024. Delta Airlines will introduce a second Saturday flight departing from Atlanta. Commencing in January and continuing through April 2024, this additional flight will further enrich the travel options available […]
Editorial credit: ATGImages / Shutterstock.com Good day and many thanks for your interest in this week’s Caribbean Business Report. The Caribbean Premier League is getting into the playoffs stage with the Jamaica Tallawahs finding their way into the mix courtesy the Saint Lucia Kings. The loss by the Kings was a disappointment on the cusp […]
Now is the time for a global plan to rescue the Sustainable Development Goals (SDGs) which are woefully off-track halfway towards their 2030 deadline, UN Secretary-General António Guterres said on Monday in New York. Mr. Guterres was speaking at the opening of a high-level forum at UN Headquarters where world leaders adopted a political declaration to accelerate action to achieve the […]
View the speech here. NEW YORK (September 16, 2023) – On the occasion of the inaugural USA-Caribbean Investment Forum at the New York Marriott Marquis, Kenneth Bryan, Chairman of the Caribbean Tourism Organization and Minister of Tourism of Cayman Islands spoke of the immense investment potential of the Caribbean region that beckons investors worldwide. Representing […]
Good afternoon, President Irfaan Ali of Guyana told the Atlantic Council today: “We cannot achieve net zero if we’re arguing against each other (…) Any conversation on this matter that locks out the producers of oil, or investors in gas, is not a balanced conversation.” On the upcoming COP28 in Dubai, he argued: “We are going into COP28 with so many unresolved […]