Resurrected Tax Break Will Help Landlords Comply with Building Emissions Law, Officials Say

Resurrected Tax Break Will Help Landlords Comply with Building Emissions Law, Officials Say

By Mariana Simões, CITY LIMITS A new version of the heavily criticized expired J-51 property tax incentive is back. Advocates argue it will encourage landlords to renovate apartments and will help them afford the upgrades needed to comply with the building emissions law, Local Law 97. The boiler room at a co-op building in Queens. Officials […]

OECS/ Finland Focus on Boosting Food Production

OECS/ Finland Focus on Boosting Food Production

By Caribbean News Report  On December 3, 2024, Ambassador Perti Ikonen of Finland visited the Organisation of Eastern Caribbean States (OECS) Commission for an important meeting aimed at fostering deeper collaboration between Finland and the OECS region. The Ambassador was welcomed by key members of the OECS Commission.    In his opening remarks, Ambassador Ikonen […]

Eastern Caribbean Invest Blue 2024: Charting a Course for Caribbean Prosperity

Eastern Caribbean Invest Blue 2024: Charting a Course for Caribbean Prosperity

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 to Reach New High: Opportunities & Challenges

Global Trade to Reach New High: Opportunities & Challenges

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, […]

Caribbean Development Bank Appoints Daniel Best as its Seventh President

Caribbean Development Bank Appoints Daniel Best as its Seventh President

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 […]