By Caribbean Business Report| Editorial credit: Michael Derrer Fuchs / shutterstock.com The UN Trade and Development chief calls for collaborative action from the Group of 20 to safeguard global growth and shared prosperity. G20 economic cooperation is more vital than ever in a world of low growth, soaring debt, high uncertainty, weak trade and low […]
By Caribbean Business Report The Caribbean Development Bank, in partnership with the Development Finance Corporation (DFC) and the Government of Belize, launched the Ninth Consolidated Line of Credit, amounting to USD 20 million. This initiative aims to provide affordable financing to key sectors, including Micro, Small, and Medium-sized Enterprises (MSMEs), agriculture and industrial credit, education, […]
By unctad.org | Photo credit: UNCTAD As the G20 presidency moves from Indonesia to India, Brazil, and now South Africa, the Global South has been at the forefront of shaping international trade and economic cooperation. Global South leadership is reshaping trade and economic cooperation Regional integration and South-South trade offer new pathways for development UN […]
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 […]
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 […]
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 […]
By Carribean News Report Saint Lucia will host the first-ever AI Global South Summit from October 29 to 31, 2024, an event poised to place the region at the center of conversations on the transformative potential of artificial intelligence (AI) and emerging technologies. Bringing together policymakers, industry leaders, youth, academics, researchers, and innovators from across […]
Photo credit: DPI Guyana The gold mining sector is poised for a major uptick in production as the government sets a target of one million ounces by 2030. President, Dr Mohamed Irfaan Ali detailed the massive progress being recorded in the sector as he addressed a special sitting of the 12th Parliament last Thursday. President, […]