Cayman Islands exports iguana meat to US
Jamaica Observer

ST GEORGE'S, Grenada (CMC) – The Cayman Islands has shipped more than 200 pounds of iguana meat to the United States, a move that the private sector says could help in tackling the problems posed by the invasive...

RFHL makes offer for Cayman bank
Trinidad Guardian

Republic Financial Holdings Limited (RFHL) announced yesterday that it is in discussions with Cayman National, the parent of Cayman National Bank Ltd, for potential acquisition of a majority stake—at least 51 per...

IMF projects more economic growth in 2018 and 2019
Antigua Observer

ST GEORGE’S, Grenada, July 25, CMC – The Grenada economy is projected to grow by 3.5 per cent this year as well as next year, the International Monetary Fund (IMF) said on Wednesday.

Benoit: Tobago in intensive care
Trinidad Guardian

“Tobago is in intensive care and needs help urgently,” says Chairman of the Tobago Division of T&T Chamber of Industry and Commerce Claude Benoit. He said although the Central Bank has reported a turnaround...

Antigua PM urges financial support for cash-strapped LIAT
Montserrat Reporter

By staff writer By Linda Straker ST. GEORGE’S, Grenada, CMC –The Antigua and Barbuda government Wednesday urged regional governments to provide a subvention to the cash-strapped regional airline, LIAT, so as to...

Study finds Caribbean countries still lacking in implementing blue economy initiatives
Montserrat Reporter

By staff writer ST. GEORGE’S, Grenada, Jun 1, CMC – Caribbean countries are yet to fully leverage the blue economy as a driver or growth, despite the fact that the ocean plays a significant role in the lives of...

Anguilla to receive US$5.6-m loan from CDB
Jamaica Observer

ST GEORGE'S, Grenada — The Caribbean Development Bank (CDB) says its board has approved a loan of US$5.6 million to assist the Government of Anguilla in meeting its fiscal obligations after the destruction caused by...

Calls to improve LIAT
Antigua Observer

Fresh concerns have been raised over the operations of regional carrier, LIAT and it is coming from Dr. Keith Mitchell, the director of the Board of Directors of the caribbean Development Bank. Dr. Mitchell, who was...

ANSA McAL achieves highest revenue in history of company
Trinidad Guardian

The ANSA McAL Group recorded a four per cent increase in revenue, up from from $6.001 billion in 2016 to $6.244 billion for the 2017 financial year. However, profit before tax was $986 million—less than the $1.107...

IMF says Grenada’s economy grew by nearly five per cent in 2017
Nation News

WASHINGTON – The International Monetary Fund (IMF) Monday said the Grenada economy grew by 4.5 per cent last year, driven by strong activity in construction, tourism, and education sectors. In a statement...

T&T still on tax haven blacklist
Trinidad Guardian

BRUSSELS—Two Caribbean Community (Caricom) countries are likely to be removed from the European Union list of tax havens next week, when European finance ministers meet here. The Bahamas and St Kitts-Nevis had in the...

Bermuda insurer gets stake in Beacon
Trinidad Guardian

Bermuda-based insurer’s Colonial Group International Limited has acquired a minority stake in the Beacon Insurance Company Limited. The partnership agreement, which is subject to regulatory approval by the Central...

King expects upbeat budget review
Trinidad Guardian

Economist Mary King expects an upbeat mid-year budget review to be delivered by Finance Minister Colm Imbert because of developments in the energy sector. “Oil company bpTT has more gas, the Dragon field will be...

THTI CEO: Market Tobago
Trinidad Guardian

Aggressive international marketing is needed to attract tourists to Tobago, says Stephen Sheppard, CEO of the Tobago Hotel and Tourism Institute (THTI). Speaking at a special dinner for industry stakeholders at...

Higher prices boost NGC’s profit
Trinidad Guardian

The NGC Group recorded a profit after tax of $989 million for 2017—a 37.3 per cent or $269 million increase above the profit after tax of $721 million for the previous year. Revenue increased by $2.977 billion from...

NGC signs major energy deal with Grenada’s GPG
Trinidad Guardian

The National Gas Company (NGC) has finalised a commercial agreement with the Global Petroleum Group (GPG) operating in Grenada. In a release, NGC said the agreement marks a major development in the collaboration and...

Trinidad benefits from Tobago loss
Trinidad Guardian

The problems of the seabridge between Trinidad and Tobago has led some local vacationers to explore other vacation options in other countries said Brian Frontin, CEO, Trinidad Hotel Restaurants and Tourism Association...

St Lucia to be removed from EU blacklist
Jamaica Observer

BRUSSELS, Belgium — St Lucia will join its Caribbean neighbours Barbados and Grenada in being removed from a list of tax havens drawn up by the European Union.The Reuters news agency said it had seen an EC document...

How will regional teams benefit?
Trinidad Guardian

The history of Concacaf premier competition could only be remembered by those who have been around in the early sixties when the number of affiliated countries in the Caribbean was less than what exists today. Like every...

Link-Caribbean invests in new app
Trinidad Guardian

A new mobile application called Findrpro has received US$5,000 investment via the LINK-Caribbean programme’s 5-5-5 pitch competition. In the recently held Bahamas edition of the competition, sister co-founders Yamel...

EU takes Grenada, Barbados and six others off tax haven list
Jamaica Observer

BRUSSELS, Belgium (AFP) — The EU removed eight countries including Grenada, Barbados and Panama from its new tax haven blacklist on Tuesday after they pledged to address its concerns, in a move swiftly condemned by...

Regional boxing camp to aid development
Trinidad Guardian

A comprehensive live-in boxing camp designed to take local boxers to the Olympic Games in Tokyo Japan 2020 and other international events, has been put in place and the T&T Boxing Association wants government and...

Regional boxing camp to aid development
Trinidad Guardian

WALTER ALIBEY A comprehensive live-in boxing camp designed to take local boxers to the Olympic Games in Tokyo Japan 2020 and other international events, has been put in place and the T&T Boxing Association wants...

Grenada to be removed from EU blacklist
Jamaica Observer

ST GEORGE'S, Grenada (CMC) – Prime Minister Dr Keith Mitchell says Grenada is expected to be removed from the European Union blacklist by the end of January.The decision to remove Grenada, one of 17 countries...

Red Force looks to save face
Trinidad Guardian

T&T Red Force will oppose the Windwards Hurricanes today in its ninth round CWI Digicel PCL match at the Grenada National Stadium looking to save face after its loss in the last round. National coach Kelvin Williams...

Bravo out Super50
Trinidad Guardian

West Indies and T&T left-handed batsman Darren Bravo says he never made himself available for the CWI Digicel PCL clash against the Windwards Hurricanes starting this Thursday in Grenada. The T&T Red Force team...

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