July 29, 2015
World economy fragile, faces downside risks
International Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and "faces some downside risks." In an online press conference, Lagarde describes the United States "a strong performer" and China "resilient"…
July 21, 2015
TCIG TEAMS VISITS TURKEY ON TRADE & INVESTMENT MIS
The Minister of Finance, Investment and Trade, Hon. C. Washington Misick recently returned from a three day trade and Investment mission to Istanbul, Turkey. He was accompanied by the CEO of Turks and Caicos Airport Authority (TCIAA) Mr. John Smith,…
July 21, 2015
CDB invites vulnerable communities to apply for grants from Community Disaster Risk Reduction Fund (CDRRF)
The Caribbean Development Bank (CDB) has joined forces with the Department of Foreign Affairs, Trade and Development of Canada and the Department for International Development of the United Kingdom to strengthen the sustainable development agenda of…
July 17, 2015
CDB Approves USD2.37 Million in Grant Assistance for Haiti Catastrophe Risk Insurance
July 17, 2015, BRIDGETOWN, Barbados – The Board of Directors of the Caribbean Development Bank (CDB) approved, today, grant assistance of USD2,377,250 to the Government of Haiti to meet the country’s insurance premium for coverage being provided by…
July 17, 2015
Alisa Folkes Becomes first TCI Citizen to receive CHTA Scholarship
PROVIDENCIALES, Turks & Caicos Islands; Wednesday, June 17, 2015- Earlier this year Turks and Caicos students and industry professionals pursuing higher education or professional development in the tourism and hospitality field were given the…
July 8, 2015
New York Stock Exchange suspends trade after glitch
The New York Stock Exchange (NYSE) has suspended trading on all shares for technical reasons, but says there is no cyber attack. The NYSE said it would provide more details as soon as possible. All open orders would be cancelled, according to…
July 7, 2015
‘No new plan’ before summit as Greece debt crisis looms
Eurozone finance ministers say Greece has submitted no new proposals to secure a deal with its international creditors at a meeting in Brussels. They had urged Greece to submit fresh plans after its people rejected a draft bailout in a referendum.…
July 7, 2015
Ministry of Finance host workshops in Grand Turk & Providenciales
The Ministry of Finance, Investment and Trade held a public workshop on Thursday, 2nd July, 2015 at the HJ Robinson High School at 5:00 pm and on Providenciales Friday, 3rd July, 2015 at the at 5:00 pm. These workshops introduced the Caribbean…
July 7, 2015
TURKS AND CAICOS MAINTAINS SOVEREIGN BBB+ RATING
Global ratings agency Standard & Poor’s (S&P) has maintained its BBB+ rating with a stable outlook for the Turks and Caicos Islands (TCI) it announced Tuesday, 30th June 2015. This strong grading follows TCI’s first sovereign rating in…
July 5, 2015
Greek Vote on Austerity Measures Is a Tossup
It remains unclear whether Greeks will vote for more economic austerity to get crucial European bailout funds or reject EU demands and risk being thrown out of the eurozone. Surveys going into Sunday's referendum showed the vote was too close to…