February 3, 2025
Mexico, Canada respond to Trump’s tariffs: ‘Difficult times’ are ahead
White House officials announced that President Donald Trump has imposed 25% tariffs on Mexico and Canada and 10% tariffs on goods from China. Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum both responded Saturday…
January 30, 2025
CAF to host Latin American and Caribbean Economic Forum
The development bank of Latin America and the Caribbean (CAF) will host a two-day forum bringing together global and regional leaders to discuss and formulate strategies to promote sustainable economic growth and the well-being of people from Latin…
December 24, 2024
T&T Government urges people to take advantage of tax amnesty
The Trinidad and Tobago government is urging people to take advantage of the tax amnesty which provides a waiver on the penalties for the duration of October to the end of this month. In a statement, the Ministry of Finance said that the tax amnesty…
December 21, 2024
CDB approves multi-million US$ loan to build geothermal energy plant
The Barbados based Caribbean Development Bank has approved a loan of US$ 34.8 million loan to the Geothermal Power Company of Dominica (GPC) to fund the construction of a 10-megawatt (MW) geothermal power plant. The project is designed to strengthen…
December 8, 2024
Government to issue bond to raise funds to pay former LIAT workers
Prime Minister Gaston Browne says Antigua and Barbuda will be issuing a bond to cover the estimated EC$16.7 million (One EC dollar=US$0.37 cents) in severance payments to former employees of the bankrupt LIAT 1974 limited. “Our government is…
November 22, 2024
Jamaica pleased with performance of tourism sector
Jamaica has welcomed over one million cruise passengers this year, contributing more than US$200 million to the local economy. “Jamaica’s cruise activities have stood [their] ground,” said Tourism Minister, Edmund Bartlett noting the economic…
November 22, 2024
TNT Government defends extending waiver on tax amnesty
Finance Minister Colm Imbert Monday night said he was calling the “bluff” of opposition legislators as Parliament gave the green light for a waiver until December 31 this year for penalties and interest on sums owed under the Registration of Clubs…
November 13, 2024
SENIOR CITIZENS FINANCIAL ASSISTANCE PROGRAMME LAUNCHED
The Financial Assistance Programme has approved over $1.292 million in payments to 342 persons over the age of 70 years. The Government is pleased to report that this intervention will ensure that the aged of the Turks and Caicos Islands, have a…
November 8, 2024
Trinidad and Tobago government seeks removal from the European Union tax blacklist.
Finance Minister Colm Imbert arrived in Paris on Wednesday as the Trinidad and Tobago government moves to have the country removed from the European Union tax blacklist. Imbert told a virtual news conference that he will be signing the Multilateral…
November 3, 2024
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels, according to The…