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…
October 30, 2024
Grenada welcomes new service by Haitian-based airline
The Grenada Tourism Authority (GTA) Monday welcomed the decision of the Haitian-based Sunrise Airways to begin serving the island, saying that the new intra-Caribbean flight service creates unprecedented north-to-south access across the Caribbean.…
October 28, 2024
Caribbean countries lose almost three per cent of GDP annually
The Director of the Western Hemisphere Department (WHD) of the International Monetary Fund (IMF), Rodrigo Valdes, says countries in the Caribbean lose 2.5 per cent of gross domestic product (GDP) in capital annually on average. “It does not happen…
October 17, 2024
GRENADA Government postpones budget presentation to early next year
The Grenada government Wednesday announced that it would not be presenting the 2025 national budget this year, but would do so in either January or February next year. Prime Minister Dickon Mitchell, speaking at a news conference, where he also…
October 16, 2024
OECS countries to host forum on Caribbean Blue Economy
The Organisation of Eastern Caribbean States (OECS) says investors seeking to diversify their portfolios into sustainable sectors should seek to attend the Eastern Caribbean Blue Economy Virtual Investment Forum to be held next month. The November…
October 15, 2024
FORTIS TCI BEGINS CONSULTATION ON DRAFT RENEWABLE ENERGY AND RESOURCE PLANNING BILL
FortisTCI has conducted a comprehensive review of the provisions outlined in the draft 2023 Renewable Energy and Resource Planning Bill and a formal consultation process has commenced with the Turks and Caicos Islands Government (TCIG) and the…