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…
October 1, 2024
Xi Jinping is worried about the economy
China’s sputtering economy has its worried leaders pulling out all the stops.They have unveiled stimulus measures, offered rare cash handouts, held a surprise meeting to kickstart growth and tried to shake up an ailing property market with a raft of…
September 18, 2024
BAHAMAS Government to sign new agreement for 400 room hotel
The Bahamas government says it expects to sign on Tuesday, a heads of agreement with Baha Mar for the construction of a new 400-room hotel in the country. Baha Mar, which is located in the Cable Beach area of New Providence, opened the Grand Hyatt…
September 17, 2024
Dominica signs multi-million dollar loan for improving the capital
Dominica has signed a US$41 million loan agreement with the Saudi Fund for Development (SFD) for a project aimed at enhancing the capital, Roseau, and which the government said will play a major role in the future socio-economic development of the…
August 28, 2024
Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead
NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount’s special…
July 23, 2024
CrowdStrike shares hit again as IT disruption continues
Shares in cybersecurity firm CrowdStrike have plunged more than 13% as the company reckons with the aftermath of causing a global IT outage. Chief security officer Shawn Henry said the incident had been a "gut punch" for the firm, which had…