Business refers to the practice of making one’s living by engaging in commerce, typically involving the production, buying, and selling of goods and services. It encompasses all activities and institutions that facilitate these transactions, aiming to generate profit.
The Organization of Eastern Caribbean States (OECS) Commission has announced that Grenada will host the third edition of the Caribbean NDC Investment Forum & Marketplace from March 31 to April 2. The event, organized in collaboration with regional and international partners, aims to accelerate financing for climate action and resilience-building across the Caribbean. Under the…
St. John’s, Antigua and Barbuda — The government of Antigua and Barbuda broke ground Monday on a $40 million cruise port expansion, a transformative project poised to redefine the nation’s tourism landscape and cement its status as a premier Caribbean destination. The ambitious Upland Development Project, spearheaded by Global Ports Holding (GPH), promises to deliver…
The Federation of St. Kitts and Nevis has secured a $20 million concessional loan from the Saudi Fund for Development (SFD), marking a pivotal step in its ambitious push to harness geothermal energy and transition from fossil fuels. Prime Minister Dr. Terrance Drew and Premier Mark Brantley announced the funding this week, framing it as…
The government of Antigua and Barbuda has announced a sweeping digital transformation initiative aimed at modernizing its tourism infrastructure, with plans to replace paper-based immigration forms with an electronic arrival system. The move, designed to enhance efficiency and sustainability, underscores the twin-island nation’s push to solidify its status as a leading Caribbean travel destination. E-Arrival…
BELIZE CITY, BELIZE — 2/6/2025 Belize has unveiled a landmark $58.4 million initiative, backed by the World Bank and the Canadian government, to modernize its aging energy infrastructure and transition toward renewable power in a bid to stabilize costs, bolster climate resilience, and reduce dependence on imported electricity. A Grid Under Strain The project addresses…
NASSAU, Bahamas — The Bahamian government signed a landmark $100 million agreement with the Inter-American Development Bank (IDB) on Monday to overhaul the nation’s aging water and sanitation infrastructure, a critical step toward addressing chronic service gaps and climate resilience in the archipelago. The deal, formalized during the IDB’s XIII Annual Consultation with Caribbean Governors…
Jamaica has resumed fuel exports to its Caribbean neighbor, Trinidad and Tobago, marking a significant step in the country’s efforts to expand its energy exports and boost foreign exchange earnings. The deal, secured by the state-owned oil refinery Petrojam Limited through the Ministry of Energy, is valued at approximately US$90 million for 2024. The first…
In a significant move for the region’s growing startup ecosystem, the Caribbean Venture Capital Fund (“CVCF”) has announced that it has secured approval from its investment committee to acquire a stake in Doorstep Jamaica Limited (“Doorstep”). The decision marks a pivotal step in CVCF’s mission to support innovative businesses and drive economic growth across the…
