British companies looking to Jamaica but have concerns

KINGSTON, Jamaica, Observer - BRITISH High Commissioner to Jamaica David Fitton has indicated that there is some level of interest from companies in Britain that want to set up shop in Jamaica, but says this will depend on a number of factors, including concerns about security. Speaking with the Jam...
Read More

Warning for Caribbean countries

WASHINGTON, CMC – Caribbean countries have been warned that while increased financial integration has facilitated the flow of funds and allowed regional countries to overcome scale constraints, the increased interconnectedness has also built systemic risks and increased the likelihood of conta...
Read More

CARIFORUM Platform to be Strengthened, says New DG

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana)    Mr. Percival Marie, a national of the Commonwealth of Dominica, assumes office on August 1 as Director-General of the Caribbean Forum of African, Caribbean and Pacific (ACP) States (CARIFORUM) Directorate in the Caribbean ...
Read More

T&T and Venezuela hold energy talks

PORT OF SPAIN, Trinidad - The Second Meeting of the Joint Steering Committee (JSC) for the Unitisation of Cross Border Hydrocarbon Reservoirs between T&T and Venezuela was held at the offices of the Ministry of Energy and Energy Affairs in Port of Spain on July 23 and 24. The meeting involved de...
Read More

International trends consultant to address tourism conference

NEW YORK, CMC – International trends consultant, Daniel Levine, will deliver the keynote address at the Caribbean Tourism Organisation’s (CTO) major State of the Industry Conference in Martinique from October 15-18. Levine is scheduled to deliver the “ultimate lessons on perfect vi...
Read More

Slavery compensation: Caribbean nations propose Mau Mau model

Leaders of more than a dozen Caribbean countries are launching a united effort to seek compensation from three European nations for what they say is the lingering legacy of the Atlantic slave trade. The Caribbean Community, a regional organisation, has taken up the cause of compensation for slavery ...
Read More

World Bank backs Caribbean’s steady poverty reduction

WASHINGTON, CMC – The World Bank has committed US$11.8 billion in the 2013 fiscal year to support Latin America and the Caribbean resilience in the midst of global turmoil. The Washington-based financial institution said this includes resources from its International Bank for Reconstruction a...
Read More

ECLAC predicts 2% growth in 2013

SANTIAGO, Chile, CMC – The United Nation’s Economic Commission for Latin America and the Caribbean (ECLAC) says the Caribbean is expected to maintain “the slow upward trend in growth observed in previous years” to reach 2.0 percent in 2013. In its Economic Survey of Latin Am...
Read More