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CATEGORY

Economics

SK Hynix to invest $15 billion in new semiconductor facilities in South Korea

 South Korea's SK Hynix said on Wednesday that it plans to invest 21.6 trillion won ($15.07 billion) to build new chip production lines in the...

Garmin forecasts upbeat annual results on strong wearables demand

Navigation device maker Garmin forecast annual revenue and profit above Wall Street estimates on Wednesday driven by strong demand for high-end wearables and fitness...

Dominican economy grows 2.1% in 2025, says Central Bank

The Central Bank of the Dominican Republic (BCRD) reported that the country’s economy recorded accumulated growth of 2.1% in 2025, according to the Monthly Indicator...

Jamaica | Inflows from US$6.7 Billion in Development Financing Will Be Channeled Through NARRA

Prime Minister, Dr. the Most Hon. Andrew Holness, has informed that inflows from the US$6.7 billion in development financing, designed to support Jamaica’s recovery...

Bahamas | PM: VAT cut made despite IMF recommendation, taken when fiscally prudent

Prime Minister Philip Davis on Wednesday said his administration reduced Value Added Tax despite recommendations from the International Monetary Fund (IMF), insisting the decision...

Cathie Wood’s 2026 Outlook: The US Economy Is A Coiled Spring

In her New Year letter to investors, Cathie Wood, CEO and CIO of ARK Invest, outlines a profound structural transformation in the U.S. and...

IMF raises Bahamas’ growth, calls for income tax, 15% VAT

The International Monetary Fund (IMF) has further boosted The Bahamas’ 2025 economic growth prospects to just shy of 3 percent while “regurgitating” its now-annual...

IMF projects 2026 economic acceleration for the Dominican Republic

 The International Monetary Fund (IMF) concluded its 2025 Article IV consultation and reported that the Dominican Republic continues to show strong economic fundamentals, manageable...

Jamaica | BOJ, banks racing to restore services in hurricane-hit areas

The Bank of Jamaica (BOJ) and the Jamaica Bankers Association (JBA) are working urgently to restore banking services, including access to cash, in communities...

Dominican Republic | Citi rolls out GenAI tools to boost efficiency and agility in banking

Citi is aggressively accelerating its push into the digital era, having internally launched four new Generative Artificial Intelligence (GenAI) tools designed to automate tasks...

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