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CATEGORY

Economics

Barbados – Another Licensing Bid Round For Offshore Blocks Coming

From left to right – Deputy Permanent Secretary, Ministry of Energy and Business, Debra Dowridge; Consultant with the Commonwealth Secretariat, Dr. Bede Nwete; Legal Advisor...

Jamaica introduces JAM-DEX Central Bank Digital Currency

On June 10, Senator Kamina Johnson Smith, Jamaica’s Minister of Foreign Affairs and Foreign Trade piloted the Bank of Jamaica (Amendment) Act, 2022 in...

Caribbean Encouraged To Tap Into IMF’s Resilience And Sustainability Trust

International Monetary Fund (IMF) Caribbean Member Countries are being encouraged to lead take-up of the institution’s multibillion-dollar Resilience and Sustainability Trust (RST). The RST is...

Jamaica – BOJ To Commence Rollout Of Digital Currency End Of June

The Bank of Jamaica (BOJ) is looking to commence national rollout of the Central Bank Digital Currency (CBDC) – JAM-DEX – at the end...

Trust Fund Steering Committee on working visit to St. Maarten

PHILIPSBURG--The St. Maarten Trust Fund Steering Committee members are currently in St. Maarten for a working visit.   Prime Minister Silveria Jacobs extended a warm...

Jamaica – PM Says Country Being Positioned As Global Logistics Hub

Jamaica is being strategically positioned as a globally competitive logistics hub, and an efficient investment destination, says Prime Minister, the Most Hon. Andrew Holness. According...

Apple dives deeper into autos with software for car dashboard

Apple Inc (AAPL.O) on Monday announced it would more deeply integrate its software into the core driving systems of cars, while the iPhone maker rolled out...

Jamaica – Senate Approves Central Bank Digital Currency

The Bank of Jamaica (BOJ) has been given the authority to issue Central Bank Digital Currency (CBDC) as legal tender locally, with the Senate’s...

St. Maarten – CBCS: Businesses not required to use official exchange rates

PHILIPSBURG--When it comes to the official currency of the country – the Netherlands Antillean guilder, businesses in St. Maarten do not necessarily have to...

Microsoft warns of forex hit, cuts forecast

Microsoft Corp (MSFT.O) on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit from a...

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