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CATEGORY

Economics

US to invest more than $5 billion in semiconductor R&D

The Biden administration expects to invest more than $5 billion from the CHIPS and Science Act in semiconductor-related research and development, including in the...

HSBC partners with Google to hit $1 bln climate tech finance goal

Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising solutions to global climate...

Jamaica | Big Businesses Urged to Support MSME Sector – Ministry of Industry

Large Jamaican companies are being implored to do all they can to support local micro, small and medium-sized enterprises (MSMEs). Minister of Industry, Investment and...

Jamaica’s export earnings up 22% over nine months in 2023

The Statistical Institute of Jamaica (STATIN) is reporting that Jamaica’s export earnings rose 22 per cent from January to September 2023 to US$1,552.6 million, up...

Eaton sees 2024 profit above estimates on strong equipment demand for data centers

Eaton forecast full-year profit above Wall Street estimates after beating quarterly profit and revenue expectations on Thursday, as higher investments in data centers boosted demand...

Bahamas | Central Bank projects the Bahamian economy to grow in the low two percent range in 2024

The Central Bank predicts The Bahamas’ economic growth to be in the low two percent range, still moderately above the estimate of the economy’s...

IDB Lab Invests in Jamaican Hub to Drive Health Innovation in the Caribbean

IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, will invest US$750,000 to support the Jamaican company Novamed to build Catalyst,...

World Bank supports clean energy generation in Dominica

A $38.5 million project designed to support the Commonwealth of Dominica in developing and integrating clean, sustainable and low-cost energy has been approved by...

US to announce billions in subsidies for advanced chips -WSJ

President Joe Biden's administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor...

Bahamas | Central Bank Governor affirms positive impact of fixed exchange rate policy on price stability

The Bahamas’ fixed exchange rate policy, pegging the Bahamian dollar one-to-one with the US dollar, has been pivotal in fostering positive outcomes in price...

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