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CATEGORY

Economics

CBCS says Caribbean Guilder to be introduced in 2025 and not 2024

The Central Bank of Curaçao and Sint Maarten (CBCS) has apologised for the confusion it has caused regarding the Caribbean Guilder’s introduction. CBCS said the...

Guyana moving to quickly monetise natural gas resources

The Guyana government has announced plans to quickly monetise the country’s natural gas resources and would soon be requesting proposals in that regard. “In another...

Curaçao & St Maarten to welcome new currency in 2024

A new joint currency will be launched this year for the Dutch Caribbean islands of Curaçao and St Maarten more than a decade after...

Jamaica | Development Bank of Jamaica Re-Opens Innovation Grant Application Window

The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE), is pleased to announce that the Application Window for...

SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion at no additional cost, driving the Japanese conglomerate's shares up...

Bahamas | Sand Dollars in circulation increase to $1.46 million

The volume of the Sand Dollar digital currency in circulation increased to $1.46 million as of November, representing an approximately 40 percent increase over...

FTX Trading Ltd reaches global settlement agreement with Bahamian liquidators

NASSAU, BAHAMAS — FTX Trading Ltd has announced that it has successfully reached a settlement with the official liquidators overseeing the bankruptcy proceedings of...

Eastern Caribbean Central Bank revokes licence of Nevis based bank

The Eastern Caribbean Central Bank (ECCB) says it has revoked the licence of BON Bank Ltd to carry on banking business effective, December 15,...

IBM to buy Software AG’s enterprise integration platforms for $2.3 bln

IBM (IBM.N) said on Monday that it would buy Software AG's (SOWGn.DE) enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid...

Antigua & Barbuda’s economy surges with 8.1% growth forecast in 2023

The Eastern Caribbean Central Bank projects an 8.1 percent growth in Antigua and Barbuda's economy by the close of 2023, as per data available...

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