Caribbean Export Development Agency (Caribbean Export) and DHL, a global leader in logistics, have signed a Memorandum of Understanding (MOU) to formalize a strategic partnership aimed at enhancing the capabilities of micro, small, and medium enterprises (MSMEs) in the Caribbean. The MOU establishes a framework for collaboration between the two organizations in areas such as e-commerce, logistics., and professional development, supporting MSMEs’ growth in the global marketplace.
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BRIDGETOWN, Barbados – The newly established medicinal cannabis industry is facing a banking hurdle, with local commercial banks refusing to allow accounts for businesses in the sector, says Acting Chief Executive Officer of the Barbados Medicinal Cannabis Licensing Authority (BMCLA) Shanika Roberts-Odle.
GEORGETOWN, Guyana – The Georgetown Chamber of Commerce and Industry (GCCI) Friday said it is collaborating with the Jamaica Stock Exchange (JSE) regarding the development of a Junior Stock Exchange in Guyana.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago Manufacturers’ Association (TTMA) is warning consumers to be prepared for at least a one-month delay in retrieving goods from the Port of Port-of-Spain following industrial action by workers there.
GEORGETOWN, Guyana – The Guyana government says the country is on track to achieve self-sufficiency in its livestock feed production by 2025.
HAMILTON, Bermuda - An Insurance-Linked Securities (ILS) expert is predicting that Hurricane Milton, which caused widespread damage as it made its way through Miami on Thursday night, will change the strategic future of the property catastrophe market.
BRIDGETOWN, Barbados – The World Bank Wednesday said that economic growth in the Caribbean this year will be 1.9 per cent increasing to a “modest recovery” of 2.6 per cent” in 2025.
PORT OF SPAIN, Trinidad - The Trinidad Petroleum Holdings Limited (TPHL) Tuesday said that it is in the process of determining whether or not any offence had been committed after Energy Minister Stuart Young said that a false document had been submitted by a local company in its bid to acquire the state-owned oil refinery.
UNITED NATIONS – Over the decades, representatives of Small Island Developing States (SIDS) have come to the United Nations General Assembly to state the case for fairer treatment of their developmental needs and challenges by the international community, but Caribbean Community (CARICOM) countries made their feelings strongly known, during the just-concluded 79th Session of the UN General Assembly Debate, that SIDS continue to be “severely disadvantaged by an unfair global financial system.”
CASTRIES, St. Lucia – The new minimum livable wage came into effect on Tuesday, with Prime Minister Phillip J Pierre urging members of the business community ”to give their best in the exercise of their work duties.
NEW YORK, New York – Haiti has become the 12th Caribbean Community (CARICOM) member state to accede to the partnership agreement between CARICOM countries and African Export-Import Bank (Afreximbank).
SANTIAGO, Chile – Caribbean Community (CARICOM) countries will be represented at the biennial meeting of the Economic Commission for Latin America and the Caribbean (ECLAC) that takes place early next month in Peru.
KINGSTON, Jamaica – The Financial Services Commission (FSC), says the embattled Stocks and Securities Limited (SSL) will pay out an estimated US$30 million to its clients who have been waiting more than one year to collect on their investments.