Home Tag "Caribbean Community Market"

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

International rating agency Standard Poor’s (S&P) this week downgraded Barbados for the second time in six months, lowering its long-term local currency rating from CCC+ to CCC. In giving the rating a negative outlook, S&P said this reflected the potential for a downgrade over the next 12 months should the Government fail to advance measures […]

T&T Can Earn Much-Needed Foreign Exchange Selling More Natural Gas To Europe – Biesebroek

Barbadians Warned To Brace For More Hardships – Dukharan

The Chief Economist for Bitt Inc, Marla Dukharan, is warning Barbadians to brace for more hardships, given the likelihood that the Government will miss its fiscal targets and that the island’s overall economic performance will be weaker than expected this year. She issued the grim assessment in response to the latest country risk report prepared […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Compliance And Enforcement Critical To Protecting International Trading Relationships And Securing Ready Markets For Exports – Spence

Chief Technical Director in Jamaica’s Ministry of Industry, Commerce Agriculture and Fisheries, Dermon Spence, has indicated that the expansion of trade is part of Government’s strategic objectives for the sector. The Ministry’s strategic mission involves several activities that are critical to supporting the quality of produce to ensure that we consistently meet the standards that […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Trinidad And Tobago Needs To Learn From The Jamaican Experience And Make The Hard Decisions Needed For Economic Transformation – Duncan

Wednesday, September 13th, 2017, Port of Spain, Trinidad… JMMB Group CEO and Co Chairman of Jamaica’s Economic Program Oversight Committee (EPOC), Mr Keith P. Duncan urged Trinidad and Tobago to learn from the Jamaican experience and make the hard decisions needed for economic transformation. Speaking at an arm chair discussion hosted by JMMB Group, in […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Dominican Republic Looking To Revitalise Exports and Investments with Jamaica and Other Countries in the English-Speaking Caribbean – Nicolas

Fernando Gonzales Nicolás president of the Roundtable of Commonwealth in the Dominican Republic has announced that his country is looking at ways to revitalise exports and investments with Jamaica and other countries in the English-speaking Caribbean. According to the president, the English-speaking Caribbean consumes around US$30 billion in imported products and services yearly, of which […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

T&T Economy Continues to Taste the Medicine That Fiscal Reform Must Require In The Face Of Reduced Revenues – Lashley

Ingrid Lashley Chairman of National Enterprises Limited in her 2017 outlook to shareholders is reporting that in general, economic conditions are likely to remain challenging in 2017 as the economy continues to taste the medicine that fiscal reform must require in the face of reduced revenues. Notwithstanding this, preparatory work to facilitate new fields by […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Caribbean Will Grow By 1.2 Per Cent, Following -0.8 Per Cent Contraction In 2016 – ECLAC

The Economic Commission for Latin America and the Caribbean has predicted that the economies of the English and Dutch speaking Caribbean will grow by 1.2 per cent, following -0.8 per cent contraction in 2016. In releasing its “Economic Survey of Latin America and the Caribbean 2017” in Chile on Thursday, ECLAC said the countries of […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Caribbean Leaders, Make It Easier For The Private Sector To Invest And Do Business – Ram

Director of Economics at the Caribbean Development Bank, Dr Justin Ram, has called on regional leaders to make it easier for the private sector to invest and do business, warning that unless governments put the necessary policies in place to improve the business environment regional countries would continue to lose out on significant investments. Barbados […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

JMMB Group Posting 2017 Net Profits of J$3.35 Billion On Operating Revenues J$14.6 Billion A 28.2% Increase Over 2016 – Duncan

The JMMB Group has released its Annual Report for the year ended March 31, 2017 posting a net profit of J$3.35 billion and an operating revenue of J$14.6 billion,  an increase of 28.2% over the prior year. The Group also posted earnings per share of J$2.03, highlighting the benefits of a diversified business that is […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Barbados Reporting 17 Per Cent Increase In Visitor Arrivals From The United States – Sealy

Barbados Minister of Tourism Richard Sealy is reporting that the island recorded a 17 per cent increase in visitor arrivals from the United States market for the year so far compared to the same period last year, which he attributed to the partnership the island has with low-cost US-based carrier JetBlue. The Canadian and Caribbean […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months