Caribbean Business Reports

Investment

Barita Investments acquires 20 per cent stake in Derrimon Trading

Barita Investments Limited (BIL), which acted as a lead broker in Derrimon Trading Company Limited’s...

Feb 26 | BY Josimar Scott

Economy

Caribbean will return to economic growth in 2021 — CDB

The Caribbean Development Bank (CDB) is projecting an average gross domestic product (GDP) growth of...

Feb 26 | BY

Markets

Supreme Ventures makes $2.4 billion in COVID year

Supreme Ventures Limited reported net profit of $2.42 billion for the year ended December 31,...

Feb 26 | BY

Real Estate

KPREIT shareholders approve APO offer

Kingston Properties Limited (KPREIT) has advised that at its extraordinary general meeting on February 23,...

Feb 26 | BY

Money

Plans advanced to develop central bank digital currency — Bank of Jamaica

Bank of Jamaica (BOJ) Governor Richard Byles says plans are advanced to develop and implement the...

Feb 25 | BY

Money

Republic Bank (Grenada) completes first DCash transaction

Republic Bank today announced in a release that it has successfully tested its first Digital...

Feb 25 | BY Josimar Scott

Economy

Barbados looks to blue economy as economic driver

A Ministry of Maritime Affairs and the Blue Economy-commissioned study in Barbados has recommended that...

Feb 25 | BY Josimar Scott

Trade

US ambassador says Guyana-US business relations stronger than ever

United States (US) Ambassador to Guyana Sarah-Ann Lynch, during a courtesy call on Chief Executive...

Feb 25 | BY Josimar Scott

Politics

St Vincent PM criticizes EU blacklisting of Dominica amid COVID-19 pandemic

 Outgoing Caribbean Community (Caricom) Chairman Dr Ralph Gonsalves on Wednesday called on regional leaders to...

Feb 25 | BY

Politics

French minister says EU may grant limited equivalence to UK

A French minister close to President Emmanuel Macron says he thinks the European Union may...

Feb 25 | BY

Retail

Cigarette seller Carreras sells JM$4 billion in smokes in Q3

Jamaican cigarette distributor Carreras Limited recorded a 10 per cent growth in revenues for the...

Feb 25 | BY

Entrepreneurship

Entrepreneurship the best decision, says Javette Nixon as Point Global celebrates 10 years

In 2012, Javette Nixon walked away from his full-time job in corporate Jamaica to focus...

Feb 24 | BY

Finance

VM Wealth offers free advisory service for SMEs to retool in pandemic

Victoria Mutual Wealth Management Limited (VM Wealth) is offering advisory services to small and medium-sized...

Feb 24 | BY Josimar Scott

Economy

Prospects for Jamaica’s economy still uncertain — Bank of Jamaica

The Bank of Jamaica (BOJ) has indicated the prospects for the Jamaican economy continue to...

Feb 24 | BY

Banking

Scotiabank reports 2.4-b in earnings as int’l banking increased 47 per cent

Scotiabank a global bank in the Americas, reported first quarter earnings of Ca$2.4 billion and diluted...

Feb 24 | BY

Technology

Caribshopper taking the T&T market by storm

Still in its infancy, Jamaica-based online marketing company Caribshopper has taken the Trinidad and Tobago...

Feb 24 | BY

Banking

RBC working with Eastern Caribbean banks to close sale deal

Royal Bank of Canada (RBC) has indicated that it is working with the “consortium of...

Feb 24 | BY Josimar Scott

Money

Mastercard, Island Pay launch first digital currency prepaid card

Mastercard and Island Pay have partnered to give users an additional option to use The...

Feb 23 | BY

Economy

Jamaica’s economy declines 9.4% during Oct to Dec quarter — PIOJ

The Planning Institute of Jamaica (PIOJ) says the economy declined by 9.4 per cent during...

Feb 23 | BY Kellaray Miles

Finance

Ja’s SSL Venture Capital to wind up sole operating segment due to COVID-19

The management of SSL Venture Capital Group Limited  has indicated that, following a strategic review...

Feb 23 | BY