Business

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Antigua minister says no re-engagement with IMF

Finance, Economy and Public Administration Minister Harold Lovell made it clear that the Baldwin Spencer government does not have any intention of re-engaging the financial institution.
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Jamaica trade deficit narrows but not 'out of the woods' - Hylton

Industry Investment and Commerce Minister Anthony Hylton said that an export-led growth strategy, focused on diversification, is the only option for Jamaica....
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Bermuda 'summoned' to London tax evasion summit

Bermuda rejects the notion that it is a tax haven and sources here said that Finance Minister Bob Richards is likely to be among senior ministers from Bermuda who will attend the summit....
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Trinidad and Tobago bankers dismiss money laundering media reports

The Canadian Montreal Gazette in an article on May 30 quoted Canadian money-laundering specialist Garry Clement, a director with the Royal Canadian Mounted Police as saying that Panama and Trinidad and Tobago were known money laundering havens....
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Dominica seeks US$50 million for infrastructure projects

The government said it is seeking at least US$50 million for the projects and Skerrit said the island had developed a reputation for a being a model country in its quick responses to natural disasters....
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Fly Jamaica gets green light to operate two Guyana routes

Government spokesman Dr Roger Luncheon told a news conference that Cabinet gave the approval on Tuesday and that the airline would service the Guyana - New York route and the Georgetown -Toronto routes....
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Antigua successfully completes IMF Stand By Agreement

The IMF said that much of the adjustment under the programme has come from cuts in public spending and investment, while tax revenue targets for 2013 have been met largely through one-off payments of back taxes....
Full story
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Canadian bank indicates commitment to comply with IRS request

The IRS filed a “John Doe” summons requesting information on an unknown number of unnamed people against US taxpayers with offshore accounts at the Barbados-based FirstCaribbean International Bank....
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Jamaica aims to improve technology sector against cyber attacks

The Portia Simpson-Miller government has entered into an agreement with the International Telecommunications Union (ITU) to provide technical assistance to establish a cyber emergency response team (CERT)....
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Barbados finance minister dismisses talk of IMF meeting

Finance and Economic Affairs Minister Chris Sinckler has rubbished suggestions that Barbados would be devaluing its local currency....
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ECCB rejects Moody's suggestion to devalue eastern Caribbean dollar

Moody’s had recommended the devaluation of the currency or those Caribbean countries adopt the US dollar in an effort to address what it described as a “debt crisis” in the region....
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French ambassador denies two Caribbean countries are on "blacklist"

Both Trinidad and Tobago and Dominica have said they would raise the issue with Paris that also said it would ban the use of their banks to help distribute development funds....
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Antigua minister says no re-engagement with IMF

Finance, Economy and Public Administration Minister Harold Lovell made it clear that the Baldwin Spencer government does not have any intention of re-engaging the financial institution.
image

Jamaica trade deficit narrows but not 'out of the woods' - Hylton

Industry Investment and Commerce Minister Anthony Hylton said that an export-led growth strategy, focused on diversification, is the only option for Jamaica.
image

Bermuda 'summoned' to London tax evasion summit

Bermuda rejects the notion that it is a tax haven and sources here said that Finance Minister Bob Richards is likely to be among senior ministers from Bermuda who will attend the summit.
image

Trinidad and Tobago bankers dismiss money laundering media reports

The Canadian Montreal Gazette in an article on May 30 quoted Canadian money-laundering specialist Garry Clement, a director with the Royal Canadian Mounted Police as saying that Panama and Trinidad and Tobago were known money laundering havens.
image

Dominica seeks US$50 million for infrastructure projects

The government said it is seeking at least US$50 million for the projects and Skerrit said the island had developed a reputation for a being a model country in its quick responses to natural disasters.
image

Fly Jamaica gets green light to operate two Guyana routes

Government spokesman Dr Roger Luncheon told a news conference that Cabinet gave the approval on Tuesday and that the airline would service the Guyana - New York route and the Georgetown -Toronto routes.
image

Antigua successfully completes IMF Stand By Agreement

The IMF said that much of the adjustment under the programme has come from cuts in public spending and investment, while tax revenue targets for 2013 have been met largely through one-off payments of back taxes.
image

Canadian bank indicates commitment to comply with IRS request

The IRS filed a “John Doe” summons requesting information on an unknown number of unnamed people against US taxpayers with offshore accounts at the Barbados-based FirstCaribbean International Bank.
image

Jamaica aims to improve technology sector against cyber attacks

The Portia Simpson-Miller government has entered into an agreement with the International Telecommunications Union (ITU) to provide technical assistance to establish a cyber emergency response team (CERT).
image

Barbados finance minister dismisses talk of IMF meeting

Finance and Economic Affairs Minister Chris Sinckler has rubbished suggestions that Barbados would be devaluing its local currency.