Not much growth expected in the Caribbean this year


CDB President Dr Warren Smith cautions that growth rates were way too low and public debts were still spiraling out of control. BRIDGETOWN – Caribbean economies are projected to record minimal growth – an average of 1.7 per cent this year. But’s that not enough to generate jobs and drive desperately needed debt reduction, the Caribbean Development More...

by Edition | Published 1 month ago
By Edition On Tuesday, February 14th, 2017

Minister Rhuggenaath highlights business opportunities with Dominican Republic

SANTO DOMINGO, WILLEMSTAD - The Dutch Chamber of Commerce of the Dominican Republic organized a meeting of partners and representatives of the public and private sector of the Dominican Republic with the Minister More...

By Edition On Tuesday, February 14th, 2017

Venezuela delays crude shipments

HOUSTON - Venezuelan state oil company PDVSA has delayed and cancelled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further sign of the steady production decline More...

Curacao Statistics
By Edition On Monday, February 13th, 2017

Consumer prices in December – Prices 0.2 percent higher compared to November; Inflation in 2016 was 0.0 percent

WILLEMSTAD - The consumer price index of Curacao in the month of December 2016 increased by 0.2 percent compared to November 2016. Measured over the twelve months to December 2016, prices remained stable compared More...

By Edition On Friday, February 10th, 2017

Venezuela falls behind on oil-for-loan deals with China, Russia

Venezuela’s state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The More...

Santo Domingo
By Edition On Wednesday, February 8th, 2017

Curaçao wants to import Dominican products due to Venezuelan crisis

WILLEMSTAD – This week the government of Curaçao said that it is interested in importing agricultural products from the Dominican Republic after the collapse of relations in that field between the island and More...

By Edition On Monday, February 6th, 2017

El Mas Rapidito winner of case against Central Bank

PHILIPSBURG – El Mas Rapidito (EMR) Courier Services N.V. has won the court case against the Central Bank of Curaçao and St. Maarten. The money-transfer operation initiated legal action, after the bank published More...

By Edition On Friday, February 3rd, 2017

World Bank Group visits Curaçao to meet with representatives of the financial sector

WILLEMSTAD - Last week a delegation of 3 representatives of the World Bank Group (WBG) visited Curacao to meet with representatives of the financial sector as part of the assessment to be done by the WBG on the More...

By Edition On Wednesday, February 1st, 2017

Caribbean Association of Banks urges compliance with FATCA

WILLEMSTAD - The Caribbean Association of Banks (CAB) has expressed concern about the number of countries in the region which have not yet put in place inter-governmental agreements (IGAs) with the United States More...

By Edition On Monday, January 30th, 2017

No cash: PDVSA tankers stuck off Venezuela

WILLEMSTAD - More than 4 million barrels of Venezuelan crude oil and fuels are stuck in tankers in the Caribbean because Venezuela’s state-run oil firm cannot afford to pay for cleaning dirty tankers and port More...