Exports from Latin America and the Caribbean back on growth path


WASHINGTON - Following 25 months of uninterrupted contraction, exports of goods from Latin America and the Caribbean (LAC) are back on the path to growth. After shrinking by 3.3 percent in 2016, the year-on-year growth between January and June 2017 reached 13.2 percent. Similarly, exports of services, which had already picked up in 2016, grew by 9.7 More...

by Edition | Published 2 months ago
European Commission
By Edition On Wednesday, December 6th, 2017

EU releases tax haven blacklist; Netherlands not on it

THE HAGUE - The European Union published its black list of tax havens. It consists of 17 countries the EU believes help multinationals and rich people avoid the tax authorities. The Netherlands does not appear on More...

By Edition On Monday, November 27th, 2017

411.4 million US dollars generated from Tourism in the first ten months

Double-digit growth from North America in October 2017. WILLEMSTAD - The Curaçao Tourist Board (CTB) reports a direct impact of $ 411.4 million US dollars that have been generated for the local economy from January More...

By Edition On Friday, November 24th, 2017

MCB Bank reduces interest on savings

WILLEMSTAD - MCB lowers its interest on savings. Instead of 1 percent, savers now only get half percent. The youth saving plan Lito also becomes less attractive. The 3 percent interest rate remains but the 5 percent More...

By Edition On Friday, November 24th, 2017

PDVSA in credit talks with Rosneft, Eni, Repsol, Statoil

SANTA CRUZ - Venezuela’s PDVSA is in talks with Russia’s Rosneft, Italy’s Eni, Spain’s Repsol and Norway’s Statoil to get credit for oil and gas projects, a company executive said on Wednesday, in a bid More...

By Edition On Wednesday, November 22nd, 2017

Venezuela’s PDVSA in talks to supply gas to neighbors

CARACAS- Venezuelan state-run oil company PDVSA is in contract talks to export natural gas to neighbours Colombia, Trinidad and Tobago, and Aruba, a company official said on Wednesday. Gas sales could provide a More...

By Edition On Monday, November 20th, 2017

Venezuela’s creditors should hold on tight

CARACAS - Petróleos de Venezuela is the oily lifeblood of the country which owns it, so default should spell the beginning of the end for creditors. PDVSA’s exports are the only reason the government has been More...

Chamber of Commerce
By Edition On Friday, November 17th, 2017

Small decline in Curaçao’s economy

WILLEMSTAD - The Chamber of Commerce expects a drop in the economic climate for the whole of 2017. In the two previous years there was still a slight recovery. The first half of this year was disappointing with More...

Damen Shiprepair Amsterdam_lowres
By Edition On Thursday, November 16th, 2017

Company’s information: Damen Shipyards Group

Damen Shipyards Group operates 33 shipbuilding and repair yards, employing 9,000 people worldwide. Damen has delivered more than 6,000 vessels in more than 100 countries and delivers some 180 vessels annually to More...

By Edition On Monday, November 13th, 2017

Venezuela to go bankrupt in 48 hours triggering $60billion global financial crisis

CARACAS - Venezuela is on the brink of an official default potentially sparking huge financial chaos across the world. The crisis came to light after it was revealed state-owned firm PDVSA has not made a single More...