Mexico wants in on Cuba market
By Nacha Cattan Bloomberg News From The Journal Gazetter From cola to cement, neighbors set to deal MEXICO CITY – U.S. cruise lines and hoteliers aren’t the only potential beneficiaries from a thaw in relations with Cuba. Onboard sodas and…
Caribbean resorts lure private equity as Canadian banks retreat
By Ezra Fieser Bloomberg News From Leader-Post Even before last week’s rapprochement between the U.S. and Cuba, private equity companies from Bain Capital Partners LLC to billionaire Sam Zell’s Equity International were boosting investments in Caribbean resorts as the region’s…
Cayman Islands duty concessions extended for another 12 months
In an effort to continue to stimulate economic activity the Government has extended the following duty concessions for twelve months to 31 December 2015: the import duty concessionary rate of 12.5 cents per gallon for the importation of motor gasoline…
Evaluating the pharmacological activity of Caribbean sponges
BY TARA D From SMN Weekly In these organisms (Caribbean sponges) science have found different compounds to produce useful drugs in diseases such as cancer or tumors. That was the goal of the research conducted by Lina Marcela Blandon, Master…
Geothermal energy can boost C’bbean economies, says World Bank
From Jamaica Observer WASHINGTON, USA (CMC) –The World Bank says a multi-donor initiative, led by its Energy Sector Management Assistance Programme (ESMAP), has mobilised US$235 million through the Clean Technology Fund towards scaling up geothermal energy in developing countries, including…
China-Latin America relations strengthened in 2014
By Pu Zhendong in Beijin From China Daily Latin America China-Latin America relations reached a “new height” last year as a more confident and proactive China laid out strategic cornerstones to prop up a “major-country diplomacy” that features stabilizing neighborhood,…
The view from Europe: New uncertainty for region as Saudis let oil price fall
By David Jessop From Barbados Advocate Two days before Christmas, the Saudi Oil Minister, Ali al-Nami, made a statement that is likely to change geo-politics and the face of the world economy in 2015. Speaking to The Middle East Economic…
Export head wants one export, distribution point
By Avia Collinder, Business Reporter From Jamaica Gleaner Pamela Coke-Hamilton, executive director of the Caribbean Export Development Agency (Caribbean Export) is challenging private-sector companies within the region to invest in unified warehousing, marketing, and distribution networks which she said can…
Coast Guard Cutter Dependable to return to Cape May
CAPE MAY – The crew of the Coast Guard Cutter Dependable is schedule to return home to Cape May at 11 a.m. Friday. The crew patrolled a vast geographic area over the 60-day deployment, from the Florida Straits to the…
Study finds Caribbean share of global tourism declining
From Jamaica Gleaner Tourists at a beach in Negril, Westmoreland. – File CMC: A study examining what is driving the tourism flows in the Caribbean has found that the region’s share of the global tourism market is declining. The International…
