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Central bank governor: Caricom trade policy ‘nonsense’

CSME problems: Dr DeLisle Worrell Governor of the Central Bank of Barbados Dr DeLisle Worrell has made it clear he is not a fan of the whole­sale free move­ment of people in Caricom. Worrell, one of the region’s leading economists,…

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Iconic InterContinental San Juan completes US $22.25M renovation

SAN JUAN, Puerto Rico–(BUSINESS WIRE)– InterContinental(R) Hotels Group (IHG) (LON:IHG), (NYSE:IHG), (ADRs), one of the world’s leading hotel companies, today announced the completion of a US $22.25 million renovation of the iconic, Morris Lapidus-designed InterContinental San Juan, one of the…

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Get ready to buy emerging markets [after vacationing in Grand Cayman]

By StreetAuthority From Nasdaq As I write this I’m sailing across the sky, 35,000 feet in the air in a Boeing 777, heading home from a great vacation in Grand Cayman. It’s one of the most beautiful islands in the…

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New CEO details goals for Caribbean hotel and tourism group

By Aldeth Lewin From Virgin Islands Daily News ST. THOMAS – The USVI Hotel and Tourism Association hosted its annual meeting Friday, and members got to hear from the new head of the Caribbean Hotel and Tourism Association, Jeff Vasser….

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[Cayman] Caribbean-based advisers charged in money-laundering sting

By David Voreacos and Tom Schoenberg From Bloomberg Three Caribbean-based men who helped Americans hide assets from U.S. tax authorities were charged in a sting operation with laundering what they were told was dirty money. The U.S. indicted Eric St-Cyr,…

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Caribbean urged to ban sale of high salt foods, high sugar beverages to children

From Caribbean360 According to a recent report, no CARICOM country has national policies or major initiatives aimed at reducing salt intake of the population which has been shown to reduce blood pressure which is a major problem among Caribbean people….

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FATCA Final Regulations – Update For Cayman And Irish CLO Issuers

By Alasdair Robertson, Mark Matthews, Scott Macdonald and Nicola Bashforth Maples and Calder On 20 February 2014 the US Treasury and the IRS released a set of revisions to the US Foreign Account Tax Compliance Act (“FATCA”) final regulations (the…

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Sustainability keeps Caribbean locals and tourists happy

From DW How do you make an island paradise with limited business infrastructure into a winning combination for both tourists and locals alike? You take a leaf out of Dominica’s book. For the many tourists that come to the Caribbean…

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IMF reaches ‘staff-level’ agreement with Grenada

By Nelson A. King from Caribbean Life The International Monetary Fund (IMF) says its staff and Grenadian authorities have reached a “staff-level” agreement on a program that can be supported by a three-year Extended Credit Facility (ECF) arrangement in the…

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Caribbean Football Union Club Championship Weekend Recap: March 24, 2014

From Boxscore News Action from the Caribbean Club Football Championship game between Caledonia AIA (left) and Inter Moengotapoe on March 23, 2014, in Mirebalais, Haiti. (Photo: Yonel Louis) CONCACAF.com KINGSTON, Jamaica (March 24, 2014) – Guyana’s Alpha United moved a…