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8 Reasons why the Caribbean should legalize medical marijuana

From NAN News Americas, NEW YORK, NY, Fri. Sept. 9, 2016: Advocates for the legalization of medical marijuana in the Caribbean are growing daily with many pointing to the major economic benefits to the region, including Invest Caribbean Now CEO…

The ‘ghost fleet’ of cargo ships with nowhere to go can now dock and unload

By Tom Hals, Reuters From Business Insider A U.S. judge on Friday signed an order granting Hanjin Shipping provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea’s Hanjin had asked…

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A time to sell Caribbean tourism in the UK

By David Jessop From NAN News Americas, LONDON, England, Fri. Sept. 9, 2016: Earlier this year, a survey undertaken by Barclays business data indicated that nearly one fifth of British travelers, when questioned about their vacation plans, said that they…

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Qcm Cayman Ltd. adds Metlife Inc (MET) to its portfolio

By Ryan Silvi From Founders Daily Metlife Inc (MET) : Qcm Cayman Ltd. added new position in Metlife Inc during the most recent quarter end. The investment management firm now holds 19,860 shares of Metlife Inc which is valued at…

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NYT: Apple car ‘reboot’ involves dozens of layoffs

By Richard Lawler  From engadget Instead of building a whole new car, reportedly the new focus is just self-driving car tech. The latest rumor surrounding Apple’s fabled Project Titan car comes from the New York Times, which reports “dozens” of…

iNews Briefs & Community Events

  Cayman Islands Department of Vehicle & Drivers’ Licensing Closed on Sept 22nd The Department of Vehicle & Drivers’ Licensing would like to inform the public that it will be closed on Thursday, September 22nd, 2016. Normal hours of operation…

CIBC FirstCaribbean: Caribbean Market Overview – 2016 Q3

Caribbean Economic Overview Summary: Although economic activity in advanced economies accelerated modestly during Q2 2016, slower growth in Q1 2016 coincided with generally reduced external demand in Caribbean economies. Q2 2016 US and UK economic growth accelerated to 0.3% q/q…

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“Caribbean must think beyond status quo at Turks & Caicos conference”

By Invest Caribbean Now CaribPR Wire, NEW YORK, NY – Caribbean leaders need to throw out the old play book, and think big – beyond the status quo. That’s the word from Felicia J. Persaud, CEO and founder of Invest…

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Saint Lucia discusses transition of public vehicles to electric and hybrid

The financing proposal for a plan to introduce electric and hybrid vehicles in the public service of Saint Lucia was discussed during a high-level meeting hosted by the German Federal Enterprise for International Cooperation (GIZ) in partnership with ECLAC Caribbean,…

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CDB funds workshop to improve service delivery in the tourism industry

BRIDGETOWN, Barbados — For many countries in the Caribbean, a successful tourism industry is critical to social and economic growth and development. However, an increasingly competitive global tourism market has meant that Caribbean countries must find ways to differentiate themselves,…