Dart plans another hotel on Cayman Islands 7-Mile-Beach It has been confirmed that the Dart Group are in the “early planning” stages of their second hotel on Grand Cayman’s 7-Mile-Beach. This second hotel would be constructed a few miles up the coast from the 4-Star Kimpton Hotel site Dart are currently building, between the Royal Palms […]
iNews Briefs
Cayman Islands’ public asked for views on Sunday Trading “We want to understand the views of the general public and all key stakeholders, so that Government has a guide for developing appropriate policy on the issue” Commerce Minister Wayne Panton The Ministry of Commerce is asking the public if changes should be made to The […]
How the Caribbean plans to become a green energy powerhouse
By Will Nichols From Business Green Existential threat from climate change and high electricity costs are driving Caribbean Development Bank programme to boost clean energy investment Imagine a storm crashing through Britain, tearing down bridges and power lines across the country, cutting off communications, and leaving the government a bill worth one per cent of […]
iNews Briefs
Suriname man hacks parents to death, torches home, SUV From Caribbean360 PARAMARIBO, Suriname, Friday July 18, 2014, CMC – A 55-year old Suriname man killed his elderly parents on Wednesday and subsequently torched their home and an SUV. The police confirmed that the gruesome incident took place in the community of Livorno several kilometers south […]
Caribbean urged to take advantage of Panama Canal expansion – McKensey
From Caribben360 PORT-OF-SPAIN, Trinidad, Friday June 6, 2014, 2014, CMC – Caribbean countries are being urged to position themselves to take advantage of greater trading opportunities that may derive when the Panama Canal Expansion project is completed and commissioned by the first quarter of 2016. When it is completed, the Panama Canal will be able […]
Caribbean nations urged to take advantage of Panama Canal expansion
By Shanelle Weir From Panama American World Caribbean countries are being urged to position themselves to take advantage of greater trading opportunities that may derive when the Panama Canal Expansion project is completed and commissioned by the first quarter of 2016. When it is completed, the Panama Canal will be able to facilitate the crossing […]
Importing food is damaging the Caribbean: Why no action?
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Thursday June 5, 2014 – It is shameful that golden opportunities to produce more food in the Caribbean and significantly reduce the astronomically high annual food import bill of US$4.75 billion are being woefully neglected. If this misguided trend continues, the economies of many of the countries […]
Green Climate Fund Executive Director delivers Memorial Lecture to Caribbean Development Bank Annual Meeting
(CDB) Héla Cheikhrouhou, Executive Director of the Green Climate Fund, presented the 15th William G Demas Memorial Lecture yesterday at the Annual Meeting of the Board of Governors of the Caribbean Development Bank. The lecture addressed the topic “The Green Climate Fund: Great Expectations.” Speaking one week after the Green Climate Fund’s Board successfully reached […]
Caribbean Development Bank returns to ‘stable’ outlook following ratings review
BRIDGETOWN, Barbados — The Caribbean Development Bank (CDB) has welcomed Standard and Poor’s revision of its outlook from “negative” to “stable” and affirmation of its “AA/A-1+” status on long and short term foreign currency ratings. Following review of CDB’s 2013 results, S&P made the announcement on May 16, stating that factors that contributed to the […]