December 13, 2019

How the Caribbean plans to become a green energy powerhouse

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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

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Cayman Islands serves up ice cream in NYC From Travel Weekly The timing could not be better. With temperatures soaring into the high 80s this week, turning New York into a true melting pot, the Cayman Islands Department of Tourism took to the streets, dispensing free ice cream. Trucks adorned with scenes of white sand, […]

High Energy costs stifling Caribbean competitiveness

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By Kiana Wilburg From KNEWS “We are very good at analysis; but we need to become excellent at practice. We know what needs to be done; and we just need to do it,”- CDB President Dr. William Warren Smith Unlocking opportunities for competitiveness and growth and examining the role energy plays in this critical mix, […]

CDB forum focussing on better strategies for Caribbean Technological Consultancy Services

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By GINA From CND Representatives from almost every borrowing member country of the Caribbean Development Bank (CDB) particpated in a stakeholders’ forum to come up with better working strategies. The event took place at the Ramada, Princess Hotel, East Bank Demerara. In an overview of what the event would entail, Kenneth Harvey, CTCS Network Coordinator, […]

Caribbean Development Bank returns to ‘stable’ outlook following ratings review

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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 […]

Guyana finance minister praises Caribbean Development Bank

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BRIDGETOWN, Barbados, CMC – Guyana has praised the Barbados-based Caribbean Development Bank (CDB) as an institution that has distinguished itself in its service to the region and has proven to be a reliable and effective development partner. Guyana’s Finance Minister Dr. Ashni Singh held talks Wednesday (7) with CDB president Dr. Warren Smith as Georgetown […]

CDB optimistic for 2014 reports RBC

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RBC Caribbean Economic Report Frosty Weather Contributes to Market Jitters Given that US consumer confidence declined to 78.1 in February 2014, down from 79.4 in January, it can be argued that the polar vortex may have had a role to play, alongside uncertainty about the US debt ceiling and relatively weak   job creation.  RBC economists […]

PPS in the Caribbean hold key to success

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From The Barbados Advocate “Worthwhile approach” It was noted quite recently that Public-Private Partnerships (PPPs) in the Caribbean hold the key to the success of infrastructural development in the Bank’s Borrowing Member Countries. There is a recognition that infrastructure development represents one aspect, and a key one at that, to boost the social and economic […]