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KINGSTON, Jamaica (Friday, April 16, 2021) — Jamaica’s expenditure on imports, during the 2020 calendar year, fell by 26.4 percent to US$4.76 billion, relative to the previous year, disclosed Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy, ...

KINGSTON, Jamaica (Wednesday, April 7, 2021) — Reforming the Cannabis industry into one, which earns maximum benefits globally, is the goal of the newly appointed Chair for the Cannabis Licensing Authority (CLA), LeVaughn Flynn, who assumed the position on February ...

GEORGETOWN, Guyana (Wednesday, March 31, 2021) — The Guyana Revenue Authority (GRA) is strengthening its ability to meet the tax demands of the emerging oil and gas sector. Senior Minister in the Office of the President, with responsibility for Finance, ...

BASSETERRE, St. Kitts and Nevis (Monday, March 29, 2021) — The public roll-out of the Eastern Caribbean Central Banks’ (ECCB) digital currency, DCash, will commence on Wednesday, March 31, Timothy N. J. Antoine, the Governor of the Bank, has announced. ...

TORONTO, Ontario (Thursday, March 25, 2021) — A new initiative, designed to address critical barriers that Black entrepreneurs face, when starting, growing and managing their businesses, has been introduced by Canada’s largest banking institution, the Royal Bank of Canada (RBC). ...

GEORGETOWN, Guyana (Tuesday, March 23, 2021) — Dr. Mohamed Irfaan Ali, President of Guyana, assured investors, today, that Guyana’s growing economy will support business expansion, and that innumerable investment openings will be available in all of the country’s sectors. The ...

ST. MICHAEL, Barbados (Thursday, March 18, 2021) — The Caribbean Development Bank (CDB) has awarded US$50,000 in grant funding to two film and animation entities in St. Lucia and Trinidad and Tobago for projects, which aim to increase cultural collaboration ...

KINGSTON, Jamaica (Tuesday, March 9, 2021) — Outstanding banks loans in Jamaica hit a new record of $1 trillion at the end of 2020, but non-performing loans (NPL) loans grew by more than 40%. Total loans, across the banking system, ...

GEORGETOWN, Guyana (Tuesday, March 9, 2021) — The Bank of Guyana (BOG), which regulates local financial institutions, has advised that Trinidad’s First Citizens Bank has not applied for a banking licence in Guyana, although it has agreed to buy Scotiabank’s ...

By Caroline Shenaz Hossein Guest Contributor Ajo, Osusu, Sandooq, Chit or Arisan? These are cultural names for systems of mutual aid and collectivity — known by academics as rotating savings and credit associations, or ROSCAs for short. ROSCAs are hidden forms ...