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WASHINGTON, DC May 30, 2020 (CMC) – The Jamaica government projects, the local economy is expected to contract, by over five percent this fiscal year, as the island implements measures to deal with the impact of the coronavirus (COVID-19) pandemic. ...

By Ken Green Contributing Finance & Tax Expert Several years ago, when I started a business with my business partner, we faced a number of cash flow challenges, as we did not pay close attention to these 5 key drivers ...

PORT OF SPAIN, Trinidad and Tobago, May 25, 2020 (CMC) – The Trinidad and Tobago government has cautiously welcomed the latest ratings, by the US-based rating agency, Moody’s, that confirmed the government’s long-term issuer and senior unsecured debt ratings at ...

KINGSTON, Jamaica, May 22, 2020 (CMC) – Jamaica’s Minister of Industry, Audley Shaw, announced that the government has set aside J$800 million for COVID-19 small business grants, to assist micro-, small- and medium-sized enterprises (MSMEs). Shaw made the announcement, while ...

PORT OF SPAIN, Trinidad and Tobago, May 22, 2020 (CMC) – The Trinidad and Tobago Police Service (TTPS), today, warned the public about fraudsters, who were becoming much more ingenious in their ways to skim them of their hard-earned cash, ...

KINGSTON, Jamaica, May 19, 2020 (CMC) – Prominent Jamaican businessman and media tycoon, Oliver Frederick Clarke, 75, died, on Saturday night, after a prolonged battle with cancer. The Jamaica Gleaner newspaper, which Clarke managed and chaired for four decades, described ...

BRIDGETOWN, Barbados, May 18, 2020 (CMC) – The Barbados-based Caribbean Development Bank (CDB) announced, today, it is making available US$66.7, million in emergency loans, to seven Caribbean countries, in the first instance, to finance the response to the coronavirus (COVID-19) ...

By Ken Green Contributing Finance & Tax Specialist I immigrated to Canada in January 2002 to join my wife, Marie, who had arrived in the country, four months earlier. I can clearly recall how excited and anxious I was, watching my wife ...

KINGSTON, Jamaica, May 14, 2020 (CMC) – The Jamaica government says the payments of Small Business Grants will be made, during the month, as the authorities continue with the verification of applications. Minister of Finance and the Public Service, Dr. ...

ST. GEORGE’S, Grenada, May 12, 2020 (CMC) – The Grenada government said it will honour its debt obligations to international bondholders, due today, even as it awaits a response to a request for a moratorium. “We will be making the ...