Markets

Cayman, IRS Meet on U.S. Foreign Tax Compliance Statute

 Cayman Premier McKeeva Bush Cayman Islands Premier McKeeva Bush led a Cayman delegation to meet with the United States Internal Revenue Service’s Deputy Commissioner, Michael Danilack, along with other senior officials to discuss implementation of the Foreign Account Tax Compliance …

Trinidad, Ghana Partner on Natural Gas

 Trinidad and Tobago’s state-run National Gas Company has been tapped by the Ghana National Petroleum Corporation to supply energy for power plants in Ghana. “NGC is breaking new ground as it is the first state company to be extending its …

Hampden Estate Inks Deal with Red Stripe on overproof “Rum Fire”

 Hampden Estate, which produces rum largely for the European market, has released a new overproof rum, “Rum Fire,” strictly for the domestic market in Jamaica. “Hampden has never come out with a local brand, and to get to this market …

LATEST NEWS

 Minister of Finance Chris Sinckler If the unrest in the Middle East and North Africa continues, it could harm Caribbean economies, Barbados’ Minister of Finance, Chris Sinckler, has warned. “Our main assumption was that the main impact will be felt …

 Little Bay, Negril, Jamaica Selective Homes Limited has broken ground on a $12 million beachfront development in Negril, the Little Bay Country Club. The mixed-use project, which is targeted both at banking and tourism executives, along with second-home buyers, is …

 The Government of Barbados is moving to green its economy with the help of the United Nations Environment Programme. “My government continues to be committed to that vision and the emphasis at this point is to consolidate and elevate its …

 Jamaica’s FSC Senior Management Team Jamaica has been home to the high-profile OLINT issue, what some have dubbed the Caribbean’s version of the Bernard Madoff controversy. But according to the Jamaican Financial Services Commission, there are 64 unregulated investment schemes …

 The International Monetary Fund has sent a team to Antigua for a third review of the nation’s performance on a stand-by arrangement with the IMF. According to the Ministry of Finance, the IMF team began the review Monday and will …