Access to investment and finance has defined how island states are able to progress toward achieving the United Nations Sustainable Development Goals and plan their post-pandemic economic recovery. With the pressure of the last twelve months weighing hard on island economies, all eyes are now on how national governments will respond. Policymakers worldwide are keenly […]
Tag: World Bank Group
5 Of The Top 10 Fastest Growing Countries In 2021 Will Be In The Caribbean
GEORGETOWN — Five of the Top 10 fastest growing countries in 2021 will be in the Caribbean, according to The Economist’s analytical guide “The World in 2021.” Macau is set to be the world’s fastest growing country in 2021, it placed number one on the list. The autonomous island on the south coast of China, is […]
Princess Juliana Airport Got ‘Maximum’ Insurance Payout Of $71 Million After Hurricane Irma In 2017
PHILIPSBURG — Standard International Group, a leading New York City-based boutique financial advisory firm with a focus on revitalizing critical infrastructure projects across the U.S. Municipal, Caribbean, and West Africa, announced the completion of $193 million in financing for Sint Maarten’s Princess Juliana International Airport (PJIAE) Terminal Reconstruction. On behalf of Sint Maarten and Princess Juliana […]
UN Development Program Wants To Make Caribbean The World’s First ‘Climate-Smart Zone’
PARIS — The U.N. Development Program (UNDP) announced its support to Caribbean leaders gathered today during the launch of a new public-private coalition to create the world’s first “climate-smart zone” to support the parts of the region decimated by some of the most powerful hurricanes to ever cross the Atlantic in September. The announcement came at […]
Young Americas Business Trust Announces Fifth Annual Caribbean Innovation Competition
BRIDGETOWN — The Young Americas Business Trust (YABT) has announced the launch of the fifth annual Caribbean Innovation Competition (CIC). The Caribbean Innovation Competition is an international competition and business start-up accelerator program for young entrepreneurs in the CARICOM member and associate states. The CIC believes it is different from other existing business model competitions […]
Despite Storms Affecting 30 Percent of the Region, Caribbean Gains 800,000 Visitors Over 2016
SAN JUAN — For the first six months of 2017, data compiled shows that the region welcomed 16.6 million international tourists or 800,000 more than 2016. The Caribbean welcomed nearly a million more tourists than the same period last year for the first half of 2017, according to a regional tourism official, at the United Nations […]