News and Media
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Belize to launch NBB Pay e-wallet in early 2021: CARICOM BUSINESS
The National Bank of Belize (NBB) has solicited the expertise of Barbados-based financial technology firm Bitt to create and launch a digital wallet that will complement the bank’s mobile banking services. “NBB is licensing a digital currency infrastructure from Bitt to support retail and business users’ access to simple secure and efficient payment solutions as they recover from the global…
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End of Year Statement by the Outgoing Chairman of the Caribbean Community (CARICOM) Dr the Honourable Ralph Gonsalves Prime Minister of St. Vincent and the Grenadines
This year we will be experiencing a Christmas Season like no other. We may miss the joy of camaraderie, but it should however, serve to remind us of the spirit that is engendered from togetherness. That spirit of unity has been a cornerstone of the Caribbean Community (CARICOM) in 2020. As the COVID-19 pandemic raged through the world this past…
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Internet access to be declared a public good in Jamaica: CARICOM BUSINESS
The Government of Jamaica is to roll out a broadband expansion programme, dubbed the National Broadband Initiative, which will seek to provide Internet connection to every household by 2025. According to Minister of Science, Energy and Technology, Daryl Vaz, the Government will make access to the Internet a public good. The objectives of the initiative are to: achieve universal access;…
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End of Year Message from the Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque
The holiday season is upon us, amidst what has been the most deadly pandemic in a century. Our Caribbean Community (CARICOM), like the rest of the world, has been battered and bruised by the onslaught of the COVID-19 pandemic in 2020. However, once again in the face of adversity, the strength of our unity shone forth. As we relax and…
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Launching Paris – A CARICOM Moment of Ambition: Snapshots of Member States Nationally Determined Contributions
Several Caribbean Community Member States showcased their ambitions to further address climate change at a CARICOM Moment of Ambition event held on the eve of the fifth anniversary of the adoption of the Paris Agreement, on Friday 11 December 2020. Member States representatives presented highlights of their enhanced National Determined Contributions (NDCs) at the event hosted by the CARICOM Secretariat…
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30% of tourism workers set to resume work amidst fallout: CARICOM BUSINESS
Jamaica’s Tourism Minister Edmund Bartlett says since its borders reopened in June, they have welcomed 300,000 visitors yielding some US$150 million. According to Bartlett, if the current arrival trend is sustained over the winter season, then about 30% of the 170,000 workers directly employed in the tourism industry should return to work. In the meantime, tourist arrivals in Dominica have…
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Final Declaration of the 7th CARICOM-CUBA Summit Meeting
December 8, 2020 We, the Heads of State and Government of the Caribbean Community (CARICOM) and the Republic of Cuba, gathered via videoconference on 8 December, 2020, on the occasion of the 7th CARICOM-Cuba Summit held in commemoration of the 48th anniversary of the diplomatic relations between the four CARICOM independent States and Cuba and the 18th anniversary of CARICOM-Cuba…
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Seventh CARICOM-Cuba Summit: Secretary-General’s Opening Remarks
The Seventh Summit of the Heads of State and Government of the Caribbean Community and Cuba was held via videoconference on Tuesday 8 December 2020. CARICOM Secretary-General Ambassador Irwin LaRocque addressed the Summit’s Opening. Here are his Remarks: Your Excellency Miguel Díaz-Canel Bermúdez, President of the Council of State and Council of Ministers of the Republic of Cuba; Dr. the…
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Jamaica moves towards an Independent Fiscal Commission: CARICOM BUSINESS
The Government of Jamaica has initiated action to institutionalise fiscal transparency and strengthen its fiscal responsibility framework by way of an Independent Fiscal Commission. This was effected through tabling a Bill to that effect in the House of Representatives. According to Finance Minister Dr Nigel Clarke, “the fiscal commission will be the guardian and interpreter of Jamaica’s fiscal rules, monitoring…
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The CARICOM Private Sector Organization and the Caribbean Community Sign MOU 3rd December 2020 – CPSO
The CARICOM Private Sector Organization (CPSO) and the Caribbean Community (CARICOM), on Thursday 3 December 2020, signed a Memorandum of Understanding, which establishes the legal framework for cooperation and collaboration between the Private Sector and the Community, as mandated by the Conference of Heads of Government of the Caribbean Community. Mr. Gervase Warner, CPSO Chairman, and President and CEO of…
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