Virgin Atlantic is giving its support to the Caribbean which is calling for a review of the decision to increase the United Kingdom's Air Passenger Duty (APD).
Virgin Atlantic is giving its support to the Caribbean which is calling for a review of the decision to increase the United Kingdom's Air Passenger Duty (APD). FULL STORY
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No tax haven here, says Jamaica Finance Minister Jamaica's Finance Minister Audley Shaw is seeking to give assurances that Jamaica will not earn the reputation as a tax haven when the proposed International Financial Centre (IFC) is set up in the country's capital.
Eastern Caribbean economies expect economic decline The Eastern Caribbean Central Bank (ECCB) was able to make a profit last year despite the difficulties on the international market, but the economic situation for countries of the Eastern Caribbean Currency Union (ECCU) is expected to decline in coming months.
Stimulus package helping Jamaica tourism The stimulus package introduced to support tourism in Jamaica has so far provided J$634 million (US$7.1 million) in cash support to the sector, to sustain jobs and maintain growth, Tourism Minister Edmund Bartlett.
Bermuda to get major hotel brand A major international hotel brand, St Regis, will make its debut in Bermuda in Bermuda in another four years.
Bahamas moves to strengthen cruise industry The Bahamas government is to amend the Cruise Ship (Overnight Incentive) Act to strengthen the country's competitive position in the cruise industry.
Bajans paying more for water Barbadians will from yesterday started paying a higher price for water - around 60 per cent more - as the Barbados Water Authority (BWA) increases its rates in an effort to become more financially viable.
Antigua puts offshore sector under scrutiny Offshore companies in Antigua and Barbuda are now under the scrutiny of local authorities as a consequence of the criminal charges filed against the former boss of the country's financial regulatory body over his involvement in an alleged fraud at the Stanford International Bank (SIB).
Jamaica, Antigua exploring IMF options As the Jamaica government consults with social partners today on the terms under which the island would enter an agreement with the International Monetary Fund (IMF), the cash-strapped administration in Antigua and Barbuda is having its own national economic symposium that will explore the possibility of going to that international agency for help as well.
