Category: Caribbean

The government is cleaning up the banking system, but Jamaicans are still paying a heavy price for botched financial liberalization in the 1990s.

Jamaica wants to become the silicon island of the Caribbean. Tourism has spawned a vibrant services industry and the country hopes today’s call center employees will be tomorrow’s programmers.

Jamaica is shaking off years of recession and the effects of a severe banking crisis. But the country still must deal with a debt mountain and a difficult business climate.

Jamaica’s government faces a prolonged struggle to manage its debt mountain despite privatizations and the sale of financial institutions. Now the government is turning increasingly to the international capital markets.

Government reforms spurred the rapid expansion of duty-free industrial parks in the Dominican Republic over the last four years. It?s time to reap the payoff now that the Caribbean Basin countries have finally been given the same benefits as Mexico in apparel exports to the US.

Latest regional and country news from the Caribbean.

Trinidadian banks are competing with foreign institutions for supremacy in the region.

Local carriers are vying for a bigger share of the Caribbean market.

Caribbean nations fear the worst in the wake of the WTO’s recent ruling on banana exports.

Until recently, foreign banks have dominated the Caribbean banking industry. But through growth, diversification and improved service, two Trinidadian banks are vying to become the premier banking and financial services […]