Please see the latest edition of the CARICOM Business newsletter which comprises information culled from news entities in the Caribbean and beyond and includes a Foreign Exchange Summary, a Stock Exchange Summary and International Oil Prices.
COMMUNIQUÉ ISSUED AT THE CONCLUSION OF THE TWENTY-NINTH
INTER-SESSIONAL MEETING OF THE CONFERENCE OF HEADS OF
GOVERNMENT OF THE CARIBBEAN COMMUNITY
26-27 February, 2018,
The Twenty-Ninth Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) was held at Port-au-Prince, Haiti, on 26-27 February, 2018. The President of Haiti, His Excellency Jovenel Moïse, Chaired the proceedings.
Other Members of the Conference in attendance were Prime Minister of The Bahamas, Honourable Dr. Hubert Minnis; Prime Minister of Barbados, Rt. Honourable Freundel Stuart; Prime Minister of Grenada, Dr. the Rt. Honourable Keith Mitchell; Prime Minister of Jamaica, the Most Honourable Andrew Holness; Prime Minister of Saint Lucia, Honourable Allen Chastanet; Prime Minister of St. Vincent and the Grenadines, Dr. the Honourable Ralph Gonsalves; and Prime Minister of Trinidad and Tobago, Dr. the Honourable Keith Rowley.
Antigua and Barbuda was represented by His Excellency Ambassador Colin Murdoch; Belize was represented by Senator the Honourable Michael Peyrefitte, Attorney General; Dominica was represented by the Honourable Francine Baron, Minister of Foreign Affairs; Guyana was represented by His Excellency Vice President Carl Greenidge; Montserrat was represented by the Honourable Delmaude Ryan, Deputy Premier and Minister of Education, Health, Youth Affairs, Sports and Social Services; St Kitts and Nevis was represented by the Honourable Vance Amory, Senior Minister; Suriname was represented by His Excellency Vice-President, Michael Ashwin Adhin.
Associate Members in attendance were British Virgin Islands represented by Dr. the Hon Kedrick Pickering, Deputy Premier; the Turks and Caicos Islands represented by Hon. Sean Astwood, Deputy Premier.
Read the full COMMUNIQUE
February 28, 2018, BRIDGETOWN, Barbados – Streaming services, some with up to 140 million users worldwide, have revolutionised the business of music. Yet despite the earning potential these services present for industry practitioners – writers, publishers, performers and producers—the Caribbean Region has been slow to cash in.
Aiming to better help music industry professionals take advantage of this boom, the Caribbean Development Bank (CDB), in July 2016, commissioned a feasibility study and action plan for the digitalisation of Caribbean music, to enhance understanding of its effect on the music industry.
A team of Regional and international consultants met on February 21 and 22 in Barbados with industry insiders to present the study’s key findings, and discuss how best to develop and expand the Caribbean’s music industry. The two-day session, which also included a training component, focused primarily on digital and live music, and included discussions on mainstreaming participation in the industry by women. Overall, the number of women participating is low, and their roles are often limited to lower earning opportunities, such as performing.
“We need more women in publishing and producing,” said industry expert Erica Smith, one of the regional consultants who presented at the two-day workshop.(more…)
Caribbean Community (CARICOM) Heads of Government wrap up their Twenty-Ninth Intersessional Meeting of the Conference of Heads of Government in Port-au-Prince, Haiti, today. Here are some scenes from the event:
The Caribbean Community’s goal of creating a climate resilient Region requires significant grant funding and very concessional financing, CARICOM Secretary-General Ambassador Irwin LaRocque said Monday.
Speaking at the opening ceremony of the Twenty-Ninth Inter-sessional Meeting of CARICOM Heads of Government at the Marriott Port-au-Prince Hotel in Haiti, he said “without access to such financing, already high debt levels across the Region would be exacerbated.”
At opening of Intersessional mtng of CARICOM Heads of Govt., in Haiti, #CARICOMOrg SG, Amb. Irwin LaRocque, spoke of need for significant grant funding and concessionary financing to rebuild after 2017 hurricanes #29intersess pic.twitter.com/zGuXgNBkn9
— CARICOM (@CARICOMorg) February 26, 2018
He explained that most CARICOM countries were categorised as middle or high-income and were largely ineligible for concessional development financing and Official Development Assistance (ODA), due to the use of GDP per capita as the principal criterion.