CARICOM Business

Effective January 1, 2023, electricity tariffs in Bermuda are being reduced by a weighted average of 1.7% across all customer groups. According to the Regulatory Authority “average residential rates will decrease by 0.25%, commercial…
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In what could be categorized as a pyrrhic victory for the Regional tourism industry, it now seems plausible that the 2022/23 winter tourism season could be extended by an additional month resulting from the vagaries of climate change. …
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The St. Lucia government says it is anticipating investment in the tourism industry to surpass EC$320 million as a result of negotiations with various investors during the first 8 months of this year. “Investors are showing a high…
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The Antigua and Barbuda government says every territory to which the cash-strapped regional airline, LIAT, flies to will be asked to purchase shares in the new company as efforts continue to revitalise the embattled airline. In a…
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  The United Nations Conference on Trade and Development (UNCTAD) says investment flows to the Region reached US$134 billion last year, up from US$88 billion in 2020. According to UNCTAD’s World Investment Report 2022, foreign direct…
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