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Spanish hotel group invests in city hotels in central Cuba

June 23, 2017
Spanish hotel group invests in city hotels in central Cuba HAVANA, Cuba (ACN) -- Melia Hotels International, with 27 years of operations in Cuba, including Camagüey province, has signed a contract for managing the Gran Hotel, Colón Hotel and Camagüey Hotel, three iconic facilities in Camagüey. Operated thus far by Islazul, a local firm, which will...

Aquaculture has significant potential as foreign exchange earner for Guyana

June 22, 2017
Aquaculture has significant potential as foreign exchange earner for Guyana GEORGETOWN, Guyana -- According to the Guyana Sugar Corporation (GuySuCo), a report on the feasibility study for aquaculture as a diversification venture for GuySuCo discloses significant potential.  The study was undertaken by AquaSol Corporation Inc., a company based in Florida.

Key cruise line executives and industry stakeholders gather to improve business at conference in Aruba

June 21, 2017
Key cruise line executives and industry stakeholders gather to improve business at conference in Aruba PEMBROKE PINES, USA -- Improving cruise tourism business was easier and happier than ever last week in Aruba. A group of more than 200 Florida-Caribbean Cruise Association (FCCA) Platinum Members, key cruise tourism stakeholders, and their family members and colleagues joined...

BVI financial account reporting system updated and ready for use

June 20, 2017
BVI financial account reporting system updated and ready for use ROAD TOWN, BVI -- The British Virgin Islands financial account reporting system (BVIFARS) was updated on Monday to accommodate reporting under the common reporting standards (CRS). BVI financial institutions were reminded that the extended enrolment deadline for CRS is June 30.

Colombia pushes financial system reforms with $450 million IDB loan

June 20, 2017
Colombia pushes financial system reforms with $450 million IDB loan WASHINGTON, USA -- The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting Colombia's economic growth. The loan is for $450 million. The reforms being pushed forward by the government of Colombia...

Young Cuban technologists to study US entrepreneurship as interns in New York

June 19, 2017
Young Cuban technologists to study US entrepreneurship as interns in New York NEW YORK, USA -- With Cuban-American relations back front and center on the political agenda, four of Cuba’s best and brightest minds in technology and design have been selected to travel to the US and learn about American entrepreneurship in the heart of New York City’s startup scene.

Marketing Strategies Today: Costly marketing mistakes you need to fix or go client-less

June 19, 2017
Marketing Strategies Today: Costly marketing mistakes you need to fix or go client-less Did you know that within ten to twenty seconds, your reader will make a judgment call on whether to click away, or keep reading? It’s a narrow window to convince readers that you’re as awesome and helpful as you know you are. However, if you’re making these common content marketing mistakes...

Haiti to strengthen commercial ties with Cuba

June 17, 2017
Haiti to strengthen commercial ties with Cuba HAVANA, Cuba (ACN) -- Haiti's minister of trade and industry, Pierre Marie Du Meny, said on Thursday that his country will strengthen its commercial ties with Cuba, according to a report from Prensa Latina News Agency. During a meeting with the Cuban ambassador to Haiti, Luis Castillo...

Caribbean Export participates in European development expo

June 16, 2017
Caribbean Export participates in European development expo BRUSSELS, Belgium -- The 2017 edition of the European Commission’s event European Development Days (EDD) held on June 7-8 in Brussels saw the participation of the Caribbean Export Development Agency (Caribbean Export) as part of those considered to be the “best of investing in development”.

Cuba: The odd couple

June 15, 2017
Cuba: The odd couple MIAMI, USA -- As the #clustercovfefe that is the Trump presidency continues to stumble around the world, damaging decades-old relationships (perhaps beyond repair), making enemies of democracies and friends of dictators, the odd couple of US-Cuba policy is preparing, in the words of one...

Trump expected to announce new Cuba policies on Friday

June 12, 2017
Trump expected to announce new Cuba policies on Friday MIAMI, USA -- US President Donald Trump will reportedly visit Miami on Friday to announce he will tighten restrictions on travel to and doing business with Cuba, fulfilling mixed but evolving campaign promises to reverse changes made by former President Barack Obama since December 2014.

Marketing Strategies Today: How to leverage LinkedIn effectively for profitability

June 12, 2017
Marketing Strategies Today: How to leverage LinkedIn effectively for profitability LinkedIn is one of the social media websites that promotes networking all over the world. Its uniqueness is defined by the fact that it is both business-oriented and an employment-oriented social networking service. It is also available on mobile applications making it easily accessible. It is used by...

Another foreign company fined for breaking US trade embargo of Cuba

June 10, 2017
Another foreign company fined for breaking US trade embargo of Cuba HAVANA, Cuba (ACN) -- The US Treasury Department's Office of Foreign Assets Control (OFAC) has fined the American Honda Finance Corporation (AHFC) US$87,255 for violating US regulations that are part of the trade embargo against Cuba. According to a document published on the US Treasury...

Bipartisan coalition in US Senate introduces major legislation to lift Cuba trade embargo

June 8, 2017
Bipartisan coalition in US Senate introduces major legislation to lift Cuba trade embargo WASHINGTON, USA -- Following the recent reintroduction of the Freedom to Travel to Cuba Act by a bipartisan group of US senators, a similar bipartisan coalition of senators has introduced legislation – The Freedom to Export to Cuba Act of 2017 – to eliminate legal barriers for Americans doing...

Newly released Caribbean renewable energy index highlights opportunities for investors

June 7, 2017
Newly released Caribbean renewable energy index highlights opportunities for investors MIAMI, USA -- Pan American Finance on Tuesday released the first edition of the Caribbean Basin Renewable Energy Investment Index, measuring the investment potential in renewable energy for then countries in the region: Costa Rica, Cuba, Dominican Republic, El Salvador, Guatemala...

Citizenship consultants file defamation claim

June 6, 2017
Citizenship consultants file defamation claim DUBAI, UAE -- On May 28, 2017, global citizenship consultants Arton Capital initiated legal proceedings for alleged defamation in the United Arab Emirates (UAE) against the Investment Migration Council (IMC) and its former UAE representative office. Arton Capital has partnered with the governments of...

Cuba reaffirms socialism as Trump isolates the US

June 5, 2017
Cuba reaffirms socialism as Trump isolates the US WASHINGTON, USA -- As the serial #clustercovfefe of the Trump presidency pursues its singular objective of making America great again by alienating, and isolating the US from the rest of the world – in other words, becoming North Korea except with nuclear missiles that might actually work...

Argentina seeks Antigua bank account information in massive bribery probe

June 5, 2017
Argentina seeks Antigua bank account information in massive bribery probe ST JOHN’S, Antigua -- Argentine prosecutors are asking their counterparts in Antigua and Barbuda to share information about accounts at a local bank that was used by Brazilian multinational construction company Odebrecht SA to pay bribes in a massive international corruption scandal.

Grenada search for oil set to begin

June 5, 2017
Grenada search for oil set to begin ST GEORGE’S, Grenada -- The search for oil in Grenadian waters is set to begin within months. Prime minister and minister of energy, Dr Keith Mitchell announced in a national address on Thursday night that an oil exploration campaign is to start. Mitchell said the Global Petroleum Group...

USVI agency focuses on becoming impact investment hub for the Caribbean

June 5, 2017
USVI agency focuses on becoming impact investment hub for the Caribbean NEW YORK, USA -- The US Virgin Islands Specialist Economic Development Agency, the University of the Virgin Islands RTPark, (UVI RTPark), is focused on becoming an impact investment hub for the Caribbean. As the financial world shifts to embrace mission-oriented investing, the RTPark's...

Marketing Strategies Today: Five retargeting secrets for Facebook

June 5, 2017
Marketing Strategies Today: Five retargeting secrets for Facebook Remarketing refers to following your leads with marketing related offers. After a user visits your site, they are usually tagged. This makes it easier to re-target the visitors with your ads wherever they go on the web. Facebook remarketing works almost the same as Google Ads. When a visitor is on your site...

Resort owner rejects claims by Grenada PM

June 3, 2017
Resort owner rejects claims by Grenada PM ST GEORGE’S, Grenada -- The owner of the Grenadian by Rex Resorts has rejected assertions made by Grenada’s prime minister, Dr Keith Mitchell, during an address to the nation on Thursday night. “The prime minister’s comments on the Rex Grenadian are short on facts and long on self-serving......

Regional trade promoted in the Dominican Republic

June 1, 2017
Regional trade promoted in the Dominican Republic BRIDGETOWN, Barbados -- Regional trade is a key component for economic stability across the Caribbean, and greater trade from the agricultural sector could significantly contribute towards the lowering of the regions food import bill from outside of the region. It is in view of this that the Caribbean...

Grenada government rejects 'no choice' arbitration claim

May 31, 2017
Grenada government rejects 'no choice' arbitration claim ST GEORGE’S, Grenada -- Following a request for arbitration filed earlier this month with the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) by Grenada Private Power Limited (GPP), a 50 percent shareholder of Grenada Electricity Services Ltd (Grenlec)...

CDB approves millions in loans and grants for ten borrowing member countries

May 31, 2017
CDB approves millions in loans and grants for ten borrowing member countries PROVIDENCIALES, Turks and Caicos Islands -- On Monday, May 22, the board of directors of the Caribbean Development Bank (CDB), met in Providenciales, Turks and Caicos Islands. It approved the following projects in The Bahamas, Belize, Dominica, Grenada, Guyana, Haiti, St Kitts and Nevis...

CDB governors highlight environment, gender and private sector growth at annual meeting

May 29, 2017
CDB governors highlight environment, gender and private sector growth at annual meeting PROVIDENCIALES, Turks and Caicos Islands -- As the 47th annual meeting of the Caribbean Development Bank (CDB) closed on Friday in Providenciales, the institution’s governors identified environmental sustainability, gender equality and private sector growth as key priorities for the region.

CDB and CCRIF launch integrated sovereign risk management in the Caribbean project

May 27, 2017
CDB and CCRIF launch integrated sovereign risk management in the Caribbean project PROVIDENCIALES, Turks and Caicos Islands -- On Thursday, the Caribbean Development Bank and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched the Integrated Sovereign Risk Management in the Caribbean project.  This project seeks to enable all Caribbean...

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