Business

Prime Minister of Bahamas Dr. Hubert A. Minnis inaugurated a new power plant on Bimini, signalling a move toward a more reliable energy supply for the island. 

 Prime Minister of Dominica Dr. Roosvelet Skerrit visited DCP Successor, the largest manufacturer and exporters of soap, on 19th February 2021, with Melissa Skerrit, Parliamentary Representative Roseau Central Constituency & other cabinet members.

The UK economy suffered the biggest slump in more than 300 years in 2020 due to the Coronavirus epidemic, a 9.9 percent drop in the UK economy last year. Shops and restaurants in Britain were closed due to the epidemic. Also, the epidemic devastated the travel industry and manufacturing.

The Cuban government said that it would allow private businesses to operate in most sectors of the country, in the most significant reform to its state-controlled market for years.

The recently published Concluding Statement from the Executive Board of the International Monetary Fund (IMF) provides further indication that the Bahamas Government’s fiscal policy responses and economic management produce results in keeping with global best practices.

 The Monetary Council has approved Timothy N. J. Antoine's reappointment as Governor of the Eastern Caribbean Central Bank. The new five-year term commences on Monday, 1 February.

Prime Minister of St. Kitts and Nevis, Dr.Timothy Harris, said that improper placement of vending facilities in Basseterre needs to be controlled.

President of Guyana, Dr. Irfaan Ali, today reiterated his commitment to engaging all stakeholders to ensure that the Government’s plans and programs reflect the people's priorities.

 The Government of Saint Lucia announces that liquor licenses are suspended as of Wednesday 20th January 2021, which will prohibit the sale and consumption of alcohol at supermarkets, minimarts, grocery shops, gas stations, restaurants and bars, and other licensed operators.

Kwasi Thompson, Minister of State for Finance of Bahamas, joined in the Canada-Bahamas Virtual Business Mission with The High Commission of Canada.