NASSAU, Bahamas, CMC – The Bahamas says it will spend an estimated US$200 million acquiring nine medium-to-long range vessels to augment the Royal Bahamas Defence Force’s (RBDF) fleet. National Security Minister Dr. Bernard J. Nottage says he has signed a Letter of Intent with the Netherlands-based ...

BRADES, Montserrat, CMC - Montserrat has signed a Memorandum of Understanding (MoU) with the United Kingdom Department for Transport (DfT) as it seeks to put in place international standards for the regulation of the maritime industry. Montserrat is a member of the British Red Ensign Group and opera...

PORT OF SPAIN, Trinidad - The World Bank, under the leadership of President Jim Yong Kim, has focused attention on the ambitious and demanding work to eliminate extreme poverty in the world's population by 2030 and to increase the income of the poorest 40 per cent in order to promote shared prosperi...

KINGSTON, Jamaica, CMC – Jamaica says it will receive assistance from a university in the United States to develop the research capacity of the local agricultural sector. Agriculture Minister Roger Clarke said a delegation from the Florida Agricultural and Mechanical University has arrived here for ...

PORT OF SPAIN, Trinidad, CMC - The European Union is providing an Euro 8.6 million (One Euro = US$1.29) grant to support a project to improve Caribbean food security in the context of climate change. The project is being conducted in Belize, Barbados, St. Kitts and Nevis and Trinidad and Tobago and ...

KINGSTON, Jamaica, CMC - Jamaica has imposed additional duties on lube oil product from Trinidad and Tobago, accusing the oil rich twin island republic of engaging in a scheme to circumvent the rules of origin in the Treaty of Chaguaramas, governing the Caribbean Community (CARICOM). Industry, Inve...

St. John’s Antigua- One trade dispute before the World Trade Organization (WTO) is enough for Antigua & Barbuda; the nation will not be party to the escalating rum row brewing between regional distributors and the US. This revelation is coming from OECS Commissioner, Ambassador Colin Murdoch. “No, A...

PORT OF SPAIN, Trinidad - Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline? Can Caricom, as a group of struggling economies, continue to have half a dozen national airlines, all of them losing hundreds...

KINGSTON, Jamaica - Until now, the debate about Jamaica's relationship with the Caribbean Community (CARICOM) has been emotive and huffing. The core of the issue is Jamaica's near US$1 billion trade deficit with the community, the bulk of which is with Trinidad and Tobago. Jamaica mostly place the b...

PORT OF SPAIN, Trinidad - Proper governance structures need to be in place at all enterprises funded by taxpayers, including one like Caribbean Airlines (CAL), to avoid situations where these companies have to write off major debts, business leaders have said. “In the private sector, you can&r...