by Natalie Moodey | Jul 31, 2026 | Caribbean news
US firm awarded US$12mn contract to upgrade Jamaica’s tax administration system. Tax Administration Jamaica (TAJ) has awarded a sole-source contract worth approximately US$11.7mn to US-based Fast Enterprises LLC to upgrade its Revenue Administration Information...
by Natalie Moodey | Jul 30, 2026 | Caribbean news
The tax authority (DGII) plans to strengthen oversight of tax-exempt non-profit organisations and shell companies amid concerns they are being used to evade taxes. Director Pedro Urrutia said the agency will increase audits, monitor asset acquisitions and...
by Natalie Moodey | Jul 26, 2026 | Caribbean news
Trinidad and Tobago has successfully raised US$800mn through a sovereign bond issue in the US market, securing what the Government has described as a landmark financing transaction that attracted exceptionally strong investor demand. According to the Ministry...
by Natalie Moodey | Jun 8, 2026 | Caribbean news
Butterfield to acquire CIBC Caribbean in US$1.8bn deal The Caribbean banking landscape is poised for one of its most significant transformations in decades following an agreement by Bermuda-based Butterfield to acquire Canadian Imperial Bank of Commerce’s (CIBC)...
by Natalie Moodey | May 14, 2026 | Caribbean news
Moody’s raises Bahamas credit rating as fiscal outlook strengthens. International credit ratings agency Moody’s has upgraded The Bahamas to Ba3 from B1, citing improved fiscal performance, stronger liquidity, and more stable financing, supported by tourism growth,...
by Natalie Moodey | May 12, 2026 | Caribbean news
After years of relying on foreign direct investment, buttressed by a robust tourism sector and prudent fiscal management, the Turks and Caicos Islands government has officially signalled a fundamental shift in fiscal policy as Premier Washington Misick announced...
