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Latest News & Insight from the Region
Offering unrivalled business intelligence for the Caribbean, Central America ans Northern Latin America. We assist our clients in navigating business across 37 jurisdictions.
US firm awarded US$12mn contract to upgrade Jamaica’s tax administration system
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...
DR Government to tighten non-profit exemptions system
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...
Trinidad issues US$800mn sovereign bond in US market
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...
Butterfield to acquire CIBC Caribbean in US$1.8bn deal
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)...
Moody’s raises Bahamas credit rating
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,...
TCI Premier Misick presents $550m budget
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...
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Offering unrivalled business intelligence for the Caribbean, Central America and Northern Latin America. We assist our clients in navigating business across 37 jurisdictions.