Mutually Reinforcing Crises Have Worsened the Global Employment Divide

GENEVA (ILO News) – Mutually reinforcing crises, including rising debt levels, are disproportionately affecting developing countries, worsening the global employment divide between high-income and low-income countries and widening existing inequalities exacerbated by the COVID-19 pandemic, says a new ILO report. While global unemployment in 2023 is expected to fall below pre-pandemic levels – to 191

Continue Reading

Jamaica moves closer to cashless society with MyCash digital wallet

Jamaica is steadily moving closer to becoming a cashless society with the recent official launch of MyCash, a digital wallet by Paymaster. Minister of Science, Energy and Technology Daryl Vaz hailed the newly confirmed FinTech organisation for providing another option for accessing digital financial services. “All Jamaicans need and deserve access to digital financial services

Continue Reading

Bahamas Economy Continues to Show Crowth

The Central Bank of the Bahamas (CBB) says preliminary economic indicators suggest that the growth momentum in the domestic economy persisted during the month of January, continuing to recover from the adverse impact of the coronavirus (COVID-19) pandemic. In its monthly Economic and Financial Developments (MEFD) report, the CBB said the tourism sector output further

Continue Reading

Antigua & Barbuda to benefit from Multimillion dollar Film Industry Investment

– Advertisement – By Shermain Bique-Charles Antigua and Barbuda could benefit from a multi-million-dollar joint venture between UK  based filmmaker Philippe Martinez and Apex Capital Partners, an advisory firm specialising in Citizenship by Investment (CIP). Martinez, who owns MSR Media, anticipates that his company can invest about US$30 million in the Antiguan and Barbudan economy,

Continue Reading

Deadline looms for Jersey businesses wanting to hire Antigua and Barbuda workers

Hospitality businesses in Jersey have until Friday 17 February to register their interest in hiring staff from Antigua and Barbuda for six months.  It is part of an inter-island exchange programme where people with experience in the sector come for work.  But employers need to upload their vacancies by the deadline or risk not having the chance

Continue Reading

Guyana – India to create regional agri-tech campus to expand the agriculture sector

GEORGETOWN, Guyana, (DPI) – President, Dr Mohamed Irfaan Ali said the strong bilateral relationship between India and Guyana will continue to produce fruitful outcomes, and as part of its efforts to expand the agriculture sector, noted that a regional agri-tech campus will be created to support the regional food hub. This is in keeping with the

Continue Reading

CDB backs UWI as Caribbean Digital Transformation Epicenter

The University of the West Indies must become, and will become the digital transformation epicenter of The Caribbean. That is where we’re going.” This declaration from Vice-Chancellor of The UWI, Professor Sir Hilary Beckles was made during the project launch ceremony for The UWI-CDB Digital Transformation Programme held on Monday, February 6 at the University’s Regional Headquarters

Continue Reading