Venezuela, Guatemala and the Dominican Republic are Latin America’s three least democratically developed countries, according to a report by Latin American political consulting company, Polilat, which measures the institutional, political and economic stability of the region and reveals an average fall of 3% in the South American continent and countries/islands in this area. According to […]
Author Archives: CBM
According to the United Nations, an increase in the average income of the population has resulted in a reduction of poverty levels by 1.2% in Costa Rica. Research conducted by the National Statistics and Census Institute, demonstrates that the change translates to 10,350 families who are no longer considered poor, raising the number of Costa […]
The Brazilian Ministry of National Education announced that in the framework of bilateral cooperation between Haiti and Brazil, the two governments signed a memorandum of understanding to strengthen technical cooperation in the field of vocational training. Training and qualification of technical personnel, project monitoring and evaluation, preparation of specific studies and detachment of experts are […]
The recently announced acquisition of SFT Bank by Vidanova has actually been in the works for over a year. On January 1, 2016, Vidanova became a 67% shareholder in SFT Bank in an effort to align the two companies, and exactly one year later, they sealed the deal with the purchase of a further 14% […]
International Monetary Fund, (IMF), Deputy Managing Director, Tao Zhang, stated that the current global financial situation, with its low interest rates, provides an opportunity for Caribbean countries to pursue adjustment, undertake liability management to lower financing costs, reduce debts to safer levels and facilitate lending. This will all contribute to a renewed balanced growth. During […]
Dutch consumer product giant, Unilever, is the largest foreign company to establish itself in Cuba. With the recent move to open up the Cuban economy to foreign investors, the government has created a special economic development zone at the Cuban port of Mariel that is intended to attract foreign investment. Unilever broke ground on a […]
Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance and LAFTA reports, Panama remains one of Latin America’s fastest growing economies. With its history of low inflation, this is a trend set to continue in the coming years with the IMF forecasting average annual growth of around 6.5% […]
In Curaçao, there is scarcely anyone who has not heard of Nena Sanchez. She has become a household name synonymous with bright colors, joy, happiness, and all that is Curaçao. And those who know her personally can testify that that is exactly who Nena is. She is a proud “Yu di Korsou”, a self-made artist, […]
Are you a Curaçao company that is looking to increase your online presence? If you own a business in Curaçao, big or small, whether you have a website or not, you can get FREE EXPOSURE on the Chamber’s export website, the Curaçao Business Point, (www.curacaobusinesspoint.com). Listing your company on the website gives you the free […]
When thinking of expanding your business beyond our shores, the big question is, where do you start? As islands in the Caribbean we are dependent upon regional cooperation. The Dutch Kingdom embassies in the region are there to help Curaçao businesses with questions related to export or trade. The embassies are part of the Kingdom […]