BRIDGETOWN, Barbados, Dec. 1, 2021 - Legislation that “provides a new deal for vendors” is expected to be passed in Parliament on Friday. So says Prime Minister Mia Amor Mottley as she spoke yesterday at the National Independence Awards Ceremony, where she delivered her Address to the Nation, in Golden Square Freedom Park.
The Central Bank of The Bahamas’ (CBOB) foreign reserves have grown to $2.75 billion, supported by the IMF’s allocation of special drawing rights (SDR). The Bahamas was allocated 174.8 SDRs – which converts to about US$247.5 million – at a 0.05 % interest rate. In its monthly economic report, CBOB revealed that it has used $140.2 million to bolster reserves.
The House of Representatives, on Wednesday (October 6), approved the Companies (Amendment) Act, 2021 to allow shareholder meetings to be held virtually or in a hybrid format.
Caricom Business
CARICOM SECRETARIAT, Georgetown, Guyana, October 1, 2021 - The following is a Weekly Business News Aggregation Service which has been put together as a newsletter by the CARICOM Secretariat’s Directorate of Trade & Economic Integration, under the direction of Assistant Secretary General Joseph Cox.
Caricom Business
Overall Market activity resulted from trading in 52 stocks of which 20 advanced, 21 declined and 11 traded firm. Market volume amounted to 11,341,314 units valued at over J$94,854,280.17. Sterling Investments Limited was volume leader with 5,214,980 units. The JSE Index advanced by 780.78 points ( 0.19 %) to close at 403,871.30.
AL JAZEERA - July 24, 2021 - Ben & Jerry’s ice cream said Monday it was going to stop selling its ice cream in the Israeli-occupied West Bank and East Jerusalem, saying the sales are “inconsistent with our values”.
KINGSTON,July 23, 2021 - Jamaica: The National Workers Union (NWU) says Jamaican tourism workers are being exploited to the point of slavery with their rights being marginalized and worker protection almost non-existent.
KINGSTON, Jamaica, July 9, 2021 - The Ganja Growers and Producers Association Jamaica (GGPAJ) says they have noted the statements made by members of parliaments at a recent meetings of the Public Administration and Appropriations Committee (PAAC) in Gordon House, regarding the Ganja Industry.
KINGSTON, Jamaica July 5, 2021 - The Registrar General’s Department (RGD) is reporting that all electronic birth records now feature a Civil Registration Number (CRN), a code to be used as a unique identifier in linking records of vital events.
