1:00 PM Miami – Cruise arrivals in Caribbean rebounded as tourists take advantage of bargains and loosen purse strings. Bahamas attracted 22% of 18.4 million arrivals as total visitors to the region increase 8% in the year.
1:30 PM Miami – Caribbean tourism has been on the rebound but unemployment in the region has stubbornly remained high. Governments have not been able to escape the spiral of debt and allocating resources to projects that only create low paying jobs.
10:20 AM Miami – The Caribbean region relies for most of its electricity and fuel needs on crude oil and derived prodcuts. The region has imported refined products for most of the last century. With the availabilities of cheaper refineries from Asia, the region can become a hub for the storage and exports of crude […]
Infrastructure development financing was one of the hottest topics at a gathering of Caribbean leaders this week in Miami, Florida. Six heads of states and various ministers from several islands gathered at the second bi-annual Island Infrastructure Summit organized by KPMG Bermuda.