BELIZE-TRADE- Belize announces alteration of import duties on condensed milk imported into CARICOM
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Caribbean Travel News And Deals
Black Immigrant Daily News
News Americas, NEW YORK, NY, Fri. Jan. 13, 2023: Here are the top Caribbean travel news and deals this week in 60 seconds.
Crimes in The Bahamas, Jamaica, Belize, The Dominican Republic, Guyana and Trinidad and Tobago are keeping them on the Canadian Travel advisory list which warns all Canadians to exercise a high level of caution if travelling to any of the six.
Beginning on April 6, 2023 JetBlue will add two additional flights from John F. Kennedy International Airport to Curacao, increasing the non-stop route from three days a week to five days. The roundtrip routes will be available on a Monday, Thursday, Friday, Saturday, and Sunday rotation.
From Feb. 15th, Cape Air is launching new flights between St Thomas, US Virgin Islands and Nevis. The new service will operate daily, along with a pair of flights on Sunday.
And American Airlines this week launched a second daily nonstop flight to the island from Miami, making it two flights per week. The first departs Miami at 10:05 AM, arriving in St Kitts at 2:12 PM. The later flight departs at 12:05 PM, arriving in St Kitts at 4:04 PM.
Air Canada is offering Flight & Hotel packages from Toronto to St. Lucia, Curacao and Grenada. Choose from 7 months but make sure to book four months in advance for deals starting at around $1,500 with 1st checked bag free. Book at https://vacations.aircanada.com/.
Spend Feb 28 – Mar 7 in the DR for 7 nights. Get hotel and a roundtrip ticket plus taxes & fees from Atlanta to San Domingo for US $568 on Expedia HERE
Or stay at The Breeze USVI from Mar 30 – Apr 4. Fly from Boston to St. Thomas for $1,108. That includes airfare, room plus taxes & fees. Get it now on Expedia HERE
Celebrity Cruises is offering up a deal you can’t refuse. Available now through March 1, 2023, travelers can enjoy a massive 75% off their second guest’s cruise fare, save up to an additional $800 per stateroom, and get up to $800 to spend on board. The offer is applicable on most cruises sailing now through April 30, 2025, and easily bookable at celebrity.com.
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CARIBBEAN-FINANCE-New IDB president outlines his vision
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JAMAICA-FINANCE-PM says Jamaica continues to experience strong economic growth
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ANTIGUA-FINANCE-Bank denies preventing customers from accessing their accounts
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ST. VINCENT-BUDGET-Parliament approves national budget after debate like ‘arguing against jello’
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Invest Caribbean Unlocks More Capital Sources For Caribbean, US, Latin American Companies In 2023
Black Immigrant Daily News
News Americas, NEW YORK, NY, Fri. Jan. 13, 2023: The Caribbean and Latin America is home to a vibrant and diverse business community but accessing capital can be a challenge for many business owners and project developers. But Invest Caribbean, the global private sector investment agency of the Caribbean, is kicking off 2023 with more capital sources for many business owners and project developers in the region and the U.S. under one roof.
“Post pandemic, ICN has expanded its capital sources through major partnerships across the Caribbean, Latin America and the US to give qualified businesses and developers ease of access to multiple sources of capital in varied sectors across these regions by connecting with one agency,” said Felicia J. Persaud, founder of ICN.
“Our one stop business solutions service is unprecedented in this region where more and more, there is the emergence of multiple talk shops but little real solutions to foster growth and access to capital. ICN is focused on partnerships to help ease the burden of lack of access to capital in this region and make it easier for companies and developers to focus on doing what they do best – expand and grow,” Persaud added.
Financing is now available across most of the region and US for loans and equity for existing companies seeking to expand in the sectors of:
Commercial Real Estate
Export loans
Manufacturing/Distribution
Consumer Retail/Food & Beverage
Agriculture And Food Security
Financial Services
Information Technology
Renewable And Fossil Fuel Energy
Healthcare, Mining
Biotech
Mining
Marijuana Real Estate – Land, Commercial Buildings, Dispensary.
OPTIONS
Options include:
Micro to small business loans for existing businesses Jamaica.
Access SME business loans from US$1,000 in the US including equipment loans from USD 5,000 and SBA and real estate loans from US$25,000.
Commercial loans and equity for Caribbean entities poised to expand and grow in sectors of commercial real estate, export loans, manufacturing/distribution, consumer retail/food & beverage, agriculture and food security, financial services, information technology, renewable and fossil fuel energy, healthcare.
Commercial real estate and business loans in the US market especially in health care, manufacturing, and logistics.
Commercial and residential mortgage loans for persons and entities in the Cayman Islands.
Expansion capital for medium sized companies in Puerto Rico looking to expand.
Long term agricultural expansion loans in the US, Caribbean and Latin America for mid-sized companies that are seeking to expand or improve processing & handling facilities; dry & refrigerated storage facilities; transportation & distribution; export production capacity or port infrastructure.
PRE-QUALIFICATION
For major loans and equity consideration for all of our products, companies must be in business for at least three years and have audited financials.
OTHER SERVICES
Additionally, ICN is able to help companies seeking bridge capital in the real estate sector; financial institutions and governments seeking bond market raises and loans and M&A deals.
ICN also offers one-on-one business consultancies and marketing solutions via monthly subscriptions to help a business grow digitally or prepare for a capital raise.
See all service options now available from Invest Caribbean HERE
For questions on how ICN can help, connect today.
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Usain Bolt Missing Millions Of Dollars From His Investment Account
Black Immigrant Daily News
The content originally appeared on: Urban Islandz
A former employee is being investigated by the Jamaica Constabulary Force for millions of dollars going missing from Sprint legend Usain Bolt’s investment account at a local company in Kingston.
On Thursday, the Jamaica Gleaner reported that the Sprinter’s stock and investments portfolio with a company named Stocks and Securities Limited had been tampered with, and the sprinter-turned-producer is now missing millions from his account.
Usain Bolt’s manager and best friend Nugent Walker told local media that the former athlete only found out about the missing money on Wednesday. He has not revealed how much money is missing, but the police have launched an investigation while one suspect, a former employee fired for fraud, has been implicated.
Reports on Thursday are that SSL called the police while the employee has reportedly retained the services of an attorney.
“All the relevant steps have been taken to come to the bottom of this,” Walker said as he pointed out that Financial Investigations Division (FID) and Financial Services Commission (FSC) has been made aware of the incident.
In the meantime, Walker said that Bolt has held an investment account with SSL for more than ten years, and the entire portfolio is being reviewed to see if there are more discrepancies.
In the meantime, the unidentified employee is said to be implicated in a massive fraud at the investment company that has a good reputation locally. That fraud also involves Bolt’s accounts. The employee is being represented by Attorney-at-law Tamika Harris, who told the Gleaner, “My client is in discussion with SSL and the lawyers representing SSL.”
The talks are said to be in their second week, the attorney said.
Usain Bolt is a four-time Olympic champion and has scored endorsement deals from the likes of Puma, Nike, and Gatorade. In 2013, he was named the seventh highest-paid athlete by endorsements. His current endorsements include Mumm, Hublot, and others.
Usain Bolt has not publicly addressed the development, but the artist’s fans speculated that many of his endorsement deals and his earnings as an Olympic athlete may well be part of that investment portfolio.
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