Daily News

– From increased productivity to overall competitiveness, entrepreneurs should probably get comfortable with AI By BDC It seems like everyone these days is talking about ChatGPT, the artificial intelligence (AI) chatbot developed by Open AI, a San Francisco research laboratory. Released in November 2022, it reached over 100 million users in its first two months, making it the fastest-growing online application ever made. So, what’s the fuss all about? Unlike other natural language processing technologies, like the voice assistant in your phone, ChatGPT goes far beyond simple […]

By Government Press Office | BELIZE BELMOPAN, Belize – Dr Osmond Martinez, chief executive officer in the ministry of economic development, and Valentino Shal, chief executive officer in the ministry of rural transformation, community development, labour, and local government, represented Belize at the Caribbean Development Bank’s (CDB) 53rd annual meeting of the board of governors in Saint Lucia. The CEOs represented Belize as temporary alternate governor and temporary alternate director, respectively. The annual meeting is being held under the theme, “Marshalling […]

By Sherika Hall KINGSTON, Jamaica, (GIS) – A ‘4E’ strategy has been developed by the Trade Board Limited (TBL) to identify and resolve issues surrounding Jamaica’s exports. Trade administrator and TBL chief executive officer, Dr Major (Ret’d) Hugh Blake, says this is among the strategies that are being pursued by the agency to support the country’s export growth. He was speaking at a recent seminar at the University of the West Indies (UWI) regional headquarters in St Andrew, which provided […]

WASHINGTON, USA – The Dominican Republic donated today to the Columbus Library the first part of the digitalization project of the historical archive of the Permanent Council of the Organization of American States (OAS), during a ceremony held at the headquarters of the hemispheric institution in Washington, DC. The minister of foreign affairs of the Dominican Republic, Roberto Álvarez, highlighted the historical value of the Library and emphasized that “this act symbolizes a joint effort between the ministry of foreign […]

By Rina Bhattacharya, Dmitry Vasilyev, and Mauricio Villafuerte Latin America and the Caribbean (LAC) are at the forefront of digital money adoption, offering valuable lessons for the rest of the world. While El Salvador has made headlines by granting legal tender status to Bitcoin, other LAC countries have made significant strides in the introduction of central bank digital currencies (CBDCs) to either enhance financial inclusion and payment systems’ resilience or lower cross-border remittances’ costs, as our recent research shows. The Bahamas pioneered the introduction […]

By Caribbean News Global USA / ECUADOR – In a ceremony held at its embassy in Washington, DC., the Republic of Ecuador became the 26th nation to sign the Artemis Accords, demonstrating its commitment to sustainable and transparent space activity. The office of the spokesperson at the US Department of State, in a press release, said: “Minister of foreign affairs Gustavo Manrique signed on behalf of Ecuador, which is the third South American nation to join. Valda Vikmanis-Keller, director of […]

CASTRIES, St Lucia – The Caribbean is uniquely placed to bridge solutions between international communities and chart a pathway forward in pioneering innovative finance approaches on climate change, executive secretary of the United Nations Framework Convention on Climate Change, (UNFCCC), Simon Stiell has said. Stiell was speaking as he delivered the 2023 William G. Demas Memorial Lecture at the Caribbean Development Bank’s (CDB) 53rd annual meeting in Saint Lucia on Tuesday, June 20, 2023. The thematic emphasis of the Lecture […]

ARVA, Ontario–(BUSINESS WIRE)–Arva Flour Mills, North America’s oldest continuously operating commercial flour mill, is pleased to announce the acquisition of the Full of Beans Gluten Free Brand on January 1, 2023. “The Mill” plans to launch the Gluten Free line under the Arva Flour Mills brand in June at their retail store, and online at www.arvaflourmill.com. Further plans to distribute the Arva Flour Mills Gluten Free brand into other retail locations are projected for this Summer. “Since acquiring Arva Flour […]

AMSTERDAM–(BUSINESS WIRE)–#amsterdambusiness–H.E. Saif Jaffair Markhan Alketbi expressed his strong interest in acquiring Fortenova Group MidCo. B.V. for a fair price in his letter to international investment bank Lazard on June 16, 2023. This equates to an interest in acquiring all valuable assets in Fortenova as a company, and represents a dramatic last-minute intervention to prevent Fortenova from being unfairly acquired on the cheap, and to protect an iconic Croatian company’s long-term interests. Lazard has been previously engaged by Fortenova Grupa […]