Tag Archives: caribbean

Barbados regulators monitoring millions linked to international money laundering probe

BRIDGETOWN, Barbados, May 17, CMC – Financial regulators in Barbados are monitoring suspicious financial transactions involving millions of dollars allegedly linked to funds misappropriated from Malaysia’s state-owned 1Malaysia Development Berhad (1MDB). According to Barbados Today, the Central Bank of Barbados and the Financial Services Commission (FSC) confirmed they are tracking developments after the Malaysian Anti-Corruption […]

Guyana establishes national taskforce to improve mathematics performance

GEORGETOWN, Guyana, May 17, CMC – The Ministry of Education has established a National Mathematics Taskforce aimed at improving mathematics performance across schools nationwide and developing a long-term strategy to strengthen how the subject is taught.   Sonia Parag Education Minister Sonia Parag announced the initiative during the taskforce’s first meeting at the National Centre […]

Guyana: Airport solar project to save US$800,000 every year

GEORGETOWN, Guyana, May 16, CMC – A three-megawatt grid-tied solar photovoltaic plant to be installed at the Cheddi Jagan International Airport is expected to save approximately US$800,000 annually in electricity costs when completed in June 2027. Chief Executive Officer of the Guyana Energy Agency, Dr Mahender Sharma, said the facility will generate electricity to offset […]

Powerful 6.0 earthquake rattles Eastern Caribbean

ST JOHN’s, Antigua, May 16, CMC -Residents across Antigua and Barbuda have been describing scenes after a powerful earthquake struck northeast of the country on Saturday morning. According to the Seismic Research Centre (SRC) of the University of the West Indies, the earthquake occurred (local time) at a depth of 31 kilometres. Preliminary data placed […]

Republic Bank’s ‘Five for Fun’ cricket celebrates four years of developing young stars in St. Kitts & Nevis

BASSETERRE, St. Kitts, May 15, CMC – What started as a grassroots development programme has now become a proven pathway to regional glory. Republic Bank’s ‘Five for Fun’ Cricket officially launched its fourth edition on Thursday at the bank’s Fort Street branch, marking four years of shaping the future of West Indies cricket. The ceremony drew […]