Search Results for: Caribbean
10 results out of 348 results found for 'Caribbean'.
CENTRAL AMERICA MARKET REPORT
MEXICO and central America are often regarding as manufacturing centres for the USA, the world’s largest personal care product country. And while it remains true that brands take advantage of lower costs in these countries to make competitive exports, Mexico (population 122 million) and the seven countries of central America (Belize, Costa Rica, El Salvador, Nicaragua, Guatemala, Honduras and Panama – population 45 million) are significant markets in their own right.…
INTERNATIONAL REGULATORY ROUND UP – EU SUGAR INDUSTRY WANTS GLOBAL AGREEMENT LIMITING SUBSIDIES
THE EUROPEAN Association of Sugar Producers (CEFS) and the European Federation of Trade Unions in the Food, Agriculture and Tourism sectors (EFFAT) have called for the European Union (EU) to push for a global agreement ending all subsidies and other trade-distorting policies affecting the sugar sector.…
CLAIMS OF MASSIVE CORRUPTION IN TURKS & CAICOS ISLANDS AIRED IN COURT
Claims of massive corruption in the sun-soaked Turks & Caicos Islands (TCI) are finally being aired in court. More than six years after investigators declared endemic malfeasance had brought the UK overseas territory to the brink of bankruptcy, its flamboyant former Premier Michael Misick is on trial accused of enriching himself by USD28 million.…
TRINIDAD CNG CONVERSION PROGRAMME TO TAKE ADVANTAGE OF CHEAP NATURAL GAS
Thanks to the introduction of a tax incentive scheme launched by the government of Trinidad & Tobago, auto converters and dealers in the country are increasingly talking up Compressed Natural Gas (CNG) as a clean auto fuel for vehicles on the twin island Caribbean state.…
FIFA SAYS IT’S THE VICTIM AS MASSIVE GRAFT SCANDAL EXPLODES
World football’s governing body FIFA – Fédération Internationale de Football Association – has claimed it is the victim following the arrests of 14 officials in Zurich on May 27, before its latest annual congress. The Office of the Attorney General of Switzerland (OAG), which made the arrests for its US counterpart, also announced it had opened its own separate case.…
COLOMBIA FACES THRIVING SMUGGLING TRADE IN BIO-BASED OILS AND FATS
Colombia’s bio-based oils and fats sector is seeing industry profits siphoned off by criminal networks thanks to a contraband smuggling boom linked to illegal armed groups, organised crime and money laundering.
Contraband smuggling in Colombia has evolved into a sophisticated criminal business worth USD6 billion a year, according to the estimates of the Colombian National Tax and Customs Directorate (DIAN – Dirección de Impuestos y Aduanas Nacionales), and has become one of the principal threats facing national industries.…
US-CUBA LIBERALISATION OFFERS PROSPECTS FOR AMERICAN AUTO SECTOR, BUT NOT ANY TIME SOON
The recent moves towards loosening trade and diplomatic relations between the US and Cuba has provided a source of cautious optimism within the American auto industry.
President Barack Obama has been loosening the 54-year trade restrictions after announcing a policy u-turn on December 17 last year, but only Congress, controlled by Republicans, can actually lift the economic embargo entirely.…
ANTIGUA ACCOUNTANT SAYS CARIBBEAN FINANCIAL REPORTING STANDARDS ARE RISING
Antigua-based accountant Laura Lyn, who trained as a CPA in Florida and has 20 years’ experience in finance, said accounting and auditing standards had seen much improvement in the region in recent years. Better skilled accountants, she said, were having a positive impact on the financial management standards of Caribbean public bodies and government departments generally.…
CENTRAL AMERICA RAISES ITS AML/CFT GAME, BUT HAS MUCH WORK AHEAD
Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.
The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…
BULK OF US BEEF INDUSTRY LEVY INVESTMENT IN 2015 TO PROMOTE DOMESTIC BEEF SALES
THE CATTLEMEN’S Beef Promotion and Research Board in the USA will spend USD10.5 million of its USD39 million investments planned for the fiscal year of October 1, 2014-2015 to promote beef sales in its domestic market.
The goal of this consumer information campaign is to “improve domestic preference for beef by educating consumers about things like beef safety, nutrition and health, convenience, taste and value,” the board’s communications manager Diane Henderson told globalmeatnews.com.…