Economy
PM Threatens To End Permits For Foreign Bankers
Prime Minister Gaston Browne is urging banks to groom their employees to take over senior positions even as he threatens to withhold work permits...
PM says island in better position to negotiate sale of Scotiabank branch
The Antigua and Barbuda government says it is now in a better position than before after the Eastern Caribbean Central Bank (ECCB) announced last...
Globex Signs MoU with Antigua-Barbuda to build Digital Security Issuance & Trading Platform
GlobexUS Holdings has signed a Memorandum of Understanding (MoU) with the Antigua and Barbuda Ministry of Finance & Corporate Governance (MFCG). The MoU was agreed...
Digicel bonds slip as debt burden ramps up pressure on company
The price of bonds for Denis O’Brien’s Caribbean telecoms group, Digicel, slipped on Friday as it emerged that the burden of its $6.7 billion debt...
Central Bank Makes Over 30 Million Dollars In Profits
The St. Kitts-based Eastern Caribbean Central Bank (ECCB) says it has recorded a net profit of EC$32.7 million (One EC dollar=US$0.37 cents) for the...
ECCB Monetary Council to discuss sale of Scotiabank
The Monetary Council of the Eastern Caribbean Central Bank (ECCB) will discuss the sale of Scotiabank in the sub-region amid suggestions that governments of...
Antigua and Barbuda signs CARIFORUM-UK EPA with UK
Antigua and Barbuda has today signed the CARIFORUM-UK Economic Partnership Agreement (EPA), the trade continuity agreement signed between the UK and a series of...
Minister of Housing calls on International Community to assist developing states in transforming to...
Antigua and Barbuda’s Minister of Housing, Land and Urban Renewal, the Hon. Maria Browne has called on the international community and leading construction organizations...
ECCB launches new polymer notes as currency remains strong and stable
The Eastern Caribbean Central Bank (ECCB) says the Eastern Caribbean (EC) dollar remains a strong currency as it launched the new family of EC...
Gov’t Prepares To Collect Tax For University Campus
The Cabinet of Antigua and Barbuda says it made a decision to have the Inland Revenue Department (IRD) bring in a team of Forensic...
PM Concerned That US-China Trade War Could Lead To Increase Prices
Prime Minister Gaston Browne says he fears that the ongoing trade dispute between the United States and China will lead to increase in prices...
Government still maintaining position regarding sale of Scotiabank
The Antigua and Barbuda government is maintaining its position regarding the sale of Scotiabank on the island, even as it acknowledged being “informed’ of...
Government Owned Bank Makes Millions In Profit
The Caribbean Union Bank (CUB) has registered a profit of $2.9 million dollars before tax during the past fiscal year 2018, the government has...