Caribbean Today News

08/07/2025

PHONIX USA powers business growth with a smart wholesale tech platform

🔹Operating from Dubai and active in more than 44 countries, Phonix USA is revolutionizing how wholesale technology is bought and sold.

🤖Thanks to our new AI-powered website, wholesale buyers can now search, compare, and quote products faster and more efficiently.

⚡With access to over 150 leading brands, Phonix USA also offers exclusive volume pricing, credit lines for resellers, and ready-to-ship stock.

Learn more about how Phonix USA is transforming B2B tech commerce:
👉 https://phonix-usa.com

08/05/2025

Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is designed to connect data centers over 60 miles (96.5 km) apart and speed artificial intelligence computation.

 Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is designed to connect data centers over 60 miles (96.5 km) apart and speed artificial intelligence computation. The company’s Jericho4 introduces and improves several features that increase the a...

08/05/2025

Banesco Banco Múltiple and Dutch development bank FMO have inked a five-year, US$40 million financing agreement to boost credit access for micro, small and medium-sized enterprises in the Dominican Republic, with special focus on women entrepreneurs, youth-led startups and green projects.

Juan José Dada, director of Financial Institutions at FMO, and Juan Carlos Carneiro, executive president of Banesco Banco Múltiple, at the signing of a US$40 million, five-year financing agreement to expand credit for women- and youth-led SMEs and green projects in the Dominican Republic Banesco B...

08/05/2025

The Trump administration will revive a contentious visa-bond requirement on August 20, demanding deposits of US$5,000, US$10,000 or US$15,000 from travelers of certain countries seeking B-1/B-2 business or tourist visas.

The Trump administration will revive a contentious visa-bond requirement on August 20, demanding deposits of US$5,000, US$10,000 or US$15,000 from travelers of certain countries seeking B-1/B-2 business or tourist visas. Targeted at nationals from states deemed to have high overstay rates and weak i...

08/05/2025

Fitch downgrading U.S. chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating.

Fitch downgrading U.S. chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating. Fitch downgraded Intel to BBB from BBB-plus, placing it just two notches shy of junk credit status. The downgrade follows...

08/02/2025

📡 TMCELL at CANTO 2025 – Showcasing Innovation Across the Caribbean

🚀 At Booth #22, TMCELL showcased an impressive portfolio of tech products — smartphones, gaming bundles, tablets, smartwatches, GPS trackers, and accessories — featuring renowned global brands like Logic, Coolpad, TCL, ZTE, Petloc8, Myloc8, Nickwatch, Lexon, Sansi, and Nsigntv.

Read more: https://caribbeantodaynews.com/2025/08/02/tmcell-successfully-participated-in-the-40th-edition-of-canto-2025/

08/01/2025

The Open Skies Agreement between the Dominican Republic and the United States is transforming the country’s aviation landscape by increasing competition and driving down airfares

The Open Skies Agreement between the Dominican Republic and the United States is transforming the country’s aviation landscape by increasing competition and driving down airfares, according to Igor Rodríguez, Director of the Dominican Civil Aviation Institute (IDAC). By reducing regulatory barrie...

08/01/2025

Arajet now leads flight activity at Las Américas and Punta Cana International Airports and is ranked as the 5th largest airline globally in terms of tourist arrivals to the Dominican Republic, according to the Ministry of Tourism (MITUR).

 Arajet transported over 531,000 passengers in the first six months of 2025, excluding transit passengers. When including more than 100,000 connecting passengers, the airline moved over 635,000 people, setting a new record for a Dominican airline in a six-month period. According to the Civil Aviati...

08/01/2025

Government and officials from the Saudi Fund for Development (SFD) have signed two development loan agreements worth USD $92.7 million, to facilitate the Polyclinic Upgrade and Refurbishment of Primary Health Care System Project, and the Urban Renewal Project in Water, Housing and Infrastructure Sector (Phase 1).

Prime Minister Mia Amor Mottley and the Saudi Fund for Development’s Chief Executive Officer, Sultan bin Abdulrahman Al-Marshad, display the signed documents following a brief ceremony at Government Headquarters yesterday. (C. Pitt/BGIS) Government and officials from the Saudi Fund for Development...

08/01/2025

Head of the Delegation of the European Union (EU) to Jamaica, Belize, and The Bahamas, Her Excellency Dr. Erja Askola, is encouraging Caribbean countries to take greater advantage of trade opportunities under the EU-Caribbean Economic Partnership Agreement.

Head of the Delegation of the European Union (EU) to Jamaica, Belize, and The Bahamas, Her Excellency Dr. Erja Askola, is encouraging Caribbean countries to take greater advantage of trade opportunities under the EU-Caribbean Economic Partnership Agreement. Speaking at the opening of the Caribbean I...

07/31/2025

Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a fast enough clip to offset any pullback in consumer spending that could throttle its retail operations

Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a fast enough clip to offset any pullback in consumer spending that could throttle its retail operations. The tech giant’s revenue likely increased 9.5% in the second quarter to ...

07/31/2025

JetBlue Airways and United Airlines have received approval from the U.S. Department of Transportation (DOT) to move forward with their strategic alliance, known as the Blue Sky partnership

JetBlue Airways and United Airlines have received approval from the U.S. Department of Transportation (DOT) to move forward with their strategic alliance, known as the Blue Sky partnership. The collaboration aims to enhance customer experience through shared services and streamlined booking. Begin...