A roundup of the latest ICT\/technology news from across the Caribbean region for the period Monday 5 December to Sunday 11 December 2022.<\/p>\n\n\n\n

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Monday, 5 December 2021<\/h3>\n\n\n\n

The FTX fiasco<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 On November 2, 2022, a news article appeared that launched a series of events that, in a matter of days, led to the mercurial meltdown of one of the world\u2019s largest cryptocurrency exchanges. Thus began the downward spiraling demise of FTX Digital Markets and its related companies worldwide\u2026 more<\/a><\/p>\n\n\n\n

The FTX meltdown<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Bahamians should fasten their seatbelts. The collapse of the FTX crypto exchange under the thirty-year-old Sam Bankman Fried and his young colleagues may turn out to be one of the biggest financial scandals in Bahamian history\u2026 more<\/a><\/p>\n\n\n\n

US Dept. of Justice wants independent FTX probe<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 The United States Department of Justice (DOJ) is seeking an independent examination of the collapse of Bahamas-headquartered FTX, according to a recent court filing\u2026 more<\/a><\/p>\n\n\n\n

Digital transformation<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 One of the most powerful strategies that a government can use to enhance communication internally and externally and promote the efficient delivery of services to its citizens is information technology\u2026 more<\/a><\/p>\n\n\n\n

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OP -Ed: Bringing Public Health to the Digital Age<\/h4>\n\n\n\n

Dominica <\/em>\u2013 The COVID-19 pandemic has left an indelible mark on our lives and on our societies. It has also reinforced the power and potential of digital technologies to advance public health\u2026 more<\/a><\/p>\n\n\n\n

Success for Dominica in telemedicine project<\/h4>\n\n\n\n

Dominica <\/em>\u2013 The A-Medic Clinic in collaboration with Dominican organizations including Optipharm Eye Centre, The All-Saints University School of Medicine, and The One Good Deed Foundation, has implemented a telemedicine project sponsored by the International Telecommunication Union (ITU), through the Connect2Recover Research Competition\u2026 more<\/a><\/p>\n\n\n\n

Trinidad and Tobago drops in 2022 Network Readiness Index<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 SINCE THE last compilation of the Network Readiness Index, TT has dropped seven places from 85 to 92. In 2020, this country was ranked at 81\u2026 more<\/a>  <\/p>\n\n\n\n

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Tuesday, 6 December 2021<\/h3>\n\n\n\n

ABED GROUP ACQUIRES MMONEY<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Abed Group, an innovation-driven family office based in Barbados, announced today that it has acquired mMoney from Bitt Digital Inc\u2026 more<\/a><\/p>\n\n\n\n

Cable Bahamas to appeal URCA fine over \u2018quality of service\u2019 investigation<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Utilities Regulation and Competition Authority (URCA) has fined Cable Bahamas 2.025 percent of its monthly recurring pay TV charges for 2021, following a \u2018quality of service\u2019 investigation into complaints of recurring outages, error messages, and pixelated channels\u2026 more<\/a><\/p>\n\n\n\n

FNM chairman queries FTX chief\u2019s local status<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Government should begin examining \u201cin a very deliberate fashion\u201d the immigration status held by embattled FTX chief, Sam Bankman-Fried, and his close associates, the FNM chairman said yesterday\u2026 more<\/a><\/p>\n\n\n\n

FTX founder \u2018still learning\u2019 what caused firm\u2019s collapse<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 DISGRACED FTX founder Sam Bankman- Fried said he is still \u201clearning\u201d and \u201creviewing\u201d what led to his company\u2019s collapse last month, adding he is not sure he will be ready to testify before Congress at a hearing in the United States next week\u2026 more<\/a><\/p>\n\n\n\n

Island Pay: Banking shift to provide \u2018significant\u2019 opportunities in digital payment space<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 A Bahamian digital payments solutions provider says that increased efforts by commercial banks to abandon their traditional brick-and-mortar locations for online payment solutions will provide  \u2018significant\u2019 opportunities in the digital payment space\u2026 more<\/a><\/p>\n\n\n\n

Open letter to the people of The Bahamas on FTX<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Dear people of The Bahamas,  It was about time that The Bahamas attorney general, Ryan Pinder, came out formally last week in his 23-minute prepared speech to give context on the FTX situation and the investigation\u2026 more<\/a><\/p>\n\n\n\n

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No Cable customer payout for bad TV<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Cable Bahamas pay-TV customers will not be compensated even though regulators found it breached both its licence terms and consumer protection regulations by delivering poor quality services in 2021\u2026 more<\/a>  <\/p>\n\n\n\n

Regulators throw out $85m Cable warning<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Regulators yesterday rejected Cable Bahamas\u2019 warning that the fine imposed on it for poor pay-TV service quality would \u201cdetract\u201d from its $85m capital investment in network infrastructure upgrades\u2026 more<\/a><\/p>\n\n\n\n

Guyana to introduce single electronic window<\/h4>\n\n\n\n

Guyana <\/em>\u2013 GUYANA on Monday tabled legislation in the National Assembly aimed at the establishment of a single window electronic processing system to increase business efficiency, as the housing and construction industries are expanding rapidly\u2026 more<\/a><\/p>\n\n\n\n

Flow partners with SRC to power Science and Technology Conference<\/h4>\n\n\n\n

Jamaica<\/em> \u2013 Flow recently collaborated with the Scientific Research Council (SRC) on its 7th Biennial Science and Technology Conference, demonstrating the underlying importance of internet access to technology, business growth and innovation\u2026 more<\/a><\/p>\n\n\n\n

Turks and Caicos Islands Regulatory Successfully Finalizes Emergency Preparedness Agreement<\/h4>\n\n\n\n

Turks and Caicos Islands<\/em> \u2013 The Turks and Caicos Islands Telecommunications Commission (TCTC) has successfully completed its Emergency Preparedness Agreement (EPA) between the Islands\u2019 network operators, Digicel and Flow\u2026 more<\/a><\/p>\n\n\n\n

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Wednesday, 7 December 2021<\/h3>\n\n\n\n

Crypto exchange OKX looking to increase staff to 100 over three years<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Economic Affairs Minister Michael Halkitis said yesterday that crypto exchange OKX remains committed to The Bahamas and is looking to increase its staff complement in this jurisdiction to roughly 100 employees over the next three years\u2026 more<\/a><\/p>\n\n\n\n

Cuba looking to liberate 700MHz band to improve 4G services<\/h4>\n\n\n\n

Cuba <\/em>\u2013 The partial transition from analog to digital television in Cuba is advancing, which will allow the 700MHz band to be liberated to expand 4G networks, according to the communications ministry\u2026 more<\/a><\/p>\n\n\n\n

Carissa Etienne | Bringing public health to the digital age<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 The COVID-19 pandemic has left an indelible mark on our lives and on our societies. It has also reinforced the power and potential of digital technologies to advance public health\u2026 more<\/a><\/p>\n\n\n\n

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St Lucia hoping for amicable solution with Digicel over impending increase<\/h4>\n\n\n\n

Saint Lucia<\/em> \u2013 The St Lucia government says telecommunication company Digicel \u201chas not followed the correct protocol\u201d after postpaid customers said they were informed of a \u201cprice adjustment\u201d\u2026 more<\/a><\/p>\n\n\n\n

TEATT set to Launch Online Business License Application.<\/h4>\n\n\n\n

Sint Maarten <\/em>\u2013 The Ministry of Tourism, Economic Affairs, Transportation & Telecommunication (TEATT), will be introducing its online business license application services on January 1st, 2023\u2026 more<\/a><\/p>\n\n\n\n

Data-driven approach to improve T&T\u2019s service sector<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 Some of the major barriers that make exporting a challenge include difficulty in accessing international markets; fierce foreign competition; lack of access to market intelligence and research; regulatory complexity; lack of knowledge of free\/foreign trade agreements; lack of access to financing, and difficulty finding trading partners\u2026 more<\/a><\/p>\n\n\n\n

High-income digital skills to consider learning in 2022<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 It’s hard not to get depressed or upset (depending on how you view it) when you see the headlines that speak of the two per cent wage increase when the Trinidad and Tobago Central Bank announced that inflation for 2022 is at 4.1 per cent\u2026 more<\/a><\/p>\n\n\n\n

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Thursday, 8 December 2021<\/h3>\n\n\n\n

Article ties Bahamas\u2019 criminal colonial past to FTX collapse <\/h4>\n\n\n\n

Bahamas <\/em>\u2013 While The Bahamas attempts to keep its reputation intact following the collapse of cryptocurrency exchange FTX, government officials can only watch as respected news media from the US disparage the country\u2019s reputation as a financial jurisdiction and one that respects the rule of law\u2026 more<\/a><\/p>\n\n\n\n

Cable targets 33,000 Nassau homes for new network in Q1<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 CABLE Bahamas is targeting 33,000 southern New Providence homes for connection to its new fibre-to-the-home network starting in the 2023 first quarter after overcoming supply chain challenges that delayed the roll-out\u2026 more<\/a><\/p>\n\n\n\n

EDITORIAL: Blaming The Bahamas instead of crypto industry<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 IN the fallout over the collapse of FTX, there has been quite a lot of talk about The Bahamas and its role in the whole affair \u2013 much of it completely unfounded\u2026 more<\/a><\/p>\n\n\n\n

FNM chairman queries FTX chief\u2019s local status<\/h4>\n\n\n\n

Bahamas <\/em>\u00ad\u2013 The Government should begin examining \u201cin a very deliberate fashion\u201d the immigration status held by embattled FTX chief, Sam Bankman-Fried, and his close associates, the FNM chairman said yesterday\u2026 more<\/a><\/p>\n\n\n\n

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The FTX fallout continuation<\/h4>\n\n\n\n

Bahamas <\/em>\u00ad\u2013 The Bahamas continues to deal with the fallout from the FTX debacle and, unfortunately, larger countries around the world are pointing fingers at The Bahamas \u2013 but is it fair and should those countries not share most of the blame?… more<\/a><\/p>\n\n\n\n

Wrong influence<\/h4>\n\n\n\n

Barbados<\/em> \u2013 Social media may be partly to blame for the rise in gun crime amongst young men\u2026 more<\/a><\/p>\n\n\n\n

5 ways content creators can make money<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 There has been a lot of talk about how content creators or influencers don\u2019t feel valued or appreciated by companies. Some have gone on to criticise the businesses that reach out to them with low offerings or freebies as \u201ccheap.\u201d\u2026 more<\/a><\/p>\n\n\n\n

Banking, finance services identified as growth area in BPO<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Market research company Technavio has released a new report on the business process outsourcing (BPO) market which projects that it will increase by US$75.89 billion at a compound annual growth rate (CAGR) of 6.5 per cent between 2023 and 2027\u2026 more<\/a><\/p>\n\n\n\n

Fully digital<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Thanks to yet another generous donation by MBJ Airports Limited, all 58 students of Flanker Primary and Infant School in Montego Bay who will be doing Primary Exit Profile (PEP) exams next year now have a better chance of success\u2026 more<\/a><\/p>\n\n\n\n

4 Trinidad and Tobago entrepreneurs attend TechBeach Retreat in Jamaica<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 Four entrepreneurs from Nudge Caribbean have been selected to attend the TechBeach Retreat Conference in Montego Bay, Jamaica, from December 8-10\u2026 more<\/a><\/p>\n\n\n\n

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CyberEye launched to help protect companies’ data<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 Protecting your data, whether personal or organisational, has just become easier with CyberEye, a cybersecurity group made up of people from tech and security firms. This group will offer people policies, processes, and technologies to manage risk as well as help them detect and respond to any digital threat\u2026 more<\/a><\/p>\n\n\n\n

Get more with Grapes Technology<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 From his office at Invaders Bay in Port of Spain, Keron Les Pierre, CEO of Grapes Technology talks about the journey that brought him among the finalists of the entrepreneurship category in the recently concluded Champions of Business Awards 2022\u2026 more<\/a><\/p>\n\n\n\n

Government rejects TSTT’s $1b bill for CCTV services<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 A multi-million-dollar security camera network aimed at giving police and other national security agencies the ability to monitor activities in cities, towns and highways has been found to be riddled with technical problems, producing footage that is is reportedly “blurred, dirty, obstructed, unclear and unstable.\u201d\u2026 more<\/a><\/p>\n\n\n\n

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Friday, 9 December 2021<\/h3>\n\n\n\n

Bahamian bank, chair under US senate scrutiny on FTX<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 A Bahamian bank and trust company, and its chairman, are coming under increasing scrutiny by US senators over their links to FTX and other entities owned by the collapsed crypto currency exchange\u2019s founder, Sam Bankman-Fried\u2026 more<\/a><\/p>\n\n\n\n

Cable to focus on FTTH rollout in 2023 after supply chain issues this year<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Cable Bahamas Limited\u2019s (CBL) fiber to the home (FTTH) rollout this year has been impeded by supply chain issues that led to equipment delivery delays, the company\u2019s President Franklyn Butler said in a statement in the company\u2019s annual report for the 2022 fiscal year\u2026 more<\/a><\/p>\n\n\n\n

Congresswoman says FTX subpoena \u2018on the table\u2019<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 US HOUSE Financial Services chair Maxine Waters dispelled reports that she is not willing to subpoena former FTX CEO Sam Bankman-Fried, stating that it is \u201cdefinitely on the table\u201d\u2026 more<\/a><\/p>\n\n\n\n

Financial expert: Bahamas must respond to unjust FTX articles<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Bahamas and Bahamians have an obligation to respond to some of the vitriolic and unjust reputational attacks that the country is being bombarded with since cryptocurrency exchange FTX collapsed and went into the hands of provisional liquidators, Principal of Next Level Solutions Limited Hubert Edwards told Guardian Business yesterday\u2026 more<\/a><\/p>\n\n\n\n

Regional expert warns of \u201cnew type of blacklist\u201d in the pipeline for The Bahamas over FTX fall-out<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 A noted regional digital currency pioneer yesterday warned that a \u201cnew type of blacklist\u201d could be \u201ccoming down the pipeline\u201d for this nation in light of the fallout from the collapse of crypto exchange FTX\u2026 more<\/a><\/p>\n\n\n\n

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Flow sales hurting from US$10m copper theft<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Telecommunications provider Flow Jamaica said that copper theft and vandalism cost it at least US$10 million, or $1.5 billion, in lost revenue this year following hundreds of incidents of vandalism, including one in St Andrew this week\u2026 more<\/a><\/p>\n\n\n\n

Recreating iCreate: Digital media firm shifts focus to thrive<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Education and training, which was the primary area of iCreate\u2019s focus when it went public nearly four three years ago, has now fallen to around 30 per cent of the business\u2026 more<\/a><\/p>\n\n\n\n

LynkBiz merchant platform launched<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Digital wallet platform Lynk has started the implement of its new merchant platform LynkBiz\u2026 more<\/a> <\/p>\n\n\n\n

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Saturday, 10 December 2022<\/h3>\n\n\n\n

The Top Career Paths for Techies<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 There are many different career paths that techies can take. Some of the top career paths for techies include becoming a software engineer, a web developer, or a database administrator\u2026 more<\/a> <\/p>\n\n\n\n

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Sunday, 11 December 2022<\/h3>\n\n\n\n

Xavier Vives | Crypto\u2019s well-worn path to crisis<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance, and even fraud in many corners\u2026 more<\/a><\/p>\n\n\n\n

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Digital ID cards, e-visa portal on the horizon \u2013 VP Jagdeo<\/h4>\n\n\n\n

Guyana <\/em>\u2013 The Government of Guyana on Friday disclosed that it intends to produce new and improved digital national identification cards as well as develop an e-visa portal to facilitate the ease of doing business here and hassle-free travel\u2026 more<\/a><\/p>\n\n\n\n

DenArthur Analytics mines data gold<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 IN an age in which data has become its own currency, Ryan Simons is sifting through multitudinous data, helping companies strike gold \u2014 or, at least, make golden decisions\u2026 more<\/a><\/p>\n\n\n\n

Dragonfly Fintech, 876 Solutions partner to speed up Carib digital banking<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 SINGAPORE-BASED Dragonfly Fintech, a core banking solution provider, and 876 Technology Solutions, a Jamaica-based managed solutions provider, recently announced a strategic partnership as part of their commitment to driving the digital evolution of banks in the Caribbean\u2026 more<\/a> <\/p>\n\n\n\n

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Images credit: wiredsmartio (Pixabay<\/a>); Wikipedia<\/a>; Bahamas Local<\/a>;; Wikipedia<\/a>; Wikimedia Commons<\/a>; Wikipedia<\/a>; Flow<\/a> (Facebook); Wikipedia<\/a><\/p>\n\n\n\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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