UNITED NATIONS – Over the decades, representatives of Small Island Developing States (SIDS) have come to the United Nations General Assembly to state the case for fairer treatment of their developmental needs and challenges by the international community, but Caribbean Community (CARICOM) countries made their feelings strongly known, during the just-concluded 79th Session of the UN General Assembly Debate, that SIDS continue to be “severely disadvantaged by an unfair global financial system.”
CASTRIES, St. Lucia – The new minimum livable wage came into effect on Tuesday, with Prime Minister Phillip J Pierre urging members of the business community ”to give their best in the exercise of their work duties.
NEW YORK, New York – Haiti has become the 12th Caribbean Community (CARICOM) member state to accede to the partnership agreement between CARICOM countries and African Export-Import Bank (Afreximbank).
SANTIAGO, Chile – Caribbean Community (CARICOM) countries will be represented at the biennial meeting of the Economic Commission for Latin America and the Caribbean (ECLAC) that takes place early next month in Peru.
KINGSTON, Jamaica – The Financial Services Commission (FSC), says the embattled Stocks and Securities Limited (SSL) will pay out an estimated US$30 million to its clients who have been waiting more than one year to collect on their investments.
KINGSTOWN, St. Vincent – Canada is providing funding for a project aimed at rebuilding infrastructure and recovery support of the seamoss industry in St. Vincent following the passage of Hurricane Beryl in July.
NEW YORK, New York – President Chandrikapersad Santokhi says Suriname is open for foreign investment as he urged members of the Surinamese diaspora to take advantage of the situation.
WASHINGTON, DC – The Inter-American Development Bank (IDB) last year provided US$7.5 billion in climate finance to Latin American and Caribbean countries as multilateral development banks (MDBs) Friday announced that their global climate finance reached a record high of US$125 billion in 2023.
CASTRIES, St. Lucia – Parliament has given the green light to legislation providing a legal framework for individuals facing financial difficulties to renegotiate their debt obligations with creditors through structured proposals.
ROSEAU, Dominica - Dominica has signed a US$41 million loan agreement with the Saudi Fund for Development (SFD) for a project aimed at enhancing the capital, Roseau, and which the government said will play a major role in the future socio-economic development of the island.
GEORGETOWN, Guyana – The government of Guyana is seeking to expand its current trade and economic activities with the United States to bolster several key sectors here.
PORT OF SPAIN, Trinidad – International credit rating agency, Standard and Poor (S&P) has affirmed Trinidad and Tobago’s credit rating at BBB-, an Investment Grade Rating reflective of the country’s credit strength.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) is calling on countries in the region to scale up and improve productive development policies (PDPs) that would foster the productive transformation and growth in productivity of their economies.
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