NASSAU, Bahamas — Prime Minister of Barbados, Mia Mottley is calling for the Caribbean banking sector to be infused with greater diversity and competition and to ensure that constraints to economic growth are confronted directly.
All Stories
NASSAU, Bahamas – Barbados Minister of Economic Affairs and Investment, Chad Blackman, says the Caribbean and Africa should start looking at trading among themselves in their respective currencies, adding that the United States and European currencies might be less dominant a decade from now.
NASSAU, Bahamas — Caribbean Community (CARICOM) finance minister and central bank governors will meet next week ahead of the annual heads of government meeting in Grenada in July to discuss using Afreximbank’s Pan-African Payment and Settlement System (PAPSS) to make trade payments in the region.
NASSAU, Bahamas - Prime Minister Phillip Davis says transforming the country’s energy sector remains a priority for his administration saying there is the need to relieve Bahamian families and businesses from the burden of high prices and unreliable electricity supply.
GEORGETOWN, Guyana – Guyana's government says it is intensifying its crackdown on nationals involving in what it in the practice of “rent-a-citizen” or “fronting” in a bid to overcome the policy of Local Content within the petroleum industry.
GEORGETOWN, Guyana - ExxonMobil Guyana Limited (EMGL), the operator and one of the coventurers in the prolific Stabroek Block offshore Guyana, netted GUY $614.6 billion (One Guyana dollar=US$0.004 cents) in profits at the end of 2023.
GEORGETOWN, Guyana – Guyana's government says it has taken firm action against a Trinidadian company that was responsible for the Western section of the Conversation Tree Road project, following prolonged delays..
PARAMARIBO, Suriname – Finance and Planning Minister, Stanley Raghoebarsing, says Suriname’s national debt fell by SRD6.5 billion (One SRD=US$0.03 cents) in the first quarter of this year compared to the last four months of 2023.
KINGSTON, Jamaica - Digicel Group Tuesday announced the activation of its subsea fibre cable, Deep Blue One, describing it as a ““significant investment” in international submarine capacity that will supercharge connectivity across the Caribbean and South America.
NASSAU, Bahamas – The Central Bank of the Bahamas (CBB) says as indicators move closer toward their medium-term growth potential, the domestic economy is expected to expand at a moderated pace in 2024.
BRIDGETOWN, Barbados - The Barbados-based Caribbean Development Bank (CDB) says it will convene a one day seminar to examine the essential imperatives for creating an enabling trade ecosystem for the region.
ST. GEORGE’S, Grenada – Grenada's government says it has recorded EC$382.2 million in revenue last year from the Citizenship by Investment (CBI) program that was recently rebranded as the Investment Migration Agency Grenada (IMA).
KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) says the economy grew by an estimated 1.9 per cent during the January to March 2024 quarter.