PARIS, France – The Paris-based International Chamber of Commerce (ICC) Friday gave the green light to the US-based oil company, Chevron to buy into one of the world’s most valuable oil development in the Caribbean country of Guyana, which holds more than 11 billion barrels of oil and is considered one of the most lucrative and fastest growing in the world.

WASHINGTON, DC – After remarkable recovery following the COVID-19 pandemic, an International Monetary Fund (IMF) team has predicted “subdued growth” in the near term for Belize.

BRIDGETOWN, Barbados - Caribbean Community (CARICOM) countries now have an additional US$1.5 billion in financing available to them after Jamaica became the latest country to accede to the partnership agreement between CARICOM and the Egypt-based African Export-Import Bank (Afreximbank).

GEORGETOWN, Guyana – The United States Ambassador to Guyana, Nicole Theriot, on Wednesday said the longstanding ban on Guyana’s catfish exports to the United States is moving closer to being resolved.

KINGSTON, Jamaica – Jamaica has been removed from the European Union’s list of high-risk third countries for anti-money laundering and counter-terrorism financing.

PORT OF SPAIN, Trinidad – The US-based oil and gas company, Predator Oil & Gas Holdings (Predator), with hydrocarbon operations and production activities focused on Morocco and Trinidad says it has experienced some short-term delays in the acquisition of Challenger Energy Group’s (CEG) operations in Trinidad and Tobago.

KINGSTON, Jamaica – The telecommunications company, Digicel, Tuesday announced the immediate closure of its Caribbean-wide news platform, Loop News, and plans to wind down the regional sports broadcaster SportsMax by August 8.

ST. JOHN’S, Antigua - The Antigua and Barbuda government is defending its decision to transfer and redevelop the Jolly Beach Hotel as part of the efforts to ensure the long-term sustainability of the country’s National Social Security Scheme (NSSS).

GEORGE TOWN, Cayman Islands – The Cayman Islands recorded a more than eight percent cent growth in imports last year over the 2023 figure, according to the Cayman Islands Annual Foreign Trade Statistics Report 2024 released here.

KINGSTON, Jamaica – The UK based company – United Oil & Gas is reportedly experiencing significant cash flow problems and needs a partner in order to conduct oil exploration in Jamaica.

SEVILLE, Spain - The Economic Commission for Latin America and the Caribbean (ECLAC) says Latin America and the Caribbean countries, the majority of which are classified as middle-income, face growing challenges that require a reformulation of the criteria and mechanisms that govern the conditions for accessing financing and international development cooperation.

KINGSTON, Jamaica – Science, Energy, Telecommunications and Transport Minister, Daryl Vaz, Tuesday said that the government may not be willing to renew the all-island license with the Jamaica Public Service’s (JPS) to supply electricity without re-negotiation of the current terms.