GEORGETOWN, Guyana – The President of ExxonMobil Guyana Alistair Routledge has announced that plans are on stream to have the Prosperity Floating, Production, Storage and Offloading (FPSO) vessel commence operations later this year as part of the Payara Field Development Project in the Stabroek Block.
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ST. GEORGE’S, Grenada – Grenada Co-operative Bank Limited (GCBL) on Friday took over the operations of FirstCaribbean International Bank Limited (FirstCaribbean) following approval from the St. Kitts-based Eastern Caribbean Central Bank (ECCB).
PARAMARIBO, Suriname – The governor of Suriname has reached an agreement with the International Monetary Fund (IMF) about resuming the monetary institution’s US$ 690 million financial aid program.
NASSAU, Bahamas – The Central bank of the Bahamas (CBB) says the robust recovery of the Bahamian economy was sustained in 2022, underpinned by the further rebound in tourism and steady stimulus from foreign direct investments.
GEORGETOWN, Guyana – Oil company, ExxonMobil Guyana says it has injected more than GUY$80 billion into the local economy as the government this week approved its 2023 plan, as well as providing a certificate for complying with its local content plan last year.
ST. JOHN’S, Antigua – The Antigua and Barbuda government says the LIAT 2020 will operate on a viable commercial basis following its decision to enter into an agreement with Africa’s largest private carrier, Air Peace to boost investments in the new entity.
KINGSTON, Jamaica – Industry Minister Senator Aubyn Hill has called says Jamaicans should be prepared to embrace artificial intelligence (AI) as a new phenomenon, which, if properly managed, can be extremely useful.
CASTRIES, St. Lucia – The Organisation of Eastern Caribbean States (OECS) has launched a three-day Virtual Trade Exposition aimed at promoting regional trade and investment in the Eastern Caribbean.
WASHINGTON, DC – The International Monetary Fund (IMF) says economic activity in Belize has rebounded strongly from the COVID-19 pandemic after contracting by 13.4 percent in 2020.
WASHINGTON, DC – The International Monetary Fund (IMF) Friday said Trinidad and Tobago’s economic activity is recovering supported by higher global energy prices and the rebound of the non-energy sector.
KINGSTON, Jamaica – Jamaica's government is urging local manufacturers and artisans to seize the opportunity to participate in the annual Christmas in July event, saying it provides a valuable platform for small and medium-sized entities to display their locally made gifts and souvenir items to various market segments.
PARAMARIBO, Suriname – Suriname's government is considering increasing the tax-free limit for workers as Suriname continues to feel the impact of an economic crisis.
ST. GEORGE’S, Grenada – Grenada earned EC$297.6 million (One EC dollar=US$0.37 cents) in revenue and grants during the first three months of this year, a significant decline for the same period last year.