PORT OF SPAIN, Trinidad – The Trinidad and Tobago government is predicting an increase in the average natural gas output for this year confirming an increased output in July and August, after the output plunged in June.
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KINGSTOWN, St. Vincent – The Government of St. Vincent and the Grenadines received 10.1% more in revenue and grants at the end of July while total expenditure had increased 15.6% compared to the same period last year.
GEORGETOWN, Guyana – Guyana’s Gross Domestic Product (GDP) is estimated to have grown by 49.7 per cent in the first half of 2024. This includes oil and gas revenues.
RIYADH, Saudi Arabia – A senior official of the Latin American and Caribbean Development Bank (CAF), Ignacio Coronazole, Hughes, says it intends to play a greater role in the socio-economic development of the Caribbean and is moving to expand its presence in the region.
GEORGETOWN, Guyana – The Trinidad-based company, NAMALCO, and the locally-based Guyamerica Construction Inc, Wednesday signed the US$161 million contract for the reconstruction of the new Soesdyke-Linden Highway that the government says will include several features aimed at improving road safety.
PORT AU PRINCE, Haiti – Haiti has signed an agreement with Taiwan that will result in efforts to increase and improve rice production in the country.
HAMILTON, Bermuda - The Bermuda government is seeking legal advice over the operation of a ridesharing app that is being launched here as well as in several other Caribbean countries.
BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) says it is providing a US$1.4 million grant to the Jamaica government for an initiative aimed at enhancing climate resilience and infrastructure along the Kingston Harbour Walk (KHW).
KINGSTON, Jamaica – The Bank of Jamaica (BOJ) says it has “unanimously” agreed to reduce the policy rate by 25 basis points (bps) to 6.75 per cent per annum, effective this Wednesday.
KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) says its survey has found that the number of job placements facilitated locally through the Ministry of Labour and Social Security’s Electronic Labour Exchange (ELE) grew by 40.7 per cent to 1,397 in 2023, compared with the previous year.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) Tuesday said that the region’s economies will expand by 1.8 per cent this year and 2.3 per cent in 2025.
BRIDGETOWN, Barbados – It’s an ambitious project, but don’t tell that to Dr. Hyginus ‘Gene’ Leon, the St. Lucian-born economist, who is leading a visionary effort in establishing the Development Bank for Resilient Prosperity Initiative (DBRP).
GEORGETOWN, Guyana – The International Building Exposition 2024 opened here on Thursday night with the private sector saying it provides an opportunity to engage with global patterns, explore cutting-edge technologies, while the government used the occasion to highlight major expansions and development in the housing and construction sectors.
