KINGSTON, Jamaica – The Jamaican government says it has granted a two-year extension to the London-based United Oil and Gas Plc (UOG) to continue oil and gas exploration activities in the Walton Morant Basin offshore Jamaica.
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KINGSTON, Jamaica – The Statistical Institute of Jamaica (STATIN) says Jamaica’s unemployment rate for October 2023 declined to a historic low of 4.2 per cent.
GEORGETOWN, Guyana – Natural Resources Minister, Vickram Bharrat, says the Guyana Energy Conference and Supply Chain Expo next month is becoming one of the premier energy sessions in the world and will showcase multiple sectors in the country’s economy.
WASHINGTON, DC – The International Monetary Fund (IMF) has predicted that economic growth in Latin America and the Caribbean is projected to decline from an estimated 2.5 percent in 2023 to 1.9 percent this year.
WASHINGTON, DC – The Inter-American Development Bank (IDB) Tuesday said the value of exports from Latin America and the Caribbean (LAC) contracted by 2.2 percent last year after having grown by 17 percent in 2022.
KINGSTON, Jamaica – Jamaica has announced the largest Spanish investment of over two billion US dollars that it says will create approximately 19,000 new jobs in construction and tourism services.
NASSAU, Bahamas – The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation heads to Tallahassee, Florida this week addressed the Florida Federation of Alpha Chapters’ “Alpha Day on the Hill” leadership gathering under the theme “Continuing the Legacy of Service and Advocacy in our Communities”. The event took place on 25 January at Florida Historic Capitol Museum. In a bid to boost the country’s groups business, DPM Cooper promoted The Islands of The Bahamas as an ideal destination for the fraternity’s meetings and conferences.
PORT OF SPAIN, Trinidad – Agriculture Minister Kazim Hosein says he is pleased with the rice revitalization program, saying the initiative showcases Trinidad and Tobago’s dedication to elevating local production and securing its nation’s food sovereignty.
KINGSTON, Jamaica – Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Alando Terrelonge, has issued an invitation for Jamaican nationals living in the diaspora to take advantage of the sustained growth in the economy by investing in the country.
BELMOPAN, Belize – Belize's government says it has benefitted from a more feasible payment plan from the Belize Blue Bonds Implementation which has supported the country’s development and allowed it to be in full compliance with its payment obligations to bond holders.
BRIDGETOWN, Barbados – The President of the Barbados-based Caribbean Development Bank (CDB), Dr Hyginus ‘Gene’ Leon, has been sent on administrative leave until April this year, as “an ongoing administrative process” continues at the region’s premier financial institution.
GEORGETOWN, Guyana – Guyana's government has rolled out its GUY$1.146 trillion national budget for the next 12 months, allocating billions of dollars for the further development of several sectors including, energy, agriculture, health and infrastructural development.
GEORGETOWN, Guyana – President Dr. Irfaan Ali Saturday held talks with the president of the Barbados-based Caribbean Development Bank (CDB), Dr. Hyginus Leon, on strengthening the role of the region’s premier financial institution.
