DUBAI, United Arab Emirates – Jamaica’s Tourism Minister Edmund Bartlett has called for a more aggressive push for human capital development which he said is critical to future development of the tourism sector in small island states like his own.
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SANTIAGO, Chile – Tax revenue rose as a share of gross domestic product (GDP) on average across Latin America and the Caribbean (LAC) countries between 2021 and 2022 due partly to a sharp increase in revenue from the oil and gas sector.
GEORGETOWN, Guyana – The Suriname Guyana Chamber of Commerce (SGCC) says it has signed a Memorandum of Understanding (MOU) with ta number of private sector organisations including the Berbice Chamber of Commerce and Development Association, Central Corentyne Chamber of Commerce, Upper Corentyne Chamber of Commerce & Industry, and the Region 5 Chamber of Commerce and Industry.
SANTIAGO, Chile – The International Monetary Fund (IMF) says Antigua and Barbuda should increase its tax earning, which at 16 per cent of revenue, is just one percentage point below what the IMF says is needed to support the country’s developmental needs.
SANTIAGO, CHILE - The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has expressed concerns that low income countries are falling further behind in a more fragmented world with less trade, and less fluidity of the flow of capital.
KINGSTON, Jamaica – Tourism Minister Edmund Bartlett says approximately 1,500 new jobs are to come on stream in the tourism industry with the opening of two new hotels in Western Jamaica.
BRIDGETOWN, Barbados – Governor of the Central Bank of Barbados (CBB), Dr. Kevin Greenidge Tuesday said the local economy is projected to remain on its growth trajectory throughout 2024, hinged on the continued expansion of tourism as well as private and public investments.
GEORGETOWN, Guyana – Despite recording a 37 per cent reduction in the number of workplace fatalities over the past three years, Guyana has so far this year recorded more deaths than the previous three year period.
PARAMARIBO, Suriname – The government of Suriname has signed loan agreements amounting to US$ 10 million with the Caribbean Development Fund (CDF) that will go towards electrification projects .
ST. JOHN’S, Antigua – Prime Minister Gaston Browne says his administration is prepared to negotiate directly with the former employees of the regional airline, LIAT (1974) Limited that went bankrupt earlier this year.
BRIDGETOWN, Barbados – President of the Barbados-based Caribbean Development Bank (CDB), Dr. Hyginus ‘Gene’ Leon, has resigned with “immediate effect” from the regional financial institution.
KINGSTOWN, St. Vincent – St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves has written to the World Bank opposing a move to increase its interest rate and shorten repayment period for loans to countries.
BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Tuesday remained mum on the resignation of its president, Dr. Hyginus ‘Gene’ Leon, who has also threatened to file a lawsuit against the region’s premier financial institution.
