PORT OF SPAIN, Trinidad – Trinidad and Tobago recorded an increase in the inflation rate for the month of May, the Central Statistical Office (CSO) announced on Monday.
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KINGSTON, Jamaica – Industry, Investment and Commerce Minister, Aubyn Hill, Monday said that Jamaica is one of the most attractive investment destinations in the Caribbean and is urging more diaspora members to do business in the country.
BRIDGETOWN, Barbados – The former president of the Barbados-based Caribbean Development Bank (CDB), Dr. Hyginus “Gene” Leon, says if there is no change within the financial institution “the next president may encounter the same challenges” that he faced during his tenure at the region’s premier financial institution.
NASSAU, Bahamas — Prime Minister of the Bahamas Phillips Davis has outlined a blueprint for collaboration between Africa and the Caribbean saying it “encompasses key initiatives designed to unite our banking systems, enhance financial inclusivity, and catalyse economic growth across Africa and the Caribbean”.
NASSAU, Bahamas — Prime Minister of Barbados, Mia Mottley is calling for the Caribbean banking sector to be infused with greater diversity and competition and to ensure that constraints to economic growth are confronted directly.
NASSAU, Bahamas – Barbados Minister of Economic Affairs and Investment, Chad Blackman, says the Caribbean and Africa should start looking at trading among themselves in their respective currencies, adding that the United States and European currencies might be less dominant a decade from now.
NASSAU, Bahamas — Caribbean Community (CARICOM) finance minister and central bank governors will meet next week ahead of the annual heads of government meeting in Grenada in July to discuss using Afreximbank’s Pan-African Payment and Settlement System (PAPSS) to make trade payments in the region.
NASSAU, Bahamas - Prime Minister Phillip Davis says transforming the country’s energy sector remains a priority for his administration saying there is the need to relieve Bahamian families and businesses from the burden of high prices and unreliable electricity supply.
GEORGETOWN, Guyana – Guyana's government says it is intensifying its crackdown on nationals involving in what it in the practice of “rent-a-citizen” or “fronting” in a bid to overcome the policy of Local Content within the petroleum industry.
GEORGETOWN, Guyana - ExxonMobil Guyana Limited (EMGL), the operator and one of the coventurers in the prolific Stabroek Block offshore Guyana, netted GUY $614.6 billion (One Guyana dollar=US$0.004 cents) in profits at the end of 2023.
GEORGETOWN, Guyana – Guyana's government says it has taken firm action against a Trinidadian company that was responsible for the Western section of the Conversation Tree Road project, following prolonged delays..
PARAMARIBO, Suriname – Finance and Planning Minister, Stanley Raghoebarsing, says Suriname’s national debt fell by SRD6.5 billion (One SRD=US$0.03 cents) in the first quarter of this year compared to the last four months of 2023.
KINGSTON, Jamaica - Digicel Group Tuesday announced the activation of its subsea fibre cable, Deep Blue One, describing it as a ““significant investment” in international submarine capacity that will supercharge connectivity across the Caribbean and South America.
