BASSETERRE, St. Kitts – The Caribbean Resilient Economies and Sectors Activity (RESET) says it will launch its grants program aimed at assisting businesses in the Eastern and Southern Caribbean here this week.
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WASHINGTON, DC – The Inter-American Development Bank (IDB) says Caribbean countries will receive US$18.4 billion in remittances, with a two per cent growth, similar to that observed in 2023.
PARAMARIBO, Suriname – Suriname has signed a Memorandum of Understanding (MoU) with the Chinese-based Aluminum Corporation of China Limited (Chinalco) for the mining of bauxite in West Suriname.
BRIDGETOWN, Barbados – Barbados has signed a US$500 million agreement with the Export-Import Bank of the United States (EXIM Bank), targeting critical sectors such as renewable energy, cybersecurity, water infrastructure, and maritime security.
PRAMARIBO, Suriname – President Chandrikapersad “Chan” Santokhi says every Surinamese national will receive a share in royalties of US$750 with an interest of seven percent annually from the energy sector.
NASSAU, Bahamas - The Bahamian government has welcomed the launch of a new debt conversion project that will save the country an estimated US$124 million over the next 15 years and enable it to improve ocean conservation and management of the Bahamas Protected Areas System.
KINGSTON, Jamaica – Prime Minister, Dr. Andrew Holness, has outlined a comprehensive strategy aimed at transitioning Jamaica towards robust and inclusive economic growth.
GEORGETOWN, Cayman Islands – During the first quarter of 2024, the British overseas territory recorded an increase in economic activity as measured by the gross domestic product (GDP).
WASHINGTON, DC – The International Monetary Fund (IMF) says he Bahamian economy has staged a remarkable recovery following Hurricane Dorian in 2019 and the coronavirus (COVID-19).
WASHINGTON, DC – The Inter-American Development Bank (IDB) says the value of goods exports from Latin America and the Caribbean (LAC) rose by 3.2 per cent year-on-year in the first half of 2024, rebounding after a 1.6 per cent decline last year.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) says despite the Regional Poverty Rate, which rose with the COVID-19) ppandemic, declining to a level similar to 2014 and reaching the lowest level on record in last year, and estimated 172 million people in Latin America and the Caribbean (LAC) still do not have enough income to meet their basic needs.
GEORGETOWN, Guyana - The Guyana government says it is encouraged that three local companies will be involved in the construction of the Jaguar Floating, Production, Storage and Offloading (FPSO) vessel.
PORT OF SPAIN, Trinidad – A delegation from the Suriname state-owned oil company, Staatsolie Maatschappij Suriname N.V. (Staatsolie) has ended a visit in trinidad aimed at enhancing knowledge exchange and capacity building between the two oil producing Caribbean countries.
