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.
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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.
NASSAU, Bahamas – The Central Bank of the Bahamas (CBB) says as indicators move closer toward their medium-term growth potential, the domestic economy is expected to expand at a moderated pace in 2024.
BRIDGETOWN, Barbados - The Barbados-based Caribbean Development Bank (CDB) says it will convene a one day seminar to examine the essential imperatives for creating an enabling trade ecosystem for the region.
ST. GEORGE’S, Grenada – Grenada's government says it has recorded EC$382.2 million in revenue last year from the Citizenship by Investment (CBI) program that was recently rebranded as the Investment Migration Agency Grenada (IMA).
KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) says the economy grew by an estimated 1.9 per cent during the January to March 2024 quarter.
ST. JOHN’S, Antigua – United Nations Secretary General Antonio Guterres Tuesday praised the efforts of Caribbean Community (CARICOM) leaders in seeking to change the global financial landscape, noting that international financing is the fuel for sustainable development.
GEORGETOWN, Guyana – President Dr. Irfaan Ali says the new ferry service involving Guyana, Barbados and Trinidad and Tobago will operate out of Parika, Region Three as he announced that the country has reaped more than 20 million pounds of cassava so far this year in line with its plans to increase food productivity.
BRIDGETOWN, Barbados – The first Global Supply Chain Forum began here on Tuesday focusing on the policy actions required to better prepare countries to cope with future shocks to global supply chains.