SANTIAGO, Chile – Latin América and the Caribbean recorded a second consecutive year of declines in the flow of global foreign direct investment (FDI) receiving US$184.304 billion dollars last year, according to a new report issued by the Economic Commissioner for Latin America and the Caribbean (ECLAC).
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GEORGETOWN, Guyan – The last phase of the Gas-to-Energy project is moving apace as a new US$8.6 Million contract was signed between the Government of Guyana and a Chinese company known as Power China to construct a building to house the National Control Centre.
GEORGETOWN, Guyana – Guyana's government says it has allocated more than one billion dollars towards modernizing the maritime sector as it also seeks to enhance regional trade.
BRIDGETOWN, Barbados – The Central Bank of Barbados says the island’s economy has recorded a robust 4.5 per cent real growth in the first half of 2024, with a BD$300 million, year-on-year increase in total production and record employment levels.
PORT OF SPAIN, Trinidad – TT IRON Steel Co Ltd (TT Iron) says it has taken over the ownership of the iron and steel plant in the Point Lisas Industrial Estate, Couva in west central Trinidad that had been placed in liquidation following its closure in 2016 by the Luxembourg based ArcelorMittal, the second largest steel producer in the world.
ROSEAU, Dominica – Dominica registered economic growth of 4.7 per cent last year, marking the third consecutive growth the island has achieved with Finance Minister Dr. Irving McIntyre that this year and at least 4.3 percent in 2025.
RIO DE JANEIRO, Brazil – The Inter-American Development Bank (IDB) says trade relations between South Korea and Latin America and the Caribbean (LAC) show great dynamism, with record trade in goods, high levels of Korean investment in the region, and potential for future growth.
CASTRIES, St. Lucia - St. Lucia Cruise Port (SLCP), the new operator of the cruise port at Port Castries, has settled outstanding cruise-related debts in the amount of over US$17 million on behalf of the Saint Lucia Air & Sea Ports Authority (SLASPA).
GEORGETOWN, Guyana – Guyana says it will import 50,000 high-yielding coconuts from Costa Rica to further advance its coconut industry.
THE VALLEY, Anguilla - The Governor of the Eastern Caribbean Central Bank (ECCU), Timothy Antoine says regional recovery from the coronavirus (COVID-19) pandemic remains remarkably resilient.
ST GEORGE’s, Grenada – The regional Fintech company, WiPay has issued a statement to address recent reports regarding the verification of its license by the Grenada Authority for the Regulation of Financial Institutions (GARFIN).
WASHINGTON, DC – The Inter-American Development Bank (IDB) on Friday approved a US$16 million grant to improve policy implementation and service delivery to citizens in Haiti through digital transformation of public management.
KINGSTON, Jamaica – The Jamaica government says the damage to the agricultural sector following the passage of Hurricane Beryl earlier this month, is now estimated at J$4.73 billion (One Jamaica dollar=US$0.008 cents), up from the earlier preliminary estimate of one billion dollars.