NASSAU, Bahamas – Governor of the Central Bank of the Bahamas (CBB), John Rolle, says the local economy continues to recover from the COVID-19 imposed contraction, adding that this reflects the strong rebound in tourism and ongoing support from foreign investments that include healthy demand for upscale residential real estate.
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GEORGETOWN, Guyana – Guyana's parliament on Monday night gave the green light for the cultivation of industrial hemp with opposition legislators from the coalition A Partnership for National Unity and the Alliance for Change (APNU+AFC) being absent for the passage of the Industrial Hemp Bill.
KINGSTON, Jamaica – The Jamaica-based JMMB Group Limited (JMMBGL) says it has acquired full control of the Banco Múltiple Bell Bank, SA in the Dominican Republic and plans to merge it with Banco Rio De Ahorro Y Credito JMMB Bank, SA, a savings and loan financial institution in which it has a 90 per cent stake.
KINGSTON, Jamaica – Prime Minister Andrew Holness, says the opening of the Kingston Logistics Park (KLP) is a significant investment and will bring more economic growth and job creation for Jamaica.
GEORGETOWN, Guyana – President Irfaan Ali says the Caribbean should consider making separate investments in hydrogen as the renewable energy source of the future.
GEORGE TOWN, Cayman Islands – The Cayman Islands says it is participating in this year’s National Association of Black Journalists (NABJ) and the National Association of Hispanic Journalists (NAHJ) joint convention in Las Vegas this week as part of the efforts to strengthening its diversity marketing efforts.
KINGSTON, Jamaica – The Andrew Holness led administration is targeting the southern section of the island for the development of a new city in the country.
WASHINGTON, DC – The International Monetary Fund (IMF) says with the economies of member countries of the Eastern Caribbean Currency Union (ECCU) slowly emerging from the COVID-19 pandemic “with scars”, the impact of the war in Ukraine is a setback to the nascent recovery
BRIDGETOWN, Barbados –The Barbados economy registered its fifth consecutive quarter of growth between April and June, but the expansion, though vibrant, was weaker than in the first quarter,, the Governor of the Central Bank of Barbados, (CBB), Cleviston Haynes said Wednesday.
WASHINGTON, DC – The United States Wednesday signaled its “serious” intention in helping the CARICOM countries access financing for developmental projects after it signed a two billion US dollar agreement with Guyana.
WASHINGTON, DC – Guyana’s President, Dr. Irfaan Ali says while his country is rapidly evolving as an oil and gas market, the economy will not depend solely on the “treasured natural resource” for countrywide development.
GEORGETOWN, Guyana – President Irfaan Ali has hailed the launched of the Guyana’s first merchant bank in nearly 30 years, as a crucial part of the country’s development.
GEORGETOWN, Guyana – By the year 2030, Guyana is expected to earn approximately US$7.5 billion annually through several oil projects in the offshore Stabroek Block.