KINGSTOWN, St. Vincent – St. Vincent and the Grenadines Friday launched the US$250.8 million Kingstown Port Modernization Project, anticipating an increase in trade and export as well as driving economic diversification in the country.
All Stories
ST. GEORGE’S, Grenada – The newly elected government in Grenada has signaled its intention to seek a “strategic partner” to help finance the operations of the lone electricity company, GRENLEC, that continued to operate as a private company even though its majority shares had been re-purchased by the previous administration last year.
PARAMARIBO, Suriname – Suriname and Trinidad and Tobago are on the verge of forging closer energy ties, based on discussions between officials of the two CARICOM member states.
GEORGETOWN, Guyana – The Guyana government dismissing suggestions of ‘something unusual going on” with Indian companies, has signed a consultancy contract worth GUY$640 million (One Guyana dollar=US$0.004 cents) with an Indian based company for the construction of the Ogle to Haags Bosch, Eccles Road network.
WASHINGTON, DC – The COVID-19 pandemic has spurred financial inclusion, driving a large increase in digital payments amid the expansion of formal financial services, according to the Global Findex 2021 database.
PARAMARIBO, Suriname – A regional approach to energy security will be taken to fast-track the development of the Caribbean, with Guyana, Suriname, Trinidad and Tobago, and Barbados expected to play key roles in the formulation of the strategy.
NASSAU, Bahamas –Bahamas Prime Minister, Phillip Davis, has joined his Antigua and Barbuda colleague, Gaston Browne, in calling on the United States to remove its embargo that prevents Venezuela in exporting its oil and energy products so as to help deal with the impact of the significant increase in energy prices on the global market.
KINGSTON, Jamaica – Jamaica’s exports to its major trading partners increased by 14 percent to US$173.1 million for the first two months of this year, compared to the corresponding period last year, the Statistical Institute of Jamaica (STATIN) has reported.
PORT OF SPAIN, Trinidad – The Central Bank of Trinidad and Tobago (CBTT) says the high energy prices that have persisted despite the gradual pick up in supplies from the OPEC and other suppliers, continue to benefit the country.
BRADES, Montserrat – Montserrat is to begin the construction phase of the US$46 million port development project that the authorities say will increase accessibility and improve trade opportunities for the island.
GEORGETOWN. Guyana – The Guyana-based CARICOM Secretariat says it is undergoing an extensive upgrade of its Information and Communications Technology (ICT) capacity that is expected to lead to visible and measurable improvements in its service delivery to member states and regional institutions.
BRIDGETOWN, Barbados – Barbados says it intends to hold another licensing bid round for offshore blocks within the next three months as the island seeks to transition to a 100 percent renewable energy island by 2030.
KINGSTON, Jamaica – Governor of the Bank of Jamaica (BOJ), Richard Byles has urged persons using cryptocurrencies or who are contemplating this, to do so cautiously.
