GEORGETOWN, Guyana – Guyana says it is working with Barbados to create a joint tourism product, linking the two Caribbean Community (CARICOM) countries as a common market and package.
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KINGSTON, Jamaica – The Jamaica government Wednesday welcomed the decision by teachers to accept the four per cent salary increase and benefits which they said must be paid before the end of March this year.
PORT AU PRINCE, Haiti – The Bank of the Republic of Haiti (BRH) says economic activity in the French-speaking Caribbean Community (CARICOM) country has been marked by the deterioration of the business climate due to the deterioration of security conditions and prolonged periods of scarcity of fuel.
KINGSTON, Jamaica – The state-owned Jamaica Bauxite Mining Limited (JBM) is to establish a multi-million dollar (One Jamaica dollar=US$0.008 cents) commercial and industrial park development project in Lydford, St. Ann, the largest parish in the country located on the north coast.
PORT OF SPAIN, Trinidad – The Secretary General of the Caribbean Telecommunications Union (CTU), Rodney Taylor, is urging the region not to relinquish all technological innovations to the developed world.
ST. JOHN’S, Antigua – Reporting that the country has bounced back after being battered by the COVID-19 pandemic, Prime Minister Gaston Browne on Thursday reported that the economy recorded 5.3 percent growth last year despite the difficult economic circumstances and the reduction in revenues throughout 2020 and 2021.
ST. JOHN’S, Antigua – The Antigua and Barbuda government says it is seeking to raise US$200 million on the European Stock Market in a bid to acquire the Jolly Beach Hotel, which closed its doors nearly two years ago owing both government and workers millions of dollars in outstanding taxes and severance.
TORONTO, Canada – The Canadian-based CGX Energy Inc. (CGX) has announced the discovery of oil at the Kawa-1 well in the Corentyne Block in Guyana.
BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Tuesday projected a 9.1 percent gross domestic product (GDP) growth across its 19 Borrowing Member Countries (BMCs) in 2022, accelerating the region’s economic recovery which started in 2021.
MIAMI, Florida – Noting the loss of over US$1 billion in 2021 because of a stagnation in travel between the region’s destinations, the Caribbean Hotel and Tourism Association (CHTA) recommends a concerted effort by Caribbean government and private sector leaders to boost intra-regional travel, while fostering greater parity, clarity and consistency for travel.
GEORGETOWN, Guyana – Guyana will soon launch a GUY$2,000 (one Guyana dollar=US$0.004 cents) bill.
KINGSTON, Jamaica – Prime Minister Andrew Holness says Jamaica is recovering steadily from the economic fallout sparked by the COVID-19 pandemic, based on the out-turns of several key indicators.
PORT OF SPAIN, Trinidad – Energy and Energy Industries Minister Stuart Young Tuesday announced the execution of a heads of agreement for the restructuring of Atlantic LNG, one of the world’s largest producers of Liquefied Natural Gas.