GEORGETOWN, Guyana – The US oil and energy giant, ExxonMobil, says it plans to explore for oil offshore the Essequibo region where Venezuelan gunboats had six years ago chased seismic research vessels in oil concessions that had been granted by Guyana.

CASTRIES, St. Lucia – The Barbados-based Caribbean Development Bank (CDB) has launched the St. Lucia Youth Economy Agency (YEA), marking a transformative leap towards youth empowerment and economic advancement.

GEORGETOWN, Guyana – Guyana says it is holding discussions with French officials on the acquisition of a vessel to curb the “hundreds of millions of dollars” lost annually to illegal fishing activities.

GEORGETOWN, Guyana – President Irfaan Ali has called on the private sector in Guyana to take advantage of several opportunities for investment as the country continues to attract large scale development projects.

PORT OF SPAIN, Trinidad – The Trinidad Cement Ltd (TCL) has announced an increase in the price of cement saying it continues to face increasing manufacturing costs.

GEORGETOWN, Guyana – The Guyana government says it will build a sugar refinery at the Enmore Estate , which has been closed since 2018.

GEORGETOWN, Guyan –  Guyana’s first historic GUY$1.146 trillion National Budget 2024 themed “Staying The Course: Building Prosperity For All” which will accelerate the nation’s development agenda was successfully approved, without any changes, in the National Assembly on Friday.

BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) Wednesday said while the local economy exhibited significant resilience over the last two years, the outlook for 2024 and into the medium term appears cautiously optimistic.

KINGSTON, Jamaica –  The Jamaican government says it has granted a two-year extension to the London-based United Oil and Gas Plc (UOG) to continue oil and gas exploration activities in the Walton Morant Basin offshore Jamaica.

KINGSTON, Jamaica – The Statistical Institute of Jamaica (STATIN) says  Jamaica’s unemployment rate for October 2023  declined to a historic low of 4.2 per cent.

GEORGETOWN, Guyana – Natural Resources Minister, Vickram Bharrat, says the Guyana Energy Conference and Supply Chain Expo next month is becoming one of the premier energy sessions in the world and will showcase multiple sectors in the country’s economy.

WASHINGTON, DC – The International Monetary Fund (IMF) has predicted that economic growth in Latin America and the Caribbean is projected to decline from an estimated 2.5 percent in 2023 to 1.9 percent this year.