GEORGETOWN, Guyana – Guyana's government on Friday said that the first oil has been achieved from the One Guyana Floating Production, Storage and Offloading (FPSO) vessel, the country’s fourth offshore development within the prolific Stabroek Block.
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ST. GEORGE’S, Grenada Aisha Maina, Managing Director of Aquarian Consult and founder of Gemini Integrated Commodities, has completed an intensive week of engagements, capped by a USD 40 million deal to build a Panamax deep-water port and special economic zone in Basseterre, St. Kitts, that unite policy, private capital and hard infrastructure around a single objective: forging a reliable commercial bridge between Africa and the Caribbean.
BRIDGETOWN, Barbados – The Government of Barbados and the Republic of India recently signed a landmark Memorandum of Understanding (MoU) for the establishment of a state-of-the-art Coconut Processing Plant on the island.
PARAMARIBO, Suriname – The deputy minister of Health, Welfare and Labour, Raj Jadnanansing, says he intends to hold talks with representatives of the US-owned gold mining company, Newmont Suriname, amid reports that the multinational intends to lay off 15 percent of its work force.
CASTRIES, St. Lucia – St. Lucia's government says it has commissioned the National Insurance Corporation (NIC) to present proposals for the establishment of an unemployment insurance programme.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) is warning that the region continues to endure a prolonged period of low growth and that it is estimated that real Gross Domestic Product (GDP) will grow 2.2 per cent on average in 2025 and 2.3 per cent the following year, in line with the rates recorded in 2023 and 2024.
GEORGETOWN, Guyana – The Guyana Manufacturing and Services Association (GMSA) Friday said it welcomed the decision of the United States President Donald Trump to reduce the reciprocal tariff rate applied to Guyanese exports from 38 to 15 per cent.
GEORGETOWN, Guyana – Guyana on Tuesday signed an agreement with the Dominican Republic to commence large-scale cocoa and coffee cultivation here.
WASHINGTON, DC – The International Monetary Fund (IMF) Tuesday predicted that economic growth in Latin America and the Caribbean is projected to slow to 2.2 percent in 2025 and recover back to 2.4 percent the following year.
ST. GEORGE’S, Grenada – Caribbean Community (CARICOM) Secretary General, Dr. Carla Barnett, Monday welcomed the AfriCaribbean Trade and Investment Forum (ACTIF) as a further demonstration of the collective commitment towards forging deeper trade, investment and economic cooperation as envisioned by Africana and Caribbean leaders four years ago.
ST. GEORGE’S, Grenada– Antigua and Barbuda Prime Minister, Gaston Browne, Monday, supported a call for the creation a commission that becomes fully responsible for delivering on the Africa-Caribbean and the broader Global Africa initiative.
BRIDGETOWN, Barbados – Japan is providing funding of US$2.9 million towards strengthening the fisheries sector in Barbados.
BRIDGETOWN, Barbados – The Governor of the Central Bank of Barbados, (CBB), Dr. Kevin Greenidge, Friday predicted that the Barbados economy is poised to maintain a robust growth trajectory through the rest of 2025 and into the medium-term.