KINGSTON, Jamaica – Jamaica's government has described as a “very positive development” for the island, the latest ratings by the US-based Standard and Poor’s (S&P) that upgraded the country’s long-term foreign and local currency sovereign credit ratings from ‘BB-‘ to BB,’ while its outlook remains “positive”.
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PORT OF SPAIN, Trinidad – The Trinidad and Tobago government said that it recognizes that the latest ratings by the United States-based Standard & Poor’s (S&P) is a confirmation of the country’s economic resilience and a call to action to address structural challenges, including stagnant gross domestic product (GDP) growth and the limited effectiveness of past policies to diversify the economy.
KINGSTON, Jamaica – The Jamaica Business Development Corporation (JBDC) says it has increased its efforts to drive the digital transformation of micro, small and medium-sized enterprises (MSMEs), with at least 500 businesses set to digitize one internal process this year under the European Union (EU)-funded ‘Digital Jamaica’ Project.
ST. JOHN’S, Antigua – Antigua and Barbuda Prime Minister, Gaston Browne, is urging Caribbean Community (CARICOM) countries to act collectively to establish a regional minimum head tax in negotiations with cruise lines, warning that the sector is becoming less profitable for regional governments despite rising passenger volumes
GEORGETOWN, Guyana – The Private Sector Commission and the Georgetown Chamber of Commerce and Industry have both welcomed the Government’s “Project Rescue Georgetown”, which aims to clean up, beautify and return Georgetown to its past glory of being a Garden City.
GEORGETOWN, Guyana – ExxonMobil Guyana Wednesday said that along with its contractors, they have spent an estimated US$2.9 billion with Guyanese businesses since operations began in 2015.
BRIDGETOWN, Barbados - Prominent Barbadian economist, Dr. DeLisle Worrell, says Caribbean people are in danger of losing faith in the regional integration movement, CARICOM “simply because we have set goals for the regional organization which can no longer be attained”.
WASHINGTON, DC - The executive board of the International Monetary Fund (IMF) says it welcomes the “strong recovery” in Belize following the COVID-19 pandemic and the improved social outcomes and financial stability.
GEORGETOWN, Guyana – Agriculture Minister , Zulfikar Mustapha, has agreed to meet with rice farmers and millers as harvesting of the second rice crop amid concerns from stakeholders regarding the price being offered by millers for each bag of paddy being sold to them.
WASHINGTON, DC – The World Bank Group Monday announced the appointment of Dr. Susana Cordeiro Guerra as Vice President for the Latin America and the Caribbean (LAC) region.
BOGOTA, Colombia – The third and final round of negotiations for an Advance Preferential Market Access agreement between Colombia and the Caribbean Community (CARICOM) is expected to take place later this year, with the objective of finalizing the expanded agreement by the end of 2025.
WASHINGTON, DC – Jamaica-based company, Pathogenix, is among five entrepreneurs from Latin America and the Caribbean, who will present their solutions at the GET Forum, the flagship event of the Inter-American Development Bank (IDB) on December 2 this year.
ALGIERS, Algeria – The commercial and cultural attaché at the Barbados High Commission in Ghana, C. Phil Phillips, says while Africa might seem far away from the Caribbean, it presents opportunities that are worth exploring.