NASSAU, Bahamas – Prime Minister Phillip Davis says a modern energy system is necessary for The Bahamas, given its ability to grow and compete.

PORT OF SPAIN, Trinidad – The Trinidad and Tobago government says it has approved a production sharing contracts for two offshore blocks with the state-owned China National Offshore Oil Corporation (CNOOC).

NASSAU, Bahamas – The Bahamas government Wednesday said that one of the immediate impact of the ongoing conflict in the Middle East involving Iran, Israel, and the United States will be an increase in oil prices.

KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) Tuesday said that there has been a 7.5 per cent contraction of the local  economy during the period October to December last year, relative to the corresponding quarter of 2024.

BRIDGETOWN, Barbados – President of the Barbados-based Caribbean Development Bank, (CDB), Daniel Best, Tuesday expressed concern that the region may not achieve the gross financing need of US $65.2 billion by 2030 to prevent stagnation.

BRIDGETOWN, Barbados - The Barbados-based Caribbean Development Bank (CDB) Tuesday said economic growth is expected to remain “modest” among the countries of the region this year.

BELMOPAN, Belize – Representatives of the Belize-based Caribbean Regional Fisheries Mechanism (CRFM) held discussions with the GRO Fisheries Training Programme  (FTP) on ways to strengthen cooperation with CRFM member states and to further enhance the region’s capacity in fisheries management and development.

KINGSTOWN,  ST. Vincent – The St. Vincent and the Grenadines government Tuesday told citizens to be prepared for possible increase prices as a result of the ongoing United States-Israel war on Iran.

BRIDGETOWN, Barbados – The Pan African multilateral bank, African Export-Import Bank (Afreximbank) says it is increasing its regional financing limit with the Caribbean Community (CARICOM) over the next four years.

BASSETERRE, St. Kitts – The International Monetary Fund (IMF) says real gross domestic product (GDP) is estimated to have slowed to 1.5 per cent last year and is expected to pick up to 2.2 percent this year.

PORT OF SPAIN, Trinidad – The Energy Chamber of Trinidad and Tobago says methanol production remains a critical component of the country’s downstream energy sector, contributing significantly to manufacturing output, foreign exchange earnings, and employment.

SANTO DOMINGO, Dominican Republic – The President of the Dominican Republic,  Luis Abinader on Friday announced that the country would establish a network of dry ports along its border with Haiti.