WASHINGTON, DC – The Director of the Western Hemisphere Department (WHD) of the International Monetary Fund (IMF), Rodrigo Valdes, says countries in the Caribbean lose 2.5 per cent of gross domestic product (GDP) in capital annually on average.
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FORT LAUDERDALE – The Caribbean Hotel and Tourism Association (CHTA) Wednesday praised the Dominican Republic government for withdrawing proposed tax legislation that it said followed widespread consultation with the public and the private sector.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) Wednesday said that services exports from the region will increase at a double digit rate for the fourth consecutive year
PARAMARIBO, Suriname – The Suriname government is hoping that more Chinese companies will become involved in the country’s oil and gas industry after the state-owned company, Staatsolie signed a production sharing contract with PetroChina.
WASHINGTON, DC – The World Bank says it has signed a new investment agreement with the Government of Jamaica to enhance the waterfront in Jamaica’s capital, Kingston.
PARAMARIBO, Suriname – Suriname and Guyana have taken the first step towards achieving the joint exploitation of gas reserves off the coast of the two neighboring Caribbean Community (CARICOM) countries.
GEORGETOWN, Guyana – A landmark bilateral business collaboration between the Suriname-Guyana Chamber of Commerce (SGCC) and other bilateral chambers between Guyana, Canada and the Dominican Republic (DR) continues to expand, with Ghana Chamber of Commerce Guyana (GCCG) officially joining the initiative.
GEORGETOWN, Guyana - Guyana has launched a new high-yielding rice variety known as ‘GRDB 18,’ as part of the efforts to modernize the agricultural sector through innovation and technology.
GEORGETOWN, Guyana - President Irfaan Ali has told an international business conference here that there are tremendous opportunities and avenues for the development of small and medium sized businesses (SMEs) to expand their operations in Guyana.
Caribbean Export Development Agency (Caribbean Export) and DHL, a global leader in logistics, have signed a Memorandum of Understanding (MOU) to formalize a strategic partnership aimed at enhancing the capabilities of micro, small, and medium enterprises (MSMEs) in the Caribbean. The MOU establishes a framework for collaboration between the two organizations in areas such as e-commerce, logistics., and professional development, supporting MSMEs’ growth in the global marketplace.
BRIDGETOWN, Barbados – The newly established medicinal cannabis industry is facing a banking hurdle, with local commercial banks refusing to allow accounts for businesses in the sector, says Acting Chief Executive Officer of the Barbados Medicinal Cannabis Licensing Authority (BMCLA) Shanika Roberts-Odle.
GEORGETOWN, Guyana – The Georgetown Chamber of Commerce and Industry (GCCI) Friday said it is collaborating with the Jamaica Stock Exchange (JSE) regarding the development of a Junior Stock Exchange in Guyana.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago Manufacturers’ Association (TTMA) is warning consumers to be prepared for at least a one-month delay in retrieving goods from the Port of Port-of-Spain following industrial action by workers there.
