KINGSTON, Jamaica – The Bank of Jamaica (BOJ) says it has “unanimously” agreed to reduce the policy rate by 25 basis points (bps) to 6.75 per cent per annum, effective this Wednesday.
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KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) says its survey has found that the number of job placements facilitated locally through the Ministry of Labour and Social Security’s Electronic Labour Exchange (ELE) grew by 40.7 per cent to 1,397 in 2023, compared with the previous year.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) Tuesday said that the region’s economies will expand by 1.8 per cent this year and 2.3 per cent in 2025.
BRIDGETOWN, Barbados – It’s an ambitious project, but don’t tell that to Dr. Hyginus ‘Gene’ Leon, the St. Lucian-born economist, who is leading a visionary effort in establishing the Development Bank for Resilient Prosperity Initiative (DBRP).
GEORGETOWN, Guyana – The International Building Exposition 2024 opened here on Thursday night with the private sector saying it provides an opportunity to engage with global patterns, explore cutting-edge technologies, while the government used the occasion to highlight major expansions and development in the housing and construction sectors.
GEORGETOWN, Guyana – The Guyana government says it has completed the model for Silica City, described as the country’s first smart and sustainable city project.
ST. GEORGE’S, Grenada – Government says it will continue to engage the Trinidad-based WiPay Caribbean to provide cashless electronic transactions to recipients of the schoolbooks and uniform programme although the regulatory body for financial services has revoked the company’s license to operate in Grenada.
SANTIAGO, Chile – Latin América and the Caribbean recorded a second consecutive year of declines in the flow of global foreign direct investment (FDI) receiving US$184.304 billion dollars last year, according to a new report issued by the Economic Commissioner for Latin America and the Caribbean (ECLAC).
GEORGETOWN, Guyan – The last phase of the Gas-to-Energy project is moving apace as a new US$8.6 Million contract was signed between the Government of Guyana and a Chinese company known as Power China to construct a building to house the National Control Centre.
GEORGETOWN, Guyana – Guyana's government says it has allocated more than one billion dollars towards modernizing the maritime sector as it also seeks to enhance regional trade.
BRIDGETOWN, Barbados – The Central Bank of Barbados says the island’s economy has recorded a robust 4.5 per cent real growth in the first half of 2024, with a BD$300 million, year-on-year increase in total production and record employment levels.
PORT OF SPAIN, Trinidad – TT IRON Steel Co Ltd (TT Iron) says it has taken over the ownership of the iron and steel plant in the Point Lisas Industrial Estate, Couva in west central Trinidad that had been placed in liquidation following its closure in 2016 by the Luxembourg based ArcelorMittal, the second largest steel producer in the world.
ROSEAU, Dominica – Dominica registered economic growth of 4.7 per cent last year, marking the third consecutive growth the island has achieved with Finance Minister Dr. Irving McIntyre that this year and at least 4.3 percent in 2025.