GEORGE TOWN, Cayman Islands – The Cayman Islands recorded a more than eight percent cent growth in imports last year over the 2023 figure, according to the Cayman Islands Annual Foreign Trade Statistics Report 2024 released here.
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KINGSTON, Jamaica – The UK based company – United Oil & Gas is reportedly experiencing significant cash flow problems and needs a partner in order to conduct oil exploration in Jamaica.
SEVILLE, Spain - The Economic Commission for Latin America and the Caribbean (ECLAC) says Latin America and the Caribbean countries, the majority of which are classified as middle-income, face growing challenges that require a reformulation of the criteria and mechanisms that govern the conditions for accessing financing and international development cooperation.
KINGSTON, Jamaica – Science, Energy, Telecommunications and Transport Minister, Daryl Vaz, Tuesday said that the government may not be willing to renew the all-island license with the Jamaica Public Service’s (JPS) to supply electricity without re-negotiation of the current terms.
BRIDGETOWN, Barbados – The director of the Caribbean Community (CARICOM) Single Market (CSME Unit), Leo Preville, says the record on the role on regional integration to enhance trade is mixed.
KINGSTON, Jamaica – Jamaica has achieved over 80 percent of the provisions as it moves towards full implementation under the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), through the work of the Jamaica Customs Agency (JCA).
KINGSTON, Jamaica – The Social Development Commission (SDC) says grassroots entrepreneurs supported by its Local Economic Development Support Programme (LEDSP) have generated more than J$100 million in sales over the past five years.
BRIDGETOWN, Barbados – Barbadian businessman, Charles "Charlie Spice" Lewis has filed a lawsuit against Meta Platforms Inc., seeking US$50 million in compensatory damages.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago government Tuesday said that to ensure that the country continues to play a vital role in the global energy arena, one of the key pillars of the new administration will be the re-emergence of the oil rich-twin island republic as the energy hub of the Caribbean.
GEORGETOWN, Guyana – Bilateral trade between Guyana and the United States has surpassed US$4.7 billion over the past year — a new record reflecting the two countries’ growing economic ties.
ABUJA, Nigeria – Professor Benedict O. Oramah on Friday ended his 10-year stint as president and chairman of the board of directors of the Egypt-based African Export-Import Bank (Afreximbank), hailing the financial institution’s expansion to the Caribbean over the last four years.
ABUJA, Nigeria — The Africa Export-Import Bank (Afreximbank) has successfully piloted the Caribbean version of its payment system that allows businesses in countries that use different currencies to trade without needing a third currency.
WASHINGTON, DC - The executive board of the International Monetary Fund (IMF) Wednesday said that for more than a decade, Jamaica has been implementing sound macroeconomic policies supported by strong policy frameworks.
