GEORGETOWN, Guyana – Guyana has recorded a seven percent increase in rice production this year as compared with 2022, earning nearly GUY$50 billion (One Guyana dollar=US$0.004 cents).
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HAMILTON,. Bermuda – Bermuda's government says the local economy has grown by 2.3 percent during the second quarter of this year despite registering 4.6 percent growth in the first three months of 2023.
GEORGETOWN, Guyana – Guyana's only indigenous bank, Demerara Bank Limited, on Friday opened a branch at Leonora, West Coast Demerara and announced plans to significantly move to more e-banking options and reduce in-person transactions.
GEORGETOWN, Guyana – Guyana's government says it is seeking the assistance of Britain in mounting a joint lobby to Lloyd’s of London insurance company to reduce its risk assessment of this country’s maritime space due to the border controversy with Venezuela.
PORT OF SPAIN, Trinidad – Prime Minister Dr. Keith Rowley says Trinidad and Tobago and Venezuela “in the spirit of good neighborliness” have formalized their agreement regarding the profit-sharing accord with Caracas to export gas from the South American country’s Dragon gas field.
KINGSTON, Jamaica – Consumers in Jamaica are being encouraged to strategize and reduce their use of cash during the holiday season and even beyond.
WASHINGTON, DC – Suriname will receive US$53 million from the International Monetary Fund (IMF) after the executive board of the Washington-based financial institution Friday completed the fourth review under the Extended Fund Facility (EFF) arrangement for Suriname.
ST. JOHN’S, Antigua – Antigua and Barbuda is anticipating a primary deficit of EC$27.3 million this year, as compared with EC$79.7 million the island recorded last year.
WASHINGTON, DC – The Economic Commission for Latin America and the Caribbean (ECLAC) says economic activity in the region continues to exhibit low growth trajectory.
ROSEAU, Dominica – Dominica has launched an EC$1.2 million grant application scheme aimed at helping small businesses upgrade their services through digital technology.
WASHINGTON, DC – Two International Monetary Fund (IMF) experts say that climate shocks are linked to cross-border migration in Latin America and the Caribbean (LAC), driving more people to leave their home countries and amplifying the negative impact on the region’s economies.
WASHINGTON, DC – The Inter-American Development Bank says that the value of goods exports from Latin America and the Caribbean (LAC) fell by 2.7 per cent year-on-year in the first half of 2023 after expanding 17 per cent last year.
WASHINGTON, DC – The International Monetary Fund (IMF) says the Guyanese economy continues to experience record growth, supported by the government’s modernization plans and unparalleled oil and gas sector expansion.