PORT OF SPAIN, Trinidad – The Trinidad and Tobago government Monday said the country had recorded a windfall of more than eight billion dollars (One TT dollar=US$0.16 cents) as a result of the increase in prices for oil and energy products on the global market, but warned that the funds would not be used solely to pay one section of the population salary increases and arrears.
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KINGSTON, Jamaica – Tourism Minister Edmund Bartlett says that Jamaica’s source markets for tourists are being further expanded and diversified to include several countries in Africa and the Middle East.
HAMILTON, Bermuda – Premier David Burt unveiled a US$15 million economic relief package in parliament on Friday to help Bermuda’s working families hit by rising prices.
PORT OF SPAIN, Trinidad– The Trinidad and Tobago Energy and Energy Industries Minister, Stuart Young, Monday said he supports reports that despite the trend to renewables, there is agreement that oil and gas will continue to be important primary fuels for the coming decades.
WASHINGTON, DC – A study by the Inter-American Development Bank (IDB) Group has found that agribusiness in Latin America and the Caribbean (LAC) could benefit from a productive transformation that facilitates its insertion in global value chains.
ST. GEORGE’S, Grenada – The Grenada government says it intends to begin paying pension to eligible public sector workers who retired as far back as 1985, by November this year.
SANTO DOMINGO, Dominican Republic – CARICOM countries say their participation in the first-ever Saudi-Caribbean Investment Forum, which ended here on Thursday night, provided an opportunity for them to connect to large regional and international investment markets.
GEORGETOWN, Guyana – The President of Guyana, Dr. Mohamed Irfaan Ali, has extended an open invitation to investors of the Kingdom of Saudi Arabia, to ‘invest now’, promising that Guyana is ready to remove bureaucratic hurdles.
CASTRIES, St. Lucia – Export growth and stronger food security will be the focus of a new project, supported by the European Union (EU) and the Caribbean Development Bank (CDB), that will seek to transform agriculture and agro-processing here.
GEORGETOWN, Guyana – An investment delegation of almost 50 representatives from Saudi Arabia is to visit Guyana later this month, according to an official statement released here.
KINGSTOWN, St. Vincent – St. Vincent and the Grenadines Friday launched the US$250.8 million Kingstown Port Modernization Project, anticipating an increase in trade and export as well as driving economic diversification in the country.
ST. GEORGE’S, Grenada – The newly elected government in Grenada has signaled its intention to seek a “strategic partner” to help finance the operations of the lone electricity company, GRENLEC, that continued to operate as a private company even though its majority shares had been re-purchased by the previous administration last year.
PARAMARIBO, Suriname – Suriname and Trinidad and Tobago are on the verge of forging closer energy ties, based on discussions between officials of the two CARICOM member states.