BRIDGETOWN, Barbados - The Barbados government has opened a new offshore licensing drive, offering 19 ultra-deepwater blocks to international energy companies while insisting that bidders meet strengthened climate and environmental standards.

CASTRIES, St. Lucia - The St. Lucia government Monday announced an increase in energy prices blaming the ongoing global situation, particularly the war between Iran and the United States for the price hike.

GEORGETOWN, Guyana – President Irfaan Ali has announced a raft of measures aimed at increasing Guyanese participation across key sectors of the economy.

CASTRIES, St. Lucia - The Caribbean Franchise Development Council (CFDC) has been established to oversee, guide and sustain the development of a structured franchise ecosystem across the Caribbean region.

GEORGETOWN, Guyana – Trade between Guyana and Brazil has surged to US$1 billion, up from about US$58 million in 2020, as both countries deepen economic ties and advance wider South American integration.

NASSAU, Bahamas – The Bahamas government has unveiled a 2026/2027 Budget projecting a US$223.1 million surplus while introducing targeted tax relief for first-time homeowners and new revenue measures aimed at large businesses, foreign property owners, immigration applicants and commercial users of public services. 

PORT OF SPAIN, Trinidad - The executive director of the Trinidad and Tobago United Trust Corporation (UTC), Nigel Edwards, Wednesday said despite the global uncertainties, the financial institution recorded total investment income of TT$1.3 billion.

GEORGETOWN, Guyana - Guyana and Barbados have announced the establishment of the Trident Arrow Investment Fund, a bilateral investment fund, for ordinary persons to invest in critical infrastructure and long-term, medium-to-long-term investment projects in the utility sector, technology and agro-processing.

NEW YORK, New York – The New York-based Consulate General of St. Vincent and the Grenadines to the United States says that the United Nations Conference on Trade and Development (UNCTAD) has confirmed its readiness to support the Caribbean island’s efforts to strengthen investment facilitation and deepen Diaspora engagement.

PORT OF SPAIN, Trinidad – The Banking, Insurance and General Workers Union (BIGWU) says it is moving swiftly to protect employees of the Trinidad Express newspaper following the company’s decision to retrench several editorial staff members as part of a restructuring exercise

KINGSTON, Jamaica – The Jamaican economy contracted by an estimated 5.9 per cent during the January to March 2026 quarter, compared with the corresponding quarter of 2025, the director general of the Planning Institute of Jamaica (PIO) Dr Wayne Henry said on Wednesday.

BRIDGETOWN, Barbados – Prime Minister Mia Amor Mottley is urging producers and industry stakeholders to work with her administration in a renewed national effort to rebuild production, expand exports and strengthen Barbados’ economic resilience.