PARAMARIBO, Suriname – The state-owned oil and gas company, Staatsolie Maatschappij Suriname N.V., says it has contributed US$384 million to the treasury after reporting revenue of US$735 million for the fiscal year 2024.
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HAMILTON, Bermuda – Premier David Burt Monday said that Bermuda’s economy is moving in the right direction “during an uncertain time” in the world, and that his administration is continuing to honor its obligations to population, while undertaking strong financial control.
KINGSTON, Jamaica – InterEnergy Group, a leader in clean energy solutions in the Caribbean and Latin America, says it acquired the Paradise Park solar plant from Eight Rivers Energy Company (EREC) in Jamaica.
OSAKA, Japan – The Guyana Office for Investment (GOI) says it successfully facilitated an agreement with the Organization for Small and Medium Enterprises and Regional Innovation, Japan (SMRJ), to target international business links.
ST. GEORGE’S, Grenada – The Public Workers Union (PWU) has told the Grenada government that its members will not be accepting a four percent salary increase under the new collective agreement that is due to come into effect on January 1 next year.
WASHINGTON, DC – Guyana has received the Export-Import Bank of the United States (US EXIM) “Deal of the Year” award for its gas-to-energy (GtE) project.
BRIDGETOWN, Barbados – Barbados maintained its economic growth momentum in the first quarter of this year, with real gross domestic product (GDP) increasing by an estimated 2.6 per cent,, the Governor of the Central Bank of Barbados (CBB), Dr. Kevin Greenidge, said Wednesday.
SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC)Tuesday revised downwards, the growth projection for the region’s economies in 2025.
WASHINGTON, DC – Barbados is among countries expected o benefit from a new collaborative framework between the Inter-American Development Bank (IDB) and the OPEC Fund for International Development (OPEC Fund) which will enable the institutions to explore joint co-financing opportunities in key sectors for Latin America and the Caribbean (LAC).
WASHINGTON, DC – The Caribbean region faces a growing youth employment challenge, as outdated infrastructure and limited digital skills continue to constrain economic opportunities and resilience.
BRIDGETOWN, Barbados – The Food and Agriculture Organization (FAO) says it has been working with several regional countries in better manufacture products from sea moss, the superfood that has for decades been consumed across the Caribbean.
WASHINGTON, DC – The International Monetary Fund (IMF) said on Tuesday that economic growth in Latin America and the Caribbean (LAC) is projected to moderate from 2.4 percent in 2024 to two percent this year, before rebounding to 2.4 percent in 2026.
ST. JOHN’S, Antigua – Chairman of the Caribbean Community (CARICOM) Council for Trade and Economic Development (COTED), E.P Chet Greene has welcomed the revised measures announced by the Office of the United States Trade Representative (USTR) regarding China’s maritime, logistics and shipbuilding practices.