BIDGETOWN, Barbados – In a move towards enhancing economic resilience and sustainable infrastructure, Prime Minister of The Bahamas Philip Davis has signed a $200 million agreement with the African Export-Import Bank (Afreximbank). The agreement, which focused on developing climate-resilient and trade-enhancing infrastructure, was signed on the sidelines of the just ended 48th CARICOM Heads of Government Meeting in Barbados.
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GEORGETOWN, Guyana – The Guyana government has no immediate plans to facilitate or regulate cryptocurrency transactions, despite having studied the matter, according to Vice President Dr Bharrat Jagdeo.
TORTOLA, British Virgin Islands – The Governor of the neighboring US Virgin Islands (USVI), Albert Bryan Jr has requested an emergency session with his legislature to discuss imposing a 25% tariff on imports from the British Virgin Islands and introducing travel fees for non-residents crossing between the two territories.
BRIDGETOWN, Barbados – The chief executive officer of the Caribbean Community (CARICOM) Private Sector Organization (CPSO), Dr. Patrick Antoine, says he expects an important announcement will be made at the Caribbean Community (CARICOM) summit regarding air transportation where the movement of agri food products are concerned.
GEORGETOWN, Guyana – New President of the Caribbean Development Bank (CDB) Daniel Best has left Guyana following a successful three-day visit that included the commissioning of two schools.
BRIDGETOWN, Barbados – Caribbean leaders are expected to meet with their African counterparts during the 32nd African Export-Import Bank (Afreximbank) Annual Meetings (AAM) in Abuja, Nigeria from June 23-28 this year.
GEORGETOWN, Guyana – Demerara Distillers Limited (DDL) says it has significantly upgraded its ageing capacity for its rum products with the construction of a new barrel aging warehouse at its Diamond, East Bank Demerara facility.
PORT OF SPAIN, Trinidad – The state-owned Caribbean Airlines (CAL) recorded an operating profit of US$12.1 million last year, Finance Minister Colm Imbert has announced.
PORT OF SPAIN, Trinidad – The director of Economics at the Barbados-based Caribbean Development Bank (CDB), Ian Durant, says regional governments should increase investment in trade enabling initiatives which strengthen both competitiveness and efficiency.
GEORGETOWN, Guyana - President of ExxonMobile Guyana, Alistair Routledge, Wednesday said that the oil and gas company which is operating the Stabreok Block, is moving towards extracting at least one billion cubic feet of natural gas daily in addition to its 250,000 barrels of crude oil daily from the Longtail project.
PORT OF SPAIN, Trinidad - Energy Minister Stuart Young Monday said that the energy sector is at a crossroad facing unprecedented challenges but also unparalleled opportunities.
PORT OF SPAIN, Trinidad – Prime Minister Dr. Keith Rowley Monday said that the government is expected to announce soon the preferred bidder for the refinery at Point a Pierre, south of here, which had been shut down due to the million of dollars in losses.
BRIDGETOWN, Barbados – The Food and Agriculture Organization(FAO) says it has introduced digital soil scanning technology to support agriculture in Barbados.