SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) says despite the Regional Poverty Rate, which rose with the COVID-19) ppandemic, declining to a level similar to 2014 and reaching the lowest level on record in last year, and estimated 172 million people in Latin America and the Caribbean (LAC) still do not have enough income to meet their basic needs.
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GEORGETOWN, Guyana - The Guyana government says it is encouraged that three local companies will be involved in the construction of the Jaguar Floating, Production, Storage and Offloading (FPSO) vessel.
PORT OF SPAIN, Trinidad – A delegation from the Suriname state-owned oil company, Staatsolie Maatschappij Suriname N.V. (Staatsolie) has ended a visit in trinidad aimed at enhancing knowledge exchange and capacity building between the two oil producing Caribbean countries.
BRIDGETOWN, Barbados – Caribbean Community (CARICOM) Central bank governors ended a two-day meeting on Friday, addressing pressing economic issues and strengthen the region’s financial systems, with a focus on key topics such as financial stability, cybersecurity, and regional economic performance.
GEORGE TOWN, Cayman Islands – The Premier of this British Overseas territory, Juliana O’Conner-Connolly on Friday that public sector employees can look forward to a US $2,000 Christmas bonus .
GEORGETOWN, Guyana – G-Mining Ventures Corporation – a Canadian mining company is aiming to produce 350,000 ounces of gold annually when its US$1.5 Billion Oko West Project begins operation here in 2027.
CASTRIES, St. Lucia – The Organisation of Eastern Caribbean States (OECS) Business Council (OBC) says it is seeking to enhance its advocacy for the private sector in the Eastern Caribbean.
NASSAU, Bahamas – Governor of the Central Bank of The Bahamas (CBB), John Rolle, Monday said that the local economy continued to expand over the first three quarters of 2024, however, the available indicators of growth slowed in comparison to 2023.
ST. JOHN’S, Antigua – A “tired” Prime Minister Gaston Browne has told the Jamaica-based Sandals Resorts International (SRI) to consider removing its property in his country after he claimed that the luxury hotel brand, Sandals, has adopted a policy of not wanting to pay taxes.
PORT OF SPAIN, Trinidad – Finance Minister Colm Imbert has brushed aside any suggestion that the Trinidad and Tobago government would move to “float” the local currency, but announced a restructured foreign exchange (forex) window at the EximBank effective from the start of this month.
BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) Wednesday said despite global economic uncertainties and the negative consequences of Hurricane Beryl, Barbados has maintained a steady path of economic growth and resilience
NASSAU, Bahamas - Bahamas Prime Minister Phillip Davis is calling for new partnerships for the future of aviation in Latin America and the Caribbean saying together ‘we have the opportunity to make a real difference in how our region meets the demands of a complex, interconnected world”.
KINGSTOWN, St, Vincent – Prime Minister Dr. Ralph Gonsalves has announced a cost-of-living initiative intended to benefit 3,000 people for three months.