WASHINGTON, DC – The International Monetary Fund (IMF) Friday said Trinidad and Tobago’s economic activity is recovering supported by higher global energy prices and the rebound of the non-energy sector.
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KINGSTON, Jamaica – Jamaica's government is urging local manufacturers and artisans to seize the opportunity to participate in the annual Christmas in July event, saying it provides a valuable platform for small and medium-sized entities to display their locally made gifts and souvenir items to various market segments.
PARAMARIBO, Suriname – Suriname's government is considering increasing the tax-free limit for workers as Suriname continues to feel the impact of an economic crisis.
ST. GEORGE’S, Grenada – Grenada earned EC$297.6 million (One EC dollar=US$0.37 cents) in revenue and grants during the first three months of this year, a significant decline for the same period last year.
KINGSTON, Jamaica – Jamaica’s four-day Exposition got underway with Prime Minister Andrew Holness saying that the country must look to the export market in order to become a rich country.
BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) Wednesday said that the local economy is expected to register strong growth this year, continuing the recovery following the slump caused by the COVID-19 pandemic.
KINGSTON, Jamaica – The United States-based Century Aluminum Company, is to acquire Noble’s 55 percent ownership interest in the bauxite company, Jamalco with the transaction expected to be completed by month end.
BRIDGETOWN, Barbados – One of the region’s leading trade and investment promotion organizations, the Caribbean Export Development Agency, is reporting significant progress in helping regional firms to build export capacity.
WASHINGTON, DC - Jamaica’s Tourism Minister Edmund Bartlett has warned that despite tourism being one of the most significant contributors to global output – providing jobs, incomes and livelihoods for millions of people – the sector remains susceptible to external shocks and crises, such as natural disasters, economic downturns, and pandemics.
PARAMARIBO, Suriname – The Bureau for the National Debt says Suriname is showing signs of economic growth, though slowly, predicting that it could reach 2.3 percent this year, up from 1.3 percent last year.
WASHINGTON, DC – Jamaica’s Finance Minister, Dr Nigel Clarke says his country has the “distinction” of being the only country in the Western Hemisphere that has been able to record higher economic output in real terms than for the similar quarter prior to the COVID-19 pandemic.
WASHINGTON, DC -Guyana is expected to record the highest growth among Caribbean Community (CARICOM) countries this year while Haiti will record under one percent growth in 2023, according to the latest World Economic Outlook, released by the International Monetary Fund (IMF) on Tuesday.
KINGSTON, Jamaica – President of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood, says the upcoming Expo Jamaica 2023 provides the opportunity for businesses to jump-start exports coming out of the COVID-19 pandemic.