KINGSTON, Jamaica – The Andrew Holness led administration is targeting the southern section of the island for the development of a new city in the country.

WASHINGTON, DC – The International Monetary Fund (IMF) says with the economies of member countries of the Eastern Caribbean Currency Union (ECCU) slowly emerging from the COVID-19 pandemic “with scars”, the impact of the war in Ukraine is a setback to the nascent recovery

BRIDGETOWN, Barbados –The Barbados economy registered its fifth consecutive quarter of growth between April and June, but the expansion, though vibrant, was weaker than in the first quarter,, the Governor of the Central Bank of Barbados, (CBB), Cleviston Haynes said Wednesday.

WASHINGTON, DC – The United States Wednesday signaled its “serious” intention in helping the CARICOM countries access financing for developmental projects after it signed a two billion US dollar agreement with Guyana.

WASHINGTON, DC – Guyana’s President, Dr. Irfaan Ali says while his country is rapidly evolving as an oil and gas market, the economy will not depend solely on the “treasured natural resource” for countrywide development.

GEORGETOWN, Guyana – President Irfaan Ali has hailed the launched of the Guyana’s first merchant bank in nearly 30 years, as a crucial part of the country’s development.

GEORGETOWN, Guyana – By the year 2030, Guyana is expected to earn approximately US$7.5 billion annually through several oil projects in the offshore Stabroek Block. 

WASHINGTON, DC – The import duty on electric vehicles has been reduced from 30 percent to 10 percent, and purchasers of those vehicles will not have to pay license fees over the next five years.

PORT OF SPAIN, Trinidad – The Trinidad and Tobago Government on Tuesday welcomed a ruling by the United States International Trade Commission revoking hefty anti-dumping and anti-subsidy duties’ on urea ammonium nitrate fertilizers from the oil-rich twin island Republic.

KINGSTOWN, St. Vincent – More than 20 years after St. Vincent and the Grenadines was banned from exporting seafood to the European Union, Minister of Fisheries, Saboto Caesar is promising that the situation will be resolved soon.

PORT OF SPAIN, Trinidad – The Trinidad and Tobago government Monday said the country had recorded a windfall of more than eight billion dollars (One TT dollar=US$0.16 cents) as a result of the increase in prices for oil and energy products on the global market, but warned that the funds would not be used solely to pay one section of the population salary increases and arrears.

KINGSTON, Jamaica – Tourism Minister Edmund Bartlett says that Jamaica’s source markets for tourists are being further expanded and diversified to include several countries in Africa and the Middle East.