ST. JOHN’S, Antigua – Reporting that the country has bounced back after being battered by the COVID-19 pandemic, Prime Minister Gaston Browne on Thursday reported that the economy recorded 5.3 percent growth last year despite the difficult economic circumstances and the reduction in revenues throughout 2020 and 2021.
ST. JOHN’S, Antigua – The Antigua and Barbuda government says it is seeking to raise US$200 million on the European Stock Market in a bid to acquire the Jolly Beach Hotel, which closed its doors nearly two years ago owing both government and workers millions of dollars in outstanding taxes and severance.
TORONTO, Canada – The Canadian-based CGX Energy Inc. (CGX) has announced the discovery of oil at the Kawa-1 well in the Corentyne Block in Guyana.
BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Tuesday projected a 9.1 percent gross domestic product (GDP) growth across its 19 Borrowing Member Countries (BMCs) in 2022, accelerating the region’s economic recovery which started in 2021.
MIAMI, Florida – Noting the loss of over US$1 billion in 2021 because of a stagnation in travel between the region’s destinations, the Caribbean Hotel and Tourism Association (CHTA) recommends a concerted effort by Caribbean government and private sector leaders to boost intra-regional travel, while fostering greater parity, clarity and consistency for travel.
GEORGETOWN, Guyana – Guyana will soon launch a GUY$2,000 (one Guyana dollar=US$0.004 cents) bill.
KINGSTON, Jamaica – Prime Minister Andrew Holness says Jamaica is recovering steadily from the economic fallout sparked by the COVID-19 pandemic, based on the out-turns of several key indicators.
PORT OF SPAIN, Trinidad – Energy and Energy Industries Minister Stuart Young Tuesday announced the execution of a heads of agreement for the restructuring of Atlantic LNG, one of the world’s largest producers of Liquefied Natural Gas.
Kingston, Jamaica - The GraceKennedy Group has launched its 100th anniversary celebrations (GK100) with the announcement of a share offer for its over 2000 employees. The announcement of the offer, which is geared at broadening the share ownership of the GraceKennedy (GK) team in the Company, was made by GK Group CEO Don Wehby during the virtual launch of GK100. The launch was streamed live to hundreds of GK employees from around the world on Saturday, January 15, 2022, one month ahead of GraceKennedy’s official 100th anniversary date – February 14, 2022.
CASTRIES, St. Lucia – St. Lucia has signed a five-year agreement with Taiwan aimed at improving the island’s agricultural sector.
KINGSTON, Jamaica – Agriculture Minister Pearnel Charles Jr., says Jamaica is seeking to increase production and expand the export base for Blue Mountain Coffee.
KINGSTON, Jamaica – Jamaica received US$115 billion in export earnings over a nine-month period last year, representing a 26.3 percent increase over the US$910.7 million recorded for the corresponding period in 2020.
KINGSTON, Jamaica – Jamaica's government says it is committed to assisting tourism workers to find adequate and affordable housing.
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