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Growth returns to Latin America and the Caribbean, says World Bank

19 April 2017

WASHINGTON – The World Bank says that countries in the Caribbean and Latin America are now pursuing counter-cyclical fiscal policies, in that they spending more in bad times and saving in good times. In it’s semi-annual report for the region entitled Leaning Against... Read More

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WICB, UWI sign MOU in honour of media stalwarts

18 April 2017

KINGSTON – The West Indies Cricket Board (WICB) and the University of the West Indies (UWI), through the Caribbean Institute of Media and Communications (CARIMAC), today signed a Memorandum of Understanding (MOU) for five bursaries to begin September 2017. The five... Read More

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PriceSmart borrows US$12m to finance T&T operations

17 April 2017

PORT OF SPAIN – Warehouse shopping giant PriceSmart has borrowed US$12 million from Citibank to finance its operations in US dollar-starved Trinidad and Tobago. In its US Securities and Exchange Commission (SEC) filing on April 6, PriceSmart said: “The company has evaluated... Read More

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Word Bank director lauds Jamaica

17 April 2017

KINGSTON – Newly appointed World Bank Caribbean Country Director, Tahseen Sayed, has lauded Jamaica for attaining stable growth and significant debt reduction under its International Monetary Fund (IMF)-supported economic reform programme. Addressing journalists during... Read More

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Tunnel lighting complete, road works next

17 April 2017

BASSETERRE – Motorists traveling through the tunnel at Timothy Hill on the Kennedy A. Simmonds Highway have been provided with additional safety with the completion of a lighting project. During last Wednesday’s edition of Working for You, Minister of Public Infrastructure... Read More

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Quakes jolt Caribbean neighbours

17 April 2017

BASSETERRE — An earthquake with a magnitude of 5.8 rocked St Kitts and Nevis early Monday, but there are no reports of injuries or damage. The Trinidad-based Seismic Research Unit says the tremor was recorded at 1:23 am (local time) at a latitude of 17.48 N, longitude... Read More

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Jamaica Government wants quicker access to dormant accounts

17 April 2017

KINGSTON – The Jamaica government says it is looking at reducing the time frame for government to have access to dormant bank accounts. Billions of dollars remain unclaimed in local financial institutions. Under the Banking Act, money in bank accounts that have been... Read More

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More overseas training for Guyana police

15 April 2017

GEORGETOWN – Cabinet has approved for several police officers to participate in training programmes overseas said Minister of State Joseph Harmon during a post-Cabinet press briefing Thursday. The Minister said approval was given by Cabinet for members of the Guyana... Read More

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Ousted opposition member to launch new party

15 April 2017

ST JOHN’S, Antigua – A new political party will be launched this week by former member of the opposition United Progressive Party (UPP) Joanne Massiah who was ousted two months ago. Massiah, who is the legislator for the constituency of All Saints East and St Luke,... Read More

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Moody’s upgrades Belize to stable

15 April 2017

NEW YORK – International credit rating agency, Moody’s Investors Service, has upgraded the government of Belize’s long-term foreign- and local-currency issuer and senior unsecured ratings to B3 from Caa2, stating that the country’s economic outlook is stable. On Wednesday,... Read More

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Jamaica to benefit from Japan-funded energy project

14 April 2017

KINGSTON – Jamaica is among four Caribbean countries that will benefit from the Japan International Cooperation Agency’s (JICA) implementation of a J$348.9 million (US$2.7 million) grant-funded energy efficiency project in the region. The three-year technical cooperation... Read More

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OECS, Maduro agree to ‘advance peace, good governance’ in Venezuela

13 April 2017

KINGSTOWN, St Vincent – Leaders of the ten-member sub-regional grouping, the Organisation of Eastern Caribbean States (OECS) and President of Venezuela, Nicolas Maduro have agreed to “an initiative that would advance peace, good governance and dialogue” in the South... Read More

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CL Financial welcome . . . with conditions

13 April 2017

GEORGETOWN – Minister of Finance Winston Jordan clarified Wednesday Chairman of the CL Financial Group, Lawrence Duprey has indicated three issues with regards to his relationship with Guyana. Minister Jordan, who met with the Financier Duprey recently, stated the... Read More

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Children’s advocate warns parents about online suicide game

12 April 2017

KINGSTON – Children Advocate Diahann Gordon Harrison is urging parents to be extremely vigilant in monitoring their children’s social media usage, as reports surface worldwide about the emergence of a new suicide game called the “Blue Whale Challenge”. The game,... Read More

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PM announces date for Bahamas election

12 April 2017

NASSAU, Bahamas – Bahamians go to the polls on May 10 to elect a new government in a general election that Prime Minister Perry Christie said he is confident would be “free, fair and peaceful”. In a broadcast soon after Police Commissioner Ellison Greenslade read proclamations... Read More

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Indigenous Guyanese villages to receive titles

11 April 2017

SEVERAL INDIGENOUS COMMUNITIES are expected to be titled and demarcated under the extended Amerindian Land Titling and Demarcation project this year. Four Miles in Port Kaituma, Region One and Kambaru Region Seven will be the first set of communities to receive their... Read More

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Caribbean Airlines to begin service to St Vincent & the Grenadines

11 April 2017

PIARCO – Caribbean Airlines is delighted to announce the introduction of service to Argyle International Airport, St Vincent and the Grenadines, starting 14 April 2017. The flights will operate twice weekly, every Friday and Sunday between Trinidad and Tobago and... Read More

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Opposition releases ‘Vision’ for Bahamas ahead of general election

11 April 2017

NASSAU, Bahamas – The minority opposition Democratic National Alliance (DNA) yesterday released its “vision” for the Bahamas as the country awaits the date for the general election that will most likely be announced by Prime Minister Perry Christie today. Read More

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President Moise describes attack on motorcade as act of terrorism

11 April 2017

PORT AU PRINCE, Haiti – The Office of the President of Haiti has described as “a terrorist act” last weekend’s attack on a presidential motorcade returning from the Artibonite department as preparations continue for the launch of the caravan of change scheduled for... Read More

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Jamaica teaming up with Facebook to broadcast missing children alerts

09 April 2017

KINGSTON – The Ministry of Education, Youth and Information will be partnering with social media giant Facebook to broadcast Ananda Alerts. In his contribution to the 2017/18 Sectoral Debate in the House of Representatives on April 5, State Minister in the Ministry... Read More

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Protests intensify in Venezuela

08 April 2017

CARACAS – Protesters clashed with security forces during protests in Venezuela on Saturday after a ban on a top opposition leader from office breathed life into a fractured movement and fuelled the first sustained anti-government demonstrations since 2014. Thousands... Read More

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