(Trinidad Guardian) The US Government’s proposal to impose huge fees on Chinese-built or Chinese-flagged vessels docking at US ports could increase the cost of freight to the Caribbean by between 50 and 60 per cent, which could result in higher prices on imported goods of 15 to 20 per cent.
-Persaud highlights need for review of Partial Scope Agreement
Guyana and the state of Roraima in northern Brazil this week renewed efforts to deepen economic ties while positioning their respective private sectors as the drivers of investment and business collaboration.
The Georgetown Chamber of Commerce and Industry’s (GCCI) Petroleum Committee, cognisant of the importance of the energy sector to Guyana’s development, on March 13 engaged the Chief Executive Officer of the Guyana Power and Light (GPL) Incorporated, Kesh Nandlall.
-green transition financial product to be launched
Newly appointed Caribbean Development Bank (CDB) President, Daniel Best, has laid out an ambitious vision for the 55-year-old institution, focusing on action, innovation, and measurable impact.
(Trinidad Guardian) The world is in a whirlwind of trade wars due to tariffs that have been threatened to be imposed by United States President Donald Trump.
(Trinidad Guardian) Planning Minister Pennelope Beckles is confident that IDB Invest’s US$150m deal with the Massy Group will be a perfect incubator for future collaboration between the bank and the Government.
-amid EPA review
Skyline Contracting Services is moving ahead with the construction of its multi-million-dollar hotel and theme park in Middlesex Village, Canal No.
GSE (https://guyanastockexchangeinc. com/telephone Nº 223-6175/6) reports that session 1115’s trading results showed consideration of $22,196,292 from 61,041 shares traded in 32 transactions as compared to 1114’s trading results which showed consideration of $18,441,465 from 86,872 shares traded in 34 transactions.
Each year that a Guyana contingent had flown off to sister CARICOM member country, Barbados, to participate in the island’s Agro Fest, an event designed to serve as a marketplace where ‘vendors’ from the Caribbean could display indigenous products in a space that attracted the attention of a single regional market, Guyanese Agro Processors and craftsmen and women embraced the event as one that provided an option for expanding from what has always been a limited domestic market.
As Guyana’s development profile continues to become, increasingly, a matter of global attention, much of the country’s development agenda is being focused, increasingly, on enhancing its health and wellness agenda.
(Trinidad Express) Major oil and gas companies paid US$7.4 billion to the government of Trinidad and Tobago between 2015 and 2022, according to the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) report published last month.
(Trinidad Express) Business groups have expressed concern about the United Kingdom government’s decision to implement a visa requirement for Trinidad and Tobago nationals.
…institution to locate general manager in T&T
Trinidad and Tobago Guardian Newspaper
Nine years ago, IDB Invest was “recreated” with the intent to place more focus on the Caribbean.
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1114’s trading results showed consideration of $18,441,465 from 86,872 shares traded in 34 transactions as compared to 1113’s trading results which showed consideration of $26,600,995 from 63,958 shares traded in 35 transactions.
…but uncertainty remains
By Karena Bennett
(Jamaica Observer) MANUFACTURERS may have to wait until the dust settles on the 2025/26 Budget Debate before gaining clarity on whether the Government will move beyond moral suasion and introduce policy-backed solutions to enforce local procurement, particularly among hotel chains benefiting from duty-free imports.