Business

CARICOM has made ‘strictly’ limited progress on regional food security

With the Caribbean seemingly having ‘gone quiet’ following a period of energetic assertiveness about a region-wide Food Security Plan to push back concerns voiced at the level of various UN food-related agencies regarding the region’s seeming diminishing food sufficiency bona fides, it would appear that, for the time being, at least, some member countries of the regional grouping are seeking to take more direct responsibility for their own food self-sufficiency. 

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1092s trading results showed consideration of $159,310,122 from 493,534 shares traded in 41 transactions as compared to session 1091’s trading results which showed consideration of $977,814 from 4,249 shares traded in 14 transactions.

Singapore, UK, Taiwan on CEO World leader board of investment friendly countries

CARICOM countries remain ‘off the pace’ For all the international attention which Guyana has derived in recent years on account of the country’s ‘world class’ oil finds and the various prognoses that have been articulated for the country’s future, it will, it seems, be some time before it secures any of those global accolades reserved for the ‘high fliers’ in the global economy.

Jamaican Agriculture Minister, Floyd Green

Hurricane Beryl would almost certainly have endangered CARICOM’s 25×2025 projection

While in the immediate aftermath of Hurricane Beryl businesses in Jamaica that depended heavily on the agriculture sector for substantial amounts of both their local and external earnings are still focused on recovery, the country’s Agriculture Minister Floyd Green recently provided assurances that the sector is poised to make a speedy recovery, rather than have to enjoy a prolonged period of stagnation and/or decline.

Suriname Finance Minister Stanley Raghoebarsing.

Suriname’s oil ‘bonanza’ yields positive World Bank response

Not unmindful of Suriname’s likely emergence as a global oil giant in the not too distant future the World Bank has ‘opened its coffers’ to Guyana’s neighbour to the east that has seen the Bank Group’s Board of Directors endorse a new strategic partnership with the country that will last over the next four years and is reportedly focused on supporting the country’s long-term development vision.

FINANCE MINISTER: Colm Imbert

Trinidad to divest 49% stake in CLICO

(Trinidad Express) The Government intends to sell its 49% shareholding in Colonial Life Insurance Company (CLICO), Minister of Finance Colm Imbert has announced, revealing that approximately TT$13 billion is still owed for the bailout of CL Financial.

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