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Suriname identified as one of world's top two sources of fresh water

December 2, 2016
Suriname identified as one of world's top two sources of fresh water PARAMARIBO, Suriname -- Alliance Partners of Monaco, which is moving to tap the lucrative drinking water business, has identified Suriname and Finland as the world’s top two sources of high quality drinking water during a press conference this week in Finland. However, the company...

Arriving passenger from Suriname arrested at JFK carrying cocaine in suitcase

November 30, 2016
Arriving passenger from Suriname arrested at JFK carrying cocaine in suitcase NEW YORK, USA -- An arriving passenger from Suriname had more than clothes in his suitcase when encountered by US Customs and Border Protection Officers at John F. Kennedy International Airport in New York. On Sunday, CBP officers stopped Dhroepchand Badal, who arrived on...

Suriname develops novel means to export water to fight Caribbean drought

November 25, 2016
Suriname develops novel means to export water to fight Caribbean drought PARAMARIBO, Suriname -- This week, a boat will tow a giant bag made from PVC-coated fabric with enough water to fill an Olympic-size swimming pool from Suriname to drought-stricken Barbados and Curacao. It will be a test run for a technology Auke Piek, a 44-year-old Dutch engineer...

Suriname economy in deep recession, says IMF

November 21, 2016
Suriname economy in deep recession, says IMF PARAMARIBO, Suriname -- The economic outlook for Suriname remains challenging, the International Monetary Fund (IMF) said at the conclusion of its regular 2016 Article IV consultation. For 2016, a GDP contraction of 9 percent is projected, following a 2.7 percent contraction in 2015.

IDB engages Caribbean youth on creating vibrant economies, climate change and other issues

November 21, 2016
IDB engages Caribbean youth on creating vibrant economies, climate change and other issues KINGSTON, Jamaica -- Since the appointment last April of Therese Turner-Jones as general manager of the Inter-American Development Bank’s (IDB) Caribbean country department, there has been increased academic and social engagement with the youth across the region.

Caribbean countries receive US$8 million to reduce health risks from toxic chemicals

November 7, 2016
Caribbean countries receive US$8 million to reduce health risks from toxic chemicals PORT OF SPAIN, Trinidad -- Eight Caribbean territories are to receive financial assistance totaling US$8 million to combat exposure to toxic chemicals found in household cleaning products, processed foods and even clothing that can severely damage a person’s health.

Suriname foreign minister addresses Korea-Caribbean forum in Seoul

November 2, 2016
Suriname foreign minister addresses Korea-Caribbean forum in Seoul SEOUL , Korea -- The foreign minister of Suriname, Niermala Badrising, who was the keynote speaker at the sixth high-level forum of the Korea-Caribbean Partnership in Seoul on October 26, held under the theme “Climate Change and Food Security”, told the gathering that climate change...

COTED urges Trinidad to resolve legal issues preventing duck imports from Suriname

October 31, 2016
COTED urges Trinidad to resolve legal issues preventing duck imports from Suriname GEORGE TOWN, Cayman Islands -- A trade dispute preventing Surinamese duck meat from entering the market in Trinidad and Tobago could be resolved as soon as the Trinidad government amends its Animal Act, a Trinidad official told the CARICOM Council for Trade and Economic...

Suriname-based Fly Allways faces uncertain future

October 28, 2016
Suriname-based Fly Allways faces uncertain future PARAMARIBO, Suriname -- Start up Suriname-based airline, Fly Allways, following years of setback towards certification to fly, apparently now faces dark skies ahead. With creditors awaiting payments, poor payloads, and one of its two Fokker 70 aircraft being used as a source of spare...

Suriname offers many opportunities for trade and investments, foreign minister tells OIC meeting

October 25, 2016
Suriname offers many opportunities for trade and investments, foreign minister tells OIC meeting TASHKENT, Uzbekistan -- The foreign minister of Suriname, Niermala Badrising, told a gathering of the 43rd Organisation of Islamic Cooperation (OIC) foreign ministers meeting last Tuesday in Uzbekistan that her country “offers many opportunities for trade and investments”, and called...

MacDonald reappointed as Suriname's ambassador to the UN

October 24, 2016
MacDonald reappointed as Suriname's ambassador to the UN PARAMARIBO, Suriname -- President Desi Bouterse has reappointment career diplomat Henry MacDonald for the second time as Suriname’s ambassador to the United Nations and, on Friday, MacDonald presented his credentials to UN Secretary General Ban Ki-moon. MacDonald is the...

Rule of Law Index ranks Costa Rica, Barbados and Antigua-Barbuda highest in region

October 24, 2016
Rule of Law Index ranks Costa Rica, Barbados and Antigua-Barbuda highest in region WASHINGTON, USA -- The latest World Justice Project (WJP) Rule of Law Index was published last week and includes 22 countries in the wider Caribbean in its expanded coverage of 113 countries and jurisdictions (from 102 in 2015), relying on more than 100,000 household and expert...

Phone call made by fugitive drug trafficker's wife gave up his location in Suriname

October 20, 2016
Phone call made by fugitive drug trafficker's wife gave up his location in Suriname PARAMARIBO, Suriname -- A phone call that was said to be made from Suriname by fugitive drug trafficker Barry Dataram’s common law wife to someone believed to be his aunt in Guyana on Sunday, 9 October 2016, was more than the crack that US cyber intelligence had needed...

Suriname's foreign minister to push economic diplomacy in Uzbekistan

October 15, 2016
Suriname's foreign minister to push economic diplomacy in Uzbekistan PARAMARIBO, Suriname -- The foreign minister of Suriname, Niermala Badrising, will attend the 43rd Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers (CFM) meeting, which will take place on October 18-19 in Tashkent under the chairmanship of Uzbekistan.

Fugitive Guyanese drug kingpin caught in Suriname

October 15, 2016
Fugitive Guyanese drug kingpin caught in Suriname PARAMARIBO, Suriname -- Self-confessed Guyanese drug lord Barry Dataram was caught on Friday afternoon by police in neighbouring Suriname. Acting on a tip, a police squad raided a home in Latour, south of the capital Paramaribo, where the fugitive was hiding. Together with Dataram...

Suriname government's tourism plan lacks vision, say critics

October 14, 2016
Suriname government's tourism plan lacks vision, say critics PARAMARIBO, Suriname -- With the Suriname government’s embrace of tourism as part of its plan to diversify its commodity-dependent economy, which is vulnerable to price fluctuations – one of the main causes of the country’s current economic recession of Suriname – the government...

IMF praises Eastern Caribbean for tackling correspondent banking issues

October 10, 2016
IMF praises Eastern Caribbean for tackling correspondent banking issues WASHINGTON, USA -- As the International Monetary Fund (IMF) wrapped up its annual meeting in Washington, DC, this weekend, managing director Christine Lagarde praised the Eastern Caribbean on its effort to address problems related to the withdrawal of correspondent banks.

United States dedicates new embassy in Paramaribo, Suriname

October 7, 2016
United States dedicates new embassy in Paramaribo, Suriname PARAMARIBO, Suriname -- Under Secretary for Management Patrick F. Kennedy, US Ambassador Edwin R. Nolan, and the Bureau of Overseas Buildings Operations (OBO) Principal Deputy Director William Moser, alongside local officials, dedicated the new US embassy in Paramaribo.

Islamic Bank approves additional US$10 million for Suriname health sector

October 6, 2016
Islamic Bank approves additional US$10 million for Suriname health sector JEDDAH, Saudi Arabia -- Last week, on September 28, in Jeddah, Saudi Arabia, the Board of Directors of the Islamic Development Bank (IsDB) approved additional funding of US$10 million for the supplementary financing for the health systems strengthening project in Suriname.

Researchers trace Suriname rice back to Africa, suggesting new link with slave trade

October 6, 2016
Researchers trace Suriname rice back to Africa, suggesting new link with slave trade NEW YORK, USA -- A team of researchers has traced a type of rice grown in the South American country of Suriname to a similar type found in the fields of Ivory Coast, revealing additional linkages between “New World” and “Old World” crops that likely resulted from the slave trade.

OIC offers to finance bridge between Guyana and Suriname to promote regional integration

October 5, 2016
OIC offers to finance bridge between Guyana and Suriname to promote regional integration PARAMARIBO, Suriname -- Following the visit of the secretary-general of the Organisation of Islamic Cooperation (OIC), Iyad Ameen Madani, and his delegation to both Suriname and Guyana last week, the ministry of foreign affairs of Suriname has reported that the OIC is willing to...

New mine starts commercial gold production in Suriname

October 5, 2016
New mine starts commercial gold production in Suriname PARAMARIBO, Suriname -- Surgold, a subsidiary of US-based multinational Newmont Mining Corporation, has completed construction of the Merian gold mine in Suriname on time and commenced commercial production on October 1.  Newmont disclosed that the Merian project was completed...

Suriname grants licence to first Islamic bank in Western Hemisphere

October 3, 2016
Suriname grants licence to first Islamic bank in Western Hemisphere PARAMARIBO, Suriname -- In major development that will see Suriname hosting the first Islamic bank in the Western Hemisphere, the Central Bank of Suriname has finally, granted the Trust Bank a licence to commence Islamic banking. Trust Bank plans to be in operation in 2017.

Venezuela dominates Guyana UN agenda, while Suriname pushes economic diplomacy

October 1, 2016
Venezuela dominates Guyana UN agenda, while Suriname pushes economic diplomacy NEW YORK, USA -- As in his previous UN address in 2015, Venezuela dominated Guyana President David Granger’s speech at the United Nations 71st General Assembly debate. Granger also addressed climate change and shared with the gathering Guyana’s plans for a “green economy”.

Suriname to diversify and expand OIC participation on the heels of secretary general's visit

September 30, 2016
Suriname to diversify and expand OIC participation on the heels of secretary general's visit PARAMARIBO, Suriname -- In an effort to “efficiently and effectively” use its Organisation of Islamic Cooperation (OIC) membership, the government of Suriname will “diversify” its relations with the group to push national development, the foreign ministry said in a press release.

Suriname to invest US$1.287 billion in energy and infrastructure

September 27, 2016
Suriname to invest US$1.287 billion in energy and infrastructure PARAMARIBO, Suriname -- With a soft loan of US$1.8 billion from the Islamic Development bank (IsDB), Suriname will invest $1.287 billion from that sum to finance a series of more than 40 projects in energy and infrastructure as part of President Desi Bouterse’s government’s “Framework for...

More Caribbean countries decry new financial rules

September 27, 2016
More Caribbean countries decry new financial rules NEW YORK, USA -- Declaring that Caribbean countries are being treated “as if they are hell on earth” due to new financial rules against tax havens, Bahamian Foreign Minister Fred Mitchell mounted the podium of the United Nations General Assembly on Monday to denounce the...

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