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US$33 million to finance climate change resilient infrastructure in the Caribbean

August 25, 2016
US$33 million to finance climate change resilient infrastructure in the Caribbean BRIDGETOWN, Barbados -- Officials from the Caribbean Development Bank (CDB) and the Agence Française de Développement (AFD) have signed an agreement to provide US$33 million towards financing sustainable infrastructure projects in the Caribbean region.

Commentary: Economic incentives vital for development of the Guiana Shield

August 25, 2016
Commentary: Economic incentives vital for development of the Guiana Shield The fourth international congress on the biodiversity of the Guiana Shield, sponsored by the International Biodiversity Society of the Guiana Shield (IBG) in conjunction with the Guyana government, was held during August 8-12 in Georgetown, Guyana. In his address to the forum on April 8...

IMF mission visits Suriname for first review of stand-by arrangement

August 20, 2016
IMF mission visits Suriname for first review of stand-by arrangement PARAMARIBO, Suriname -- An International Monetary Fund (IMF) staff mission, led by Daniel Leigh, visited Paramaribo from August 8 to 18, to initiate discussions on the first review under Suriname’s stand-by arrangement (SBA) with the IMF. At the conclusion of the visit, Leigh issued...

Barbados welcomes weekly Suriname flight

August 17, 2016
Barbados welcomes weekly Suriname flight BRIDGETOWN, Barbados (BTMI) -- Travel between Barbados, Suriname and Guyana should now be easier, thanks to the new Fly AllWays service out of the Johan Adolf Pengel International Airport in Paramaribo, Suriname. The Fly AllWays inaugural flight touched down at the Grantley Adams International...

Commentary: Plans advance for South American passport and citizenship

July 22, 2016
Commentary: Plans advance for South American passport and citizenship The Union of South American Nations (UNASUR) has advanced its plans for the establishment of a South American passport and the promotion of the free movement of all South American citizens throughout the continent. Towards this end, on June 28-29, the Working Group on South American...

Suriname hosts meeting on value chain approach in fisheries

July 19, 2016
Suriname hosts meeting on value chain approach in fisheries PARAMARIBO, Suriname (CRFM) -- The Caribbean Regional Fisheries Mechanism (CRFM) has convened a regional workshop for senior fisheries officers from its 17 member states on applying the value chain approach to maximize fisheries earnings in a week-long event scheduled...

CARICOM heads conclude latest summit in Guyana

July 9, 2016
CARICOM heads conclude latest summit in Guyana GEORGETOWN, Guyana -- The 37th regular meeting of the conference of heads of government of the Caribbean Community (CARICOM) held in Georgetown, Guyana, on July 4 – 6, 2016, concluded on Wednesday. The prime minister of Dominica, Roosevelt Skerrit, chaired the proceedings.

New director plans to turnaround Surinam Airways; government wants joint venture or merger

July 9, 2016
New director plans to turnaround Surinam Airways; government wants joint venture or merger PARAMARIBO, Suriname -- Surinam Airways (SLM) will again make a profit, according to its new director Robbi Lachmising, who brought SLM out of the red from 2000 to 2004. This period is seen as one of the best financial times in the airline’s history. In the past decade since Lachmising...

CARICOM ambassadors briefed on global health security agenda

July 9, 2016
CARICOM ambassadors briefed on global health security agenda WASHINGTON, USA -- Professor Goulda Downer, chair of the Caribbean Political Action Committee (C-PAC) and a member of Howard University Medical School Faculty, recently spearheaded a meeting with Caribbean ambassadors in Washington to brief them about the Global Health Security...

CARICOM leaders briefed on political situation in Suriname

July 7, 2016
CARICOM leaders briefed on political situation in Suriname GEORGETOWN, Guyana -- The president of Suriname, Desi Bouterse, briefed fellow heads of government attending the 37th Caribbean Community (CARICOM) summit in Guyana about the political and economic setbacks his country is experiencing. He called on leaders to...

Suriname president acts to halt his trial in 1982 political executions

July 1, 2016
Suriname president acts to halt his trial in 1982 political executions PARAMARIBO, Suriname -- President Desi Bouterse on Wednesday instructed Suriname's attorney general immediately to halt his trial in relation to the abduction and summary execution of 15 political opponents in 1982 when he was the military dictator of the CARICOM member nation.

Commentary: El Nino leaves many without access to safe, consumable water in the Caribbean

June 30, 2016
Commentary: El Nino leaves many without access to safe, consumable water in the Caribbean This past February, the Caribbean Disaster Emergency Management Agency (CDEMA) reported that several countries within the region had been issued immediate drought warnings by the Caribbean Institute of Meteorology and Hydrology (CIMH). Antigua, Barbuda, Barbados...

Top South American diplomats arrive in Suriname to meet President Bouterse

June 28, 2016
Top South American diplomats arrive in Suriname to meet President Bouterse PARAMARIBO, Suriname -- Delcy Rodríguez, the foreign minister of Venezuela, and Ernesto Samper, the secretary general of UNASUR, arrived on Monday in Paramaribo, the capital of Suriname, where they will hold meetings with President Dési Bouterse, according to Venezuela...

Suriname to improve governance and strengthen energy sector with $70 million IDB loan

June 9, 2016
Suriname to improve governance and strengthen energy sector with $70 million IDB loan PARAMARIBO, Suriname -- Suriname will increase the efficiency, transparency, sustainability and accountability of its energy sector, supported by a $70 million loan approved by the Inter-American Development Bank (IDB). It will be able to provide more reliable and sustainable energy.

Unions in Suriname plan prolonged protests against IMF program

June 4, 2016
Unions in Suriname plan prolonged protests against IMF program PARAMARIBO, Suriname -- Residents in Suriname are preparing for a prolonged series of protest demonstrations against the fallout from the ongoing financial and economic crisis in the country. For the second time in three weeks several thousand people marched in the streets in Paramaribo...

Suriname ethnic Javanese seek to expand economic ties with the 'Bahasa Motherland'

June 3, 2016
Suriname ethnic Javanese seek to expand economic ties with the 'Bahasa Motherland' PARAMARIBO, Suriname -- Dr Jim Rasam, CEO of Intermed Group, during his visit to Indonesia to participate in the 41st Islamic Bank Governors meeting in Jakarta, used the opportunity to make contacts with potential investors from the Bahasa-speaking nations of Indonesia and...

Exercise Tradewinds 2016 starts Sunday in Grenada

June 2, 2016
Exercise Tradewinds 2016 starts Sunday in Grenada ST GEORGE’S, Grenada -- Beginning Sunday, June 5, military and security forces from Caribbean nations will join the United States, Canada, France, and the United Kingdom for maritime and internal security and disaster response training in Grenada as part of Exercise Tradewinds 2016.

Turkish Airlines to support Guyana- and Suriname-based airlines

May 30, 2016
Turkish Airlines to support Guyana- and Suriname-based airlines ISTANBUL, Turkey -- Airlines based in Guyana and Suriname, members of the Islamic Development Bank (IsDB), will benefit from an agreement signed on May 25 between Turkish Airlines (THY) and the IsDB to enhance cooperation among 57 members of the bank, according to a statement...

IMF approves US$478 million stand-by credit for Suriname

May 30, 2016
IMF approves US$478 million stand-by credit for Suriname WASHINGTON, USA -- The executive board of the International Monetary Fund (IMF) on Friday approved a 24-month stand-by arrangement (SBA) for Suriname, in an amount equivalent to SDR 342 million (about US$478 million or 265 percent of quota), to support the government’s...

Insel Air becomes first airline to reconnect Guyana and Brazil

May 27, 2016
Insel Air becomes first airline to reconnect Guyana and Brazil WILLEMSTAD, Curacao -- As of July 4, 2016, Insel Air of Curacao will connect Guyana and Brazil by air after a five-year void of no direct air services between the two countries that share a vast frontier. This long awaited service is welcomed by the public. The last airline to fly this route...

Suriname seeks to expand Islamic banking and finance

May 23, 2016
Suriname seeks to expand Islamic banking and finance JAKARTA, Indonesia -- The Surinamese delegation headed by minister of finance, Gillmore Hoefdraad, who just attended the 41st annual meeting of the Islamic Development Bank (IsDB) in Jakarta, Indonesia, last week, had a fruitful and robust engagement at the meeting, including the development of...

Suriname Parliament approves Islamic (OIC) Charter

May 21, 2016
Suriname Parliament approves Islamic (OIC) Charter PARAMARIBO, Suriname -- After three rounds of debates, the Parliament of Suriname, with 28 votes in favour, ratified the revised Charter of the Organisation of Islamic Cooperation (OIC) on Thursday amidst an abstention from the Hindustani Party (VHP). Suriname has been a member...

Non-stop flights between Suriname and New York still on SLM radar

May 21, 2016
Non-stop flights between Suriname and New York still on SLM radar PARAMARIBO, Suriname -- After more than eight years, Suriname’s Johan Pengel International Airport, with the cooperation of the United States, has now been certified as a category 1 airport, which will now allow Suriname-based airlines to fly non-stop to the US and, with this...

CDB approves US$50 million loan to Suriname

May 18, 2016
CDB approves US$50 million loan to Suriname KINGSTON, Jamaica -- The Caribbean Development Bank (CDB) board of directors on Monday approved a US$50 million policy-based loan to Suriname to urgently address the country’s fiscal imbalances, through support for energy sector reforms. Suriname has already begun...

Thousands in Suriname protest against electricity price hike

May 14, 2016
Thousands in Suriname protest against electricity price hike PARAMARIBO, Suriname -- Over 5,000 disgruntled citizens took to the streets in Suriname’s capital Paramaribo on Friday to protest against a steep price hike for electricity. The move to increase the price came just days after the International Monetary Fund (IMF) advised the Bouterse-administration...

Islamic Bank South South cooperation to improve rice production in Suriname

May 7, 2016
Islamic Bank South South cooperation to improve rice production in Suriname PARAMARIBO, Suriname -- The Islamic Development Bank (IsDB), through its “reverse linkage” initiative to enhance South/South cooperation among its 57 members, is matching the challenge of Suriname with the experience of Malaysia so that the two countries can collaborate...

Guyana and Suriname finance ministers to attend Islamic Bank meeting

May 6, 2016
Guyana and Suriname finance ministers to attend Islamic Bank meeting JAKARTA, Indonesia -- The finance minister of Guyana and governor to the Islamic Development Bank (IsDB), Winston Jordan, along with his Surinamese counterpart, Gillmore Hoefdraad, will travel to Indonesia to attend the 41st board of governors meeting to be held May 15-19.

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