The latest press releases and stories from Caribbean businesses
Bahamian motorists were warned on 5 October 2026 to brace for petrol at US$7.50 a gallon, up from US$7.06. The same day in the British Virgin Islands, where regular petrol sells at US$5.15, a commentator demanded price controls. Guatemala already intervened, at US$762 million.
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LUMA Energy told the Supreme Court of Puerto Rico on 5 October 2026 that voiding its contract extension would impose about US$1.3 billion, of which at least US$726 million is unavoidable. Governor Jenniffer Gonzalez Colon called the figure completely false the next day.
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Caribbean Airlines will fly Tobago to Toronto weekly from 25 October 2026, resume Trinidad to Caracas on 31 October 2026 and run Trinidad to Panama charters from 1 December 2026 to 9 February 2027. The release names no executive. Six audited years remain outstanding.
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The Guyana Development Bank opened on 5 October 2026 offering loans of up to G$3 million with no interest and no collateral. It opens credit to Guyanese without assets, including public servants, but its lending rules remain unpublished.
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Economy Minister Luis Caputo unveiled Argentina's golden passport in Paris on 2 October 2026, at 311,000 euros or 711,000 euros in a seven-year bond. The Eastern Caribbean's five citizenship programmes operate under a US$200,000 floor and a European Commission request to close by 1 June 2028.
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President Ali and Minister Indar said on 30 September that Guyana is seeking an international partner to build and operate an Aviation Centre of Excellence. The 2026 Budget carries G$100 million, about US$480,000. No partner has been named, and no airline for Terminal Two.
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Reports said Guyana's oil reserves had fallen below 11 billion barrels. The operator's estimate has not fallen, and has not moved since April 2022. Four parties publish a figure for the same block, and the Government of Guyana's is the highest of them.
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PortMiami's 2026-27 lineup confirms MSC Meraviglia homeporting in Miami rather than Brooklyn. MSC cancelled Brooklyn sailings from 8 November 2026 to 11 April 2027. The ship will run six and eight night Caribbean itineraries, and Miami will hold four MSC ships for the first time.
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President Jennifer Simons presented Suriname's draft 2027 budget on 30 September 2026. Revenue is estimated at SRD 70.1 billion against spending of SRD 80.9 billion, a deficit of SRD 10.8 billion, equal to 4 per cent of gross domestic product.
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Argentina's Senate rejected Decree 70/2023 in its entirety on 14 March 2024 by 42 votes to 25. Under Law 26.122 a decree falls only if both chambers reject it, so only the Chamber of Deputies remains. A session is being sought for 7 or 14 October.
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Belize's agriculture minister told Caribbean Week of Agriculture that the private sector is reluctant to buy regional goods. The Jamaica Chamber of Commerce president replied that price drives commercial decisions and governments must close the gap. CARICOM's food import bill exceeds US$6 billion.
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The Rotary Club of Georgetown Central delivered a Change for Community donation box to the departure lounge at Cheddi Jagan International Airport on 29 September. The airport handled 973,016 passengers in 2025, against 182,736 in 2020, a rise of 432 per cent.
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Carnival Corporation told investors on 29 September that Europe and the Caribbean will each take 34 per cent of its 2027 deployment, the first time Europe has matched the region. Total capacity rises 0.5 per cent, so Caribbean capacity falls about 2 per cent while Europe rises about 10.
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The Panama Canal Authority raised the Neopanamax draft to 49.0 feet with immediate effect on 28 September and will run 33 daily slots from 15 October, up from 32. The single extra slot is at the Neopanamax locks. The Authority says the watershed deficit continues.
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President Irfaan Ali said on 29 September that Guyana is ready to finalise negotiations for a major airline to hub at Terminal 2. No carrier or terms were named. Comparable deals put the terms on the record: two years of fee relief, about US$1 million a route, agreements averaging twenty years.
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Argentina's Supreme Court removed the last judicial obstacle to the repeal of the 2011 rural land law on 29 September. Four limits on foreign ownership are gone. A separate border security regime survives and still requires government approval.
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ExxonMobil says the Stabroek block has produced its billionth barrel. The Bank of Guyana reports the Natural Resource Fund has taken in US$10,518.19 million since inception, of which royalties are US$1,335.25 million.
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Trinidad and Tobago is building a national payment system with India's NPCI International and chairs the committee building a cross-border one on Africa's model. Guyana signed with the same Indian body and is not in the regional pilot group.
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Royal Caribbean held Icon of the Seas in Miami an extra 24 hours and cancelled its 28 September Costa Maya call. Passengers were offered US$300 to US$800. The port was offered nothing.
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Aerolíneas Argentinas will lift its seat supply 13% for the peak of summer 2027 and drop Bogotá, three Argentine outlets report, as rivals add routes.
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ExxonMobil says ring-fencing changes when Guyana is paid, not how much. Ghana ran the same argument and audited it. Uganda's section headed ring fencing is not the ring-fence. Norway kept its fence and paid the losses out instead.
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Guyana's share of Stabroek profit oil reached 39.8 per cent once ExxonMobil recovered its investment. Two developments awaiting approval could return it to 12.5 per cent if they are not ring-fenced.
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The Audit Office already audits the Natural Resource Fund, the Environmental Protection Agency and the Guyana Geology and Mines Commission. The Auditor General said on Friday he will resubmit a proposal for a dedicated oil and gas unit.
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The state oil company raised gasoline from G$228 to G$258 a litre and diesel from G$278 to G$318 on Saturday. Mobil was selling diesel at G$297 and Rubis at G$290 the same afternoon.
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The CARICOM Private Sector Organization named seven member states it expects to gain from Royal Caribbean Group's 50 per cent investment in Sandals, worth about US$3 billion. Guyana, which asked Sandals to build an eco-resort in June, is not among them.
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The Partnership for National Unity said on 26 September that it backs the Guyana Development Bank and wants the President's proposal to name loan applicants before approval withdrawn. The Act leaves most of what it asks for to the Minister and the board.
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Three bids from two bidders were opened on 17 September 2026 for Guyana's natural gas liquids storage and offloading facility. Lindsayca Guyana Inc priced two options, at US$537.1m and US$493.4m. China CAM Engineering Co Ltd priced one, at US$27.97m.
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Centaur Holdings of the Pomeroon took the Made in Guyana mark on 24 October 2022. The state spent G$462.5 million on agro-processing in the first half of 2026 and runs 101 Guyana Shop counters at home and two abroad. The certificate foreign buyers ask for is a different one.
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Mexico gave Brazilians an electronic visa on 5 February 2026 and applications tripled. Quintana Roo is chasing the traffic and working to open a first direct Brazil to Cancun route. Guyanese still need a visa stamped in the passport.
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Guatemala's Congress passed two fuel measures eleven days apart. One suspends the taxes, one caps the price and pays importers the difference from a Q2.5 billion fund. Together they commit about Q5.8 billion, or US$762 million. President Arevalo must decide on the second.
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GuyExpo 2026 was launched on 24 September and runs 12 to 15 November at Sophia. GMSA President Rafeek Khan named hospitality, garments, agro-processing and ICT as the sectors that must scale. Most sit outside the Local Content Act's forty reserved categories.
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The United States launched the Andes-Atlantic Corridor on 23 September 2026, its first such corridor in the Western Hemisphere. The State Department says deals will be advanced excluding non-market actors. Argentina's foreign minister said there is no conditionality.
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Justice Gino Persaud was barred from transiting Florida. Justice Abel told a Commonwealth judges' conference that this, and Guyana's twenty-one years of acting judicial appointments, are modern pressures on judicial independence. The Attorney General said the government had no role.
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Peru's Hass avocado shipments will finish the season about 2 per cent below 2025 against a forecast of 6 per cent growth, with US shipments down about 36 per cent. ProHass named El Nino, through variable dry matter at harvest. The Dominican Republic ships into the same American months.
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GCCI President Kathy Smith asked the government on 24 September 2026 to monitor foreign oil contractors more closely and tell Guyanese firms more. Section 11(5) of the Local Content Act has required the state to publish an extract of every approved local content plan since 2021.
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President Trump has backed banning US diesel exports. Guyana imports all its fuel, mostly American. Its own crude is 34.5 per cent jet, kerosene and gasoil by volume on the ministry's assay, and a refinery to turn it into fuel was costed at US$5.2 billion with a negative return.
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Twelve CARICOM foreign ministers met India's at the United Nations on 23 September 2026 and backed India's Security Council candidature for 2028-29. India asked them to join two alliances it convenes. Eleven days earlier it had chaired the BRICS summit in New Delhi.
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President Ali met the US Export-Import Bank's chairman in New York on 21 September 2026 and named six Guyanese projects. The next day the same bank signed Argentina a framework worth up to US$7 billion through 2027.
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Petrobras and Mozambique's state hydrocarbons company signed a two-year memorandum in Rio de Janeiro on 22 September 2026, covering joint studies, development, commercialisation and technical expertise. Guyana has no state oil company to sign one.
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Guatemala's Congress voted 148 to suspend value added tax and the petroleum products tax on gasoline and diesel until 31 December 2026. Diesel is estimated to fall Q6.34 a gallon, about 83 US cents, from Q47.00 (US$6.16) to Q40.66 (US$5.33).
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Puerto Plata's Gregorio Luperon International Airport adds Bogota on Wingo from 6 October and Montreal and Toronto on Flair Airlines from 18 and 19 December. The Bogota service adds about 8,900 seats. Georgetown already flies daily to Toronto.
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The World Meteorological Organization puts the probability of El Nino's effects reaching February 2027 at close to 100 per cent, with a 95 per cent chance of a peak between October and December 2026. The last comparable event cut Guyana's rice crop by 37 per cent.
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International Hotel Investments plc will develop a 50-suite Corinthia hotel and branded residences on Grace Bay in Turks and Caicos, on what it calls the last undeveloped beachfront parcel on that stretch. Construction is slated for 2027.
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LNC Professional (Guyana) launched in Georgetown on 7 September 2026 and goes to market in the United States this week, with a 26-shade range built from the colours a Georgetown salon used to mix by hand to match its clients.
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Guyana rents 96 megawatts from two floating power plants at 9.5 US cents a kilowatt hour. That is the rental only. The fuel the state buys adds 8.8 to 10.5 cents, taking the true cost close to what a household pays.
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Four New Zealand firms took mining technology to Brazil's largest mining fair in August. New Zealand's own July 2026 report on Guyana names mining-adjacent opportunities and says its trade agency has no established networks in the Caribbean. Trade runs about twenty to one.
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Caribbean Airlines says it has completed audited financial statements for 2017, 2018 and 2019, after what its chairman calls an inherited nine-year backlog. The 2020 audit is targeted for end-October. The 2016 accounts showed a TT$2.17 billion accumulated deficit.
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Trans Guyana Airways wrote to the Civil Aviation Authority on 16 June and 9 September about animals and people on hinterland airstrips. On 17 September an animal forced one of its aircraft off the runway at Mabaruma. Operators are calling for inspections, perimeter security and wildlife control.
Read More →Chamber coordinates Region 3 business response and calls on community to contribute LEONORA, ESSEQUIBO ISLANDS–WEST DEMERARA, GUYANA — 25 June
Read More →GEORGETOWN, GUYANA, June 1, 2026 — La Caribeña News has opened its byline contributor program to graduates of the Guyana Media
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Conference partners with Region Three Chamber of Commerce and Industry for business forum and networking event at West Central Mall
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LEONORA, West Coast Demerara, Guyana, April 18, 2026 The Essequibo Islands–West Demerara Chamber of Commerce and Industry (R3CCI) will
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