by Natalie Moodey | Aug 25, 2025 | Caribbean news
Moody’s upgrades DR credit rating. Moody’s has upgraded the Dominican Republic’s long-term local and foreign-currency credit ratings to Ba2 from Ba3, with a stable outlook. The upgrade reflects the country’s strong economic growth averaging 5% annually over 15 years,...
by Natalie Moodey | Aug 25, 2025 | Caribbean news
Trinidad, ExxonMobil agree to terms for deepwater blocks, government sources say Trinidad and Tobago’s government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior...
by Natalie Moodey | Aug 25, 2025 | Caribbean news
DR moving to join the OECD. Moving towards a strategic partnership between the OECD and Latin America. The Dominican Republic is advancing efforts to join the Organisation for Economic Cooperation and Development (OECD), aiming to attract foreign investment and...
by Natalie Moodey | Aug 4, 2025 | Caribbean news
Suriname’s National Assembly has elected Jennifer Geerlings-Simons as the country’s first female president, ending a political stalemate after May’s inconclusive election. Running unopposed within a new coalition, the 71-year-old MP was sworn in days later. She...
by Natalie Moodey | Aug 4, 2025 | Caribbean news
Jamaica has increased its Montego Bay Airport bond issue from US$385mn to US$400mn in response to robust investor demand. Issued by the Cayman-based MOAIR SPV, the 10-year senior secured bond carries a 6.60% coupon, priced at US$99.829 per US$100 face, and will...