分类: business

  • 124 Women Entrepreneurs Graduate from Business Incubator Programme

    124 Women Entrepreneurs Graduate from Business Incubator Programme

    In a milestone for women’s economic empowerment in Belize, 124 women entrepreneurs from every corner of the country have officially graduated from the incubator phase of the landmark “Catalyse Her Potential: Fuelling Female Entrepreneurship Project” on July 16, 2026. The initiative was crafted with a clear mission: to level the playing field for women in business by equipping emerging female founders with the practical resources, skills, and connections required to build and scale sustainable, successful enterprises.

    Funded by RF&G, the program is executed on the ground by NIME Belize Inc. in strategic partnership with IDB Lab. Unlike generic business training programs, the incubator phase was tailored specifically to meet the needs of early-stage women-led ventures. Over the course of the program, participants gained hands-on training in core business areas including business model development, strategic planning, and market positioning. Beyond technical skills, the initiative also opened doors to one-on-one mentorship from experienced industry leaders, and created a dedicated collaborative space for female founders to network, share challenges, and exchange actionable ideas with peers who understand their unique obstacles.

    The graduating cohort reflects the broad geographic reach of the project, drawing participants from all six of Belize’s administrative districts. The highest turnout came from Belize District, which contributed 50 graduates, followed by Cayo District with 24, Toledo with 21, Orange Walk with 11, Stann Creek with 10, and Corozal with 8. This cross-district participation underscores the widespread demand for targeted support for female entrepreneurs across both urban and rural areas of the country.

    Even before the ink dried on the incubator phase graduation certificates, 91 participants moved forward to the program’s next stage: the accelerator phase, which officially launched on July 13. Where the incubator phase focused on laying a strong foundational framework for new businesses, the accelerator phase is designed to help more established female-led businesses expand their operations. The curriculum for this stage centers on advanced growth strategy development, financial planning and readiness, expanded access to top industry experts, continued personalized mentorship, and connections to potential investors who are focused on supporting women-owned ventures.

    Overall, the “Catalyse Her Potential” project is structured around three interconnected core pillars that address common barriers facing women entrepreneurs in Belize. The first pillar is comprehensive capacity building, delivered through a flexible learning management system that allows participants to access training materials on their own schedule. The second pillar is intentional networking and connection, designed to bridge gaps between emerging founders, experienced mentors, and established industry professionals. The third and final pillar is seed capital and micro-financing support, which directly addresses one of the most significant challenges women business owners face: limited access to affordable capital to grow their operations.

  • Superfund B Holdings: Advertisement of board resolution

    Superfund B Holdings: Advertisement of board resolution

    Pursuant to the provisions of Grenada’s Companies Act No. 35 of 1994 and the internal articles of association governing Superfund B Holdings, Inc., the firm’s board of directors has formally adopted a unanimous board resolution. This resolution carries the full legal weight of an action approved at a properly convened and quorate general meeting of the company’s stakeholders.

    The core decision formalized through this resolution is the appointment of Garvey Louison, a Fellow of the Association of Chartered Certified Accountants (FCCA) based at Louison Consulting in True Blue, St. George’s, Grenada, to the position of Liquidator of Superfund B Holdings, Inc. This appointment officially went into effect on July 15, 2026.

    All creditors and contributories of the company that wish to submit formal representations regarding the liquidation process are notified that they may submit their statements directly to the appointed liquidator, or via legal counsel representing the submitting party.

    This official public notice was dated July 15, 2026, and published by Louison Consulting, a firm of chartered certified accountants headquartered in True Blue, St. George’s, Grenada, West Indies. Contact details for the firm are provided for inquiries: telephone at 473-444-0400, fax at 473-444-0409, and email at info@louisonconsulting.com.

    As a standard content disclaimer for the hosting platform NOW Grenada, the outlet clarifies that it does not take responsibility for the content, statements, or opinions included in third-party contributed notices and publications. The platform maintains a process for reporting abusive content, accessible via its official reporting portal.

  • David Collado promotes Dominican Republic tourism in Chicago

    David Collado promotes Dominican Republic tourism in Chicago

    CHICAGO — In a targeted push to expand its footprint in the lucrative North American travel market, Dominican Republic Tourism Minister David Collado has led a high-profile promotional engagement here for U.S. travel agents and tour operators. The initiative forms a core plank of the Caribbean nation’s broader strategic plan to ramp up tourism inflows from the United States, one of its most important source markets for international visitors.

    At the industry-focused presentation, Collado walked attending stakeholders through the Dominican Republic’s newest tourism infrastructure and experience developments, from expanded luxury resort complexes to new ecotourism and cultural exploration offerings. He emphasized the country’s one-of-a-kind diverse array of travel attractions — ranging from powdery white Caribbean beaches and mountainous rainforest reserves to vibrant colonial cities and world-class golf courses — that have cemented its growing popularity among travelers from across the globe.

    A key point of emphasis during the event was the outsized role Illinois plays as a strategic source market for the Dominican Republic. Collado shared official data showing that more than 140,000 residents of Illinois have traveled to the country over recent years, a figure that underscores the steady, robust demand for the Caribbean destination among Midwestern U.S. travelers.

    Collado opened the event by extending sincere gratitude to travel advisors, tour operators, and local industry partners for their longstanding collaboration and support in promoting the Dominican Republic as a top travel choice. He also reaffirmed the Dominican Ministry of Tourism (Mitur)’s ongoing commitment to scaling up targeted promotional activities in high-priority markets across the U.S., with the goal of supporting consistent, long-term growth for the country’s vital tourism sector.

    This Chicago promotional stop is the latest installment in Mitur’s active international marketing agenda, which is designed to deepen working relationships with key travel industry partners across the globe and drive steady increases in annual visitor arrivals to the Dominican Republic. More coverage of global and Dominican tourism trends is available via DominicanScope.

  • Rocks Group Appoints Antiguan Chef Christopher Terry As Group Executive Chef

    Rocks Group Appoints Antiguan Chef Christopher Terry As Group Executive Chef

    Antigua-based hospitality collection Rocks Group has announced a high-profile leadership appointment that marks a homecoming for one of the Caribbean’s most accomplished culinary talents: native Christopher Terry has stepped into the role of Group Executive Chef, tasked with steering the overall culinary vision and daily operations across all five of the group’s restaurant concepts — Sheer Rocks, Catherine’s Café, Rokuni, Fat Urchin, and Roca.

    With nearly two decades of professional experience earned at some of the world’s most exclusive luxury resorts and hospitality destinations across three continents, Terry is returning to his home island after building a decorated international career that took him from regional Caribbean properties to elite dining venues in North America, and most recently, the high-end resort landscape of the Maldives.

    Terry’s culinary journey first began on Antigua, where he completed his initial training at the Antigua & Barbuda Hospitality Training Institute before moving to the United States to advance his culinary education at Florida’s prestigious Johnson & Wales University. Over the years that followed, he held senior culinary leadership roles at iconic global properties including The Nautilus Maldives, Amanyara in Turks & Caicos, Hammock Cove Antigua, Sandals Barbados, Florida’s Ocean Reef Club, and Jumby Bay Island. Through every step of his career, he has built a reputation for four core pillars of his work: delivering unforgettable, tailored guest experiences, developing creative, boundary-pushing menus, mentoring emerging culinary talent, and intentionally weaving local, seasonal Caribbean ingredients into refined, world-class dining concepts.

    The appointment is a meaningful full-circle moment for both Terry and Rocks Group founder Alex Grimley. The two first worked together decades earlier at Antigua’s Carlisle Bay resort, where Grimley held the role of Head Chef as Terry was just launching his professional culinary career. Their reunion comes at a key inflection point for Rocks Group, which is currently in a period of evolution and expansion of its culinary footprint across Antigua.

    “Chris embodies every core value our hospitality group was built on,” shared Rocks Group Chief Operating Officer Carl Habel in a statement announcing the appointment. “He is extraordinarily talented, deeply passionate about his craft, and brings unmatched experience from some of the world’s leading luxury hospitality properties. Most importantly, he is Antiguan. His career path is an incredible example of local talent reaching global success, then choosing to bring that hard-earned expertise back home to support his community.”

    Habel added that the group is particularly enthusiastic about Terry’s ability to lift up the next generation of local hospitality workers, alongside his expected contributions to culinary creativity and operational leadership across the group’s venues. For Terry himself, returning to Antigua offers a unique opportunity to give back to the regional hospitality ecosystem that launched his career, and contribute to a group that has long been a trailblazer for Caribbean dining.

    In his new role as Group Executive Chef, Terry will lead culinary innovation and development across all Rocks Group restaurant concepts. He will work hand-in-hand with individual restaurant teams to continuously elevate the guest experience, while upholding the group’s commitments to quality, creativity, and sustainable sourcing — with a sharp focus on celebrating Caribbean ingredients and nurturing local culinary talent. The appointment itself underscores Rocks Group’s longstanding dedication to investing in people, growing accessible hospitality careers for local workers, and supporting the ongoing expansion of Antigua’s dynamic, fast-growing culinary sector.

  • Antigua and Barbuda Cabinet reviews US$100 million proposal for horse racing and equine industry

    Antigua and Barbuda Cabinet reviews US$100 million proposal for horse racing and equine industry

    The dual-island Caribbean nation of Antigua and Barbuda has entered a new phase of evaluating a transformative billion-dollar (EC) investment proposition that could reshape its tourism and economic landscape. A coalition of cross-border private investors has tabled an ambitious $100 million plan to build a comprehensive horse racing and equine sector, with backers projecting it will establish the country as the preeminent destination for equine sports, breeding and specialized services across the Caribbean region.

    Speaking at an official press briefing following Cabinet’s weekly meeting Thursday, Maurice Merchant, the nation’s Director General of Communications, outlined the full scope of the investor-backed master plan. Unlike small-scale standalone racing projects, the proposal outlines a fully connected equine ecosystem engineered to draw high-value international capital, elite racing competitions and niche tourism that fills gaps in the region’s current hospitality offerings.

    Per the plan breakdown shared with government officials, the first phase of construction alone carries an estimated price tag of $25 million. When fully built out, the development will encompass much more than a single racing track. Core components include an international-grade racecourse meeting global competitive standards, a specialized thoroughbred breeding facility, a full-service equine veterinary hospital, a purpose-built biosecurity and animal quarantine station, vocational education and training programs for local workers in the equine field, on-site hospitality and leisure amenities for visitors, and all supporting core infrastructure needed to operate the hub.

    Given the significant size of the proposed investment and the multi-layered complexity of developing a full cross-sector equine industry from the ground up, the Cabinet has determined that more in-depth due diligence is required before moving forward with any final approval. Merchant confirmed that the investor consortium will be invited back for a sequence of additional follow-up presentations, where they will be required to share granular details on the project’s financial structure, proposed regulatory frameworks to govern the industry, environmental impact assessments, phased implementation timelines, and overall investment breakdown.

    Government decision-makers will conduct a thorough review of these technical and operational details before voting on whether to move ahead with the landmark development, Merchant added.

  • Cabinet approves EC$15 million livestock processing complex at Betty’s Hope

    Cabinet approves EC$15 million livestock processing complex at Betty’s Hope

    The Caribbean nation of Antigua and Barbuda has taken a major step toward revitalizing its stagnant livestock sector and bolstering long-term food sovereignty, after the national Cabinet formally approved the initial phase of a cutting-edge integrated livestock processing complex slated for construction at the historic Betty’s Hope site. Backed by a total planned investment of roughly 15 million Eastern Caribbean dollars, the government frames the initiative as a cornerstone effort to cut the country’s heavy dependence on imported meat products and reenergize domestic agricultural production.

    Speaking at a post-Cabinet press briefing held this Thursday, Maurice Merchant, the nation’s Director General of Communications, outlined that the full Cabinet received a detailed project briefing from a cross-functional team of senior stakeholders from the Ministry of Agriculture, Lands and the Blue Economy. The group included the permanent secretary of the ministry, the national director of agriculture, the project’s lead consultant, and the on-the-ground project manager, all of whom walked decision-makers through the scope and long-term vision for the development.

    The first phase of the multi-stage strategy focuses on constructing a modern, fully compliant abattoir purpose-built for small ruminants and swine, alongside a separate, dedicated processing facility for poultry, all located at the Betty’s Hope site. This initial build lays the foundation for what will eventually become the country’s national Veterinary Livestock Development Complex, a centralized hub that will bring together core national activities spanning livestock production, professional veterinary services, commercial food processing, agricultural research, farmer training, and local agribusiness development.

    Project planners highlighted that the availability of government-owned Crown land at Betty’s Hope makes the location uniquely ideal for the integrated complex. Co-locating all veterinary, livestock production, and regulatory services on a single site will not only provide a permanent, purpose-built headquarters for the national Veterinary and Livestock Division, but also streamline cross-agency coordination, cut long-term operational costs, and boost overall service delivery efficiency.

    During the presentation, stakeholders acknowledged that Antigua and Barbuda already holds all the core assets needed to build a thriving, competitive livestock sector: the country benefits from favorable climate conditions that support animal rearing, has ample suitable land resources, and already employs the technical expertise required to scale the industry. However, they also noted that the sector has suffered a steady decline over multiple decades, driven by a range of persistent challenges: growing price competition from low-cost imported meat products, shifting national land use patterns that have reduced available grazing space, steadily rising domestic production costs, and growing climate-related shocks that have disrupted small-scale livestock operations.

    Beyond simply upgrading outdated slaughtering and processing infrastructure, the full national strategy aims to reverse that decades-long decline through a phased expansion approach that supports domestic livestock producers at every step. Key mid-term objectives include growing the national livestock population through improved selective breeding programs, enhanced access to high-quality animal nutrition, strengthened preventative and clinical veterinary services, and targeted direct support for smallholder and commercial livestock farmers across the country.

    Subsequent phases of the overall project will expand the complex to add integrated meat packing and value-added processing facilities, industrial cold storage for finished products, domestic feed production operations, and systems to repurpose livestock by-products for additional commercial use. These downstream expansions are explicitly designed to create new, sustainable jobs in the agricultural sector and keep more economic revenue from livestock production within Antigua and Barbuda’s domestic economy, rather than sending that revenue overseas for imported processing or finished products.

    Merchant confirmed that the government has already begun preparing for construction, having proactively acquired key equipment for the new facilities over recent months. Critical core equipment for the main abattoir has already arrived on the islands, clearing the way for the Ministry of Agriculture to break ground on the Betty’s Hope complex immediately following formal Cabinet approval.

  • Methanex shuts down Titan plant

    Methanex shuts down Titan plant

    The global methanol industry leader Methanex has finalized the indefinite shutdown of its Titan methanol facility in Point Lisas, Trinidad and Tobago, formalizing a decision first announced last month over a failed natural gas contract renegotiation. Colin Bain, managing director and president of Methanex Trinidad and Tobago, confirmed to local outlet Express on Wednesday that production at the 860,000-tonne annual capacity plant ceased at the start of that day.

    The shutdown has quickly become a flashpoint in national political discourse, with opposition figures from the People’s National Movement (PNM) directly blaming the incumbent administration led by Prime Minister Kamla Persad-Bissessar of the United National Congress (UNC) for the outcome. Stuart Young, former prime minister and energy minister under the PNM, condemned the government’s negotiation approach in a public post Wednesday, calling the administration “incompetent and unsophisticated” for failing to strike a new commercial agreement before the plant’s existing gas contract expires this September. Young highlighted that the previous PNM government successfully maintained the sector through 10 years of negotiated agreements from 2015 to 2025, preserving thousands of jobs, critical foreign exchange earnings, and broader economic benefits. “In less than a year, the UNC has destroyed our energy sector, Who is winning?” Young wrote. As of Wednesday afternoon, incumbent Energy Minister Dr Roodal Moonilal had not issued a public response to requests for comment on the shutdown.

    Back on June 29, Vancouver-based Methanex first publicly confirmed its plan to idle the facility indefinitely, after failing to reach consensus on a new natural gas supply contract with the National Gas Company of Trinidad and Tobago (NGC). The plant’s current supply agreement is set to expire at the end of September, and with no new deal in place, the company moved forward with the shutdown schedule. More than 100 employees currently work at the Titan plant, and company leadership confirmed they are prioritizing support for affected staff through the transition period.

    Per the company’s official announcement, Methanex will implement a full plant preservation program to keep the facility viable for a potential future restart if market and regulatory conditions improve significantly. This is not the first Methanex facility in Trinidad and Tobago to be idled: the company’s 63.1% jointly owned Atlas methanol plant has remained in preserved idle status since 2024, after being idled previously in 2020 due to pandemic-driven demand collapse and temporarily restarted when Atlas was shut down. Titan is the second major international energy operator to wind down operations in Trinidad and Tobago in recent months; in October 2025, Canadian fertilizer producer Nutrien launched a controlled shutdown of its Pt Lisas nitrogen operations, citing persistent natural gas supply unreliability and port access restrictions. Nutrien has since begun the process of selling off its Trinidad and Tobago assets.

    Rich Sumner, president and chief executive officer of Methanex Corporation, framed the shutdown as a difficult but necessary decision to protect long-term shareholder value. “We have a long history in Trinidad and Tobago with an outstanding organisation that has played an important role in our company’s history,” Sumner said in a statement. “This difficult decision reflects our focus on preserving long-term shareholder value in a challenging environment where the structurally tight gas supply and demand balances in Trinidad and Tobago are making operations commercially unviable.”

    Sumner added that the company had held extensive negotiations with both the national government and NGC ahead of the shutdown, acknowledging the entities’ ongoing work to address the country’s broader natural gas supply crunch. “We will monitor future developments closely, with a view to reassessing conditions and our position over the coming years,” he said, confirming that the company’s immediate focus is supporting its local team and completing the safe shutdown and preservation work.

    As of the second quarter of 2026, Titan is not contributing to Methanex’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) or adjusted free cash flow. The company noted it does not expect to incur significant material cash costs from the shutdown decision, and will release any updated production or financial guidance alongside its regular second quarter earnings report scheduled for July 28, 2026. Methanex is the world’s largest methanol supplier, publicly traded on both the Toronto Stock Exchange under the ticker MEOH and the Nasdaq Stock Market in the United States.

  • CARICOM Tax Administrators meet in July

    CARICOM Tax Administrators meet in July

    Leading up to the end of July 2026, Caribbean tax administration leaders and global revenue management experts will convene in Georgetown, Guyana, for a landmark regional gathering focused on modernizing tax governance for the digital age. The 27th General Assembly and Technical Conference of the Caribbean Organisation of Tax Administrations (COTA), hosted by the Guyana Revenue Authority (GRA) — one of COTA’s 25 member administrations — will run from July 27 to 31 under the central theme “Future-Ready CARICOM Tax Administration – Smart, Data-Driven and AI-Enabled for Sustainable Revenue”.

    The conference will bring together official representatives from all CARICOM member tax bodies alongside key regional and international stakeholders to address the shifting demands of tax administration in an increasingly connected, data-centric global economy. Core discussions at the technical segment of the event will center on how emerging technologies, advanced big data analytics, and artificial intelligence can be leveraged to strengthen regulatory frameworks for tax collection, boost voluntary taxpayer compliance, upgrade customer-facing taxpayer services, and advance the efficient, sustainable revenue mobilization that underpins economic growth across the Caribbean Community.

    Alongside the core general assembly and technical conference, the week will also feature a High-Level Regional Meeting on Tax and Development, organized in partnership with the Organisation for Economic Co-operation and Development (OECD) and other leading global and regional tax governance partners. This strategic forum will create space for open dialogue on the most pressing opportunities and challenges facing CARICOM economies and their tax systems, as the international tax landscape continues to evolve amid global regulatory shifts and digital economic transformation.

    Founded in 1971 following the ratification of its constitution at a Saint Lucia meeting of regional tax administration heads, COTA has a 55-year legacy of advancing functional cooperation within CARICOM. The organization’s core mission is to build efficient, aligned tax administrations across the Caribbean through targeted training, cross-border dialogue, and the harmonization of best practices. Over the decades, COTA’s governance structure has evolved to better serve its growing membership: a 1983 constitutional amendment moved general assemblies to a biennial schedule and expanded the organization’s Executive Council from four members to five, and today the body counts 25 member jurisdictions across the Caribbean region. All COTA work programs are implemented under the umbrella of the CARICOM Secretariat, with the COTA Executive Secretary providing direct guidance on tax administration matters to the CARICOM Secretary-General.

    This upcoming gathering underscores the shared commitment of regional stakeholders and their international partners to build tax administrations that are resilient, efficient, and equipped to meet the demands of the 21st century — all to advance inclusive sustainable development across the entire Caribbean Community.

  • SSB Eyes $20 Million Hydro Belize Investment

    SSB Eyes $20 Million Hydro Belize Investment

    Scheduled for public discourse as of July 15, 2026, a proposed $20 million investment in Hydro Belize by Belize’s Social Security Board (SSB) has sparked debate over financial prudence versus potential high returns, with Prime Minister John Briceño publicly backing the plan as a strategic move to secure the long-term solvency of the country’s social safety net.

    The core question driving public discussion centers on a critical tradeoff: with SSB managing retirement and benefit funds drawn directly from working Belizeans, is the concentrated investment in a single hydropower entity a shrewd growth move, or an unnecessary overexposure to risk that puts contributors’ savings on the line? The SSB has already formally published a public notice outlining its planned share purchase, prompting questions to the Prime Minister over his administration’s support for the deal.

    In an official response, Briceño argued that the investment addresses a pressing need for the SSB to generate consistent returns on its existing capital holdings to avoid unpopular policy changes down the line. “As you all know, social security, the last time I checked, had over a hundred plus million dollars and they need to put that money to work,” Briceño explained. “If they can’t invest that money, by 2030 they will have to raise contributions and they look for solid investments, investments that will bring at the minimum a five percent rate of return. Unfortunately, BTL is nowhere near that and we have to try find ways we can fix that.”

    In contrast to the underperforming BTL holding, Briceño highlighted that Hydro Belize’s offering prospectus projects annual dividends ranging from 10% to as high as 12% – far exceeding the SSB’s minimum return requirements. If the projections hold, the investment would deliver steady growth to the SSB’s portfolio without immediate pressure to increase contribution rates for workers and employers.

    If the purchase moves forward as planned, the SSB will hold approximately $140 million worth of ordinary Hydro Belize shares, equal to a 30% ownership stake in the hydropower company. This report is adapted from a transcribed evening television news broadcast, with original Kriol language dialogue standardized to written spelling for clarity.

  • Private sector wil onafhankelijke Local Content Council voor snellere uitvoering oliebeleid

    Private sector wil onafhankelijke Local Content Council voor snellere uitvoering oliebeleid

    Suriname’s united private sector has put forward a bold proposal to establish an independent Local Content Council, aimed at speeding up the implementation of local participation policies in the country’s fast-growing oil and gas sector. Leading industry and business groups argue that the South American nation does not need to delay progress by waiting for new national legislation, as existing Production Sharing Agreements (PSAs) already create sufficient legal space to help domestic Surinamese businesses capture greater benefits from the emerging offshore oil and gas industry.

    Per the private sector coalition, the foundational framework for local content requirements is already partially embedded within the PSAs signed between state-owned oil firm Staatsolie and major international oil companies. Specifically, Article 32 of these agreements provides a solid legal foundation to boost the participation of Surinamese enterprises, local workers, and domestic service providers in sector activities, the coalition notes.

    To turn these existing legal opportunities into tangible outcomes for local businesses, the private sector is calling for clear policy agreements on core regulatory details, starting with a standardized, official definition of what qualifies as a Surinamese domestic company. The coalition emphasizes that clear, consistent guidelines of this kind will deliver much-needed legal certainty, greater industry transparency, and a level competitive playing field — particularly for small and medium-sized domestic enterprises that have historically faced barriers to entering the sector.

    The proposed Local Content Council is designed to operate as an independent public-private collaboration platform, bringing together key stakeholders from across the ecosystem: the national government, Staatsolie, international oil operators, major contractors, and official representatives of Suriname’s domestic business community. All parties will work collectively to advance the rollout of local content policies under the council’s structure.

    Initiators of the proposal stress that the council is not intended to take over core government responsibilities. Instead, its core mission is to improve cross-stakeholder coordination, identify implementation bottlenecks at an early stage, boost overall transparency, and support the practical on-the-ground execution of local content policies. This approach will allow the coalition to deliver quick, early wins (often referred to as “low-hanging fruit”) while work continues on developing a full, formal national legislative framework for local content requirements.

    The proposal already enjoys broad cross-sector support, backed by a wide coalition of leading Surinamese business organizations. These include the Association of Surinamese Manufacturers, the Federation of Surinamese Farmers, the Suriname Business Association, and the Suriname Energy Chamber, alongside 17 additional industry and business groups.

    On behalf of the coalition, preliminary discussions have already been held with Staatsolie to outline a practical implementation model for the local content framework. Talks have also been conducted with the Local Content Board based in the Office of the President of Suriname. According to private sector representatives, all parties have agreed that the coalition’s proposals will be integrated into the ongoing development of national local content policy.

    Looking ahead, the business coalition plans to hold follow-up discussions with two key government bodies: the Ministry of Oil, Gas and Environment, and the Ministry of Economic Affairs, Entrepreneurship and Technological Innovation. The overarching goal is to finalize a fully implementable policy framework in the near term, which will allow Surinamese companies to better prepare for the significant economic opportunities created by the country’s offshore oil and gas development.

    The coalition notes that early conversations with all relevant stakeholders confirm that every party shares the same core end goal: securing a strong, sustainable position for Surinamese businesses and workers within the expanding oil and gas sector. The main challenge ahead, the group says, is not aligning on the ultimate objective, but rather coordinating to agree on the collective path, set clear priorities, and establish a feasible pace for delivering on these shared goals.