Markets
Aruba Continues Push For 100 Percent Green Energy By 2020
June 11, 2013 | 4:10 pm | 0 Comment
Above: Aruba By the Caribbean Journal staff Aruba's government is continuing its push to achieve energy independence by the year 2020. The government announced Tuesday that it had signed a memorandum of understanding with BYD Company Limited on a zero-carbon footprint and energy independence initiative based entirely on green power sources. The MOU covers four more...
British Virgin Islands Planning to Open Representative Office in Hong Kong
May 10, 2013 | 1:45 am | 0 Comment
Above: Hong Kong By the Caribbean Journal staff The British Virgin Islands plans to open a representative office in Hong Kong, Premier Dr Orlando Smith announced this week. The office would be part of the territory's strategy to improve ties with emerging markets in tourism and financial services, the government said. “We have long viewed the establishment more...
JetBlue to Launch Service to Haiti
May 9, 2013 | 12:57 pm | 0 Comment
Above: a JetBlue plane By Alexander Britell Continuing its Caribbean expansion, New York City-based air carrier JetBlue announced Thursday that it would begin service to Haiti's Port-au-Prince. The flights, which will include one daily nonstop flight between New York's John F Kennedy Airport and Port-au-Prince and twice-daily flights between Fort more...
Barbados Plans “Hotel Innovation Fund”
May 6, 2013 | 4:36 pm | 0 Comment
Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados is planning to create a "Hotel Innovation Fund" that would provide low-cost financing to hoteliers and other tourism providers. The government is currently meeting with tourism stakeholders to design the fund, according to Finance Minister Christopher Sinckler, who recently met with Dr Justin more...
PetroCaribe Member States Agree to Establish “Economic Zone”
May 6, 2013 | 3:31 am | 0 Comment
Above: the summit in Caracas By the Caribbean Journal staff The seventh PetroCaribe summit in Caracas concluded this weekend with an agreement by member countries to establish a PetroCaribe "economic zone." The move would expand the PetroCaribe oil agreement, which currently counts 19 member states, beyond the area of petroleum. Newly-elected Venezuelan more...
Antigua, China Talk Tourism
May 3, 2013 | 9:38 am | 0 Comment
Above: Tourism Minister John Maginley and Ambassador Ren Gongping By the Caribbean Journal staff Antigua and Barbuda Tourism Minister John Maginley met with newly-appointed Chinese Ambassador to Antigua Ren Gongping during a courtesy call on Thursday. Maginley, who will speak to Chinese officials in Beijing this month about Antigua's tourism sector, said it was more...
Expedia: Travel Demand For Jamaica Rising, Particularly From Brazil
May 1, 2013 | 2:40 pm | 0 Comment
Above: the Ritz-Carlton Rose Hall in Jamaica By Alexander Britell Travel demand for Jamaica is on the rise, according to the latest report from Expedia. More than 230,000 room nights in the country were booked through Expedia's platforms in 2012, with the largest increase coming from Brazil, which saw 57 percent growth compared to 2011. Several other source more...
Trinidad’s Stephen Cadiz Suggests Regional Forum on Tourism
April 18, 2013 | 11:29 pm | 0 Comment
Above: Port of Spain (CJ Photo) By Alexander Britell PORT OF SPAIN — Echoing the recent call of the Caribbean Hotel and Tourism Association, Trinidad and Tobago Tourism Minister Stephen Cadiz suggested Thursday that the Caribbean's political leadership hold a regional forum on tourism. Cadiz, speaking at the conclusion of the 14th Annual Caribbean Conference on more...
Moody’s Upgrades Belize Credit Rating, Warns of “Debt Overhang”
April 15, 2013 | 8:25 pm | 0 Comment
Above: Parliament in Belmopan By the Caribbean Journal staff New York-based Moody's has upgraded the credit rating on Belize's government bonds, the firm announced Monday. The rating has been lifted to Caa2 from Ca, with a "stable" outlook. The move comes after Belize restructured its $547 million "Superbond," which is due in 2029. That included what became more...
Belize , CJ Politics , Markets , News
St Lucia’s Kenny Anthony Heads to Grenada For ECCB Meeting
April 14, 2013 | 9:22 am | 0 Comment
Above: St Lucia PM Dr Kenny Anthony By the Caribbean Journal staff St Lucia Prime Minister Dr Kenny Anthony will be on hand in Grenada for the upcoming Special Meeting of the Monetary Council of the Eastern Caribbean Central Bank on Monday. The council will be deliberating on reports on fiscal policy in the currency union, along with financial sector stability more...
