Markets
CARICOM-United States Trade Up 39 Percent in the Last Three Years
April 2, 2012 | 10:35 pm | 0 Comment
Above: the fourth meeting of the US-CARICOM Trade and Investment Council in Georgetown (Photo: CARICOM) By the Caribbean Journal staff Bilateral trade between the Caribbean Community and the United States has grown by 39 percent in the last three years, according to a joint statement from the two parties. "The benefits of expanding trade have flowed to more...
Jamaica’s Economic Recovery “Fragile,” With Strong Downside Risks: IMF
March 22, 2012 | 3:28 pm | 0 Comment
Above: IMF Mission Chief for Jamaica Luis Breuer and Jamaican Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff While Jamaica saw positive GDP growth in 2011, following three consecutive years of decline, its recovery remains "fragile," according to the International Monetary Fund. An IMF mission visited Jamaica from March 8 to March 21 to more...
Korea’s Export-Import Bank Joins IDB Trade Finance Facilitation Programme
March 20, 2012 | 12:15 pm | 0 Comment
Above: the signing of the Korea-IDB agreement (IDB Photo/Arlette Pedraglio) By the Caribbean Journal staff The Export-Import Bank of Korea has joined the Inter-American Development Bank's Trade Finance Facilitation Programme. Under the TFFP, the IDB offers trade finance co-lending facilities and guarantees to support participating banks to further their more...
From Haiti, a Coffee With a Mission
March 14, 2012 | 12:14 pm | 0 Comment
Above: Haiti (UN Photo/Logan Abassi) By the Caribbean Journal staff A new coffee company heading to the United States is looking to do its part to help Haitian famers. Par Haiti/Pour Haiti ("From Haiti for Haiti"), the brainchild of Michael Pereira, uses hand-roasted coffee made of 100 percent Haitian Arabica beans, with dollars generated by coffee sales helping more...
BBVA Panama Gets $25 Million to Expand Lending for Small Businesses
March 14, 2012 | 12:12 am | 0 Comment
Above: Panama City By the Caribbean Journal staff Banco BBVA Panama today signed an agreement with the IFC to provide $25 million to the bank to support its efforts to expand lending to farmers and small and medium-sized enterprises. SMEs account for 80 percent of Panama's total employment, according to the IFC, which is a member of the World Bank Group. more...
CARICOM Launches Consumer Protection System for Hazardous Products
March 14, 2012 | 12:00 am | 0 Comment
Above: Chilean President Sebastian Pinera in Paramaribo for the CARICOM Heads of Government meeting last week (Photo: CARICOM) By the Caribbean Journal staff CARICOM has launched an online system allowing consumers in the Caribbean to alert authorities on dangerous products they encounter in the marketplace. The plan, dubbed the CARICOM Rapid Exchange System for more...
Antigua Holding Discussions With China on $11.9 Million School Project
February 24, 2012 | 11:01 am | 0 Comment
Above: Antiguan and Chinese officials at a press conference earlier this month (Photo: ABG) By the Caribbean Journal staff The Antiguan government is in discussions with the Chinese government on the construction of the proposed Five Islands Secondary School. According to Doristeen Etinoff, assistant director of education, several meetings have been held between more...
US Virgin Islands, Federal Officials Discuss Family Assistance Programmes
February 11, 2012 | 8:06 pm | 0 Comment
Above: USVI Governor John de Jongh at a school ceremony last week By the Caribbean Journal staff US Virgin Islands Governor John de Jongh met this week with Earl Johnson, director of the United States Department of Health and Human Services' Office of Family Assistance to talk about a number of programmes focused on family assistance. The two were joined by more...
Grenada Gets Top Rank for Investment Promotion, Bests Trinidad and Jamaica
February 10, 2012 | 12:37 am | 0 Comment
Above: St George's, Grenada (CJ Photo) By the Caribbean Journal staff Grenada's Industrial Development Corporation has been ranked first among 77 investment promotion institutions in Africa, Caribbean and the Pacific, according to the Global Investment Promotion Benchmarking 2012 report, a joint effort by the World Bank Group. The country's GDIC was ranked ahead more...
USVI Governor Accepts First Case of St Croix-Produced Captain Morgan Rum
February 9, 2012 | 11:24 am | 0 Comment
Above: USVI Governor John de Jongh (right) and David Gosnell, Diageo's president of Global Supply By the Caribbean Journal staff US Virgin Islands Governor John de Jongh accepted the first case of locally-produced Captain Morgan Rum, following Diageo's decision to build a distillery in St Croix which opened in 2010. Captain Morgan had for some time been produced more...
