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Strong Cruise Growth in US Virgin Islands

Above: Fort Christiansvaern in St Croix (CJ Photo) By the Caribbean Journal staff The United States Virgin Islands saw strong growth in cruise tourism in 2013, according to data from the Caribbean Tourism Organization. Cruise passenger visits to the USVI […]

Dennis Chung: Private Sector Growth and Jamaican Development

By Dennis Chung CJ Contributor LAST week I wrote about what the pillars of growth are. Today I want to answer a question, often asked in a roundabout way, by persons who say that the private sector has not done […]

Jamaica's Pillars for Growth

By Dennis Chung CJ Contributor MY last article looked at how Jamaica can increase competitiveness in the tourism industry, which is critical for Jamaica because tourism is our highest foreign exchange earner, and the area in which we have always […]

Does Jamaica Need a Redesign?

By Dennis Chung CJ Contributor Playing Cricket on a Volleyball Court ANYONE who knows the game of cricket would know how difficult it would be to fit all 22 players, both umpires, and both sets of stumps on a volleyball […]

News

Simpson Miller: Jamaica's Growth "Incomplete" Without Active Diaspora

Above: the Hilton Rose Hall By the Caribbean Journal staff Jamaica’s Diaspora is integral to the country’s prospects for growth, Prime Minister Portia Simpson Miller said this week at the opening of the Fifth biennial Jamaica Diaspora Conference. “We take […]

Trinidad's Rambarran: Caribbean "Must Find New Sources of Growth"

Above: Trinidad (CJ Photo) By the Caribbean Journal staff With high debt and a vulnerability to natural disasters, the Caribbean must seek out new areas for growth, according to Trinidad Central Bank Governor Jwala Rambarran. The Governor, who was speaking […]

Simpson Miller: Jamaica to Restart "Inner City Renewal" Initiative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s government will be restarting a programme from the former Jamaica Labour Party administration aimed at upgrading downtown Kingston. The project will restart in the 2014/2015 fiscal year, featuring a housing […]

News

Haiti, Anguilla Lead Caribbean in Expected Hotel Room Supply Growth

Above: the recently-opened Best Western Premier Haiti By the Caribbean Journal staff Haiti led the Caribbean in expected hotel room supply growth through March, according to a new report from STR. Haiti’s expected hotel room supply growth was 58.2 percent, […]

Jamaica Prime Minister Urges Local Investment to Drive Growth

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica Prime Minister Portia Simpson Miller says she is “on a mission” to improve the country’s business competitiveness globally. But while attracting foreign investment will remain a priority, the Prime Minister […]

Bureaucracy and Jamaican Growth

By Dennis Chung CJ Contributor FINALLY WE CAN celebrate that we have an IMF agreement again in Jamaica. The real importance of the agreement is that it will bring with it a certain amount of confidence and multilateral support for […]

News

Standard & Poor's Raises Jamaica Credit Rating After Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Following a similar move by Fitch last week, Standard & Poor’s has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move came after […]

IMF: Jamaica Must Address Structural Impediments to Growth

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica must address “with urgency” the structural impediments to the country’s growth, including its excessive debt burden, the International Monetary Fund said following its visit to the country. The statement by […]

Chung: Fixing Jamaica's Structural Deficiencies to See Growth

By Dennis Chung CJ Contributor THERE were two occurrences within the past week that reminded me that Jamaica still has a lot to do in order to see long-term sustainable development. There was an announcement that an International Monetary Fund […]

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