REDjet to Start Flights Next Month

By: - April 11th, 2011

New Caribbean airline REDjet is set to take off next month, with tickets going on sale Wednesday, the company announced in a statement. According to Redjet, the first flights will begin May 8, featuring frequent trips to Barbados, Guyana, Jamaica and Trinidad. The company was founded in 2006 by Ian Burns, who was amazed at the cost of flights within the region. It is privately owned, with both international and intra-Caribbean investors.

Markets

Bahamas Completes BTC Sale

The government of the Bahamas has completed a 51 percent sale of the Bahamas Telecommunications Company to British firm Cable and Wireless Communications, Prime Minister Hubert Ingraham announced today in a statement. The deal was the subject of a great deal of controversy in the months leading up to the signing, in what Ingraham called […]

Markets

Jamaica to Tap Chinese Coffee Market

The Jamaican Government is moving to broaden the market of Jamaica’s high-end Blue Mountain Coffee, as the first 16,500 kilogram shipment of Jamaican green bean coffee was sent off on its way to Hangzhou, China. Last year, the Hangzhou Coffee and Western Foods Association signed a memorandum of understanding with Jamaica’s Ministry of Agriculture and […]

Markets

Garfield Barnwell: Region Needs to Improve Green Development

Solar panels in Andros, Bahamas By the Caribbean Journal Staff Greater levels of investment are vital if the Caribbean is serious about sustainable development, CARICOM Director of Sustainable Development Garfield Barnwell said last week in Suriname at the opening of a regional workshop on Multilateral Environment Agreements. Barnwell said the region needed to integrate environmental […]


Former Barbados PM Owen Arthur: Caribbean Integration Essential

Removing trade barriers is “essential” for the advancement of the Bahamian economy, former prime minister of Barbados, Owen Arthur, has said. “The Bahamas can play an integral role in the development of the Caribbean region and the economies of its member states if they understand and maximize their full potential in the ways they can […]

Andrew Humphries on the Four Seasons Nevis Reopening and Caribbean Expansion

After Hurricane Omar hit the island of Nevis and closed the Four Seasons Nevis for over two years in 2008, the resort celebrated its reopening in December 2010, and, more recently, its 20-year anniversary. Caribbean Journal talked to Andrew Humphries, General Manager of the Nevis resort and the Four Seasons’ Regional Vice President for the […]

Bahamas Looking to Capitalize on "Billion-Dollar" Shipwreck Industry

Removing trade barriers is “essential” for the advancement of the Bahamian economy, former prime minister of Barbados, Owen Arthur, has said. “The Bahamas can play an integral role in the development of the Caribbean region and the economies of its member states if they understand and maximize their full potential in the ways they can […]

David Smith to Plead Guilty to $220M Fraud in Orlando Federal Court

David Smith, who led the failed investment scheme OLINT, will plead guilty to 23 charges in Orlando federal court. Smith, who began OLINT in Jamaican until moving it to Turks and Caicos (where he pleaded guilty to fraud and conspiracy charges last year), described OLINT as a private investment club that pooled investors’ money in […]

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