Jamaica: $200 Million in Spending on Riu, Marriott, Fiesta Projects in 2013
Above: the Riu Palace in Negril By the Caribbean Journal staff There will be an injection of more than $200 million USD in Jamaica’s tourism sector in 2013, according to Prime Minister Portia Simpson Miller. The Prime Minister, who was […]
Bahamas' Caves Heights Condominium Project Launches Final Phase
Above: Cave Heights in the Bahamas By the Caribbean Journal staff The Caves Heights oceanfront condominium project in West Nassau has launched its final phase, the company announced. The project aims to complete construction by the first quarter of 2013. […]
Barbados Finance Minister: Moody's Downgrade "No Surprise"
Above: Parliament in Bridgetown (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service’s recent downgrade of Barbados’ debt to junk status was “no surprise” to the country’s Ministry of Finance, Minister Chris Sinckler said in a statement. Sinckler said […]
Barbados' Bonds Downgraded to "Junk" Status by Moody's
Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados’ credit has been downgraded to “junk” status by Moody’s Investors Service. The downgrade lowered the country’s foreign and local currency bond ratings to Ba1 from Baa3. A junk bond, or one […]