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Markets

Markets

IMF: Haiti, Suriname, Dominican Republic Boast Top Regional Growth

By the Caribbean Journal staff Haiti, Suriname and the Dominican Republic will post the Caribbean’s highest GDP growth rates i 2012, according to quarterly projections released Monday in the International Monetary Fund’s World Economic Outlook. Haiti is projected to grow […]

Markets

S&P Lowers Grenada Foreign Currency Ratings After Missed Bond Payment

Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its foreign currency sovereign credit ratings on Grenada following a missed bond payment, the ratings firm announced Monday. S&P has lowered its foreign currency sovereign credit […]

Markets

Paulwell: Jamaica Aiming to Introduce Liquefied Natural Gas By 2015

Above: Jamaica Energy Minister Phillip Paulwell By the Caribbean Journal staff Jamaica is planning to introduce Liquefied Natural Gas in Jamaica by 2015, despite a recent decision by the government to remove itself from the process of fuel selection. In […]

Markets

Guyana Sees Surge in Gold Production

Above: drilling at Sardine Mountain (Photo: Guyana Frontier) By the Caribbean Journal staff Gold production, declaration and sales have totaled 314,000 ounces to date in 2012, a 23 percent increase over the same time period in 2011, according to Natural […]


Phillips: Jamaica and IMF Making Progress on Agreement

Above: Jamaica Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff Jamaica and the International Monetary Fund are making progress on a long-awaited agreement between the two sides, according to Finance Minister Dr Peter Phillips. “We are at […]


Cayman Islands Government, Private Sector Prepare for US FATCA Law

Above: Georgetown (CJ Photo) By the Caribbean Journal staff The government of the Cayman Islands and the territory’s private sector are working to prepare for the implementation of the United States’ Foreign Account Tax Compliance Act. Cayman currently has a […]

Markets

Jamaica, Macau Sign Tax Agreement

Above: Macau Tower By the Caribbean Journal staff Jamaica and Macau have signed an agreement on the exchange of information on tax matters, Finance Minister Dr Peter Phillips said Friday. The pact will strengthen administrative cooperation between the two countries, […]


IMF Downgrades 2012 Growth Outlook for St Kitts and Nevis

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has downgraded its growth outlook for St Kitts and Nevis for 2012 from 0 to -0.7 percent, it said following the conclusion of a mission […]


Grenada, Caribbean Airlines in Talks on Potential London Service

Above: a Caribbean Airlines plane (Photo: CAL) By the Caribbean Journal staff Grenada’s Airlift Committee is in talks with Caribbean Airlines on potentially servicing the Grenada-London route, according to Tourism Minister Senator George Vincent. The news comes after British Airways […]

Markets

Four Seasons Resort Estates Breaks Ground on $60M Nevis Villa Project

Above: a rendering of one of the Villas at Pinneys Beach By the Caribbean Journal staff The Four Seasons Resort Estates in Nevis has broken ground on a $60 million villa project. The project, which is on an approximately 15-acre […]


Haiti Commission Meets on Food Prices

Above: a meeting of the price control commission in Port-au-Prince (Photo: OP Haiti) By the Caribbean Journal staff Haiti’s recently-established Commission on Price Control met this week to address the issue of food and commodity prices in the Haitian market, […]


Iconic Bacardi Building in Miami Sold

Above: the Bacardi Building’s campus in downtown Miami (Photo: Midtown Miami Now) By the Caribbean Journal staff The iconic Bacardi Building, the signature former US home of the global rum giant, has been sold, Bacardi announced Tuesday. The property has […]


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