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Markets

Markets

In Chile, a Boost for Haiti's Agriculture

Above: an irrigation channel in Haiti (IDB Photo/Paul Constance) By the Caribbean Journal staff A start-up company intending to bing innovation to Haiti’s agriculture sector is one of 101 companies to be elected into Start-Up Chile, the Chilean government’s innovation […]

Markets

Largest Coral Reef Research Facility in United States Set to Open in Florida

Above: the new coral reef research facility at Nova Southeastern University (Photo: NSU) By the Caribbean Journal staff Nova Southeastern University in Florida will soon debut a $50 million facility that will be the largest coral reef research centre in […]

Markets

Licence Renewed for Bahamas Petroleum Company Oil Exploration, Company Says

By the Caribbean Journal staff The Bahamas’ government has renewed the oil exploration licence for offshore oil firm Bahamas Petroleum, the company announced in a statement Monday. The licences were renewed as of Sept. 7, and the company has been […]

Markets

In the Bahamas, a New Vision of Junkanoo

Above: Junkanoo By the Caribbean Journal staff “Junkanoo is probably a $10 million business,” said Bahamas Culture Minister Dr Daniel Johnson. “We have not yet opened this market up fully.” Johnson, the Bahamas’ new Minister for Youth, Sports and Culture, […]


United States Virgin Islands Raises $130 Million in Bond Issue

Above: the USVI By the Caribbean Journal staff The US Virgin Islands Public Finance Authority sold $146 million of Matching Fund Bonds last week, a bond issue that raised $130 million to fund the government’s operating costs for three fiscal […]


Rum Journal: Tasting Guatemala's Ron Botran Solera 1893

GUATEMALA HAS RISEN to become one of the world’s rum production hubs — from Ron Zacapa to Zaya, which was made in the country until moving its production (and Guatemalan recipe) to Trinidad. But a longtime player is Ron Botran, […]

Markets

Haiti's Martelly Creates Commission to Reform Business Laws

Above: Haiti President Michel Martelly By the Caribbean Journal staff Haiti President Michel Martelly has installed a commission to reform the country’s business legislation. The three-member team, which is comprised of Bernard Gousse, Jean-Frederic Sales and Nathalie Alcindor, will look […]


IMF: Weak Demand, Banana Crop Hold Back Dominica's Economic Recovery

Above: Dominica By the Caribbean Journal staff While Dominica’s authorities’ public investment has helped the country withstand a challenging economic environment, weak demand and the outbreak of the Black Sigatoka banana disease will “continue to hold back” a recovery, according […]


Haiti's Martelly Meets With EDH Utility

Above: Haiti President Michel Martelly during his visit to Electricity of Haiti (Photo: OP Haiti) By the Caribbean Journal staff Haiti President Michel Martelly made a visit Thursday to the headquarters of Haiti’s Electricity of Haiti utility to monitor the […]

Markets

Canada-Based Energy Firm Plans Tank Storage Facility in Nevis

Above: Charlestown, Nevis (CJ Photo) By the Caribbean Journal staff Nevis could soon be the site of a planned $400 million tank storage facility for refined and unrefined hydrocarbon products, the company announced Tuesday. The project, which could bring 150 […]


IMF: Caribbean Needs "Decisive" Reforms for Growth to Return

Above: Bridgetown, Barbados (CJ Photo) By the Caribbean Journal staff The Caribbean needs “decisive reforms” to boost competitiveness and private sector investment in order to overcome low potential growth in the region. That was among the findings of a two-day […]


New Chief Economist at World Bank

Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff Kaushik Basu has been appointed the World Bank’s new chief economist and senior vice president, World Bank Group President Jim Young Kim announced Wednesday. Basu, a native of […]


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