Markets
Hotels

Pendry Is Opening Its First-Ever Caribbean Resort in Barbados 

barbados pendry

Luxury boutique brand Pendry is opening its first-ever Caribbean hotel on the island of Barbados. The company is rebranding — and transforming – the former Port Ferdinand residential resort into what is now one of the region’s most anticipated debuts.  So what’s in store?  An 80-room retreat, with a marina, several eateries, a spa, a kids’ […]

Markets

CARICOM "Assured" of Jamaican Support for Caribbean Integration

Above: CARICOM Secretary General Irwin LaRocque and Jamaican Prime Minister Portia Simpson Miller (Photo: CARICOM) By the Caribbean Journal staff CARICOM Secretary General Irwin LaRocque said he has been “assured” of Jamaica’s support for the Caribbean integration movement by Prime Minister Portia Simpson Miller and Opposition Leader Andrew Holness. The assurance came during a three-day […]

Markets

Jamaica Plans Health Tourism Expansion

By the Caribbean Journal staff Jamaica’s government is planning to expand its health tourism offerings, according to Industry Minister Anthony Hylton. Improving the niche tourism market could help improve Jamaica’s health care and create jobs, he said. “The poor will actually benefit from what would be centres of excellence created here in Jamaica to do […]

Markets

Barbados Receives $17 Million IDB Loan for Smart Energy Initiative

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados will soon receive a $17 million loan for the country’s Public Sector Smart Energy programme, following the loan’s approval by the Inter-American Development Bank. The programme will also be receiving a $7.6 million grant from the European Union, the first such grant provided by the […]


Jamaica Plans Health Tourism Expansion

Above: downtown Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados has not forgotten the potential of the African market for tourism, according to Tourism Minister Richard Sealy. The Minister, who was speaking recently at the launch of the 8th African Diaspora Heritage Trail Conference, said Barbados is holding some “very preliminary discussions” with South […]

Governor: Turks and Caicos Has "Real Potential" for Economic Growth

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The Turks and Caicos Islands has “real potential for economic growth,” according to Governor Ric Todd, who launched the territory’s new Green Paper on economic development Monday. The paper, which is intended to kick off a public consultation on the future economic […]

United States Virgin Islands Projects Receive Green Energy Funding

Above: St Thomas By the Caribbean Journal staff A few weeks after the news of a significant solar investment in the United States Virgin Islands, a few smaller-scale green energy projects have received funding from the US Department of Agriculture. The funding, which comes from the department’s Rural Energy for America Progarmme, will target seven […]

CARICOM Secretary General Irwin LaRocque Heading to Jamaica

Above: CARICOM SG Irwin LaRocque (UN Photo/JC McIlwaine) By the Caribbean Journal staff CARICOM Secretary General Irwin LaRocque will make an official visit to Jamaica on Wednesday. LaRocque will hold talks with Prime Minister Portia Simpson Miller on the first day of his three-day trip, the tenth to a CARICOM member state since taking office […]

Jamaica's Phillips Urges Credit Unions to Comply with International Regulations

Above: Jamaican Finance Minister Peter Phillips By the Caribbean Journal staff Jamaican Finance Minister Peter Phillips is urging the country’s credit unions to promote the need to adhere to international financial regulations. “The global environment is now requiring us to comply with international financial standards,” Phillips said. “Other institutions have been forced to comply with […]

Jamaican Small Businesses Going Green through New DBJ Programme

Above: DBJ Managing Director Milverton Reynolds, DBJ Project Coordinator Christopher Brown, Minister of State Julian Robinson and CAC 2000’s Steven Marston By the Caribbean Journal staff Jamaican small businesses are getting a green boost thanks to a new project from the Development Bank of Jamaica and the Inter-American Development Bank. The project, called GreenBiz, aims […]

Rio+20 Conference Nets Pledges of $513 Billion for Sustainable Development

Above: Sha Zukang (UN Photo/Maria Elisa Franco) By the Caribbean Journal staff A total of nearly $513 billion was pledged by governments at this week’s Rio+20 conference on sustainable development in Rio. “From the very beginning, we have said that Rio+20 is about implementation and concrete action,” said Sha Zukang, the secretary general of the […]

OAS Urges Central American-Caribbean Collaboration in Honduras Talks

Above: Roatan on Honduras’ Caribbean coast By the Caribbean Journal staff Honduras Tourism Minister Nelly Jerez Karina Caballero met with Organization of American States Assistant Secretary General Albert Ramdin Wednesday to disuse the “growing importance” of the tourism sector for economies in the region. The Minister reiterated Honduras’ commitment to the OAS to serve as […]