Search Result for: local investment
376 results found.
St Kitts and Nevis PM Denzil Douglas: “Green Energy is the Destination”
Above: WindWatt’s wind farm in Nevis (CJ Photo) By the Caribbean Journal staff Green energy is the destination for the Caribbean, and there is no turning back, St Kitts and Nevis Prime Minister Denzil Douglas told diplomats at the Third […]
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 […]
Turks and Caicos Signs Agreement for Amanyara Resort Expansion
Above: the Amanyara Resort in Turks and Caicos By the Caribbean Journal staff Turks and Caicos Islands Governor Ric Todd has signed a multi-million-dollar agreement with Caicos Resorts Limited, the owner of the Amanyara resort. The agreement involves a lease […]
Trinidad at 50: Prime Minister Kamla Persad-Bissessar’s Independence Address
Above: Trinidad Prime Minister Kamla Persad-Bissessar (Photo: OPM Trinidad) Trinidad and Tobago marked the 50th anniversary of its independence Friday. The country achieved its independence from the Great Britain on Aug. 31, 1962. The following is the text of Trinidad […]
S&P: Grenada’s Outlook Stable, Economy Recovering “Modestly”
Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s economic outlook remains “stable,” according to ratings firm Standard & Poor’s, which affirmed its “B-” long-term foreign and local currency ratings on the country Tuesday. S&P also raised its short-term […]
Forbes: Jamaican Television — Moneymaking Versus the Public Interest
By Marcia Forbes, PhD CJ Contributor Jamaica Jubilee Conversations To have participated in one of the five Jamaica Jubilee Conversations hosted as a part of this island’s celebration of its 50th anniversary as an Independent nation was an honour. “The […]
St Kitts and Nevis Cabinet Approves Three New Construction Projects
Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff The cabinet of St Kitts and Nevis has approved three construction projects that could bring a boost of approximately $42.6 million to the country’s local economy. One of the […]
Op-Ed: A Real Estate Crisis in Jamaica?
By Ramesh Sujanani Op-Ed Contributor ALTHOUGH JAMAICA’S ECONOMY is showing some sign of stability, the housing market has yet to reflect this situation. Property sales are slow, and the demand for rentals is ever increasing; so much so that rentals […]
Montserrat Development Corporation Names New Board of Directors
Above: Montserrat By the Caribbean Journal staff The Montserrat Development Corporation has named a new board of directors to help execute the company’s mandate of driving private sector growth. Its incoming chairman will be John Ryan, a local Montserratian businessman […]
Agreement Signed to Bring Park Hyatt Hotel to St Kitts’ Christophe Harbour
Above: Christophe Harbour By the Caribbean Journal staff Dubai’s Range Developments has signed an agreement to build a Park Hyatt hotel in St Kitts. The project will be financed through the St Kitts and Nevis Citizenship by Investment Programme through […]
Marcia Forbes: The Trade Wars Between Jamaica and Trinidad
By Marcia Forbes, PhD CJ Contributor The Patty War Many in the Anglophone Caribbean would have heard of Jamaica’s Patty War with Trinidad. It came to a head in 2009. At its root was what some describe as non-tariff barriers […]
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 […]
Jacmel Hotel Among Recipients of New Clinton Bush Haiti Funding
Above: Jacmel’s Cap Lamandou Waterview Hotel By the Caribbean Journal staff The Cap Lamandou Hotel in Jacmel, Haiti is among several recipients of $2.59 million in new funding announced by the Clinton Bush Haiti Fund. Jacmel’s Cap Lamandou has obtained […]
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. […]
Jamaica “Making Every Effort” to Create More Friendly Business Environment
Above: Information Minister Sandrea Falconer By the Caribbean Journal staff Jamaica’s 2012/2013 budget is not what the government ideally wanted to impose on Jamaicans, according to Information Minister Sandrea Falconer. The Minister said that merely imposing tax is not the […]
Barbados Looking to Strengthen Exports Within CARICOM Region
Above: Bridgetown (CJ Photo) By the Caribbean Journal staff CARICOM is Barbados’ number one export market, and the country is working to intensify efforts to strengthen that position. Later this month, Barbados will send a 15-member contingent of local companies […]
Interview with Haiti Tourism Minister Stephanie Villedrouin on Remaking Haiti’s Brand
By Alexander Britell Haiti’s tourism sector is beginning again. Two years since the earthquake, new hotels are beginning to pop up, new hospitality students are being trained and destinations like Jacmel are entering the consciousness of international travelers. While it’s […]
Op-Ed: Hyatt’s Carlos Cabrera on the Future of Caribbean Hotels
By Carlos Cabrera Op-Ed Contributor When asked about Hyatt’s strategy to enhance its distribution during the company’s Q1 earnings call in May, Mark Hoplamazian, President and CEO of Hyatt Hotels Corporation, specified that expanding the Hyatt Resort presence was one […]
US Virgin Islands Delegate, Senator Menendez in Row over Diageo Deal
Above: US Virgin Islands Delegate Donna Christensen and New Jersey Senator Robert Menendez By the Caribbean Journal staff US Virgin Islands Delegate Donna Christensen said she was “dismayed” that Senator Robert Menendez (D-NJ) used a hearing of the Senate Finance […]
Op-Ed: How to Fix the Bahamas’ Economy
By Mark Turnquest Op-Ed Contributor After analyzing The Bahamas’ economic conditions for the past three years and reviewing international watchdog agencies’ (Moody’s, IFC/World Bank, Standard & Poor’s) reports, it is imperative that the public and private sectors focus on small […]
Ilio Durandis: Why Haiti Must Invest in an Innovative Revolution
By Ilio Durandis CJ Contributor Haitian government officials are saying that the country is ready for takeoff, but the destination is unknown, and how the country will take off is still not clear. The time can no longer be about […]
Turks and Caicos Projects Revenue Increase, But “Further Work” Remains
Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff Turks and Caicos’ draft budget projects a 20 percent increase in revenues for the financial year 2012/2013. The new draft budget, which goes to Turks and Caicos’ […]
Trinidad’s Finance Minister Dookeran: Pension System in Need of Reforms
Above: Trinidad Finance Minister Winston Dookeran By the Caribbean Journal staff Trinidad and Tobago’s pension system is in need of reforms, as risk still remain despite a solid pension industry, according to Finance Minister Winston Dookeran. According to the Minister, […]
Montserrat Premier Signs Memorandum With UK on Government Reforms
Above: signing the MoU (Photo: GIS) By the Caribbean Journal staff Montserrat Premier Reuben Meade has signed a Memorandum of Understanding with the United Kingdom’s Department for International Development outlining a series of governmental reforms the territory must undertake to […]
Op-Ed: The Bahamian Election and the Importance of Small Business
By Mark A Turnquest Op-Ed Contributor Small and Medium Sized Enterprise (SME) owners must carefully review all political parties’ platforms for the upcoming May 7, 2012 general election in the Bahamas. SME owners must determine which political party best articulates […]
Puerto Rico Announces Plans for $22 Million Bilingual School in San Juan
Above: Puerto Rico Governor Luis Fortuño (Photo: OG) By the Caribbean Journal staff Puerto Rico Governor Luis Fortuño and San Juan Mayor Jorge Santini have announced plans to build a $22 million bilingual school in San Juan. The School of […]
Dominican Republic and Honduras Look to Expand Bilateral Trade
Above: Officials during the Honduras visit By the Caribbean Journal staff The Dominican Republic recently sent a trade mission to Honduras to hold talks with local entrepreneurs and business industry associations, looking to expand trade between the two countries. The […]
In Haiti’s Tabarre Issa, Finding Out the Truth about Ecological Toilets
Above: Septic systems dug by residents at Tabarre Issa (Photo: Fritznelson Fortune) By Lafontaine Orvild TABARRE, HAITI — COMPLETE WITH GALLERY AND GARDEN, 534 wood and plasterboard houses dot a gravel plot of former sugarcane fields northwest of Haiti’s capital. […]
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