Search Result for: corporation

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Jamaica’s Banana Sector Gets a Lift, With Help from Honduras

Above: Agriculture Minister Roger Clarke listens to Oral Lewis, head of extension services for Jamaica’s Banana Board (JIS Photo) By the Caribbean Journal staff Jamaica’s banana sector, which has been under threat from detrimental trade rulings to the crippling Black […]

Bahamas Pushes Agro-Processing Training, With Help From Jamaica

Above: Edison Key, left and Donna Bromfield (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamas is continuing its agricultural push, now with a focus on turning locally-sourced fruits and vegetables into food byproducts. Last week, the Bahamas Agricultural […]

After General Election Win, Jamaica’s PNP Takes Local Government Elections

Above: the PNP supports the party’s local election win, with National Security Minister Peter Bunting (right) By the Caribbean Journal staff Following its electoral sweep in Jamaica’s general election in December, the People’s National Party took a strong victory in […]

St Lucia Waits on Potential Sale of Hess Oil Storage and Transshipment Terminal

Above: the Hess terminal in St Lucia (Photo: Hess) By the Caribbean Journal staff St Lucia is taking a wait-and-see approach on the potential sale of the Hess crude oil refined products and storage terminal at Cul de Sac. Hess […]

Barbados Looks to Support Local Artisans

By the Caribbean Journal staff For many visitors to Barbados, local crafts are the “pieces of the rock” that accompany them back to their homes. Now, Barbados’ government says it is looking to continue those that create them. The next […]

Following HOVENSA Closure in St Croix, Valero Suspends Refining in Aruba

Above: the Valero refinery in Aruba By the Caribbean Journal staff Following the closure of the HOVENSA refinery in St Croix last month, another Caribbean refinery will be shutting down. Valero Energy Corporation announced that refining operations at its 235,000-barrel-per […]

Dominican Republic to Open Training School for Larimar Craftsmen

Above: Larimar (Photo: CIG) By the Caribbean Journal staff It is a stone found only in the Dominican Republic. And now, a semi-precious stone called Larimar will get its own school in the country. The Ministry of Industry and Commerce […]

Jamaica Aids Bahamas’ Coconut Push

Above: coconuts slated for distribution (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamas Agricultural and Industrial Corporation is continuing its push to cultivate the coconut industry in the country, distributing 6,000 coconuts resistant to lethal yellowing to farmers […]

Jamaica Eyes India for Investment

Above: India (Photo: IT) By the Caribbean Journal staff The Jamaica Promotions Corporation (JAMPRO) recently invited tenders for representatives in China and India, as the country hopes to capitalize on its proximity to the United States to promote investment. “We […]

US Virgin Islands Signs Agreement on St Croix Baseball Stadium Project

Above: US Virgin Islands Governor John de Jongh (Photo: OG) By the Caribbean Journal staff The US Virgin Islands has entered into an agreement with developers to build a multi-million dollar sports complex at the Paul E Joseph stadium in […]

From Atlantis to the Ocean Club, Bahamian Produce Begins Turning Heads

Above: BAIC farm manager Ayret Lightbourn answers questions from chefs about tomato production in North Andros (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff A number of Bahamian chefs were on hand this weekend in North Andros to look at […]

Trinidad-Based Pipeline to Supply Natural Gas to Eastern Caribbean

Above: Port of Spain By the Caribbean Journal staff A new pipeline to be laid on 188 miles of seabed will bring natural gas from Trinidad and Tobago to the Eastern Caribbean, the country’s Ministry of Energy announced today in […]

Grenada Gets Top Rank for Investment Promotion, Bests Trinidad and Jamaica

Above: St George’s, Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s Industrial Development Corporation has been ranked first among 77 investment promotion institutions in Africa, Caribbean and the Pacific, according to the Global Investment Promotion Benchmarking 2012 report, a […]

Canadian Firm Sagres to Continue Offshore Oil Exploration in Jamaica

Above: An offshore rig By the Caribbean Journal staff Canadian firm Sagres Energy has received an extension on its licences in Jamaica, continuing the firm’s exploration according to three production-sharing agreements with the Petroleum Corporation of Jamaica. The three agreements […]

US Virgin Islands Governor Holds Talks with HOVENSA Owners

By the Caribbean Journal staff US Virgin Islands Governor John de Jongh met yesterday with officials of soon-to-be-shuttered refinery HOVENSA and its owners: HOVIC, a subsidiary of the Hess Corporation and PDVSA, VI, a subsidiary of Petroleos de Venezuela, SA […]

Cayman Business Group Criticizes Report on Mitt Romney’s Investments

Above: US Republican Presidential Candidate Mitt Romney By Alexander Britell A report by US-based ABC news focusing on Republican Presidential Candidate Mitt Romeny’s financial investments in the Cayman Islands displayed a “total misunderstanding of the role of the Cayman Islands’ […]

Largest Caribbean Oil Refinery to Close

Above: the HOVENSA refinery in St Croix By the Caribbean Journal staff The HOVENSA oil refinery in St Croix, US Virgin Islands, will be shut down, the company announced today. The refinery, which is one of the 10 largest in […]

US Private Equity Firm Buys Controlling Stake in Largest Jamaican Fuel Retailer

Above: Cool Corp is the Jamaica licensee for Shell (Photo: Shell) By the Caribbean Journal staff United States private equity firm Blue Equity has purchased a controlling interest in Cool Petroleum, the largest fuel retailer in Jamaica, according to a […]

British Virgin Islands Must “Keep Pace” on Renewable Energy: Minister

By the Caribbean Journal staff Green energy has to be a priority for the British Virgin Islands government, according to Minister for Communications and Works Mark Vanterpool. Vanterpool met last week with board members of the BVI Electricity Corporation to […]

Interview with Jamaican Parliamentary Candidate Julian Jay Robinson

By Alexander Britell Julian Jay Robinson is the People’s National Party candidate for South East St Andrew in the upcoming Jamaican election. Robinson, currently the deputy general secretary of the PNP, studied management and economics at the University of the […]

Barbados, Trinidad Talk Natural Gas

By the Caribbean Journal staff Barbados and Trinidad are currently negotiating a deal that would import natural gas into Barbados, according to Sir Harcourt Lewis, chairman of the country’s National Petroleum Corporation. Lewis was speaking at the 30th anniversary luncheon […]

A Boost for Haitian Small Business

By the Caribbean Journal staff Small and medium enterprises in Haiti are getting a boost thanks to a joint programme between the International Finance Corporation and local institution Sogebank. The project involves reengineering Sogebank’s SME unit, improving its products and […]

IMF: St Kitts and Nevis Met Performance Targets, Despite Weak Growth

Above: Charlestown, Nevis (Photo: CJ) By the Caribbean Journal staff The Federation of St Kitts and Nevis has met all quantitative performance targets through September 2011, according to the International Monetary Fund. The targets were met despite what the IMF […]

Bahamas Links Agriculture, Tourism

Above: a farm in Andros (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamas is “serious about food production,” and intends to secure the link between agriculture and tourism, according to Edison Key, chairman of the Bahamas Agricultural and […]

Interview with Roger Chang, President of the Jamaica Solar Energy Association

By Alexander Britell The Caribbean’s green energy movement has made strides in recent years, from a burgeoning geothermal sector on islands like Nevis and Dominica to wind farms like the one at Wigton in Jamaica. It’s Jamaica, however, which is […]

Sugar a Top Priority in Guyana

Above: sugar cane gets transported in Guyana (Photo: GINA) By the Caribbean Journal staff Guyana’s Sugar Corporation (GUYSUCO) continues to be a major part of the agriculture sector and the country as a whole, according to Guyanese Agriculture Minister Dr […]

Integrated Economic Zones Could Help Haiti Add Jobs: IFC Report

Above: an industrial park in Haiti (UN Photo/Eskinder Debebe) By the Caribbean Journal staff The implementation of integrated economic zones could create as many as 380,000 jobs and 100,000 home sites in Haiti in the next two decades, according to […]

Op-Ed: Mark Turnquest on Why the Bahamas Needs a Ministry of Commerce

Above: downtown Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor MISSION OF THE MINISTRY OF COMMERCE My advice to the Bahamas’ Free National Movement government is to create a Ministry of Commerce without incurring any costs or expenses. Simply […]

The Saint Lucia Cruise Port Has a New Operator