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Is Rum Barbados’ Newest Green Energy?
Above: the Mount Gay Distillery in Barbados By the Caribbean Journal staff Like most industries, Barbados’ rum sector is facing rising energy costs — but one Barbadian minister has a solution. By using vinasse, which is the material output from […]
Jamaica Signs Deal on ICT Loan as Part of Wider Technology Strategy
Above: Industry, Investment and Commerce Minister Dr Christopher Tufton (JIS Photo) By the Caribbean Journal staff The Jamaica Promotions Corporation and the Development Bank of Jamaica Limited signed a Memorandum of Understanding yesterday on a $20 million loan facility to […]
Canadian Firm Signs Bauxite Deal in Underexplored Region of Guyana
Above: PM Samuel Hinds and CEO Hilbert Shields (Photo: GINA) By the Caribbean Journal staff Canadian firm First Bauxite Corporation is hoping to develop a vastly underexplored region of bauxite mining in Guyana’s Bonasika, an area along the Essequibo river […]
Guyana’s Cabinet Approves $138 Million Airport Expansion Deal with China
Above: Cheddi Jagan International Airport (Photo: GINA) The government of Guyana has announced the approval of a $138 million agreement with the state-owned China Harbour Engineering Company for the design and construction of an expansion at Cheddi Jagan International Airport. […]
Caribbean Banks to Increase Credit for Small Businesses: Report
Above: Claughton House in Nassau (Photo: CJ) By the Caribbean Journal staff A large majority of banks in the Latin American and Caribbean region consider small- and medium-sized enterprises a strong part of their business, and plan to increase their […]
In Barbados, Calls for a Free Zone
Above: Industry Minister Denis Kellman (Photo: BIGS/C.Pitt) Barbados Industry Minister Denis Kellman has called for the establishment of a free zone and showroom for local products. “It has been long overdue, and I can assure you that we in the […]
Trinidad Launches Housing Programme
Above: Trinidad PM Kamla Persad-Bissessar (Photo: TGISL) By the Caribbean Journal staff Trinidad has launched the third phase of its Colour Me Orange programme, an initiative that will employ 2,000 mostly disadvantaged youth over a three month period to rehabilitate […]
Ron Daniels Talks Haiti
Above: the Sans Souci Palace in Haiti (UN Photo/Victoria Hazou) By Alexander Britell Dr Ron Daniels is the President of the Institute of the Black World and the Founder of the Haiti Support Project, an organization that has been working […]
Suriname, World Bank Renew Partnership
By the Caribbean Journal staff A contingent from the World Bank began a three-day visit to Suriname yesterday aimed at rewinding the bank’s commitment to the country. World Bank Director for the Caribbean Francoise Clottes was joined by Giorgio Valentini, […]
New Antigua Airport Terminal Breaks Ground, With Help from China
Above: a rendering of the new VC Bird Airport Terminal By the Caribbean Journal staff Antigua broke ground yesterday on a new airport terminal at the country’s VC Bird International Airport, a project that will begin construction next month and […]
Bahamian Coconuts Get Jamaican Help
Above: Jamaican coconut expert Dr Wayne Myrie inspects a section of Greg Stuart’s stock in North Eleuthera. From left: BAIC GM Benjamin Rahming, Myrie, Edison Key and Arnold Dorsett (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamian government […]
Trinidad “Ready” to Aid Africa on Energy
By the Caribbean Journal staff Trinidad and Tobago stands ray to assist Africa in the development of its oil and gas industries, Trinidad Energy Minister Kevin Ramnarine said in a speech at the Commonwealth Business Forum in Perth, Australia. Trinidad […]
Op-Ed: Developing the Right Small Business Act for the Bahamas
Above: Bay Street in Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor After my organization hosted the country’s first Small Business Summit in 2009, it was evident that the Bahamas needed a national strategic plan for the development of […]
St Lucia Top Caribbean Country for Doing Business: World Bank Report
By the Caribbean Journal staff Doing business is easier in St Lucia than anywhere else in CARICOM, according to the 2012 Doing Business report from the World Bank and the International Finance Corporation. St Lucia was ranked 52nd in the […]
In BVI, a Push to Change Energy Law
By Alexander Britell From Dominica to Jamaica, the Caribbean’s green energy movement has made significant strides over the last several years. But for those in the British Virgin Islands, going green can be a bit more difficult. Despite growing support […]
A Boost for Caribbean Small Businesses
Above: IFC Headquarters By the Caribbean Journal staff The International Finance Corporation, a division of the World Bank, and Barbados National Bank have launched the Caribbean SME Toolkit in Barbados today, bringing the country an online guide for small- and […]
St Kitts Wind Farm Contract Under Review
Above: WindWatt’s wind farm in Nevis (Photo: CJ) A contract signed by the United States Overseas Private Investment Corporation to fund the first phase of the wind farm at Bel Vue in St Kitts is under review, according to Prime […]
St Kitts, Taiwan Sign Radio Agreement
By the Caribbean Journal staff St Kitts and Nevis Foreign Minister Sam Condor has signed a memorandum of understanding between Radio Taiwan International and ZIZ Broadcasting Corporation, while in Taipei this week. Radio Taiwan, which is one of the world’s […]
Bahamian Agriculture Push Continues
Above: Exuma farmer Bernard Rolle at a melon farm (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamas’ move to emphasize agriculture, especially in islands like Abaco and Exuma, received a boost last week when the Bahamas Agricultural and […]
Barbados Moves toward Urban High-Rises
By the Caribbean Journal staff Barbados has launched what it calls an Urban High-Rise Housing Programme, an initiative aimed at satisfying the growing demand for housing in the country. The programme, which is a joint venture partnership between the National […]
Bahamian Farmers Recover from Irene
Above: farmer Dwight Saywer lost his entire banana crop. Also pictured: BAIC Executive Chairman Edison Key and Assistant GM Arnold Dorsett (BIS Photo/Gladstone Thurston) The Bahamian Agricultural and Industrial Corporation has stepped in to help farmers on Grand Bahama whose […]
Oil Company Anadarko Looks at Guyana
Above: Anadarko VP Ian Cooling meeting with President Bharrat Jagdeo. Middle: Noel Dennison, head of GGMC’s Petroleum Division (Photo: GIA) By the Caribbean Journal staff Anadarko Petroleum Corporation, the largest private US oil company, is brainstorming the prospects of a […]
Suriname Becomes IFC Member
Above: Suriname President Desire Delano Bouterse (UN Photo/Aliza Eliazarov) By the Caribbean Journal staff Suriname has become the 14th Caribbean country to join the World Bank’s International Finance Corporation, making it the groups 183rd member. The country was already a […]
In the Bahamas, Help for Organic Farming
By Gladstone Thurston IICA’s Bahamas representative, Dr Marikis Alvarez (left), farmer Kirk Deleveaux, Edison Key (centre) and assistant general manager for agriculture, Arnold Dorsett (BIS Photo) The Inter-American Institute for Cooperation on Agriculture is continuing its push for agricultural development […]
Jamaica to Expand Tech Sector
Jamaica’s government announced a plan to expand the country’s information and communications technology sector, along with its business process outsourcing industry, according to Industry, Investment and Commerce Minister Dr Christopher Tufton. “It is our position, as a government, that the […]
Improving Jamaican Manufacturing
Above: Minister of Industry Dr Christopher Tufton (JIS Photo) There still issues for the Jamaican government to adjust as it seeks to expand the country’s manufacturing sector, Minister of Industry, Investment and Commerce Dr Christopher Tufton said. “It’s a challenge, […]
Jamaica Seeks More Chinese Investment
Above: the Chinese embassy in Jamaica Above: the Chinese Embassy in Jamaica (Photo: Chinese Embassy) Jamaican Minister of Finance Audley Shaw said an invitation has been extended to the Chinese to expand their investments in the country. Shaw, who was […]
Bahamas Giving Pineapples a Boost
Above: Arnold Dorsett, Edison Key, Lucayan Tropical Manager Tim Hauber and BAIC GM Benjamin Rahming (BIS Photo/Derek Smith) By Gladstone Thurston In an effort to boost its pineapple industry, the Bahamas Agricultural and Industrial Corporation has begun distributing 5,000 tissue-cultured […]
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