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Doing Business in the Caribbean: Lessons From Singapore

By Paul Hay Op-Ed Contributor In the “Competitiveness of Small Nations: What matters?”, Densil Williams and Beverly Morgan analyze the competitive performance of Singapore, Barbados, Jamaica, Trinidad and Tobago under the “Global Competitiveness Report” over a period spanning 2004/5 to […]

Forbes: Mobile Lifestyle Revisited

By Marcia Forbes, PhD CJ Contributor No Tweeting & Facebooking on the Go Only six weeks in use, my iPhone suddenly started prompting me that I had no data plan. What data plan? After all, a post-paid service has always […]

IMF: Trinidad and Tobago’s Economy to Grow 1.5 Percent in 2013

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s economy is projected to grow by around 1.5 percent in 2013, according to the International Monetary Fund, which concluded an Article IV mission to the country this week. […]

Haiti: Best Western Pushes Back Opening Date to Early April

Above: a rendering of the Best Western Premier Haiti By Alexander Britell The Best Western Premier in Haiti, which had planned to debut March 15, has pushed back its opening to the first week of April, Caribbean Journal has learned. […]

Jamaica, IMF Reach $750 Million Staff-Level Agreement

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]

Turks and Caicos Premier Asks UK to Recall Governor, Attorney General

Above: Turks and Caicos Premier Rufus Ewing By Alexander Britell Turks and Caicos Premier Dr Rufus Ewing has asked the United Kingdom to recall Governor Ric Todd, Attorney General Huw Shepheard and CFO Hugh McGarel Groves from office. In a […]

IMF: Jamaica Must Address Structural Impediments to Growth

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica must address “with urgency” the structural impediments to the country’s growth, including its excessive debt burden, the International Monetary Fund said following its visit to the country. The statement by […]

Mountain Biking in Haiti

Above: mountain biking at La Visite (Photo: Steve Z Photography) By the Caribbean Journal staff Haiti’s new tourism push is still in its early stages — but one niche the country seeks to develop is the adventure market. On that […]

Dennis Chung: Business and Consumer Confidence in Jamaica

By Dennis Chung CJ Contributor LAST YEAR, when the Jamaica Chamber of Commerce (JCC) reported that consumer and business confidence were at their highest level for years, many persons were excited about the prospects. I remember speaking with Ralston Hyman […]

Haiti: Solar-Powered Mirebalais Hospital Set to Open in March

Above: the Mirebalais University Hospital (Photo: PIH) By the Caribbean Journal staff The Mirebalais University Hospital in Haiti will open in March, according to US-based healthcare organization Partners in Health. The $17 million, 300-bed national public teaching hospital has already […]

Fitch Lowers Jamaica Outlook to Negative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has lowered Jamaica’s outlook to negative, although the firm affirmed its B- credit rating on the country, it announced Friday. The revision to negative reflects “Jamaica’s rising financing constraints in […]

Dennis Chung: Jamaica’s Policy Options

By Dennis Chung CJ Contributor THERE ARE TWO THINGS of importance to Jamaica that occurred over the past two weeks which will have an effect on what happens to our economy going forward. The first is the update on the […]

Jamaica Signs Off on IMF Measures; Talks Heading Toward “Final Round”

Above: Minister Peter Phillips (CJ Photo) By the Caribbean Journal staff Jamaica’s Cabinet has signed off on a series of measures required to advance the country’s negotiations with the International Monetary Fund, Finance Minister Dr Peter Phillips said at a […]

Dennis Chung: Jamaica Without the IMF

By Dennis Chung CJ Contributor AS I READ the Dec. 29, 2012 statement, issued by Jamaica’s Finance Minister concerning the status of the International Monetary Fund negotiations, I thought to myself that it is not clear when Jamaica is […]

Jamaica’s Phillips: Negotiations With IMF Technical Staff “Virtually At An End”

The following is a statement from Jamaica Finance Minister Dr Peter Phillips concerning the country’s negotiations with the International Monetary Fund: On assuming office, one of the most urgent priorities of this administration was to reopen the line of communication […]

Op-Ed: Only Small Business Can Save the Bahamian Economy

By Mark A Turnquest Op-Ed Contributor National policymakers in the Bahamas have focused on top-down economic strategies to improve the tourism, financial services and construction industries for almost 40 years. However, after all is said and done, the Bahamas, as […]

UK Minister for Overseas Territories to Visit Turks and Caicos Next Week

Above: UK Minister for the Overseas Territories Mark Simmonds (Photo: FCO) By the Caribbean Journal staff United Kingdom Minister for the Overseas Territories Mark Simmonds will be making his first ministerial visit to the Turks and Caicos Islands next week. […]

IMF: Belize Experiencing Output Rebound, Tourism Recovery

Above: Belize (Photo: Belize Tourism) By the Caribbean Journal staff Belize is experiencing an output rebound, despite a decline in oil production, according to the International Monetary Fund, which just concluded its yearly review of the country’s economy. According to […]

Green Energy and Jamaican Tourism

Above: the view from the Hotel Mockingbird Hill in Port Antonio By the Caribbean Journal staff Innovation in the management of energy could provide a boost to Jamaica’s tourism sector, Minister Dr Wykeham McNeill said this week. With an increasingly […]

Cayman and the US Campaign: An Interview with Richard Coles

Above: Georgetown, Grand Cayman By Alexander Britell While places like Virginia and Florida will mean the most to the upcoming presidential election in the United States, another location has been popping up disproportionately during the campaign: the Cayman Islands. Since […]

IMF: Dominican Republic Economy Slows Down, Fiscal Position Deteriorates

By the Caribbean Journal staff The Dominican Republic’s economy has slowed down this year, according to the International Monetary Fund, which recently concluded a staff visit to the country. The meeting, which took place from Sept. 10 to Sept. 18, […]

In Cayman, the Future of Electric Cars

Above: the Wheego LiFe (CJ Photo) By Alexander Britell GRAND CAYMAN — It began with a small group of cars under a white tent just across from Seven Mile Beach in Grand Cayman — but it could herald the start […]

From Jamaica to Trinidad, Finding the World of Caribbean Food in New York

By Nigel Spence CJ Contributor Food has been a part of my life since I can remember, and New York City has contributed an amazing amount to my learning process, my experiences and my knowledge of it. It has intensified […]

S&P: Lack of IMF Agreement “Detracting” from Jamaica’s Creditworthiness

Above: Kingston By the Caribbean Journal staff Standard & Poor’s this week raised the short-term sovereign credit rating on Jamaica to “B” from “C.” The ratings firm also affirmed its “B-” long-term foreign and local currency ratings, along with holding […]

Moody’s Upgrades Suriname Bond Rating, Raises Outlook to “Positive”

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff Ratings firm Moody’s has upgraded the foreign currency rating of the government of Suriname to Ba3 and raised the country’s economic outlook from stable to “positive.” The change came from several […]

Jamaica Reports Tax Revenue Increase

Above: Jamaican Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica saw an 11 percent increase in tax revenues in June compared to the same period in 2011, according to Finance Minister Dr Peter Phillips. The Minister made […]

Experiencing the World of the Caribbean, Beyond Luxury Vacations

Beyond Luxury Vacations has premiered a fresh, authentic way to experience all that the Caribbean has to offer. Select your island paradise of choice — popular destinations include Grenada, Antigua, Barbados, the Grenadines, Jamaica and St Lucia — and this […]

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 […]

Rum Journal: From Jamaica, a Legendary Brand Grows Up