Search Result for: economic news

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Accountability in Jamaica

Why the health sector saga is important By Dennis Chung CJ Contributor Jamaica’s recent health sector saga has brought to the fore the real need for accountability in the country. The fact is that this is not the first incident to […]

What Jamaica Needs to Succeed

By Dennis Chung CJ Contributor One of the things we often forget is that development of a company or a country is primarily for the purpose of advancing the lives of people, and not just measuring numerical indicators. Although companies […]

This is the Biggest Question Facing Caribbean Air Transport

What kind of regional air transport system does the Caribbean want? By Kareem Yarde Op-Ed Contributor It was proclaimed that the 2015 restructuring plan of regional carrier LIAT — announced by the major shareholding governments (Barbados, St. Vincent and the Grenadines, […]

How the Red Cross Failed Haiti

Above: The Red Cross promised to build hundreds of new homes in Campeche but none have been built. Many residents still live in crude shacks. (Marie Arago, special to ProPublica) By Justin Elliott, ProPublica, and Laura Sullivan, NPR THE NEIGHBORHOOD […]

Could the “Singapore Experience” Have Happened in Trinidad?

Above: Port of Spain (CJ Photo) By Paul Hay CJ Contributor Lee Kuan Yew, Singapore’s first Prime Minister, died on 23 March 2015; and on 29 March 2015, the Straits Times published an article titled “The Singapore That Lee Kuan […]

The Caribbean’s 25 Most Interesting People For 2014

WHO WERE the Caribbean’s newsmakers this year? Who were the people within the Caribbean doing interesting things, or the people from the Caribbean doing great work around the world? Who were the people in the Caribbean conversation? Our Most Interesting […]

Lease Agreement Signed For New Hotel Project in US Virgin lslands

Above: Water Island By the Caribbean Journal staff A long-dormant Caribbean island is getting a major development boost. US Virgin Islands Governor John de Jongh has approved a lease agreement for the Water Island Development Company for the redevelopment of […]

The Caribbean’s Innovation Generation

By Ryan Peterson CJ Contributor The Caribbean, although often depicted as idyllic relaxation under a palm-tree next to the sea, is in fact an emerging region of youth initiatives, events, and young professional organizations that are working towards empowering and […]

Personal Responsibility and Development in the Caribbean

By Dennis Chung CJ Contributor THE RECENT Global Competitiveness report has shown that Jamaica is seeing some international competitiveness return from the current set of policies being instituted. It has been a while since our competitiveness has improved, and this […]

Op-Ed: Can Jamaica Realize Its Potential?

By S Brian Samuel Op-Ed Contributor ECONOMISTS CANNOT read the future, no matter what they say; but they can read the past. And one thing we know from the past is that markets continually go through economic cycles. Booms and […]

What “Buy Jamaican” Should Mean

By Dennis Chung CJ Contributor Earlier this week I attended a forum and was asked to answer some questions from the audience. The forum was about entrepreneurship and one person, an entrepreneur himself, addressed the audience and encouraged everyone that […]

“Visible Progress” in Haiti: World Bank Managing Director

Above: Sri Mulyani Indrawati (World Bank Photo/Dominic Chavez) By the Caribbean Journal staff Haiti is seeing “visible progress,” according to World Bank Managing Director and Chief Operating Officer Sri Mulyani Indrawati, who recently concluded a three-day visit to the country. […]

Is It Time For a Caribbean World Cup?

COULD THE Caribbean ever host a World Cup? Why not? Earlier this year, Caribbean Journal contributor Ilio Durandis put forth the idea that Haiti could one day host the World Cup. But that got us thinking — what about the […]

Turks and Caicos Islands Gets First-Ever S&P Sovereign Credit Rating

Above: the Turks and Caicos Islands By the Caribbean Journal staff The Turks and Caicos Islands has received its first-ever sovereign credit rating from Standard & Poor’s. The British Overseas Territory received a rating of “BBB+/A-2” from the New York-based […]

The Hugo Chavez Effect in the Caribbean

By Michael W Edghill CJ Contributor Why should Caribbean nations be concerned with the political unrest that will not abate in Venezuela? The answer, based upon the statements issued by various Caribbean heads-of-state and Caricom itself, appears to be that […]

Rebuilding Caribbean Coral Reefs

Above: Outplanted staghorn (Acropora cervicornis) coral after one year of growth. (Photo: Kemit Amon Lewis) By Michael W Beck, PhD Op-Ed Contributor ELEUTHERA, Bahamas (25° 8′ 22″ N;  76° 8′ 59″ W) is one of my favourite islands. Unfortunately, storms seem […]

Desarrollos Hotelco in Talks to Develop Resort, Casino in Bermuda

Above: Bermuda By the Caribbean Journal staff Venezuelan hotel firm Desarollos Hotelco Group is in talks to build a new resort in Bermuda. Bermuda Tourism Development Minister Shawn Crockwell told Parliament that the government had decided to enter into an […]

Fear and the Jamaican Economy

By Dennis Chung CJ Contributor FEAR can be a very important learning tool if one understands and embraces it. A child for example learns through fear, and understanding how to minimize the risk associated with the fear. If, however, the […]

8 Green Ideas for the Caribbean

The Caribbean is getting greener — but there’s still a long way to go. So we thought we’d help mark Earth Day by asking a group of Caribbean experts and newsmakers about their ideas for how to make the Caribbean […]

Op-Ed: Is It Time For a Cabinet Reshuffle in Jamaica?

By David Rowe Op-Ed Contributor THE JAMAICA OBSERVER newspaper recently reported Prime Minister Portia Simpson Miller indicating that there would be no cabinet reshuffle in Jamaica in the near future. This may not be very good news for the country, […]

Op-Ed: The United States and Sugar Policy in the Caribbean

By Isabel Wees Op-Ed Contributor In 2001, President George W Bush launched the Caribbean Third Border Initiative with the countries of the Caribbean “to make sure the benefits of globalization are felt in even the smallest economies.” The Third Border […]

Puerto Rico Rating Downgraded to Junk Status By Standard and Poor’s

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its rating on the government of Puerto Rico’s general obligation debt to junk status, the New York-based ratings firm announced Tuesday. The firm lowered Puerto […]

Durandis: On Haiti, the Dominican Republic and Citizenship

By Ilio Durandis CJ Contributor HAITI AND THE DOMINICAN REPUBLIC share the island of Hispaniola. The western third is mostly inhabited by black people of African roots, while the eastern two-thirds is predominantly inhabited by Hispanics with people of a […]

Doing Business in Jamaica

By Dennis Chung CJ Contributor AS I stated in my last article, I believe that Jamaica can start seeing positive economic and social development with the current set of legislative and fiscal reforms we are seeing. However, for this to […]

The Caribbean’s 25 Most Interesting People For 2013

Who were the newsmakers in 2013? Who were the people making a difference in the Caribbean in 2013? We’ve put together our list of the Caribbean’s 25 most interesting people this year. And whether you like what they’re doing or […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

Building Caribbean Data Journalism

By Gerard Best Op-Ed Contributor INTERNET USERS are bombarded daily with a vast world of digital content via news feeds, blogs, webcasts, live streams, image galleries, videoclips and sound bites. Access to huge information repositories is no longer restricted by […]

A New Diplomacy of Development?

Above: Trinidad Foreign Minister Winston Dookeran By the Caribbean Journal staff Is it time for a new diplomacy of development? That’s the view held by Trinidad and Tobago Foreign Minister Winston Dookeran, who made the call during a speech to […]

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