Search Result for: export import bank

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Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

A New Way For Trinidad and Jamaica to Work Together

By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago,  compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]

Bahamas Opens New Nassau Airport Gateway, With Help From China

Above: the new airport gateway (BIS Photo) By the Caribbean Journal staff The Bahamas has officially opened the new dual-lane gateway to Lynden Pindling International Airport in Nassau. The project includes a four-lane carriageway, the construction of nine new roundabouts […]

“Aid For Trade” Launches in Haiti

Above: CARICOM Secretary General Irwin LaRocque By the Caribbean Journal staff The Caribbean officially launched its CARICOM “Regional Aid for Trade” strategy at a ceremony in Haiti on Tuesday. Aid for Trade, a partnership with the Inter-American Development Bank and […]

Op-Ed: The Logistics Hub Project and Jamaica’s Development

By Paul Hay Op-Ed Contributor ONE LINE of the Jamaican National Anthem reads: “Give us vision lest we perish.”  Vision 2030 Jamaica provides a national development plan for making “Jamaica, the place of choice to live, work, raise families, and […]

Construction at Bahamas’ Baha Mar Resort Project Reaches Midpoint

Above: a rendering of the Baha Mar project (CJ Photo) By Alexander Britell The Baha Mar resort project, the largest in the Caribbean, has reached its construction midpoint. The $3.5 billion development on New Providence’s Cable Beach has completed the […]

Baha Mar Resort Project Moving Forward in the Bahamas

Above: construction at Baha Mar in the Bahamas (All photos by CJ)   By Alexander Britell NASSAU —The Baha Mar resort project, the largest in the Caribbean, is moving forward with construction toward a planned December 2014 completion date. The […]

Op-Ed: The Internationalization of Jamaica’s Small Business Sector

By Richard Kildare Op-Ed Contributor The challenges in developing any economy are many. It is prove, however, that through the infrastructural development of small businesses and entrepreneurship, this sector can account for employing more than 60 to 80 percent of […]

IMF: Caribbean Needs “Decisive” Reforms for Growth to Return

Above: Bridgetown, Barbados (CJ Photo) By the Caribbean Journal staff The Caribbean needs “decisive reforms” to boost competitiveness and private sector investment in order to overcome low potential growth in the region. That was among the findings of a two-day […]

Op-Ed: Harnessing the Power of Small Business in Jamaica

By Richard Kildare Op-Ed Contributor It is a fact that micro, small and medium-sized enterprises are critical to the development of every nation’s growth.  It is not a position that can be seriously disputed; MSME’s are a virtual powerhouse and […]

Grenada Succeeds in Protecting Cash in US and Vacating Restraining Notices

By L Andrew S Riccio CJ Legal Contributor Grenada is an island nation better known for its beaches and diving than for petroleum production. But in 2004, RSM Production Corp., a US company, applied for a petroleum exploration license from […]

Op-Ed: The Value of Jamaica’s Dollar

By Ramesh Sujanani Op-Ed Contributor It is now being touted that, with Jamaica’s expenditure exceeding its income, constant depreciation of the Jamaican Dollar is imminent. It has been said that this is no different to what has occurred in the […]

Grenada’s PM Reshuffles Cabinet

Above: Grenadian Prime Minister Tillman Thomas By the Caribbean Journal staff Grenada Prime Minister Tillman Thomas has reshuffled his cabinet. Glynis Roberts, the country’s former Labour Minister, has been appointed the Minister for Environment, Foreign Trade and Export Development, while […]

Nevis Premier: Path “Getting Clearer” to Geothermal Energy Project

By the Caribbean Journal staff Nevis has overcome a number of hurdles as it seeks to move forward on the island’s geothermal energy project, according to Premier Joseph Parry. “I am pretty pleased about it,” Parry said Wednesday on his […]

Op-Ed: Taxing Jamaica’s Future

By Ramesh Sujanani Op-Ed Contributor There is no doubt that Jamaica is one of the world’s most taxed countries (in more ways than one). Nominal incomes for low-to-middle income individuals, after taking out the exemption level, (which has been revised […]

Op-Ed: The Bahamas Election Looms

By Ian Strachan Op-Ed Contributor The Bahamas braces itself for the eighth election in its 39-year history. It promises to be just as close as its last, in which less than 4,000 votes separated the two major parties. So far […]

Op-Ed: The Jamaica Manufacturers’ Association and CARICOM

By Ramesh Sujanani Op-Ed Contributor It was in the late 1960s that management called me in to attend a meeting at the Jamaica Manufacturers’ Association, at their then-new Duke Street headquarters in Kingston. I asked, “why me?” And I received […]

Op-Ed: Political Suspense in Jamaica

By Ramesh Sujanani Op-Ed Contributor It is now the eve of parish council elections in Jamaica. This time it is concurrent with the General Elections in which the PNP (People’s National Party) surprisingly won a mandate over the JLP (Jamaica […]

What China and Europe Mean for the Caribbean, from Haiti to Barbados

By Alexander Britell CHINA AND EUROPE remain the biggest threats to the Caribbean’s economy — that is, Chinese deceleration and European debt. But how vulnerable is the Caribbean to those potential external shocks? A recent study from the Inter-American Development […]

China-IDB Fund Could Mobilize $1 Billion for Latin America and the Caribbean

Above: IDB President Luis Alberto Moreno (IDB Photo) By the Caribbean Journal staff The Export-Import Bank of China and the Inter-American Development Bank are working to create an investment platform for Latin America and the Caribbean that could create as […]

Op-Ed: The IMF and Jamaica

By David P Rowe Op-Ed Contributor It is obvious that the IMF and the JLP government were either in continuous disagreement or that they were unable to enter a mediated agreement over the last year. According to the IMF’s website, […]

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 […]

Interview with St Lucian Tourism Minister Sen. Allen Chastanet

By Alexander Britell St Lucians head to the polls on Monday, with a choice between Prime Minister Stephenson King’s ruling United Workers Party and former Prime Minister Dr Kenny Anthony’s Saint Lucia Labour Party. The major issues in a tightly-fought […]

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 […]

Op-Ed: Ilio Durandis: Is Haiti Really Open for Business?

Above: UN Humanitarian Chief Valerie Amos and Haitian President Michel Martelly (UN Photo/Marco Dormino) By Ilio Durandis At least since 2009, Haitian politicians have taken deep pride in saying that Haiti is open for business. I remember back in the […]

Op-Ed: Royann Dean on Building a Creative Economy in the Caribbean

Above: the Cayman Enterprise City project By Royann Dean Throughout election season in the region, we will inevitably hear talk about sustainable development. Sustainable is commonly synonymous with ‘environmental’ but also includes economic sustainability. Creativity is not likely to be […]

China-Caribbean: The Next Three Years

Trinidad Foreign Minister Dr Surujrattan Rambachan welcomes Chinese Vice Premier Wang Qishan to the Diplomatic Centre, St Ann’s, Trinidad (Photo: TGISL) By the Caribbean Journal staff The Chinese government announced six major measures aimed at enhanced cooperation between China and […]

Economist Dr Michael Witter on Debt, Globalisation and the Jamaican Economy

By Alexander Britell Dr Michael Witter is an economist and senior lecturer at the Sir Arthur Lewis Institute of Social and Economic Studies at the University of the West Indies Mona. He is also one of the Caribbean’s experts on […]

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