Search Result for: growth outlook

117 results found.

S&P Affirms Montserrat Credit Rating; Outlook Remains “Stable”

By the Caribbean Journal staff Standard & Poor’s this week affirmed Montserrat’s “BBB-/A-3” sovereign issuer credit rating, while also affirming its “BBB-” transfer and convertibility assessment. Monterrat’s outlook remains “stable,” according to the ratings firm. The rating reflected “the UK’s […]

S&P Lowers Bahamas’ Outlook to Negative, Points to Weakening Fiscal Profile

Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]

S&P: Grenada’s Outlook Stable, Economy Recovering “Modestly”

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s economic outlook remains “stable,” according to ratings firm Standard & Poor’s, which affirmed its “B-” long-term foreign and local currency ratings on the country Tuesday. S&P also raised its short-term […]

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 […]

IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”

Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]

Regional Outlook: Preparing for the Worst, Hoping for the Best

By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]

Standard & Poor’s Lowers Barbados Outlook, Warns of Rising Downgrade Risk

Above: Parliament in Barbados By Alexander Britell Ratings firm Standard & Poor’s affirmed its BBB-/A-3 local and foreign currency sovereign credit ratings on Barbados this week, but lowered its outlook from stable to negative. “We base our ratings on Barbados […]

Moody’s Gives Trinidad Stable Outlook

Above: Port of Spain, Trinidad Moody’s recently rated Trinidad and Tobago with a “Stable Outlook,” along with rating its government bonds at BAA1–Stable for foreign currency and BAA1 for local currency. According to a July credit analysis report, the country’s […]

Cristina Savescu, World Bank Economist, on Caribbean Growth

By Alexander Britell Earlier this week, the World Bank released a report on growth prospects for Latin America and the Caribbean. That macro region had three distinct areas – Latin America itself, which is in the midst of an economic […]

IMF: Grenada Economic Recovery “Slowly Taking Hold”

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada has made a strong start in implementing its new IMF programme, the fund said following the completion of its first review of its programme with the country. The programme was […]

Interview With Seaborne Airlines CEO Omer ErSelcuk

Above: a Seaborne plane By Alexander Britell With the departure of American Eagle from the Caribbean, the region’s aviation industry continues to change. But while many predicted doom, airlines large and small, from Cape Air to JetBlue, are working to […]

IMF: “Slow Recovery May Be Underway” in St Vincent and the Grenadines

Above: Bequia (Photo: Discover St Vincent) By the Caribbean Journal staff Economic indicators suggest that a “slow recovery may be underway” in St Vincent and the Grenadines, according to the International Monetary Fund, which recently concluded a visit to the […]

Jamaica Tops 2 Million Total Visitors in 2023

Jamaica has topped the 2 million visitor mark in 2023, factoring in the combined total of stay over and cruise passenger visits, according to newly-shared data from the Jamaica Ministry of Tourism. That includes surging stay over numbers that are […]

In Bermuda, Signs of a Travel Rebound

Bermuda seems to have turned the corner in its post-pandemic travel rebound, according to the newest data released by the Bermuda Tourism Authority. The island’s leisure air arrivals were up 88 percent in the first quarter, compared to the same […]

The Caribbean Vacation Is Back in a Big Way

It began when the Caribbean was the first global destination to see any of its destinations reopen for tourism at the peak of the pandemic. Quickly, travelers around the world were drawn to the Caribbean, for the region’s outstanding health-protocol […]

Bonaire Is the New Hotspot of the Dutch Caribbean

When Johnny and Therese Boer of the three-Michelin-star Die Librije opened a restaurant in Bonaire five years ago, it wasn’t just a massive moment for the Caribbean culinary scene. The opening of the Brass Boer was a nod to the […]

What’s Ahead for Caribbean Real Estate in 2023?

By Joe Pike, Special Contributor to CJI Since the onset of the pandemic, the Caribbean has been one of the hottest real estate markets in the world. But does the future hold for the market after nearly three years of […]

The US Virgin Islands Just Waived Testing for Vaccinated Travelers

Fully vaccinated US travelers no longer need to take a test to travel to the United States Virgin Islands. The destination’s Department of Tourism announced the move this week, which means travelers can simply submit proof of vaccination in lieu […]

Anguilla Real Estate Market Trending Upward

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Caribbean Journal Invest is the leading authority on hotel, real estate and investment news in the Caribbean. Subscribe today to unlock this article and receive our newsletter, […]

CJI Conversation: Best Western CEO Larry Cuculic on the Caribbean Market

By Guy Britton Larry Cuculic took over as the newest chief executive officer of Best Western Hotels and Resorts towards the end of 2021, overseeing a company that is in the midst of a broad expansion push in the Caribbean […]

A Major Caribbean Luxury Real Estate Summit

A first-of-its-kind digital Caribbean luxury real estate summit is set for December. Caribbean Journal Invest will present the Caribbean Luxury Real Estate Outlook 2022 in a digital format from 12 PM EST to 2 PM EST on December 8. The […]

Why Namron Hospitality Group Is Bullish on Tulum

By Alexander Britell To access this content, subscribe now. Caribbean Journal Invest is the leading authority on hotel, real estate and investment news in the Caribbean. Subscribe today to unlock this article and receive our newsletter, or Log In to […]

What’s Next for Highgate in the Caribbean

Marriott Opens New Aloft Hotel in Puerto Rico

Marriott has opened its second Aloft hotel in the Caribbean – the new Aloft Ponce in Puerto Rico’s second city. The new Aloft Ponce has a total of 152 guest rooms, with amenities like 55-inch flatscreen tVs, Bliss Spa toiletries and […]

Dominican Republic Tourism Is Starting to Rebound

The Caribbean’s most popular destination is getting popular again. The Dominican Republic, long the powerhouse of Caribbean travel, is seeing positive tourism growth so far in 2021, according to the country’s tourism officials. The Dominican Republic reported 263,867 tourists in […]

What’s Next for American Airlines in the Caribbean?

People are starting to travel again. And while the numbers are, unsurprisingly, not what they were at the beginning of last year, there seems to be growing optimism in the travel industry — particularly the all-important aviation sector, with increased vaccination […]

CHTA: Caribbean Tourism “Will Rebound”

The Caribbean Hotel and Tourism Association has an optimistic outlook for the recovery of the region’s tourism sector, according to new CHTA President Pablo Jose Torres Sojo. Torres, who was speaking during a series of presentations to travel and tourism […]

Mary J. Blige Just Joined the Lineup for the St Kitts Music Festival