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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-China Sugar Deal Sours: Report

Chinese firm COMPLANT, to whom the Jamaican government divested three state-owned sugar estates last year, is reportedly showing reservations over the deal. Cleveland Keddo, chairman of the Westmoreland and Hanover Cane Growers association, said the Chinese were not aware of […]

Texaco to Sell Cayman, Jamaica Properties

Following the purchase of 174 gas stations in the Eastern Caribbean by Vitogaz, a subsidiary of French petroleum company Rubis, Texaco is putting its stations in Cayman and Jamaican on the block. The initial deal included stations in 11 countries, […]

Op-Ed: OBMI’s Tim Peck on How to Improve the Caribbean Hotel Market

By Tim Peck Despite challenges the Caribbean has faced in the past few years, the future for the industry shows great potential. The prudent hotel owner should now be focusing on repositioning their property to preserve their asset and prepare […]

Bahamas Continues Solar Push

After a series of blackouts from electrical load shedding, the Bahamian government is working to implement its National Energy Policy with the installation of solar panels. “The majority or the largest consumer of petroleum products in the Bahamas is BEC […]

Bahamas Telecom Extends Cable to Haiti

Above: an undersea cable Bahamas Telecom Company will be extending its U.S.-Caribbean cable to improve connectivity in Haiti. “We are going to make a significant investment into expanding the capacity of the Miami cable,” said BTC CEO Geoff Houston in […]

Unfinished Anguilla Resort Sells for $15M

The still-unfinished 280-acre Temenos resort on Anguilla was purchased by an American home-goods executive for $15 million. Leandro Rizzuto, who owns the nearby CuisinArt Resort & Spa on the island, paid around 10 percent of the balance owed to the […]

Ingraham Modifies Foreign Investment Restrictions, Residency Requirements

Restrictions preventing foreign investment in restaurants and entertainment facilities have been lifted by Bahamian Prime Minister Hubert Ingraham, who also announced a new minimum dollar requirement for foreign direct investment. The prime minister attributed the changes to a series of […]

Jamaica to Tap Chinese Coffee Market

The Jamaican Government is moving to broaden the market of Jamaica’s high-end Blue Mountain Coffee, as the first 16,500 kilogram shipment of Jamaican green bean coffee was sent off on its way to Hangzhou, China. Last year, the Hangzhou Coffee […]

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