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U.N.: Caribbean Foreign Direct Investment Fell 18 Percent in 2010

ECLAC headquarters in Santiago, Chile By the Caribbean Journal staff A report released yesterday showed Latin America with a larger increase in foreign direct investment than any other region last year, but the Caribbean did not fare as well, according […]

Applewhaite: CARICOM Can Make Global Mark in Diplomatic Arena

By the Caribbean Journal staff The Caribbean region can wield global influence despite its small size through diplomacy, according to acting CARICOM Secretary General Lolita Applewhaite. “It is the force of ideas and creativity that are our strengths as we […]

Trinidad’s Energy Minister Meets with Ghanaian Officials on Natural Gas

Ghana’s Energy Minister Dr. Joe Oteng-Adjei and Trinidad’s Minister of Energy Carolyn Seepersad-Bachan By the Caribbean Journal staff Following an agreement that would see Trinidad supply energy for power plants in Ghana, Trinidad and Tobago’s Minister of Energy and Energy […]

Manatt Commission Set to Report May 16

Lawyers in the Manatt-Dudus Commission of Enquiry in Jamaica made their final submissions yesterday as the commission prepares to present its report by the May 16 deadline. The report centers on two main questions — whether the extradition of Christopher […]

Bahamas Petroleum Company to Begin Offshore Drilling in 2012

The Bahamas Petroleum Company is planning on beginning drilling in 2012, according to BPC CEO Dr. Paul Crevello. “We are working towards a drilling well next year sometime,” Crevello said yesterday. “We know the government is working towards getting regulations […]

Trinidad House Approves Financial Intelligence Bill in Unanimous Vote

Parliament, Port-of-Spain Trinidad’s government approved amendments to its Financial Intelligence Bill yesterday in a unanimous vote in the House of Representatives. The vote followed what had been a heated debate. Trinidad had faced being blacklisted because of non-implementation of the […]

More Extradition Controversy for Jamaica

Jamaican Tony Ashman, who was slated to be extradited from Jamaica to England to face a murder charge, has been detained for more than 60 days without being extradited. Now, pressure in the country, led by the opposition People’s National […]

Slight Earthquake in Bermuda

An earthquake measuring 4.4 on the Richter Scale occurred 50 miles off the coast of Bermuda today, and was felt in businesses in Hamilton, along with residential households in Warwick. According to Mark Guishard of the Bermuda Weather Service, there […]

OBMI’s Tim Peck Talks Scrub Island and Luxury Development

Tim Peck is the chairman of design firm OBMI and is the company’s former CEO for the Caribbean region. OBMI has long been a major player in the region, in master planning, resort design and development consulting. Peck, who makes […]

Cayman Passes Changes to Companies Law

Caymanian legislators passed three laws yesterday aimed at bringing financial services in the Cayman Islands in line with international standards. The three laws were the Companies (Amendemnt) Bill 2011 and two companion bills — the Securities (Amendment) Bill and the […]

Barbados Chamber of Commerce Signs Agreement with Prince Edward Island

Andy Armstrong, president of the Barbados Chamber of Commerce Following the Bahamas’ lead in looking to Canada for investment opportunity, the Barbados Chamber of Commerce and Industry signed a Memorandum of Understanding yesterday with the Chamber of Commerce of the […]

Jamaican Government Temporarily Cuts Fuel Taxes, Staves Off Protest

Minister of Finance and Public Service Audley Shaw The Jamaican Government temporarily reduced the ad valorem tax on petrol from 15 percent to 10 percent yesterday, with the cut set to take effect Thursday. The move came after threats of […]

A New Beginning for the End of the World

At the edge of the Atlantic and the farthest boundaries of the Bahamas, in a small bar off Queen’s Highway, roamed the ghosts of presidents, outlaws and writers. But after years of neglect, even Ernest Hemingway couldn’t get a drink […]

REDjet to Start Flights Next Month

New Caribbean airline REDjet is set to take off next month, with tickets going on sale Wednesday, the company announced in a statement. According to Redjet, the first flights will begin May 8, featuring frequent trips to Barbados, Guyana, Jamaica […]

CARICOM, Italy Sign MOU

CARICOM and Italy today signed a Memorandum of Understanding aimed at strengthening political, scientific and technical relationships between the Caribbean market and Italy, CARICOM Secretary-General Lolita Applewhaite announced today. The Memorandum places a special focus on areas including tourism, modernization […]

Bahamas Completes BTC Sale

The government of the Bahamas has completed a 51 percent sale of the Bahamas Telecommunications Company to British firm Cable and Wireless Communications, Prime Minister Hubert Ingraham announced today in a statement. The deal was the subject of a great […]

Guyana, China Agree on Infrastructure, Healthcare Projects

China’s Assistant Commerce Minister, Li Rongcan and Guyana’s Foreign Minister, Carolyn Rodrigues-Birkett Guyana and China signed agreements yesterday on a series of projects, including transportation, health care and cultural-related initiatives. Guyana’s Foreign Minister, Carolyn Rodrigues-Birkett, Finance Minister Ashni Singh and […]

Jamaica, Barbados Meet to Discuss Alleged Incident at Grantley Adams Airport

Grantley Adams International Airport A five-member Jamaican delegation will meet with officials from Barbados today to talk about the alleged incident March 14 in which Jamaican national Shanique Myrie claimed she endured two demeaning cavity searches by a female immigration […]

Andrew Humphries on the Four Seasons Nevis Reopening and Caribbean Expansion

After Hurricane Omar hit the island of Nevis and closed the Four Seasons Nevis for over two years in 2008, the resort celebrated its reopening in December 2010, and, more recently, its 20-year anniversary. Caribbean Journal talked to Andrew Humphries, […]

Ingraham Leads Bahamian Investment Delegation on Canada Visit

A Bahamian delegation of public officials and private investors led by Prime Minister Hubert Ingraham is on its way to Canada to find opportunities for investment in the country, Ingraham announced Friday at a press conference. “I don’t want to […]

Jamaica’s Manatt Commission Debates Washington Lobbyists

A heated battle took place at the Manatt Commission of Enquiry today in Kingston, as lawyers debated the place of lobbyists in Jamaican history. Frank Phipps, attorney for the Jamaica Labour Party, attempted to support the proposition that the practice […]

Jamaican MPs, Amending Constitution, Pass Charter of Rights

Prime Minister Bruce Golding and Opposition Leader Portia Simpson-Miller Jamaica’s Parliament passed the long-debated Charter of Rights Bill yesterday, which has been discussed for nearly two decades. The new charter, which will replace Chapter III of the Jamaican Constitution, was […]

Jamaica Set to Vote on Charter of Rights

After nearly three decades, the Jamaican Parliament will vote today on the Charter of Rights Bill, which would replace Chapter Three of the Jamaican Constitution, which protects “Fundamental Rights and Freedoms.” In order to pass, the bill, which saw its […]

Golding Testifies before Commission

Prime Minister Bruce Golding began his long-awaited testimony before the Manatt Commission of Enquiry Friday, saying that he was “livid” when the high-powered Washington, D.C. lobbying firm said it preferred to represent the Government of Jamaica as opposed to the […]

Richard Lightbourn Talks Bahamian Law, the Privy Council and Foreign Investment

By Alexander Britell Richard Lightbourn is a partner at McKinney, Bancroft and Hughes, the landmark Nassau law firm. Current Prime Minister Hubert Ingraham was a law clerk at the firm, and his predecessor, Perry Christie, committed his pupilage at the […]

New Bahamas Airport Terminal Opens

By the Caribbean Journal Staff The first stage in a $409.5 million airport redevelopment at Nassau’s Lynden Pindling International Airport has opened, with a new U.S. Departures Terminal arriving on time and at a cost of $198.1 million. The new […]

Former Jamaica PM Patterson to Give Norman Manley Lecture

Norman Manley and P.J. Patterson By the Caribbean Journal Staff Former Jamaican Prime Minister P.J. Patterson, Q.C., O.N., will give the Norman Manley Lecture Thursday at the Norman Manley Law School, according to Stephen Vasciannie, dean of the law school. […]

Barbados Moves toward Green Economy

The Government of Barbados is moving to green its economy with the help of the United Nations Environment Programme. “My government continues to be committed to that vision and the emphasis at this point is to consolidate and elevate its […]

From Antigua to Saint Lucia to St Kitts, This Caribbean Airline Is Growing