Search Result for: business taxes

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Jamaica’s Productivity Problem

By Dennis Chung CJ Contributor AFTER 12 previous IMF agreements, Jamaica is once again at a crossroads. We are once again at a place where we are having a debate about how much pain is being inflicted by the agreement, […]

What Are Jamaica’s Options on Public-Sector Wages?

By Dennis Chung CJ Contributor ONCE again the public sector wage negotiation is the main topic of the day in Jamaica. This was also the case in 2004, when the first round of wage freezes was agreed. Then, just like […]

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 […]

Why Jamaica Needs a Long-Term View

By Dennis Chung CJ Contributor Recently, I said to someone that one of the challenges Jamaica has as a country is that we are too focused on immediate gratification, and not on the long-term effects of our actions. As a consequence, […]

Where is Jamaica’s Private Sector?

By Dennis Chung CJ Contributor LAST year I sat on a panel to discuss the state of the economy. Someone in the audience correctly stated that much work was being done by the government to improve the business and economic […]

Thinking Differently in Jamaica

By Dennis Chung CJ Contributor 2015 is here, and we celebrate a new year and new beginnings. But what does the turn of a new year really mean? Traditionally, we have always celebrated a new year as a new beginning, […]

The Caribbean’s Air Tax Problem

Above: St Thomas (CJ Photo) By Alexander Britell ST THOMAS — On a recent visit to Liat.com, a ticket from Antigua to neighbouring St Kitts cost $108.00. With taxes and fees, however, the price jumped almost 70 percent — an […]

Caribbean Airlift and Caribbean Tourism

By Julio Orozco Op-Ed Contributor The importance of ‘Accessibility’ particularly Air Access and its relationship to the viability of the Regional Tourism Industry cannot be over stated. The tourism industry is heavily reliant on air transport for tourists/visitors for business and […]

Christine Lagarde: Jamaica’s Economic Outlook “Is Improving”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The economic outlook for Jamaica “is improving,” International Monetary Fund managing director Christine Lagarde said following her official visit to the country. Lagarde, who made her first official visit […]

Jamaica’s Path to Prosperity

By Dennis Chung CJ Contributor Jamaica’s January fiscal numbers reveal a concern that many of us expressed at the start of the International Monetary Fund agreement: that achieving the primary surplus target is going to be very challenging. The numbers […]

Transforming Jamaica’s Public Sector

By Dennis Chung CJ Contributor ANYONE WHO has been reading my articles will be aware that I have always been caught up with the need to transform the public sector into a more efficient and facilitative support for private sector […]

UK to Reduce APD on Caribbean Flights

Above: Parliament in the United Kingdom By the Caribbean Journal staff The United Kingdom has announced that it will be reforming its controversial Air Passenger Duty on flights originating in the country, Chancellor of the Exchequer George Osborne announced in […]

A New Vision For Jamaica

By Dennis Chung CJ Contributor THIS week I am going to look at the positive impact we can have on Jamaican development if we were to fix the crime and bureaucracy challenges I discussed last week. I will once again […]

Jean Holder: Caribbean Tourism in 2014

The LIAT Chairman on what’s in store for 2014 By Jean Holder Op-Ed Contributor I AM more of an optimist than a prophet, otherwise I could not do what I do every day. I have an abiding faith in the […]

The Caribbean’s Incarceration Problem

By Michael W Edghill CJ Contributor Every now and again, a report or statistic comes along that presents something genuinely surprising. A few weeks ago, that statistic came by way of a graphic shared through social media. The graphic showed the […]

The Caribbean’s Greatest Challenge

By Zhivargo Laing CJ Contributor WE FACE many challenges in the Caribbean, but we need to pay special attention to the region’s most serious challenge – employment. Many thousands of our people are unemployed. Thousands more are under-employed. And many […]

Dennis Chung: Private Sector Growth and Jamaican Development

By Dennis Chung CJ Contributor LAST week I wrote about what the pillars of growth are. Today I want to answer a question, often asked in a roundabout way, by persons who say that the private sector has not done […]

Jamaica’s Pillars for Growth

By Dennis Chung CJ Contributor MY last article looked at how Jamaica can increase competitiveness in the tourism industry, which is critical for Jamaica because tourism is our highest foreign exchange earner, and the area in which we have always […]

Does Jamaica Need a Redesign?

By Dennis Chung CJ Contributor Playing Cricket on a Volleyball Court ANYONE who knows the game of cricket would know how difficult it would be to fit all 22 players, both umpires, and both sets of stumps on a volleyball […]

Vanderpool-Wallace: The Missing Link For Tourism in the Caribbean

By Vincent Vanderpool-Wallace CJ Contributor TOURISM MINISTERS and Commissioners and their counterparts in the private sector in the Caribbean have come to see that the region’s tourism industry is vastly underperforming compared to the potential that they see. Hotel occupancies […]

Bureaucracy and Jamaican Growth

By Dennis Chung CJ Contributor FINALLY WE CAN celebrate that we have an IMF agreement again in Jamaica. The real importance of the agreement is that it will bring with it a certain amount of confidence and multilateral support for […]

Nassau Experience Contest Rules

OFFICIAL RULES Nassau Experience sponsored by Graycliff The Nassau Experience at Graycliff (the “Sweepstakes”) is sponsored by Caribbean Journal the “Sponsor”). ONE (1) GRAND PRIZE: Three (3) nights, EP (room only) at the Graycliff in Nassau Bahamas Approximate retail value: […]

Durandis: Crunching the Numbers on Haiti’s National Education Fund

By Ilio Durandis CJ Contributor WHAT IS likely one of the most important tariffs on any sector in the Haitian society was imposed on the Haitian Diaspora shortly after the inauguration of Haiti President Michel Martelly in May 2011. The […]

Dennis Chung: Jamaica’s Survival Under the International Monetary Fund

By Dennis Chung CJ Contributor AT THE END of December 2012, when it became clear no International Monetary Fund (IMF) deal was coming, I wrote an article titled “Jamaica without the IMF,” as I felt that it was important to […]

CHTA President Richard Doumeng Talks Caribbean Travel

Above: the Bolongo Bay Resort in St Thomas By Alexander Britell On Thursday, the long-awaited redesign of caribbeantravel.com officially launched. The new site, viewed as a new kind of portal for the Caribbean travel market, comes as the region faces […]

Dennis Chung: Jamaica’s Policy Options

By Dennis Chung CJ Contributor THERE ARE TWO THINGS of importance to Jamaica that occurred over the past two weeks which will have an effect on what happens to our economy going forward. The first is the update on the […]

Dennis Chung: Avoiding Economic and Social Decline in Jamaica

By Dennis Chung CJ Contributor JAMAICA IS ONCE AGAIN at an economic crossroads. Only this time it is more critical that we take the correct path, as the wrong one today leads over a precipice. The last time we were […]

Op-Ed: The Caribbean Cliff We Must Avoid

By Hon. Donna Christensen US Virgin Islands Delegate to Congress AS WASHINGTON frantically scrambles to prevent the United States from falling over the proverbial Fiscal Cliff, I am concerned to hear rumblings of a potential World Trade Organization (WTO) […]

Riu Just Opened Its Newest All-Inclusive in Jamaica