Search Result for: imports

103 results found.

Dennis Chung: Jamaica Without the IMF

By Dennis Chung CJ Contributor AS I READ the Dec. 29, 2012 statement, issued by Jamaica’s Finance Minister concerning the status of the International Monetary Fund negotiations, I thought to myself that it is not clear when Jamaica is […]

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) […]

Dennis Chung: Jamaica’s Economy in 2013

By Dennis Chung CJ Contributor ONE QUESTION I get a lot is: what is to be expected of economic performance in Jamaica in 2013? In particular, people want to know about the IMF agreement, the exchange rate, inflation, and GDP […]

Haiti’s Apparel Exports to United States Increase “Substantially”: Report

Above: an atelier in Haiti By the Caribbean Journal staff Exports of apparel from Haiti to the United States under a government allowance programme have increased “substantially” since 2011, according to a report from the US Government Accountability Office. The […]

St Lucia’s Cap Maison Resort Set to Launch 2013 Chef Series

Above: Cap Maison By the Caribbean Journal staff For the third year in a row, St Lucia’s Cap Maison resort will be launching its Chef Series, which imports chefs from restaurants around the world and puts them in the kitchen […]

Haiti PM Laurent Lamothe Holds Talks With Japanese Ambassador

Above: Haiti Prime Minister Laurent Lamothe (left) in talks with Japan’s Ambassador to Haiti, Kenji Kuratomi (right) (Photo: OP Haiti) By the Caribbean Journal staff Haiti Prime Minister Laurent Lamothe met Thursday with Kenji Kuratomi, Japan’s Ambassador to Haiti, to […]

Jamaica on “Unsustainable” Energy Path

Above: Julian Robinson, State Minister for Science, Technology, Energy and Mining, says Jamaica must cut its energy costs (JIS Photo) By the Caribbean Journal staff Jamaica is on an “unsustainable path” when it comes to energy costs, and the country […]

Bahamas, Dominican Republic to Hold Talks on “Illegal” Fishing

Above: Bahamas Foreign Minister Frederick Mitchell (BIS Photo) By the Caribbean Journal staff The Bahamas and the Dominican Republic will be holding talks on what the Bahamian government has termed “illegal fishing” by Dominican nationals in Bahamian waters. The two […]

IMF Downgrades 2012 Growth Outlook for St Kitts and Nevis

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has downgraded its growth outlook for St Kitts and Nevis for 2012 from 0 to -0.7 percent, it said following the conclusion of a mission […]

Haiti Commission Meets on Food Prices

Above: a meeting of the price control commission in Port-au-Prince (Photo: OP Haiti) By the Caribbean Journal staff Haiti’s recently-established Commission on Price Control met this week to address the issue of food and commodity prices in the Haitian market, […]

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 […]

Haiti Continues Artibonite Development With Help from Venezuela, Spain

Above: discounted fertilizer in Desdunes (Photo: OP Haiti) By the Caribbean Journal staff Haiti President Michel Martelly inaugurated a new drinking water supply and distribution system in Verrettes during a tour of the Artibonite region on Tuesday. The system came […]

Haiti’s Martelly Continues Agriculture Push, With Help from Venezuela

Above: Haiti President Michel Martelly in Timonette (Photo: OP Haiti) By the Caribbean Journal staff Haiti is continuing its drive to promote the growth of agriculture in the country. The latest move came Monday as Haiti President Michel Martelly visited […]

CARICOM SG Heads to South Korea

Above: CARICOM Secretary General Irwin LaRocque By the Caribbean Journal staff CARICOM Secretary General Irwin LaRocque has begun an official visit to South Korea. While in the country, LaRocque will attend the Second High-Level Forum on Korea-Caribbean Partnershipo, which will […]

Forbes: Jamaica’s Energy Insecurity

By Marcia Forbes, PhD CJ Contributor Heavy Burden of Imported Oil The figures stunned me. Anthony Hylton, Minister of Industry, Investment & Commerce and Julian Robinson, State Minister in the Ministry of Science, Technology, Energy & Mining both spoke at […]

Interview With Barbados Energy Minister Senator Darcy Boyce

Above: Minister Darcy Boyce (CJ Photo) By Alexander Britell Like the rest of the Caribbean, Barbados is working to deal with the problem of increasing energy costs. With imported fuel dominating foreign exchange and the accordant high gas prices putting […]

St Kitts and Nevis Meets Performance Targets, But IMF Lowers Growth Outlook

Above: St Kitts (Photo: SKT) By the Caribbean Journal staff The International Monetary Fund has lowered its economic outlook for St Kitts and Nevis’ economy in 2012, with a projected growth of zero percent, although the country did meet all […]

Op-Ed: Trinidad and Canada

By Hon. Sen. Don Meredith Op-Ed Contributor As the people of the twin-island republic of Trinidad and Tobago reach a historic milestone, it is both a time to celebrate the successes of the past and the opportunities that lie ahead. […]

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 […]

Montserrat Reforms Import Tax Rates

By the Caribbean Journal staff Montserrat will introduce measures to simplify and rationalize the island’s import tax rates next month, according to Frank Ferguson, director general of the Montserrat Revenue Services. The revisions will cause changes to be made to […]

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 […]

Fortuño: Puerto Rico Becoming “A More Attractive Place to Do Business”

Above: Governor Luis Fortuño By the Caribbean Journal staff Puerto Rico has become a “more attractive place to do business” with a reduced corporate tax burden for companies looking to invest in the island, Governor Luis Fortuño said at the […]

Haiti, Brazil and United States Partner on Food Security Initiative

Above: a farm in Haiti By the Caribbean Journal staff Haiti, Brazil and the United States are partnering to improve food security in Haiti, aiming to increase incomes and improve nutrition in the country. The trilateral partnership builds upon the […]

CARICOM-United States Trade Up 39 Percent in the Last Three Years

Above: the fourth meeting of the US-CARICOM Trade and Investment Council in Georgetown (Photo: CARICOM) By the Caribbean Journal staff Bilateral trade between the Caribbean Community and the United States has grown by 39 percent in the last three years, […]

Bahamas Pushes Agro-Processing Training, With Help From Jamaica

Above: Edison Key, left and Donna Bromfield (BIS Photo/Gladstone Thurston) By the Caribbean Journal staff The Bahamas is continuing its agricultural push, now with a focus on turning locally-sourced fruits and vegetables into food byproducts. Last week, the Bahamas Agricultural […]

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 […]

Jamaica Needs “Vibrant” Export Sector

Above: Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff A “vibrant” export sector is vital to the Jamaica’s growth and forms a major pillar of long-term economic stability, according to Jamaican Industry Minister Anthony Hylton. Hylton was speaking […]

Op-Ed: Why the Caribbean Matters

By Michael W Edghill Op-Ed Contributor When it comes to US foreign policy, most of the focus tends to be on the Middle East and, increasingly, China. There is rarely a cursory glance offered in the direction of Latin America […]

The Caribbean’s Most Exciting New Rooftop Bar Is In Antigua