Search Result for: state assets

129 results found.

Is It Time for a Caribbean Stock Exchange?

Is it time for a regional stock exchange in the Caribbean? By Marcia Forbes, PhD CJ Contributor Jamaica’s Junior Stock Market Punching above its Weight As its General Manager, Marlene Street-Forrest can take kudos for the Jamaica Stock Exchange (JSE) […]

The 25 Best Bahamas Hotels

With 700 islands and cays, it’s no surprise that the Bahamas has always boasted a world of great places to stay, with the best Bahamas hotels ranging from large hotels to chic boutiques to private islands resorts. There is something […]

The 5 Best St Thomas Hotels

St. Thomas is one of the most beautiful parts of the Caribbean, the effective capital of the United States Virgin Islands, and St Thomas hotels are some of the best places to stay in all of the VI. Blessed with perfect […]

Disaster Risk Reduction in the Caribbean

By George Nicholson and Nnyeka Prescod Op-Ed Contributors In the economic sphere an act, a habit, an institution or a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it […]

This Caribbean Hotel Has Been Sold

By Dana Niland CJ Contributor One of Grand Cayman’s top hotels has been sold. Real estate investment company Embassy Investments Limited has confirmed the sale of assets in Grand Cayman to Dart Realty Ltd, including the former Hyatt Resort, Grand […]

How to Buy a Caribbean Passport

By Nuri Katz As globalization continues, increasing numbers of global high net worth individuals (HNWI) have sought out citizenship by investment opportunities, according to a recent report by the New World Health Organization. Citizenship-by-investment provides HNWI and their families the […]

Op-Ed: Caribbean Climate Change: What’s Next?

By George Nicholson and Nnyeka Prescod Op-Ed Contributors There is rising anxiety amongst island nations as the effects of the continuous warming of the earth become more evident on our physical environment. The negative impacts arising from changes in weather […]

Foundations for Prosperity in Jamaica

A new approach By Dennis Chung CJ Contributor The World Bank recently released a paper called “Jamaica Economic Update Fall 2015”, in which it gave an update on the Jamaican economy and spoke to the necessity to achieve higher levels […]

A New $94 Million Luxury Project Is Coming to the Bahamas

One of the most exclusive corners of the region is getting a major resort project. The government of the Bahamas has executed a Heads of Agreement for a new $94 million luxury resort at South Cat Cay. The project will […]

The Ritz-Carlton St Thomas Has Been Sold

The Ritz-Carlton St Thomas has a new owner. The property, which recently underwent a $22 million renovation, is being acquired by Dallas-based Ashford Hospitality Prime for $64 million from Marriott International. The deal for the 180-room hotel in the US […]

The New Caribbean Kimpton Hotel Has a Name and an Opening Date

Major new project By Sarah Greaves-Gabbadon CJ Travel Editor Kimpton Hotels has announced a November 2016 opening date for Kimpton Seafire Resort + Spa, Seven Mile Beach in Grand Cayman. It will be the San Francisco-based brand’s first hotel outside […]

Helping Haitian Futures

A focus on health By Kenny Moise Op-Ed Contributor Across the globe, the number of migrants has risen in the recent years. This phenomenon is exacerbated by the growing poverty in regions like Sub-Saharan Africa and wars in others like […]

Addis Ababa and the Caribbean

Global financing and the Caribbean By George Nicholson and Rachael Robinson Op-Ed Contributors The issue of global financing for development is a critical theme in the international development agenda with the most recent United Nations (UN) meeting being the Third […]

The Latest Baha Mar Update

What’s next for troubled megaresort By the Caribbean Journal staff The Baha Mar saga has taken a major step forward with the appointment of a provisional liquidator by the Supreme Court of the Bahamas. The ruling by the court means […]

The Wider Context to Jamaica’s Big Media Merger

Local and Global Trends By Marcia Forbes, PhD CJ Contributor As promised, here is another look at the proposed RJR/Gleaner merger. This announcement comes against the backdrop of a media landscape that is constantly evolving globally, regionally and locally. Media […]

Bahamian Court Denies Baha Mar’s Request for US Bankruptcy Recognition

Snag for Baha Mar’s US bankruptcy filing By the Caribbean Journal staff Baha Mar, Ltd’s US bankruptcy just hit a snag. A Bahamian Judge denied Baha Mar’s request for recognition of its bankrtupcy filing in Delaware Federal Court. The ruling […]

The Baha Mar Battle Continues

The fight over the Baha Mar heats up By the Caribbean Journal staff The Battle for the $3.5 billion Baha Mar is getting hotter. It’s been a little more than three weeks since Baha Mar Ltd filed for Chapter 11 […]

Baha Mar Resort Project Files for Chapter 11 Bankruptcy

Above: the Baha Mar in Nassau By the Caribbean Journal staff The Caribbean’s largest resort project has hit a major hurdle. The $3.5 billion Nassau megaresort, which had already delayed its scheduled openings in December and March, has voluntarily filed […]

US Government Approves Ferry Service From Florida to Cuba

Above: Havana, Cuba By the Caribbean Journal staff In a major step, the United States has begun approving licenses for a number of ferry companies to operate services between the United States and Cuba. While a number of hurdles remain, from […]

Making Caribbean Business Better

By Paul Hay CJ Contributor “With the widening of the Panama Canal and construction of a second canal in Nicaragua, a significant increase in trade and investment can be expected in the Caribbean Basin. So, improving competitiveness of local firms […]

Bahamas Hosts Meeting of Caribbean Heads of Government

Above: the Melia Nassau Beach resort By the Caribbean Journal staff CARICOM’s Meeting of the Heads of State and Government launched in Nassau on Thursday morning. The Bahamas is hosting the meeting as the current chair of CARICOM. The summit, […]

Two Cuban Players Defect During Caribbean Series in San Juan

Above: shortstop Dainer Moreira By the Caribbean Journal staff Two players for Cuba’s Caribbean Series team have reportedly defected in Puerto Rico. The players are shortstop Dainer Moreira and pitcher Vladimir Gutierrez. Moreira was most recently with the Matanzas baseball club in […]

Cable and Wireless Pays $1.85 Billion for Columbus International

By the Caribbean Journal staff Regional Caribbean telecom giant Cable and Wireless has agreed to purchase Barbados-based Columbus International, another major telecom provider in the wider Latin American and Caribbean region. London-listed Cable & Wireless, which does the majority of […]

Fairmont Barbados Resort Sold

Above: the Fairmont Royal Pavilion Barbados Resort By Alexander Britell The Fairmont Royal Pavilion Barbados Resort has been sold, global real estate brokerage CBRE Hotels announced. The 72-room hotel had recently undergone an extensive renovation programme. It is located on […]

Jamaica Defence Force Spots Debris From Private Plane Crash

Above: what is believed to be wreckage from the crash (Photo: JDF) By the Caribbean Journal staff A Jamaica Defence Force search and rescue team has spotted and photographed what is believed to be debris from Friday’s small plane crash […]

LIAT CEO: How to Improve Caribbean Aviation in Six Steps

By David Evans Op-Ed Contributor BOTH THE history and the current reality of Caribbean aviation can be characterised by a consistent failure over the last 50 years to provide an efficient air transportation system that meets the needs of the […]

Op-Ed: Climate Change and Fighting Poverty in the Caribbean

By George Nicholson and Orissa Thomas Op-Ed Contributors TODAY, most people consider climate change to be a reality and not a myth. A result of this phenomenon, natural hazards have been identified as having crippling effects on many countries, particularly those […]

New Ferries For the US Virgin Islands

Above: the US Virgin Islands By the Caribbean Journal staff The US Virgin Islands will soon have new ferry service. Public Works Commissioner Darryl Smalls said the new service would traffic between Cruz Bay, St John and Red Hook, St […]

At Nassau’s Baha Mar Resort, The Art of Everything