Search Result for: business confidence
120 results found.
New $100 Million Hotel Project Coming to Turks and Caicos Islands
Above: a rendering of the Third Turtle Resort and Marina By the Caribbean Journal staff A $100 million hotel project is coming to the Turks and Caicos Islands. The development agreement for the “Third Turtle Resort and Marina,” which would […]
Nassau’s Atlantis Resort to Join Marriott’s Autograph Collection
Above: the Atlantis resort in the Bahamas (Caribbean Journal photo) By the Caribbean Journal staff The 3,400-room Atlantis Resort on Paradise Island in the Bahamas will soon join Marriott’s Autograph Collection, Marriott International announced Wednesday. The property will join a […]
Understanding the Path to Jamaica’s Development, Part 1
By Dennis Chung CJ Contributor ALMOST daily I get questions on what will happen to the Jamaican economy and whether or not we are moving in the right direction. Or sometimes, get a comment that my expressed cautious optimism is […]
Op-Ed: Why Companies Should Invest in the Caribbean Workforce
By Kimberly Frank Op-Ed Contributor Governments need to take an active role in inviting industry to invest in their countries. In this article, I argue that Caribbean countries should work together to promote their pre-existing dual education system and create […]
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 […]
Discipline and Development in Jamaica
By Dennis Chung CJ Contributor LAST Wednesday I was driving to work when I saw a man throw an orange peel and another item on the road. The confidence with which he seemed to do it implied that he thought […]
Transforming Productivity in Jamaica
By Dennis Chung CJ Contributor LAST WEEK I referred to what I think is Jamaica’s biggest risk (that of the unproductive human resources) and also addressed my belief that the economic programme is on the right track, given the accomplishments […]
Recipe For a Caribbean Thanksgiving
By Nigel Spence CJ Contributor MY FIRST experience of Thanksgiving in the United States after migrating from Jamaica as a boy was at my family’s home in Mount Vernon, NY. Not quite familiar with all the particulars of this holiday other than the musings […]
IMF Approves Disbursement of $30.6 Million to Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $30.6 million disbursement to Jamaica. The move follows the completion of its first review of the country’s performance under an economic programme […]
Op-Ed: How to Fix LIAT
By Robert MacLellan Op-Ed Contributor SOME MIGHT believe that, for the second time in only three years, Captain Ian Brunton has been made a scapegoat by the board of directors of a Caribbean airline company – fired as CEO of […]
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 […]
Haiti Marriott Project Receiving $26.5 Million in Financing From IFC
Above: a rendering of the hotel By the Caribbean Journal staff The Marriott hotel project in Haiti’s Port-au-Prince is receiving $26.5 million in financing from the IFC. Turgeau Developments SA, which is sponsored by Digicel, will be receiving the funding […]
Op-Ed: How to Contain Jamaican Crime
By Kent Gammon Op-Ed Contributor THE MURDER RATE per 100,000 is 41 in Jamaica, making it one of the most murderous countries in the world. With its economy heavily dependent on tourism, crime is not a variable it can afford. […]
First IMF Funds on Way to Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff The first tranche of $207 million under Jamaica’s agreement with the International Monetary Fund was slated to be deposited into Jamaica’s account on Friday. Confirmation of the funding was revealed by […]
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 […]
Kerzner International Completes $145 Million Debt Refinancing
Above: the Atlantis on Paradise Island By the Caribbean Journal staff Kerzner International has completed the refinancing of $145 million of the company’s debt, it announced this week. The company, which operates properties including the One & Only Ocean Club […]
Cyprus and Jamaica
By Dennis Chung CJ Contributor PROBABLY THE MOST senseless decision I have ever seen in my lifetime, was the decision by the Cyprus government and European Union to impose a levy of up to ten per cent on bank deposits. […]
Turks and Caicos Premier Asks UK to Recall Governor, Attorney General
Above: Turks and Caicos Premier Rufus Ewing By Alexander Britell Turks and Caicos Premier Dr Rufus Ewing has asked the United Kingdom to recall Governor Ric Todd, Attorney General Huw Shepheard and CFO Hugh McGarel Groves from office. In a […]
Christophe Harbour, Apex Capital Partners to Develop Ocean Grove Project in St Kitts
Above: a rendering of the Ocean Grove project By the Caribbean Journal staff St Kitts’ Christophe Harbour luxury development continues to grow. The latest project is the Ocean Grove residential development, the product of a joint venture agreement between the […]
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 […]
MIF to Assume Responsibility for Clinton Bush Haiti Fund Portfolio
Above: operations at Project MediShare, which received grants from the Clinton Bush Haiti Fund (Photo: CBHF) By Alexander Britell The Multilateral Investment Fund will be assuming responsibility for the portfolio of the Clinton Bush Haiti Fund, which is scheduled to […]
Haiti: Digicel, Marriott Break Ground on Port-au-Prince Hotel Project
Above: a rendering of Marriott’s Haiti hotel project By Alexander Britell Marriott and Digicel broke ground on their new Haiti hotel project Wednesday morning. The 175-room hotel is a partnership between the hotel company and the telecom giant. “We saw […]
Taiwan to Help St Lucia in Fight Against Black Sigatoka Disease
Above: a banana plant (CJ Photo) By the Caribbean Journal staff St Lucia is finding help as it works to combat the increasing problem of the black sigatoka banana plant disease. Taiwan has announced a donation of just under $700,000 […]
Talking Caribbean Real Estate With Coldwell Banker’s Jim Reed
Above: the “Happy Ours” home on Harbour Island in the Bahamas (Listing: Coldwell Banker) While the Caribbean real estate market was impacted by the recession, it is beginning to show signs of growth. And at the centre of the regional […]
Trinidad at 50: Prime Minister Kamla Persad-Bissessar’s Independence Address
Above: Trinidad Prime Minister Kamla Persad-Bissessar (Photo: OPM Trinidad) Trinidad and Tobago marked the 50th anniversary of its independence Friday. The country achieved its independence from the Great Britain on Aug. 31, 1962. The following is the text of Trinidad […]
Haiti PM: Country Needs Environment “Conducive to Private Investment”
Above: the new power plant in Caracol By the Caribbean Journal staff Haiti seeks to become an “emerging” economy within two decades, and the government needs to create the business environment to allow that to happen, according to Prime Minister […]
IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”
Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]
Bahamas Elects Sharon Wilson as Senate President for Second Time
Above: Senator Sharon Wilson is sworn in as Senate President by Christine Brown of the Cabinet Office (BIS Photo/Parick Hanna) By the Caribbean Journal staff Attorney Sharon Wilson has been elected President of the Bahamian Senate, the first time a […]
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