Search Result for: business taxes

109 results found.

Jamaica, Macau Sign Tax Agreement

Above: Macau Tower By the Caribbean Journal staff Jamaica and Macau have signed an agreement on the exchange of information on tax matters, Finance Minister Dr Peter Phillips said Friday. The pact will strengthen administrative cooperation between the two countries, […]

Op-Ed: Money Laundering in Jamaica

By Ramesh Sujanani Op-Ed Contributor Jamaica recently welcomed a new head of the FID, an organization which has much to do with cash, currencies and their movement in Jamaica, along with maintaining a liaison with overseas administrators of similar programmes. […]

Jamaica Reports Tax Revenue Increase

Above: Jamaican Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica saw an 11 percent increase in tax revenues in June compared to the same period in 2011, according to Finance Minister Dr Peter Phillips. The Minister made […]

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 […]

Grenada Succeeds in Protecting Cash in US and Vacating Restraining Notices

By L Andrew S Riccio CJ Legal Contributor Grenada is an island nation better known for its beaches and diving than for petroleum production. But in 2004, RSM Production Corp., a US company, applied for a petroleum exploration license from […]

Op-Ed: A Watchdog for Jamaican Politics

By Dmitri Dawkins Op-Ed Contributor In every election, political parties make promises, seldom kept, to garner votes. Jamaica is no different. As a developing nation, Jamaica is highly indebted to foreign lenders, and in the last budget debate we were […]

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 […]

Op-Ed: Jamaica’s Debt Trap

By Kent Gammon Op-Ed Contributor The state of the Jamaican economy over successive administrations tells the story of Jamaica’s evolving debt trap. The distinction that should be appreciated amongst successive administrations is how well each managed (or perhaps more appropriately […]

St Lucia Modifies Fuel Price Policy

By the Caribbean Journal staff St Lucia’s government has adopt a modified version of its so-called Fuel Pass Through Pricing Mechanism. The new policy on fuel price allows for the retail price of fuel to be adjusted every three months […]

Op-Ed: How to Fix the Bahamas’ Economy

By Mark Turnquest Op-Ed Contributor After analyzing The Bahamas’ economic conditions for the past three years and reviewing international watchdog agencies’ (Moody’s, IFC/World Bank, Standard & Poor’s) reports, it is imperative that the public and private sectors focus on small […]

Op-Ed: The Five Pieces of Haiti’s Puzzle

By Joshua Paul, MD Op-Ed Contributor In the wake of Haiti’s devastating earthquake of January 2010, scores of NGOs, charities and disaster experts flocked to the country in a valiant effort to conquer the chaos. Former United States President Bill […]

Interview with Mary Anastasia O’Grady on US Policy in the Americas, China and Haiti

Above: Guatemala’s Otto Perez Molina, Haiti’s Michel Martelly and Venezuela’s Hugo Chavez By Alexander Britell This week, heads of state from around the region will gather in Cartagena, Colombia for the Sixth Summit of the Americas, on the theme of […]

Op-Ed: The Jamaica Manufacturers’ Association and CARICOM

By Ramesh Sujanani Op-Ed Contributor It was in the late 1960s that management called me in to attend a meeting at the Jamaica Manufacturers’ Association, at their then-new Duke Street headquarters in Kingston. I asked, “why me?” And I received […]

Grenada Unveils 2012 Budget Including Taiwan Debt Payment, Minister Pay Cuts

By Lincoln Depradine ST GEORGE’S – Government ministers in Grenada will take a 5 percent cut in pay starting next month, Finance Minister Nazim Burke has announced. He made the announcement Friday while presenting the country’s $378.9 million USD 2012 […]

Op-Ed: Why the Economy Is the Biggest Issue in Belize’s Elections

By Kay Menzies Op-Ed Contributor The voters of Belize will go to the polls next week to decide which party will form the next Government of Belize. Without a doubt, most voters will make their decisions based on, among other […]

“Puerto Rico Jobs Are American Jobs”

Above: Puerto Rico Resident Commissioner Pedro Pierluisi (Photo: RC) By the Caribbean Journal staff The United States’ budget for 2013 includes Puerto Rico in several tax proposals put forward to strengthen the economy and create jobs, following a push by […]

Caribbean Could Derive “Significant Revenue” from Artists like Rihanna

Above: Rihanna’s campaign for Armani By the Caribbean Journal staff Many Caribbean artists either reside abroad or have major supporting elements outside the region, and the Caribbean has forfeited “significant” potential revenue from these artists, like Barbados’ Rihanna, according to […]

A New Dawn for Haiti Tourism?

Above: Cayes-Jacmel (Photo: HTO) By Maura R. O’Connor CJ Contributor When Dominican business entrepreneur Frank Ranieri wanted to get involved in tourism in the 1970s, he crossed the border into Haiti to see how it was done. “[Haiti’s tourism] was […]

Interview with Turks and Caicos Chief Financial Officer Hugh McGarel-Groves

By Alexander Britell Turks and Caicos has embarked on a series of measures aimed at returning stability both to the country’s economy and the government’s financial position. Now, Chief Financial Officer Hugh McGarel-Groves is cautiously optimistic, predicting that the government’s […]

Interview with Gordon “Butch” Stewart

Above: Gordon “Butch” Stewart (Photo: CJ) By Alexander Britell Gordon “Butch” Stewart is one of Jamaica’s leading businessmen and a pioneer in the hospitality industry. Stewart is the chairman or owner of more than a dozen companies, including Sandals, Beaches […]

Irwin Stotzky: Haiti, Here We Go Again

Above: a girl stands in front of her home for persons displaced by the earthquake in Port-au-Prince. (UN Photo: Logan Abassi) By Irwin Stotzky Op-Ed Contributor The news from Haiti is grim. Nineteen months after the devastating earthquake, the future […]

In Jamaica, a New Tack on Tax

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica is looking to instill a culture of tax compliance in the country, in response to what Finance Minister Audley Shaw called an “unacceptably low” level of tax payments. “There are people who […]

Cayman to Create Technology District

By the Caribbean Journal staff Cayman Premier McKeeva Bush signed an agreement today with Cayman Enterprise City, Ltd in a deal that will give CEC the opportunity to build a special economic zone based on technology in Grand Cayman. “CEC […]

Jamaica, International Financial Centre?

Jamaica has strong potential as an international financial centre, according to Eric Crawford, chairman of the Jamaican International Financial Services Authority. “It’s a very high value-added industry everywhere it exists,” he said at the Diaspora Convention in Ocho Rios this […]

Director Chris Browne’s Quest to Bring Jamaican Film to the World

By Alexander Britell Despite a number of landmark films shot in Jamaica, from Dr. No, the first James Bond film (along with several other Bond films) to Legends of the Fall, the domestic Jamaican film industry is very much in […]

The Best Resorts in Cancun, According to Travel Agents