Search Result for: gross

138 results found.

Op-Ed: Jamaica’s Construction Industry

By Paul Hay Op-Ed Contributor In 2008, Dean Burrowes recorded his analysis of the global recession in “The Jamaican Construction and Real Estate Industry and the Impact of the Global Economic Crisis.” He noted that the bankruptcy of major US […]

US Virgin Islands Governor Pledges “Leanest Possible Budget”

Above: Governor John de Jongh at a community meeting last week in St Croix (Photo: OG) By the Caribbean Journal staff Governor John de Jongh has submitted the US Virgin Islands’ budget for fiscal year 2013, promising that his administration […]

Rio+20 Conference Nets Pledges of $513 Billion for Sustainable Development

Above: Sha Zukang (UN Photo/Maria Elisa Franco) By the Caribbean Journal staff A total of nearly $513 billion was pledged by governments at this week’s Rio+20 conference on sustainable development in Rio. “From the very beginning, we have said that […]

Op-Ed: Sustainable Green Growth in Latin America and the Caribbean

By Hasan Tuluy Op-Ed Contributor Economic and social development has emerged as the twin pillars of Latin America and the Caribbean’s strategy to create a more equitable, modern society. After decades of struggling to find the right balance between growth […]

Forbes: Media Freedom in Jamaica

By Marcia Forbes, PhD CJ Contributor Media Freedom in Jamaica can be examined from the point of view of the consumers — that is — the reader, the listener, the viewer, or, from the point of view of the content […]

Haiti’s Economy to Grow 7.8 Percent, Lead Caribbean in 2012: IMF Report

Above: Jacmel (Photo: Capponi Group) By the Caribbean Journal staff Haiti’s Gross Domestic Product is projected to grow by 7.8 percent in 2012, according to the recently-released World Economic Outlook from the International Monetary Fund. Haiti’s projected growth comes after […]

St Lucia Holds Discussions on Draft of New Electronic Communications Bill

By the Caribbean Journal staff St Lucia recently held a two-day consultation on the draft of a new Electronic Communications Bill. According to Information and Broadcasting Minister Senator James Fletcher, the telecommunications sector in the Caribbean counts for at least […]

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 […]

British Virgin Islands to Begin Survey to Determine Economic Performance

By the Caribbean Journal staff The British Virgin Islands’ Development Planning Unit will begin conducting its annual National Accounts Survey to determine the economic performance of various sectors in the economy on March 20. The survey is focused on obtaining […]

After HOVENSA Closure, US Virgin Islands Governor Seeks Federal Assistance

Above: USVI Governor John de Jongh, Jr speaks with Interior Secretary Ken Salazar and Assistant Secretary Anthony Babauta before a meeting in Washington (Photo: OG) By the Caribbean Journal staff US Virgin Islands Governor John de Jongh is seeking federal […]

Bermuda GDP Falls Again in 2011, But Tourism Industry a Bright Spot

Above: Bermuda (Photo: BT) By the Caribbean Journal staff Bermuda’s economy contracted by an estimated rate of between 1.5 and 2.5 percent in 2011, following a 1.9 percent decline in 2010, according to the National Economic Report of Bermuda 2011 […]

Canadian Firm Sagres to Continue Offshore Oil Exploration in Jamaica

Above: An offshore rig By the Caribbean Journal staff Canadian firm Sagres Energy has received an extension on its licences in Jamaica, continuing the firm’s exploration according to three production-sharing agreements with the Petroleum Corporation of Jamaica. The three agreements […]

Barbados Mulls Agriculture Overhaul

By the Caribbean Journal staff An overhaul to Barbados’ agriculture sector is long overdue, according to prominent agriculturalist Dr Chelston Brathwaite. Brathwaite said Barbados is still operating a model inherited from the pre-independence period. “That model has run its course,” […]

Op-Ed: Challenges Ahead for Jamaica

Above: Jamaica House By Garnett Ankle Op-Ed Contributor In Jamaica, whenever a new prime minister is inaugurated, it always gives me a sense of hope for the future of the island nation. The return to office of Portia Simpson Miller […]

Barbados: “We Will Not Roll Over and Play Dead” in Economic Recession

Above: Finance Minister Chris Sinckler By the Caribbean Journal staff Barbados will not “roll over and play dead” during the current economic recession, according to Finance Minister Chris Sinckler. “That’s not the stance this government has, or will ever take, […]

Marcia Forbes: Jamaica Votes 2011 and the Women Who Ran

Above: MPs Sharon Ffolkes-Abrahams, Shahine Robinson and Denise Daley By Marcia Forbes, PhD CJ Contributor In the recently-concluded December 2011 national elections the two major political parties in Jamaica, the People’s National Party (PNP) and the Jamaica Labour Party (JLP), […]

Kent Gammon: What Are the Priorities of the New Jamaican Government?

By Kent Gammon Op-Ed Contributor The Peoples’ National Party led by the Hon. Portia Simpson-Miller, was handsomely rewarded by the Jamaican people in the country’s 16th general election, taking 42 of the 63 seats in the House of Parliament. The […]

Regional Outlook: Preparing for the Worst, Hoping for the Best

By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]

Bank of Jamaica: $1.6 Billion in Reserves

Above: BOJ Governor Brian Wynter The level of net international reserves at the Bank of Jamaica stood at $1.96 billion at the end of last month, according to recently released data. The figure marks a $70 million drop from the […]

New Board of Directors for BVI Tourism

Above: Scrub Island in BVI By the Caribbean Journal staff The British Virgin Islands has appointed a new Board of Directors for its BVI Tourist Board, according to Premier Dr Orlando Smith. The board was appointed with the approval of […]

Op-Ed: Canadian Sen. Don Meredith on the Canada-CARICOM Free Trade Deal

By Hon. Dr Don Meredith, Senator Op-Ed Contributor Canada and CARICOM are on the verge of forging new economic ties through a timely and well-needed free trade agreement. As a Jamaican who immigrated to Canada and is now serving in […]

Grenada Seeks Private Sector Backing for Tourism Industry

By the Caribbean Journal staff The banking industry and other members of the private sector in Grenada are being urged to provide more financial support in the development of tourism in Grenada, Carriacou and Petite Martinique. The support is especially […]

Barbados, Copa Airlines Meet in Panama

Following news that Barbados and Panama were “on the verge” of an airlift agreement, Barbados Minister of Tourism Richard Sealy held “extensive” talks with COPA Airlines CEO Pedro Heilbron this week in Panama. After emerging from the talks, Sealy said […]

Jamaica Names New Attorney General

After some delay, Jamaican Prime Minister has named attorney Ransford Braham the country’s new attorney general. Braham was a partner at law firm Livingston, Alexander and Levy’s litigation department, where his practice included work in the Court of Appeal and […]

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 […]

World Bank: Jamaican Crime Reduction Could Mean 5 percent Increase in Growth

If Jamaica can reduce its crime rate to the level of Costa Rica, it could see a 5.4 percent increase in gross domestic product, according to the World Bank’s World Development Report for 2011. “Indirect costs — associated with stress […]

Jamaica’s Cruise Industry Is Growing, Buoyed by Royal Caribbean and Disney