Search Result for: state assets
129 results found.
In Miami’s Backyard, Developers Position Bimini as International Destination
Above: the infinity pool at the Bimini Bay Resort (CJ Photo) BIMINI – Just 50 miles from Miami, the island of Bimini in the Bahamas has always had a certain magnetism – drawing everyone from Adam Clayton Powell, Jr to […]
Jamaica Plans “Major” Crime Reduction
Above: National Security Minister Peter Bunting (JIS Photo) By the Caribbean Journal staff A “major” reduction in crime is a “strategic objective” of the Jamaican government, according to National Security Minister Peter Bunting. The Minister, who said tackling crime was […]
US Private Equity Firm Buys Controlling Stake in Largest Jamaican Fuel Retailer
Above: Cool Corp is the Jamaica licensee for Shell (Photo: Shell) By the Caribbean Journal staff United States private equity firm Blue Equity has purchased a controlling interest in Cool Petroleum, the largest fuel retailer in Jamaica, according to a […]
The Caribbean in 2012
What’s in store for the Caribbean in 2012? In our Year in Review, we looked at the big stories of 2011, from the continued influence of China to the growth of green energy in the region. To find out more […]
The Caribbean Year in Review
For the Caribbean, it was the Year of the Vote. By year’s end, five countries, Jamaica, Guyana, St Lucia and Haiti and the British Virgin Islands, will have chosen new leadership, with Jamaicans headed to the polls on Thursday. It […]
Op-Ed: Jamaica at a Crossroads
By Kent Gammon Op-Ed Contributor The Jamaican people will decide their fate on the Dec. 29 in the country’s 16th general election. They face a major crossroads: go with the Jamaica Labour Party (JLP) which will mean austerity measures due […]
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 […]
Bahamas’ Atlantis, Ocean Club Resorts Change Hands after Restructuring Deal
By the Caribbean Journal staff Brookfield Asset Management will assume Kerzner International’s ownership interests in the Atlantis Paradise Island resort, along with the interest in the One&Only Ocean Club resort, which is also on the country’s Paradise Island. Kerzner has […]
US Attorney General Arrives in Trinidad
Above: Trinidad PM Kamla Persad-Bissessar and US Attorney General Eric Holder (Photo: OPM Trinidad) By the Caribbean Journal staff United States Attorney General Eric Holder arrived in Trinidad to attend the Third Meeting of Ministers Responsible for Public Security in […]
Interview with Clinton Bush Haiti Fund CEO Gary Edson
Above: Employees at an atelier in Port-au-Prince (Photo: CBHF) By Alexander Britell Soon after the devastating earthquake in Haiti, former US Presidents Bill Clinton and George W Bush, at the behest of President Barack Obama, founded a fund aimed at […]
Op-Ed: Royann Dean on Building a Creative Economy in the Caribbean
Above: the Cayman Enterprise City project By Royann Dean Throughout election season in the region, we will inevitably hear talk about sustainable development. Sustainable is commonly synonymous with ‘environmental’ but also includes economic sustainability. Creativity is not likely to be […]
Tim Peck: For a Sustainable Tourism Model, Look to Antigua
Above: Carlisle Bay, Antigua By Tim Peck The Caribbean tourism industry waits with bated breath for the announcement of the OECS Common Tourism Policy on October 1. As the first policy of its kind for our region, a tourism blueprint […]
Inside David Smith’s OLINT Sentence
By Robert Di Pano United States authorities are now seeking restitution and asset forfeiture from failed OLINT Ponzi schemer David Smith after his 30-year prison sentence for wire fraud and money laundering was announced Aug. 11. US Federal District Court […]
China Investing $156M in Jamaican Sugar
Above: the Chinese embassy in Jamaica COMPLANT, the state-owned Chinese company which acquired the state-owned assets of Jamaica’s sugar industry, is rolling out $156 million to invest in the renovation of three factories and sugar cane fields over the next […]
Op-Ed: OBMI’s Tim Peck on How to Improve the Caribbean Hotel Market
By Tim Peck Despite challenges the Caribbean has faced in the past few years, the future for the industry shows great potential. The prudent hotel owner should now be focusing on repositioning their property to preserve their asset and prepare […]
Cayman, IRS Meet on U.S. Foreign Tax Compliance Statute
Cayman Premier McKeeva Bush Cayman Islands Premier McKeeva Bush led a Cayman delegation to meet with the United States Internal Revenue Service’s Deputy Commissioner, Michael Danilack, along with other senior officials to discuss implementation of the Foreign Account Tax Compliance […]
Minister Vincent Vanderpool-Wallace on Bahamian Tourism, Part 2
By Alexander Britell Earlier this month, we talked to Bahamas Minister of Tourism and Aviation Vincent Vanderpool-Wallace about what trends he had seen in the past few years for Bahamian tourism. We followed up with Minister Vanderpool-Wallace to find out […]
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