Search Result for: financial support

279 results found.

New Director for Haiti Hotel School

Above: new Ecole Hôtelière d’Haïti Director Sandra Tanis (left) (Photo: MT Haiti) By the Caribbean Journal staff The Haiti Hotel School (l’Ecole Hôtelière d’Haïti) has a new director, Sandra Tanis. The school, which relaunched at the end of 2011, is […]

IMF: Bahamian Economy Recovering at “Painfully Slow Pace”

Above: the Bahamas By the Caribbean Journal staff The economy of the Bahamas is recovering from the effects of the global financial crisis, but at a “painfully slow pace,” according to the International Monetary Fund, which recently concluded its Article […]

Can Haiti Close Its Tent Camps By 2015?

Above: a tent camp in Haiti following the earthquake(UN Photo) By the Caribbean Journal staff Can Haiti close its tent camps by next year? The International Organization for Migration says it’s possible. The number of people in Haiti displaced by […]

Anguilla’s Economy Rebounds in 2013

Above: Anguilla By the Caribbean Journal staff After a difficult 2012, the economy of Anguilla appears to be moving toward recovery. The island’s economy is projected to grow this year by about 0.93 percent, following a contraction of more than […]

Haiti Aviation Suspends Flights

Above: a Haiti Aviation plane By the Caribbean Journal staff Startup air carrier Haiti Aviation has suspended its flights “until further notice,” the company said in a statement on Friday. The North Miami-based company said it had had to deal […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

Top Cayman Law Firms to Merge

Above: Grand Cayman By the Caribbean Journal staff Cayman Islands law firms Travers Thorp Alberga and Paget-Brown have announced that they will be merging. The two financial services-focused firms will continue as Travers Thorp Alberga, with Ian Paget-Brown, QC assuming […]

IMF: Barbados Faces “Considerable Economic Challenges”

Above: Barbados (CJ Photo) By the Caribbean Journal staff Barbados continues to face “considerable economic challenges,” according to the International Monetary Fund. The fund recently concluded 10 days of discussions with Barbados for the 2013 Article IV consultation, led by […]

Jamaican House Passes Anti-Ponzi Scheme Legislation

Above: Jamaica’s Parliament By the Caribbean Journal staff Jamaica’s House of Representatives passed new legislation this week aimed at combating the creation of Ponzi or pyramid schemes. The Securities (Amendment) Act will enhance regulation of the securities industry by Jamaica’s […]

Should Haiti Host the World Cup?

By Ilio Durandis CJ Contributor IMAGINE the tiny country of Haiti as host to one of the world’s biggest events: the World Cup. For now, it may all seem like fiction; however, if Haiti wants to be an emerging country […]

Cayman Islands, United Kingdom Sign “FATCA-Type” Agreement

Above: UK and Cayman Islands officials (Photo: Ministry of Financial Services) By the Caribbean Journal staff The Cayman Islands and the United Kingdom signed what the former called a “FATCA-type” agreement on Tuesday. The agreement paves the way for Cayman […]

British Virgin Islands Names Director For Hong Kong Office

Above: Hong Kong By the Caribbean Journal staff The British Virgin Islands has appointed Elise Donovan as director of the BVI House Asia, the territory’s regional office in Hong Kong. Donovan, who will take over for interim director Lorna Smith, […]

Is Jamaica on the Right Track?

By Dennis Chung CJ Contributor OVER the past few weeks, I have been approached by many persons who ask the questions: What is happening to the economy? Is Jamaica headed in the right direction? Is it time for me to […]

Interview With New Anguilla Governor Christina Scott

Above: Governor Christine Scott By Alexander Britell Christina Scott began her appointment as Anguilla’s 12th Governor over the summer, succeeding Alistair Harrison as the United Kingdom’s top official on the island. She came to the British Overseas Territory following a […]

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 […]

Jamaica’s Richard Azan Resigns Following Report By Contractor General

Above: Parliament By the Caribbean Journal staff Richard Azan, Jamaican Minister of State in the Ministry of Transport, Works and Housing announced his resignation from the Cabinet on Friday. Azan’s move came after a report by the Contractor General earlier […]

Bahamas to Host Caribbean Economic Policy Forum

Above: the Atlantis Resort By the Caribbean Journal staff The second annual Caribbean Economic Policy Forum will be hosted at the Atlantis Resort on Paradise Island in the Bahamas next week. The conference, which takes place Sept. 19-20, is being […]

Who Will Lead Caribbean Transformation?

By Zhivargo Laing CJ Contributor Dr Shelton Nicholls, former deputy director of the Central Bank of Trinidad and Tobago, was right when he said Caribbean countries needed to ensure economic growth strategies address the current challenges as well as take […]

New CEO for West Caicos Resort Project

Above: West Caicos By the Caribbean Journal staff Apex Development has named a new chief executive officer for the resort hotel development on West Caicos in the Turks and Caicos Islands. Apex, which is the development manager of the project, […]

Antigua and Barbuda Opens Citizenship By Investment Unit

Above: Antigua’s Parliament By the Caribbean Journal staff Antigua and Barbuda’s government has officially opened its new Citizenship Investment Unit. The unit, which will be led by Canadian Don Myatt, will be housed in the ABI Financial Centre. It will […]

CARICOM Eyes Increased Funding From Development Partners

Above: CARICOM Headquarters in Guyana By the Caribbean Journal staff CARICOM has put forward a case for increased funding from its international development partners, the organization said. The goal is to “ensure that the Community’s positions are reflected in ongoing […]

Dennis Chung: Private Sector Growth and Jamaican Development

By Dennis Chung CJ Contributor LAST week I wrote about what the pillars of growth are. Today I want to answer a question, often asked in a roundabout way, by persons who say that the private sector has not done […]

Interview with Hyatt Regency Trinidad General Manager Russell George

Above: the Hyatt Regency Trinidad (CJ Photo) By Alexander Britell It was not a coincidence that United States Vice President Joe Biden and Chinese President Xi Jinping both visited Port of Spain within a seven-day period at the end of […]

LIAT Shareholders Getting $65 Million Loan to Modernize Fleet

Above: a new LIAT plane By the Caribbean Journal staff Four shareholder governments of Caribbean air carrier LIAT will be receiving a total of $65 million in loans from the Caribbean Development Bank to support the purchase of new aircraft […]

Dominica, CARICOM Development Fund Sign Loan Agreement

Above: Dominica (CJ Photo) By the Caribbean Journal staff Dominica has signed a loan agreement with the CARICOM Development Fund. The agreement was signed on Tuesday, covering financial investments for job creation and agricultural export, according to a government statement. […]

Will Venezuela Invest in LIAT?

Above: a LIAT plane By the Caribbean Journal staff Venezuela has expressed an interest in investing in regional air carrier LIAT, according to Dominica Prime Minister Roosevelt Skerrit. The Prime Minister revealed the interest during a press conference this week […]

The Future of PetroCaribe

By Michael W Edghill CJ Contributor At the end of June, leaders from around the Caribbean region met in Nicaragua for the 8th PetroCaribe Summit. Created with the largesse of Hugo Chavez, the cornerstone of PetroCaribe has been the discounted […]

Jamaica “Confident” on Passing First International Monetary Fund Test

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is “confident” that it will pass the first quarterly test under its Extended Fund Facility Agreement with the International Monetary Fund, according to Minister Horace Dalley. The country’s first quarterly […]

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