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1909 results found.

Jamaica, Chinese Firm Finalize Sugar Deal

The Jamaican government has completed the privatisation of the country’s sugar industry, signing a divestment agreement with state-owned Chinese company COMPLANT. Under the agreement, COMPLANT will acquire the Bernard Lodge, Frome and Monymusk lands for $9 million. “We know that […]

Jamaica, UAE Sign Airlift Agreement

The Jamaican government has signed an air services agreement with the United Arab Emirates, according to Information Minister Daryl Vaz. The deal was signed in the context of the country’s Open Skies policy, which was previously approved by the cabinet. […]

Blackberry to Supply Jamaican Teachers

Above: RIM’s headquarters in Canada The Jamaican Ministry of Education is partnering with Research in Motion to provide some 20,000 teachers on the island with Blackberry smartphones. “If we are ever to close the development divide, technology will be one […]

Jamaica to Expand Tech Sector

Jamaica’s government announced a plan to expand the country’s information and communications technology sector, along with its business process outsourcing industry, according to Industry, Investment and Commerce Minister Dr Christopher Tufton. “It is our position, as a government, that the […]

Dominica Floods Caused $6.6M in Damages, Destroyed Chinese Farm Project

Photo: DIS By the Caribbean Journal staff Flooding last week in Dominica caused approximately $6.6 million in damages to crops, infrastructure and homes, according to preliminary estimates. CARICOM expressed “deep concern and distress” over the flooding, which occurred in Layou […]

Interview with Jamaican Minister of Tourism Edmund Bartlett

By Alexander Britell As the Caribbean’s integral tourism industry has been hurt by the global financial downturn, countries in the region have been forced to looked to new markets and devise new initiatives to spur both new visitors and new […]

Jamaica-China Sugar Deal Sours: Report

Chinese firm COMPLANT, to whom the Jamaican government divested three state-owned sugar estates last year, is reportedly showing reservations over the deal. Cleveland Keddo, chairman of the Westmoreland and Hanover Cane Growers association, said the Chinese were not aware of […]

Jamaican Bananas Get a European Boost

Jamaican Deputy Governor-General Steadman Fuller is praising the support the European Union has given the Jamaican banana industry, calling it an important catalyst for economic activity in the agricultural sector. “The European Union-funded Banana Support Programme is an indication of […]

In Jamaica, a Row over Scrap Metal

Above: From left: Industry, Investment and Commerce State Minister, Hon. Michael Stern and Minister of Industry, Investment and Commerce, Dr Christopher Tufton (right), at his New Kingston offices, Tuesday. (JIS Photo) By the Caribbean Journal staff A controversy is growing […]

Improving Jamaican Manufacturing

Above: Minister of Industry Dr Christopher Tufton (JIS Photo) There still issues for the Jamaican government to adjust as it seeks to expand the country’s manufacturing sector, Minister of Industry, Investment and Commerce Dr Christopher Tufton said. “It’s a challenge, […]

IDB grants $35M for Haiti Electricity

Above: 70 percent of Haitians have no electricity (UN Photo: Marco Dormino) By the Caribbean Journal staff The Inter-American Development Bank announced it would be giving Haiti a $35 million grant to support the country’s electricity sector and the management […]

Dominica’s Irwin LaRocque Tapped as New CARICOM Secretary-General

Above: CARICOM Secretary-General Irwin Larocque By the Caribbean Journal staff Domincan native Irwin LaRocque has been named the new secretary-general of CARICOM, the single market announced today. LaRocque has served as assistant secretary-general for trade and economic integration at CARICOM […]

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 […]

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 […]

Jamaica’s Golding Removes Justice Minister Lightbourne from Cabinet

Above: Jamaican PM Bruce Golding and former Minister Dorothy Lightbourne (JIS photos) Jamaican Prime Minister Bruce Golding removed Sen. Dorothy Lightbourne from her post as Justice Minister today, replacing her with current House Speaker Delroy Chuck. Lightbourne was one of […]

Mark Jones and the Secret of Jamaica’s Unknown Market

Global Gateway Chairman Mark Jones, left, and Commerce Minister Karl Samuda What began with a single visit to Jamaica in 2007 for Mark Jones has turned into a group of investments employing 1,000 Jamaicans in real estate, financial services and […]

U.S. Senator: Haiti’s Political Climate Threatening Reconstruction Efforts

Political bickering is threatening Haiti’s attempts to rebuild from its devastating earthquake last year, U.S. Sen. Robert Menendez said yesterday. Menendez, referring to the rejection of President Michel Martelly’s candidate for prime minister, Daniel Rouzier. “I hope that the Haitian […]

Bahamas Telecom Extends Cable to Haiti

Above: an undersea cable Bahamas Telecom Company will be extending its U.S.-Caribbean cable to improve connectivity in Haiti. “We are going to make a significant investment into expanding the capacity of the Miami cable,” said BTC CEO Geoff Houston in […]

Jamaica’s Stern: Time for More Intra-Regional Trade

CARICOM must improve intra-regional trade if it is to address the problems stemming from the global downturn, Jamaican Minister for Industry, Investment and Commerce Michael Stern said yesterday at the University of the West Indies. “The reality is that we […]

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 […]

Cristina Savescu, World Bank Economist, on Caribbean Growth

By Alexander Britell Earlier this week, the World Bank released a report on growth prospects for Latin America and the Caribbean. That macro region had three distinct areas – Latin America itself, which is in the midst of an economic […]

REDjet to CARICOM: Time for New Approach to Regional Air Travel

REDjet CEO Ian Burns wrote a letter to CARICOM Secretary General Lolita Applewhaite urging a new approach to Caribbean air travel. According to the letter, which appeared in the Jamaica Observer, Burns cited a 2006 World Bank report on air […]

Caribbean Joint Action Plan Commits $960 Million in First Year

The European Investment Bank By the Caribbean Journal staff The Caribbean Joint Action Plan, a collaboration between six leading development banks aimed at bringing the Caribbean out of the downturn, has totaled more than $960 million in commitments to private […]

Jamaica to Enter Medical Tourism Market

Reginald Budhan, permanent secretary of the Ministry of Industry, Investment and Commerce Jamaica intends to enter the multibillion-dollar medical tourism market, although at this time it lacks the required facilities to do so. One investor, however, the Hospiten Group, is […]

Plans for $1 Billion in Chinese Funding for Caribbean

Eximbank China’s Export-Import Bank has plans to launch a $1 billion fund to invest in Latin America and the Caribbean, following several years of significant spending in the region. In 2009, China invested $7 billion in the region through private […]

OBMI’s Tim Peck Talks Scrub Island and Luxury Development

Tim Peck is the chairman of design firm OBMI and is the company’s former CEO for the Caribbean region. OBMI has long been a major player in the region, in master planning, resort design and development consulting. Peck, who makes […]

Barbados Chamber of Commerce Signs Agreement with Prince Edward Island

Andy Armstrong, president of the Barbados Chamber of Commerce Following the Bahamas’ lead in looking to Canada for investment opportunity, the Barbados Chamber of Commerce and Industry signed a Memorandum of Understanding yesterday with the Chamber of Commerce of the […]

Garfield Barnwell: Region Needs to Improve Green Development

Solar panels in Andros, Bahamas By the Caribbean Journal Staff Greater levels of investment are vital if the Caribbean is serious about sustainable development, CARICOM Director of Sustainable Development Garfield Barnwell said last week in Suriname at the opening of […]

A New Way to Fly to Abaco in The Bahamas