Search Result for: caribbean growth

2261 results found.

Jamaica Gets PetroCaribe Grant for JEEP

Above: Jamaican Prime Minister Portia Simpson Miller and Works Minister Dr Omar Davies at a JEEP project site earlier this year (JIS Photo) By the Caribbean Journal staff Jamaica has received an $11.5 million USD grant from the PetroCaribe Fund […]

Montserrat Reforms Import Tax Rates

By the Caribbean Journal staff Montserrat will introduce measures to simplify and rationalize the island’s import tax rates next month, according to Frank Ferguson, director general of the Montserrat Revenue Services. The revisions will cause changes to be made to […]

St Lucia, Grenada and St Vincent to Receive Broadband Improvements

By the Caribbean Journal staff St Lucia, Grenada and St Vincent and the Grenadines will be part of the first phase of a 10-year Information and Communication Technology programme funded by the World Bank. The Caribbean Regional Communications Infrastructure Programme […]

Op-Ed: Jamaica, Greece and Putting the People Before the Creditors

By Jake Johnston Op-Ed Contributor Jamaica is barely emerging from its worst economic downturn in the last 30 years. Even after positive growth returned in 2011, the economy remains 3 percent below its 2007 level, and with anaemic growth projected […]

Former HOVENSA Workers in US Virgin Islands Get $7.8 Million Federal Grant

Above: the HOVENSA refinery By the Caribbean Journal staff The US Virgin Islands will be receiving a $7.84 million National Emergency Grant from the US Department of Labour to assist more than 1,200 workers impacted by the closure of the […]

US Virgin Islands Delegate, Senator Menendez in Row over Diageo Deal

Above: US Virgin Islands Delegate Donna Christensen and New Jersey Senator Robert Menendez By the Caribbean Journal staff US Virgin Islands Delegate Donna Christensen said she was “dismayed” that Senator Robert Menendez (D-NJ) used a hearing of the Senate Finance […]

Guyana President: Poverty, Inequality Threaten Democracy and Security

Above: Guyana President Donald Ramotar (OAS Photo/Juan Manuel Herrera) By the Caribbean Journal staff Governments must do more to “reduce poverty and inequality,” because “they pose the greatest threat to democracy and security in the region,” according to Guyana President […]

Puerto Rico Launches Plan to Improve Broadband Internet Access

By the Caribbean Journal staff Puerto Rico is looking to expand access to broadband internet across the island, according to a new plan by the Puerto Rico Broadband Task Force. The initiative, unveiled by Governor Luis Fortuño, seeks to widen […]

St Kitts and Nevis Identifies Yachting Industry as Key Tourism Component

Above: Christophe Harbour By the Caribbean Journal staff The government of St Kitts and Nevis has identified yachting as a potential growth area and one that could change “dramatically” in the next few years, according to Tourism Minister Richard Skerritt. […]

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 […]

Haiti Inaugurates New National Pension Fund Headquarters in Petionville

Above: Haiti President Michel Martelly By the Caribbean Journal staff Haitian President Michel Martelly has inaugurated the new office of the country’s National Old Age Insurance office, the country’s national pension fund, in Petionville. “This is another victory for the […]

Jamaica’s Debt Interest Payments Were World’s Highest in 2011: Report

Above: Kingston By the Caribbean Journal staff Jamaica’s “unsustainable public debt burden” continues to displace needed investments, preventing long-term growth, according to a new paper from the Center for Economic and Policy Research. In 2011, Jamaica had the highest debt […]

Barbados “Must Encourage Innovation”

By the Caribbean Journal staff With the world increasingly moving toward the application of knowledge as a major component of economic activity, Barbados “must endeavour to put policies and strategies in place to encourage innovation,” according to Trade Minister Senator […]

Haiti’s Young Entrepreneurs Hold Talks With OAS in Washington

Above: the Haitian business delegation (Photo: OAS) By the Caribbean Journal staff A group of young Haitian businessmen traveled to Washington this week to hold talks with Albert Ramdin, Assistant Secretary General of the Organization of American States. The delegation […]

Montserrat Premier Signs Memorandum With UK on Government Reforms

Above: signing the MoU (Photo: GIS) By the Caribbean Journal staff Montserrat Premier Reuben Meade has signed a Memorandum of Understanding with the United Kingdom’s Department for International Development outlining a series of governmental reforms the territory must undertake to […]

Antigua Hosting World Bank Team

By the Caribbean Journal staff Antigua’s Ministry of Finance is hosting a team from the World Bank this week to review the suitability of the so-called “4-3-2 Framework” for Antigua and Barbuda. The framework, which was jointly developed by the […]

Montserrat Continues Artificial Reef Project to Strengthen Marine Ecosystem

Above: one of the reef units (Photo: GIS) By the Caribbean Journal staff Montserrat is into its second phase on a project building artificial reefs. The Montserrat Reef Project, which was initiated by Scuba Montserrat’s Andrew Myers and Emmy Aston, […]

Op-Ed: The Bahamian Election and the Importance of Small Business

By Mark A Turnquest Op-Ed Contributor Small and Medium Sized Enterprise (SME) owners must carefully review all political parties’ platforms for the upcoming May 7, 2012 general election in the Bahamas. SME owners must determine which political party best articulates […]

Op-Ed: Trinidad Falls Short of Leadership Potential on CCJ Decision

By Michael W Edghill Op-Ed Contributor This week, Trinidad and Tobago Prime Minister Kamla Persad-Bissessar announced that the Partnership government of Trinidad would move forward on a plan to abolish the appellate jurisdiction of the London-based Privy Council. It was […]

Trinidad and Tobago Showing Signs of Economic Recovery: IMF

By the Caribbean Journal staff Trinidad and Tobago’s economy is turning the corner, with growth expected to resume in 2012, according to the International Monetary Fund. The fund recently concluded its Article IV Consultation discussions with Trinidad. After contraction of […]

Guyana Begins Work on $12.3 Million Water Supply Project in Linden

Above: Linden By the Caribbean Journal staff Guyana has begun work on the $12.3 million Linden Water Supply and Rehabilitation Programme, a project funded through an Inter-American Development Bank Loan. According to Programme Manager Omar Bissoon, the large-scale rehabilitation works […]

Jamaica Looks to Tackle Lotto Scam

Above: Minister of State Julian Jay Robinson By the Caribbean Journal staff Jamaica’s government is drafting legislation and setting up an inter-ministerial task force aimed at curb a multi-million-dollar lottery scam in Jamaica. The new drive has been motivated by […]

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 […]

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 […]

Op-Ed: The Roots of Jamaica’s Brain Drain

By Javed Jaghai Op-Ed Contributor During a speech at Hillel Academy on March 20, Jamaican Minister of Youth and Culture Lisa Hanna, admonished students to resist the urge to migrate to more developed countries. I was amused by the request […]

Dominican Republic Economy Projected to Grow 4.5 Percent: Central Bank

Above: Central Bank Governor Hector Valdez Albizu (Photo: CIG) By the Caribbean Journal staff Given the behaviour of the Dominican Republic’s economy in the first quarter, the country’s economy is projected to grow 4.5 percent by the end of 2012, […]

El Salvador Signs Agreement to Host 34th Session of ECLAC in August

Above: ECLAC’s headquarters in Santiago (Photo: ECLAC) By the Caribbean Journal staff The United Nations Economic Commission for Latin America and the Caribbean will host its 34th Session in San Salvador, El Salvador in August, following an agreement signed Tuesday. […]

Dominican Republic Developing Community-Based Tourism Plan

By the Caribbean Journal staff The Dominican Republic’s Ministry of Tourism is developing a “National Community Tourism Plan” to improve growth in the sector. The announcement of the plan, which was made in San Juan de la Maguana, was made […]

From Montego Bay to Ochi, Why to Visit a Sandals in Jamaica Right Now