Search Result for: managing

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 company release. Cool Petroleum is the licensed user of Shell brands in Jamaica, and the […]

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 about next year, Caribbean Journal talked to a range of experts, analysts and observers across […]

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 rates of 8 to 10 percent— so fast in fact that early this year economists […]

By Alexander Britell Dr Saphire Longmore is the Jamaica Labour Party candidate for Eastern St Andrew in the upcoming election in the country Dec. 29. Longmore, who recently completed her MD in psychiatry, is also a former Miss Jamaica Universe and one of a new generation of young Jamaicans entering the political scene. She’s also […]

By the Caribbean Journal staff Rum company Tortuga has united its operations across the Caribbean, consolidating affiliates in Cayman, Jamaica, Barbados and Florida. The founders of Miami-based Tortuga Imports will lead the company, now called Tortuga International, with Marcus Simmonds as CEO and Monique Hamaty-Simmonds Chief Marketing Officer for Tortuga International. The company also announced […]

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 Cabinet earlier this month. “Tourism is the largest contributor to the Gross Domestic Product of […]

By Alexander Britell Investors and stakeholders met yesterday in Miami for the Inter-American Development Bank’s Haiti Reconstruction Investment Forum to take a look at the range of economic opportunities and the progress of rebuilding in Haiti. One area seen as having particular potential for growth is the tourism sector, which has already seen a wave […]

By the Caribbean Journal staff Property and development consultancy BCQS is opening an office in Trinidad and Tobago, the firm announced today. “Given our Caribbean-wide footprint, and the importance of Trinidad and Tobago’s economy within the region, we determined some time ago that a physical presence within the country was critical to our overall growth […]

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 entered into an agreement in principle with its corporate lenders, including a fund owned by […]

Above: Cayo Espanto, Ambergris Caye, Belize By Alexander Britell One of three non-island members of CARICOM, Belize is among the gateways to South America for the Caribbean. While the country has suffered from the downturn like the rest of the region, there are some strong signs — from an improving services sector to some stability […]

Jamaica’s Department of Local Government signed a Memorandum of Understanding Friday with US-based Green RG Management to test its solar technology in Jamaica. The tests will determine the feasibility of the technology for Jamaica, beginning with using the technology in government facilities. GreenRG has committed to retrofitting the Agriculture Ministry’s building with LED lights, solar […]

Above: a man climbs the steps at the 200-year-old palace of King Henri-Christophe of Haiti, near Cap-Haitien (UN Photo: Victoria Hazou) By Sylvan Jolibois, Jr Op-Ed Contributor Having recently celebrated its second century as an independent nation, the republic of Haiti finds itself both at its lowest point, as an economically struggling entity, and at […]

Above: Guyanese President Bharrat Jagdeo and IMF Managing Director Christine Lagarde (Photos: GINA and IMF) Guyanese President Bharrat Jagdeo met Friday with the newly-appointed managing director of the International Monetary Fund, Christine Lagarde. The two officials spoke on the issue of climate change, and a new strategy when dealing with funds for battling climate change. […]

By Alexander Britell The first residential home certified as part of the US Green Buildings Council’s International LEED programme is in Grand Cayman, the initiative of Greentech Managing Director James Whittaker, who is spearheading the green building movement in Cayman. Cayman is just one of four places in the world to be part of what […]

Above: St Kitts viewed from Nevis (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has approved a three-year Stand-By Arrangement for $84.5 million with St Kitts and Nevis, in a bid to support the federation’s economic program and help it with comprehensive debt restructuring. Of that amount, $35.6 million is available for […]

The Sailfish Estate in Sunrise Landing on Grand Cayman is the first LEED-certified private residential home built outside of the United States. LEED is the certification system of the United States Green Buildings Council, which rates the energy efficiency and sustainability of buildings. Developer GreenTech is the only company in the Caribbean to have one […]

Above: the Wigton wind farm Jamaica is considering the feasibility of introducing a smart grid to the island’s electrical distribution network, Minister of State for Energy and Mining, Laurence Broderick, announced yesterday. “We are looking at [a smart grid],” he said. “We just had an expert down, who has been assisting us in that direction.” […]

(BIS Photo/Kris Ingraham) CARICOM member states are “particularly vulnerable and susceptible to the risks and threats posed by weapons of mass destruction and terrorism,” Bahamas Foreign Minister Brent Symonette said yesterday. The minister said that due to their small size, geographical configuration and limited technical and financial resources, the member states could be “soft, unsuspecting […]

Bruce Golding and Hillary Clinton at the State Department (JIS Photo) Jamaican Prime Minister met with U.S. Secretary of State Hillary Clinton yesterday in Washington, holding bilateral talks on a series of topics. Golding is on a five-day visit to Washington that includes meetings with Clinton, IMF Deputy Managing Director Nayuki Shinohara and World Bank […]

Prime Minister Bruce Golding Arrives at Washington’s Ronald Reagan Airport (JIS Photo) Jamaican Prime Minister Bruce Golding arrived in Washington, D.C. yesterday for high-level talks. The talks are part of a five-day visit for Golding. He was met by Jamaica’s Ambassador to the United States, Audrey Marks. He is set to meet with several officials, […]

Anguilla The Caribbean could see as many as 7.4 million visitors in the next ten years, according to a joint study by Ypartnership and the U.S. Travel Association. “There is no way the current capacity can handle that, so it’s encouraging,” said Adam Sacks, managing director of Tourism Economics. “The U.S. and Canada will lead […]

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 his home in the British Virgin Islands, is a member of the Royal Institute of […]

Little Bay, Negril, Jamaica Selective Homes Limited has broken ground on a $12 million beachfront development in Negril, the Little Bay Country Club. The mixed-use project, which is targeted both at banking and tourism executives, along with second-home buyers, is comprised of 171 residential units ranging from 650 square feet to 3,200 square feet. Selective […]

Caribbean Journal is the leading digital destination for Caribbean travel and tourism news and information, serving a primarily U.S. audience. Founded in 2011 and based in the United States, we deliver original reporting, in-depth destination coverage, expert hotel reviews, and breaking updates on the region’s top stories — from new flights and luxury resort launches […]