Search Result for: central

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Hyatt Centric Expanding in Central America

By the Caribbean Journal staff Hyatt’s Hyatt Centric Brand is expanding again in the region with its second property in Central America. The brand is slated to open a 138-room Hyatt Centric in San Salvador, the capital of El Salvador, […]

Doing Business in the Caribbean 2017: Central America Leading By Example

By Paul Hay CJ Contributor Doing Business 2017: Equal Opportunity for All is the 14th in the long-standing series of co-publications by the World Bank and International Financial Corporation (IFC). This annual report on the ease in doing business, now […]

Central Holidays Now Has a Cuba Division

Central Holidays eyes Cuba growth By the Caribbean Journal staff Central Holidays has named Arthur Berman as Vice President of its newly-formed Latin America and Cuba Division. In his new capacity, Berman will be responsible for implementing strategies that effectively […]

Accor Names New VP in North America, Central America, Caribbean

Above: the Hotel Mercure St Martin By the Caribbean Journal staff Accor North America, Central America and Caribbean has named Balendra Nagesvaran the company’s new vice president of operations for its luxury and upscale brands in the region. The segment includes […]

Barbados Central Bank Challenges Standard and Poor’s Downgrade

Above: Barbados (CJ Photo) By the Caribbean Journal staff The Central Bank of Barbados is challenging Standard and Poor’s recent downgrade of the island’s sovereign credit rating. In a statement released this week, the bank said the downgrade was “without […]

Op-Ed: Integrating the Caribbean and Central America

By Alberto Duran and Noemi Areli Sanchez Op-Ed Contributors The Central American Integration System (SICA) was formed in 1991 and is a regional organization which includes the States of Belize, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and […]

Accor Names Executive Vice President For North/Central America, Caribbean

Above: The MGallery Hostal Nicolas de Ovando in Santo Domingo By the Caribbean Journal staff Accor has named Dominique Colliat the company’s new executive vice president for hotel services for North & Central America and the Caribbean, it announced Wednesday. […]

St Lucia PM Assumes Chairmanship of Eastern Caribbean Central Bank

Above: St Lucia By the Caribbean Journal staff St Lucia Prime Minister Dr Kenny Anthony has officially assumed the rotating chairmanship of the Monetary Council of the Eastern Caribbean Central Bank. Anthony assumed the post in a ceremony Wednesday at […]

Central Bank: Trinidad Economy Grew Just 0.2 Percent in 2012

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago saw GDP growth of just 0.2 percent in 2012, lower than its expected rate of 1 percent, according to Central Bank Governor Jwala Rambarran. The shortfall […]

Trinidad Central Bank “Cautiously Optimistic” on 2.5 Percent Growth in 2013

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago Central Bank Governor Jwala Rambarran is “cautiously optimistic” about a 2.5 percent growth rate for the country’s economy in 2013, he said Tuesday. At the same time, Rambarran […]

Central Bank Governor: “Cautious Optimism” for Trinidad’s Economy

Above: Trinidad By the Caribbean Journal staff The short-term outlook for Trinidad’s economy should be one of “cautious optimism,” according to Trinidad Central Bank Governor Jwala Rambarran. The governor was speaking at a recent “Economic Outlook 2013” luncheon held by […]

Haiti’s Central Bank, IFC Partner to Expand Leasing Infrastructure

Above: a waterfront rehabilitation project in in Port-au-Prince (UN Photo/Logan Abassi) By the Caribbean Journal staff Haiti’s Banque de la Republique d’Haiti central bank and the International Finance Corporation have signed a memorandum aimed at expanding leasing options for micro, […]

Haiti’s Central Bank “Well-Capitalized”

Above: Plage de Morisseau in Haiti (Photo: MT Haiti) By the Caribbean Journal staff Haiti’s Bank of the Republic of Haiti central bank is “well-capitalized,” the organization said in a release Thursday. The bank reported a positive balance of approximately […]

World Bank: Central America, Caribbean Can Reduce Dependence on Oil

Above: a wind farm in Nevis (CJ Photo) By the Caribbean Journal staff Central American and Caribbean countries can reduce their dependence on oil through a combination of renewable energy, energy efficiency initiatives and regional energy integration, according to a […]

Trinidad Energy Sector Contracted in First Quarter: Central Bank Report

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s energy sector contracted in the first quarter of 2012, according to a Mid-Year Financial Stability Report released by the country’s Central Bank. The report pointed to lower output […]

Panama Fully Joins Central American Integration System, Signs EU Pact

Above: Panama President Ricardo Martinelli in Honduras (Photo: OP) By the Caribbean Journal staff Panama has fully joined the Central American Integration System, in a move the country hopes will improve its trade with the region. SICA is Central America’s […]

OAS Urges Central American-Caribbean Collaboration in Honduras Talks

Above: Roatan on Honduras’ Caribbean coast By the Caribbean Journal staff Honduras Tourism Minister Nelly Jerez Karina Caballero met with Organization of American States Assistant Secretary General Albert Ramdin Wednesday to disuse the “growing importance” of the tourism sector for […]

Dominican Republic Economy Grew 4 Percent in First Quarter: Central Bank

Above: Samana By the Caribbean Journal staff The Dominican Republic’s economy grew by approximately 4 percent in the first quarter of 2012, according to Central Bank Governor Hector Valdez Albizu. That number indicated that the economy was operating below its […]

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, […]

Haiti Continues Decentralization Plan in Jacmel, Leogane and Port de Paix

Above: Jacmel, Haiti By the Caribbean Journal staff Haiti’s plan to decentralize power from the capital in Port-au-Prince is moving forward, as residents of the cities of Jacmel, Port de Paix and Leogane have participated in the Ministry of Interior’s […]

Haiti’s Martelly Envisions Hospital Expansion As Part of Decentralization Plan

Above: the new Mirebalais Teaching Hospital (Photo: Partners in Health) By the Caribbean Journal staff Continuing his tour around Haiti to push the government’s plan to shift power from Port-au-Prince and into local governments, Haitian President Michel Martelly visited the […]

Haiti’s Jacmel Talks Decentralization

Above: Jacmel By the Caribbean Journal Staff A new initiative launched in the Haitian city of Jacmel aims for a conversation on the process of the country’s decentralization. The Cafe Community series recently began its first meeting in Jacmel, with […]

Dominican Republic Has “Stable” Financial System: Central Bank Governor

Above: Central Bank Governor Hector Valdez Albizu By the Caribbean Journal staff The Dominican Republic now has a “stable” financial system that allows monetary policy to focus on targeting inflation without being deflected by issues related to the health of […]

Dominican Republic to Join Central American Security Treaty

Above: Dominican Foreign Minister Carlos Morales Troncoso (UN Photo/JC McIlwaine) By the Caribbean Journal staff The Dominican Republic will join the Framework Treaty on Democratic Security in Central America as part of a commitment to addressing transnational crime, Foreign Minister […]

Haiti Central Bank Officials Meet With Dominican Republic Delegation

Above: officials at the meeting (Photo: CIG) By the Caribbean Journal staff A delegation from the Reserve Bank of the Dominican Republic (BanReservas), has concluded a meeting with officials at Haiti’s Central Bank. The BanReservas officials met with a contingent […]

Dominican Republic President Meets with Central American Judges

Above: President Fernandez leads the discussion (Photo: OP) By the Caribbean Journal staff Dominican Republic President Leonel Fernandez met Friday with several judges of the Central American Court of Justice. The President was joined by Francisco Dario Lobo Lara, the […]

Fonkoze COO Joins Haiti Central Bank

By the Caribbean Journal staff Georgette Jean-Louis, the Chief Operating Officer of Fonkoze, a Haitian microfinance institution, has been named to the board of the country’s central bank, the Bank of the Republic of Haiti. Jean-Louis, who has worked in […]

Barbados Looking to Central America

Above: Panama City, San Jose and Bridgetown Following the lead of a number of Caribbean countries, Barbados is looking south to improve its economy. Two Central American countries, Panama and Costa Rica, will be the sites of a diplomatic and […]

Air Europa Is Adding More Nonstop Dominican Republic Flights