economy

Bermuda GDP Falls Again in 2011, But Tourism Industry a Bright Spot
resorts

This Island in The Bahamas Is Filled With Pink Sand Beaches and Chic Resorts — and Called the “Caribbean Nantucket”

 caribbean nantucket

Sand. Sea. Simplicity. That’s what greets you when you step onto Harbour Island, the three-mile sliver of paradise just off the coast of northern Eleuthera. It’s been called the Caribbean’s Nantucket — and the comparison isn’t accidental. This is an island of timeless charm, understated style and a rare blend of barefoot luxury. Walk the […]

economy

New Jamaican PM to Focus on Economy

By the Caribbean Journal staff Following the People’s National Party’s landslide victory in Thursday’s election, incoming Prime Minister Portia Simpson Miller said it was now time to “urgently get on with the business of creating more economic and social opportunities for our people.” Jamaica, which is on the eve of the 50th anniversary of its […]

economy

Interview with Jamaican Parliamentary Candidate Dr Dayton Campbell

By Alexander Britell Dr Dayton Campbell is the candidate for the North West St Ann seat in Jamaica’s Parliament for the People’s National Party. He is facing off against Othniel Lawrence of the Jamaica Labour Party in the election Dec. 29. A native of St Ann, Campbell is a medical doctor by trade. Campbell was […]

economy

Mining Leads Jamaican Growth in 3Q

Above: Dr Gladstone Hutchinson (JIS Photo) By the Caribbean Journal staff The mining and quarrying sector led all sectors in the Jamaican economy in the third quarter, with an increase of 7.5 percent, according to the Planning Institute of Jamaica. The Jamaican economy grew 0.5 percent for the quarter, with a projection of between 1 […]

Interview with Jamaican Parliamentary Candidate Dr Dayton Campbell

 Above: IDB headquarters in Washington, DC The Caribbean will see a nearly $5 billion jump in annual financing from the Inter-American Development Bank. Funding for the region has moved from $7 billion to $12 billion. According to Ancile Brewster, the IDB’s representative in Jamaica, regional integration and private sector development in the Caribbean are among […]

Jamaican Economy to Grow 1 to 2 Percent

 The Jamaican economy could grow between 1 and 2 percent his year, according to the Bank of Jamaica. The growth will be driven by extensions in agriculture, mining and quarrying, along with hotels and restaurants. “The Jamaican economy has started to show concrete signs of recovery,” said BOJ Governor Brian Wynter. “Interest rates are at […]

Interview with Belize Chamber of Commerce President Kay Menzies

 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 […]

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

 The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for this year, along with a 4 percent drop in the region’s current account balance. Last […]