financing
Caribbean Cruise

Virgin Voyages Is Adding a New Eatery With Indian Spices, Coastal Flavors, and a Celebrity Chef

valiant lady

Virgin Voyages is adding a new culinary concept to its lineup — and it’s bringing one of the world’s most celebrated cuisines to the center of the experience. The adults-only cruise line has announced the debut of Ariya, a modern Indian restaurant created with celebrity chef Maneet Chauhan, launching aboard Valiant Lady after the ship completes its scheduled dry […]

financing

Op-Ed: Caribbean Climate Change: What's Next?

By George Nicholson and Nnyeka Prescod Op-Ed Contributors There is rising anxiety amongst island nations as the effects of the continuous warming of the earth become more evident on our physical environment. The negative impacts arising from changes in weather patterns due to global warming include rising temperatures, prolonged periods of drought, sea level rise […]

financing

Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas

Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million, the company announced. Concurrent with the completion of the deal, Ashford has financed the hotel with a $42 million non-recourse mortgage loan. The property will continue to be operated as a Ritz-Carlton under a long-term management deal with Ritz-Carlton, the […]

financing

Addis Ababa and the Caribbean

Global financing and the Caribbean By George Nicholson and Rachael Robinson Op-Ed Contributors The issue of global financing for development is a critical theme in the international development agenda with the most recent United Nations (UN) meeting being the Third International Conference on Financing for Development (FfD), which was held in July in Addis Ababa, […]


Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas

A major financing program By the Caribbean Journal staff Jamaica is getting a $130 million loan from the Inter-American Development Bank, the organization announced. The loan aims to strengthen Jamaica’s structural program for economic growth. “The Jamaican government has been improving its public finances in recent years in order to set the stage for stronger […]

Supporting Caribbean Entrepreneurs, Sustaining the Regional Economy

By Irene Arias Op-Ed Contributor Small and medium sized companies are the backbone of Latin America’s economy. They represent more than 90 percent of all enterprises in the region, generating over half of all jobs and a quarter of the region’s gross domestic product. They are essential to economic growth, yet their success is often […]

Jamaica Receiving Funding to Improve Climate Change Resilience

Above: Jamaica (CJ Photo) By the Caribbean Journal staff Jamaica is receiving new funding from the Inter-American Development Bank to improve the country’s resilience to climate change. The funding includes a $10 million “highly” concessionary loan and a $7,895,000 grant approved by the Inter-American Development Bank. The project is the first adaptation programme implemented by […]

Haiti Marriott Project Receiving $26.5 Million in Financing From IFC

Above: a rendering of the hotel By the Caribbean Journal staff The Marriott hotel project in Haiti’s Port-au-Prince is receiving $26.5 million in financing from the IFC. Turgeau Developments SA, which is sponsored by Digicel, will be receiving the funding for the project. “The Marriott brand is synonymous with high quality hospitality,” said Colm Delves, […]

Dominica to Host Donor Conference to Attract Geothermal Investment

Above: Dominica (CJ Photo) By the Caribbean Journal staff Dominica will be hosting a donor conference in September aimed at boosting support for its geothermal energy project. More than $30 million has been spent on the project in the country’s Roseau Valley. Following recent talks between Dominica Prime Minister Roosevelt Skerrit and the Agence Francaise […]

New Turks and Caicos Law to Regulate Financing of Campaigns

By the Caribbean Journal staff In something of a first for the Caribbean, Turks and Caicos Governor Ric Todd has signed into law a Political Activities Ordinance in the territory. The ordinance will come into effect Aug. 28, ahead of the Turks and Caicos’ scheduled Nov. 9 elections. “This ordinance marks a big step in […]

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