The Dominican Republic has added a new internationally branded hotel on the north coast. President Luis Abinader has officially inaugurated the Holiday Inn Puerto Plata – Cofresí Bay Area by IHG, a new property developed with an investment of $26 million that adds 115 rooms to Puerto Plata’s growing hotel inventory. It’s the second Holiday […]
The following is a statement from Jamaica Finance Minister Dr Peter Phillips concerning the country’s negotiations with the International Monetary Fund: On assuming office, one of the most urgent priorities of this administration was to reopen the line of communication with the IMF and negotiate a new agreement that would satisfy the interest of Jamaica’s […]
By Kent Gammon Op-Ed Contributor THE JAMAICAN ECONOMY continues to lag behind the rest of the world with a dismal 1.3 percent growth forecast for 2013. The Jamaican dollar is being sold officially for 92 dollars to one US dollar but there is a black market where the US dollar is fetching as many […]
Above: Kingston (CJ Photo) By the Caribbean Journal staff Any agreement Jamaica signs with the International Monetary Fund will not impact the country’s plan to develop a major logistics hub, Industry Minister Anthony Hylton said this week. “Not one foreign investor has raised with me [concerns about] the IMF, not one, because they are not […]
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