outlook

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All-Inclusive

Marriott Is Opening a New Royalton All-Inclusive in Barbados, With a Rooftop Deck, Swim-Out Suites, and Adults-Only Spaces

The west coast of Barbados runs on clear water, steady trade winds, and long ribbons of white sand, where small hotels and beach bars line the shoreline. On June 1, a new resort will join that stretch in St. James: Royalton Vessence Barbados, an adults-oriented all-inclusive that brings a more layered, experience-driven approach to this […]

outlook

Jamaica’s Growth Outlook Is Improving

Positive signs for Jamaican economy By the Caribbean Journal staff Jamaica’s economy is showing some positive signs, according to the International Monetary Fund, which recently concluded a mission to the country. “A gradual economic recovery is underway.” said IMF Mission Chief Uma Ramakrishnan, who led an IMF delegation in Jamaica from Aug. 12-21. “ The […]

outlook

IMF: Jamaica "On Track"

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s International Monetary Fund programme is “on track” and policy implementation “remains strong,” according to the IMF, which recently concluded a staff review mission to the country. “Jamaica’s economic transformation programme offers a path to vibrant, sustained growth and job creation,” said Jan Kees Martijn, who […]

outlook

Haiti, Dominican Republic to Lead Caribbean Growth in 2014, 2015

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff What’s the Caribbean island with the strongest economic growth? It’s Hispaniola, home to Haiti and the Dominican Republic, which are projected to lead the Caribbean in economic growth over the next two years, according to the latest update of the International Monetary Fund’s World […]

IMF: Jamaica "On Track"

Above: Jamaica (CJ Photo) By the Caribbean Journal staff Ratings firm Standard & Poor’s has raised its outlook on Jamaica’s long-term sovereign credit ratings, it announced last week. The firm revised its outlook to positive from stable and affirmed its “B=” long-term foreign and local currency sovereign credit ratings on the country. Standard & Poor’s […]

S&P Affirms Credit Rating on Bahamas; Outlook Remains "Negative"

Above: Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s affirmed its “BBB/A-2” sovereign credit rating on the Bahamas on Tuesday, the New York-based firm announced. The outlook on the Bahamas’ long-term credit rating remains negative, however The outlook was revised to negative in September 2012; S&P said it reflected the “challenges of […]

Turks and Caicos Islands Gets First-Ever S&P Sovereign Credit Rating

Above: the Turks and Caicos Islands By the Caribbean Journal staff The Turks and Caicos Islands has received its first-ever sovereign credit rating from Standard & Poor’s. The British Overseas Territory received a rating of “BBB+/A-2” from the New York-based ratings firm, with an outlook of “stable.” S&P said the ratings on TCI reflected its […]

Standard & Poor's Lowers Barbados Outlook to Negative

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the outlook on its long-term rating on Barbados to negative, the New York-based ratings firm announced. S&P also announced that it had affirmed the country’s “BB+” long-term and “B” short-term sovereign credit ratings. The firm said the outlook reflected “the potential […]

Fitch Lowers Jamaica Outlook to Negative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has lowered Jamaica’s outlook to negative, although the firm affirmed its B- credit rating on the country, it announced Friday. The revision to negative reflects “Jamaica’s rising financing constraints in the context of elevated fiscal and external imbalances,” the New York-based firm said. “The sustained […]

S&P Maintains Negative Outlook on Jamaica, Citing Debt, Low Growth

Above: Kingston By the Caribbean Journal staff Standard & Poor’s has maintained its negative outlook for Jamaica, while affirming its “B-/B” long and short-term sovereign credit ratings on the country, the ratings firm announced. “Our ratings on Jamaica reflect its high general government debt and interest burden; limited fiscal, monetary and external flexibility; and low […]

Moody's Downgrades Bahamas Credit Rating; Outlook Remains Negative

Above: Nassau (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the rating of the Bahamas’ government to “Baa1” from A3, the New York-based ratings firm announced Friday. The government’s outlook remains negative. Moody’s cited three major factors for the downgrade: limited growth prospects following a protracted recession and weak recovery in […]

Moody's Upgrades Suriname Bond Rating, Raises Outlook to "Positive"

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff Ratings firm Moody’s has upgraded the foreign currency rating of the government of Suriname to Ba3 and raised the country’s economic outlook from stable to “positive.” The change came from several factors, Moody’s said, including the expectation of “continued prudent fiscal management and improved debt sustainability […]

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