Search Result for: pension fund

24 results found.

Haiti Inaugurates New National Pension Fund Headquarters in Petionville

Above: Haiti President Michel Martelly By the Caribbean Journal staff Haitian President Michel Martelly has inaugurated the new office of the country’s National Old Age Insurance office, the country’s national pension fund, in Petionville. “This is another victory for the […]

Grenada, Kuwait Fund Reach Agreement

Above: Grenada (CJ Photo) By the Caribbean Journal staff The Kuwait Fund has agreed to lift a suspension imposed on Grenada, the Grenadian government announced Thursday. The agreement, reached following negotiations led by Works Minister Gregory Bowen, paves the way […]

Trinidad’s Finance Minister Dookeran: Pension System in Need of Reforms

Above: Trinidad Finance Minister Winston Dookeran By the Caribbean Journal staff Trinidad and Tobago’s pension system is in need of reforms, as risk still remain despite a solid pension industry, according to Finance Minister Winston Dookeran. According to the Minister, […]

Apple Leisure Group Names New VP for Development

Apple Leisure Group has named a new Vice President of Development to lead its expansion push. The company has tapped Sergio Gascon, who will be based in Mexico City, for the role, in which he will “spearhead efforts to establish […]

Jamaica Finance Minister Peter Phillips to Visit United States, Europe

Above: Jamaica Finance Minister Peter Phillips (left) and Bank of Jamaica Governor Brian Wynter (right) will both be on the trip By the Caribbean Journal staff Jamaica Finance Minister Dr Peter Phillips will be heading to Europe and the United […]

Cayman Islands Finds Itself in Washington Politics — Again

Above: Grand Cayman (CJ Photo) By the Caribbean Journal staff The Cayman Islands, which ultimately played a significant part in the US Presidential campaign last fall, is once again at the centre of Washington politics over US Treasury Secretary Nominee […]

Cayman Business Group Criticizes Report on Mitt Romney’s Investments

Above: US Republican Presidential Candidate Mitt Romney By Alexander Britell A report by US-based ABC news focusing on Republican Presidential Candidate Mitt Romeny’s financial investments in the Cayman Islands displayed a “total misunderstanding of the role of the Cayman Islands’ […]

CMC, Highgate to Open New Courtyard by Marriott in Curacao

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]

Sunwing Suspending Outgoing Caribbean Flights Amid Coronavirus

Sunwing is suspending all of its outgoing Caribbean flights for the next two weeks amid the coronavirus epidemic. The Canadian travel giant said it would be suspending all flights to its “sun” destinations for the next two weeks in order […]

Maximizing Jamaica’s Potential

AS I listened to the Planning Institute of Jamaica’s recent review of the Jamaican economy, I thought to myself that we have become a nation that is too used to mediocrity. The PIOJ estimated that the Jamaican economy grew by 0.9 […]

St Vincent and the Grenadines to Receive $6.4M IMF Disbursement

Above: St Vincent (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $6.4 million disbursement to St Vincent and the Grenadines, the organization announced Friday. The funding will be drawn from a Rapid […]

Moody’s Follows S&P, Downgrades Puerto Rico to Junk Status

Above: San Juan (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the general obligation of the Commonwealth of Puerto Rico to Ba2, or “junk” status, the New York-based firm announced Friday. The move follows a similar […]

Puerto Rico Rating Downgraded to Junk Status By Standard and Poor’s

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its rating on the government of Puerto Rico’s general obligation debt to junk status, the New York-based ratings firm announced Tuesday. The firm lowered Puerto […]

S&P Affirms Rating on Puerto Rico; Outlook Remains Negative

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has affirmed its “BBB-” rating on the Commonwealth of Puerto Rico’s general obligation and appropriation debt, the New York-based ratings firm announced on Wednesday. The rating reflected […]

Montserrat to Receive $26M in UK Aid

Above: Montserrat By the Caribbean Journal staff Montserrat will be receiving $26.04 million USD in budget aid from the United Kingdom’s Department For International Development. The government announced the funding following what it called “detailed discussions and negotiations” with Montserrat […]

S&P Downgrades Puerto Rico Rating

Above: Puerto Rico (CJ Photo) By the Caribbean Journal staff Standard & Poor’s ratings services has lowered its general obligation rating on the Commonwealth of Puerto Rico to “BBB-” from “BBB,” the New York-based firm announced. Puerto Rico’s outlook is […]

Op-Ed: The IMF, Chavez, and Jamaica’s Economic Future

By David Rowe Op-Ed Contributor FOR THE LAST 12 MONTHS, Jamaica has been in intermittent negotiations with the IMF. These negotiations have not yet yielded a new agreement. It is now acknowledged internationally that Jamaica is in an economic crisis. […]

Jamaica’s Phillips: Negotiations With IMF Technical Staff “Virtually At An End”

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 […]

Phillips: Jamaica and IMF Making Progress on Agreement

Above: Jamaica Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff Jamaica and the International Monetary Fund are making progress on a long-awaited agreement between the two sides, according to Finance Minister Dr Peter Phillips. “We are at […]

Jamaica Begins Talks with IMF

Above: Finance Minister Dr Peter Phillips (right) is welcomed to the Mayberry Investment Forum Wednesday by Mayberry Investments CEO Gary Peart (JIS Photo) By the Caribbean Journal staff The Jamaican government has begun preliminary talks with the International Monetary Fund, […]

Op-Ed: The IMF and Jamaica

By David P Rowe Op-Ed Contributor It is obvious that the IMF and the JLP government were either in continuous disagreement or that they were unable to enter a mediated agreement over the last year. According to the IMF’s website, […]

Jamaica “Steadfast” in Resolving IMF Issues, Government Says

Above: IMF headquarters in Washington, DC The Jamaican government will remain steadfast in resolving the main issues in its discussions with the International Monetary Fund, Information Minister Sen. Arthur Williams said Wednesday. The government is working to address tax reform, […]

Jamaica, IDB Talk Benchmarks

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica and the Inter-American Development Bank have discussed structural benchmarks identified by the country’s government to strengthen the economy and increase competitiveness. These areas include tax, pension and public sector wage reforms, according […]

In Dominica, a New Look at Social Security

Above: DSS Director Janice Jean-Jacques Thomas (Photo: DIS) By Mervin Matthew Dominica’s Social Security has begun a series of consultations with stakeholders across the island, engaging in dialogue on the further development of the country’s social security scheme. “The management […]

This Top Paradise Island Restaurant Has a New Look