Search Result for: revision

29 results found.

Bahamas Government: Ratings Revision Unfortunate, But Not Unexpected

Above: Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s decision Monday to lower its outlook on the Bahamas to negative was unfortunate, but not unexpected, according to a statement from the Bahamian government. The government said it […]

Traveling to St Kitts Just Got Easier

St Kitts and Nevis is updating its travel protocols effective April 1, Caribbean Journal has learned. The destination’s new rules mean travelers can now show proof of either a negative antigen test within 24 hours before arrival or a negative […]

British Virgin Islands Removes Quarantine for Vaccinated Travelers

In a significant step for the reopening of its tourism sector, the British Virgin Islands has removed the quarantine requirement for fully vaccinated travelers. The country had recently eased its regulations, imposing a quarantine for vaccinated travelers only as they […]

Mandarin Oriental Project Moving Forward in Grand Cayman

The Mandarin Oriental resort project is moving forward in Grand Cayman, Caribbean Journal Invest has learned. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor […]

Grand Bahama’s Viva Wyndham Fortuna Beach Resort to Reopen

The Viva Wyndham all-inclusive resort in Grand Bahama is slated to reopen in November, Caribbean Journal has learned. The 26-acre property on the south shore of Grand Bahama will reopen Nov. 1, Grand Bahama tourism officials confirmed. The 274-room resort […]

How Jamaica Is Preparing For Its Tourism Reopening

Jamaica is planning to reopen its borders for tourism on June 15, and the island is now readying what officials are calling an “extensive” set of operational protocols for health and safety. Most notably, travelers to Jamaica will be screened […]

Saint Lucia Airport Redesign Pushing Ahead

By the Caribbean Journal staff It’s one of the most anticipated airport redesigns in the Caribbean in recent years, and now Saint Lucia’s landmark redevelopment of its Hewanorra International Airport is moving forward. The project is now progressing into its […]

St Thomas to Begin Transformation of Charlotte Amalie Waterfront

By the Caribbean Journal staff The US Virgin Islands will break ground this week on a major transformation project for the waterfront in Charlotte Amalie in St Thomas. US Virgin Islands Governor Kenneth Mapp will lead the groundbreaking on the […]

Doing Business in the Caribbean 2016

By Paul Hay CJ Contributor Doing Business 2016: Measuring Regulatory Quality and Efficiency is the 13th in the long-standing series of co-publications by the World Bank and International Financial Corporation (IFC). This annual report on the ease in doing business […]

Suite Spot: The Cliff Penthouse Suite at Virgin Gorda’s Oil Nut Bay

By Sarah Greaves-Gabbadon CJ Travel Editor You know how you walk into some hotel rooms and, as much as you try to be cool and pretend as if you live just like this at home, can’t help but gush? The […]

The Caribbean’s Air Transport Challenge

By Kareem Yarde Op-Ed Contributor This piece is informed by recent academic research which I conducted on aviation liberalization in CARICOM (Caribbean Community). There have been attempts in CARICOM towards aviation liberalization so that the region could also achieve the […]

Caribbean Economies to Grow By 3.6 Percent in 2014: Report

Above: St Vincent and the Grenadines (Caribbean Journal photo) By the Caribbean Journal staff The Caribbean region is projected to see 3.6 percent growth in Gross Domestic Product this year, according to a mid-year update of the United Nations’ World […]

S&P Raises Caribbean Development Bank Outlook to “Stable”

Above: the Caribbean Development Bank’s headquarters By the Caribbean Journal staff Ratings firm Standard & Poor’s has raised its outlook on the Caribbean Development Bank to stable from negative. The revision came as the New York-based firm affirmed the bank’s […]

S&P Raises Curacao Outlook to Stable

Above: Curacao By the Caribbean Journal staff Standard & Poor’s has affirmed its ratings on the government of Curacao and raised the island’s outlook to stable from negative, the New York-based ratings agency announced. Curacao’s government has “A-” and “A-2” […]

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 […]

S&P Raises Grenada’s Foreign Currency Rating After Coupon Payment

Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has raised Grenada’s foreign currency sovereign credit ratings on Grenada Tuesday after the country made a coupon payment it had earlier missed. The country’s rating has been raised […]

S&P Lowers Bahamas’ Outlook to Negative, Points to Weakening Fiscal Profile

Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]

Guyana Lowers Growth Projection for 2012, Citing Sugar Contraction

Above: Amaila Falls in Guyana By the Caribbean Journal staff Guyana has revised its 2012 growth projection downward from 4.1 percent to 3.8 percent, according to Finance Minister Dr Ashni Singh. The revision was a result of the country’s sugar […]

S&P: Grenada’s Outlook Stable, Economy Recovering “Modestly”

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s economic outlook remains “stable,” according to ratings firm Standard & Poor’s, which affirmed its “B-” long-term foreign and local currency ratings on the country Tuesday. S&P also raised its short-term […]

S&P: Lack of IMF Agreement “Detracting” from Jamaica’s Creditworthiness

Above: Kingston By the Caribbean Journal staff Standard & Poor’s this week raised the short-term sovereign credit rating on Jamaica to “B” from “C.” The ratings firm also affirmed its “B-” long-term foreign and local currency ratings, along with holding […]

Haiti Wants French on CARICOM Agenda

Above: Haiti President Michel Martelly at the meeting (Photo: OP) By the Caribbean Journal staff Haiti President Michel Martelly wants French to have a place on the Caribbean Community’s agenda. The Caribbean Community is only economic integration scheme in which […]

Durandis: Why Haiti Must Address Its Policies on Private Land Ownership

By Ilio Durandis CJ Contributor What was a crisis before the earthquake in Haiti is shaping up to be an omnipotent disaster for the reconstruction effort. Establishing legal land ownership anywhere in the world can be a difficult task, but […]

British Virgin Islands Hosting Greenland Premier Kuupik Kleist for Visit

Above: Scrub Island in the British Virgin Islands By the Caribbean Journal staff Greenland Premier Kuupik Kleist is visiting the British Virgin Islands this week in his capacity as chairman of the Overseas Countries and Territories Association. The British Virgin […]

Montserrat Reforms Import Tax Rates

By the Caribbean Journal staff Montserrat will introduce measures to simplify and rationalize the island’s import tax rates next month, according to Frank Ferguson, director general of the Montserrat Revenue Services. The revisions will cause changes to be made to […]

US Virgin Islands Governor Proposes Modifications to Cruzan Rum Agreement

By the Caribbean Journal staff US Virgin Islands Governor John de Jongh has submitted to the Legislature modifications to the agreement between the government of the Virgin Islands and Cruzan, VIRIL, Ltd, the St Croix producer of Cruzan Rum and […]

Haiti’s Martelly Discusses Judicial Proposals in Meeting With Supreme Court

Above: the meeting with Supreme Court judges (Photo: OP) By the Caribbean Journal staff Haiti’s President Michel Martelly held talks with judges of Haiti’s Supreme Court (Cour de Cassation) Tuesday on a series of proposals and decisions aimed at strengthening […]

Montserrat Drafts ICT Strategy

By the Caribbean Journal staff Montserrat has unveiled the first draft of its Information and Communication Technology plan, with the first review coming last week by a consulting team from the Caribbean Telecommunications Union. The three-person team, which was led […]

The Caribbean Year in Review

For the Caribbean, it was the Year of the Vote. By year’s end, five countries, Jamaica, Guyana, St Lucia and Haiti and the British Virgin Islands, will have chosen new leadership, with Jamaicans headed to the polls on Thursday. It […]

Air Europa Is Adding More Nonstop Dominican Republic Flights