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All-Inclusive

This Sandals All-Inclusive in the Caribbean Has Overwater Bungalows, Swim-Up Rooms, and Plunge Pool Suites

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You wade into the pool from your patio. Or you dip into your plunge pool. Or you jump straight into the sea. At Sandals St. Vincent and the Grenadines, the first choice you make each day is how you enter the water — and that choice says almost everything about how the rest of the […]

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Dominican Republic Getting $150M For Coronavirus Response

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The World Bank has released $150 million to the Dominican Republic to help the country in its fight against the novel coronavirus, COVID-19. The funds have been disbursed from a “contingent credit line” from the World Bank known as the Catastrophe Deferred Drawdown Option. The option, known as Cat-DDO, was the first of its kind […]

News

Dominica’s Geothermal Hopes Get a Big Boost

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By the Caribbean Journal staff One of the Caribbean’s most ambitious green energy projects is getting a major boost from the World Bank. The global institution has approved a $27 million project to support the construction of a 7mw geothermal power plant in Dominica, an endeavor that has long been in development. “This is an […]

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The World Bank’s New Caribbean Chief

The World Bank has appointed Tahseen Sayed Khan as its new Country Director for the Caribbean. She will be responsible for maintaining a “solid partnership” with the countries to address their development and financial challenges, the organization said in a statement. “It is an honor for me to be working in the Caribbean,” Khan said […]


Dominica’s Geothermal Hopes Get a Big Boost

By Dana Niland CJ Contributor The World Bank Board of Directors has approved a $15 million Development Policy Credit and Loan (DPC/DPL) with Grenada. This financing aims to foster sustainable conditions for private investment, improve public resource management, strengthen the banking sector, and build up resilience against natural disasters. Grenada was hit hard by the […]

How Can Haiti’s Growth Improve?

How can Haiti grow — and grow in a different way? By Dana Niland CJ Contributor A new report from the World Bank Group has outlined key opportunities and constraints to faster sustainable and inclusive growth in Haiti. The report cites the nation’s growing young labor force and proximity to the United States and other major markets […]

What are the Best Places for Doing Business in the Caribbean?

By the Caribbean Journal staff The World Bank has released its 2016 Doing Business report, and there’s a familiar place at the top of the Caribbean region: Puerto Rico. The US Caribbean territory is ranked 57th in the world for ease of doing business, ahead of Costa Rica and just behind Mongolia. Among independent Caribbean […]

The World Bank Has a New Country Manager in Jamaica

New appointee for the World Bank By the Caribbean Journal staff The World Bank has named Galina Sotirova its new country manager for Jamaica, the organization announced. Sotirova, who assumed duties July 1, has now moved to Kingston to begin a programme of engagements with the government, private sector, media and civil society. Sotirova will […]

Why Caribbean Business Needs Reform

By Paul Hay CJ Contributor Doing Business 2015: Going Beyond Efficiency is the 12th in the series of long-standing co-publications of the World Bank and International Financial Corporation which ranks the global competitiveness of nations annually. In this publication, 189 economies were assessed over the period 2013 to 2014. 32 of these economies are within […]

How Long Does It Take For a Caribbean Company to Pay Taxes?

Above: downtown Nassau, Bahamas (CJ Photo) By the Caribbean Journal staff Paying business taxes takes a long time, no matter where you are in the world. In the United Arab Emirates, it takes about 12 hours every year — that’s the low end. In Brazil, at the high end, it takes a whopping 2,600 hours every […]

Why This is the Biggest Challenge for Caribbean Youth (And Why There's Hope)

By Marcia Forbes, PhD CJ Contributor This is Part 2 of excerpts from ‘Caribbean Youth and Unemployment’ prepared for the Inter-American Development Bank’s ‘XIV Reunion BID – Sociedad Civil’ hosted in Nicaragua during late 2014. Challenges of Joblessness Rebelliousness Online & Offline Joblessness and its challenges (including depression, hopelessness, indiscipline and rebelliousness, crime and drugs) […]

This is the Best Island in the Caribbean For Doing Business

Above: San Juan, Puerto Rico (CJ Photo) By the Caribbean Journal staff What’s the best island in the Caribbean for ease of doing business? According to the newest edition of the World Bank’s annual Doing Business report, it’s Puerto Rico — again. Puerto Rico ranked 47th in the world for the ease of doing business, […]