News
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Government still confident of geothermal project
ROSEAU, Dominica, CMC – The Dominica government Monday said it would continue discussions with the European Union and other stakeholders amid reports that a French company Electricite de France (EdF) was withdrawing from the geothermal project here. In a statement, the Roosevelt Skerrit government said that over the past six months, it has made “significant progress on the terms of…
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Reshuffle on the cards – Foreign affairs, national security among those ministries targeted
KINGSTON, Jamaica – There were heightened discussions in government circles yesterday that a Cabinet reshuffle could coincide with the upcoming Budget Debate. Dr Peter Phillips, the finance minister who succeeded in eking out a long-awaited deal to be signed later this month with the International Monetary Fund (IMF), appears to be the big winner in the impending Cabinet shake-up. Well-placed…
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What economic growth?
KINGSTON, Jamaica – The Government is correctly preoccupied with what it calls “the growth agenda”, and has been telling the country that there will be growth in the immediate future. This is not likely, and there is no gain in talking optimistically about the imminence of economic growth. That kind of talk must be reserved for assuaging speculation, as would…
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Sink, swim or fly?
BRIDGETOWN, Barbados – gainst the backdrop of less than favourable reports coming out of the Central Bank of Barbados last week on the performance of Barbados’ economy and with the ensuing comments from the business leaders, some are questioning whether our approach to riding out the recession has been right all along. Traditional industries are crying out for more stimulus…
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Government threatens to pull AirJamaica brand from CAL
KINGSTON, Jamaica – The Jamaica Government is threatening to withdraw the Air Jamaica brand from the Trinidad-based Caribbean Airlines (CAL) following reports that the carrier would be reducing the number of daily flights to Jamaica. Last week, CAL Communications Manager Clint Williams confirmed media reports that the airline would be cutting back on the number of flights to Jamaica, effective…
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Howai: CAL not another BWIA
PORT OF SPAIN, Trinidad – Caribbean Airlines (CAL) will not be filing for bankruptcy and is not another BWIA in the making, Finance Minister Larry Howai assured yesterday. “There is no such thought at this stage. The thing is the airline industry is a very difficult industry to manage. Throughout the world we have had a number of different airlines …
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International tourism officials warns of excessive taxes
PORT OF SPAIN, Trinidad, CMC – A senior international tourism official has warned that increased taxes on air transportation and tourism will damage economies and reduce travel to destinations such as the Caribbean. Addressing the 24th annual Caribbean Conference on Sustainable Tourism Development (STC-14) here on Monday night, Carlos Vogeler, the regional director for the Americas within the United Nations…
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Trinidad minister wants greater regional unity in selling Caribbean
PORT OF SPAIN, Trinidad, CMC – Trinidad and Tobago is calling for a united approach towards developing the region’s tourism industry as it prepares to host the 14th Sustainable Tourism Conference (STC) here on Monday. The three day event is being held under the theme “Keeping the right balance: Enhancing destination sustainability through products, partnerships, profitability”. Host Tourism Minister Stephen…
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