News
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Taxation uncertainty will drive investors from Jamaica, says O’Brien
KINGSTON, Jamaica – Chairman of the Digicel Group Denis O'Brien says recent uncertainties around taxation have impacted the level of foreign direct investment in Jamaica and will drive away investors from the island. At the same time, he said, notwithstanding its foray into the hospitality industry in Haiti, the telecommunications outfit will not be entering the local tourism sector. O'Brien,…
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EDITORIAL – Give PM free hand to restructure gov’t
KINGSTON, Jamaica – Today is to be the second and final day of a special session of the Cabinet to deal with what the Government has dubbed its growth agenda. It will have been the fourth such extraordinary meeting of ministers in the nearly 14 months since the People's National Party (PNP) regained the Government. We previously advised the minister…
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IMF agreement unlikely by month-end, says Golding
KINGSTON, Jamaica – Former Prime Minister Bruce Golding said the International Monetary Fund (IMF) is unlikely to approve an extended fund facility for Jamaica by the end of March based on the schedule of the executive board. Golding said it is “a matter of concern” that the IMF updated its executive board calendar archive on its website on February 6…
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Jamaica developing national budget with IMF programme in mind
KINGSTON, Jamaica, CMC – The Jamaica government says it has agreed on the upcoming national budget in keeping with a programme being worked out with the International Monetary Fund (IMF). A statement issued at the end of the first day of the Cabinet retreat, said that the Portia Simpson Miller administration completed all prior actions required to successfully sign an…
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Haiti to open consulate in Suriname
PARAMARIBO, Suriname, CMC – In a bid to strengthen bilateral relations with Suriname the Government of Haiti will be opening a consulate here. Haitian President Michel Martelly who arrived in Suriname on Friday for a two day official visit made the announcement at a meeting in Jarikaba. “Before the end of April we will open a consulate in Paramaribo. Suriname…
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Chronic diseases killing Afro-Caribbeans
Caribbean trade bloc governments have been so worried about the stark increase in chronic diseases like diabetes and hypertension among citizens that they have twice organized special summits to address the issue and even pushed the United Nations into holding a high-level meeting to find ways of reducing these numbers. In the past week, a respected Caribbean academic has sought…
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Dengue costs Caribbean US$321m a year
PORT OF SPAIN, Trinidad – The fight against dengue, which is spread by the Aedes Egypti mosquito, costs the Caribbean a whopping US$321 million per annum. Prof Christine Carrington revealed this figure in her professorial inaugural lecture at Noor Hassanali auditorium, Faculty of Law, St Augustine Campus, on Thursday. Among those present were Prof Dean Ramsewak, Dean, Faculty of Medical…
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IDB makes call for proposals on social inclusion and poverty reduction
WASHINGTON, CMC – The Inter-American Development Bank (IDB) has launched another call for proposals from civil society organizations that carry out activities focused on poverty reduction and social inclusion and development in Latin America and the Caribbean. The call, made by the IDB’s Executive Director for the Government of Japan, Yasuhiro Atsumi, is for projects that support development through sustainable…
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