KINGSTON, Jamaica, CMC – The Jamaica government is to outline a solution that it hopes will facilitate the re-opening of the Russian owned ALPART and Kirkvine bauxite plants here. Science, Technology, Energy and Mining Minister Phillip Paulwell will outline the solution when he make his contribution to the 2013/14 Sectoral Debate. The government has been engaged in months of intense negotiations with the Russian-based aluminium company, UC Rusal, for the resumption of operations at the facilities, which closed in 2009.
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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 an agreement with EdF and NGE, a French infrastructural development company regarding the project.
BRIDGETOWN, Barbados - Particular attention must be given to Small and Medium Enterprise (SMEs), with regards to how Information and Communication Technologies or ICTs, may be applied to improve their efficiency, extend their reach and make them more globally competitive. That is according to Dr. Keith Mitchell, Prime Minister of Grenada during his address to the University of the West Indies Students Today Ambassadors Tomorrow (UWISTAT) lecture, held recently at the Cave Hill Campus.
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 government sources told The Gleaner that A.J. Nicholson, the foreign affairs minister, appears to be left out of the Cabinet.
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 and non-traditional sectors claim they are being starved of the necessary attention needed to take them forward. The consensus seems to be, “no more talk, we need action...
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 be necessary to maintain stability and confidence in financial markets, but does nothing to promote economic growth.
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 today, April 16. Transport Minister Dr. Omar Davies said the decision by the cash-strapped airline would contradict the agreement signed when CAL acquired Air Jamaica two years ago.
BRIDGETOWN, Barbados - FRESH FROM his electoral victory in Grenada’s February 19 parliamentary election, in which his People’s National Party captured all 15 seats, Prime Minister Dr Keith Mitchell chose to go public last week with a rather surprising negative message about the sole intra-regional airline, LIAT.
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 World Tourism Organization (UNWTO), said taxes on tourism are an all too common occurrence.
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 going into Chapter 11,” he told reporters yesterday after the Trinidad and Tobago Manufacturers' Association’s (TTMA) Annual General Meeting at the Hyatt Regency , Port-of-Spain.