Latest News
Latest News
Bahamas beefs up defence force fleet
NASSAU, Bahamas, CMC – The Bahamas says it will spend an estimated US$200 million acquiring nine medium-to-long range vessels to augment the Royal Bahamas Defence Force’s (RBDF) fleet. National Securi
Montserrat signs new agreement to regulate maritime industry
BRADES, Montserrat, CMC - Montserrat has signed a Memorandum of Understanding (MoU) with the United Kingdom Department for Transport (DfT) as it seeks to put in place international standards for the r
Government presents budget reducing subsidies on basic food commodities
CASTRIES, St. Lucia, CMC – The St.
PM: Economic growth should benefit the people
BRIDGETOWN, Barbados - It is possible to have social development when no economic growth is taking place. This, says Prime Minister Freundel Stuart, is because structural changes are taking place whic
ECLAC says region receives “new record high” of foreign direct investment in 2012
SANTIAGO, Chile, CMC - The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) says the region received a “new record high” of foreign direct investment (FDI) in 2012. Accor
2030: Shared prosperity is possible in our region
PORT OF SPAIN, Trinidad - The World Bank, under the leadership of President Jim Yong Kim, has focused attention on the ambitious and demanding work to eliminate extreme poverty in the world's populati
US-based university to help develop local agricultural sector
KINGSTON, Jamaica, CMC – Jamaica says it will receive assistance from a university in the United States to develop the research capacity of the local agricultural sector. Agriculture Minister Roger Cl
EU supporting regional food security project
PORT OF SPAIN, Trinidad, CMC - The European Union is providing an Euro 8.6 million (One Euro = US$1.29) grant to support a project to improve Caribbean food security in the context of climate cha
EDITORIAL: US perception of Caribbean must change
BRIDGETOWN, Barbados - It is welcome news that United States Vice-President Joseph Biden will be coming for a meeting with Caribbean Community Heads of Government later this month as part of scheduled
Jamaica uncovers scheme involving Trinidad and Tobago products
KINGSTON, Jamaica, CMC - Jamaica has imposed additional duties on lube oil product from Trinidad and Tobago, accusing the oil rich twin island republic of engaging in a scheme to circumvent the rules
CAL to discuss route cut with Jamaica
KINGSTON, Jamaica - The state-owned Caribbean Airlines (CAL) recorded losses estimated at US$70 million last year, Finance Minister Larry Howai has said. He told the Senate on Tuesday that the figure
CAL’s current situation clearly unsustainable
PORT OF SPAIN, Trinidad - Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline?
CAL not in crisis, says chairman
PORT OF SPAIN, Trinidad - The Caribbean Airlines (CAL) board has directed that its acting chief executive Robert Corbie provide a report on why the company has to potentially write off $200 million in
Caribbean airline integration: A call to action
PORT OF SPAIN, Trinidad - In his book, Re-engineering Management, James Champy states: The results are in: Re-engineering works—up to a point. The obstacle is management.
Regional transport ministers to discuss transport woes
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) ministers of transport will meet in St.
Ban Ki-Moon’s warning not to be taken lightly!
KINGSTON, Jamaica - UNITED Nations Secretary General Ban Ki-moon issued a warning to the world's business community yesterday that, we believe, is most pertinent to Jamaica and indeed our sister Carib
EDITORIAL - Getting serious about CARICOM
KINGSTON, Jamaica - Until now, the debate about Jamaica's relationship with the Caribbean Community (CARICOM) has been emotive and huffing. The core of the issue is Jamaica's near US$1 billion trade d