PORT OF SPAIN, Trinidad - The extractive sector—the mining, quarrying, dredging, oil and gas extraction industries—plays an important role in the global economic landscape, contributing significantly to the GDP of its host countries. These industries are capable of contributing to the sustainable development of communities and to the wider economy when interventions are implemented, taking into consideration the rights of the people most affected.
KINGSTON, Jamaica, CMC – The Cabinet has approved the construction of a US$200 million medical facility in the western parish of St. James in an attempt to tap into the multi-billion dollar global health tourism industry.
Minister of Health, Dr. Fenton Ferguson said construction of the facility represents the first formal health tourism project for Jamaica and will be spearheaded by members of the Diaspora, through an established partnership with the Government of Jamaica .
PORT OF SPAIN, Trinidad, (IPS) - Officially, the Caribbean’s rainy season begins in June, coinciding with the start of the hurricane season. But recently, heavy rains have signalled an early start to the rainy season, flooding streets, swelling rivers and causing widespread damage to crops.
“With global warming, you have to expect anything these days,” Shiraz Khan, president of the Trinidad and Tobago Farmers’ Association (TTFA), told IPS.
ST JOHN’S, Antigua – Hours after coming under heavy criticism for his remarks on the issue of increased pay for LIAT’s pilots, the airline’s Chief Executive Officer (CEO) Captain Ian Brunton said the company has not made any decision on the matter.
ST JOHN’S, Antigua – A suggestion that regional carrier LIAT should be put under the umbrella of essential services, has been pegged as a move to deny workers’ right to withdraw their labour when there is a deadlock over a dispute.
BRIDGETOWN, Barbados - EVERYONE will wait to see what comes out of the meeting which the LIAT shareholder governments said they want to have with the Government of Trinidad and Tobago.
It is a meeting that could determine the way forward for the region’s airlines which are facing challenges in relation to operational costs.
The subject of the discussions is a fuel subsidy which LIAT officials have said repeatedly, gives Caribbean Airlines (CAL) some unfair advantage.
PORT OF SPAIN, Trinidad - State carrier Caribbean Airlines (CAL) is facing a potential write-off of approximately $200 million in losses, including $60 million lost from what executives say could amount to credit card fraud related to airline ticket purchases.
More than $100 million has already had to be written off from the company’s cargo department.
A report submitted to the CAL board of directors recently stated the losses were incurred because there were no policies in place to ensure the enterprise got its earnings.
PORT OF SPAIN, Trinidad - Who’s minding the store?
Yesterday, the Sunday Express reported on the millon-dollar write-off at national carrier Caribbean Airlines (CAL) in the midst of the company’s financial turbulence.
Part 2 today considers whether CAL is being run in the best interest of its shareholders, the governments of Trinidad and Tobago and Jamaica, by the people appointed to manage it.