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Caribbean Islands

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Puerto Rico residents continued their exodus from the island over the past year during tough economic times, with the local population shrinking by 19,099 residents, according to the U.S. Census Bureau, reports Caribbean...
Business Journal
Approved only nine months ago, the new film tax-incentive law (Law 27) has quickly turned a bright spotlight on the island's film industry, reports Caribbean Business (Dec. 22, 2011): As a result, the...
Business Journal
Puerto Rico stands to lose millions of dollars in rum excise tax rebate revenue after the US Congress failed to extend an increase in the program that expired on Dec. 31, reports Caribbean...
Business Journal
Publication: Caribbean Update | Filed In: Police Misconduct and Law Enforcement
PUERTO RICO'S POLICING CRISIS is the title of a lengthy article in the Dec. 26, 2011 issue of The Nation magazine, written by Ed Morales, a New York-based freelance writer, who also teaches...
Business Journal
With the end of 2011, Puerto Rico should complete its sixth-consecutive year of negative growth with a smaller contraction or, in a best-case scenario, with no (zero) or flat growth, according to local...
Business Journal
Publication: Caribbean Update | Filed In: Suits & Claims and Trial & Procedure
STRIP. A region along Puerto Rico's north coast will be off-limits to developers untila lawsuit filed by conservationists is resolved, an appeals court ruled, reports AP (Jan. 4, 2012): The ruling temporarily bars...
Business Journal
New offices at Metro Office Park reflect Volt Workforce Solutions 35% increase in sales despite sluggish economy, reports Caribbean Business (Dec. 22, 2011). In Feb. 2012 it will open another branch in the...
Business Journal
Local paint company Lanco Corp. has five warehouses, four manufacturing plants throughout Central America and a fifth in the pipeline, and its products sold all over the Western Hemisphere, from Canada to Chile,...
Business Journal
The Puerto Rico Supreme Court blocked construction of a primate-breeding facility in Guaynabo in a 6-3 ruling, reports Caribbean Business (Dec. 15, 2011). Bioculture Puerto Rico Inc. had turned to the court seeking...
Business Journal
Publication: Caribbean Update | Filed In: Resorts and Destinations & Attractions
Construction on several projects, including a private jet terminal, a mega-yacht marina and a resort, is to begin and continue in 2012, said Prime Minister & Minister of Finance, Dr Denzil Douglas, reports...
Business Journal
Publication: Caribbean Update | Filed In: Airlines and Air Transportation
Dancing masquerades and a watery christening from the Airport Fire Services, greeted the captain, crew and passengers when Air Canada's inaugural non-stop flight from Toronto touched down at the Robert L. Bradshaw Intl...
Business Journal
The Grenada Board of Tourism (GBT) and the Grenada Hotel & Tourism Association (GHTA) launched Regetta, a new, improved, booking engine on their websites which, it is expected, will bolster the island's tourism...
Business Journal
The Bible is, for the first time, being translated into Jamaican patois, reports Caribbean News Now (Dec. 26, 2011). It's a move welcomed by those Jamaicans who want their mother tongue enshrined as...
Business Journal
St Vincent & the Grenadines has been ranked number five in the "World's Top Destinations for 2012" by Cable News Network (CNN), reports Caribbean News Now (Dec. 29, 2011). SVG is the only...
Business Journal
Publication: Caribbean Update | Filed In: Talks & Meetings and Trends & Events
The government of Suriname and the Inter-American Development Bank (IDB) on Jan. 16 agreed upon a new strategy to lend a record amount of around US$300 million in the period 2011-2015. The Bank...
Business Journal
Trinidad & Tobago's National Gas Co. and National Energy Corp., Severstal North America, Complejo Metalurgico Dominicano (Metaldom) and Neal & Massy Holdings Ltd signed a Memorandum of Understanding for a feasibility study to...
Business Journal
Two reliable sources within the interim government have independently leaked a so far unannounced consideration of a move of the capital from Grand Turk to Providenciales (Provo), reports Caribbean News Now (Dec. 28,...
Business Journal
Publication: Caribbean Update | Filed In: Layoffs and Layoffs & Dismissals
The largest single employer in the US Virgin Islands is government, and now even it is being forced to lay off staff as the territory's fiscal crisis deepens, reports Caribbean360 (Dec. 29, 2011)....
Business Journal
Publication: Caribbean Update | Filed In: Airlines and Air Transportation
JetBlue Airways this winter begins non-stop service from Boston to St Thomas, and connecting service to St Thomas and St Croix via San Juan, Puerto Rico, reports Caribbean News Now (Dec. 23, 2011)....
Business Journal
Publication: Caribbean Update | Filed In: Import Trade and International Trade
(millions of US$) U.S. export U.S. imports (F.A.S.) (c.i.f.) 2010 2011 2010 2011 Anguilla 29.0 24.7 1.9 4.4 Antigua & Barbuda 120.9 144.2 4.8 4.8 Aruba 413.8 594.1 16.7 2909.0 Bahamas 2666.0 2807.2...
Business Journal

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