Cuba shows positive signs in manufacturing activity Reply

Reposted from Radio Cadena Agramonte

The Cuban manufacturing industry shows a positive development in several key indicators, supported in authorities’ efforts for recovering economic, official sources stated today.According to the National Statistics Office (ONE), the production of consumer goods has experienced a 2.3-percent rise in the first six months of 2012 compared with the same period last year.Food contributions, with rice increase of 79.9 percent) refined fats of 36.5 percent, dairy products, canned meat and alcoholic beverages, among others, are highlighted in this section. More…

S&P raises Jamaica’s short-term sovereign credit rating, continues long-term pessimism Reply

Downtown Kingston, Jamaica

Reposted from the Caribbean Journal

By the Caribbean Journal staff

Standard & Poor’s this week raised the short-term sovereign credit rating on Jamaica to “B” from “C.” The ratings firm also affirmed its “B-” long-term foreign and local currency ratings, along with holding the country’s outlook at “negative.” More…

Carib Journal interviews Haiti’s first lady Sophia Martelly Reply

Haitian first lady Sophia Martelly

Reposted from Caribbean Journal

Written by Alexander Britell

Sophia Martelly has been Haiti’s First Lady since May 14, 2011, when her husband, President Michel Martelly, took office. The First Lady, who has four children, has focused on several initiatives in the last year, highlighted by work fighting HIV/AIDS and hunger in Haiti. To learn more, Caribbean Journal talked to Martelly about combating HIV, the country’s image abroad and women in Haiti. More…

Australian company explores investing US$ 200 million in Haitian mining sector Reply

Reposted from Haiti Libre

As part of the Business Diplomacy, initiated and promoted by the Prime Minister, Laurent Lamothe, the new Minister of Foreign Affairs Pierre-Richard Casimir, received in audience on 9 August 2012, Mr. Philip Kentwell, the High Commissioner of Australia to the CARICOM, who is in special travel in Haiti.

During this meeting, the discussions focused on the interests of an Australian company to invest $200 million U.S. dollars in the field of mining exploration in Haiti. Several other points relating to the interests of both countries, including the issue of scholarships and the strengthening of bilateral ties, have been the subject of exchange between these two top officials.

Photo Credit: Google Images

Haiti’s Lamothe announces new appointments Reply

The National Palace, Port-au-Prince, Haiti

Reposted from the Caribbean Journal

Written by the Caribbean Journal staff

Haiti Prime Minister Laurent Lamothe has announced the appointments of three new officials. Headlining the new appointees is Thierry Mayard-Paul, who was replaced as Interior Minister during a cabinet shake-up announced on Monday. Mayard-Paul has been named as a private advisor to Haiti President Michel Martelly. More…

Conduit Capital announces start of commercial operations of West Kingston power project in Jamaica Reply

Reposted from Investment Weekly News

Kingston, Jamaica

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, announced the start of commercial operations of a 66 megawatt heavy fuel oil power plant at West Kingston (“West Kingston Power Project”) in Jamaica. More…