The International Finance Corporation (IFC), a member of the World Bank Group, is hosting a Corporate Governance conference in Port au Prince today aimed at helping Haitian firms and family-owned businesses develop sound corporate governance practices to operate more efficiently, improve their access to capital, and manage their risks effectively. More…
Tag Archives: Port-au-Prince
Caribbean Leaders Arrive in Haiti for Regional Summit Reply
Reposted from The Caribbean Journal
By Alexander Britell
PORT-AU-PRINCE, HAITI — Political leaders from across the Caribbean Community have begun arriving in Haiti for the 24th Intersessional CARICOM Meeting of the Heads of Government summit that begins here tomorrow.
It is the first time Haiti, which assumed the CARICOM Chairmanship at the beginning of 2013, has hosted the meeting. More…
Haiti Has High Hopes for Tourism Reply
A vendor at downtown Port-au-Prince, Haiti, sells cherries from a hand-woven basket.
By Michelle Loubon
Lured by ruins of Sans Souci at Milot and the Citadel Fortress, tourists flock to the city of Cap-Haitien, on Haiti’s north coast. They make the trek past mountainous scenic landscapes to “ile de l’amour” (island of love) at Ile-a-vache. In fact, Haiti Prime Minister Laurent Lamothe told Caribbean Journal in an interview in December it has high hopes for the tourism potential of picturesque Ile a Vache. More…
Haiti’s Recovery is Real Reply
Construction of affordable homes in Port-au-Prince
By HERALDO MUÑOZ
PORT-AU-PRINCE -”Beyond the mountains,” according to a well-known Haitian proverb, there are “more mountains.” It’s an apt line in a country that has faced outsized challenges for as long as anyone can remember, but one that can only begin to describe the trials posed by the catastrophic 7.0 magnitude earthquake, which rocked the half-island nation three years ago. The quake killed more than 200,000 people, displaced 1.5 million, and destroyed some 300,000 buildings. It also inflicted close to $8 billion worth of damage, and destroyed roughly 80 percent of the country’s economy. More…
Haiti is recovering, leader tells quake ceremony Reply
Le Negre Marron statue
AFP – Three years after a massive earthquake ravaged Haiti, President Michel Martelly said Saturday the country was slowly rebuilding, despite the ongoing day-to-day misery of many survivors.
An estimated 250,000 people were killed in the January 12, 2010 earthquake. Hundreds of thousands are still living rough in squalid makeshift camps, and they now face rampant crime, a cholera outbreak and the occasional hurricane. More…
Haiti Among the Safest Destinations in the Americas Reply
PORT-AU-PRINCE, Haiti, Jan. 4, 2013 /PRNewswire/ — Haiti is one of the safest destinations; not just in the Caribbean, but throughout all the Americas. This is the general finding of recent studies on crime in the region which show that Haiti has the lowest rate of violent deaths in comparison to previous years. More…
IDB supports upgradation of Haitian apparel factory Reply
Inter-American Development Bank
The new company Industrial Revolution II LP (IRII) will receive a loan of up to $1 million from the Inter-American Development Bank (IDB), allowing it to retrofit and equip a garment factory in Port-au-Prince and train workers living at the base of the economic pyramid in Haiti. IRII’s project to introduce high-end manufacturing in Haiti is sponsored by an investment group that is headed by Joelle Berdugo Adler, the founder of the Montreal-based ONExONE Foundation, which operates in Canada, the United States and Haiti; Richard Coles, a Haitian textile executive, and Robert Broggi, a Boston-based finance industry executive. More…
Statement by the IMF Mission to Haiti 1
Reposted from Bloomberg
By Ainhoa Goyeneche
Following is the text of the mission statement from the International Monetary Fund visit to Haiti:
A mission from the International Monetary Fund (IMF) headed by M. Boileau Loko visited Port-au-Prince from June 4 to 8, 2012 for discussions related to the Fourth Review under the Extended Credit Facility (ECF) arrangement.[1] The mission met with Prime Minister, Laurent Lamothe, Minister of Economy and Finance, Marie Carmelle Jean-Marie, Minister Delegate responsible for human rights and combating extreme poverty, Marie Carmèle Rose Anne Auguste, Governor of the Bank of the Republic of Haiti Charles Castel, other senior government officials, and representatives of the banking sector and development partners. More…
Four Measures to Facilitate Investments in Haiti Reply
Reposted from: http://www.defend.ht
PORT-AU-PRINCE, Haiti (defend.ht) – Four measures to enable investment in Haiti have been adopted following the First Forum of the General Assembly on Investment, announced Wednesday the Minister-resigned of Trade and Industry Wilson Laleau pulling a positive assessment of the event.
“The goal of this activity,” reported Haiti Press Network, was to bring together key stakeholders to identify factors acting as barriers to investment and to provide solutions,” said Laleau.
Haiti – Technology : Subsidies transfer via mobile phone ! Reply
Reposted from Haitilibre.com
Money transfers by mobile phone for home repairs in Haiti, a world first. Since early March, Haitian families began receiving cash payments through the first mechanism of money transfer via mobile phones to support housing reconstruction after the disaster.
More than 2,000 mobile money transfers are planned in the next three months to 1,000 low-income families receiving subsidies totaling US$500 to purchase construction materials such as cement, iron and wood at selected project-certified stores for high-quality assurance at affordable prices. More…
