Investment Never Looked Better

02 Sep 2016
Promoting the Caribbean at the WIF 2016

Santo Domingo, Dominican Republic, August 29, 2016: The Caribbean Export Development Agency (Caribbean Export), the Caribbean Association of Investment Promotion Agencies (CAIPA), and the IPAs of Haiti and the Dominican Republic participated in the United Nations Conference on Trade and Development's (UNCTAD) World Investment Forum 2016. Held in Nairobi, Kenya from July 17-19, 2016, within the framework of the 10th European Development Fund (EDF) Haiti-DR Bi-national Programme, the World Investment...

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31 Aug 2016
Domaine Resort Development Project underway

The sod turning ceremony for the Domaine Resort Development Project was held on 25th August 2016. The project aims to bring economic development and activity to the community of Choiseul.

The US$6 million tourism project will boast 20 villas falling under the conceptual resort category of chic boutique hotel.

Minister in the Office of the Prime Minister with responsibility for Tourism, Information and Broadcasting, Hon. Dominic Fedee, commented on the popularity of the resort type and the way in which...

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30 Aug 2016
Here’s Why Caribbean Bankers Are Giving The IMF Chief A Thumbs Up

CASTRIES, St. Lucia, Saturday August 27, 2016 - The Caribbean Association of Banks Inc. (CAB) is strongly supporting IMF Managing Director Christine Lagarde's proposed approach to dealing with the de-risking/correspondent banking issue that threatens some regional economies. It's her suggestion that "it is a collective action problem that calls for a collective solution" that is getting her a thumbs up from the CAB.

De-risking is where international banks limit or terminate their relationships with...

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25 Aug 2016
Prime Minister reports on Asia trip

Prime Minister Allen Chastanet journeyed to the People's Republic of China at the invitation of investor and Chairman of Desert Star Holdings Limited, Teo Ah Khing.

Mr. Ah Khing has applied to establish a multi-billion-dollar resort development in Saint Lucia dubbed, the "Pearl of the Caribbean".

The Prime Minister noted that he is confident that the track record of Desert Star Holdings (DSH) along with other equine investments is above board and in good standing. The Prime Minister said his host has...

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24 Aug 2016
Caribbean tourism businesses must adapt to succeed

MIAMI, United States, Sunday August 21, 2016 - The President of the Caribbean Hotel and Tourism Association (CHTA), Karolin Troubetzkoy sees the upcoming Caribbean Hospitality Industry Exchange Forum (CHIEF) as an opportunity for hotels and tourism-related businesses to take stock and to "open our eyes to the bigger picture, which is so important if we want to succeed not only as individual businesses and destinations, but also as a region."

Speaking to reporters earlier this month in Miami, where CHTA...

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19 Aug 2016
Government honors local family

For Invest Saint Lucia, the following article is testament to the country's value proposition, as well as the success and sustainability of investments.

 

The Saint Lucia government recently acknowledged the 50-year contribution of the Barnard family to the growth of the hospitality sector.

The Government of Saint Lucia has paid tribute to a local family for its contribution to the development of Saint Lucia's tourism industry.

On Aug. 16, government officials led by Prime Minister Hon. Allen...

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12 Aug 2016
World Bank and Caribbean Export Partner to Strengthen Early-Stage Investment in the Caribbean

Caribbean entrepreneurs stand to benefit from a partnership between the Caribbean Export Development Agency (Caribbean Export) and the World Bank Group. This partnership seeks to bring greater access to finance as the region's angel investment ecosystem develops.

The new programme, LINK-Caribbean, aims to stimulate private investment into early-stage enterprises by providing funding products that help entrepreneurs raise capital. The program will also develop a Regional Angel Investor Network (RAIN...

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08 Aug 2016
The Government of Saint Lucia clears the air on the Framework Agreement with DSH

The Government of Saint Lucia has been alerted to the many comments, queries, concerns and expressed views that have been circulating in the media since the July 29th announcement of the proposed integrated development project of Desert Star Holdings. The Government welcomes any questions and scrutiny that naturally follows from such a potentially transformative project, which promises to significantly reduce unemployment levels, enhance the tourism, sporting and entertainment product, widen the...

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08 Aug 2016
Why the Caribbean is Drawing Investment from China

The following is an article penned by Dr. Johnny Hon, which gives his perspective on why the Caribbean is attractive to Chinese Investors. It was first published in the August 5th edition of Caribbean Journal. Dr. Johnny Hon is the founder and Chairman of Global Group, an angel investment and venture capital business that helps international businesses to grow with the benefit of Chinese investment and mentorship. He is also the Ambassador-at-Large for Grenada.

 

Why the Caribbean is so attractive to...

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04 Aug 2016
Saint Lucia:Inspiring Green Economy Transitions among SIDS and in the Caribbean Region

The Government of Saint Lucia has taken significant steps to ensure that the transition towards a green economy, in alignment with the 2030 Agenda for Sustainable Development, is a major focus of its national development strategy. Saint Lucia is a Small Island Developing State (SIDS) with limited human, natural, and institutional resource bases, however the country is overcoming these challenges with a concerted effort to green its tourism industry, diversify agriculture for food security, and transform...

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