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- posted by Marina Vatav - 1,861 views - 0 comments - 0 likes
Remittances sent to Haiti last year decreased by 3.4% compared to 2011, according to the "Remittances to Latin America and the Caribbean in 2012" study released by the IDB.
In 2012, the Diaspora sent $1.99 billion to Haiti, which represented 25% of the country's GDP, by far the highest rate...
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- posted by Marina Vatav - 1,274 views - 0 comments - 0 likes
Hotel facilities are growing in Haiti. This year Haiti reported the largest expected room supply growth in the region, +58.2%, if all 560 rooms in the country’s total active pipeline open, according to SRT.
Despite the yearly growth, Haiti has only about 2,500 hotel rooms, compared to the D...
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- posted by Marina Vatav - 1,556 views - 0 comments - 0 likes
Haiti's economy is projected to grow 6.5% in 2013 - the highest growth projection in the Caribbean according to the latest World Economic Outlook report released by the International Monetary Fund. The report predicts continues growth by 6.3% in 2014 and 5.4% in 2015.
Last year, Haiti's econ...
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- posted by Marina Vatav - 1,176 views - 0 comments - 0 likes
Port-au-Prince, Haiti, April 22, 2013 – IFC, a member of the World Bank Group, is training 19 bankers in Haiti to help them improve their trade finance operations, reduce risks and better serve small and medium enterprises, which are the backbone of Haiti’s economy.
Through its advisory...
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- posted by Marina Vatav - 1,912 views - 0 comments - 0 likes
On April 16, Minister of Trade and Industry Wilson Laleau, was inaugurated as the new Minister of Economy and Finance after the former Minister Marie Carmelle Jean-Marie has presented her resignation letter a week earlier.
Laleau has been the Minister of Trade and Industry since November 20...
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- posted by Marina Vatav - 1,522 views - 0 comments - 0 likes
BOONSBORO, MARYLAND - APRIL 2013. Haiti Business Week (HBW), the leading online Business magazine on Haiti, partners with The Haitian Times, the New York-based digital news magazine that has been covering the Haitian Diaspora and Haiti for over a decade, to bring its readers more business and lifest...
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- posted by Marina Vatav - 1,118 views - 0 comments - 0 likes
The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment facility at the Parc Industriel Métropolitain in Port...
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- posted by Marina Vatav - 1,229 views - 0 comments - 0 likes
The Best Western Premier, the first Haitian hotel with a US chain affiliation and the first Best Western Premier in the Caribbean, opened its doors on March 28 to welcome its first visitors.
Located in the prestigious Petion-Ville area, the hotel has a modern style and was designed for the ...
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- posted by Marina Vatav - 1,460 views - 0 comments - 0 likes
A new Haiti reforestation initiative called "Haiti Forest" was launched on March 10, 2013. It is a Social Business initiated by Nobel Peace Prize Laureate Professor Muhammad Yunus, founder of Yunus Social Business; Former US President Bill Clinton, and Richard Branson, founder of Virgin Unite.
&nbs...
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- posted by Marina Vatav - 1,193 views - 0 comments - 0 likes
The Overseas Private Investment Corporation (OPIC) and the Development Innovations Group (DIG) signed an agreement yesterday establishing a financing facility for low-income housing in Haiti.
OPIC is providing $17 million in a long-term loan to DIG, a Maryland-based finance and development ...
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