IMF reduces by 50% projections of economic growth for Haiti
- Created on Thursday, June 13, 2013 11:57 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The International Monetary Fund lowered the projected economic growth of Haiti from 6.5% to 3.4% on Wednesday after a 9 day mission to the nation.
Caribbean Community launches "Aid for Trade" strategy
- Created on Wednesday, June 12, 2013 1:15 PM
PORT-AU-PRINCE, Haiti (defend.ht) - The "Aid for Trade" proposal of the Haitian delegation at the Council for Trade and Economic Development Meeting in Montego Bay, July 2010 was launched on Tuesday at the Royal Oasis hotel.
Haiti: Bankers warn money laundering, terrorism financing law deadline approaches
- Created on Wednesday, June 12, 2013 8:25 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The President of the Professional Association of Bankers (APB) on Saturday warned that the moratorium to pass an anti money laundering and terrorism financing law would end on June 15, and if the deadline is not met a cataclysmic collapse of the Haitian economy would ensue.
Global Index: Peace grows in Haiti despite a World in Conflict
- Created on Tuesday, June 11, 2013 9:10 AM
SYDNEY, Australia (defend.ht) - Although the world has become a less peaceful place in the past year, with levels of peace falling 5%, a yearly trend since 2008, the opposite is true for Haiti, resulting with a global ranking improvement of 15 slots; from 107 to 92 in the world.
Haiti: Central Bank Governor responds to declining exchange rate
- Created on Friday, May 24, 2013 7:19 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Bank of the Republic of Haiti on Thursday said "the fundamentals are in good shape and the economy is working very well in terms of macroeconomic stability," despite the rapid devaluation of the Haitian gourde to the U.S. dollar.
Two more shipments of rice from Vietnam to arrive in Haiti soon
- Created on Monday, May 20, 2013 1:55 PM
PORT-AU-PRINCE, Haiti (defend.ht) - After the arrival of a first, 10,000 ton shipment of rice in March from Vietnam, two other rice shipments, 15,000 and 18,000 tons, are expected to arrive in Haiti at the end of May and early in the month of June, respectively. On Friday, the Director of the Monetization Office of the Assistance Development Program, Michael Lecorps, said these shipments would reduce the high cost of life in Haiti.
Haiti wraps up 2013 Women, Creation and Production Trade Show
- Created on Monday, May 13, 2013 8:56 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Women, Creation and Production 2013 Trade Show, the 8th annual, organized by âVoix Essencielleâ - Femmes en Democratie, that took place this past weekend was an opportunity for women of different regions of the country to present their creations for export.
Haiti accounts for $1 billion [US], 25% of Dominican exports
- Created on Tuesday, May 07, 2013 3:48 PM
SANTO DOMINGO, Dominican Republic (defend.ht) - Excluding the free zones, Haiti is the top destination for Dominican exportsâ accounting for more than $1 billion, 25% of the market, not taking account informal exports and smuggling, a published Dominican report stated on Tuesday.
Haiti: 90% of investment budget is from Petrocaribe
- Created on Monday, May 06, 2013 8:03 AM
CARACAS, Venezuela (defend.ht) - Petrocaribe accounts for 90% of Haiti's budget for investment and has had a "stunning impact" on infrastructure development, the nation's economy and is currently being used to finance social projects such as Ede Pep.
7th Summit of PetroCaribe Nations begins May 4
- Created on Tuesday, April 30, 2013 11:48 AM
CARACAS, Venezuela (defend.ht) - The PetroCaribe Summit, that was postponed from March 25 because of the death of Venezuelan President Hugo Chavez and the country's elections will be held on May 4th, 2013 in Estado Nueva Esparta, Venezuela.
Haiti minimum wage higher than D.R. denounce Dominican Unions
- Created on Monday, April 29, 2013 3:08 PM
SANTO DOMINGO, Dominican Republic (defend.ht) - The National Center for Dominican Workers (CNTD) Monday termed it a "shame" that Haiti's minimum wage, following the increase set by former President Rene Preval, is higher than that of the Dominican Republic. This comes as Dominican President Danilo Medina has agreed to regularize the statuses of Haitian citizens working in the D.R., who usually earn even lower wages as undocumented workers.
Sources: There will not be an international airport in Les Cayes, South
- Created on Tuesday, April 16, 2013 12:26 PM
LES CAYES, Haiti (defend.ht) - The population in the city of Les Cayes are in dismay at information circulating that the government would not be able to keep its promise of constructing an international airport in this southern city. Residents are demanding an explanation but an official statement on the matter has not been released by the administration.
Haiti: Opening of the 3rd Summit on Finance and Applied Technology
- Created on Thursday, April 11, 2013 6:56 AM
PORT-AU-PRINCE, Haiti (defend.ht) - Le Group Croissance began Tuesday morning at the Karibe Convention Center in Petion-ville the 3rd edition of the Summit on Finance and Applied Technology, which will run from April 9 to 12 under the theme "Strengthening financial governance in Haiti."
Commerce Ministry presents actions for a new state of business policies
- Created on Thursday, March 14, 2013 5:19 PM
PORT-AU-PRINCE, Haiti (defend.ht) - The Ministry of Commerce and Industry presented at the Council of Ministers meeting on Wednesday, an actions matrix developed from the General State of Investment (EGI) conference held a year ago. These actions, Acts, will join the extensive backlog of legislative proposals that Parliament has been incapable of sitting on for nearly 2 years.
Six oil exploration permits awarded behind closed doors
- Created on Friday, February 01, 2013 3:23 PM
PORT-AU-PRINCE, Haiti (defend.ht) - While the senate was hearing information on gold and copper mining contracts being signed without public knowledge, some information was missed in the tears and sobbing of the Director of the BME. 6 oil permits had also been signed, that should have required a convention and the attention of lawmakers.
Doing Business in Haiti gets more difficult
- Created on Tuesday, January 15, 2013 11:26 AM
Haitian Authorities Must Decrease Dependence on Foreign Assistance, says IMF
- Created on Friday, December 07, 2012 8:30 PM
PORT-AU-PRINCE, Haiti (defend.ht) - On Thursday, the International Monetary Fund (IMF) called on Haitian authorities to make efforts to reduce the country's dependence on external assistance while adding that current GDP growth will not allow the country to be an emerging economy in 30 years.
Haiti Not Ready for Return of Big Business, says Human Rights Expert
- Created on Sunday, December 02, 2012 9:54 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The independent expert of the United Nations on the situation of human rights in Haiti, Michel Forst, announced on Friday after reviewing the human rights situation in Haiti, that "Haiti is not presently ready for the return of big business."
Official Opening of the Caracol Industrial Park
- Created on Wednesday, October 24, 2012 3:47 PM
PORT-AU-PRINCE, Haiti (defend.ht) - Michel Martelly presided over the official opening of the Caracol Industrial Park on Monday, October 22, 2012. The president welcomed the project launched by former President Rene Preval that is now the largest and most modern industrial park in the Caribbean and Latin America.
New tax on alcohol and tobacco in Haiti
- Created on Wednesday, October 10, 2012 8:24 AM
MIAMI, USA (defend.ht) - Prime Minister Laurent Lamothe said Monday the country is moving to increase taxes [on alcohol and tobacco] to raise $100 million to make âa big difference in the education system.â