Haitian Money

In Haiti, Investors Plant Strategic Fuel and Storage Hub in Bay of Port-au-Prince

TIROBU, Haiti (sentinel.ht) - "Today is an example for foreign direct investment in Haiti. It is an example of a local Haitian company and foreign company, coming together with the state to accomplish wonders." With these words, the Prime Minister of the Republic cut the ceremonial ribbon of what will be the Western Hemisphere's premiere feuling and natural gas storage terminal located in the Bay of Port-au-Prince.

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Dominican Industries protest Haiti ban on plastic, styrofoam

SANTO DOMINGO, Dominican Republic (defend.ht) - The Dominican Republic Association of Industries (AIRD) protested Thursday against the Haitian government for its "extreme" decision to ban, from August 1st, the production, import, marketing and any commercial use of polyethylene bags or styrofoam containers.

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New Haitian Air Carrier Plans Port-au-Prince Hub

PORT-AU-PRINCE, Haiti (defend.ht) - Sunrise Airways, a new start-up airline based in Port-au-Prince, Haiti, plans to expand its route network in 2013, launching new services to Kingston, Jamaica, and Providenciales, Turks and Caicos Islands, as first steps toward establishing a hub in Port-au-Prince to better serve air travel needs within the Western Caribbean.

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World Bank gives Haiti $20M to tidy public records

PORT-AU-PRINCE, Haiti (defend.ht) - The Haitian Government received on Thursday a budgetary support of $ 20 million from the World Bank with the aim, among others, to improve the efficiency of public spending in Haiti, especially in the system of accountability and making them more transparent.

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Electricité d'Haiti is $ 60 million in debt, says Director General

PORT-AU-PRINCE, Haiti (defend.ht) - The Director General of Electricity d'Haiti (EDH), Andress Apollon said earlier this week that EDH is $ 60 million in debt and the Ministries of Finance and Public Works launched the process for the creation of an inter-ministerial commission to renegotiate contracts with three suppliers Haytrac, Sogener and E Power.

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Electricité d’Haïti "deplores and rejects" Dominican Republic deal rumors

PORT-AU-PRINCE, Haiti (defend.ht) - In a press note, Electricite d'Haiti (EDH) vehemently "deplored and rejected" information emanating from certain media regarding the circumstance of the energy sector and business dealings with the Dominican Republic.

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Haiti-DR border markets and traffic in paralysis

DAJABON, Dominican Republic (defend.ht) - A private bus with passengers is stranded on the Haiti side of the border unable to enter. On strike, Federation of Carriers President said "the Dominican people have the ability to paralyze this market and get respect" faced with what he considered an affront, the ban on Dominican poultry products in Haiti.

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SAETA signs $1 Million contract to dress Haiti National Teams

PORT-AU-PRINCE, Haiti (defend.ht) - A week before the two-test matches of Les Grenadier respectively against Spain in Miami and Italy in Brazil, the Haitian Football Federation (FHF) announced through Robert Yves Jean-Bart, a $1 Million contract with the Colombian supplier SAETA, a sponsorship deal to dress all different national teams in the country.

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IMF reduces by 50% projections of economic growth for Haiti

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.

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JetBlue tickets to Haiti on sale Now for as low as $134.00

NEW YORK, USA (defend.ht) - JetBlue has announced its prices for non-stop flights from New York's JFK Airport or the Fort Lauderdale Airport to Toussaint Louverture International Airport in Port-au-Prince. These tickets that are on sale now are $159 one way from New York and $134 one way from Fort Lauderdale, Florida.

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Caribbean Community launches "Aid for Trade" strategy

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.

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Haiti: Bankers warn money laundering, terrorism financing law deadline approaches

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.

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Global Index: Peace grows in Haiti despite a World in Conflict

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.

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Electricité d’Haïti inaugurates power plant and administration in Fort Liberté

FORT LIBERTE, Haiti (defend.ht) - Electricite d'Haiti (EDH) inaugurated a new power plant and announced the opening of a new Commercial and Administrative Building of the Northeast in Fort Liberté. Along with supplying the area with 5 MW of electricity, now customers in Fort-Liberté, Derac, Ferrier, Ouanaminthe, Terrier Rouge, Trou du Nord and surrounding areas can obtain service from the electric company.

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Haiti: Explosion sets Government Building and Marche du Port on Fire

PORT-AU-PRINCE, Haiti (defend.ht) - An explosion at the Maritime and Navigation Service of Haiti building set off a fire that overtook the two-story government structure and the Marche du Port next door.

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"LajanCash": Haiti National Credit Bank incorporates mobile banking

PORT-AU-PRINCE, Haiti (defend.ht) - The National Credit Bank (BNC) launched on Friday, May 24, 2013, at the Royal Oasis, a new product in the banking market, the electronic wallet, "LajanCash." This product will allow any user of a mobile phone to easily and safely make online purchases, receive wages, transfer money, make deposits and withdrawals through ATM machines in the BNC.

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Yunus taps Brazil Foods to develop poultry industry in Haiti

SAO PAULO, Brazil (defend.ht) - Nobel Peace Prize-winning economist, Mohammed Yunus, announced an investment in the Brazilian food production giant, Brazil Foods (BRF), to establish operations in Haiti and develop its poultry industry after a feasibility study in rural and urban processing and research on animal genetics and technology of food for birds was undertaken.

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Haiti: Central Bank Governor responds to declining exchange rate

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.

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White-Mark Entertainment contracts with Caribbean Fever Music Festival at Barclays Center

NEW YORK, USA (defend.ht/DML) - May 22, 2013: Today White-Mark Entertainment (WME) announced its contract with the 2013 Caribbean Fever Music Festival, a premier celebration of Caribbean cultures, cuisine, fashion and music. Presented in partnership with Irie Jamboree, Inc., the Caribbean Fever Music Festival is a three-day live event taking place during Labor Day Weekend on Friday, August 30 through Sunday, September 1, 2013 at the landmark Barclays Center in downtown Brooklyn, New York.

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Two more shipments of rice from Vietnam to arrive in Haiti soon

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.

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Book reviews

Haiti Noir

Book Review

The anthology edited by Edwidge Danticat puts a uniquely Haitian spin on the crime genre

"Danticat has succeeded in assembling a group portrait of Haitian culture and resilience that is cause for celebration." - Publishers Weekly