Trade

International Trade

Portia To Join Long List of World Leaders At Mandela’s Funeral. Queen To Be Absent

Jamaica Observer Cartoon Reflecting Current Views on Portia Simpson-Miller's Frequent Flights

According to the Daily Mail ‘Elaborate funeral plans have been set in motion in South Africa following the death of the country’s revered first black president Nelson Mandela.’

‘The memorial, expected to last ten days, will be an unparalleled event in South Africa’s history, drawing a plethora of foreign dignitaries of every stripe, royals and a smattering of celebrities.’, the report continues.

Of course this function would not have been complete without the attendance of Jamaica’s own Prime Minister and her ‘delegation’. Continue Reading

Macroeconomic, Trade

Since It Doesn’t Meet Their Requirements, Why Are The Goat Islands Still Being Considered?

They’re 617 acres combined and were transferred from the Commissioner of Lands on September 21, 1970 to the Urban Development Corporation. Can you guess what they are? Can you? THE GOAT ISLANDS! (Apparently there are two islands with the first being 465 acres, one rood and six perches while the 2nd island is 152 acres, two roods and 77 perches). A rood is A measure of land equal to 1/4 acre, or 40 square rods (0.10 hectare) and a perch is a linear measure equal to 5.50 yards or 16.5 feet (5.03 meters); a rod.

Sure you have heard that the government of Jamaica is having talks with the Chinese government to construct a trans-shipment port on the islands, as a part of the Jamaican government’s initiative to launch its Logistics Hub project.

But, the geography of the Goat Islands do not meet the criteria put forth by China Harbour Construction & Engineering Company for the successful construction of the port. As Daraine Luton, Senior Staff Reporter for the Gleaner reports;

“The available acreage at Goat Islands, which China Harbour Construction and Engineering Company wants for the construction of a trans-shipment port and industrial park, is less than the desired amount of the lands the Chinese are seeking for the project.”

The archipelago, located off the coast of Old Harbour, St Catherine, which is the property of the Urban Development Corporation, has 617 acres, which is far less than the 3,000 acres which Robert Pickersgill, the minister of land, environment and climate change, said is needed for the development.

If the Goat Islands are not a befitting home for the trans-shipment port, why are they still being considered as a possible site? If you know, please enlighten us in the comments section below.

Macroeconomic, News Ticker, Trade Tagged ,

Economy or Enviroment:Jamaican Government Bamboozled?

The most popular topic in Jamaica for the last few days has been the government’s creation of a logistics hub and the sudden increased interest by a set of investors in a ‘protected’ area of the country, targeted for investment. However questions abound as to the intention of the investors and the benefit for the country. Continue Reading

Macroeconomic, News Ticker, Trade Tagged

What’s At The Heart Of All This Goat Islands, Logistics Hub Argument – J-O-B-S!

While Minister of Industry, Investment and Commerce Anthony Hylton is urging the public to exercise patience in making a judgement on the proposed development of Goat Islands as a trans-shipment and logistics port, it doesn’t go unnoticed that at the heart of all this argument the key issue is clear, the economy yes, but also J-O-B-S! Continue Reading

Macroeconomic, News Ticker, Trade Tagged ,

10 Basic Questions About The Logistics Hub

Not to be left out of the mix, Barry Wade, PhD, chairman of Environmental Solutions Ltd, a Jamaican Environmental company gave his take on the construction of the logistics hub (which has really come to the fore even more with the recent revelation that the Chinese are interested in a very well positioned, but protected piece of environmental property).

He brings us through a 10 step crash course on how to build a logistics hub, asking very important questions along the way.

Macroeconomic, News Ticker, Trade Tagged

Leave Goat Islands Alone: -4,000 Jobs + 4,000 Jobs = Zero Jobs!

The Goat Islands have become a topic of many discussions within the past few weeks. The location rose to fame when news surfaced that it was being considered to be one of the locations for the development of transshipment ports in Jamaica, as apart of the government’s plan to create a logistics hub to facilitate the efficiency and promotion of international trade and provide new and innovative economic opportunities for the country. Continue Reading

Macroeconomic, News Ticker, Trade Tagged ,

China’s Clearly Moving Into The Caribbean! St. Kitts & Nevis Launch Agro-Tourism Farm

St. Kitts and Nevis’ agricultural industry stand to be boosted by the interest of Taiwan’s President Ma Ying-jeou.

The Agro-Tourism Demonstration Farm at Sir Gilles (which was a joint initiative between St. Kitts and Nevis as well as the Republic of China, [Taiwan]) has been praised by Taiwanese President His Excellency Ma Ying-jeou. He regards the venture as a manifestation of the symbiotic relationship between the two countries. Continue Reading

Macroeconomic, News Ticker, Trade Tagged

China Thinks We’re Lazy, Really…

Lazy construction worker

A former Chinese ambassador to the Caribbean is of the view that we Caribbean nationals have a ‘two-party system’; party by day, party all night. How do you feel about that?

On this premise, he chose to state that we prefer to party than to work, and that is the reason for their (the Chinese) advancement in our region where construction projects and the like are concerned; that, and the fact that Caribbean governments pressure the Chinese officials to deliver projects quickly. Continue Reading

Macroeconomic, Trade