Economy
Haiti wraps up 2013 Women, Creation and Production Trade Show
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- 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 “Voix Essencielle†- 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
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- 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 exports’ 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- Created on Tuesday, January 15, 2013 11:26 AM
Haitian Authorities Must Decrease Dependence on Foreign Assistance, says IMF
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- 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
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- 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
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- 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
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- 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 “a big difference in the education system.â€
USAID-Haiti Cash-for-Work Program is Underachieving
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- Created on Wednesday, October 03, 2012 7:20 AM
WASHINGTON, D.C. (defend.ht) - A USAID internal audit of the cash-for-work program in Haiti found that efforts had fallen short of expectations. Program leaders stuck with rubble-removal rather than diversifying reconstruction projects, did not meet employment goals, some as low as 32%, increased the risk for serious injury and may have enabled corruption by local government officials.
Salami Exporters in D.R. Losing Millions after Ban in Haiti
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- Created on Friday, September 28, 2012 3:57 PM
SANTO DOMINGO, Dominican Republic (defend.ht) - On Thursday, meat exporters in the Dominican Republic demanded an understanding between the Haitian and Dominican governments to lift a ban on importing salami meat into Haiti that is amounting to losses in the millions.
Haiti: Minimum Wage Increases to 200 HTG for Industrial Workers
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- Created on Friday, September 14, 2012 12:07 PM
PORT-AU-PRINCE, Haiti (defend.ht) - An October 1, 2009 bill signed into law by former President Rene Preval to raise the daily minimum wage from 70 HTG ($1.69 [US]) to 200 HTG ($4.82 [US]) will go into effect on October 1, 2012 the Minister of Social Affairs and Labour, Josepha Gauthier announced on Thursday.
Haiti: Carnaval des Fleurs was a Net Loss
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- Created on Saturday, September 08, 2012 10:34 AM
PORT-AU-PRINCE, Haiti (defend.ht) – Carnivals, whether in Les Cayes or in the capital city of Port-au-Prince, Haiti, are enjoyable, but not profitable in terms of government revenue. After an analysis of the cost/revenue report by the Minister of Culture and Chairman of the recent carnival committee that claimed a gain of 21 million HTG in revenue for the public treasury, we found it not to be true. The numbers add up to a net loss for the state of 46 million HTG.
Haiti: New Director to Facilitate Investment, Georges Andy Rene
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- Created on Wednesday, August 22, 2012 9:32 PM
PORT-AU-PRINCE, Haiti (defend.ht) - A new director of the Investment Facilitation Center, Georges Andy Rene, was formally installed on Tuesday and given the task of taking Haiti from its 174th ranking in countries to do business in, into the top 50 of nations.
Haiti: Gregory Mevs Named Chair of Pres. Council on Investment
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- Created on Saturday, August 18, 2012 3:58 PM
PORT-AU-PRINCE, Haiti (defend.ht) - On Friday, the Office of the Presidency announced Gregory Mevs would co-Chair with former U.S. President Bill Clinton the Presidential Advisory Council for Economic Development and Investment (CCPDEI).
