Haitian Money
US dollar shortage in Haitian banks
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- Created on Friday, December 09, 2011 1:24 PM
PORT-AU-PRINCE, Haiti (defend.ht)-Thursday, Prime Minister of Haiti, Garry Conille, confirmed that there is a U.S. dollar shortage problem in Haitian banks, adding the economy is "extremely stable" and there no need to worry because corrective action was taken.
Haiti: Maxime Charles Explains Liquidity Problem in Banking System
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- Created on Friday, December 09, 2011 12:04 PM
PORT-AU-PRINCE, Haiti (defend.ht) - On Thursday the President of the Professional Association of Bankers (PAB) explained the liquidity problem within the banking system to be cash for work programs that are paying in checks. He suggested Haitians adopt modern forms of money handling.
Recap of IDB Haiti Reconstruction Investment Forum Miami
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- Created on Thursday, December 08, 2011 8:01 PM
MIAMI, USA (defend.ht) - The Inter-American Development Bank (IDB) hosted the Haiti Reconstruction Forum held on Thursday, December 8, in Miami Florida. It was an investment forum to get U.S. private sector engagement in Haiti.
IDB Holding Invest in Haiti Reconstruction Forum in Miami, December 8
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- Created on Wednesday, December 07, 2011 6:52 PM
MIAMI, USA (defend.ht) - The Inter-American Development Bank (IDB) will host a forum for getting U.S. private sector engagement in Haiti.
Haitian Banks Report Mysterious Loss of U.S. Currency
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- Created on Monday, December 05, 2011 10:04 AM
PORT-AU-PRINCE, Haiti (defend.ht) - Haitian banks announced Thursday a scarcity in U.S. dollars in the Haitian financial system as a result bankers have been only able to allow withdrawals of up to $500.00 [US] which require a 24-48 hour waiting period.
World Bank Endorses $255 million [US] 2012 Strategy for Haiti
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- Created on Thursday, December 01, 2011 7:01 PM
WASHINGTON, D.C. (defend.ht) - The World Bank Board of Directors endorsed a $255 million [US] 12-month strategy for Haiti that will allocate $70 million [US] towards "education for all", $60 million [US] towards disaster risk management and $50 million [US] to relaunch agriculture.
Haiti’s Gold Mining Potential
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- Created on Thursday, December 01, 2011 12:02 PM
VANCOUVER, Canada (defend.ht) - With gold prices climbing to ever-greater heights and many analysts expecting the momentum to gain still further, investing in gold mines would seem like a logical step forward.
IADB Pledges $1 Billion to Haiti over Next 5 Years
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- Created on Thursday, December 01, 2011 10:07 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Interamerican Development Bank (IDB) Wednesday pledged to provide $ 1 billion [US] to Haiti over the next five years, said the representative of the country in the bank, the agronomist Ericq Pierre, at the end of the two-day forum on investment in Haiti, which was attended by hundreds of foreign businessmen.
Colombia, IADB Agreement to Boost Haitian Coffee Production
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- Created on Wednesday, November 30, 2011 4:24 PM
PORT-AU-PRINCE, Haiti (defend.ht) - The Inter-American Development Bank (IDB) and the Colombian Federation of Coffee Growers Tuesday signed an agreement to increase coffee production in Haiti outside the forum of investment in Haiti.
One Tragedy of Foreign Investment in Haiti
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- Created on Wednesday, November 30, 2011 11:24 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Haitian government's struggling telecommunications company, TeleCo, was purchased by Vietnamese telecom, Viettel, in late 2010. It was a much needed foreign investment but lacking sufficient government regulation, the investment was tragic to hundreds of state employees.
American Airlines Files for Bankruptcy, Expects to Continue Operations
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- Created on Tuesday, November 29, 2011 10:31 AM
FORT WORTH, USA (defend.ht) - NYSE:AMR, the parent company of American Airlines filed for bankruptcy on Tuesday and pledged to emerge as a stronger carrier in a move that could prompt another bout of industry consolidation and present a stern test for regulators.
First Stone of $78M[US] Northern Haiti Industrial Park Laid
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- Created on Tuesday, November 29, 2011 7:31 AM
CARACOL, Haiti (defend.ht) - On Monday, the Haitian government, Inter-American Development Bank (IDB) and Korean apparel manufacturer, the SAE-A Company, laid the first stone of a year long project to construct an industrial park in the northern city of Caracol in Haiti.
173-room Marriot Hotel coming to Port-au-Prince, Haiti
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- Created on Monday, November 28, 2011 9:35 PM
PORT-AU-PRINCE, Haiti (defend.ht) - Unigestion Holding, a subsidiary of Digicel Group has inked out a deal with Mariott Hotels & Resorts to bring a 173-room hotel, at the cost of $45 million [US], to Port-au-Prince by the summer of 2014.
Foreign Contractors Arrive in Haiti, Monday for Investment Forum
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- Created on Monday, November 28, 2011 8:01 AM
PORT-AU-PRINCE, Haiti (defend.ht) - A large delegation composed of foreign entrepreneurs and contractors, headed by former U.S. President Bill Clinton, and President of the Inter-American Development Bank (IDB), Luis Alberto Moreno arrived in Haiti on Monday to participate in a conference of investment in Haiti.
Two-Day Forum for Investing in Haiti, November 29-30
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- Created on Saturday, November 19, 2011 10:33 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Haitian government is hoping to bring together hundreds of Haitian and foreign business people to a conference on investing in Haiti.
European Investors are Exploring the Haitian Market
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- Created on Wednesday, November 16, 2011 4:56 PM
PORT-AU-PRINCE, Haiti (defend.ht) - A delegation of investors from the Flemish region of Belgium and the Netherlands are currently visiting Haiti and have found interest in the Haitian market.
$4,600,000.00 [US] to Rehabilitate Haiti's International Airport
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- Created on Thursday, November 10, 2011 10:30 PM
PORT-AU-PRINCE, Haiti (defend.ht) - President Martelly went last Monday to the Toussaint Louverture International Airport to see the progress of the reconstruction of departure and arrival halls, damaged in the January 12, 2010 earthquake.
Haitian Group Acquires Chevron Assets in Jamaica, D.R. and St Maarten
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- Created on Wednesday, November 02, 2011 10:03 AM
PORT-AU-PRINCE, Haiti (defend.ht) - The Haitian Gilbert Bigio (GB) Group has acquired Chevron Caribbean Corporations energy distribution and sales assets in Jamaica, Dominican Republic and St Maarten, including the Texaco gas brand.
Northern Haiti Industrial Park Official Opening March 2012
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- Created on Monday, October 24, 2011 8:45 PM
CARACOL, Haiti (defend.ht) - The Northern Industrial Park will officially open in March 2012 and will offer opportunities for growth and industrial competitiveness in Haiti, DH has learned.
Microloan Pioneer Says 'Social Business' to Rebuild Haiti
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- Created on Friday, October 14, 2011 8:18 PM
PORT-AU-PRINCE, Haiti (defend.ht) - Economist Muhammad Yunus presented a concept called "social business" in a meeting with President Michel Martelly as a means for building Haiti's economy.
