Haitian Money

Haiti: State electricity company disconnected for arrears of payment

PORT-AU-PRINCE, Haiti (defend.ht) - Less than a week after Prime Minister Laurent Lamothe promised 24-hour electricity throughout Haiti within 6 months, the state-run company, Electricite d'Haiti, was disconnected for being 3-months in the arrears, putting the entire greater metropolitan area of Port-au-Prince in blackout.

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Dominican farmers fear loss of crops without Haitian laborers

SAN JUAN de la MAGUANA, Dominican Republic (defend.ht) - More than 20 major farm and livestock associations on Thursday warned Dominican authorities that 90% of their more than 9,400 hectares of crops could perish if Haitian laborers aren't allowed into the country.

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Doing Business in Haiti gets more difficult

PORT-AU-PRINCE, Haiti (defend.ht) - According to the World Bank, doing business in Haiti has become more difficult despite the Martelly/Lamothe administration's slogan that "Haiti is Open for Business." From 2011 to 2012 the institution, which has a large stake in the current administration, said Haiti had fallen 8 slots, from being ranked 166 to 174.

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Another Fire Destroys Public Market in Tabarre

PORT-AU-PRINCE, Haiti (defend.ht) - The public market of Tabarre again suffered a devastating firing that destroyed the merchandise and shops of more than 200 small businesspersons. Victims who received no assistance since the previous fire destroyed the marketplace in February, were promised by the Haiti government assistance in securing more loans at preferential rates.

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Haiti: Two Gold, Copper Exploitation Permits Awarded to Foreign Companies

PORT-AU-PRINCE, Haiti (defend.ht) - After years of exploration, two mining permits were awarded to two companies based in Canada and the U.S. to openly mine for gold and copper in Haiti. Many still worry the mines will be a boom for foreign investors and a bust for local communities.

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Haitian Authorities Must Decrease Dependence on Foreign Assistance, says IMF

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.

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Haiti Not Ready for Return of Big Business, says Human Rights Expert

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."

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Haitian Drivers Strike against Tax Hikes

PORT-AU-PRINCE, Haiti (defend.ht) - Drivers began a general strike on Monday, promising not to transport anyone until the Haitian government returns on its decision to impose an increase in taxes on drivers' incomes and commercial licenses.

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Karibe Hotel looks to double capacity in expansion

BOSTON, USA (defend.ht) - Haiti's premier hotelier Richard Buteau has commissioned J/Brice Design International to design a new wing for The Karibe Hotel & Spa that will include 100 luxury guestrooms, as well as an upscale eatery and entertainment venue with rooftop terraces and commanding sea views.

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New Haitian Digital Television Channel coming to South Florida

MIAMI, USA (defend.ht) - For Morrocan film producer Claude Mancuso the digital revolution has been a rebirth. The man who founded the Haitian Television Network of America in South Florida back in 1988 closed his local station in 2006. The availability of more channels through digital television has allowed him to get back in the business of Haitian television.

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Official Opening of the Caracol Industrial Park

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.

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Muhammad Yunus announces financing for Haitian businesses

PORT-AU-PRINCE, Haiti (defend.ht) - Nobel peace price laureate Muhammad Yunus announced that his group would providing loans and equity investments to several Haitian businesses. The financing will range from $80,000 to $500,000 with interest rates from 6-10%.

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New tax on alcohol and tobacco in Haiti

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.”

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USAID-Haiti Cash-for-Work Program is Underachieving

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.

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Digicel Entrepreneur of the Year Finalists: Building the Economy of Tomorrow

PORT-AU-PRINCE, Haiti (defend.ht) - Digicel Entrepreneur of the Year in Haiti, a country facing many economic problems is entering its third edition and there have been more applications received than in previous years.

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Salami Exporters in D.R. Losing Millions after Ban in Haiti

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.

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Haiti: Digicel Announces Closing of Voila

PORT-AU-PRINCE, Haiti (defend.ht) - Six month's after Digicel acquired Voila, it announced that the Voila network and company will be closing on October 15.

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Haiti: Minimum Wage Increases to 200 HTG for Industrial Workers

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.

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Haiti: Carnaval des Fleurs was a Net Loss

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.

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Haiti - Open Letter to President: Businessman Announces Lawsuit against Government

PORT-AU-PRINCE, Haiti (defend.ht) - André Apaid Jr, the businessman abased on Monday at the Toussaint Louverture International Airport, being prohibited from traveling abroad, over allegations of unpaid taxes, released a critical open letter to President Michel Martelly ultimately announcing intentions to sue the government.

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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