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Caribbean Alternative Investment Association Launched

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Chairman of the recently launched Caribbean Alternative Investment Association (CARAIA), Christopher Williams (centre), exchanges pleasantries with Chairman, ICD Group Holdings, Joseph Matalon (right), while Chairman, Development Bank of Jamaica (DBJ), Paul B. Scott, looks on. (Photo Credit: JIS)

KINGSTON, Jamaica, Thursday November 28, 2019 – A new entity
has been launched aimed at fostering development of the local and regional
alternative investment industry.

The
not-for-profit entity, dubbed the Caribbean Alternative Investment Association
(CARAIA), will promote expansion of private equity, venture capital, real
estate, private capital, mezzanine financing and other alternative investment
instruments.

It is anchored
by the Development Bank of Jamaica (DBJ), through its Jamaica Venture Capital
Programme (JVCP). The DBJ has been able to mobilize members of Jamaica’s
investment community, as well as international fund managers, to participate in
establishing and operationalizing the association.

Speaking at the
official launch, Managing Director at the DBJ, Milverton Reynolds, said
CARAIA’s establishment is one of the deliverables under a technical agreement
with the Inter-American Development Bank (IDB) in 2016, for the establishment
of a private equity venture capital industry in Jamaica.

He said the DBJ
is pleased to have guided the process for the development of the Association,
which is private-sector led.

Reynolds said CARAIA
is “good for Jamaica and the wider Caribbean when taken against the background
that, globally, the Caribbean is being considered a block”.

“It, therefore,
means that the Association will become the voice that speaks collectively on
behalf of its members, thereby placing the Caribbean, more effectively, on the
world’s alternative investment stage,” he added.

CARAIA’s
strategic focus will be on research and information dissemination; advocacy at
the local, regional and international levels; fostering regional institutional
development, as well as governance and professional development of members.

Over the
short-term, the association will be Jamaica-focused, but the entity will target
the wider Caribbean and Central America over the medium to long-term.

The Advisory Council of CARAIA includes Chairman, Christopher Williams; Joseph Matalon; Nicholas Scott; Jason Morris; Keith Collister; Brian Frazer; Steven Gooden; and Audrey Richards.

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Haiti

Haitian opposition rejects new U.S. call for dialogue

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9 de diciembre de 2019, 13:43Port-au-Prince, Dec 9 (Prensa Latina) The opposition Consensual Alternative for the Refoundation of Haiti rejected on Monday the request for dialogue of the government of the United States, to solve the socio-political and economic crisis that afflicts the country.

After the visit of David Hale, U.S. Under Secretary of State for Political Affairs, the U.S. Embassy in Haiti again advocated dialogue among political actors, without preconditions or delays, which would allow the establishment of a legitimate government.

However, Andre Michel, spokesman for the Consensual Alternative, and one of the most hostile figures to the head of State Jovenel Moïse, insisted on his social networks that they will not cohabit with a president he describes as corrupt.

The U.S. embassy must respect the Haitian people, the lawyer posted on Twitter, and reiterated that the solution to the current crisis lies in the resignation of the president.

Hale arrived in Haiti last Friday, on his second visit in less than a year, and met with Moïse and representatives of the economic sector.

According to statements by the government, the meeting reaffirmed its commitment to dialogue with all sectors so that peace can return to the country, and announced that initiatives to solve the crisis are multiplying.

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Flights and Cruise Calls to Dominica Resume Following Elections

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The MV Marella Celebration docked at the Roseau Cruise Ship Berth today.

ROSEAU, Dominica, Monday
December 9, 2019
– Tourism officials in Dominica declared that the island was
open for business following the general elections, as cruise ships resumed
calls to the country and an airline that had cancelled flights restarted
service.

Leading up to last Friday’s elections in which the Dominica Labour Party (DLP) won a resounding 18-3 victory, there were pockets of unrest, primarily in the villages of Marigot in the northeast and Salisbury in the west of the island.

The disturbances resulted in some road blockages, which
caused delays and inconveniences for people travelling to the airport, although
it remained opened for flights and operated as usual.

Apart from cruise calls being cancelled just ahead of the
polls and then over the weekend, Seaboard Airlines had cancelled two flights
and rescheduled others.

But in a statement issued today, the Discover Dominica
Authority said that now that the elections are over, things are settling down
for normal business to resume.

“Dominica reaffirms that it is open to conduct business and
we welcome all our visitors to enjoy all that the nature island has to offer,”
it said.

The normal cruise schedule recommenced starting today, with
the MV Marella Celebration docked at the Roseau Cruise Ship Berth.

Seaborne Airlines also recommenced their normal schedule today.

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Haïti – Sécurité : L’État annonce de nouvelles mesures pour améliorer la sécurité au pays

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Haïti – Sécurité : L’État annonce de nouvelles mesures pour améliorer la sécurité au pays
10/12/2019 09:44:29

Haïti - Sécurité : L’État annonce de nouvelles mesures pour améliorer la sécurité au pays

Lundi en conférence de presse les Secrétaires d’État Ronsard St-Cyr (Sécurité publique) et Eddy Jackson Alexis (Communication) ont annoncé, que de nouvelles mesures sécuritaires avaient été adoptées par l’Exécutif afin d’accompagner la population haïtienne avant, pendant et après les fêtes de fin d’année « Le Ministère de la Justice, celui de l’Intérieur, le Secrétariat de la Sécurité publique et tout l’appareil étatique sont à pied d’œuvre pour assurer la sécurité de la population […] » a précisé Ronsard St-Cyr.

À cet effet, il a indiqué que la présence policière dans la zone métropolitaine et dans plusieurs régions du pays, notamment dans des zones stratégiques et a proximité des écoles avaient été considérablement augmenté.

Il a informé que deux unités spécialisées de la Police Nationale d’Haïti (PNH) : le Corps d’Intervention et de Maintien d’Ordre (CIMO) et de l’Unité Départementale de Maintien de l’Ordre (UDMO) sont positionnés de façon permanente sur la Route Nationale #2 entre Chalon et Petit-Goâve, la Route Nationale #1 entre Cabaret et Arcahaie afin de prévenir les actes de banditisme.

Il a également fait savoir que des mesures de renforcement avait été prise au niveau des zones frontalières pour lutter contre la contrebande d’armes et de munitions sur le territoire…

Concernant les activités des gangs, Ronsard St Cyr a indiqué que les autorités concernées détenaient des informations sur des groupes d’individus armés afin de procéder à leur arrestation au moment opportun…

Quant à l’insécurité croissante au bicentenaire et ses environs, il s’est limité à dire que les autorités policières continuaient de définir des stratégies pour rétablir l’ordre public en évitant des pertes collatérales.

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