Why Airlines Need Competition .
Caribbean Business in Brief
CaribWorldNews, NEW YORK, NY, Fri. Jan. 25, 2008: Dominican officials have confirmed that plans to build an oil refinery with Venezuelan assistance will go ahead, despite objections from local environmentalists. Reginald Austrie, Minister for Housing, Lands & Telecommunications in Dominica, dismissed claims by the local Waitukubuli Ecological Foundation that the refinery will pollute the lush Caribbean country, which markets itself as the region's `Nature Island.`
Venezuelan President Hugo Chavez this month announced his government would build the refinery to process Venezuelan crude for developing islands across the eastern Caribbean, as part of Petrocaribe, a regional initiative that sells 14 Caribbean nations discount fuel. Dominican Prime Minister Roosevelt Skerrit has said construction will begin as soon as a study of the refinery's environmental impact is completed. The government said that the US$50 million refinery will produce about 10,000 barrels of oil a day.
President Bush among attendees for IDB Meeting
More than 8,000 attendees including President George Bush, the presidents of Mexico and Brazil, pop star Ricky Martin and Microsoft’s Bill Gates are expected for this year’s meeting of the Inter-American Development Bank in Miami. The April 4-8 meeting at the Miami Beach Convention Center is being dubbed as one of the biggest business events ever in South Florida. It's the first time the meeting convenes in Florida since 1987 and the first with a strong business and philanthropic focus.
The host committee aims to provide $7 million in cash and in-kind contributions for the mega-event, and about half of that has been secured from companies in Miami-Dade, Broward and Palm Beach counties, chairman Jorge Arrizurieta said. The meeting comes as the Washington-based bank funded by governments shifts its focus under new leadership. The IDB now seeks to boost the role of business and philanthropy to help develop economies in Latin America and the Caribbean.
The IDB features 47 countries as members, with 26 nations that borrow its funds. In 2007, the bank approved $9 billion in new financing, the largest volume since 1999. It long has ranked as the top source of multilateral finance for the Latin American region.
JetBlue to add St Maarten to its destination
JetBlue has announced that it will offer daily non-stop service between New York’s John F Kennedy International Airport and St Maarten. `We want our customers to travel in style and comfort, whether it's more legroom in our all-leather seats, free snacks, complimentary movies or our award-winning personal and sincere service,` said Dave Barger, CEO of JetBlue Airways. `They also deserve more affordable flights from the Northeast to the Caribbean, and we're excited to offer daily year-round fares that are almost 30 percent lower than pre-JetBlue fares from New York to the beautiful island destination of St. Maarten. Lower fares means you have more of your budget to spend in beautiful St. Maarten or one of our 10 other Caribbean destinations.`
Customers flying JetBlue to and from St. Maarten will travel in style aboard the airline's modern Airbus A320 fleet, which features all-leather seating and the most legroom in coach (based on average fleet-wide seat pitch for U.S. airlines), as well as complimentary first-run movies and bonus features from FOX InFlight on JetBlue's signature seatback televisions. - CaribWorldNews.com ***
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source: http://www.caribbeanworldnews.com/business_one.php?sid=932&a=4&cut=301&ad=business
CaribWorldNews, NEW YORK, NY, Fri. Jan. 25, 2008: Dominican officials have confirmed that plans to build an oil refinery with Venezuelan assistance will go ahead, despite objections from local environmentalists. Reginald Austrie, Minister for Housing, Lands & Telecommunications in Dominica, dismissed claims by the local Waitukubuli Ecological Foundation that the refinery will pollute the lush Caribbean country, which markets itself as the region's `Nature Island.`
Venezuelan President Hugo Chavez this month announced his government would build the refinery to process Venezuelan crude for developing islands across the eastern Caribbean, as part of Petrocaribe, a regional initiative that sells 14 Caribbean nations discount fuel. Dominican Prime Minister Roosevelt Skerrit has said construction will begin as soon as a study of the refinery's environmental impact is completed. The government said that the US$50 million refinery will produce about 10,000 barrels of oil a day.
President Bush among attendees for IDB Meeting
More than 8,000 attendees including President George Bush, the presidents of Mexico and Brazil, pop star Ricky Martin and Microsoft’s Bill Gates are expected for this year’s meeting of the Inter-American Development Bank in Miami. The April 4-8 meeting at the Miami Beach Convention Center is being dubbed as one of the biggest business events ever in South Florida. It's the first time the meeting convenes in Florida since 1987 and the first with a strong business and philanthropic focus.
The host committee aims to provide $7 million in cash and in-kind contributions for the mega-event, and about half of that has been secured from companies in Miami-Dade, Broward and Palm Beach counties, chairman Jorge Arrizurieta said. The meeting comes as the Washington-based bank funded by governments shifts its focus under new leadership. The IDB now seeks to boost the role of business and philanthropy to help develop economies in Latin America and the Caribbean.
The IDB features 47 countries as members, with 26 nations that borrow its funds. In 2007, the bank approved $9 billion in new financing, the largest volume since 1999. It long has ranked as the top source of multilateral finance for the Latin American region.
JetBlue to add St Maarten to its destination
JetBlue has announced that it will offer daily non-stop service between New York’s John F Kennedy International Airport and St Maarten. `We want our customers to travel in style and comfort, whether it's more legroom in our all-leather seats, free snacks, complimentary movies or our award-winning personal and sincere service,` said Dave Barger, CEO of JetBlue Airways. `They also deserve more affordable flights from the Northeast to the Caribbean, and we're excited to offer daily year-round fares that are almost 30 percent lower than pre-JetBlue fares from New York to the beautiful island destination of St. Maarten. Lower fares means you have more of your budget to spend in beautiful St. Maarten or one of our 10 other Caribbean destinations.`
Customers flying JetBlue to and from St. Maarten will travel in style aboard the airline's modern Airbus A320 fleet, which features all-leather seating and the most legroom in coach (based on average fleet-wide seat pitch for U.S. airlines), as well as complimentary first-run movies and bonus features from FOX InFlight on JetBlue's signature seatback televisions. - CaribWorldNews.com ***
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source: http://www.caribbeanworldnews.com/business_one.php?sid=932&a=4&cut=301&ad=business
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