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More than 30 companies from across Haiti’s private sector shared knowledge and best practices at the Corporate Governance Conference held on May 7th in Port-au-Prince.   Hosted by IFC, a member of the World Bank Group, the conference aimed at helping Haitian firms and family owned busin...
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Remittances sent to Haiti last year decreased by 3.4% compared to 2011, according to the "Remittances to Latin America and the Caribbean in 2012" study released by the IDB.   In 2012, the Diaspora sent $1.99 billion to Haiti, which represented 25% of the country's GDP, by far the highest rate...
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Hotel facilities are growing in Haiti. This year Haiti reported the largest expected room supply growth in the region, +58.2%, if all 560 rooms in the country’s total active pipeline open, according to SRT. Despite the yearly growth, Haiti has only about 2,500 hotel rooms, compared to the D...
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Haiti's economy is projected to grow 6.5% in 2013 - the highest growth projection in the Caribbean according to the latest World Economic Outlook report released by the International Monetary Fund. The report predicts continues growth by 6.3% in 2014 and 5.4% in 2015. Last year, Haiti's econ...
Port-au-Prince, Haiti, April 22, 2013 – IFC, a member of the World Bank Group, is training 19 bankers in Haiti to help them improve their trade finance operations, reduce risks and better serve small and medium enterprises, which are the backbone of Haiti’s economy. Through its advisory...
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On April 16, Minister of Trade and Industry Wilson Laleau, was inaugurated as the new Minister of Economy and Finance after the former Minister Marie Carmelle Jean-Marie has presented her resignation letter a week earlier.   Laleau has been the Minister of Trade and Industry since November 20...
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BOONSBORO, MARYLAND - APRIL 2013. Haiti Business Week (HBW), the leading online Business magazine on Haiti, partners with The Haitian Times, the New York-based digital news magazine that has been covering the Haitian Diaspora and Haiti for over a decade, to bring its readers more business and lifest...
The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment facility at the Parc Industriel Métropolitain in Port...
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The Best Western Premier, the first Haitian hotel with a US chain affiliation and the first Best Western Premier in the Caribbean, opened its doors on March 28 to welcome its first visitors.   Located in the prestigious Petion-Ville area, the hotel has a modern style and was designed for the ...
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A new Haiti reforestation initiative called "Haiti Forest" was launched on March 10, 2013. It is a Social Business initiated by Nobel Peace Prize Laureate Professor Muhammad Yunus, founder of Yunus Social Business; Former US President Bill Clinton, and Richard Branson, founder of Virgin Unite. &nbs...