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January 27, 2012

Haiti’s largest cell phone operator and one of the Caribbean’s most profitable is getting a new chief executive officer.


Read more here: http://www.miamiherald.com/2012/01/25/2608433/new-ceo-for-haiti-digicel-telecom.html#storylink#storylink=cpy
Digicel Group on Wednesday announced that Damian Blackburn, head of its Honduras operations, will take over in Haiti, replacing Haiti CEO Maarten Boute. Boute has led the company’s Haiti’s operations for the past three years, and is credited with its 1.5 million jump in subscribers and 60 percent increase in revenue despite the devastation of the January 2010 earthquake, a cholera outbreak and election chaos

January 7, 2012

The Clinton Bush Haiti Fund joins Haitians in looking ahead, rebuilding the country and creating economic opportunity. As of January 6, 2012, the Fund has committed close to $36M to programs promoting smart, sustainable economic development. Part of this support includes today’s announcement of $3.2M in financing and business services for small and growing enterprises.

WASHINGTON--(BUSINESS WIRE)--As the world remembers the earthquake that shook Haiti two years ago, the Clinton Bush Haiti Fund joins Haitians in looking ahead, rebuilding the country and creating economic opportunity. As of January 6, 2012, the Fund has committed close to $36M to programs promoting smart, sustainable economic development. Part of this support includes today’s announcement of $3.2M in financing and business services for small and growing enterprises.

December 1, 2011

January 1, 2004: First Investment Bank Launched in Haiti; Some Shareholders Have Dubious Pasts Seventy wealthy Haitians and Haitian-Americans officially launch Haiti's first investment bank, PromoCapital. The bank, a 50/50 joint-venture between Haitian and US shareholders, consists of two institutions: PromoCapital Haiti, SA—incorporated in Haiti as a "Societe Financiere de Developpement" —and PromoCapital USA, Inc,—a corporation registered in the state of Delaware.

November 30, 2011

This is a hotel of 54 rooms the hotel group's largest country has just opened in front of the Toussaint Louverture International Airport. This investment of six million, the group owner and Kinam Karibe, offers an attractive setting in the first hotel that combines comfort to earthquake standards.

"It is a pride for us to be one of the first hotels to open its doors after the earthquake of January 12. For there are many hotels and many other investments that are being done in this area. " This is how the young CEO of Servotel, Jean-Sebastien Buteau, said on receiving the news this Tuesday morning at the reception of this new hotel located on Toussaint Louverture Boulevard, not far from Guy Malary Terminal, Cargo Area.

November 1, 2011

Big pharma companies such as Abbott Laboratories, the Illinois-based company is donating the time of dozens of workers with expertise in food sciences and engineering, in addition to $6.5 million cash, to build a charitable, self-sustaining nutrition enterprise in Haiti,

By DUFF WILSON

PHARMACEUTICAL companies around the globe are donating billions of dollars in free drugs to third world countries grappling with poverty and disease. Abbott Laboratories is taking its philanthropy a step further. The Illinois-based company is donating the time of dozens of workers with expertise in food sciences and engineering, in addition to $6.5 million cash, to build a charitable, self-sustaining nutrition enterprise in Haiti.

October 31, 2011

 

The Inter-American Development Bank (IDB), the U.S. Government (USG), and the private sector play
leading roles in the international community's ongoing reconstruction and development efforts in Haiti.
IDB is the largest multilateral donor to Haiti and in 2010 approved ten major operations for a total of
$251 million. 

 

August 18, 2011

PORT-AU-PRINCE, Haiti Former U.S. President Bill Clinton launched a new business loan program in Haiti on Tuesday aimed at helping bolster an economy that was devastated by the January 2010 earthquake. Clinton said the first loan in the $20 million program is being made to Caribbean Craft, which produces colorful goods such as carnival masks, sculptures and paintings for export and lost its workshop in the earthquake.

- Associated Press
 
August 9, 2011

The Department of State has issued this Travel Warning to inform U.S. citizens traveling to or living in Haiti about the security situation in Haiti. This replaces the Travel Warning dated January 20, 201.

The Department of State has issued this Travel Warning to inform U.S. citizens traveling to or living in Haiti about the security situation in Haiti. This replaces the Travel Warning dated January 20, 2011 to consolidate and update information regarding the critical crime level, renewed cholera outbreak, lack of adequate infrastructure - particularly in medical facilities, seasonal severe inclement weather, and limited police protection.

 

August 5, 2011

Two Telecommunications Executives Convicted by Miami Jury on All Counts for Their Involvement in $800,000 Scheme to Bribe Officials at State-Owned Telecommunications Company in Haiti

WASHINGTON, D.C. —Joel Esquenazi and Carlos Rodriguez, former executives of Terra Telecommunications Corp., have been convicted by a federal jury on all counts for their roles in a scheme to pay bribes to Haitian government officials at Telecommunications D’Haiti S.A.M (Haiti Teleco), a state-owned telecommunications company. The jury reached its verdict yesterday after five hours of deliberations, following a two-and-a-half-week trial.

July 31, 2011

The Clinton Bush Haiti Fund continues to nurture economic opportunities for Haiti, today announcing a grant to a unique Haitian microfinance institution. The $850,000 grant to Fonds Haïtien d’Aide à la Femme (FHAF) will help put this institution on a path to financial recovery, and allow it to continue to provide loans to women throughout Haiti.

The Clinton Bush Haiti Fund continues to nurture economic opportunities for Haiti, today announcing a grant to a unique Haitian microfinance institution. The $850,000 grant to Fonds Haïtien d’Aide à la Femme (FHAF) will help put this institution on a path to financial recovery, and allow it to continue to provide loans to women throughout Haiti.

June 29, 2011

President Michel Martelly was in Miami, Florida, USA to tell potential investors that Haiti is open for business, particularly investment, and is in the process of doing everything it can to get the ball rolling. "We need to create jobs, and in order to create jobs we need to create security," Mr. Martelly said. "We need to let [investors] know we're going to change our laws, our investment laws, and let them know we will secure their investments."

By Zachary Fagenson

June 9, 2011

United Airlines has announced new flights from some of its hubs.  United's increased flying came at its New York and West Coast hubs, with fresh destinations to Hawaii, Haiti and Germany.

United Airlines has announced new flights from some of its hubs.  United's increased flying came at its New York and West Coast hubs, with fresh destinations to Hawaii, Haiti and Germany.

The new nonstops are an outgrowth of the merger of United and Continental Airlines last October, a combination promoted for its ability to provide seamless travel to more destinations.

June 1, 2011

Several dozen Haitians will soon return to their earthquake-ravaged country to rebuild, armed with knowledge they are taking away after three months of training in Ottawa.

Several dozen Haitians will soon return to their earthquake-ravaged country to rebuild, armed with knowledge they are taking away after three months of training in Ottawa.

 

May 27, 2011

PORT-AU-PRINCE, Haiti — The cost of making a call or sending money to Haiti is about to go up because the new president is imposing fees to raise money for his goal of free education.

PORT-AU-PRINCE, Haiti — The cost of making a call or sending money to Haiti is about to go up because the new president is imposing fees to raise money for his goal of free education.

 

President Michel Martelly says the new fees will go into effect next month. Haiti will impose a charge of $1.50 on wire transfers and five cents per minute on phone calls to the country. Haitians living abroad will probably pay most of these fees.

 

May 26, 2011

One day, most if not all people living in Haiti should be able to conduct financial transactions on their cell phones thanks to an initiative currently underway by World Council of Credit Unions (WOCCU).

PORT-AU-PRINCE, Haiti — One day, most if not all people living in Haiti should be able to conduct financial transactions on their cell phones thanks to an initiative currently underway by World Council of Credit Unions (WOCCU).

May 19, 2010

Energies Renouvelables S.A. (Renewable Energies, Inc.), the first Haitian company to produce photovoltaic modules and solar-powered streetlights.

Haiti's solar potential is an estimated six sun-hours in the dry season, about the same as that of Phoenix, Arizona, the sunniest U.S. city. In the rainy season it's not much less. Harnessing an abundant and free resource to generate power would seem a no-brainer.

April 27, 2010

The textile manufacturing sector employed more than 25,000 people prior to the January 12, 2010 earthquake. After the quake, estimates suggest the industry is operating at about 50 percent capacity. If U.S. companies begin manufacturing in Haiti, experts say the industry there could support 100,000 jobs.

By Jeff Swicord (VOA News) Port au Prince, Haiti - Prior to the January earthquake that devastated Haiti, textile manufacturing accounted for three-quarters of the country's export earnings. The sector employed more than 25,000 people. After the quake, estimates suggest the industry is operating at about 50 percent capacity. If U.S. companies begin manufacturing in Haiti, experts say the industry there could support 100,000 jobs.

Textile Company Running on HOPE

March 30, 2010

The lucid, far-reaching reconstruction guidelines that the Haitian government is scheduled to unveil on Wednesday at a donors’ conference at the United Nations should give all who care about Haiti’s future cause for hope.

By NICOLAI OUROUSSOFF

Even as outsiders feel sympathy for Haiti’s suffering, they tend to look upon it as a country beyond saving.

Now there is a plan to do just that, and it is surprisingly convincing. The lucid, far-reaching reconstruction guidelines that the Haitian government is scheduled to unveil on Wednesday at a donors’ conference at the United Nations should give all who care about Haiti’s future cause for hope.

March 30, 2010

Silas Ho, a 34-year-old engineer who until recently worked at Modesto's Lionakis architecture and design firm before taking a new job. Ho left Wednesday for Haiti, where he'll take on an engineering assignment like none he's tackled before. As part of a team from Sacramento-based Miyamoto International, Ho will inspect damaged buildings and determine whether they're safe to occupy.

The rescue teams have left. Now it's time for a second wave of experts to help rebuild earthquake-ravaged Haiti. Among them is Silas Ho, a 34-year-old engineer who until recently worked at Modesto's Lionakis architecture and design firm before taking a new job.

Ho left Wednesday for Haiti, where he'll take on an engineering assignment like none he's tackled before. As part of a team from Sacramento-based Miyamoto International, Ho will inspect damaged buildings and determine whether they're safe to occupy.

March 11, 2010

Haiti’s President went to the White House yesterday with a vision of a Caribbean paradise waiting to be rebuilt after January’s catastrophic earthquake — and a price tag that could rise to $14 billion (£9 billion).

Haiti’s President went to the White House yesterday with a vision of a Caribbean paradise waiting to be rebuilt after January’s catastrophic earthquake — and a price tag that could rise to $14 billion (£9 billion).

President Préval and his Prime Minister, Jean-Max Bellerive, are in Washington with a sales pitch on which their country depends — but which depends, in turn, on persuading recession-hit donors that the corruption that has bedevilled Haiti for generations can at last be overcome.

February 26, 2010

Haiti's rice farmers are dismayed. It's nearly harvest time in this fertile valley where the bulk of Haiti's food is grown, and they're competing once again with cheap U.S. imported rice. Just down the road, vendors are undercutting them, selling the far less expensive grain. Subsidized U.S. rice has flooded Haiti for decades. Now, after the Jan. 12 quake, 15,000 metric tons of donated U.S. rice have arrived.

Haiti's rice farmers are dismayed. It's nearly harvest time in this fertile valley where the bulk of Haiti's food is grown, and they're competing once again with cheap U.S. imported rice. Just down the road, vendors are undercutting them, selling the far less expensive grain. Subsidized U.S. rice has flooded Haiti for decades. Now, after the Jan. 12 quake, 15,000 metric tons of donated U.S. rice have arrived. "I can't make any money off my rice with all the foreign rice there is now," said Renan Reynold, a 37-year-old farmer who makes an average of about $600 a year.

February 25, 2010

Haitians see last month's earthquake as a national tragedy of Biblical proportions. Haiti's small, politically connected business elite sees it as an opportunity — but not just to make money. Business owners say the quake offers a chance to refashion the corrupt, inefficient way things are done in Haiti, while marshaling international support to put the country's nascent industries back on their feet. "This is what the earthquake is today — an opportunity, a huge opportunity," says Reginald Boulos, a brash, 54-year-old former doctor who once worked in Haiti's most notorious slum.

by Juan Forero

Haitians see last month's earthquake as a national tragedy of Biblical proportions. Haiti's small, politically connected business elite sees it as an opportunity — but not just to make money.

Business owners say the quake offers a chance to refashion the corrupt, inefficient way things are done in Haiti, while marshaling international support to put the country's nascent industries back on their feet.

February 25, 2010

A program designed to assist Haitians to find jobs is a reminder of the complex issues of free international trade. Called the Haiti Hemispheric Opportunity through Partnership Encouragement Act, or HOPE II, the 2008 treaty allows Haiti to export textiles duty-free to the U.S. for a decade.

A program designed to assist Haitians to find jobs is a reminder of the complex issues of free international trade. Called the Haiti Hemispheric Opportunity through Partnership Encouragement Act, or HOPE II, the 2008 treaty allows Haiti to export textiles duty-free to the U.S. for a decade.

One result, as explained in an Associated Press story Monday, is that thousands of Haitians have jobs assembling garments for U.S. consumers. Most make about $3.09 per day. Such wages leave the workers in poverty, but for many Haitians the alternative to poverty is death.

February 23, 2010

The system is based on UPS’s Trackpad® technology, which UPS customers use to track packages within campus environments as the packages move from the loading dock to distributed offices for delivery.

The system is based on UPS’s Trackpad® technology, which UPS customers use to track packages within campus environments as the packages move from the loading dock to distributed offices for delivery.

Salvation Army staff members will now be able to confirm what goods each family receives by tracking the information embedded in a laminated card that bears unique barcodes tied to the number of family members, their location in the makeshift camp that has sprung up in an adjacent soccer field and their needs.