Business & Finance
This is related to the business and financial issues related to Haiti and the Haitan community. We discuss issues such as job opportunities, how to create a business in Haiti, how to finance a project, and more.
Here is a name that most Haitians need to get familiar with, the Bi-national Economic Council Quisqueya or (CEBQ). Last Friday (April 15, 2016) CEBQ unveiled its development project for the Haitian-Dominican border at the International Finance Corporation (IFC) and it is very promising. it is one of the largest global development institution which will be devoted exclusively to the private sector.
The border development project expects to take advantage of the Hope-Help legislation and expects to create over 200,000 jobs at Haiti-Dominican Border in 10 years.
What do you think?
Jean-Paul Coutard has done it again. Today(3/9/16), Coutard Motors S.A. will envail its second bus made in Haiti. This new bus that is expected to be used for transportaton is more comfortable and strong than the previous one built in 2013. It is also equiped of cameras both inside and outside. The new bus will be able o transport 60 passengers comfortably, an increase of 4 seats.
The young entrepreneur Jean-Paul Coutard is the President and manager of Coutrad Motors
Ayisyen Entreprenor Jean-Paul Coutard bati dezyèm otobis
Senator Jean Baptiste Bien-Aime is crying out for vigilance following some huge financial transactions ordered by government officials who were only supposed to be liquidating current affairs. According to the Senator, he has in his possession several financial transactions made by the Minister of Finance, Wilson Laleau, that raise lots of questions. Here are some of the transactions:
On February 18, ONA Director requested to transfer 500 million of gourdes from BRH to account number: 1021011301898 in Unibank.
Also on February 18, ONA ordered the transfer of One Billion of gourdes from BRH to account number 131669799 belonging to ONA
On Thursday, January 28, 2016, Michel Martelly, the President of the Republic, inaugurated the socio-community infrastructures, a project of Wharf Jérémie, in the commune of Cité Soleil. The President was accompanied by Yves Germain Joseph, the Minister of Planning and External Cooperation, Mr. Jacques Rousseau, the Minister of Public Works, Transport and Communications, and Mr. Wilson Laleau, the Minister of Economy and Finance. During his speech for the occasion, the President said, he believes the new complex of Wharf Jérémie with its modern amenities, would play an important role in the economic and social development of Haiti. It would further offer facilities for a leisure space, trade, place for technical and vocational training and sports practice to the inhabitants of Wharf.
It appears that not only some of the members of the CEP are on shaky ground but also its president as well. The Economic Forum of the private sector made it public that it wants to see Mr. Pierre Louis Opont out of the CEP. According to the coordinator of the Economic Forum, Gregory Brandt, the Forum took notes that the CEP was unable to accomplish its task which is to conduct the election process in order to have a new president in the country on February 7th, and requests that Mr. Pierre-Louis Opont be relieved of his duties to allow the country to find a solution to the current crisis
Kòm sezon taks la rive, anpil pwopriyetè kay ap prepare pou reklame tout kalite dediksyon taks sou pwopriyete yo. Gen anpil fason ou kapab evite peye taks kòm yon mèt kay nan Etazini. Nou gin pou ba ou yon lis nan atik ki ape vin apre.
Konbyen fwa moun yo ap eseye konvenk m 'ke pafwa lwe pi bon pase achte; sepandan, prèv yo pa konvenk mwen ase. Apa bagay tankou libète pou soti de nan yon zòn a yon lòt ak antretyen yon kay, met Kay gen anpil avantaj taks ke lokasyon pa ofri.
Forbes Magazine has established a list of 30 young people who have influenced the industries in which they have been performing in. Christine Souffrant is the founder of "Vendedy", a site allowing street vandors to sell their products on line. She has been listed in Forbes Magazine as one of the best entrepreneurs.
Christine Souffrant se yonn nanpi gwo antreprenè, pa Forbes magazine
Forbes magazine te etabli yon lis de 30 jèn moun ki te enfliyanse endistri kote yo ape evolye a. Christine Souffrant se fondatè "Vendedy", yon sit ki pèmèt moun ki ap vann pwodwi yo sou liy mete pwodwi sa yo nan intènèt. Li te liste nan Forbes magazine kòm youn nan pi gwo antreprenè .
Miami, Florida is getting a new development project worth $2 billion, to be named the Design District. Craig Robins, a Miami native and founder and owner of Dacra Development and Real Estate, in business since 1987, is the primary investor behind the project, owning 70% of it. He says he wants ". . . to bring urban regeneration and design and architecture and art to make an impact."
To encourage a positive response from the media about the endeavor, Robins has been influencing them, by inviting them to come and see the project plans. And the media is giving the project good reviews. But the Design District project is not being well-received by residents in adjoining areas like Little Haiti, home to the Haitian Diaspora. They feel infringed upon, already threatened by the sharp rises in rent that have occurred due to other developers, pouncing on all the lots and buildings lying fallow in Miami.
Haiti will soon become a cement manufacturer once again. With an investment of 300 Million US dollars by both international and Haitian investors, a brand new cement plant called Siman Lakay will be constructed in the locality "La Pierre", in Gonaives. This new cement plant is expected to both reduce our dependency on import and also create jobs. Siman Lakay will have a capacity to produce about 2 million tons of cement per year and create more than 2,200 jobs in the long term.
A 35-megawatt power plant will be built to run the new cement plant and provide electricity to a new village that will be built in the area for the 2,500 employees of the plant. Construction is expected to begin on January 13, 2016.
Foreign Direct Investments (FDI) in Haiti had been rising but it remained weak (USD 99 million) in 2014. Its business climate remained mediocre because of its long-term political instability, corruption, burdensome bureaucracy and the government's inability to offer tax exemptions to the investors. In the context of 'Protection of Investors' it remained far below in the "Index of Transaction Transparency", the statistics reveal Haiti (2.0); Latin America & Caribbean (4.0); Germany (5.0) and U.S (7.0). FDI inflows in Haiti in the last three years were (in US$): $156 million (2012), $186 million (2013) and $99 (2014). In September 2011, President Martelly launched a council PACEGI (Presidential Advisory Council on Economic Growth and Investment), co-chaired by President Bill Clinton with the participation of local businessmen for improving the business climate in Haiti and in September 2012, a Presidential Commission reformed the business law of the country. In 2013, Haiti secured its best rank ever (174 out of 183 countries) in the World Bank's "Doing Business 2013" report. Thus, the recent investment plan of $300 million by the foreign and Haitian investors, in the new cement plant 'Siman Lakay,' at "La Pierre" in the locality of Gonaives, is no doubt a big boost for the Haitian economy. The project has come into existence after more than one year's hard work and technical studies by Mr. Bestgen Jérôme, the Honorary Consul of Haiti in Belgium.
Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were or grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.