Friday, November 11, 2011
Tuesday, November 1, 2011
Friday, October 14, 2011
Thursday, August 18, 2011
"First it was $9.99 for a one-way ticket from Barbados to Guyana; then Barbados to Trinidad. Now the Caribbean's first low-cost carrier REDJet is reportedly breaking open a Latin American route that will take St. Lucians or Bajans cheaply and directly to Panama CIty to go shopping.
What might that mean for America? For one, with Panama City's fabled bargains a cheap flight away, Caribbean residents would no longer look to Miami for those weekend shopping sprees. For another, the Caribbean and lower Americas could become viable for the kind of multiple destination jaunts that former inter-island air passes promised but didn't deliver. (For example, a Caribbean Airlines flight from Barbados to Kingston, Jamaica can cost as much as $420.)
The REDjet promise is that "Your final payment amount depends entirely on you." Plan ahead, choose off-peak days, and book at their airport ticket desk, and the airline guarantees a one-way flight will cost $9.99 plus taxes.
Will Caribbean islanders finally be freed from over-pricing? Stay tuned.
Now, if only I could get to Barbados this Christmas for under $650 ..."
Source: REDjet rising - Globe-trotting - The Boston Globe
Posted by KNRX at 8:43 PM
Wednesday, July 20, 2011
"Last minute T&T travellers can now catch the last week of Barbados Crop Over Festival, as REDjet the Barbados-based, low cost carrier’s inaugural flight out of T&T is set for July 28. The popular Barbados festival, which began on May 14, will culminate with Barbadian R&B star Rihanna’s LOUD concert on August 5. REDjet will be offering passengers 3,700 seats at $65 one way fares, exclusive of government taxes and optional charges. This was officially announced yesterday by the management team of REDjet at the Carlton Savannah Hotel, St Ann’s. After several months of delay over its certification approval, REDjet was finally given the green light to operate out of T&T on July 17 by the new Transport Minister Devant Maharaj. REDjet had planned to start flying from T&T and Jamaica since May 8..."
Read more: REDjet to capture Crop Over market | The Trinidad Guardian
Posted by KNRX at 10:07 AM
Friday, July 8, 2011
Wednesday, May 25, 2011
Wednesday, April 13, 2011
"Construction of marina in bridgetown to begin in about nine months
Years of delay and controversy are about to culminate with the construction of an upscale $202 million marina in Bridgetown, work on which is expected to start early next year. But by the time Barbados has finished paying for the super yacht facility in 25 years, the tax payers would have spent $505 million in a Build Operate Lease and Transfer deal with a St. Lucia company.
However, Minister of Minister of Finance Chris Sinckler asserted today that the benefits would be significant, including $132 million from the reclamation of lands and sale of 80 berths alone. Sinckler announced plans for the project, to be located in the area of the Pierhead/Bay Street/Carlisle Bay section of the City, via a ministerial statement delivered in the House of Assembly this morning on the resumption of sittings. He said following completion of a tendering process, Government agency the Barbados Tourism Investment Inc. had signed a memorandum of understanding with St. Lucia's SMI Infrastructure Solutions Inc. for the venture to take place.
"The project, which has been under consideration for several administrations, and for many years, will see the construction of a super yacht marina consisting of approximately 80 berths...," he said. "The memorandum of understanding was signed with SMI Infrastructure Solutions Inc. for a Build, Own, Lease and Transfer financing arrangement. "With the marina expected to cost $202 million, Sinckler said Government would have to make annual payments of $20.2 million at an interest rate of 8.8 per cent and that "lease payments will reduce overtime in accordance with the quantum and timing of cost recovery".
Barbados' overall payments between next year and 2037 will be $505 million, including interest of $303 million, but the St. Michael North West MP suggested the benefits would outweigh the costs.
"Cost recovery is estimated at US $66 million for the reclamation of lands and the sale of berths. This transformational tourism infrastructural project will assist in repositioning the Barbados tourism product offering, while being the catalyst for the regeneration of the Bridgetown area," he said. "The tourism product offering will also move towards the upper end of the tourism market by attracting more high net worth individuals, who can be expected to own berths at the super yacht marina. They will also purchase condominiums on the 10 acres of prime real estate that will be created through the reclaimed lands, which are the by-product of the building of the marina." Additionally, the minister said development of the marina "will result in enhancement of the beach in the immediate vicinity of Carlisle Bay, which will be targeted by the coastal tourism master plan for future development".
"Other economic benefits include the injection of foreign exchange into Barbados, the creation of hundreds of jobs during the construction and permanent jobs after construction, repositioning of Barbados' tourism product and the marina acting as a catalyst for major new investment along the Bay Street corridor," he noted.
"Construction is expected to commence in about nine months and prior to the commencement of construction stakeholder meetings will be held."
Construction of a marina in Bridgetown has been in the offing for well over a decade, with a previous administration originally seeking to partner with local conglomerate Barbados Shipping & Trading, a major landowner in the area. In recent times the current administration's handling of the venture has been criticised repeatedly by Opposition Leader Owen Arthur, who claimed the projected cost had risen to more than $626 million and it was facing legal difficulties."
Source: Barbados Today
Friday, April 8, 2011
Thursday, March 10, 2011
Friday, February 25, 2011
"An SOS has gone out to Government to withstand pressure from developers and save the Scotland District from the rapid urban sprawl sweeping across Barbados.
However, president of the Barbados National Trust and historian Dr. Karl Watson believes that the urbanisation of Barbados as it moves towards becoming a city state is “unstoppable”.
“The Scotland District is the last frontier that the real estate barons of this island are going to target, and not only are they going to target it, but they are going to actively develop it,” he warned.
He has reservations about Government’s ability to prevent this kind of development.
“I think that even with the best will in the world and with the imposition of controls and with the full authority that Town and Country Planning has, I think that the economic aspect of development and the economic drivers of development are so gargantuan, so all-consuming, overpowering, that they are going to break down any hurdle that we put in their way to act as a brake on this runaway development.”
The noted historian and archaeologist was delivering a lecture entitled Urbanisation vs. The Countryside: Barbados Becomes a City State at the LB Harcourt Lewis Training Room, Barbados
Public Workers Credit Union Headquarters, on Monday night. It was part of the 13th anniversary celebrations of the Urban Development Commission.
Watson said the National Trust eagerly awaited the day when the formal Cabinet decision to legally establish the National Park of Barbados would become reality.
“... We need some guarantee that at some point in time in the next 15 or 20 years there will be some green spaces left in this island that we can go out and enjoy. It has to be done,” he said.
With the assistance of maps and photographs spanning three centuries, he illustrated how “urbanisation from the east and urbanisation from the west are meeting”.
The decline in acreage for sugar production from nearly 52 000 acres in 1966 to 17 000 in 2005 was cited as an indication of how agriculture had progressively given way
to housing development.
“From North Point to South Point we are busy cementing over every available square inch that we can,” Watson observed. “We have to say enough is enough. Let us slow this process.”
“Ultimately it moves out of the hands of Government and has to come back to us the people,” he added.
“We have to decide as a people, do we collectively reduce our expectations so that we don’t continue to ruin the environment of this island [or] do we restrain our zeal for consumption?”"
Monday, February 14, 2011
Friday, January 21, 2011
|Proposed island to be located north of Bridgetown Port|
The islands were intended to be developed with tailor-made hotel complexes and luxury villas, and sold to millionaires. They are off the coast of Dubai and accessible by yacht or motor boat.
Now their sands are eroding and the navigational channels between them are silting up, the British lawyer for a company bringing a case against the state-run developer, Nakheel, has told judges.
"The islands are gradually falling back into the sea," Richard Wilmot-Smith QC, for Penguin Marine, said. The evidence showed "erosion and deterioration of The World islands", he added.
Posted by KNRX at 9:51 PM