Sunrise Airways, a privately owned Haitian airline, is set to bolster its fleet with the addition of two Airbus A320 aircraft. This expansion comes as part of a comprehensive leasing agreement with GlobalX, which includes not only the aircraft but also crew, maintenance, and insurance services. The new A320s, each configured with 179 seats, will commence operations in November 2025, increasing the airline’s total fleet size to 14 aircraft. Gary Stone, CEO of Sunrise Airways, emphasized the strategic importance of this move, stating, ‘These two Airbus A320s will be exclusively dedicated to our operations, significantly enhancing passenger experience and connectivity across the Caribbean region.’ Initially, the aircraft will be deployed to strengthen existing routes, particularly between Florida and Cap-Haitien. However, the airline has ambitious plans to utilize these A320s for expanding its network to new destinations, including Fort Lauderdale, New York, and other key markets in the Americas. Sunrise Airways currently operates under three separate Air Operator Certificates (AOCs) in Haiti, the Dominican Republic, and the Eastern Caribbean. By the end of 2025, the airline aims to operate a total of 18 aircraft across its network, further solidifying its presence in the region.
分类: business
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Suriname shelves oil royalty payout
The newly elected Surinamese government, under President Jennifer Geerlings Simons, has decided to suspend a proposed initiative to distribute oil royalties of US$750 plus interest to all citizens. This announcement was made by Andrew Baasaron, the Minister of Economic Affairs, Entrepreneurship, and Technological Innovation, during a panel discussion at the International Business Conference (IBC) 2025. Baasaron cited insufficient financial resources as the primary reason for halting the plan, contrasting Suriname’s economic situation with that of Guyana, which successfully distributed GY$100,000 (approximately US$458) to over 600,000 adults last year. The previous administration, led by Chandrikapersad Santokhi, had tied the royalty payout to projected earnings from the Gran Morgu offshore project, expected to produce 220,000 barrels of oil by 2028. TotalEnergies, a France-based energy giant, is investing US$10.5 billion in the project. Instead of direct payouts, the new government plans to channel funds into sustainable investments in companies, new technologies, and workforce development. Baasaron emphasized the need for Suriname to reduce its reliance on government support and focus on enhancing productivity and economic growth.
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PSU Calls GOB lack of Response on SARA Concerns Disrespectful
The Public Service Union (PSU) of Belize has expressed deep frustration over the Government of Belize’s (GOB) lack of response to concerns regarding the proposed transformation of the Belize Tax Services Department (BTSD) into a Semi-Autonomous Revenue Authority (SARA). Despite the passing of a two-week deadline, the government has remained silent, prompting the union to label the inaction as outright disrespect. The PSU has raised significant issues about the efficiency, costs, and employee welfare implications of the proposed SARA, which would operate as a statutory body governed by a board of directors. Union President Dean Flowers criticized the Ministry of Finance, the Ministry of Public Service, and the Prime Minister for their perceived indifference, accusing them of treating the revenue-generating authority as a private enterprise. The PSU is now consulting its membership through surveys and meetings to determine the next course of action, which may include service disruptions. A decisive meeting with the general membership is scheduled to gauge support for potential measures to address the matter.
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PSU No Longer Needed for Belize Tax Service Employees?
The Public Service Union (PSU) in Belize is intensifying its efforts to address concerns over the transition of the Belize Tax Service into a Semi-Autonomous Revenue Authority (SARA). A major point of contention is the potential removal of the PSU as the bargaining agent for tax service employees, a move that has sparked significant debate. PSU President Dean Flowers has urged the Government of Belize to respond to these concerns promptly, warning of further actions if no resolution is reached. Flowers emphasized the union’s dual focus on safeguarding public revenues and protecting the welfare of approximately 200 employees who could be impacted by the transition. Despite setting an October 3 deadline for a response, the government has yet to address the union’s concerns. Flowers criticized comments from the Director General of the Belize Tax Service, Michelle Longsworth, suggesting that the PSU’s role would be eliminated post-transition, labeling such statements as ‘foolish.’ Longsworth, in a written response, clarified that once SARA is established, employees would no longer be classified as public officers but as employees of the new authority. She assured that their rights to representation and collective bargaining would be protected, though the specifics of how current PSU members would be affected remain under review. The transition has raised questions about the future of labor representation in Belize’s tax administration, with both sides emphasizing the need for careful consultation to ensure employee rights are upheld.
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Public Officers Enjoy 4.5% Salary Increase
Public officers in Belize are celebrating a significant milestone this week as they receive a 4.5% salary increase, a long-awaited adjustment promised by the Government of Belize. This development follows months of intense negotiations, protests, and public demonstrations led by unions advocating for better compensation amid rising living costs. The salary hike, which took effect this week, has been met with widespread gratitude, particularly among lower-paid workers who stand to benefit the most. Teachers and pensioners are also set to receive their adjusted pay by the end of the month, marking a victory for the joint union efforts. Dean Flowers, President of the Public Service Union (PSU), expressed satisfaction with the outcome, emphasizing the importance of this adjustment in helping public officers cope with the escalating cost of living. The successful negotiation underscores the critical role of unions in advocating for workers’ rights and ensuring dignified living conditions for retirees.
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PSU Dismisses Former President’s Claims of Owed Payments
In a recent development, the Public Service Union (PSU) has firmly dismissed claims made by its former president, Gerald Henry Jr., regarding unpaid leave compensation. Henry alleges that the union owes him over $6,000 for 54 days of accumulated leave, a sum he claims was promised by the Ministry of the Public Service. The dispute, which has been ongoing since 2021, has yet to yield a favorable outcome for Henry. Current PSU President Dean Flowers addressed the matter, stating that the claim lacks legal foundation and is a ‘waste of time.’ Flowers emphasized that the union remains open to dialogue but will dismiss claims that do not align with applicable laws. The protracted legal battle highlights the complexities of labor disputes within public service organizations.
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Wales gas-to-energy power plant 68 percent complete after 14-month delay
The ambitious 300-megawatt natural gas-fired power plant in Wales, West Bank Demerara, has reached 68.3% completion despite a 14-month delay caused by extensive soil stabilization efforts. LINDSAYCA Guyana Inc. Chairman Nelson Drake revealed the update during the 2025 International Business Conference, highlighting the US$100 million investment required to prepare the site for construction. The project, initially delayed due to disputes with Puerto Rico-based CH4, is now on track to commence electricity generation between January and March 2026. The soil stabilization process, deemed critical for the project’s success, utilized advanced technology to ensure the site could support the heavy infrastructure, including four main turbine foundations made of 44,000 cubic meters of cement. Drake emphasized the complexity of the project, noting that 89% of engineering, 90.46% of procurement, and 23% of construction have been completed. Over 75% of the equipment, including gas turbines, steam turbines, transformers, and cooling towers, has already arrived in Guyana. The natural gas liquids facility, currently in Houston, is expected to be on-site by year-end. Once operational, the plant will utilize 50 million cubic feet of gas produced by ExxonMobil, generating significant energy savings and reducing electricity costs by 50% for Guyanese households. The project is also projected to contribute US$200 million annually to the Guyana government’s treasury through energy savings and condensate sales.
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GARFIN monitoring CLICO payout after court ruling
In a significant development for thousands of policyholders, the Grenada Supreme Court has approved an initial distribution of approximately EC$9.5 million to CLICO International Life (CIL) policyholders, marking a long-awaited step toward financial recovery. The decision, announced on 12 May 2025, comes 14 years after the company’s collapse in 2011, which left many Grenadian families without life insurance benefits and retirement savings. Despite this progress, the payout represents only 6.59% of the total admitted claims, which amount to EC$144.9 million. The distribution follows a small claims scheme, with claims under EC$50 receiving no payment due to high processing costs, while claims between EC$50 and EC$1,000 will be paid in full. Policyholders with claims between EC$1,000 and EC$15,576 can choose between a lump sum payment of EC$1,000 or 5.5% of their total claim amount, while claims over EC$15,576 will receive 5.5% of their claim value. The Grenada Authority for the Regulations of Financial Institutions (GARFIN) has urged policyholders to review correspondence and respond promptly if they have not received personalized letters by 31 October 2025. The Judicial Manager has also launched a dedicated website to provide updates on the ongoing judicial process, ensuring transparency and communication with affected parties.
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New fuelling facility enhances services for yachting community
Camper & Nicholsons Port Louis Marina, in collaboration with Sol Grenada Ltd, has officially launched a state-of-the-art marine fuelling system at Port Louis Marina. The inauguration ceremony, held on 10 October 2025, marked a significant milestone in enhancing marine services in Grenada. The new system is designed to cater to the needs of modern superyachts and sailing vessels, solidifying Grenada’s reputation as a top-tier destination in the southern Caribbean. The event was attended by key stakeholders and dignitaries, including Zara Tremlett, General Manager of Camper & Nicholsons Port Louis Marina; Stacey Liburd, CEO of the Grenada Tourism Authority; Frank Redhead, CEO of the Grenada Ports Authority; Collin Francis, General Manager of Sol EC Ltd; and Hon. Lennox Andrews, Acting Prime Minister. The ceremony featured a ribbon-cutting and a symbolic “mock fill” demonstration, showcasing the system’s efficiency. Tremlett emphasized the facility’s role in providing world-class amenities, while Francis highlighted Sol’s commitment to safety and quality. The Grenada Tourism Authority sees the development as a boost to the island’s tourism economy, encouraging longer stays and increased spending.
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PM Dickon Mitchell praises progress at Grenada National Resort
Grenada’s Prime Minister, the Honourable Dickon Mitchell, led an official inspection of the Grenada National Resort (GNR) construction site on October 2, marking a significant milestone for the nation’s tourism and investment landscape. Developed by Heng Sheng International, GNR stands as the largest Citizenship by Investment (CBI)-approved project in Grenada, strategically located in the island’s picturesque northern region near Levera Beach. The resort is poised to set a new standard for luxury tourism and residential investment in the Caribbean, featuring world-class amenities such as a 500-suite ocean-view hotel, an 18-hole championship golf course designed by Robert Trent Jones II, a casino complex, and premium apartments and villas available for purchase. Accompanied by senior government officials, including Finance Minister Dennis Cornwall and Investment Migration Agency Chairman Richard Duncan OBE, Prime Minister Mitchell expressed his admiration for the project’s rapid progress. “I visited in March, but I didn’t expect such significant advancements in just six months. This project will have a transformative impact on local employment and tourism,” Mitchell stated. Heng Sheng Chairman Yuanfa Li guided the delegation through the site, highlighting key developments, including the completion of the golf club structure, the foundation of the casino, and the ongoing construction of the golf course. The first 10 floors of Hotel Tower 1 have been completed, with the 11th floor underway. Li emphasized the team’s commitment to efficiency and quality, projecting the topping out of Hotel Tower 1 by year-end. The visit underscored the strong partnership between the Grenadian government and Heng Sheng, aimed at delivering a landmark project that will redefine luxury tourism and create a lasting economic legacy for Grenada.
