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News from Suriname:




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More trouble at Surinam Airways

January 29, 2016
More trouble at Surinam Airways PARAMARIBO, Suriname -- Suriname’s minister of transportation, Andy Rusland, told the media last week that his government is contemplating breaking the lease of the recently acquired Airbus 340-313 that state-owned Surinam Airways (SLM) acquired a month ago from Airbus Financial Services.

Japan and UNDP kick start US$15 million Caribbean climate change project

January 29, 2016
Japan and UNDP kick start US$15 million Caribbean climate change project BRIDGETOWN, Barbados -- The government of Japan and the United Nations Development Programme (UNDP) launched the US$15 million Japan-Caribbean climate change partnership (J-CCCP) on Thursday, in line with the Paris Agreement on Climate Change, to keep global warming...

Suriname seeking financial support from IMF

January 25, 2016
Suriname seeking financial support from IMF WASHINGTON, USA -- The Suriname government has approached the International Monetary Fund (IMF) to discuss the possibility of financial support for its economic reform program in response to the sharp fall in international commodity prices. According to Daniel Leigh, the IMF mission...

US issues travel alert over zika virus in Caribbean

January 18, 2016
US issues travel alert over zika virus in Caribbean ATLANTA, USA -- The US Centers for Disease Control and Prevention (CDC) on Friday issued a travel warning for the Caribbean region where infection with zika, a mosquito-borne virus, is a risk. The CDC also cautioned pregnant women not to travel to those areas as zika has been linked...

Puerto Rico reports first case of zika virus

January 4, 2016
Puerto Rico reports first case of zika virus SAN JUAN, Puerto Rico -- Puerto Rico has reported its first case of zika, a mosquito-borne virus that has been spreading across South America and the Caribbean and has been linked by Brazilian authorities to a serious birth defect, a US congressman said Thursday.  Pedro Pierluisi, Puerto Rico's...

Surinam Airways CEO and board sacked by president

December 30, 2015
Surinam Airways CEO and board sacked by president PARAMARIBO, Suriname -- Facing major financial constraints, and mounting pressure from the public to address corruption and money-losing public companies, Suriname's President Desi Bouterse brought down the hammer at Surinam Airways (SLM). On Monday he sacked CEO Ewald Henshuijs.

Surinam Airways to be privatised

December 29, 2015
Surinam Airways to be privatised PARAMARIBO, Suriname -- During the budget debate in the National Assembly of Suriname a few weeks ago, it was revealed that state-owned Surinam Airways (SLM), which has been losing money for decades, will be privatized within the next two to three years. This unexpected announcement...

Suriname bank signs agreement to assist move to Shari'ah compliant operations

December 16, 2015
Suriname bank signs agreement to assist move to Shari'ah compliant operations PARAMARIBO, Suriname -- Trust Bank (TB) in Suriname has signed an advisory services agreement with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (“IDB”), in order to process and support its...

Commentary: Islamic finance can spur Guyana private sector

December 15, 2015
Commentary: Islamic finance can spur Guyana private sector Guyana has been a member of the Organisation of Islamic Cooperation (OIC) since 1998, but never joined the Islamic Development Bank (IsDB), a branch of the OIC. The previous government of Guyana did not actively participate in OIC forums. However, a change in government in Guyana...

Jamaican ministry of health heightens alert for zika virus

December 12, 2015
Jamaican ministry of health heightens alert for zika virus KINGSTON, Jamaica -- Minister of health Horace Dalley has called on Jamaicans to take the necessary steps to protect themselves from the zika virus and other mosquito borne diseases as the ministry of health heightens its response to the spread of zika in the region and its threat to Jamaica.

Islamic finance can drive Suriname's private sector

December 9, 2015
Islamic finance can drive Suriname's private sector PARAMARIBO, Suriname -- Suriname which is seeking to be the Caribbean Community (CARICOM) leader in Islamic finance, took a major step in making this goal a reality on Friday, when visiting CEO of the Islamic Development Corporation of the Private Sector (ICD), Khaled Al Aboodi, and...

Suriname to continue education reforms with IDB support

December 5, 2015
Suriname to continue education reforms with IDB support WASHINGTON, USA -- Improvements in the access, quality and equity of Suriname's educational system that will benefit 90,000 students and 6,500 teachers are part of a new phase of the country's Basic Education Improvement Program (BEIP), to be financed with a loan approved by the...

Not enough gender analysis in policy design and resource allocation, says Caribbean study

December 4, 2015
Not enough gender analysis in policy design and resource allocation, says Caribbean study BRIDGETOWN, Barbados -- There is greater need for polices that increase productivity across the private sector, and which place special emphasis on women-owned businesses. This, as the results of an Inter-American Development Bank/Compete Caribbean study show that women-owned...

Workers shut down Suriname gold mine

December 2, 2015
Workers shut down Suriname gold mine PARAMARIBO, Suriname -- Disgruntled over the way the management wants to sever the relationship with over 150 employees, workers shut down operations at the Rosebel Gold Mine (RGM) in Suriname early Tuesday morning. RGM is a subsidiary of Toronto-based gold producer IamGold.

Suriname's top diplomat promotes economic diplomacy in Saudi Arabia

November 16, 2015
Suriname's top diplomat promotes economic diplomacy in Saudi Arabia RIYADH, Saudi Arabia -- Suriname’s new foreign minister, Neirmala Badrising, took the opportunity of the gathering of Arab and South America countries (ASPA) in Riyadh, Saudi Arabia, last week to showcase her country's multi-ethnic and religious diversity, and, more importantly, to market Suriname's...

Foster son of Suriname president arrested in robbery investigation

November 14, 2015
Foster son of Suriname president arrested in robbery investigation PARAMARIBO, Suriname -- Romano Meriba (31), the foster son of Suriname’s president Desi Bouterse, was arrested on Friday in Paramaribo after he reported to a police station. The Public Relations Department of the Suriname Police Force released a statement confirming the arrest.

CCJ welcomes launch of Suriname's Code of Judicial Conduct

November 12, 2015
CCJ welcomes launch of Suriname's Code of Judicial Conduct PARAMARIBO, Suriname -- President of the Caribbean Court of Justice (CCJ), Sir Dennis Byron, and Mr Justice Jacob Wit attended the launch of the Code of Judicial Conduct held at the High Court of Justice in Suriname on November 6, 2015. The Conference of Caribbean Chief Justices and Heads of...

Letter: The Venezuelan bus driver tours the Caribbean

November 10, 2015
Letter: The Venezuelan bus driver tours the Caribbean Maduro, the ex bus driver, the man without the proper credentials to be a president of a credit union, least of all a country. He could never have been elected of his own accord and ability; it took the death wish of Hugo Chavez to launch him into the position of president. Even that appears to be some...

Rice farmers in Suriname and Guyana could tap into alternative financing mechanism

November 6, 2015
Rice farmers in Suriname and Guyana could tap into alternative financing mechanism BRIDGETOWN, Barbados -- Rice farmers in Suriname and Guyana could be offered a new opportunity to finance their business rather to wait idle for delayed payment by millers and exporters. FactorPlus, a financing company based in Curacao, according to business development manager Paul Dijkhoffz...

Suriname takes lead in Islamic banking within CARICOM

October 29, 2015
Suriname takes lead in Islamic banking within CARICOM PARAMARIBO, Suriname -- In an effort to expand its economic partners, Suriname has forged strong ties with the Islamic world by accelerating its engagement with the Organisation of Islamic Cooperation (OIC) over the past five years. Paramaribo has now positioned itself as the leader in Islamic banking in the region.

Suriname to host economic-financial meeting of Islamic bloc

October 28, 2015
Suriname to host economic-financial meeting of Islamic bloc PARAMARIBO, Suriname -- From November 16 -15, Suriname will host a meeting of central banks and monetary authorities of the Organisation of Islamic Cooperation (OIC) member countries. This will be one of the first meetings of the OIC that Paramaribo will host to enhance its economic standing.

Islamic Bank approves US$30.8 million education loan for Suriname

October 7, 2015
Islamic Bank approves US$30.8 million education loan for Suriname JEDDAH, Saudi Arabia -- On Monday, the board of executive directors of the Islamic Development Bank (IsDB), approved nearly US$895 million to contribute towards new development projects in IDB member countries. US$30.8 million will go to Suriname to support a secondary and technical education...

Suriname banana sector threatened by Moko disease

October 6, 2015
Suriname banana sector threatened by Moko disease PARAMARIBO, Suriname -- The banana industry in Suriname is currently facing a serious threat from the so-called Moko disease, which has affected nearly a quarter of the country’s 2,000 hectares of commercial banana plantations. Meanwhile, authorities here have called in the assistance of...

Suriname champions African development at UN

September 25, 2015
Suriname champions African development at UN NEW YORK, USA -- Suriname's permanent representative to the United Nations, Ambassador Henry MacDonald, advisor to AfricaConnectOnline, a new and the only internet based information network that plans to play a key role in promoting the economic and social development of Africa, has called...

National bipartite labour workshops for CARIFORUM member states

September 19, 2015
National bipartite labour workshops for CARIFORUM member states PORT OF SPAIN, Trinidad (ILO) -- A series of national bipartite workshops, organized by the ILO in conjunction with the Caribbean Employers’ Confederation (CEC) and the Caribbean Congress of Labour (CCL), will conclude over the coming weeks in the CARIFORUM member states of Barbados...

Surinam Airways flights to Orlando to resume in December

September 3, 2015
Surinam Airways flights to Orlando to resume in December PARAMARIBO, Suriname -- From all indications in Paramaribo and monitoring its online booking site, Surinam Airways (SLM) will end its trial run to Orlando, Florida, from Paramaribo via Georgetown, Guyana, on October 1, and recommence service on that route in December. SLM initiated the route as...

GOL begins Suriname flight with record low fare

August 28, 2015
GOL begins Suriname flight with record low fare PARAMARIBO, Suriname -- GOL Airlines of Brazil on Tuesday commenced twice-weekly Boeing 737-700 services to Paramaribo, Suriname, by introducing an all time low airfare of US$103 one-way to Belem, Brazil, which is expected to bring stiff competition to the route that was monopolized by...

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