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News from Suriname:




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Lack of bilateral air agreements affecting Surinam Airways expansion and profitability

February 20, 2017
Lack of bilateral air agreements affecting Surinam Airways expansion and profitability PARAMARIBO, Suriname -- Surinam Airways (SLM) director, Robbi Lachmising, this week told Eliézer Pross of De Ware Tijd, a daily newspaper, that the national carrier has a “problem expanding its wings because Suriname has insufficient aviation agreements with countries in the region."

Suriname immigration bureaucracy and corruption discourages tourism

February 18, 2017
Suriname immigration bureaucracy and corruption discourages tourism PARAMARIBO, Suriname -- Entering Suriname through its four main ports of entry can be an arduous, long and problematic ordeal since most visitors require a visa to enter the country, and sometimes rogue agents and the police at these four entry points prey on helpless visitors.

Suriname Tourism Foundation to host training course on tourism satellite account

February 11, 2017
Suriname Tourism Foundation to host training course on tourism satellite account PARAMARIBO, Suriname -- In order to develop the tourism industry of Suriname, the Suriname Tourism Foundation (STF), in collaboration the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), a subsidiary organ of the Organisation of Islamic...

Commentary: How is an urban development project safeguarding a World Heritage site in Suriname?

February 2, 2017
Commentary: How is an urban development project safeguarding a World Heritage site in Suriname? Last year when I went to Suriname for the first time ever, even the worldliest among my friends and family struggled to put the small former Dutch colony on a map. Suriname, along with Guyana to its West and French Guiana to its East, make up the “Guianas” a geographic region in north-eastern...

Suriname implements rehabilitation program to restore Paramaribo's old town

January 28, 2017
Suriname implements rehabilitation program to restore Paramaribo's old town PARAMARIBO, Suriname -- Suriname will launch an urban rehabilitation program in Paramaribo with a $20 million loan from the Inter-American Development Bank (IDB). The project seeks to contribute to the socio-economic revitalization of the city’s historic center in order to attract...

Suriname calls for military spending to be channeled into development

January 25, 2017
Suriname calls for military spending to be channeled into development NEW YORK, USA -- On Monday, Suriname’s ambassador to the United Nations, Henry MacDonald, joined with the permanent missions of Belarus, Kazakhstan, and the United Nations Development Programme (UNDP) in calling for a portion of military spending to be channeled into...

IMF concludes 2016 consultation with Suriname

January 25, 2017
IMF concludes 2016 consultation with Suriname WASHINGTON, USA -- On December 19, 2016, the executive board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with Suriname. Suriname is in an economic crisis triggered by a significant commodity terms of trade shock and exacerbated by...

Surinam Airways must 'think big', says aviation expert

January 23, 2017
Surinam Airways must 'think big', says aviation expert PARAMARIBO, Suirname -- In his assessment of Surinam Airways (SLM), aviation expert Tomas Chlumecky has called on the airline to “get out of the thinking small syndrome, and to take bold measures” to grow in the region because there is great potential for the national airline of Suriname.

Islamic Bank's 'reverse linkage' synergy may help modernize and diversify Guyana and Suriname agriculture

January 21, 2017
Islamic Bank's 'reverse linkage' synergy may help modernize and diversify Guyana and Suriname agriculture PARAMARIBO, Suriname -- The private and public sectors of Guyana and Suriname may benefit from the Islamic Development Bank (IsDB) “Reverse Linkage (RLs) or South-South Cooperation”, an overarching objective of capacity development through the transfer of knowledge, technology...

Suriname director of tourism sees great potential for the Guianas

January 13, 2017
Suriname director of tourism sees great potential for the Guianas PARAMARIBO, Suriname -- Jerry A-Kum, director of Suriname Tourism Foundation (STF), full of energy and grand plans to develop Suriname’s tourism industry, shared in his office some achievements, and current and future plans that his organisation has to improve the tourism product of...

Suriname and Guyana officials participate in Islamic Bank workshop

January 13, 2017
Suriname and Guyana officials participate in Islamic Bank workshop PARAMARIBO, Suriname -- Suriname and Guyanese officials participated on January 9-11 in a workshop on Islamic banking and finance, which was conducted by the Islamic Research and Training Institute (IRTI), an arm of the Islamic Development Bank (IsDB), and which was held in...

Suriname vice president calls on India to take a more active global role

January 9, 2017
Suriname vice president calls on India to take a more active global role BENGALURU, India -- Suriname’s youthful vice-president, Michael Ashwin Adhin, who is attending the Privasi Bharatiya Divas (PBD 2017), an annual gathering of the global Indian diaspora, has urged India to take on a more active global role especially to act as a “balancing” economic and...

Surinam Airways CEO's bold vision: Expansion of the Guyana hub to NYC and Havana

January 6, 2017
Surinam Airways CEO's bold vision: Expansion of the Guyana hub to NYC and Havana PARAMARIBO, Suriname -- Surinam Airways (SLM) was out of the red and made a profit during the period when Robbi Lachmising was CEO. He was reappointed CEO of the company last year. Sitting in his office on a bright sunny day in the tropics, Lachmising outlined his vision...

Fly Allways Suriname to cease operations on January 15

January 6, 2017
Fly Allways Suriname to cease operations on January 15 PARAMARIBO, Suriname -- According to reliable sources, the owners of the Suriname airline Fly Allways will cease operation of the airline on January 15 of this year. Fly Allways officially started operations about a year ago on January 10, 2016, with the launch of its inaugural domestic flight.

Suriname palm-oil industry may rise again after setbacks

December 23, 2016
Suriname palm-oil industry may rise again after setbacks PARAMARIBO, Suriname -- An agreement signed in 2004 between the government of Suriname and a Chinese company, China Zhong Heng Tai Investment (CZHT), to rehabilitate Suriname’s palm-oil sector, which was renegotiated in 2011, may finally become a reality after the...

Suriname signs US$30 million trade finance agreement with Islamic Bank

December 20, 2016
Suriname signs US$30 million trade finance agreement with Islamic Bank JEDDAH, Saudi Arabia -- Gillmore Hoefdraad, minister of finance of Suriname, made a special visit last week to Saudi Arabia where he signed a US$30 million syndicated murabaha (non-interest-bearing) term sheet for supporting Suriname’s economic development through financing strategic imports.

Suriname foreign minister concludes Indonesia visit

December 14, 2016
Suriname foreign minister concludes Indonesia visit BALI, Indonesia -- Ahead of the Bali Democracy Forum, which took place on December 8 to 9, the foreign minister of Suriname, Niermala Badrising, on her first visit to Indonesia, held a bilateral meeting with her Indonesian counterpart, Retno Marsudi. During the meeting, the two ministers...

Largest global HIV program established for key populations in Eastern and Southern Caribbean

December 13, 2016
Largest global HIV program established for key populations in Eastern and Southern Caribbean PORT OF SPAIN, Trinidad -- A new project, the first and largest of its kind, is working to reduce the spread of HIV and improve health care for key populations most at risk of and already living with HIV in select Caribbean countries. The LINKAGES Project (Linkages across the Continuum...

CDB approves US$65 million for electricity systems upgrade in Suriname

December 10, 2016
CDB approves US$65 million for electricity systems upgrade in Suriname BRIDGETOWN, Barbados -- The Board of Directors of the Caribbean Development Bank (CDB) has approved a loan of US$65 million to the government of Suriname. The financing will upgrade and expand sections of the country’s transmission, sub-transmission and distribution networks.

Suriname drug trafficker sentenced to eleven years in US prison

December 8, 2016
Suriname drug trafficker sentenced to eleven years in US prison NEW YORK, USA -- A Surinamese man convicted of acting as the "right-hand man" to the son of the country's president as part of a scheme to send large amounts of cocaine to the United States was sentenced on Tuesday to 11-1/4 years in a US prison. Edmund Muntslag, who was arrested after...

Suriname identified as one of world's top two sources of fresh water

December 2, 2016
Suriname identified as one of world's top two sources of fresh water PARAMARIBO, Suriname -- Alliance Partners of Monaco, which is moving to tap the lucrative drinking water business, has identified Suriname and Finland as the world’s top two sources of high quality drinking water during a press conference this week in Finland. However, the company...

Arriving passenger from Suriname arrested at JFK carrying cocaine in suitcase

November 30, 2016
Arriving passenger from Suriname arrested at JFK carrying cocaine in suitcase NEW YORK, USA -- An arriving passenger from Suriname had more than clothes in his suitcase when encountered by US Customs and Border Protection Officers at John F. Kennedy International Airport in New York. On Sunday, CBP officers stopped Dhroepchand Badal, who arrived on...

Suriname develops novel means to export water to fight Caribbean drought

November 25, 2016
Suriname develops novel means to export water to fight Caribbean drought PARAMARIBO, Suriname -- This week, a boat will tow a giant bag made from PVC-coated fabric with enough water to fill an Olympic-size swimming pool from Suriname to drought-stricken Barbados and Curacao. It will be a test run for a technology Auke Piek, a 44-year-old Dutch engineer...

Suriname economy in deep recession, says IMF

November 21, 2016
Suriname economy in deep recession, says IMF PARAMARIBO, Suriname -- The economic outlook for Suriname remains challenging, the International Monetary Fund (IMF) said at the conclusion of its regular 2016 Article IV consultation. For 2016, a GDP contraction of 9 percent is projected, following a 2.7 percent contraction in 2015.

IDB engages Caribbean youth on creating vibrant economies, climate change and other issues

November 21, 2016
IDB engages Caribbean youth on creating vibrant economies, climate change and other issues KINGSTON, Jamaica -- Since the appointment last April of Therese Turner-Jones as general manager of the Inter-American Development Bank’s (IDB) Caribbean country department, there has been increased academic and social engagement with the youth across the region.

Caribbean countries receive US$8 million to reduce health risks from toxic chemicals

November 7, 2016
Caribbean countries receive US$8 million to reduce health risks from toxic chemicals PORT OF SPAIN, Trinidad -- Eight Caribbean territories are to receive financial assistance totaling US$8 million to combat exposure to toxic chemicals found in household cleaning products, processed foods and even clothing that can severely damage a person’s health.

Suriname foreign minister addresses Korea-Caribbean forum in Seoul

November 2, 2016
Suriname foreign minister addresses Korea-Caribbean forum in Seoul SEOUL , Korea -- The foreign minister of Suriname, Niermala Badrising, who was the keynote speaker at the sixth high-level forum of the Korea-Caribbean Partnership in Seoul on October 26, held under the theme “Climate Change and Food Security”, told the gathering that climate change...

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