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Business - Job - Employment

With insecurity, Business people do not invest, but buy and sell

With insecurity, Business people do not invest, but buy and sell

Usually in an environment where there is no security, that also means any businessman who want to do business there is taking a high risk.

Nobody loves to go for a long drive on a bumpy road. It is true for investments as well. Conditions of severe political and economic insecurity, corruption, often underpinned by weak governance and high levels of poverty make the risk management of an investment almost impossible. In an unpredictable volatile situation, no wise investor would prefer a term investment, because although the chances of long term reward might be very high, there could be indefinite chances of downside too. However, there are investors who love to take benefit of these uncertain markets. They buy on dips and sell when it goes up and exit any time of their choice with profit-- it could be some stocks or some stakes in businesses. To them, short-term volatility is nothing strange; sometimes they wait to embrace unsecured uncertainty. They prefer to buy and sell business risks without blocking their fund in risky investments.

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Rene Preval, Michel Martelly, Hillary Clinton, Bill Clinton At Caracol Industrial Park Inauguration

Rene Preval, Michel Martelly, Hillary Clinton, Bill Clinton At Caracol Industrial Park Inauguration

Here is a picture of Caracol Industrial park Inauguration. Clinton, Martelly, Preval. The eventual workforce is projected to approach 65,000 in the future at the Industrial Park

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Doing business in Haiti, an investor's guide

Doing business in Haiti, an investor's guide

Haiti is an ideal location for business. Companies interested in doing business in Haiti can find lots of advantages that they would likely not be able to find anywhere else in the world.

Haiti has every potential to become an ideal location for every entrepreneur. It offers ample opportunities to invest and start business in some of its emergent sectors like, Energy, Agro-Industry and organic foods, Manufacturing, including textiles and apparel, Construction and building materials and Tourism including hotel furnishings and equipment. For U.S firms, interested to do business in Haiti, their first point of contact should be the U.S. Department of Commerce. The United States Export Assistance Center offices in the U.S as well as the Commercial Service (CS) offices located abroad will guide any interested U.S. firm of the best methods for finding an agent or distributor in Haiti. Since October 2011, the Commercial Section of the US Embassy in Port-au-Prince became a Department of Commerce Partner Post. Preparing the company statutes like Articles and Memorandum of Association normally take 10 days in Haiti with fees around HTG 15,000 - HTG 25,000, while registration with the Ministry of Commerce takes 78 days on average. Haitian law protects copyrights, inventions, industrial designs and models, patent rights, special trademarks, manufacturer's marks, and business names. Haiti's legislation encourages foreign direct investment. Import and export policies are non-discriminatory and are not based upon nationality. Most Haitian businesspersons speak English fluently. The Overseas Private Investment Corporation (OPIC) offers insurance against political risks and financing programs for U.S. investments in Haiti.

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Mas Holdings of Sri Lanka coming to Haiti

Mas Holdings of Sri Lanka coming to Haiti

Mas Holdings of Sri Lanka which is one of the major companies that makes Victoria's Secret, Nike and M&S) has plan to come to Haiti. The name came from the first letters of its three founders. Mr. Mahesh Amalean, Mr. Ajay Amalean and Mr. Sharad Amalean.

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Natcom, Marriot and Digicel buildings hit by 13 gunshots

Natcom, Marriot and Digicel buildings hit by 13 gunshots

Here is a picture of the three buildings that have been hit with gunshots. They are Natcom, Marriot and Digicel buildings hit by 13 gunshots

The insecurity continues to show its head in Haiti and nothing or no one can feel secure in this country. We have pictures to demonstrate that some of the biggest businesses in the country have now been targeted.

Natcom, Marriot and Digicel buildings are now the lats victims of the unsecurity as it was confirmed that these three building were have been hit with bullets. A total of 13 bullet holes have been documented; some of which shattered windows of the buildings

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The Quisqueya Economic Binational Council, CEBQ

The Quisqueya Economic Binational Council, CEBQ

Here is the map for the development of Haiti Dominican Republic border by Quisqueya Economic Binational Council, CEBQ.

On Friday, April 15, 2016, at the office of the International Finance Corporation (IFC), the Binational Economic Council Quisqueya (CEBQ) has submitted its project on the development of Haitian-Dominican Border Trade. The proposal indicates how the border development projects can benefit the inhabitants of both the nations. The Industrial Development Corporation of the Dominican Republic involved in the project, presently has employed 8,000 of its workforce and they believe there would be job opportunities for about 200,000 people within next 10 years. Population growth in both the countries is a fact that none can ignore. IFC, a part of the World Bank, was created in 1956 with an objective to assist economic development by encouraging the growth of productive private enterprise in its member nations, particularly in the underdeveloped areas. Thus, we should make them understand the need to invest and assist the Binational Economic Council Quisqueya in every possible way.

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Who is Marc Antoine ACRA?

Who is Marc Antoine ACRA?

Here are several pictures of the Haitian businessman Marc Antoine ACRA.

Marc Antoine Acra, as the Director General of the company categorically rejected this statement as derogatory rumors and said an American freight company chartering boats for NABATCO receives payments of the freight and is fully responsible for the contents of the cargo loaded on the ships. These cargoes were accepted under the supervision of Colombian port authorities, checked by the narcotics control authorities and the security service before leaving the port of Buenaventura. NABATCO is nothing more than a vessel owner, and cannot be held responsible for any act performed beyond the limits its knowledge.

Danton, as the new Government Commissioner, has issued travel interdiction for several individuals, including Alix Celestin on the belief that it could bring light on the matter. There was a single contract between the State and NABATCO valuing between 700 and 800 million gourdes, but that was awarded without any tender. The act of Mr. Alix Célestin was beyond his authority as there was no proper tender that allowed Acra to carry the load aboard Vessel Manzanares. The ship with a Panamanian flag as per declaration was supposed to carry a cargo of sugar for NABATCO commissioned by the company of Marc Antoine Accra. Marc Antoine Acra is a member of the powerful Acra business family in Haiti.

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Agreement Marc Antoine Acra of NABATCO and Haiti Government

Agreement Marc Antoine Acra of NABATCO and Haiti Government

On December 9, 2015 the Ministry of Agriculture in Haiti entered into an agreement with businessman Marc Antoine Acra where his business NABATCO where would have the right to sell and distribute the product "VITAZYME" to allow Haitian farmers to farm. Marc Antoine Acra believes that his product is going to help growers and farmers to get better results.

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Who is Jean Paul Coutard?

Who is Jean Paul Coutard?

He is the man who build the bus and call it "Haitian Pride", symbolic, Jean Paul Coutard.

In May 2006, when President René Préval was taking oath of his presidency, Coutard felt determined to make his dream come true. He took this as a challenge. His first step in achieving his dream was to win a scholarship from Canada to learn coach design. While studying in Canada, he took a part time job. He used his earnings to import various body parts from the UK, Australia and Canada. He waited a long time to find the right time to launch his dream. Following the 2010 earthquake, he returned home and began production with his family firm, 'Coutard Motors'. On 22 August 2013, his dream came true. The first prototype bus made in Haiti was presented at the Metropolitan Industrial Park SONAPI in the presence of several ministers and members of the Government.

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Wharf Jeremie, in the commune of Cite Soleil.

Wharf Jeremie, in the commune of Cite Soleil.

Here is a picture of the new Wharf Jérémie, in the commune of Cité Soleil.

The project was initiated in November 2013 under the various five year action plans undertaken by the Martelly Administration to put Haiti on the road to prosperity by building supportive infrastructure to rejuvenate its competitiveness and facilities for development. To allow the implementation of the project, 323 families were relocated. They voluntarily dismantled their homes and shifted to makeshift shelters or houses. The plans undertaken by his administration also include the construction of the Port of Petit-Goâve, the North Quay of the Port of Port-au-Prince, and the construction of the Unit of Port of Cabotage of Jérémie and of La Saline.

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