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January 2016

Call for Enterprise, Entrepreneurship and Sustainable Development Papers


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The Mona School of Business & Management, UWI will be hosting its second Business and Management Conference themed “Connecting the Dots: Enterprise, Entrepreneurship and Sustainable Development.” The conference will be held at the Jamaica Pegasus Hotel in Kingston, Jamaica November 9-11, 2016 and will also feature a vibrant social programme.

Publication opportunities and awards include the A-Ranked (ABDC) journal Entrepreneurship and Regional Development and for the best paper. A Doctoral Consortium will also feature in the programme.

Key Dates: 

ABSTRACTS DUE: Feb 29, 2016                                 

DECISIONS: April 30, 2016                                         

FULL SCRIPTS: August 31, 2016

CONFERENCE: November 9-11, 2016

The detailed call for papers (above) gives other critical information, including themes and submission guidelines.

 

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“Bright Spot” for the Caribbean Leadership Project’s (CLP) Leadership Development Programme Workshop in Belize


The Small Business Development Centre Belize (SBDCBelize), BELTRAIDE hosted a delegation of regional officials and a member of the Caribbean Leadership Project on Wednesday, January 20, 2016, under the theme “leading through others”. The Caribbean Leadership Project is a seven year project funded by the government of Canada. One of the key components of the project is a multi-phased Leadership Development Programme (LDP) targeting the top three levels of leadership in the public sector in twelve participating countries and key regional institutions.

The LDP alumni on the ground in Belize identified the Small Business Development Centre to be an outstanding example of adaptive leadership, in a complex, multi-stakeholder environment. The meeting took form of an interactive dialogue, where the challenges and successes associated with leading through others and the contributing factors which have led to the formation of effective partnerships between SBDCBelize and stakeholders was explored. After the meeting the alumni was invited to attend a small expo where clients of SBDCBelize displayed their products and services.

Live and Invest in Belize 2016


BelizeINVEST, BELTRAIDE was invited to speak at the Belize edition of the Live and Invest Overseas 2016 conference held on January 20th, 2016 at the Ramada – Princess Hotel and Casino in Belize City, Belize. The Live and Invest Overseas conference hosts attendees from the U.S. and Canada interested in learning more about the various benefits Belize has to offer as a retirement destination as well as a business hub in Latin America and the Caribbean. Today’s conference hosted over 120 participants that were able to learn more about the economy, investment opportunities and government incentives available to invest in Belize. Additionally, the conference hosts various presentations from a wide array of local and international speakers that provide further information on residency, taxes, bank accounts, corporations, holding structures, health insurance, real estate options and employment or entrepreneurial opportunities. 

For further details on the presentation delivered at the Live and Invest Overseas 2016 conference, please contact our team at BelizeINVEST, BELTRAIDE via email at investment@belizeinvest.org.bz or phone at +501-822-3737.

“Blackadore Caye – A Restorative Island” Conducts Public Consultation on Drafted EIA


Blackadore Caye is an ultra-luxury eco-resort to be developed on approximately 104 acres of land situated between Ambergris Caye and mainland Belize. The developers propose to develop 41.4% of the acreage on the island with 58.6% being left untouched as conservation zones. The development also proposes to construct facilities on the island that is divided into four (4) program zone components each characterised by a distinct set of structures and amenities including: (1) the Blackadore Village, (2) the Hotel Suites and Bungalows, (3) the Estate Homes and (4) the Clubhouse and Services / Pantry (Oasis Station). 

The estimated investment size of the project is approximately USD $250 million seeking to generate in excess of 170 jobs in Belize.

 On Thursday, January 15th, 2016, the National Environmental Appraisal Committee (NEAC) visited Blackadore Caye, owned by American Actor, Leonardo DiCaprio, in assessing the Environmental Impact Assessment (EIA) for the multi-million dollar eco-resort investment in Belize. The EIA was also presented by the developers to the island community of San Pedro Town at the Lion’s Den as a part of the public consultation process. Further updates on the next steps of the project based on the EIA and public consultation will be communicated from NEAC via the Department of Environment (DOE) in the weeks to come.

For any additional details on the development, kindly direct your query to BelizeINVEST, BELTRAIDE at investment@belizeinvest.org.bz or call +501-822-3737

THE IMPORTANCE OF COMPETITION DURING ECONOMIC RECESSION


During 2015, the effects of the 2008 financial crisis continued to impact negatively on the economic and social welfare of the CARICOM Member States and their citizens.
Unfortunately, another difficult year is ahead of us with many economic challenges anticipated both within the CARICOM Single Market and Economy (CSME) and extra-regionally. The global economy is projected to show modest growth when compared to 2015. However, at the regional level the situation remains uncertain with potential downside risks including falling global oil and commodity prices and bouts of financial volatility, which could result in lower than expected economic growth for Member States.
The CARICOM Competition Commission (CCC) is acutely aware that as economic improvement is slow in coming, and as domestic demand within the Member States remains weak, anti-competitive conduct such as collusive agreements and abuse of dominance are likely to abound in 2016. Additionally, unfair trade practices of large companies against small and medium-sized businesses may also harm the economies in the CSME, and ultimately reduce consumer welfare.

The CCC is also mindful that in difficult economic times, Governments sometimes believe that they are protecting consumers by restricting competition in key sectors such as utilities, health, public procurement and energy. This is done by preventing the entry of new players into markets through licensing and regulatory restrictions; regulating prices through price or margin controls; and limiting certain contracts only to local firms e.g. office furniture, and stationery and office supplies, drugs, and road works.
The CCC therefore views 2016 as a pivotal year in the enforcement of competition law, as well as advocacy for consumer protection in the region. This is with the unrelenting view that competition and consumer protection initiatives can help ease the difficulties faced by consumers as a result of anti-competitive conduct and austere Government policies implemented during periods of recession.

For 2016, drawing upon the work program which has already been approved by Member States, the CCC will continue to vigorously protect and maximise consumer welfare in the CARICOM region. Accordingly, the CCC intends to make consumers the focus of its message to Governments and parliamentarians, sector regulators, the business community, and other special interest groups such as the judiciary, media, and Non-Governmental Organisations (NGOs).
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In this regard, the CCC will continue to work closely with National Consumer Protection Agencies and Consumer NGOs in CARICOM Member States on initiatives which commenced in 2015 such as:
• The establishment of national and regional consumer complaints databases and their effective uses for consumer protection enforcement;
• Research into priority areas for consumers such as financial services and utility regulation; and
• Consumer education.
With respect to competition policy, the CCC will establish the CARICOM Competition Network (CCN) in collaboration with the CARICOM Secretariat CSME Unit, and national competition authorities (NCAs) in the CSME, in 2016. The CCN will seek to encourage closer collaboration between NCAs on matters such as:
• Harmonization of investigation procedures;
• Administrative and legislative barriers to efficiency in competition investigations;
• Information exchange;
• Development of CSME Product Market Indicators; and
• Competition Training and Education programme.

In conclusion, as the designated regional advocate for competition and consumer protection, the CCC takes this opportunity to encourage Governments and sector regulators to view this period of financial constraints as an opportunity to implement or enforce policies that maximise competition among existing operators; facilitate entry and investment of new entrants into markets; and modernise the legislative and regulatory framework for competition and consumer protection. For its part, the CCC will continue to promote and lay the groundwork for the principles of competition law and policy and the effectiveness of consumer protection enforcement in the region.

Further information about the work of the CCC, can be accessed by contacting admin@ccc.sr with your questions or by utilising the query facility on http://www.caricomcompetitioncommission.com

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