Dominica is a sovereign island country. [1] Bananas and other agriculture dominate Dominica's economy, and nearly one-third of the labour force works in agriculture. This sector, however, is highly vulnerable to weather conditions and to external events affecting commodity prices. In 2007, Hurricane Dean caused significant damage to the agricultural sector as well as the country's infrastructure, especially roads. In response to reduced European Union (EU) banana trade preferences, the government has diversified the agricultural sector by promoting the production of coffee, patchouli, aloe vera, cut flowers, and exotic fruits such as mango, guava, and papaya.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
National Bank of Dominica | Financials | Banks | Roseau | 1976 | Commercial bank |
Swiss Mutual Fund | Financials | Equity investment instruments | Roseau | 1948 | Defunct 2007 |
The Chronicle (Dominica) | Consumer services | Publishing | Roseau | 1909 | Daily newspaper |
Dominica is an island in the Caribbean Sea, located about halfway between the French islands of Guadeloupe and Martinique. Its coordinates are 15 25 N, 61 20 W. It is known as "The Nature Island of the Caribbean" due to its spectacular, lush, and varied flora and fauna, which is protected by an extensive natural park system. It is the fourth largest island in the Eastern Caribbean with a population of people mainly of African descent.
The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. The country's leading export is coffee (US$340 million), which accounted for 22% of the total Honduran export revenues. Bananas, formerly the country's second-largest export until being virtually wiped out by 1998's Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. Cultivated shrimp is another important export sector. Since the late 1970s, towns in the north began industrial production through maquiladoras, especially in San Pedro Sula and Puerto Cortés.
The economy of Dominica is reliant upon agriculture, particularly bananas, with the financial services industry and passport sales becoming increasingly the island's largest source of income. Banana production employs, directly or indirectly, upwards of one-third of the work force. This sector is highly vulnerable to weather conditions and to external events affecting commodity prices. The value of banana exports fell to less than 25% of merchandise trade earnings in 1998 compared to about 44% in 1994.
Roseau is the capital and largest city of Dominica, with a population of 14,725 as of 2011. It is a small and compact urban settlement, in the Saint George parish and surrounded by the Caribbean Sea, the Roseau River and Morne Bruce. Built on the site of the ancient Island Carib village of Sairi, it is the oldest and most important urban settlement on the island of Dominica.
Salisbury is a town on the west coast of the small Caribbean island nation of Dominica. It is located at 15°26′9″N61°26′13″W and is a part of the country's St. Joseph administrative division. Its population is 2,129.
Edison Chenfil James is a Dominican politician who served as the prime minister of Dominica from June 14, 1995 to February 3, 2000 as well as the Member of Parliament for the Marigot constituency from 1990. He graduated from the Dominica Grammar School. He holds a Bsc degree in Botany from the University of East London, a MSc degree in Biochemistry from the University of Reading and a post graduate diploma in crop protection technology from Imperial College. He worked in a number of local and regional institutions including the Caribbean Development Bank, but it was as manager of the Dominica Banana Marketing Company that he rose to prominence on the island. He was instrumental in resuscitating the island's critical banana industry which had been decimated by Hurricane David. James has been active in regional cricket as an administrator; he was Manager of the Windward Islands cricket team and the Combined Islands cricket team. He is also a member of the Rotary Club.
Charles Angelo Savarin is a politician from Dominica who has been President of Dominica since 2013. He is a member of the Dominica Labour Party and served for a time as Minister for National Security, Immigration, Labour and the Public Service.
The 'Economy of the Caribbean' is varied, but depends heavily on natural resources, agriculture and travel and tourism.
Oliver James "O. J." Seraphin was the Minister of communication and works and housing for the Labour Party government from 1975- 1979 and acting Prime Minister of Dominica from June 25, 1979, until July 21, 1980.
Colihaut is a coastal village in northern Dominica within Saint Peter Parish midway between the towns of Roseau and Portsmouth. It has a population of 773 people.
Grand Bay, known officially as Berekua or Berricoa, is a village in the south of Dominica. It has a population of 2,288 as of 2010, and is the largest settlement in St. Patrick Parish.
Calibishie is a village in Dominica, located on the north-east coast of the island, immediately to the east of the village of Hampstead. The Calibishie Coast Travel Area is thought by many to be the most scenic and unspoiled region of Dominica. The Calibishie coast is one of the few areas in the world where the distance from the seashore to rain forest is little more than a mile. Calibishie is home to Dominica's Batibou, Hampstead, Hodges, Point Baptiste, Turtle and Woodford Hill Beaches.
Dominica, officially the Commonwealth of Dominica, is an island country in the Caribbean. The capital, Roseau, is located on the western side of the island. It is geographically situated as part of the Windward Islands chain in the Lesser Antilles archipelago in the Caribbean Sea. Dominica's closest neighbours are two constituent territories of the European Union and Eurozone, the overseas departments of the French Republic, Guadeloupe to the northwest and Martinique to the south-southeast. Dominica comprises a land area of 750 km2 (290 sq mi), and the highest point is Morne Diablotins, at 1,447 m (4,747 ft) in elevation. The population was 71,293 at the 2011 census.
The effects of Hurricane Dean in the Lesser Antilles were spread over five island countries and included 3 fatalities. Hurricane Dean of the 2007 Atlantic hurricane season formed in the Atlantic Ocean west of Cape Verde on August 14, 2007. The National Hurricane Center's first Forecast Advisory on the system anticipated that the Cape Verde-type hurricane would pass into the Caribbean through the Lesser Antilles. The storm moved persistently towards the small island chain, strengthening until it passed through the islands three days later on August 17 as a Category 2 hurricane on the Saffir-Simpson Hurricane Scale. It went on to brush the island of Jamaica and reached Category 5 strength before making landfall on Mexico's Yucatán Peninsula.
The following outline is provided as an overview of and topical guide to Dominica:
Tonga's economy is characterized by a large nonmonetary sector and a heavy dependence on remittances from the half of the country's population that lives abroad, chiefly in Australia, New Zealand, and the United States. Much of the monetary sector of the economy is dominated, if not owned, by the royal family and nobles. This is particularly true of the telecommunications and satellite services. Much of small business, particularly retailing on Tongatapu, is now dominated by recent Chinese immigrants who arrived under a cash-for-passports scheme that ended in 1998.
Dominica–India relations refers to the international relations that exist between Dominica and India, both republics in the Commonwealth of Nations. The High Commission of India in Port of Spain, Trinidad and Tobago is concurrently accredited to Dominica. Neither country hosts a resident diplomatic mission of the other.
Dominica–Mexico relations refers to the diplomatic relations between the Commonwealth of Dominica and the United Mexican States. Both nations are members of the Association of Caribbean States, Organization of American States and the United Nations.