BASSETERRE, St Kitts (CMC):ST KITTS AND Nevis Tuesday took control of a new 6,000-barrel storage tank under the Venezuela-led PetroCaribe initiative that local officials said would help improve the Federation's trading capabilities....
In response to the question about the purpose of a résumé, an informal survey revealed that 50 per cent of people said, "to give the potential employer information about yourself, your qualifications and your...
TOKYO (AP):Japan's central bank cut its key interest rate to virtually zero in a surprise move Tuesday, and is looking to set up a US$60-billion fund to buy government bonds and other assets as it tries to inject life...
A trial date of September 2011 has now been set for the case that the joint liquidators of Dyoll Insurance Company has brought against former reinsurer Aon Benfield Canada, formerly Aon Re Canada, claiming negligence in its advice as reinsurance...
GEORGETOWN, Guyana (CMC):The Guyana government is welcoming the introduction of a new airline that will offer low fare services to Guyana and the Caribbean.Two senior officials of the airline, Airone, met with President...
With aggregate member firm revenues of US$26.6 billion at the end of May and a workforce of approximately 170,000 people worldwide, management consultant firm Deloitte Touche Tohmatsu Limited (DTTL) has risen to the top position in the market...
Stephen Price, former World Cup commercial director, and who, up until recently, held a senior post at Digicel, has joined LIME Caribbean in St Johns, Antigua.Price took up the position of manager, special projects...
WASHINGTON (CMC):The Inter-American Development Bank (IDB) is providing a US$20 million grant to help Haiti establish a partial credit guarantee fund, to facilitate the restructuring of loans to businesses affected by the January 12 earthquake that...
ST GEORGE'S, Grenada (CMC):THE GRENADA Cooperative Nutmeg Association (GCNA) has said it intends to cash in on increased prices for nutmegs on the world market as a result of an international shortage.GCNA Chairman, Denis Felix,...
In a September 28 speech the Private Sector Organsiation's Chairmen's Club, the new director general of the Planning Institue of Jamaica (PIOJ), Dr Gladstone Hutchinson, argued that fiscal consolidation and reducing crime and violence were critical...
Results of a survey conducted by the Consumer Affairs Commission (CAC) has shown that Jamaican banks have indeed hiked fees to counteract the decline in interest rates due to the Jamaica...
Consumer confidence in Jamaica reached its strongest in the third quarter since the onset of the global meltdown in the latter period of 2008, while businesses, uncertain about the present, remained confident about the future of the economy....
The surging economies of Asia should be granted more power in the traditionally Western-dominated global financial institutions, Chinese Premier Wen Jiabao said Monday at the opening of the Euro-Asian summit.
BHP Billiton's potential hostile takeover of Potash Corp could reduce the provincial Saskatchewan government's revenues by at least US$2 billion over the next 10 years, a Saskatchewan government-commissioned report released Monday said.Australia's BHP...
There was a recent report that the Latin American countries are doing better than the Caribbean countries in terms of growth. There is also a debate in Jamaica about removing the older politicians through the imposition of the age limit!...
An initiative which could significantly reduce Caribbean hotels huge reliance on imported foods while saving foreign exchange is being given serious consideration by at least one regional tourism body....
The Caribbean is expected to reap US$11.7 billion in tourism revenues in 2010 despite the effects of the global economic crisis on the tourism and travel industry.According to Jamaica Tourist Board (JTB) chairman John...
LIME Jamaica said Friday that country manager Geoff Houston, whose portfolio spans Jamaica and Cayman, will be leaving the Jamaica business to head up a mergers and acquisitions team "dedicated to assessing expansion opportunities and expansion implementation for LIME in the Caribbean"
The United States dollar hit a six-month low against the euro Friday after strong economic growth overseas overshadowed more modest signs of expansion in the United States.
Vance Ehmke tracks global grain markets as closely as he watches the weather forecasts, so when his winter wheat crop was nearly double its normal size, he hoped all those extra bushels would make up for lacklustre prices amid a global grain glut.Then...
Joseph Matalon, president of the Private Sector Organisation of Jamaica (PSOJ), is urging Jamaican businesses to help give life to the CARICOM Single Market and Economy (CSME) by getting more aggressive about expanding their business dealings.
