GK General Insurance (GKGI) in partnership with their parent brand, the GraceKennedy Financial Group (GKFG), and sister company First Global Bank had the opportunity to host several special guests in their Hospitality Skybox…
Category: Business & Economy
CBTT maintains repo rate
The Central Bank of Trinidad a nd Tobago (CBTT) is holding its repo rate at 3.5 per cent going into a third-straight year despite the International Monetary Fund (IMF) urging it to consider…
Warm and welcoming
Employees at the newly renovated Chukka Caribbean Adventures-managed Harrison’s Cave Eco-Adventure Park all agree that the polite and inviting nature of locals in Barbados is possibly the number one reason for the high…
Scotia Investments raises $250 million for CAC 2000
Scotia Investments Jamaica Limited (SIJL) recently led the successful raise of approximately $250 million to refinance maturing preference shares for air-conditioning and energy solutions provider CAC 2000 Limited. Senior manager of investment banking…
To counter China, US trade rep seeks closer ties to allies
WASHINGTON (AP): THE JOE Biden administration is pressing its case for a new approach to global trade, arguing that America’s traditional reliance on promoting free trade pacts failed to anticipate China’s brass-knuckled brand…
Stocks dip, yields drop on latest signs of slowing economy
NEW YORK (AP): STOCKS WERE dipping on Wall Street yesterday, and Treasury yields were dropping following the latest signals that the United States economy is slowing under the weight of much higher interest…
Geophysx hunts rare earth minerals, outside partners
MINING START-UP Geophysx, which holds some 70 licences to explore for copper, zinc, gold, and rare earth minerals, will seek two partners to augment its new drilling projects. The partnerships will serve as…
CIBC FirstCaribbean makes significant purchase of Barbados gov’t bonds
BRIDGETOWN, Barbados (CMC): CIBC FirstCaribbean said yesterday it is acquiring BDS$100 million (1 Barbados dollar=US$0.50 cents) in the Barbados Optional Savings Schem, BOSS, Plus investment instrument that officials say represents the return of…
MicroFin sector gets access to core banking platform
REPRESENTATIVES OF microfinance institutions, MFIs, or MCIs, are to sit down with regulators in the coming days to chart a way forward, as the MFIs transition to a regulated environment under the Microcredit…
MSME President Wignall welcomes NCB’s Quick Biz Express loan
PRESIDENT OF of the Micro Small and Medium Enterprises, MSME, Alliance, Donovan Wignall, has welcomed National Commercial Bank’s, NCB, Quick Biz Express, the bank’s fully digital financing solution for pre-approved small and medium…