BEIJING (AP): ASIAN STOCK markets followed Wall Street higher on Friday ahead of a United States (US) job market update that 236,000 jobs were added, a situation traders hope might encourage the Federal…
Category: Business & Economy
Protect your money
ALTHOUGH THERE are some institutional arrangements in place to protect the funds of people who entrust them to financial institutions, people must do all they can to reduce the risk of losing their…
GraceKennedy completes Scotia Insurance takeover
GRACEKENNEDY has completed its acquisition of Scotia Insurance Caribbean Limited (SICL) and has announced it will rename the entity GK Life. “The entity will be in 12 markets across the region,” Don Wehby,…
PAY BETTER
Minister of Industry, Investment and Commerce Aubyn Hill is calling on Jamaican employers to pay their employees better as part of efforts to stem the migration of skilled labour and to attract and…
Digicel debt talks extended
DIGICEL now has until the end of this month to formalise a restructuring agreement with creditors, which would “recapitalise the business and place it on a firm and sustainable footing for the future”….
Business social – April 5
On March 28, Red Stripe hosted the official launch of its $2.2-billion Cellars Expansion for beer production (CERS) Project and its newly renovated corporate office affectionately known as Red Stripe House. CERS marks…
Guyana Gov’t explains delay in final audit on ExxonMobil’s expenses
GEORGETOWN, Guyana (CMC) — The Guyana Revenue Authority (GRA) has defended its decision regarding the prolonged delay in releasing the findings of an audit that allegedly found more than US$200 million in questionable…
Business social
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…
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…