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…
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,…
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…
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”….
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…
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…
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…
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…
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…
Jamaican Student Helped by Connecticut Organization to Follow His Dream and Become a Professional Golfer
Jamaican student Shamar Wilson is a star athlete at Albertus Magnus College in Connecticut. He is also an outstanding member of the school’s golf team and hopes to become a professional golfer one…
