Member
-
Opposition, activist call for re-thinking formula for selling FCB shares
PORT OF SPAIN, Trinidad, CMC – The main opposition People’s National Movement (PNM) Monday called on the Trinidad and Tobago government to reconsider the formula used for privatising the state-owned First Citizens Bank (FCB). The FCB launched its initial public offering (IPO) of more than 48 million ordinary shares earlier this month in a move the bank says will be…
Read More » -
Caribbean Needs More Local Digital Content Online
PORT OF SPAIN, Trinidad – Producing more local digital content remains one of the most effective means of increasing internet penetration in any market. Local content production can also create significant opportunities and positively impact both social and economic development. This was the view expressed by Rhea Yaw Ching, corporate vice president sales and marketing at Columbus Communications, at the…
Read More » -
PM urges Jamaicans to remain focus on turning around economy
MONTEGO BAY, Jamaica, CMC – Prime Minister Portia Simpson Miller is urging Jamaicans to remain focus as the country goes through what is perhaps its most ambitious and far-reaching economic transformation programme. She noted that in implementing that economic programme that involves a multi-million Stand By Agreement (SBA) with the International Monetary Fund (IMF), her administration “is aware that it’s…
Read More » -
Prime Minister accuses some businesses of using VAT as a scapegoat for their problems
CASTRIES, St. Lucia, CMC – The St. Lucia government says nine months after introducing the Value Added Tax (VAT), sections of the business community were still using the measure as a scapegoat for their problems and issues. The VAT was introduced here on October 1, last year amid objections from opposition elements and sections of the small business community that…
Read More » -
Government may allow smoking in special areas for businesses
KINGSTON, Jamaica, CMC – Health Minister, Dr. Fenton Ferguson, says he is willing to look at the possibility of allowing businesses, especially in the tourism industry, to have a special area outdoors to facilitate smokers. But Dr. Ferguson is making it clear that under the new measures that went into effect on July 15 banning smoking in public places, the…
Read More » -
Dominicans ‘cannot continue to tolerate bans’ from Haiti: Mogul
Santo Domingo.- US$75.0 million in losses is what the Haiti government’s ban on plastics means for Dominican Republic, which “cannot continue to tolerate bans being imposed.” Dominican Republic Industries Association (AIRD) president Ligia Bonetti on Monday said Haiti takes its measures without rationality and without any support and that the latest ban could lead to losses of more than US$75…
Read More » -
Avoid international fallout!
KINGSTON, Jamaica – OFFICIALS of the Financial Investigations Division are urging the Government to take steps to carry out its commitment to the Caribbean Financial Action Task Force to ensure several groups are regulated by November this year or risk seeing the country on a watch list which could scare investors. “In 2012 [the ministries of] Finance, Foreign Affairs, Justice…
Read More » -
LIAT lands first flight at Ogle
GEORGETOWN, Guyana – LIAT Airlines landed its inaugural official flight at the Ogle International Airport on Monday at 15:30h which departed Grantley Adams International Airport at 12:30h filled to capacity. Present to witness touchdown of the 50-seater Dash 8 aircraft was Transport Minister Robeson Benn, who stated that one of the barriers for the Caribbean has been regional connections. Media…
Read More »