News
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What does the future hold for Clico?
PORT OF SPAIN, Trinidad – Many an insurance company fancies itself as being both an insurer (that is, a risk manager) and an investment manager of sorts. The main reason for this tendency is that they use the pre-paid portion of insurance premiums (both short-term and long-term) to invest. In some aggressive cases, they price their products very competitively and…
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AG steps aside
PORT OF SPAIN, Trinidad – Attorney General Anand Ramlogan has temporarily relinquished his responsibilities for the Central Authority, paving the way for the police investigating the e-mail matter to seek foreign assistance if they need it. Sources said yesterday that Ramlogan wrote to the head of the Central Authority, Netram Kowlessar, last month recusing himself from all duties and responsibilities…
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Taiwan provides funds to St. Lucia
CASTRIES, St. Lucia, CMC – St. Lucia has received a grant of EC$7.5 million (One EC dollar = US$0.37 cents) from Taiwan to assist with development projects on the island. Prime Minister and Minister of Finance Kenny Anthony said the funds represented the balance from the first set of constituency development projects (CDP) submitted for funding and will create a…
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Dominica speaks of the benefits of OECS Economic Union
ROSEAU, Dominica, CMC – Dominica Wednesday said that the Economic Union of the Organisation of Eastern Caribbean States (OECS) provides an opportunity for the sub-region to improve its trading relations with the international community. “The establishment of an Economic Union, which is the single market, also the single financial space and economic space, will assist the development of the OECS…
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Thousands of children engaged in child labour in Jamaica
KINGSTON, Jamaica, CMC – The Jamaica government says it is committed to the elimination of all forms of child labour in the country. “Our determination in this goal is unshakable and we will remain engaged with the International Labour Organisation (ILO), the European Union, and other international and local partners in this endeavour,” said Labour and Social Security Minister Derrick…
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