News

  • May 3, 2013
    846

    The focus on ODIs and T20

    GEORGETOWN, Guyana, Stabroek News – Perusing the statements by West Indies Cricket Board (WICB) chief executive officer Michael Muirhead and newly elected Board president Whycliffe ‘Dave’ Cameron regarding Pakistan’s tour of the West Indies this year, which will comprise five One Day Internationals (ODIs) and two Twenty20 (T20) matches, one is left none the wiser as to what precisely were…

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  • May 3, 2013
    916

    Protecting freedom of the press

    BRIDGETOWN, Barbados, Advocate -Today is World Press Freedom Day and the theme for this year is “Safe to Speak: Securing Freedom of Expression in All Media”, with the focus on preventing acts of violence or discrimination against journalists and media personnel as they seek to report on the happenings around the world. However, it is fair when considering “press freedom”…

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  • May 3, 2013
    873

    JAMAICA-CRIME-Prime Minister’s brother beaten and robbed

    KINGSTON, Jamaica, CMC- The brother of Prime Minister Portia Simpson Miller was beaten and robbed during early Thursday morning at his business place, in downtown Kingston. The police have confirmed that between 3.30am and 4.30am, armed men broke into the store owned by Vincent Simpson who is the elder brother of the Prime Minister. The men demanded money and during…

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  • May 3, 2013
    1,146

    SURINAME-FINANCE-Suriname insurance company acquires Trinidad’s Gulf Insurance

    PARAMARIBO, Suriname, CMC – Assuria insurance company has acquired the Trinidad and Tobago-based Gulf Insurance Ltd in a move the company says will solidify moves to expand its operations into the Caribbean. The cost of the sale has not been disclosed, but Assuria’s general manager Stephen Smit told shareholders that the Central Bank of Suriname (CBvS) had granted permission to…

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  • May 3, 2013
    807

    B’dos attracting investor interest

    BRIDGETOWN, Barbados, Advocate -According to the Minister of Finance, a lot of interest is being shown in Barbados by outside investors. Minister Christopher Sinckler stated recently that he has been taking meetings with investors that are very interested in coming into the Barbadian market. Speaking at a press conference on the state of the local economy, the Finance Minister told…

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  • May 3, 2013
    835

    New money in June

    BRIDGETOWN, Barbados, Advocate – From June 4, Barbadians will have their hands on crisp, boldly coloured, newly designed bank notes. News of this broke yesterday at the Central Bank at the launch of the new family of currency notes. Though the same familiar portraits of well accredited Barbadians and the familiar colours will remain associated with each note denomination, the…

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  • May 3, 2013
    909

    ANTIGUA-DRUGS-Criminals adopting new strategies in illegal drugs and money laundering activities

    ST. JOHN’S, Antigua, CMC – The Office of National Drug and Money Laundering Control Policy (ONDCP) is warning criminals it will continue to pursue its mandate obligations to the country even as they adopt new strategies to carry out their illegal activities in Antigua and Barbuda. “The counterdrug efforts remain consistent but increasingly challenging as the criminals are learning from…

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  • May 3, 2013
    834

    IRS targets Caribbean bank accounts

    KINGSTON, Jamaica, Observer – A federal court in California has authorised the Internal Revenue Service (IRS) to serve a “John Doe” summons seeking information about US taxpayers who may hold offshore accounts in a Barbados-headquartered Caribbean bank. The Department of Justice has identified the bank as the Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB). It said the order…

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  • May 3, 2013
    1,032

    CARIBBEAN-ECONOMY-Psychometric testing a good indicator for creditworthiness in the Caribbean

    WASHINGTON, CMC – The Inter-American Development Bank (IDB) says it has found that “psychometric” testing is a “good predictor” of creditworthiness and a cost-effective way for financial intermediaries in Latin America and the Caribbean to reduce the costs of their credit assessment operations. The Washington-based financial institution said the testing is a tool that has been successfully used by human…

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  • May 2, 2013
    1,031

    CDC begins consultations on disasters towards Cabinet approval

    GEORGETOWN, Guyana, Chronicle – THE Civil Defence Commission (CDC) hosted a National Stakeholders Consultation yesterday at which there was a presentation on the National Early Warning Systems (EWS) in Guyana. First in a series, the event was in an effort to get feedback on the documented proposals prior to seeking Cabinet approval of them. The forum saw participation by representatives…

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