Scotiabank to sell nine operations in Caribbean
Jamaica Gleaner

Scotiabank yesterday announced an agreement to sell its banking operations in nine non-core markets in the Caribbean to Trinidad-based Republic Financial Holdings Limited. The countries included...

CIBC FirstCaribbean shutters Anguilla operation
Jamaica Observer

CIBC FirstCaribbean International Bank will close its Anguilla office on Thursday, 31 January 2019.The announcement, which came by way of a press release, follows on economic downturn in the Caribbean island resulting in...

Anguilla to receive US$5.6-m loan from CDB
Jamaica Observer

ST GEORGE'S, Grenada — The Caribbean Development Bank (CDB) says its board has approved a loan of US$5.6 million to assist the Government of Anguilla in meeting its fiscal obligations after the destruction caused by...

Smith earns Windies recall
Trinidad Guardian

Windward Islands batsman Devon Smith has been recalled to the Windies team for the upcoming Test series against Sri Lanka in the Caribbean. The left-handed Smith and Leewards wicketkeeper/batsman, Devon Smith and Leewards...

Caricom concern over money laundering law
Trinidad Guardian

GEORGETOWN, Guyana—The 15-member Caribbean Community (Caricom) grouping said it is “deeply concerned” about the potential impact on the economies of some of its associate members as Britain lawmakers get...

ECCB Governor says hurricane reversed significant strides in 2017
Trinidad Guardian

BASSETERRE, St. Kitts – Hurricanes Irma and Maria that swept through the Lesser Antilles in September “rudely interrupted and reversed” the significant stride that had been made by the Eastern Caribbean...

Police investigate mid-morning shooting incident in George Hill
Anguilla Life

The Royal Anguilla Police Force is investigating the circumstances surrounding a shooting incident which occurred in George Hill in the area of the DIGICEL Cooperate

St Vincent cruise sector to benefit from hurricane damage to other Caribbean countries
Jamaica Observer

KINGSTOWN, St Vincent (CMC) — St Vincent and the Grenadines' tourism sector is expected to benefit as a result of the damage caused to other Caribbean islands by hurricanes Irma and Maria last month, Prime Minister...

Trade minister Gopee-Scoon: Govt to crack down on profiteering
Trinidad Guardian

Government will closely monitor post-budget price adjustments to address any profiteering since businesses must also be part of the 2018 burden-sharing, Trade Minister Paula Gopee-Scoon said yesterday. Speaking in the...

SOTIC opens against the backdrop of devastation caused by hurricanes
Trinidad Guardian

Chairman of the Barbados-based Caribbean Tourism Organisation (CTO), Dionisio D’Aguilar, who is also the Bahamas Tourism and Aviation Minister, told the opening ceremony of the annual State of Tourism Industry...

World Council of Credit Unions activates Caribbean Relief Fund
Trinidad Guardian

BRIDGETOWN – The World Council of Credit Unions (WOCCU) has activated a Caribbean Relief Fund to support credit unions that have been affected by Hurricane Irma that recently devastated sections of the Caribbean ....

Govt to renegotiate hurricane insurance scheme
Nassau Guardian

The Bahamas government is in talks with the CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) to split The Bahamas into three regions in order to get the most out of the country’s tropical...

CCRIF SPC to give Bahamas $234K payout after Irma
Nassau Guardian

Hurricane Irma has triggered payments from CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) of approximately US$29.6 million, with The Bahamas receiving $234,000. A release from CCRIF SPC yesterday...

Digicel donates to Caribbean countries affected by #Irma
Jamaica Observer

KINGSTON, Jamaica — Digicel Trinidad & Tobago says it has donated crucial supplies to Anguilla and the British Virgin Islands, which were severely affected by Hurricane Irma last week.In a release today, the...

CHTA ready to assist hurricane-affected islands
Nassau Guardian

The Caribbean Hotel and Tourism Association (CHTA) has vowed to begin mobilizing for Hurricane Irma-affected islands as assessments begin to come in to the organization. The CHTA in a release yesterday “expressed...

LIAT announces flight disruptions due to Hurricane Irma
Dominica News Online

LIAT wishes to advise passengers that due to the impending passage of Hurricane Irma that several destinations will be affected. A Hurricane Warning is in effect for Antigua, Barbuda, Anguilla, Montserrat, St. Kitts, St....

New CEO appointed for Digicel Anguilla
Jamaica Observer

KINGSTON, Jamaica — Digicel today announced the appointment of Kerchelle Jn Charles-Hodge as Chief Executive Officer for its Anguilla operations effective August 2017.In this role, Charles-Hodge will have oversight...

ECCB offers re-assurance about safety of currency
Trinidad Guardian

BASSETERRE, St Kitts “The ECCB continues take steps to deter the circulation of counterfeit notes and to protect the stability of the Eastern Caribbean currency,” the ECCB said. The statement by the ECCB, which...

IMF study on Caribbean: VAT can yield more revenue
Trinidad Guardian

WASHINGTON— The IMF has released a Working Paper that reviewed the tax administration reforms that have been undertaken by 20 Caribbean countries with the support of the Fiscal Affairs Department of the...

Bloomberg: Princess One Of Best New Resorts
Bernews

Bloomberg has highlighted the Hamilton Princess as one of the “Best New Resorts in the Caribbean,” saying that their “$100 million investment has breathed new life into this grand dame.” Saying that...

Chris, Romain for Moonsplash fest
Jamaica Observer

FORMER winners of the televised talent show Digicel Rising Stars, Christopher Martin and Romain Virgo have been announced as the headliners for this year’s staging of the Moonsplash Festival on the Caribbean island...

Fitch upgrades TCL
Trinidad Guardian

Fitch Ratings has upgraded Trinidad Cement Limited’s (TCL) local and foreign currency Issuer Default Ratings (IDRs) to B+ from B-. The ratings upgrade reflects Cemex’s increased ownership of TCL to at least 70...

Fitch: Cemex buyout good for TCL
Trinidad Guardian

International ratings agency Fitch says a meaningful increase in Cemex’s current indirect 39.5 per cent ownership of Trinidad Cement Ltd (TCL) would be a positive ratings trigger. The Mexican company recently...

LIAT discontinues service to Anguilla and Nevis
Montserrat Reporter

By STAFF WRITER   ST. JOHN’S , Antigua, Nov. 20, CMC – Regional carrier LIAT, has opted not to continue service to the islands of Anguilla and Nevis, following the expiration of a short tern arrangement with...

LIAT sever ties with Caribbean Helicopters
Antigua Observer

Regional carrier Liat said it will be severing its short-term relationship with Caribbean Helicopters which had been facilitating airlift to and from Anguilla.

Lifeguard killed in Negril collision
Jamaica Observer

WESTMORELAND, Jamaica — Thirty-four-year-old Weldon White, lifeguard of Nampriel Heights, Negril, Westmoreland, died as a result of injuries sustained during a motorcycle collision along the Norman Manley Boulevard...

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