Most of NIDS loan to be used for tech upgrades
Jamaica Gleaner

Most of the US$68 million the Inter-American Development Bank has approved for Jamaica's controversial National Identification System (NIDS) will go towards upgrading the information and communication technology...

JUCDA reverses course on vehicle pre-inspections - Policy driving up business in auto market, pressures Japan dealers
Jamaica Gleaner

The used-car sector is walking back its howls of protest over the pre-shipment inspection policy for motor vehicles that they initially pronounced would have been the death knell of vulnerable dealers.But that was last...

Intern Programme: Zeeko Johnstone & Jamar Dill
Bernews

Aecon and the Ministry of Public Works announced the start of the second Airport Redevelopment Project Internship Programme, which will kick-off in January and finish in July. Two Bermudians currently working for the...

New digital asset business seeks 16 staff
Royal Gazette

Sixteen jobs are being created in Bermuda by a digital asset business that is linked to diamonds. BitCarbon is coming to Bermuda and expects to launch during the first three months of the new year. It is advertising 16...

GK patty maker to expand distribution routes
Jamaica Gleaner

Food and financial services conglomerate GraceKennedy Limited has big plans for the expansion of a new joint-venture food business in the United States.Patty manufacturer Majesty Foods is based in Florida...

Venezuelan Government takes over Goodyear plant
Jamaica Observer

CARACAS, Venezuela (AFP) — The Venezuelan g overnment took control Tuesday of installations owned by Goodyear, a day after the US tyre-maker closed its operations in the crisis-torn South American country.In a...

Jamaica slips five spaces in Doing Business Report
Jamaica Observer

Jamaica has slipped five places in the Doing Business Report 2019, ranking as the 75th best place to do business worldwide. On the upside, the island moved up eight places to take the 12th spot in the World Bank Group...

Rastafari Rootz Fest to provide info on cannabis sector
Jamaica Observer

MONTEGO BAY, St James — Ganja expert Ras Iyah V, a member of the Cannabis Licensing Authority (CLA) says Jamaica should not miss the opportunity to forge a deal to supply medical marijuana to Canada which will be...

Xoom announces new global brand ambassador Usain Bolt
Jamaica Observer

Xoom , PayPal's international money transfer service, on Tuesday announced eight-time Olympic gold medallist Usain Bolt as its global brand ambassador through 2020. The partnership kicks off as Xoom expands its send money...

Eurozone stimulus programme to end as growth worries resurface
Jamaica Gleaner

Eurozone stimulus to end as growthworries resurfaceThe European Central Bank (ECB) is ending the stimulus programme that helped nurse the Eurozone economy back to health over the past four years - despite the emergence of...

Jan Keil | Industrialisation or poverty
Jamaica Gleaner

Incomes in the United States are 12 times higher than in Jamaica.Still, many basic commodities are, on average, much more expensive here. Milk, for example, costs three times as much as in the US. This economic weakness...

GK patty maker to expand distribution routes post acquisition
Jamaica Gleaner

GK patty maker to expand distribution routesFood and financial services conglomerate GraceKennedy Limited has big plans for the expansion of a new joint-venture food business in the United States.Patty manufacturer...

Regional stakeholders urged to prepare for strong winter tourist season
Jamaica Observer

MIAMI, United States (CMC) – Director General and CEO of the Caribbean Hotel and Tourism Association (CHTA), Frank Comito has urged Caribbean's private sector to generate strong profits in the New Year with the...

Butterfield shares down 5.6
Royal Gazette

Shares of Butterfield Bank fell by 2, or 5. 6 per cent, to 33. 50 after 1,100 traded on The Royal GazetteBSX Index. On the New York Stock Exchange the banks shares were down 39 cents, or 1. 14 per cent, at 33. 90. The...

Enstar in 470m joint venture
Royal Gazette

Enstar Group Ltd is partnering with German insurance giant Allianz and investment manager Hillhouse to launch a new Bermuda reinsurer. Enstar, a Bermudian-based company which specialises in acquiring and managing...

ACTs OneCloud reaches Bermuda milestone
Royal Gazette

ACT OneCloud has taken on its fortieth customer in Bermuda, only three years after setting up. The company states it is the islands largest provider of on-island cloud services. It also has a presence in Cayman Islands,...

Blue Capital Expect $17M In Catastrophe Loss
Bernews

Bermuda-based Blue Capital Reinsurance Holdings Ltd. announced that its fourth quarter results would be impacted by catastrophe losses currently estimated at $17 million dollars, which include losses related to...

LIAT signs agreement allowing more Europe linkages to Guyana
Kaieteur News

  Travellers from Europe can now enjoy an easier and more comfortable connection to Guyana. This is thanks to a cooperative agreement recently signed between the German airline Condor (Thomas Cook Group) and LIAT...

China auto sales fall in November for fifth month
Jamaica Gleaner

A painful contraction in China's auto market deepened in November as sales fell for a fifth month amid an economic slowdown and consumer anxiety over a tariff fight with Washington.Sales of SUVs, sedans and minivans in...

Dickinson we will not be on EU list
Royal Gazette

Curtis Dickinson, the Minister of Finance, joined business leaders in a panel discussion looking ahead to next year. The 2018 year-end Briefing The Outlook for Bermuda in 2019, was hosted by the Institute of Directors...

Over 200 Attend ICRMC Cyber Risk Conference
Bernews

The first Bermudian edition of the highly successful International Cyber Risk Management Conference [ICRMC] was held over two days last week at the Hamilton Princess Hotel & Beach Club in Bermuda. A total of 206...

Cyber-risk conference to return to Bermuda
Royal Gazette

Following the success of the inaugural International Cyber Risk Management Conference, Bermuda, organisers are making plans for the event to return next year. The conference attracted 206 delegates, which included...

A new era for partnership - China committed to openness and win-win cooperation
Jamaica Gleaner

The following is a contribution from Tian Qi, China's ambassador to Jamaica.The world economy is facing another historical prospect as Chinese President Xi Jinping just wrapped up his state visits to Argentina and Panama...

Mozambique finds 30,000 ghost officials costing US$250 m
Jamaica Observer

MAPUTO, Mozambique (AFP) --Mozambique's government said on Monday that it had identified 30,000 “ghost employees” in its civil service who cost US$250 million between 2015 and 2017.Some of those on the...

UK court rules to extradite Indian tycoon Vijay Mallya
Jamaica Observer

LONDON, United Kingdom (AFP) — A British court on Monday ruled Indian tycoon Vijay Mallya, the owner of Kingfisher beer and head of the Force India Formula One team, can be extradited to his homeland to face fraud...

Grave dilemma: South African cities short of cemetery space
Jamaica Observer

JOHANNESBURG, South Africa (AFP) -- In the middle of the vast Avalon cemetery in Johannesburg's Soweto township, two gravediggers shovelled soil out of an old grave containing remains buried years ago.They were preparing...

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