Republic year-end profits up 5.8 per cent
Trinidad Guardian

Republic Financial Holdings Limited (RFHL) has recorded an after tax profit of $1.25 billion for the year ended September 30, 2017. This represents an increase of $69 million or 5.8 per cent over the core profit of $1.18...

Republic year-end profits up 5.8 per cent
Trinidad Guardian

Republic Financial Holdings Limited (RFHL) has recorded an after tax profit of $1.25 billion for the year ended September 30, 2017. This represents an increase of $69 million or 5.8 per cent over the core profit of $1.18...

David Jessop | Russian interest in the Caribbean continues to grow
Jamaica Gleaner

On October 10, a report appeared in the Russian media indicating that Russia and Suriname are close to signing a military co-operation agreement.It was based on remarks made to Russia's lower house of Parliament, the...

Guyana to explore joint oil facility with Suriname
Jamaica Gleaner

The Guyana government says it is exploring the possibility of sharing an oil-processing facility with Suriname even as new oil companies like Chevron bid to explore for opportunities amid unexpectedly large oil finds in...

IMF projecting economic growth for some Caribbean countries
Trinidad Guardian

WASHINGTON – The International Monetary Fund (IMF) said yesterday that the economic prospects for the Caribbean are generally improving and that growth in the tourism dependent economies in 2017-18 is projected to be...

UWI Economist: Devaluation not best for T&T
Trinidad Guardian

T&T is not ready for a devaluation of its currency according University of the West Indies Economist Dr. Daren Conrad. “We saw it in England from 2008 to 2013 there was a 30 percent devaluation and there was no...

Bahamas informal sector 20%-30% of total economic activity, notes IDB
Nassau Guardian

A recent study by the Inter-American Development Bank (IDB) estimated the size of The Bahamas’ informal sector at 20 to 30 percent of total economic activity. The research paper titled, “Estimating the size of...

Growth ahead for T&T, ECLAC director
Trinidad Guardian

 T&T’s economy is expected to grow by 0.3 per cent in 2017, according to Deputy Director, Caribbean Region, Economic Commission for Latin America and the Caribbean (ECLAC) Dr. Dillon Alleyne. “There has...

Tobacco producers suffer losses from illicit trade
Trinidad Guardian

The pervasive problem of illegal tobacco trade was the central topic of discussion at the Anti-Illicit Trade Regional Conference hosted by British American Tobacco (BAT) Caribbean at the Marriott Hotel, Georgetown,...

Small firms may get funding boost
Trinidad Guardian

Minister of Trade and Industry Paula Gopee-Scoon says the local private sector must continue to innovate in order to foster economic diversification in T&T. “It is the role and responsibility of the private...

Prime minister to attend 38th CARICOM meeting in Grenada
Nassau Guardian

Prime Minister Dr. Hubert Alexander Minnis is scheduled to attend the 38th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), in St. George’s, Grenada. The 38th regular...

Study: Bahamas the most ‘extreme’ case of low-lying coastal countries in Caribbean
Nassau Guardian

A study by the Inter-American Development Bank (IDB) revealed yesterday that more than 80 percent of the population in The Bahamas live in low-elevation coastal zones (LECZs), marking one of the “most extreme”...

High crime rate a shadow over Caribbean tourism — study
Jamaica Observer

MIAMI, United States (AFP) — The Caribbean and its pristine beaches may be a tourist magnet, but life in paradise comes at a price: the soaring violent crime rate is higher than in Latin America or Africa.The study...

SM Jaleel wins CCJ tax case against Guyana
Trinidad Guardian

Local beverage manufacturer SM Jaleel Company Limited has won its lawsuit against the Government of Guyana over that country’s imposition of an environmental tax applied to products packaged using non-recyclable...

‘Exchange rate flexibility has served region well’
Trinidad Guardian

In a blog post in advance of meetings in Washington DC this week, the director of the International Monetary Fund’s (IMF) Western Hemisphere department, Alejandro Werner, said: “Amid increasingly volatile...

Help coming
Jamaica Observer

THE Government yesterday said it was examining ways to assist “needy students” at the tertiary level after scores of University of the West Indies, Mona students were on Tuesday deregistered for failing to pay...

Several detained in Suriname anti-government protest
Jamaica Observer

PARAMARIBO, Suriname (CMC) – Riot police in Suriname detained several individuals, including a union leader, during anti-government protests in the capital Paramaribo on Tuesday. Local News Thu, 20 Apr 2017 00:00:00...

PNP wants ‘partisan’ road work programme investigated
Jamaica Observer

CONTRACTOR General Dirk Harrison says his office is currently reviewing documents submitted by the Opposition People’s National Party (PNP) in which concerns have been raised about the allocation of funds for a road...

Glowell Prep stages first pageant as part of 20th anniversary
Jamaica Observer

THE Portmore-based Glowell Preparatory School recently pulled off a major coup with the successful staging of its first ever Mini Miss Glowell, Miss Glowell and Mr Glowell competitions, as part of the school’s 20th...

Well-respected restaurant owner remembered for generosity
Jamaica Observer

April 17 was a day Cecil Prawl looked forward to as the time to commemorate the life of his beloved mother by visiting the Port Royal cemetery, where she was laid to rest 17 years ago. However, his plans were dashed on...

Wheatley promises Cybercrimes Act review this year
Jamaica Observer

MINISTER of Science, Energy and Technology Dr Andrew Wheatley says that the process of reviewing the Cybercrimes Act will commence this year. Local News Thu, 20 Apr 2017 00:00:00 GMT Well-respected restaurant owner...

Opposition MP wants dormant bank funds to support MSMEs
Jamaica Observer

OPPOSITION Spokesman on Industry, Investment and Commerce Anthony Hylton has appealed to the Government to make the funds obtained from dormant accounts available for financing medium, small and micro enterprises (MSMEs)....

Educators urged to protect industry from ‘outsiders’
Jamaica Observer

ROSE HALL, St James — Secretary General of Education International Fred van Leeuwen has encouraged teachers to become more autonomous while also urging then to guard against external forces dictating their...

Three accused extortionists remanded, one granted bail
Jamaica Observer

MANDEVILLE, Manchester — Only one of the four accused extortionists who appeared in the Manchester Parish Court yesterday morning was granted bail. Local News Thu, 20 Apr 2017 00:00:00 GMT Educators urged to protect...

97-year-old son of world’s oldest person dies
Jamaica Observer

DUANVALE, Trelawny — Ninety-seven-year-old Harland Fairweather, also called Fairy, the eldest child of the world’s oldest citizen, supercentenarian Violet Mosse Brown, passed away at his home yesterday morning....

Tourism minister says Jamaica making inroads in Asia
Jamaica Observer

Minister of Tourism Edmund Bartlett says Asia has now emerged as a big tourism market and Jamaica has been making good inroads in that region. Local News Thu, 20 Apr 2017 00:00:00 GMT 97-year-old son of world’s...

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