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Exxon Mobil Makes Another Oil Discovery In Guyana

Exxon Mobil Makes Another Oil Discovery In Guyana

GEORGETOWN, Guyana, June 21, 2018 (CMC) – US-based oil giant, ExxonMobil, has struck oil, again, this time at the Longtail-1 exploration well, making this the eight successful discovery, since the company began drilling in Guyana. In a press release ExxonMobil’s ...

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Trinidad Bankers Want Tougher Penalties For ATM Fraud

Trinidad Bankers Want Tougher Penalties For ATM Fraud

PORT OF SPAIN, Trinidad and Tobago, June 4, 2018 (CMC) – The Bankers Association of Trinidad & Tobago (BATT) has expressed disappointment at the “comparatively lenient penalties” imposed on several people, here, who sought to defraud several banks, using the ...

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Caribbean Development Bank Records Strong Growth In 2017

Caribbean Development Bank Records Strong Growth In 2017

BRIDGETOWN, Barbados, May 31, 2018 (CMC) – The Barbados-based Caribbean Development Bank (CDB) recorded strong growth, and exceeded targets in approvals and disbursements, in 2017 . According to CDB President, Dr. Warren Smith, these were highlights in the bank’s 2017 ...

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Uber “Pausing” Operations In Trinidad And Tobago

Uber “Pausing” Operations In Trinidad And Tobago

PORT OF SPAIN, Trinidad and Tobago, May 30, 2018 (CMC) – The Trinidad and Tobago government said Uber — the popular taxi app that announced it would be “pausing” its operations, here, from today — was operating illegally, even as it ...

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Bermuda-based Insurance Company Buys Into Trinidad Company

Bermuda-based Insurance Company Buys Into Trinidad Company

HAMILTON, Bermuda, May 17, 2018 (CMC) – Bermuda-based insurer, Colonial Group International Ltd., is set to widen its market presence in the Caribbean, after it acquired a minority interest in the Trinidad-based Beacon Insurance Company Ltd. The partnership agreement, which ...

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