ST. GEORGE’S, Grenada, April 14, 2020 (CMC) – Prime Minister, Dr. Keith Mitchell, has secured a commitment from the Grenada Bankers Association (GBA) to re-open banks to provide limited services to the public, during the current state of emergency. It’s ...
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Feed SubscriptionWomen Chief Executive Officers Negotiate Better Severance Than Men: For All The Wrong Reasons
By Pierre Chaigneau Guest Contributor Over the last 20 years, the number of female Chief Executive Officers (CEO) leading S&P 500 firms has increased, fivefold. But it’s a deceiving figure: among large publicly-traded firms, women still only make up six percent ...
Read More »Guyana To Escape Regional Recession, Says World Bank Report
GEORGETOWN, Guyana, April 14, 2020 (CMC) – Guyana is expected to see an overall economic growth, of 51.7 percent for this year, with further projections, over the next two years. The World Bank, in its recent semi-annual report of the ...
Read More »New York’s Caribbean Community Deeply Saddened By Death Of Caribbean American Chamber Of Commerce’s Founder and CEO, To COVID-19
NEW YORK, New York April 10, 2020 (CMC) – The Caribbean community in New York has expressed deep sorrow, over the passing of long-standing President, Chief Executive Officer and Founder of the Brooklyn-based Caribbean American Chamber of Commerce and Industry ...
Read More »St. Vincent’s Finance Minister Warns Of “Rough Waters Ahead”
KINGSTOWN, St. Vincent and the Grenadines, April 10, 2020 (CMC) – Minister of Finance, Camillo Gonsalves, did not sugar-coat the reality of what lies ahead, as he warned that the COVID-19 pandemic will result in major economic fallout for the ...
Read More »Remote Work Amid The Coronavirus Pandemic: Three Solutions
By Jean-Nicolas Reyt Guest Contributor As part of the fight against COVID-19, Canada is urging “employees at all work sites … to work remotely whenever and wherever possible.” Although we might find comfort in thinking switching between office and remote work ...
Read More »The Coronavirus Is Changing How We Work — Possibly Permanently
By Lisa Cohen Guest Contributor Nearly a million people in Canada have already applied for employment insurance, and analysts are predicting that coronavirus-related jobless claims in the United States could exceed three million. Job loss is only one of the many ...
Read More »Businesses In Dominica To Benefit From Competitiveness And Sustainability Project
ROSEAU, Dominica, March 30, 2020 (CMC) – At least 40 agro-processing micro, small and medium-sized enterprises (MSMEs) are to benefit from a technical assistance and capacity-building (TACB) program, to enhance their competitiveness and sustainability. The OECS Competitive Business Unit (OECS-CBU), ...
Read More »World Bank Approves Additional Financing For Telecommunications Development In Eastern Caribbean
WASHINGTON, District of Columbia March 27, 2020 (CMC) – The World Bank’s Board of Executive Directors, yesterday, approved additional financing, of US$11.9 million, for the Caribbean Regional Communications Infrastructure Program (CARCIP), underway in Grenada, St. Lucia, and St. Vincent and ...
Read More »Bank Of Jamaica Announces Measures To Maintain Order In Financial System
KINGSTON, Jamaica March 27, 2020 — The Bank of Jamaica (BOJ) has announced measures, aimed at maintaining order in the financial system, in light of the coronavirus (COVID-19) outbreak. Governor, Richard Byles, who noted that Jamaica’s financial system remains sound, ...
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