KINGSTON, Jamaica August 14, 2019 (CMC) – Last December, Jamaica’s central bank posted a reggae music video on its Twitter account. Since then, more than 240,000 people have watched the video, prompting the bank to release a second video, which ...
Read More »Category Archives: Business & Money
Feed SubscriptionFMC Appoints New Chief Executive Officer
TORONTO, Ontario August 13, 2019 – The Board of Directors of the Festival Management Committee (FMC), the owner and producer of the Toronto Caribbean Carnival (TCC), has hired Aneesa Oumarally as the organization’s new Chief Executive Officer (CEO). As Chair ...
Read More »Tullow Oil Makes First Discovery Offshore Guyana
DUBLIN, Ireland, August 13, 2019 (CMC) – The Ireland-based exploration company, Tullow Oil, announced, yesterday, that it had discovered “high quality”, oil-bearing sandstone reservoirs, after drilling the Jethro-1 exploration well in the Orinduik Block, offshore Guyana. “This substantial and high-value ...
Read More »Barbados Central Bank Governor Reports “Steady Progress” In The Country’s Economic Performance
BRIDGETOWN, Barbados, August 9, 2019 (CMC) – The Barbados economy registered “steady progress” during the first half of this year, with the island’s central bank predicting that the outlook “has become more favourable over the past 12 months”. Central Bank ...
Read More »Gracekennedy Reporting Significant Improved Economic Performance
KINGSTON, Jamaica, August 9, 2019 (CMC) – GraceKennedy Financial Group is reporting significant profit for the first six months of 2019. “Profit before other income for the six-month period was J$1.65 billion, 15.1 percent or J$217.1 million higher than that ...
Read More »How Your Employer Uses Perks Like Wellness Programs, Phones And Free Food To Control Your Life
By Elizabeth C. Tippett Guest Writer Companies offer all sorts of benefits and extras to attract the most favored workers, from health care and stock options to free food. But all those perks come at a price: your freedom. There’s ...
Read More »Fly Jamaica Airways Sold: New Investment Team Acquires Operations
KINGSTON, Jamaica, July 29, 2019 (CMC) – A team of investors, including Jamaican aviation veteran, Glenn Logan, led by Yann LeProvost of the France-based company, W&Y SAS, has taken over the operations of the problem-plagued Fly Jamaica Airways. The new ...
Read More »The Secret To A Successful Business Start-up
By Michael J. Armstrong and Tatyana Sokolyk Guest Writers Starting a new business can be satisfying but stressful. Among other tasks, entrepreneurs must raise enough funds for their ventures. But it turns out the type of funding matters, not just the ...
Read More »Canada-Based Company Plans To Invest Further In Trinidad And Tobago
PORT OF SPAIN, Trinidad and Tobago, July 18, 2019 (CMC) – The Trinidad and Tobago government announced, on Tuesday, that the world’s largest provider of crop inputs and services with operations and investments in 14 countries, is examining the possibility ...
Read More »Antigua PM Not Impressed With Offer Made By Trinidad And Tobago-Based Bank For Acquiring Scotiabank Branch
ST.JOHN’S, Antigua and Barbuda, July 18, 2019 (CMC) – The Antigua and Barbuda government says it is prepared to hold direct talks with Scotiabank, over the acquisition of its local branch, here — by a Trinidad and Tobago-based financial institution, ...
Read More »