Many young people have the misconception that as they grow older and advance in their careers they will have more disposable income, giving them the freedom to do what they like and buy what they want. But as life moves ...
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Feed SubscriptionBillions Pumped Into Caribbean Airlines Since 2011, Says T&T Finance Minister
PORT OF SPAIN, Trinidad and Tobago, June 24, 2017 (CMC) – The state-owned Caribbean Airlines (CAL) has received an estimated three billion dollars in subsidies since 2011, Finance Minister Colm Imbert has said. Responding to a question, posed by Opposition ...
Read More »Court Declares InselAir Aruba Bankrupt
ORANJESTAD, Aruba, June 8, 2017 (CMC) – A court, here, has declared the Dutch Caribbean carrier, InselAir Aruba, bankrupt. The Curacao Chronicle reports that the court granted the airline a deferment of payment for a few months, and presently flights ...
Read More »Chinese Business Delegation Interested In Guyana Natural Resources Sector
GEORGETOWN, Guyana, June 8, 2017 (CMC) – A Chinese business delegation has expressed interest in investing in Guyana’s natural resources, after holding talks with the Minister within the Ministry of Natural Resources, Simona Broomes, and a team from the Guyana ...
Read More »Jamaica’s Largest Alumina Refinery To Resume Production Eight Years After Closure
KINGSTON, Jamaica, May 29, 2017 (CMC) – Jamaica’s largest alumina refinery, Alumina Partners of Jamaica (Alpart), is set to resume production, eight years after its closure and sale to the Chinese company, JISCO. Alpart’s Assistant Managing Director, Patrick James, said ...
Read More »How To Be Money-smart In Retirement
(NC) Many of us look forward to retirement as an opportunity to pursue new goals or reactivate life-long interests. With the right financial planning, you can be on track to achieve the financial security you need to realize your vision ...
Read More »GraceKennedy Divests Stake In Barbados Insurance Company
KINGSTON, Jamaica, May 9, 2017 (CMC) – GraceKennedy Limited, one of the Caribbean’s largest conglomerates, has announced that it has now divested its 30 percent stake in the Trident Insurance Company Limited of Barbados. In a release, yesterday, GraceKennedy said ...
Read More »Canadian Cannabis Company Starts Exporting To Cayman Islands
GEORGE TOWN, Cayman Islands, May 9, 2017 (CMC) – The Canada-based medical cannabis company, CanniMed Therapeutics, exported its first international shipment of cannabis oil to the Cayman Islands, as a way of testing the territory’s potential as an export market. ...
Read More »Jamaica Government Leases Land To Red Stripe For Cassava Cultivation
KINGSTON, Jamaica, May 8, 2017 (CMC). – The Jamaican government has signed a 25-year agreement with brewery giant, Red Stripe, for the lease of 247 hectares of land for the mass production of cassava to be used in the company’s ...
Read More »Starbucks Coffee Company Setting Up Operations In Jamaica
KINGSTON, Jamaica, May 8, 2017 (CMC) – Jamaica Tourism Minister, Edmund Bartlett, says the establishment of operations in Jamaica by American Coffee Company, Starbucks, will serve to strengthen the country’s appeal to international visitors. Bartlett, in an interview with the ...
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