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BRIDGETOWN, Barbados (CMC) – The Trinidad-based regional conglomerate, ANSA McAL, has increased the offer to shareholders as its moves to take over the Barbados-based BHL group, which owns Banks Breweries, Pine Hill Dairy, Barbados Bottling Co. Ltd and Banks Distribution ...

By Nicole Best CMC Correspondent  WILLEMSTAD, Curacao (CMC) – The chief executive officer of the US-based Jet Blue airline, Robin Hayes, says high taxes are posing a major challenge to airlines servicing the Caribbean. “We know if the tax can ...

WASHINGTON, D.C. October 28, (CMC) – The World Bank says, Jamaica and Mexico have recorded the most reforms in Latin America and the Caribbean in the last five years, continuing to make big strides to improve their countries’ business climate ...

CASTRIES, St. Lucia, CMC – The St. Lucia government Tuesday announced it had opened a Honorary Consul office in Saudi Arabia as it seeks to expand the business and tourism profile of the island in the Middle East. An official ...

THE HAGUE, Netherlands, CMC – Dutch beer giant Heineken Wednesday took control of the Jamaican company, Desnoes & Geddes(D&G), after acquiring Diageo’s 57.9 per cent stake as part of a multi-million deal. The Dutch company said it had reached worth ...

BRIDGETOWN, Barbados, CMC – The Caribbean Association of Banks Inc. (CAB) says it is “once more forced to express its deep concern” over yet another “tax-haven” list which includes 15 Commonwealth Caribbean countries. The list is contained in the District ...

ST. GEORGE’S, Grenada CMC – The Grenada government has launched a debt exchange offer exchanging its United States (US) and Eastern Caribbean (EC) dollar bonds due in 2025. The Keith Mitchell administration said that the bonds are being exchanged for ...

BRIDGETOWN, Barbados CMC – Caribbean economies could register growth over the next two years despite the Economic Commission for Latin America and the Caribbean (ECLAC)  predicting a downward trend in the region’s economic activity. ECLAC said economic growth will decline ...

LIMA, Peru CMC – The World Bank says four years of an economic downturn are beginning to have adverse effects on jobs and household incomes in Latin America and the Caribbean. It said that after a commodity boom brought significant ...

By Jon McKay PRIDE Mortgage Columnist If you’re self-employed, you may have a more difficult time obtaining financing for your real estate purchases than you encountered just 18 months ago thanks to the recent recession. And as of April 9, ...