One – cent Magenta Stamp The 1856 British Guiana One-Cent Magenta sets new record for most expensive stamp sold at auction The only surviving example of a legendary stamp that sold for one cent in 1856 has gone under the hammer for $9.5m (£5.6m), setting a new record for the most expensive stamp sold at […]
The training shoes used by the world’s fastest man, Usain Bolt at the 2013 World Championship Games in Moscow, will be auctioned in New York City, June 6. The shoes, which were handcrafted by Puma, will start at a bid set at US$18,000 at the Caribbean Tourism Organization (CTO) Education Foundation auction. With a bounce […]
NEGOTIATING THE FRANCHISE AGREEMENT. You’ve decided to buy a franchise. You’ve found a franchisor you’re eager to work with. What comes next? It’s now time to negotiate a franchise agreement which will govern your relationship going forward. This is a critically important step which will take time and effort to do properly. Remember, as a […]
Before you commit yourself, here are some items that you should consider 1. What is a franchise? A franchise involves a franchisee and a franchisor. The franchisor is the company that owns the franchise’s brand. The franchisee is the individual location owner. The franchisor is typically responsible for marketing the brand, developing the overall business […]
By James Bynoe. …Our future economic survival depends on it Cyber-crime has surpassed the international drug trade yet Caribbean businesses, organizations, and governments have done very little to combat this phenomenon. To put this in perspective, last year the FBI announced that revenues from global cyber-crime which includes the Caribbean, for the first time ever, […]
Expert Mortgage is proud to serve the Caribbean community. We would like to take this opportunity during Black History Month to remind you that today all people are free from PHYSICAL chains, but most of us, no matter the colour of our skin, are NOT free from FINANCIAL chains. For that reason Expert Mortgage launched […]
By JULIEN NEAVES Newsday IF you are worried about receiving “funny money” this Carnival a representative from the British company that prints Trinidad and Tobago’s currency says that local counterfeiters are not very sophisticated and there are easy steps to spotting a fake bills. Regional manager for De La Rue, world’s largest integrated commercial banknote […]
By Claudette de la Haye. Financial austerity is dead and the International Monetary Fund (IMF), World Bank and governments abroad MUST rethink the global economy if, retirees are going to survive. Sliding currencies depreciating at alarming rates of double digits annually will decrease buying power for many on fixed incomes. Caribbean retirees with fixed incomes […]
NATURAL CAPITAL CONSIDERATION AND THE PARADIGM SHIFT TO NCC FROM PAY & GCT Written by: Claudette de la Haye, Detroit, MI USA, Founder, Caribbean Financial Network News. The EnvironmentalistAugmentsvsBusiness, Investors and Shareholders. Commentary: The need to do business and have transparency the right way is ever more apparent. If you can’t trust business then, who […]
Royal Bank of Canada Wednesday said it had entered into a definitive agreement to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited to Sagicor Group Jamaica Limited. It said the transaction is subject to customary closing conditions, including regulatory approvals and is expected to be finalized in the coming months. “Consistent with […]