LONDON, England – St. Lucia’s appointment of a Saudi billionaire as its Permanent Representative to the International Maritime Organization (IMO) and the government’s refusal to lift his diplomatic immunity to face a divorce suit is being criticized by a senior British parliamentarian. The Dr. Kenny Anthony administration last month sought to defend the appointment of […]
Caribbean Airlines was presented with a special award for outstanding service by the Caribbean Tourism Organization (CTO) during Caribbean Week Canada here. Tyrone Tang, CEO and CFO Caribbean Airlines, received the One Sea, One Voice Award on Tuesday which recognizes the airline’s ongoing contribution to providing decades of service and development in the region. “We […]
HOUSTON, Texas – A U.S. federal appellate court here has upheld the 110-year jail term imposed on disgraced financier and former Caribbean playboy Allen Stanford. The American fraudster was convicted in 2012 for masterminding a Ponzi scheme involving his Stanford International Bank (SIB) in Antigua. Sir Allen Stanford, as he was known then, who created […]
WILLEMSTAD, Curacao – The participation of Curacao, for the first time, in the Havana International Fair (FIHAV) 2015 will be a bright opportunity to strengthen links with Cuba, said Curacao Minister of Economy Stanley Palm. Shortly before leaving for Havana with a business delegation to show goods and services from Curacao at FIHAV, Palm referred […]
Kingston, Jamaica – Jamaica’s long-anticipated logistics hub dream seems to be one step closer to becoming a reality. Designated Free Zone administrator and operator Masada Jamaica Limited has entered a concessionary agreement with lubricant blender Gulfray America’s Manufacturing Limited for development and management of the Spanish Town Free Zone to the tune of US$350 million. […]
Kingston, Jamaica – Jamaica’s long-anticipated logistics hub dream seems to be one step closer to becoming a reality. Designated Free Zone administrator and operator Masada Jamaica Limited has entered a concessionary agreement with lubricant blender Gulfray America’s Manufacturing Limited for development and management of the Spanish Town Free Zone to the tune of US$350 million. […]
BELMOPAN, Belize – In a historic ruling, the Caribbean Court of Justice (CCJ) ordered the Belize government to pay members of the Maya community compensation for breaching their constitutional rights. A fund of BZ$300,000 (US$150,375) is to be set up as a result of the order. The CCJ ruling was in favour of 25 members […]
KINGSTON, Jamaica – The World Bank has named Jamaica one of the most improved economies in which to do business globally in the newly released Doing Business Report 2016 (DBR 2016). The report, which looks at countries’ performance in 11 areas of business regulation, has also ranked Jamaica 64 out of 189 countries in the […]
Ruben Becerra of Karisma Hotels and Resorts announces project to add 4,000 rooms and 8,000 jobs. KINGSTON, Jamaica – Karisma Hotels and Resorts announced it is investing more than US$900 million in a mega hotel project in St. Ann that will, over a decade, add 4,000 rooms to Jamaica’s tourism sector and provide at least […]
Hunter pumped to tackle – New Ontario pension plan By Gerald V. Paul Queen’s Park – “Government must be a force for good in people’s lives” newly minted Associate Minister of Finance Mitzie Hunter said Tuesday as she firmly took responsibility for creating the Ontario Retirement Pension Fund Plan. The Scarborough-Guildwood MPP, an MBA from […]
