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Let's Talk Business: Are you stuck in middle management?

May 25, 2016
Let's Talk Business: Are you stuck in middle management? There are middle managers in every field. From accounting and production to marketing and sales, managers ensure that business runs smoothly. Managers implement the strategies of their superiors. They are responsible for motivating people and getting results. But what happens...

Suriname seeks to expand Islamic banking and finance

May 23, 2016
Suriname seeks to expand Islamic banking and finance JAKARTA, Indonesia -- The Surinamese delegation headed by minister of finance, Gillmore Hoefdraad, who just attended the 41st annual meeting of the Islamic Development Bank (IsDB) in Jakarta, Indonesia, last week, had a fruitful and robust engagement at the meeting, including the development of...

Caribbean banks must adapt to survive de-risking, says industry consultant

May 23, 2016
Caribbean banks must adapt to survive de-risking, says industry consultant GEORGE TOWN, Cayman Islands (CNS) -- The banking sector in the Cayman Islands and elsewhere in the Caribbean will have to accept new ways of working, including sharing costs and services, in order to survive in the current climate of de-risking, according to US industry consultants.

Customer exit continues at Royal Bank of Canada after fee increase

May 23, 2016
Customer exit continues at Royal Bank of Canada after fee increase BASSETERRE, St Kitts (WINN) -- The exodus of customers from the Royal Bank of Canada (RBC) in St Kitts continues. On Friday, customers intent on closing their accounts over an impending $25 monthly charge on accounts, filled the bank’s downtown location, the line extending outside.

CCJ signs MOU on harmonising business law in Caribbean

May 23, 2016
CCJ signs MOU on harmonising business law in Caribbean PORT OF SPAIN, Trinidad -- The Caribbean Court of Justice (CCJ) has signed a cooperation agreement with the ACP Legal Association, which is based in Guadeloupe and executes the Organisation for Harmonisation of Business Law in the Caribbean (OHADAC) Project.

Puerto Rico bondholders challenge constitutionality of debt payment moratorium

May 23, 2016
Puerto Rico bondholders challenge constitutionality of debt payment moratorium NEW YORK, USA -- Holders of bonds issued by the Government Development Bank for Puerto Rico (GDB) on Friday filed an amended complaint in the US District Court in Puerto Rico challenging the constitutionality of certain aspects of the legislation passed in April and amended in May.

Jamaica takes lead in regional telecoms talks

May 23, 2016
Jamaica takes lead in regional telecoms talks KINGSTON, Jamaica -- A multibillion-dollar telecommunications deal, touted as a significant growth opportunity for the Caribbean information and communication technology sector, has come under the scrutiny of the Jamaican government. Liberty Global announced the completion of its...

MOU signed between Caribbean Export and Latin Chamber of Commerce

May 20, 2016
MOU signed between Caribbean Export and Latin Chamber of Commerce MIAMI, USA -- The Caribbean Export Development Agency has signed a memorandum of understanding (MOU) with the Latin Chamber of Commerce in the US. The agreements form the basis for the strengthening of investment and trade promotion and facilitation and develop reciprocal...

Aruba reaches deal to lease and restart idled refinery

May 17, 2016
Aruba reaches deal to lease and restart idled refinery ORANJESTAD, Aruba -- The Citgo Petroleum refining unit of Venezuela’s state oil company Petroleos de Venezuela SA (PDVSA) has reached a deal to lease and restart an idled 235,000-barrel-per-day refinery in Aruba, the government of the Caribbean island said on Friday.

Marketing Strategies Today: Five ways to use Periscope for your business

May 16, 2016
Marketing Strategies Today: Five ways to use Periscope for your business Unless you have been under a rock, you have heard about Periscope. Periscope is the app that will allow you to stream and to also enjoy live broadcasting with anyone anywhere. There are many things that you can use Periscope for and that means that you will be able to reach out to others.

Region's offshore financial sector under threat, says ECCB governor

May 14, 2016
Region's offshore financial sector under threat, says ECCB governor BASSETERRE, St Kitts (WINN) -- “We’re concerned about the future of international financial centres, the offshore centres in the region… at the moment they are under a serious threat,” governor of the Eastern Caribbean Central Bank Timothy Antoine said, referring to the possible undermining...

Barbados awards offshore exploration block to Repsol

May 11, 2016
Barbados awards offshore exploration block to Repsol BRIDGETOWN, Barbados (BGIS) -- Prime Minister Freundel Stuart says the award of the Black Belly offshore exploration block to Repsol SA represents “another bold step” in Barbados’ journey towards realising its offshore petroleum potential. Speaking at a ceremony on Monday...

Let's Talk Business: Yes or no to tattoos in the workplace?

May 11, 2016
Let's Talk Business: Yes or no to tattoos in the workplace? I picked up on a thread of conversations online the other day about whether or not HR has the power to ban tattoos and piercings in the workplace. You can imagine that almost all of the human resources professionals who commented said yes. Others commented that it truly depends...

BVI premier touts strength of financial services industry

May 10, 2016
BVI premier touts strength of financial services industry ROAD TOWN, BVI -- Premier and minister of finance, Dr Orlando Smith, is confident in the strength of the British Virgin Islands’ financial services industry and has reiterated his government’s commitment to it. In a statement delivered on Monday, Smith stated, “Our financial services industry...

Panama banks now refuse to accept foreign checks

May 9, 2016
Panama banks now refuse to accept foreign checks MIAMI, USA -- In an obvious response to the pressures that have arisen as the result of the publication of the Panama Papers documents, many financial institutions in Panama are now refusing to accept checks drawn on foreign banks for deposit into their accounts. This has been confirmed by...

Marketing Strategies Today: How to advertise on Periscope

May 9, 2016
Marketing Strategies Today: How to advertise on Periscope Periscope has quickly become the new trend in being able to reach out to your customers since it was acquired by Twitter. Periscope has only been around since about March of 2015, but it is quickly becoming the go to tool in order to reach out to all of your new customers and existing clients.

Cuba offers opportunities for foreign investment in tourism

May 7, 2016
Cuba offers opportunities for foreign investment in tourism HAVANA, Cuba (ACN) -- Cuba announced the launch of 127 projects among its opportunities for foreign investment in its tourist sector during the current FitCuba International Tourism Fair. The business director of the Cuban tourism ministry, Jose Daniel Alonso, announced at the event that...

Blacklist of tax havens coming within six months, says EU

May 5, 2016
Blacklist of tax havens coming within six months, says EU GEORGE TOWN, Cayman Islands (CNS) -- A European-wide blacklist of non-cooperative tax jurisdictions is definitely coming and will be announced within six months, according to EU officials. Member of European Parliament (MEP) Jeppe Kofod, who is part of the TAXE2 Committee...

US-based Caribbean bank under consideration

May 4, 2016
US-based Caribbean bank under consideration BASSETERRE, St Kitts -- The region is being urged to look into the feasibility of establishing a Caribbean bank in the United States to address the loss of correspondent banking services being experienced by banks in the Caribbean. Deputy governor of the (ECCB) Trevor Brathwaite said...

New incorporations decline in Panama

May 4, 2016
New incorporations decline in Panama MIAMI, USA -- Statistics released in Panama show that there has been a decline in the number of new incorporations, ever since the Panama Papers offshore scandal broke in global media. Though Panama's civic boosters have tried to put a spin on this news, by claiming that it is actually...

Building Caribbean resources to ensure safe seafood and protect and grow fisheries exports

May 3, 2016
Building Caribbean resources to ensure safe seafood and protect and grow fisheries exports BELIZE CITY, Belize (CRFM) -- Caribbean countries have a living bank of marine resources from which they collectively cash out hundreds of millions of dollars a year to support emerging national economies by providing good jobs, food and foreign exchange, among other benefits.

Barbados trade team heading to Cuba

May 2, 2016
Barbados trade team heading to Cuba BRIDGETOWN, Barbados (BGIS) -- Now that diplomatic ties have been formally re-established between Cuba and the United States, Barbados is looking to add its name to the list of Caribbean Community (CARICOM) countries attempting to enter the Cuban market. From May 2 to 6...

Marketing Strategies Today: Seventeen ultimate tools for social media marketers

May 2, 2016
Marketing Strategies Today: Seventeen ultimate tools for social media marketers We all create copy for social media, and we all need it to be amazing. Do you wish that you had some tools that would help you improve your quality and know that you were going to nail the interactions and the tone every time? If you have a team or you work alone, there are a few tools that...

Caribbean countries urged to focus on tourism value

April 28, 2016
Caribbean countries urged to focus on tourism value NASSAU, Bahamas -- The International Monetary Fund (IMF) has published its Regional Economic Outlook: Western Hemisphere and recommends that tourism economies like The Bahamas use what the fund deems a “tourism upswing” to push through structural measures that would...

Bahamian Master Motivator conducts sales seminar for local food services business

April 26, 2016
Bahamian Master Motivator conducts sales seminar for local food services business NASSAU, Bahamas -- Bahamian born, international motivational speaker, sales trainer, corporate trainer, talk show host and author of the recently published Phoenix Rising inspirational book, Spence Finlayson, conducted a high energy motivational sales seminar for the management...

Agreement concluded to advance small-scale fisheries in the Caribbean

April 25, 2016
Agreement concluded to advance small-scale fisheries in the Caribbean BELIZE CITY, Belize (CRFM) -- The Caribbean Regional Fisheries Mechanism (CRFM) last week concluded an agreement with a UN agency to strengthen governance arrangements for the flyingfish fishery in the Caribbean, with special emphasis on maximizing the long-term potential.

Marketing Strategies Today: Five tips for Facebook Live video

April 25, 2016
Marketing Strategies Today: Five tips for Facebook Live video Facebook, the number one social media platform today and one of the most important companies in the digital world, is on an upward trend in the video industry. Just like in the previous years, the masterminds from Facebook led by Mark Zuckerberg decided to grow a specific area of the...

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