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Potential buyer found for USVI oil refinery

September 17, 2014
Potential buyer found for USVI oil refinery ST THOMAS, USVI -- US Virgin Islands Governor John de Jongh met on Sunday with 11 members of the 30th Legislature to provide an update on the HOVENSA oil refinery sales process. “Today’s meeting provided the opportunity for me to update our senators on what progress has been made...

Let's Talk Business: Five ways to recruit, engage and tap into Generation Y

September 17, 2014
Let's Talk Business: Five ways to recruit, engage and tap into Generation Y Each and every year, hundreds of thousands of students graduate from colleges and universities from around the globe. These bright young minds, full of ideas and hope enter the job market ready to apply what they’ve learned in the classroom on the job. But are companies ready for this generation?

Caribbean Export supports joint investment promotions strategy for Haiti and Dominican Republic

September 16, 2014
Caribbean Export supports joint investment promotions strategy for Haiti and Dominican Republic SANTO DOMINGO, Dominican Republic -- The Caribbean Export Development Agency (Caribbean Export) is to support the development of a joint investment promotions strategy (JIPS) for Haiti and the Dominican Republic that will focus on the mutual development of opportunities.

Colombia responds to international market demand for construction materials

September 16, 2014
Colombia responds to international market demand for construction materials MEDELLIN, Colombia -- The construction materials industry in Colombia has responded to the needs of international markets as it offers quality, value-added logistics and trade advantages. The Expocamacol Fair 2014 was proof of this, as Colombian exporters responded to the specific demands...

Caribbean Export supports Start Up Jamaica

September 15, 2014
Caribbean Export supports Start Up Jamaica BRIDGETOWN, Barbados -- The Caribbean Export Development Agency (Caribbean Export) has pledged financial support towards the launch of Start Up Jamaica, as part of the regional private sector development programme (RPSDP) funded by the European Union under the 10th European...

Grand Bahama firm provides team building training for McDonald's franchise

September 15, 2014
Grand Bahama firm provides team building training for McDonald's franchise FREEPORT, Bahamas -- Under the theme “Team Building to Lead”, president and CEO of Grand Bahama firm Benchmark Consulting Services, Billie Bowe, accompanied the senior leadership team of DanBrad Ltd, the McDonald’s franchise owners in New Providence, to their first annual...

International business and financial services high priority for Barbados

September 13, 2014
International business and financial services high priority for Barbados BRIDGETOWN, Barbados (BGIS) -- The government has placed “high priority” on ensuring the sustainability of the international business and financial services sector, and is seeking new ways to improve the value offered to those who view Barbados as the international financial centre of choice.

GraceKennedy acquires additional 50pct interest in St Lucia insurance company

September 13, 2014
GraceKennedy acquires additional 50pct interest in St Lucia insurance company KINGSTON, Jamaica -- The GraceKennedy Group has announced the acquisition of an additional 50% of the shares in Saint Lucian company, EC Global Insurance Company Limited, bringing its shareholding to 80%. The group first acquired its 30% shareholding in EC Global in 2004.

Puerto Rico debuts national fashion brand

September 13, 2014
Puerto Rico debuts national fashion brand SAN JUAN, Puerto Rico -- Ten successful Puerto Rican designers have joined forces under P.ERE, Puerto Rico’s first national fashion brand, which will promote the island’s growing fashion design market. Puerto Rico is already an established textile manufacturing destination.

Caribbean Export launches Regional Investor of the Year Award 2014

September 11, 2014
Caribbean Export launches Regional Investor of the Year Award 2014 BRIDGETOWN, Barbados -- The Caribbean Export Development Agency (Caribbean Export) and the Caribbean Association of Investment Promotion Agencies (CAIPA) have announced the second hosting of the Caribbean’s Regional Investor of the Year Awards 2014 (RIYA 2014).

Let's Talk Business: Bad Customer Service = Bad Business

September 10, 2014
Let's Talk Business: Bad Customer Service = Bad Business Even in a negative economy the customer experience is still top priority for most consumers. Is customer service a lost art form in corporate society today? It seems everywhere we turn we encounter people in the business of customer service, rarely meeting even our basic needs as consumers.

Technology: Using digital currencies to increase Caribbean participation in the internet economy

September 8, 2014
Technology: Using digital currencies to increase Caribbean participation in the internet economy This article looks at a defined problem facing small Caribbean content creators who are attempting to monetize opportunities on the global stage but are left with the headache of resorting to traditional payment infrastructure to actually receive payment. We examine some of the pitfalls of the...

Banned Chinese telecoms giant expresses interest in Antigua-Barbuda

September 6, 2014
Banned Chinese telecoms giant expresses interest in Antigua-Barbuda BEIJING, China -- One of the world’s largest telecommunications company, Huawei of China, which has been banned from doing business with US companies as a result of spyware discovered in some of its devices, has expressed an interest in doing business in Antigua and Barbuda.

New report highlights Puerto Rico's pro-business climate

September 5, 2014
New report highlights Puerto Rico's pro-business climate SAN JUAN, Puerto Rico -- The World Economic Fund’s (WEF) newly released Global Competitiveness Report for 2014-2015 ranks Puerto Rico first in Latin America and behind only the United States and Canada in the entire Western Hemisphere in terms of its pro-business climate.

Jamaica makes significant upward move in global competitiveness ranking

September 5, 2014
Jamaica makes significant upward move in global competitiveness ranking KINGSTON, Jamaica -- The minister of industry, investment and commerce, Anthony Hylton has welcomed the news of Jamaica’s upward movement of eight places in the Global Competitiveness Rankings. Hylton cited the work of the National Competitiveness Council, which he chairs...

New Jersey becomes first US state to participate in cross-border Caribbean investment platform

September 5, 2014
New Jersey becomes first US state to participate in cross-border Caribbean investment platform TRENTON, USA -- Governor Chris Christie announced on Wednesday that New Jersey has signed a partnership agreement with ConnectAmericas.com, a new social media platform that connects Latin American and Caribbean enterprises with business opportunities throughout North America.

Colombia's Cartagena on track to be next business and leisure hub in Latin America

September 4, 2014
Colombia's Cartagena on track to be next business and leisure hub in Latin America CARTAGENA, Colombia -- Cartagena de Indias, the picturesque colonial city on Colombia's Caribbean coast, is experiencing major growth in investment and international arrivals, leading to huge gains in tourism and business development, according to Proexport Colombia, the country's trade...

Let's Talk Business: Talent management - a strategic approach

September 3, 2014
Let's Talk Business: Talent management - a strategic approach There is a common misconception that in a negative economy where unemployment rates are high, companies need not worry about losing their top talent. Some employers may even believe that employees are happy to just have a job. This couldn't be farther from the truth.

Chinese businesses interested in Antigua-Barbuda

September 2, 2014
Chinese businesses interested in Antigua-Barbuda SHANDONG, China -- Over twelve major conglomerates in China have expressed interest in doing business in Antigua and Barbuda. During a meeting on Saturday, Prime Minister Gaston Browne told a group of CEOs and presidents of corporations attached to the Department of Commerce of...

JAMPRO leading regional delegation to China business summit

August 29, 2014
JAMPRO leading regional delegation to China business summit KINGSTON, Jamaica -- Jamaica Promotions Corporation (JAMPRO) will be leading a regional delegation from the Caribbean Association of Investment Promotion Agencies (CAIPA) and local exporters to the eighth annual China-LAC Business Summit taking place from September 5 - 14.

Cayman Islands attractive to Canadian insurance captives

August 28, 2014
Cayman Islands attractive to Canadian insurance captives GEORGE TOWN, Cayman Islands -- The Canadian and Cayman Islands insurance markets are made for each other, says representatives from the Insurance Managers Association of Cayman (IMAC), who have been going regularly to Canada to discuss the advantages of captive structures.

Puerto Rico appeals to young entrepreneurs

August 28, 2014
Puerto Rico appeals to young entrepreneurs SAN JUAN, Puerto Rico -- Alberto Bacó-Bagué, the Secretary of Puerto Rico’s Department of Economic Development and Commerce (DDEC), on Tuesday spoke to business leaders and start-ups at the National Black and Latino Council’s Black, Brown and Green Sustainability Summit.

OECS e-business and e-commerce workshops continue

August 26, 2014
OECS e-business and e-commerce workshops continue ROSEAU, Dominica -- The Organisation of Eastern Caribbean States (OECS) Export Development Unit will resume its e-business workshops for firms in the region during the week of August 26, 2014. Workshops will be conducted in Montserrat on August 26 and in the British Virgin Islands on August 28.

Trinidad native drives world changing biopolymer firm to global prominence

August 26, 2014
Trinidad native drives world changing biopolymer firm to global prominence BAINBRIDGE, USA -- Trinidad native, Paul Pereira, is guiding Meredian Inc., a biopolymer manufacturer, to global prominence with the world’s most advanced 100 percent biodegradable plastic, as they go before the world in the transition from petroleum based plastics to bioplastics.

Caribbean hotel income steadily improving

August 22, 2014
ATLANTA, USA -- The average Caribbean hotel enjoyed an 18.6 percent increase in net operating income (NOI) during 2013, according to the newly released 2014 edition of Caribbean Trends in the Hotel Industry published by PKF Consulting USA (PKFC).

Value chains a critical part of Caribbean regional agriculture

August 19, 2014
Value chains a critical part of Caribbean regional agriculture PORT OF SPAIN, Trinidad -- Value chains are fast becoming a critical part of the agricultural landscape, as countries seek to develop a competitive sector by linking farmers with end markets. While there are a number of guides for analysing value chains, research for the Technical Centre for...

$3 million boost for USVI small businesses

August 16, 2014
ST THOMAS, USVI -- The VI Economic Development Authority (VIEDA) has approved 24 loan guarantee support applications in the amount of $3 million to help local small businesses through local banks that are participants of the state small business credit initiative.

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