News from the Caribbean:
Animation: A new career path for young Jamaicans?
May 22, 2013
KINGSTON, Jamaica -- Brimming with talented, tech-savvy youngsters, Jamaica is a hub for innovation. And now, the visual arts have the potential to turn this talent into a meaningful and professional career, thanks to a growing demand for locally sourced animation products.
Association launched to fight illicit trade in dutiable goods
May 22, 2013
LONDON, England -- The world’s four largest international tobacco companies have forged a joint venture to fight the illegal trafficking of dutiable consumer goods. British American Tobacco, Imperial Tobacco Group, Japan Tobacco International and Philip Morris International have launched...
Network marketing: The future workforce
May 22, 2013
The network marketing business model is very straightforward. The idea is to build a network of people jointly to promote a product or service. Revenues are made from both promoting the product and from people brought in by each promoter’s network. Each marketer’s job is to develop their own network of people.
Small business development in Barbados to be transformed
May 17, 2013
BRIDGETOWN, Barbados (BGIS) -- The way small business development is conducted in Barbados will soon be revolutionised, according to industry minister, Donville Inniss, who revealed that plans are afoot to transform the small business sector into one that is more vibrant...
Significant increase reported in Trinidad oil and gas industry activity
May 16, 2013
PORT OF SPAIN, Trinidad -- At present there is significant increased level of activity in the oil and gas industry in Trinidad and Tobago, as it relates to drilling, when compared to May 2010 (three years ago). The heightened level of activity is impacting positively on the demand for energy services.
Foreign investment up in region, says new ECLAC report
May 16, 2013
SANTIAGO, Chile -- In 2012 Latin America and the Caribbean received a record amount of foreign direct investment -- US $173.361 million (6.7 percent more than in 2011) -- according to a report from the Economic Commission for Latin America and the Caribbean of the United Nations (ECLAC).
US underwater tourism development firm to invest $4.5 million in Caribbean resorts
May 16, 2013
LOS ANGELES, USA -- Reef Worlds Inc, the leading underwater tourism development firm in the US, is introducing their new experiential Underwater Worlds for the Caribbean at all inclusive resorts with a new $4.5 million dollar development budget. The program is designed to help resorts...
Turn your recommendations into cash money
May 15, 2013
Most people never actually consider how valuable their recommendations really are. This blog explains how to turn your recommendations into cash money. Companies call this word-of-mouth marketing; it’s the most powerful form of marketing a product can receive. Consumers love to give their opinion.
Regional shipping firm enters liquefied natural gas market
May 9, 2013
JACKSONVILLE, USA -- Crowley Maritime Corporation's petroleum services group is entering the liquefied natural gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive...
The internet opportunity
May 9, 2013
The internet opportunity is one of the largest business opportunities of all time. Made famous by the dot com boom then bust in the 1990s, the overwhelming majority of new millionaires are created from businesses made possible by the internet. For decades real estate...
Barbados business community urged to recognise economic potential of film and video
May 8, 2013
BRIDGETOWN, Barbados (BGIS) -- A call has gone out to the business community to invest in the emerging Barbadian film and video industry. Minister of culture, sports and youth, Stephen Lashley, made this appeal during his feature address...
Caribbean trust and law firms scoop awards
May 8, 2013
BASSETERRE, St Kitts -- Trust and law firms scooped the first ever Society of Trust and Estate Practitioners (STEP) Caribbean awards held in St Kitts on Sunday. Meritus Trust was recognised as Caribbean Trust Company of the Year.
Caribbean economies should take advantage of favourable conditions, says IMF study
May 7, 2013
MONTEVIDEO, Uruguay -- The International Monetary Fund (IMF) has called on Latin America and the Caribbean to take advantage of still favourable external conditions to lay the grounds for sustained growth by strengthening its policy buffers.
Guyana seen a new frontier for call centre industry
May 6, 2013
GEORGETOWN, Guyana (GINA) -- Chief executive officer of Qualfon, Mike Marrow, has called Georgetown, Guyana, an ideal call centre location. He made the comment during an interview for an article titled “Guyana Emerges as a Leader in Global Call...
Single mothers in St Lucia start employment training
May 4, 2013
CASTRIES, St Lucia -- Regional Communications Ltd, the company that produces made-in-St Lucia Cellestial-branded tablets, laptops and cell phones for export and domestic consumption, has started another round of training for single...
Second phase of project launched to improve access to finance for entrepreneurs in Belize
May 3, 2013
BELIZE CITY, Belize -- IFC, a member of the World Bank Group, is launching a second phase of its project with Belize’s Atlantic Bank to increase access to finance for small and medium enterprises (SMEs), which are critical to job creation and economic growth.
Hotel group expands Caribbean presence with opening of Barbados resort
May 3, 2013
MINNEAPOLIS, USA -- Radisson, one of the world’s best-recognized hotel brands, has announced the opening of the Radisson Aquatica Resort Barbados, set on picturesque Carlisle Bay. The resort recently completed an $8 million renovation.
How to make it in a free market economy
May 2, 2013
The great thing about a modern society is that we keep track of everything and numbers never lie. You can literally tell the future by studying the numbers. As a child looking at the statistics you can make decisions that will lead you down the path of doom or glory.
Caribbean resort investors fear for their homes
April 30, 2013
LONDON, England -- British investors in the financially troubled multi-million dollar Caribbean investment firm Harlequin Property are afraid they could lose tens of thousands of dollars and even their own homes after Harlequin’s sales division...
Why your business should use cloud web hosting
April 30, 2013
If your business is suffering huge losses due to network downtime, you need a secured cloud web hosting service. With modern businesses being more and more dependent on the speed and security of their network...
How to choose a financial controller for your business
April 29, 2013
Controlling the finances of a business is quite a daunting task. Taking advice from a financial controller helps you achieve your financial goals confidently. An expert adviser can advise you how to save more, where to invest, when to withdraw...
Malaysian oil giant Petronas takes share in Suriname exploration
April 27, 2013
PARAMARIBO, Suriname -- Petronas, Malaysia’s multinational state oil company, is the latest entry in Suriname oil exploration, after signing a $25 million investment deal on Friday with Suriname State Oil Company (Staatsolie).
What is money and how did money come about?
April 27, 2013
In the old-times, people would simply exchange one tangible resource for another, or in the case of a market setting, several people would exchange many tangible resources among each other, otherwise known as the barter system.
How to look for IT support services in London
April 27, 2013
Whether you run a multinational company or a small business, the growth of your business depends considerably on the reliability and speed of your IT system. If you are running a small business, it may not be possible for you to afford...
Discussions conclude in Bahamas on $200 million medical tourism facility
April 26, 2013
NASSAU, Bahamas -- President of American World Clinics (AWC) Robert Priddy ended high-level meetings in Grand Bahama and New Providence last week, with talks focused on the best island to fit a proposed $200 million-plus medical tourism facility.
Tips for choosing top SEO firm in New York and Connecticut
April 26, 2013
NEW YORK, USA -- Selecting a search engine optimization service provider in New York and Connecticut is quite a daunting task. While you can get a list of top ranking SEO firms instantly with an online search, not all of these top ranked companies are...
Bermuda Business Development Corporation merger completed
April 25, 2013
HAMILTON, Bermuda -- The Bermuda Business Development Corporation (BBDC) completed all legal processes on Friday, April 19, 2013, when the members of Business Bermuda approved the merger of their organization with the BBDC.
Commentary: Verbal contracts between Jamaican artistes and managers a recipe for trouble?
April 25, 2013
Over the past few years, we have been hearing a lot about ungrateful artistes bamboozling their managers out of both earned money and future earnings. We are led to believe that this is a new phenomenon but it is not. In fact, this is an old problem, garnering new...
Troubled Caribbean resort firm applies for administration
April 24, 2013
LONDON, England -- The financially troubled multi-million dollar Caribbean investment firm Harlequin Property has applied for its sales arm to go into administration. The business, run by the Ames family in Britain, blames negative publicity.
Internet marketing firm Desynz launches new and improved website
April 19, 2013
LONDON, England -- Desynz (www.desynz.co.uk), a leading internet marketing firm, has announced the launch of its new and improved website, which includes an informative search engine optimization blog. The company website now features...
Leadership pays big dividends for smaller firms, says former Bahamas minister
April 18, 2013
NASSAU, Bahamas -- The importance of leadership is critical for Fortune 500 companies, but a regional financial leader has asserted leadership is crucial for the "Less Fortunate 5,000" small- and medium-sized companies.
Suriname parliament approves goldmine expansion
April 16, 2013
PARAMARIBO, Suriname -- The Surinamese parliament on Saturday sanctioned the agreement that the government and the Toronto-based gold mining multinational Iamgold reached last November. The agreement will amend the existing...
Regional governments urged to understand FATCA and use it to their benefit
April 13, 2013
CHARLESTOWN, Nevis (NIA) -- Facilitator of the Nevis Financial Services Regulation and Supervision Department’s 2013 AML/CFT awareness seminar and training workshop, Kem Warner, believes it would be in the interest of regional governments...
Investors putting faith in Caribbean resort development firm left in a vacuum
April 10, 2013
LONDON, England -- Investors clamouring for answers from Harlequin Property, the beleaguered British-based overseas property company with several planned resorts in the Caribbean, say the silence from the company is conspicuous.
Grenada government moving to promote small and medium business
April 8, 2013
ST GEORGE'S, Grenada (GIS) -- The Grenada government will be placing emphasis on growing the number of small and medium enterprises (SMEs) in Grenada. The government has decided to set aside a sum of money targeting SMEs.
Bahamas to host regional FATCA workshop
April 4, 2013
NASSAU, Bahamas -- The Bahamas Ministry of Financial Services will be hosting a workshop on the United States’ Foreign Accounts Tax Compliance Act (FATCA) on April 9-10, 2013 in Nassau. The workshop will be facilitated by US Treasury...
Cayman Islands special economic zone embarks on international outreach
March 30, 2013
GEORGE TOWN, Cayman Islands -- After a successful first year as the only high-technology and knowledge-based special economic zone in the Americas, and a growing list of clients currently operating international businesses from the zone...
IDB loan to create jobs, spur garment industry in Haiti
March 29, 2013
WASHINGTON, USA -- The Inter-American Development Bank (IDB) has approved a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Korea, to expand its existing ready-made garment facility.
BVI government engages local business sector
March 28, 2013
ROAD TOWN, BVI -- In relating how the British Virgin Islands government is fostering the economic development of the territory, Premier and Minister of Finance Dr Orlando Smith told participants at Monday’s ‘On the Road’ interactive community meeting...
Comprehensive approach needed to spur regional competitiveness
March 25, 2013
BRIDGETOWN, Barbados -- The importance of competitiveness and productivity improvements for Caribbean enterprises aspiring to take advantage of opportunities in regional and extra-regional markets was the main focus at a colloquium...
