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Caribbean tourism growth needs collective strategy, says hotelier

July 29, 2015
Caribbean tourism growth needs collective strategy, says hotelier NEW YORK, USA -- Choice Hotels International, Inc. executive, Bill Clegg, a respected hotel industry professional, believes that, as the Caribbean tourism industry recovers, its leadership should work more collectively to ensure growth in the region is sustained. Citing Smith Travel Research data, Clegg...

Let's Talk Business: Are workplace romances good for business?

July 29, 2015
Let's Talk Business: Are workplace romances good for business? Whether employers like it or not, relationships between employees occur and they occur often. A recent survey revealed that four out of ten employees have dated someone at work, and 17 percent have done it twice. I would imagine that the numbers are likely to be a bit higher if the survey were...

Martinique to host first female entrepreneurship awards in the Caribbean

July 24, 2015
Martinique to host first female entrepreneurship awards in the Caribbean FORT DE FRANCE, Martinique -- The ceremony for the first awards for female entrepreneurship and cooperation in the Caribbean, presented by the Guardian Group and Martinique Pionnières, will take place in December 2015 in Martinique. The Pioneers network, present in 15 regions in Europe, Africa...

New contact centre to be opened in Trinidad

July 24, 2015
New contact centre to be opened in Trinidad ST PETERSBURG, USA – iQor, a global provider of business process outsourcing and product support services with 32,000 employees in 17 countries, will open its newest contact centre in Trinidad and Tobago in September 2015. The new site will be located in Trinidad’s Tamana InTech Park.

First ever OECS Business Council formed

July 23, 2015
First ever OECS Business Council formed CASTRIES St Lucia -- The first ever Organisation of Eastern Caribbean States (OECS) Business Council retreat began on Monday in Saint Lucia, under the theme: “Converging the development agenda together.” President of the OECS Business Council Gorden Charles said the council will focus...

Building geographical indications for Caribbean origin-linked products

July 23, 2015
Building geographical indications for Caribbean origin-linked products KINGSTON, Jamaica -- The Caribbean Export Development Agency (Caribbean Export) opened the two-day sub-regional workshop on branding and the use of geographical indications in the development of management strategies for origin-linked products in Kingston, Jamaica, on July 21.

Jamaica's venture capital programme ranks ninth in Caribbean and Latin America

July 21, 2015
Jamaica's venture capital programme ranks ninth in Caribbean and Latin America KINGSTON, Jamaica -- Jamaica’s efforts to put venture capital into the investment and entrepreneurial mix are paying off. The Latin American Private Equity and Venture Capital Association (LAVCA) has ranked the country ninth in its 2015-2016 Scorecard, thereby placing Jamaica ahead of the...

Jamaican private university college plans to go public

July 21, 2015
Jamaican private university college plans to go public KINGSTON, Jamaica -- The University College of the Caribbean (UCC) located in Jamaica is aggressively advancing its strategic plans to become the first private university college in the Caribbean to go public. This move, it is believed, would address the huge gap between market demand for tertiary education...

Let's Talk Business: Is online training in the corporate environment really worth it?

July 18, 2015
Let's Talk Business: Is online training in the corporate environment really worth it? For hundreds of years, classroom training has been the only accepted teaching environment. Online learning or distance education was not considered to be of the same standard as obtaining a degree or certification of a brick and mortar institution. Since the late 1990s, however, online learning...

Jamaica positioning to benefit from nutraceutical industry

July 16, 2015
Jamaica positioning to benefit from nutraceutical industry KINGSTON, Jamaica (JIS) -- Minister of science, technology, energy and mining, Phillip Paulwell, says Jamaica is positioning itself to derive tremendous economic and social benefits from the global nutraceutical industry, which is valued at over $150 billion. “Within our hemisphere, Brazil is one of the major...

Regional Economics: The economics of happiness

July 16, 2015
Regional Economics: The economics of happiness On Sunday I sat under a tamarind tree on a shaky bench at my alma mater waiting for enough persons to start a football match. As a naturally curious person I observed that a snow cone vendor was present plying his trade, mainly to a small group of netball players. That was curious because I knew...

Report outlines Bermuda's positive impact on global economy

July 15, 2015
Report outlines Bermuda's positive impact on global economy HAMILTON, Bermuda -- The Bermuda government on Tuesday released the 2014 report "Bermuda in the World Economy." The report, commissioned by the ministry of finance and the Washington D.C. office, was prepared by Transnational Analytics LLC president and top economist Charles Ludolph.

Trinidad minister opens trade and investment convention

July 13, 2015
Trinidad minister opens trade and investment convention MACOYA, Trinidad -- Senator Vasant Bharath, minister of trade, industry, investment and communications and minister in the ministry of finance and the economy, declared Trinidad and Tobago’s 2015 Trade and Investment Convention (TIC 2015) open for business last week at the Centre of Excellence.

Let's Talk Business: Dear Billie, I hate my job but I can't leave it because...

July 10, 2015
Let's Talk Business: Dear Billie, I hate my job but I can't leave it because... How would you complete this statement? Because I have a mortgage. Because I have school fees to pay. Because I am the only one working so I have no other choice. Because I have responsibilities. Because, because, because. Or how about the “but”? What would you place behind that statement?

Regional Economics: Should Greek debt be forgiven?

July 9, 2015
Regional Economics: Should Greek debt be forgiven? It is no secret that four Caribbean countries are amongst the most indebted countries in the world when looking at debt as a percentage of GDP: St Kitts and Nevis, Jamaica, Grenada and Barbados. Sir Hilary Beckles (current vice-chancellor of the University of the West Indies) called for debt forgiveness...

Changing the international perception of the Caribbean from tourism

July 7, 2015
Changing the international perception of the Caribbean from tourism BRIDGETOWN, Barbados -- “One of the challenges we face in the region is how to change the perception of the Caribbean as being that of a destination solely for vacation tourism.” This was the view from president of the Caribbean Association of Investment Promotion Agencies (CAIPA), McHale Andrew.

Cuba-Caribbean business forum to be held this month

July 3, 2015
Cuba-Caribbean business forum to be held this month HAVANA, Cuba (ACN) -- Representatives of ten Caribbean countries will meet in eastern Santiago de Cuba city on July 16 and 17 for the Cuba-Caribbean Business Forum. The forum will be attended by ministers from Belize, Dominican Republic, Haiti, Saint Lucia, The Bahamas, Antigua...

Caribbean alliance eyes new era for youth entrepreneurship

July 3, 2015
Caribbean alliance eyes new era for youth entrepreneurship PORT OF SPAIN, Trinidad -- Young people hoping to transform their business ideas into successful enterprises are set to benefit from the creation of a new Commonwealth alliance to promote youth entrepreneurship across the Caribbean and Americas. The Commonwealth Alliance of Young...

Cuban innovation and entrepreneurship front and center after Obama's announcement

July 3, 2015
Cuban innovation and entrepreneurship front and center after Obama's announcement NEW YORK, USA -- On the heels of US President Barack Obama’s announcement reinstating diplomatic relations with Cuba, CAA, a privately funded, not-for-profit foundation based in Greenwich, Conn., has announced Innovadores, the first-ever initiative to promote entrepreneurship, opportunity...

CARICOM Competition Commission to investigate telecoms merger

July 2, 2015
CARICOM Competition Commission to investigate telecoms merger PARAMARIBO, Suriname -- The CARICOM Competition Commission (CCC) has, pursuant to Article 176.1 of the Revised Treaty of Chaguaramas (RTC), completed its preliminary examination of the agreement by Cable and Wireless Communications Plc (CWC) to acquire Columbus...

Tourism agency seeks to inject fresh thinking into Caribbean tourism product

July 2, 2015
Tourism agency seeks to inject fresh thinking into Caribbean tourism product BRIDGETOWN, Barbados -- The region’s tourism development agency is seeking to stimulate new ideas and fresh thinking aimed at re-inventing the Caribbean tourism product. The Caribbean Tourism Organization (CTO) has organized a regional four-day workshop to provide, among other...

Let's Talk Business: Conflict resolution and the issue of gay rights

July 1, 2015
Let's Talk Business: Conflict resolution and the issue of gay rights This past week’s ruling in favour of same sex marriage by the highest court in the United States has sparked a flurry of debate all over the world. In the Caribbean, social media is afire with emotionally charged comments from sheer outrage to pure joy. With this in mind, I thought it fitting to dedicate this...

Regional Economics: Lessons from Greece for the Caribbean

June 30, 2015
Regional Economics: Lessons from Greece for the Caribbean We in the Caribbean like to compare ourselves to other countries that are excelling in a particular area and emphasise that we are not too far off from them or that we are closing the gap in some way. Perhaps it is equally important to look at countries that we don’t want to be similar to and analyse what...

BVI shell company allegedly used to steal US and Chinese shareholder interests in energy firm

June 26, 2015
BVI shell company allegedly used to steal US and Chinese shareholder interests in energy firm NEW YORK, USA -- Robert Seiden, the court-appointed receiver of Sino Clean Energy, Inc. (SCEI) filed criminal charges with the Hong Kong Police Commercial Crimes Bureau on May 22, 2015 alleging that SCEI's chairman, Baowen Ren, undertook a fraudulent backdated-transfer of shares.

Bermuda targets US corporations with captive insurance webinar

June 26, 2015
Bermuda targets US corporations with captive insurance webinar HAMILTON, Bermuda -- The Bermuda Business Development Agency (BDA) is teaming with industry partners to host a webinar next week spotlighting the advantages to US corporations of setting up a captive insurance company in Bermuda. The hour-long webinar, to be broadcast on Tuesday...

Let's Talk Business: Stop blaming your employees for bad customer service

June 25, 2015
Let's Talk Business: Stop blaming your employees for bad customer service One of the first articles I published in this column was regarding customer service. Unfortunately, my feelings on the subject have not changed since then. Bad customer service still equals bad business. One thing has changed and that is the gloves are off, no more subtlety around this vexing issue.

Regional entrepreneurs discuss investments at conference in Haiti

June 18, 2015
Regional entrepreneurs discuss investments at conference in Haiti PORT-AU-PRINCE, Haiti (HCNN) -- Entrepreneurs and members of the American Chambers of Commerce in Latin America and the Caribbean (AACCLA) continue to discuss investments in the region on the last day of a three-day conference "Future of the Americas" held in Haiti.

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