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Caribbean should do more to facilitate trade in order to boost exports, says IADB report

October 23, 2014
Caribbean should do more to facilitate trade in order to boost exports, says IADB report WASHINGTON, USA -- Three years of sluggish growth in the exports of Latin America and the Caribbean (LAC) make it urgent to implement policies that facilitate trade, according to a study published this week by the Inter-American Development Bank (IDB). The Trade and Integration Monitor 2014...

Let's Talk Business: Five steps to taking your business services global!

October 22, 2014
Let's Talk Business: Five steps to taking your business services global! When thinking about entering the global marketplace, many businesses usually think about the sale of products. Outside of those companies in the technology industry, for example web developers and a few other services related businesses, there are a few untapped industries that can bode well.

Alcoa to sell Jamaica bauxite and alumina stake

October 18, 2014
Alcoa to sell Jamaica bauxite and alumina stake NEW YORK, USA -- Alcoa and Noble Group Ltd have signed a definitive agreement that will result in Alcoa World Alumina and Chemicals (AWAC) selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140 million.

Bahamas delegation travels to Trinidad for Caribbean management consultants conference

October 17, 2014
Bahamas delegation travels to Trinidad for Caribbean management consultants conference PORT OF SPAIN, Trinidad -- Billie Bowe, president and CEO of Benchmark Consulting Services Ltd, was one of six Bahamian delegates to attend the fourth annual Caribbean Institute of Certified Management Consultants (CICMC) 2014 conference held in Port of Spain, Trinidad, earlier this month.

Caribbean Export and GIZ join forces to strengthen regional services sector

October 16, 2014
Caribbean Export and GIZ join forces to strengthen regional services sector BRIDGETOWN, Barbados -- The Caribbean Export Development Agency (Caribbean Export) has once again partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to support the development of the SERVICES Go Global programme -- an instructor-led, competency based export training...

Let's Talk Business: Encouraging employees to take a 'mental break' may do more harm than good

October 15, 2014
Let's Talk Business: Encouraging employees to take a 'mental break' may do more harm than good Believe it or not there are some companies where creativity and innovation are encouraged; employees are given room to breathe, to take a mental break. To rejuvenate, do a little daydreaming, take a 15-minute nap on soft couches, allowing their minds to wander until that next epiphany or grand idea.

Barbados to host international business and investment convention

October 10, 2014
Barbados to host international business and investment convention BRIDGETOWN, Barbados -- A new international exhibition and conference in Barbados -- IBIC 2015 -- will run for three days from October 6-8. The IBIC convention is the first of its kind in Barbados, and will focus on encouraging international business relations and promoting investment.

Amazon expands operations in Costa Rica

October 10, 2014
Amazon expands operations in Costa Rica SAN JOSE, Costa Rica -- Amazon Support Services in Costa Rica on Thursday inaugurated its fourth service center and announced 1,000 new jobs at its offices located in Calle Blancos and Lagunilla. The company offers seasonal jobs and permanent positions with open dress code...

You can start a business in five days, says regional entrepreneur

October 9, 2014
You can start a business in five days, says regional entrepreneur BRADES, Montserrat -- Regional media strategist and business coach Nerissa Golden has released a free download called Start a Business in Five Days in the hopes of getting more people to put their dreams and ideas of business ownership down on paper as the first step to bringing them into existence.

Let's Talk Business: Good governance and the ease of doing business

October 8, 2014
Let's Talk Business: Good governance and the ease of doing business For foreign investors interested in investing their money and resources in another country, there are numerous considerations that first must be addressed. Among these considerations is determining the ease of doing business in that country or market. This can be a very tricky situation to assess.

Chinese regional development companies under scrutiny

October 7, 2014
Chinese regional development companies under scrutiny NASSAU, Bahamas -- As Bahamian businesses continue to express concern about what appears to be a “government default” towards employing Chinese funding, technical expertise and labour in large scale projects, many of those Chinese companies -- including companies doing business...

Supporting the human imagination at work in the Caribbean

October 6, 2014
Supporting the human imagination at work in the Caribbean BRIDGETOWN, Barbados -- The Caribbean Export Development Agency (Caribbean Export) is supporting the participation of nine CARIFORUM SMEs through funding a collective pavilion at the Innovation Village that forms part of the VIII Americas Competitiveness Forum (ACF) scheduled to be held...

Regional designers to showcase at Dominicana Moda 2014

October 3, 2014
Regional designers to showcase at Dominicana Moda 2014 SANTO DOMINGO, Dominican Republic -- The Caribbean Export Development Agency (Caribbean Export), under the 10th European Development Fund (EDF) is supporting six regional designers to be part of Dominicana Moda 2014 (DM2014) in the Dominican Republic from October 20 to 25.

Caribbean Export contributes to strengthening trade relations between Caribbean and China

October 1, 2014
Caribbean Export contributes to strengthening trade relations between Caribbean and China CHANGSHA, China -- The Caribbean Export Development Agency (Caribbean Export) supported a contingent of representatives from four of the region’s business support organisations (BSOs) to participate in the eighth China LAC Business Summit that was held in Changsha, China.

Let's Talk Business: Succession Planning: How to proactively prepare the future leaders of your company

October 1, 2014
Let's Talk Business: Succession Planning: How to proactively prepare the future leaders of your company While succession planning is often talked about at the upper echelons of many corporations, few are really preparing a succession plan or have one in place. Korn Ferry International, a global talent management and research firm, surveyed 1,318 executives and found that only 35% actually have a plan.

Bahamas human resources development firm conducts customer service seminar

September 30, 2014
Bahamas human resources development firm conducts customer service seminar NASSAU, Bahamas -- The Phoenix Institute for Positive Development and Empowerment, a human resources development firm based in Nassau, Bahamas, recently conducted a highly effective customer service excellence seminar. Master Motivator Spence Finlayson, the founder, president and CEO, said...

No Che Guevara and Chavez perfumes, says Cuba

September 29, 2014
No Che Guevara and Chavez perfumes, says Cuba HAVANA, Cuba (ACN) -- Cuba said it will punish officials with the Biological Laboratories Entrepreneurial Group Labiofam after they launched two fragrances in apparent homage to Cuban-Argentinean guerrilla fighter Ernesto Che Guevara and former Venezuelan president Hugo Chavez.

Marketing plans afoot for Jamaican marijuana

September 27, 2014
Marketing plans afoot for Jamaican marijuana PORT OF SPAIN, Trinidad -- In the coming weeks, the government of Jamaica has committed itself to legalizing “the weed” – a move that Jamaica's minister of tourism, Wykeham McNeill, indicated “can only be good for tourism”. A few other people, especially the Miller family, which owns the...

Caribbean Export awards over US$200,000 to regional agro-processing companies

September 25, 2014
Caribbean Export awards over US$200,000 to regional agro-processing companies BRIDGETOWN, Barbados -- The Caribbean Export Development Agency (Caribbean Export) has awarded over US$255,000 or €197, 000 in financial assistance to CARIFORUM agro-processing firms as part of the Regional Private Sector Development Programme (RPSDP).

Jamaica to launch business reforms under competitiveness and growth project

September 25, 2014
Jamaica to launch business reforms under competitiveness and growth project KINGSTON, Jamaica -- In the wake of Jamaica’s recent eight-point advance in the Global Competitiveness Report rankings, the Jamaica Promotions Corporation (JAMPRO) has been appointed to coordinate the first component of a US$50 million World Bank Project geared at improving the country’s business environment.

Trinidad and Tobago government to sell CLICO

September 24, 2014
Trinidad and Tobago government to sell CLICO PORT OF SPAIN, Trinidad -- Trinidad and Tobago’s minister of finance, Larry Howai, has confirmed that Colonial Life Insurance Co Ltd (CLICO) is to be sold. He stressed however that the price must be right. Speaking at the meeting of the Standing Finance Committee of the House of Representatives...

Bahamas government reliance on China 'squeezing out' local entrepreneurs

September 24, 2014
Bahamas government reliance on China 'squeezing out' local entrepreneurs NASSAU, Bahamas -- What would appear to be the Bahamas government’s “default position” in favour of Chinese technical expertise and Chinese funding is “squeezing out” local entrepreneurs throughout the supply chain, according to a prominent financial services professional.

Commercial moringa production study in Haiti explores new markets for smallholder farmers

September 24, 2014
Commercial moringa production study in Haiti explores new markets for smallholder farmers PORT-AU-PRINCE, Haiti -- "It is hard to rein in the use of superlatives when describing the benefits of the Moringa oleifera tree, long known to rural Haitians for its highly nutritious leaves eaten raw or added to soup," said Hugh Locke, president of the Smallholder Farmers Alliance (SFA).

New investment in Puerto Rico exceeds $1billion

September 24, 2014
New investment in Puerto Rico exceeds $1billion SAN JUAN, Puerto Rico -- Last week, Nicholas Prouty, CEO of Putnam Bridge, announced the firm's plan to begin construction on the third phase of Ciudadela, a mixed-used development in the heart of Santurce. The project adds to a growing list of other large scale investments in Puerto Rico.

New Jersey food company focuses expansion efforts in Caribbean

September 24, 2014
New Jersey food company focuses expansion efforts in Caribbean PATERSON, USA -- As part of its effort to grow its export business, Kontos Foods, Inc., a New Jersey-based manufacturer and distributor of traditional Greek and Mediterranean foods for restaurants, hotels, food service, retail specialty stores and supermarkets worldwide, has increased expansion...

Let's Talk Business: Can women really change the world's economy?

September 24, 2014
Let's Talk Business: Can women really change the world's economy? A shocking article piqued my interest this week. The article published in McKinsey Quarterly’s September 2014 issue entitled “Can Women Fix Capitalism?” authored by Joanna Barsh a senior partner at the firm, shares insights as to how “Gender equality at the top of business has stalled...

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...

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