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Construction starts on US$60 million distribution centre in Trinidad

August 28, 2015
Construction starts on US$60 million distribution centre in Trinidad PORT OF SPAIN, Trinidad -- A sod-turning ceremony was held earlier this month for the Unicomer facility in Freeport, Trinidad, which will include a distribution centre, technical service centre, business offices and a retail branch; and will bring 250 new jobs and a US$60 million investment.

Regional Economics: All Central Banks print money

August 27, 2015
Regional Economics: All Central Banks print money A green activist against the proposed plasma gasification plant developed by Cahill asked me what would be the implications of China weakening its currency. He was particularly interested in Chinese firms’ continued ability to invest overseas after the weakening of the yuan (China’s currency).

Let's Talk Business: Brush up on your test taking skills if you want to land your dream job

August 26, 2015
Let's Talk Business: Brush up on your test taking skills if you want to land your dream job While traveling to a business conference a few weeks ago I stumbled upon the latest issue of the Harvard Business Review (HBR). What threw me for a loop was the cover story’s title: “It’s Time to Blow Up HR And Build Something New, Here’s How.” My surprise wasn’t necessarily the title, because I have been...

Jamaica charts new economic course with National Export Strategy II

August 24, 2015
Jamaica charts new economic course with National Export Strategy II KINGSTON, Jamaica -- With the vision of creating “a leading per capita export country known for its commitment to creativity, innovation and exceptional quality”, the Jamaican government has launched the second phase of the National Export Strategy (NES) to increase Jamaica’s exports and improve the...

Marketing Strategies Today: How you can profit with Pinterest

August 24, 2015
Marketing Strategies Today:  How you can profit with Pinterest Pinterest is the hottest new social networking trend on the internet. Users are scrambling to sign up, pin and share their favorite bits from the web on their very own site. And smart bloggers, website and business owners are using this new social networking phenomenon to direct more business and...

More market access for local exporters, says Trinidad minister

August 21, 2015
More market access for local exporters, says Trinidad minister PORT OF SPAIN, Trinidad -- Enhancing the country’s competitiveness and expanding exports are crucial for improving the economic welfare of the citizens of Trinidad and Tobago, said minister of trade, industry, investment and communications, Vasant Bharath during his feature address at...

Let's Talk Business: Your success in business may be a handshake away

August 19, 2015
Let's Talk Business: Your success in business may be a handshake away I never really appreciated the importance of networking until I started my own consulting company. The introvert in me would be the first to turn down an invite to some social or business event, especially if I saw no real benefit in it for me. I stayed tucked away within my comfort zone. When I realized...

SBA announces funding package to spur economic activity and create jobs in Puerto Rico

August 18, 2015
SBA announces funding package to spur economic activity and create jobs in Puerto Rico SAN JUAN, Puerto Rico -- Administrator Maria Contreras-Sweet, a member of President Obama's Cabinet and the head of the US Small Business Administration (SBA), announced on Monday during a press conference that the former Roosevelt Roads Naval Station has been designated a Historically...

Marketing Strategies for Today: Connect like never before with Periscope

August 17, 2015
Marketing Strategies for Today: Connect like never before with Periscope If you're a Twitter fan, then you're going to love Periscope. Picked up by Twitter in January, Periscope is a new video streaming app that will change the way you interact with the world. Periscope lets you broadcast your share-worthy moments on the go, connect with your Twitter followers in a whole new...

Direct consumption: The future of the Barbados sugar industry

August 14, 2015
Direct consumption: The future of the Barbados sugar industry BRIDGETOWN, Barbados (BGIS) -- Barbados has had a long tradition of producing some of the best quality sugar in the world. However, although the industry remains an important contributor to foreign exchange earnings, rural employment and the environment, the removal of the European Union’s...

Let's Talk Business: Change: Why this? Why now?

August 12, 2015
Let's Talk Business: Change: Why this? Why now? I believe it is fair to say that countries the world over are experiencing a tremendous amount of change and will continue to do so. Many of these changes, whether viewed in a positive or negative light, may have impacted us emotionally, physically or even financially. While we all know that change...

OECS launches Business Focus magazine

August 7, 2015
OECS launches Business Focus magazine CASTRIES, St Lucia -- Thursday marked the official launch of the OECS Business Focus magazine. This maiden issue of the publication provides a comprehensive look at economic activities across the Organisation of Eastern Caribbean States (OECS) region covering areas such as youth...

Let's Talk Business: WARNING: Men beware, this article is for women only

August 5, 2015
Let's Talk Business: WARNING: Men beware, this article is for women only As a working mother, have you ever experienced feelings of guilt whenever you’ve had to ask for permission to attend your son’s soccer championship or your daughter’s dance rehearsal? Well, you may be unknowingly sabotaging your career due to those feelings. It may be hard to believe but hear me out.

Puerto Rico highlighted as one of the best places for business in America

August 4, 2015
Puerto Rico highlighted as one of the best places for business in America SAN JUAN, Puerto Rico -- Excellent business incentives, highly educated and skilled human capital, and various opportunities to promote international growth, make Puerto Rico the best kept secret to make business, according to a group of international entrepreneurs. The attributes of the island as a business...

Malaysian firm to market Cuban cancer vaccine

August 1, 2015
Malaysian firm to market Cuban cancer vaccine HAVANA, Cuba (ACN) -- Malaysia's biotechnology firm Bioven, which is conducting clinical Phase III trials of a promising Cuban vaccine against cancer, plans to list on the London stock market. The relationship of the Caribbean country with Bioven, of which the Malaysian government is one of its major...

Economic 'slowdown' predicted for Latin America and Caribbean in 2015

July 30, 2015
Economic 'slowdown' predicted for Latin America and Caribbean in 2015 SANTIAGO, Chile -- Panama will lead Latin America and the Caribbean countries in economic growth that will average 0.5 percent in 2015, according to United Nations projections released on Wednesday, which note that, to reverse the region’s economic slowdown, more investments are needed...

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...

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