Promising better service for both borrowers and lenders, new financial tech company Carilend was officially launched on Thursday night at Limegrove Centre in Holetown.
Regional directory publisher Yello Media Group, which publishes the Yellow Pages in Barbados, has named Collin Francis as the new CEO, as the company prepares to expand into three new markets, the Jamaica Gleaner reports.
Net profit for the year was TT$56 million (US$8.3m), down from TT$83 million (US$12.3m) in 2015, a decline of about a third, or 32.5%.
The Gleaner said Jamaica saved around US$18 million in 2016 in oil imports based on 80MW generated from renewable energy projects.
The event was held from June 7th to 8th in Brussels and Caribbean Export showcased their export development work
According to the Trinidad Guardian, Massy Stores CEO Derek Winford said that although the group was diversifying operations and expanding into other areas, its supermarkets subsidiary was struggling with monthly costs such as rents, salaries and utilities.
PBS Chairman Paul Scott said the company decided to offer a secondary listing on the BSE in oder to allow investors access to a regional company and to support a vision for a more integrated regional securities exchange.
According to the Trinidad Guardian, Ms. Peake said her application was urgent due to developments currently taking place in the company, telling the court that “Every day that passes, things are happening. There is a fundamental change in the status quo to the detriment of creditors.”
The finance minister says he hopes that some of the taxes imposed in the2017-18 budget presentation could be only temporary measures.
Profit after tax was over $100 million below that of the previous period, TT$416.8 million, compared with TT$527.8 million in 2016).
Ms Lagarde said “Let me assure you that we are not giving up on this, and we will work together to find a solution, not only on the loss of correspondent banking relationships but also on the high costs of international payments.”
Chairman of the Board of Management of the Barbados Community College, Stephen Broome, wants to see the College become what he called a “second country provider” of higher educational services and programmes to countries in the Caribbean, mainly in its specialty areas.
The Inter-American Development Bank Group (IDB Group) says it is willing to invest up to US$1 Billion over the next five years in new public/private sector partnerships to help the Caribbean mitigate the damage that will be done to its infrastructure by climate change.
Kestrel Liner Agencies, a UK-based shipping firm serving the Caribbean, has been awarded the prestigious Queen’s Award For International Trade 2018. The Award recognises Kestrel’s rapid growth over the past three years, both in the Caribbean market as well other markets.
Danielle Dieffenthaller from Trinidad & Tobago, Kimala Bennett from Jamaica, Michael Taylor from Jamaica, and Corey Lane from Barbados were honoured by the Anthony N. Sabga Caribbean Awards for Excellence, for their work in science, art, entrepreneurship, and activism, at an awards ceremony on March 31. The winners were presented with cheques for TT$500,000, a medal and a citation.
With the road to growth a slow and often bumpy ride, the Massy Group sees its path to profits in cutting costs and improving efficiency across the board,