Bernal departs Caribbean Regional Negotiating Machinery (CRNM) - Caribbean top trade negotiator heads to IDB
Richard Bernal, who has served for nearly a decade as the region's chief trade negotiator,is leaving as head of the Caribbean Regional Negotiating Machinery (CRNM) to take up a job at the Inter-American Development Bank (IDB) in Washington. He will be an alternate executive director...
Jamaica, Guyana battle over rice
JAMAICA HAS warned that it will override any Guyanese resistance to its request for a suspension of Caribbean Community's (CARI-COM) 25 per cent common external tariff (CET) on the import of up to 24,000 tonnes of rice, a move aimed at guaranteeing domestic demand...
New Town plans shelved - Portion of property listed for sale
The National Housing Trust (NHT) has shelved, at least for now, plans to develop 11,000 acres of land into a township in Clarendon.It confirmed the plans after Financial Gleaner queries on the New Town lands that were placed on a list of properties to be sold....
Lascelles share disposal fattens Mayberry's bottom line - Profits climb 986 per cent
A one-off gain of more than half a billion dollars, largely from the part sale of its holdings in Lascelles deMercado and Company, has fattened Mayberry Investment Limited's bottom line to $630 million in its first quarter ending March 2007...
Scotia DBG's new team built on experience
Scotia DBG Investments chose cocktails in a country club setting to introduce its new senior management team to clients and prospectives last Friday, a day after its official name change finalising its transition into the Scotiabank fold. Anya Schnoor has had control of the investment bank ...
Reynald exits One Caribbean Media - Central banker to fill CEO slot
Craig Reynald, who has been at the forefront of efforts of One Caribbean Media to transform itself into a genuinely pan-Caribean media company, steps down as CEO at month end and will be succeeded by Terrence Farrell, a former governor of the Trinidad and Tobago central bank....
US stores impose restrictions on rice purchases
The two biggest US warehouse retail chains are limiting how much rice customers can buy because of what Sam's Club, a division of Wal-Mart Stores Inc, called "recent supply and demand trends."The broader chain of Wal-Mart stores has no plans to limit...
Brazil halts rice exports
Brazil announced Wednesday it has temporarily halted rice exports to ensure domestic supply amid rising world prices for the grain.Brazil grows more rice than it consumes and has a reserve that will safeguard the country's supply, Agriculture Minister...
Four of 520 pension fund applications finalised - FSC delay said 'frustrating' sector
Financial Services Commission, regulator of the private pensions sector, has more than 500 licensing applications before it, but has only signed off on four, said new FSC chairman Emil George. Essentially, the FSC has registered less than one per cent of the 520 applications placed ...
Trinidad looks to Guyana for cheap food imports - Investing in farms, after 21% climb in prices
Trinidad and Tobago is reaching back for old plans to combine with new proposals under a rescue strategy for food that aims to boost agricultural production in the twin island and reverse, or at least put the brakes on three years of consistent price increases...
Buchanan takes on billion-dollar development in St Ann
BACKED BY a loan from Jamaica Development Bank (JDB) and equity partners in New York, Paul Buchanan, former housing official who has gone into business as a real estate developer, has taken on a billion-dollar project in Discovery Bay, St Ann, as his...
Cold winter gives Jamaica warm returns - Bartlett claims record season
JAMAICA'S WINTER tourist season closed at a new record, with stop-over arrivals counted at more than 650,000, reflecting growth of 13 per cent, the Jamaica Tourist Board has said.Tourist spend also rose 10 per cent to US$724 million, the agency announced Tuesday...
NHT adjustable mortgage rate plan thrown out - Trust now has $61b inaccumulated fund
PRIME MINISTER Bruce Golding has thrown out a plan by the National Housing Trust (NHT) to move from a fixed to adjustable rate mortgage regime, not only denying the agency projected annual revenue of $670 million over the next five years...
CARICOM ready to haggle, Canada says date inconvenient - Trade talks to centre on goods, services, investment
The Caribbean Community's (CARICOM) expectations that it would have been back at the table to iron out a deal with Canada, were dashed this week when the Canadians threw out the May 1-3 date, saying it was inconvenient, according to Ambassador Richard Bernal....
Commentary - Managing consumption for food security, a strategic choice
UPON US is a world food crisis alongside a financial crisis of unprecedented proportions.In India, the harvest has been good and food stocks have risen.In the United States (US), food banks face reduced supplies and increased demand from people in need as milk...
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