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FS Chairs regional risk reduction meeting PDF Print E-mail
Written by Publisher   
Thursday, 29 July 2010 12:58

Financial Secretary, Neil Smith chaired the second meeting of the project board of the OCT Regional Risk Reduction Initiative held on Tuesday July 20 at UN House in Barbados. In his opening remarks Smith said he was pleased with the level of cooperation among the OCTs and expects that there will be an efficient implementation phase of the project to address the gaps that have been identified within each Territory.

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Bank sector funds seek gains after reform PDF Print E-mail
Written by Aaron Pressman   
Thursday, 29 July 2010 12:57

JPMorgan Chase & Co, an underperformer so far this year, is one of several big banks whose shares could be poised for a revival now that U.S. financial regulatory reform is all but completed.

Diamond Hill Financial Long-Short Fund is bulking up on the No. 2 U.S. bank, led by hard-driving CEO Jamie Dimon, as the sweeping changes to rules for banks and brokerages appear close to passage in Washington, said Chris Bingaman, the fund's co-manager.

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Dollar under pressure PDF Print E-mail
Written by Blake Ellis   
Thursday, 29 July 2010 12:56

Investors are dumping the dollar this week, as stocks remain volatile, worries about a sluggish U.S. economic recovery persist and confidence in the euro zone and nations abroad increases.

A string of disappointing economic reports this week, along with pessimistic comments from Federal Reserve Chairman Ben Bernanke about an "unusually uncertain" outlook for the U.S. economy, have caused investors to fear that the recovery is stalling.

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Money is not all - CTCS Investment Officer PDF Print E-mail
Written by Carmilita Jamieson   
Wednesday, 28 July 2010 16:34

An Investment officer with the Caribbean Technological Consultancy Services (CTCS) of the Caribbean Development Bank wants small and medium sized businesses to understand the importance of the technical side of business; these businesses should not place emphasis just on the financial aspect.

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LIME offers communication solution for SMEs PDF Print E-mail
Written by Publisher   
Wednesday, 28 July 2010 16:32

Small and medium size businesses (SMEs) across the Caribbean can now get an amazing, new small office solution with large business capabilities from LIME.

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Nanny Cay expansion to boost economy PDF Print E-mail
Written by Carmilita Jamieson   
Wednesday, 23 June 2010 16:36

 

- Plans to invest $30 million

Nanny Cay Resort and Marina is in the early stages of planning for a multi-million dollar expansion which the company says will meet its growing demands, while creating more than 100 permanent jobs which will generate more revenue into the local economy.

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