BusinessBarbados.com - Caribbean News

Steady performance by Scotia

Mon, 06 Sep 2010 12:00:00 GMT

For the nine months ended July 31, 2010, Scotiabank Trinidad and Tobago (SBTT) produced an EPS of $2.06. This represents a 10.2 per cent increase in earnings when compared to the EPS of $1.87 recorded in the comparative nine months ended July 31st, 2009. The directors have resolved that the Bank pay a third interim dividend of $0.25 (2009 - $0.25) per share on October 7, 2010 to shareholders on record as at September 7, 2010.

Help small businesses to be well rounded, says JCC head

Mon, 06 Sep 2010 12:00:00 GMT

Clearly not expecting financial institutions to lend irresponsibly, president of the Jamaica Chamber of Commerce (JCC), Milton Samuda, is urging resource-rich facilities to fuel capacity building - preparing small businesses to be "bank-ready".

Blue Mountain coffee campaign a big success, says Starbucks

Mon, 06 Sep 2010 12:00:00 GMT

US-based coffeehouse chain Starbucks said its Jamaica Blue Mountain Coffee campaign was a hit with "enthusiastic" sales. It comes amidst the Jamaican government's plan to augment declining sales in Japan, the island's major coffee market.

Developments in oil and gas exploration augur well for Guyana's energy sector

Mon, 06 Sep 2010 12:00:00 GMT

As Guyana moves closer to realising its hydro-electric potential, developments in oil and gas exploration augur well for the future of the nation's energy sector.

Nevis breaks barriers in renewable energy development

Mon, 06 Sep 2010 12:00:00 GMT

Though among the smallest islands in the Caribbean, Nevis has shown that barriers could be overcome in the area of renewable energy. Those words came from Project Consultant of the Caribbean Renewable Energy Development Programme (CREDP) and the German Agency for Technical Cooperation (GTZ), Thomas Scheutzlich, at the official launch of the WindWatt Nevis Ltd. Wind Farm at Maddens Estate recently.

TT targets culinary tourism

Fri, 03 Sep 2010 12:00:00 GMT

Permanent Secretary in the Tourism Ministry, Melba Didier yesterday urged local chefs to return to using more local produce in an effort to promote Trinidad and Tobago as a culinary tourism destination and to increase export markets for local culinary products.

IDB to centre regional operations in Jamaica

Fri, 03 Sep 2010 12:00:00 GMT

Gerard Johnson, the Inter-American Development Bank's (IDB) representative in Jamaica for the past three years, has been promoted to head the institution's operations in the English-speaking Caribbean.

Sagicor chief keeps faith with Caribbean

Fri, 03 Sep 2010 12:00:00 GMT

President and chief executive officer of the Sagicor Financial Corporation Dodridge Miller believes that once the financial environment settles in the Caribbean, growth will be in excess of ten per cent. Miller remains bullish despite July's downgrade by A.M. Best. The renowned insurance rating agency attributed its downgrade to Sagicor Financial Corporation's exposure to the poorly performing Jamaican economy.

CARICOM environment ministers meet in Guyana

Fri, 03 Sep 2010 12:00:00 GMT

Ministers of Environment and other environment experts were due to meet in Georgetown, Guyana on Thursday and Friday to address sustainable development, environment and climate change issues and their impact on the CARICOM Single Market and Economy (CSME) as well as the Community.

Consumers brace for higher prices

Thu, 02 Sep 2010 12:00:00 GMT

Local food manufacturers are finding it harder to absorb increased production costs and they say they have no choice but to pass it on to consumers. In July, food inflation rose to 33.3 percent. Fresh fruits and vegetables were the main cause, with prices going up by 63.1 percent because of this year's drought and subsequent floods.