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GraceKennedy Completes Acquisition of Scotia Insurance Eastern Caribbean Limited (SIECL)

 Kingston, Jamaica - GraceKennedy (GK) has completed its acquisition of Scotia Insurance Eastern Caribbean Limited (SIECL) and has also announced that the company is to be rebranded under the name GraceKennedy Life Insurance Eastern Caribbean Limited (GK Life). GK Life will continue to offer credit protection on personal loans, residential mortgages, personal lines of credit, personal and small business credit cards in the seven Eastern Caribbean countries in which SIECL previously operated, namely: Anguilla, Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.

Ibex Takes Firm Hold of BPO Industry Leadership in Jamaica - Opens its Fifth Site in Five Years

WASHINGTON,  -- ibex (NASDAQ: IBEX), a global leader in business process outsourcing (BPO) and end-to-end customer engagement technology solutions, today announced the opening of its new Campus location in the Sunshine City area of Portmore, Jamaica. The new facility will create 1,300 digitally-enabled jobs, bringing the company’s total employment on the island to more than 6,500 people.

New ibex Jamaica Customer Experience Delivery Center ,ibex opens its Campus delivery center, its fifth location in Jamaica in five years.

World Bank Commits to Supporting a Resilient Recovery Program for Jamaica

KINGSTON, Jamaica - The World Bank’s Regional Vice President for Latin America and the Caribbean, Carlos Felipe Jaramillo, has ended a three-day visit to Jamaica discussing a wide range of issues with officials here including digital transformation, reimagining education, increasing climate resilience, improving linkages between agriculture and the tourism sector, as well as urban resilience.

Carlos Felipe Jaramillo

Comcast Advances Economic Mobility and Racial Equity in Underserved Communities Through $10 Million Investment With Inclusiv

NEW YORK & PHILADELPHIA-- Inclusiv and Comcast Corporation today announced that Comcast has committed to invest $10 million specifically aimed at building equity in credit unions led by and/or serving people of color through Inclusiv’s Racial Equity and Resilience Investment Fund (“the Fund”). Launched in 2020, the Fund leverages investments to increase lending to minority-owned businesses, homeowners, and consumers, providing access to capital and new financial opportunity to traditionally underserved and underbanked communities. As Inclusiv’s first corporate investment, Comcast’s commitment will enable local financial institutions to deploy at least $200 million in total capital in communities that need it the most and help ensure hardworking individuals have access to the capital needed to build and strengthen their financial lives.

Barbados to Cut Airport Taxes By 50 Per Cent

BRIDGETOWN, Barbados, CMC – Barbados Tuesday announced that it would be cutting by 50 per cent, airport taxes for regional travelers, a request that had originally been made by Antigua and Barbuda’s Prime Minister Gaston Browne as a means of encouraging intra-regional travel.

Lisa Cummins

Channing Capital Management Launches Its First Mutual Fund

CHICAGO,  - On July 1, Channing Capital Management, LLC (Channing) launched its first publicly traded mutual fund, the Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX). The investable universe is primarily domestic small capitalization stocks with a focus on quality companies that the portfolio management team believes to be attractively valued.

Channing Capital co-founders Rodney B. Herenton and Wendell E. Mackey
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