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.
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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.
PORT OF SPAIN, Trinidad – The state-owned Caribbean Airlines (CAL) Friday said it has made “significant progress” on its restructuring plans after suffering severe economic fallout due to the coronavirus (COVID-19) pandemic.
BRIDGETOWN, Barbados – The Central Bank of Barbados (CBB) Wednesday said the performance of local economy continues to be restrained by the protracted global presence of the coronavirus (COVID-19) pandemic, noting that the immediate challenge facing the Barbados economy is to build on the green shoots of growth experienced during the second quarter.
KINGSTON, Jamaica – Prime Minister Andrew Holness, says Jamaica’s business process outsourcing (BPO) industry has recorded a 15 per cent increase in employment, despite the economic fallout resulting from the coronavirus (COVID-19) pandemic.
KINGSTON, Jamaica – Jamaica is predicting revenue of approximately US$1.5 billion from the tourism industry by the end of August as the island rebounds from the impact of the coronavirus (COVID-19) pandemic.
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.
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.
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.
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.
KINGSTON, Jamaica – The Jamaica government says it remains “cautiously optimistic” that the local economy will register significant growth grow this year.
WASHINGTON, D.C. – The World Bank Vice President for the Latin America and the Caribbean, Carlos Felipe Jaramillo, Friday said that the coronavirus (COVID-19) pandemic has hit the Latin American and Caribbean (LAC) region hard and that economies contracted more in 2020 than at any other time in over a century.
ST. JOHN’S, Antigua – Caribbean Community (CARICOM) leaders are expected to meet before the end of July as they seek to adopt a common position on the decision by the G20 Finance Ministers for a minimum global corporate tax rate.