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Business Beat for September 5

Latest Business News
 
•  ANTIGUA-TRADE-Colombian and Trinidadian cement companies to do battle for market share

ST JOHN’S, Antigua, CMC - Antigua and Barbuda officials are anticipating lower prices for cement after the Colombian cement giant, Cementos Argos,...

•  CARIBBEAN-TRADE-Regional negotiators tight-lipped ahead of talks with Canada

BRIDGETOWN, Barbados, CMC - Trade negotiators representing the Caribbean Community (CARICOM) were Monday tight-lipped ahead of their first round of...

•  BELIZE-FINANCE-CLICO portfolio to be taken over by local company

BELMOPAN, Belize, CMC - The Supreme Court has allowed the portfolio of the local branch of the Colonial Life Insurance Company (CLICO) to be...

•  TRINIDAD-ECONOMY-Central Bank governor not convinced of local recession

By Peter Richards PORT OF SPAIN, Trinidad, CMC - The Governor of the Central Bank of Trinidad and Tobago (CBTT) Ewart Williams on Tuesday insisted...

•  SURINAME-BUSINESS-Alcoa takes over bauxite and alumina operations in Suriname

NEW YORK, CMC - Aluminium producer Alcoa says it has sealed a deal to buy Australia-based BHP Billiton’s bauxite and alumina operations in Suriname.

•  ANTIGUA-FINANCE-British American Insurance placed under judicial management

ST JOHN’S, Antigua, CMC - The local branch of the ailing British American Insurance Company has been placed under judicial management, Prime Minister...

•  BAHAMAS-ECONOMY-IMF says there is room to manoeuvre to cope with economic crisis

WASHINGTON, CMC - The International Monetary Fund (IMF) says the Bahamas’ low debt ratios allow it to cope with the global economic crisis.

•  COMMONWEALTH-BUSINESS-Trinidad PM presses case for greater collaboration with private sector

LONDON, England, CMC - Trinidad and Tobago’s Prime Minister Patrick Manning says it is imperative that government and private sector work more...

•  ECCU-ECONOMY-IMF warns of deepening recession in sub-region

WASHINGTON, CMC - The International Monetary Fund (IMF) has said that the Eastern Caribbean Currency Union (ECCU) has entered a recession and warned...

•  BARBADOS-BUDGET-Prime Minister unveils job-saving scheme

BRIDGETOWN, Barbados, CMC - Prime Minister David Thompson Monday revealed plans for a new employment stabilisation scheme but said domestic taxation...

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