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Business Beat for September 5

Latest Business News
 
•  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...

•  GUYANA-TELECOMS-Rival firms agree deal to allow customers to text across networks

GEORGETOWN, Guyana, CMC – Rival mobile phone service providers, Digicel and the Guyana Telephone and Telegraph Company (GT&T), have agreed on a...

•  JAMAICA-BAUXITE-ALPART shuts down temporarily as Jamaica moves to save bauxite industry

KINGSTON, Jamaica, CMC - Jamaica's largest bauxite and alumina producing company, Alumina Partners of Jamaica (ALPART) Friday announced a temporary...

•  BARBADOS-CLICO-ICB no longer interested in CLICO

BRIDGETOWN, Barbados, CMC - The Insurance Corporation of Barbados Limited (ICBL) is no longer interested in taking over the life insurance business...

•  SURINAME-BUSINESS-Alcoa taking over BHP-Billiton interests in Suriname

PARAMARIBO, Suriname, CMC - The United States-based Alcoa World Alumina LLC, through its Surinamese subsidiary Suralco LLC, is to take over the...

•  BERMUDA-FINANCE-Current account surplus drops to lowest level in three years

HAMILTON, Bermuda, CMC - Bermuda's current account surplus fell by more than halve over the fourth quarter of 2008, tumbling to its lowest level in...

•  ANTIGUA-ECONOMY-Government not contemplating public sector job cuts at this time

ST. JOHN’S, Antigua, CMC – Finance and Economy Minister Harold Lovell says the Antigua and Barbuda government is not considering public sector job...

•  TRINIDAD-CLICO-Trinidad government to pump billions into CL Financial rescue plan

PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago government is likely to spend an estimated TT$5 billion (US$833 million) over the next two...

•  LEAD-JAMAICA-BUDGET-Finance Minister announces gasoline tax among new measures

By Kathy Barrett KINGSTON, Jamaica, CMC - Jamaicans are to pay more for fuel following Thursday’s announcement of a tax on gasoline and other...

•  MONTSERRAT-BUDGET-Chief Minister presents new budget

BRADES, Montserrat, CMC - Chief Minister Dr. Lowell Lewis has unveiled an EC$138 million (US$51.6 million) budget, saying he was very mindful of the...

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