Tag Archives: finance

  1. It’s Here Again This Month! Join Codrington College At Their Farmers’ Market on October 26th!

    Download the Cave Shepherd Card Mobile App and enjoy easy access to your account and more On The Go! Available now in the Google Play and Apple App Stores. In the event that you forgot your CS Online password, kindly select the “Forgot Password” link on the login page or contact our 24 hour Customer […]

    October 19, 2019Agriculture, Photo GalleryNo comments
  2. Antigua and Barbuda’s Prime Minister tells U.S. agencies correspondent banking relations as important to U.S. as to Caribbean

    Antigua and Barbuda’s Prime Minister, Gaston Browne, in a packed two-day visit to Washington, DC has told US agencies that the provision of correspondent banking relations (CBRs) to Caribbean banks by global banks in the US is as important to the US as it is to the Caribbean. US banks have been withdrawing CBRs from […]

    October 17, 2019Breaking News, Featured, PoliticalNo comments

    Once upon a time, Mercedes Benz was thought to be the wheels of rock stars, presidents and kings as it was felt they alone could afford such transport. The executive conveyed to those attending the distinguished soiree how the vehicles have a range of features which keep the drivers safe and yet it’s budgeted so […]

    October 4, 2019Breaking News, Featured, TechnologyNo comments

    CIBC is donating US$150,000 to support humanitarian relief in areas impacted by Hurricane Dorian with a focus on the Northern Bahamas. The funds, which include a donation through CIBC FirstCaribbean’s ComTrust Foundation, will be distributed through the Red Cross. “We stand with all communities impacted by the devastating hurricane in the Bahamas and surrounding areas,” […]

    September 9, 2019BusinessNo comments
  5. Hurricane Dorian: search for many dead loved ones now underway in the Bahamas

    Hurricane Dorian, the most powerful in the Bahama’s history, has officially killed at least 43 people in that CARICOM neighbour. However, there are fears that the number of dead will significantly rise as the US Coast Guard begins to search for bodies in the Bahamas, more from Sky News…

    September 6, 2019Nature, Video GalleryNo comments
  6. CDB allocates almost USD 1 million for immediate Bahamas

    As immediate response to the devastation caused by Hurricane Dorian in The Bahamas, the Caribbean Development Bank (CDB) has allocated almost USD 1 million for the Government of the Bahamas. “We are devastated by the loss of life and infrastructure in Bahamas, hit by the strongest storm ever recorded in the archipelago. The Caribbean Development […]

    September 5, 2019Breaking News, Featured, PoliticalNo comments

    The financial worry of outfitting their children to return to school, next month, has been eased for 100 families. This week, these parents received vouchers, stationery and other items through the Salvation Army’s Back to School Programme. During a short presentation ceremony, the Salvation Army’s Divisional Business Manager, Ms Sherma Evelyn noted that the number […]

    September 2, 2019EducationNo comments

    Five children who are moving from Grazettes Primary School to secondary school, this September, will do so with a helping hand from staff of a local bank while those remaining at the school will benefit from having improved learning facilities. The helping hand was extended by the school’s neighbours at CIBC FirstCaribbean and in particular […]

    August 22, 2019Education1 comment

    THE RIGHTEOUS GEMSTONES, starring Danny McBride, John Goodman, Edi Patterson and Adam Devine, kicks off its nine-episode season with an hour-long episode SUNDAY, AUG. 18 (22hrs AST*), followed by half-hour episodes on subsequent Sundays, exclusively on HBO. The comedy series tells the story of a world-famous televangelist family with a long tradition of deviance, greed […]

    July 1, 2019Cinema, Photo GalleryNo comments
  10. When Founders Leave Their Companies

    In an article published in 2013, author and blogger Mark Manson pointed out the importance of passion in whatever you do. This is especially true for the founders of startups – they have to be passionate enough about their vision of changing the world to work through being hungry, overworked, underslept, and broke for years […]

    June 12, 2019Breaking News, TechnologyNo comments

    Smiles lit up many faces and laughter echoed across the banking halls and offices of regional bank CIBC FirstCaribbean as management toasted its over 3000 employees. From mouth-watering breakfast spreads and tasty lunches served by executives turned ‘chefs‘ for the day to a myriad other fun-filled activities, the bank said a rousing “thank you” to […]

    June 2, 2019EventsNo comments
  12. Fortress funds achieve strong results in first quarter of 2019

    At the end of the first quarter of 2019 the funds managed by Fortress Fund Managers had achieved “consistently strong results“. This follows an encouraging start to the year. The good news was shared with investors in the leading fund manager’s March 2019 quarterly report, released early this month. It comes against the backdrop of […]

    May 15, 2019BusinessNo comments
  13. IFC Provides US$75 Million to Republic Bank to Promote Affordable Housing in Trinidad and Tobago

    IFC, a member of the World Bank Group, approved a loan to Republic Bank for US$75 million to help address Trinidad and Tobago’s affordable housing deficit. IFC’s funding will support Republic Bank’s strategic plans to increase exposure to residential mortgages from 20 percent of its total loan portfolio to 25 percent, helping thousands of middle-income […]

    May 4, 2019PoliticalNo comments
  14. Scotiabank sells its pension business in DR

    Scotiabank announced they completed the previously reported sale of Scotia Crecer AFP and Scotia Seguros, its pension and related insurance businesses in the Dominican Republic , to Grupo Rizek. Grupo Rizek is one of the largest and most prominent diversified business groups in the Dominican Republic with a long-standing reputation in agribusiness and the financial […]

    May 4, 2019BusinessNo comments

    Republic Financial Holdings Limited (RFHL) and its subsidiaries recorded profit attributable to shareholders of the parent of US$117.3 million for the period ended March 31, 2019. This figure was impacted by two significant one-off items, the net impact of which positively increased profits by US$13.9 million. Firstly, the bank in Trinidad and Tobago amended the […]

    May 3, 2019Business, FeaturedNo comments
  16. SOLUTIONS BARBADOS: ‘The End Game – Part 5 of 5, Prepare to Survive’ by Grenville Phillips

    If I were given a choice between accepting US$100M every year for the remainder of my life, or renegotiating the Economic Partnership Agreement (EPA) for the benefit of the next generation of Caribbean people, I would choose renegotiating the EPA without hesitation. A simple trick when negotiating a trade agreement with a weaker economy is […]

    April 25, 2019Editorial, PoliticalNo comments

    Armed with hoes, rakes, forks, shovels and paint brushes, the Senior Leadership Team from CIBC FirstCaribbean recently disembarked special charter buses at the St Elizabeth Primary School in St. Joseph with their mission of refurbishing key areas of the school in order to create a better space for the children’s learning. One hundred and eight […]

    April 22, 2019Agriculture, EducationNo comments
  18. Statement by PM of Barbados, Mia Amor Mottley QC, MP, on passing of Sir Alister McIntyre

    I am deeply saddened to learn of the passing today of one of the Caribbean’s most treasured scholars, Sir Alister McIntyre, a respected economist, educator, administrator and true champion of regional integration. This son of Grenada and son of the Caribbean will forever be remembered fondly as one of the Titans of the post Independence […]

    April 22, 2019Featured, PoliticalNo comments
  19. SOLUTIONS BARBADOS: ‘The End Game – Part 4, Chasing An Illusion’ by Grenville Phillips

    The EPA was negotiated in the worst possible manner, resulting in the worst of all trade agreements for the Caribbean. When I asked why they had signed such a bad agreement, I was told that we had to sacrifice the sunset industries for the sunrise. Suddenly everything made sense – there was a method to […]

    April 19, 2019Editorial, PoliticalNo comments
  20. Canadian West Coast Tourists Screwed? Scotiabank Advises of Consolidation of Holetown Branch into Warrens Branch

    After a recent review of our Branch and Service Delivery network, the operations of the Holetown Branch will be consolidated into the Warrens Branch, with the closure of the Holetown Branch, effective July 19, 2019. This consolidation will result in the transfer of all customer accounts at the Holetown Branch to the Warrens location, effective […]

    April 15, 2019Breaking News, Business, FeaturedNo comments
  21. SOLUTIONS BARBADOS: ‘The End Game, Part 3 – Taking Milk from a Baby’ by Grenville Phillips

    Internationally competitive European industries wanted to legally exploit the developing Caribbean markets. To achieve that aim, their governments wanted to negotiate a trade agreement with the Caribbean. That trade agreement was called the Economic Partnership Agreement. With the benefit of our FTAA preparations in 2002, Barbados and the rest of the Caribbean were well-positioned to […]

    April 11, 2019Editorial, PoliticalNo comments
  22. The #bebrilliant Sidewalk Blitz was #SigniaGloberrific! Hero Of The Day…

    Fun was to be had at SigniaGlobe’s Hastings headquarters in Christ Church on Friday Afternoon at Shirley House diagonally opposite the SocCo Hotel, when pedestrians and motorists had a chance at really cool prizes and an opportunity to meet the Signia Team… The Hero of the Day was the dude who made those Free SigniaGlobe […]

    April 7, 2019Culture, Photo GalleryNo comments
  23. The #bebrilliant Sidewalk Blitz was #SigniaGloberrific! Need a New Vehicle? You may qualify for a Gas Voucher (T’s & C’s Apply)

    Did you know if you’re getting a vehicle this month with SigniaGlobe? Then the purchase includes a Gas Voucher and other discounts (while stocks last)…

    April 7, 2019Business, Photo GalleryNo comments
  24. The #bebrilliant Sidewalk Blitz was #SigniaGloberrific! Snow Cones in SigniaGlobe colours were handed to thirsty motorists…

    People driving through Hastings on Friday got a chance at really cool prizes and an opportunity to meet the Signia Team… Passengers and Pedestrians were treated to either Water Bottles, Umbrellas, Mugs or SigniaGlobe Snow Cones! Free!! Plus if you’re getting a vehicle this month? The purchase includes a Gas Voucher (while stocks last)…

    April 7, 2019Culture, Photo GalleryNo comments
  25. Fortress Fund Managers once again accepting lump sum investments into flagship fund

    Fortress Fund Managers is once again accepting lump sum investments into its flagship Fortress Caribbean Growth Fund. This is good news for investors, especially given the low rate of interest on savings deposits at commercial banks. The leading fund manager, which recently informed its investors by letter of the resumption, is now accepting investments up […]

    March 31, 2019Business, FeaturedNo comments