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Tag Archives: investment

  1. Fortress funds post “healthy returns” in second quarter of 2021

    The funds managed by Fortress Fund Managers (FFM) have posted “healthy returns” in the second quarter of this year. This adds to “even healthier year-to-date gains” in most of its equity portfolios. The good news from the leading fund manager comes as it updated investors recently in its June 2021 Quarterly Report. The report’s introduction […]

    August 6, 2021BusinessNo comments
  2. ibex Takes Firm Hold of BPO Industry Leadership in Jamaica – Opens its Fifth Site in Five Years

    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. “The […]

    August 4, 2021BusinessNo comments
  3. Young Innovators Call for Mindset Shift and Practical Action to Support Innovation in the Caribbean

    Be bold. Don’t fear failure. Think differently about education. These were some of the key messages coming from the panel of young global and regional innovators and entrepreneurs in the final seminar of the Caribbean Development Bank’s recently ended 51st Annual Meeting of its Board of Governors. In the discussion, panellists homed in on the […]

    July 25, 2021TechnologyNo comments
  4. Fortress funds achieve ‘substantial recovery’ after turbulent 2020 for financial markets

    Fortress Fund Managers has recorded “substantial recovery” across its funds since the decline in financial markets in early 2020 prompted by the COVID-19 pandemic. And the leading fund manager believes that there are still “great long term investments to make”. In the first quarter of 2021 the fund manager reported that this recovery could be […]

    May 12, 2021BusinessNo comments
  5. PANDEMIC OF PERFORMANCE: A TRANSFORMATIVE INITIATIVE THROUGH INNOVATION & CREATIVITY

    ReThink in collaboration with the University for Peace established by the General Assembly of the United Nations, will host a series of entrepreneurial, branding and inspirational webinars from April 21st through May 12th 2021, titled “Pandemic of Performance“, a regional initiative aimed at providing broad based support to those individuals and small businesses most affected […]

    April 16, 2021Breaking News, Education, FeaturedNo comments
  6. CDB supports sweet potato value chain project

    Enhancing food security and agricultural productivity are at the root of a new project, which seeks to improve the production, processing and marketing of sweet potato in the Caribbean Region. A US$600,000-grant from the Caribbean Development Bank (CDB) to the Caribbean Agricultural Research and Development Institute (CARDI) will fund the research and capacity building initiative. […]

    April 2, 2021Agriculture, FeaturedNo comments
  7. DR Central Bank: Year could end with 5-6% GDP growth

    Less tax revenues and more social spending during the Covid-19 pandemic have led to an increase in borrowing and consequentially in the national debt. The consolidated public debt closed in 2020 at about US$53 billion. Yet, the Dominican Republic’s Central Bank is bullish, their Dominican economy is gradually yet firmly recovering. The Central Bank released […]

    March 10, 2021Business, FeaturedNo comments
  8. Strong Performance for Fortress Funds in fourth quarter of 2020

    Fortress Fund Managers posted one of its strongest-ever performances in the fourth quarter of 2020 as world equity markets continued their recovery from a turbulent year, reminding investors that a focus on the long-term and diversification remain essential. The leading fund manager reported that its global equity investments led the way during the quarter, with […]

    January 31, 2021BusinessNo comments
  9. Sustainable recovery underway despite challenging year, Fortress reports

    In a year described as “challenging” and “volatile” with “mixed returns” in some funds, Fortress Fund Managers (FFM) has generated solid returns for investors. Investment Director Roger Cave made this assessment in the leading fund manager’s 2020 Annual Reports for the Fortress Caribbean High Interest Fund, the Fortress Caribbean Growth Fund, and the Fortress Caribbean […]

    December 23, 2020BusinessNo comments
  10. Standard International Group Advises on $193M in Financing for St. Maarten’s Princess Juliana International Airport Terminal Reconstruction

    Standard International Group, a leading New York City-based boutique financial advisory firm with a focus on revitalizing critical infrastructure projects across the U.S. Municipal, Caribbean, and West Africa, announced the completion of $193M in financing for St. Maarten’s Princess Juliana International Airport (PJIAE) Terminal Reconstruction. André Wright, Executive Vice President of Standard International Group, made […]

    December 12, 2020TravelNo comments
  11. CIF denies any connection to Likud Party: why reach out to Region?

    “Israel has been slow to admit Ethiopians whose ancestors converted to Christianity, not seeing them as fully Jewish even if they practice Judaism.” – Israel Accepts Ethiopians of Jewish Descent, but Fewer Than Promised, New York Times 13/10/2020 Relations between Tel Aviv and Addis Ababa could be smoother and the path has been made rockier […]

    November 23, 2020Breaking News, Featured, PoliticalNo comments
  12. Fortress funds post “healthy returns” in second quarter

    The recently concluded second quarter produced healthy returns for funds managed by leading fund manager, Fortress Fund Managers. This comes after a difficult start to the year in financial markets. And even as the fund manager noted that this was a time for optimism, it has reminded long-term investors that now was also time for […]

    August 2, 2020BusinessNo comments
  13. We Gatherin’ 2020 Creates Closer Connections With Our Diaspora

    Project Coordinator for We Gatherin’ 2020, Selma Green explains how We Gatherin’ celebrations creates closer connections between Barbadians at home and Barbadians in the diaspora. For more information visit wegatherinbarbados.com or contact the We Gatherin Project Implementation Unit at 1 (246) 535-7532 or email KimC.Butcher@barbados.gov.bb

    January 7, 2020Culture, Video GalleryNo comments
  14. BGIS In Focus – “We Gatherin'” Fuh Wuh?

    Guests are: Selma Green – Dep. Perm. Scty./ We Gatherin’ Coordinator Kim Butcher – Project Officer – Vision 2020 Project Implementation Unit Danny Babb – Chairman – St. Lucy Parish Organisation Committee Moderator – Sharifa Medford For more information about We Gatherin’ and Vision 2020 visit https://www.wegatherinbarbados.com/ Call – 535-7532 or Email – KimC.Butcher@barbados.gov.bb

    December 31, 2019Culture, Video GalleryNo comments
  15. Fortress Fund Managers reports 2019 a good year for investors so far

    A leading fund manager, Fortress Fund Managers, is reporting that 2019 has been a good year for investors so far, with its equity investments holding steady and bonds showing some gains at the end of its third quarter, in spite of “a noisy summer” in the investment world which pushed markets “alternately up and down”. […]

    November 19, 2019BusinessNo comments
  16. 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
  17. RFHL RECORDS US$117.3 MILLION IN HALF YEAR PROFITS

    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
  18. Pavel Belogour Is Expanding His Range of Influence

    As the founder of BMFN and an experienced FX trader, Paul Belogour knows the value of the right connections. Mr. Belogour is not just an avid philanthropist and prolific businessman, he is one of the faces of BMFN. He spearheads the company’s expansion campaign across the globe one integration deal or business dinner at a […]

    April 16, 2019Business, FeaturedNo comments
  19. CIBC FIRST CARIBBEAN PARTNERS WITH UWI FOR INTERNATIONAL WOMEN’S DAY LECTURE

    Issues of gender parity in relation to growth and development will come under the spotlight during a distinguished lecture on March 22nd, 2019. The lecture, one of the signature activities hosted by the University of the West Indies, Cave Hill Campus in observance of International Women’s Day during the month of March, will be delivered […]

    March 21, 2019EventsNo comments
  20. Fortress Fund Managers sees better opportunities for investors ahead

    Fortress Fund Managers is positive about opportunities and growth for its investments in 2019 after an “unusually weak” 2018 and is encouraging investors to ‘get on board‘. In his update on the performance of Fortress’ funds, Chief Investment Officer, Fortress Advisory & Investment Services, Peter Arender said: “The year 2018 was an unusually weak one […]

    March 10, 2019EducationNo comments
  21. COMMERCIAL BANKS MAY BE DRIVING CLIENTS TO PRIVATE INVESTMENT FIRMS

    A local investment bureau has seen a rise in subscribers after the decision by commercial banks to reduce interest on personal savings accounts… Ms Nunes says the change in financial habits has been noticeable for the last 24 months; – Meanwhile Royal Fidelity has not actively sought an audience with the Mia Mottley Government on […]

    September 24, 2018Breaking News, Business, FeaturedNo comments
  22. Leading fund manager advises Barbadians to continue going after attractively valued investments

    Fortress Fund Managers is advising Barbadians to be selective and continue to pursue attractively valued investments in the current economic climate. This advice was given today during the 8th Annual Fortress Investment Forum at the Frank Collymore Hall which focused on insightful regional and global investment updates, as well as the performance and outlook for […]

    April 2, 2018BusinessNo comments
  23. Medici Ventures Exercises Option for Additional $3 Million Investment in Bitt.com

    Medici Ventures, announces the exercise of an option to purchase additional ownership interest in Bitt.com, the Caribbean’s blockchain-based digital payment provider. Medici Ventures will increase its ownership stake in Bitt’s total Class A and B common shares by 8.6% in exchange for $3M in additional funding. Bitt is a Barbados-based financial technology company founded in […]

    March 12, 2018Breaking News, Business, FeaturedNo comments
  24. Fortress Fund Managers looks to continue growth in 2018 after strong 2017

    After a strong finish to 2017, Barbados-based Fortress Fund Managers is forecasting a positive 2018 for its range of investments, despite the challenges to the local economy. The company manages more than BBD $650 million across 13 different funds with regional and global investments and Peter Arender, chief investment officer of Fortress Advisory & Investment […]

    January 22, 2018BusinessNo comments
  25. IMPORTANCE OF LOCAL DIRECT INVESTMENT TO BE DISCUSSED AT BHTA’s FOURTH QUARTERLY

    THE Barbados Hotel and Tourism Association’s (BHTA) Fourth Quarterly General Meeting next Wednesday, December 13, will focus on the Importance of Local Direct Investment in the tourism industry. The C & W Business sponsored meeting gets underway at 10 a.m., at the Lloyd Erskine Sandiford Centre and will see each panelist give an introductory presentation […]

    December 10, 2017Photo Gallery, TravelNo comments