Scotiabank defends decision to exit some markets in the Caribbean

2018-11-30T23:59:41+00:00

PORT OF SPAIN, Trinidad (CMC) – Scotiabank Wednesday defended its decision to exit some markets in the region even as it insisted that the “Caribbean is very important” to its overall operations. “We are just re-focusing on the markets with size and scale… (and) even after this transaction we will

Scotiabank defends decision to exit some markets in the Caribbean2018-11-30T23:59:41+00:00

KPH stages free health fair Saturday

2018-11-30T23:56:22+00:00

KINGSTON, Jamaica — Kingston Public Hospital (KPH) will be hosting its second free Health Fair on Saturday, December 1 from at 9:30 am to 4:00 pm. The fair, which will take place at the hospital's Out-Patient Department North, is in collaboration with the Insurance Association of Jamaica and the Jamaica Medical Foundation.

KPH stages free health fair Saturday2018-11-30T23:56:22+00:00

Don’t Be Intimidated!

2018-11-30T14:47:53+00:00

RADCLIFFE Lewis, the tough-talking former Senior Superintendent of Police in charge of the Traffic Division, says the Government should not be intimidated by recent protests against the new Road Traffic Act. “It's a country's responsibility to protect its citizens, especially from road hogs. I'm in total support of the new

Don’t Be Intimidated!2018-11-30T14:47:53+00:00

Wisynco targeting sevenfold export growth through partnerships

2018-11-30T14:45:06+00:00

Wisynco sells $24 billion worth of products annually, but just a fraction comes from markets overseas. But now that the manufacturing and distribution conglomerate has added new production and storage capacity and has wrapped up its expansion and post-fire consolidation programme, Wisynco has set itself the goal of growing exports

Wisynco targeting sevenfold export growth through partnerships2018-11-30T14:45:06+00:00

Bolt is now a real estate investor

2018-11-30T14:28:32+00:00

It's been one of the worst-kept secrets in Kingston that sport celebrity Usain Bolt is associated with a large building under development on Half-Way Tree Road. It now appears that this project may start of the roll-out of more real estate investments into which the Olympian and World champion is

Bolt is now a real estate investor2018-11-30T14:28:32+00:00

Sagicor Financial profit projected to jump 50% on Scotia Life acquisition

2018-11-30T14:23:07+00:00

The acquisition of Scotiabank's life insurance businesses in Jamaica and Trinidad & Tobago are projected to increase profit by 50 per cent for Sagicor Financial Corporation, SFC, Canadian filings indicate. The prospective owner of Sagicor Financial, Alignvest of Canada, is also telegraphing that there are more deals to be made.

Sagicor Financial profit projected to jump 50% on Scotia Life acquisition2018-11-30T14:23:07+00:00

Alternative proposals to Road Traffic Act amendments to be reviewed

2018-11-29T17:29:44+00:00

KINGSTON, Jamaica — A technical team from the Ministry of Transport and Mining is to review alternative proposals to amendments in the Road Traffic Act, following a meeting with the Transport Operators Development Sustainable Services (TODSS) and the Jamaica Association of Transport Owners and Operators (JATOO). The ministry, in

Alternative proposals to Road Traffic Act amendments to be reviewed2018-11-29T17:29:44+00:00

Fed rate hikes aren’t automatic – Powell

2018-11-29T17:22:06+00:00

United States Federal Reserve Chairman Jerome Powell cast a bright picture of the US economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Powell's comments ignited a rally on Wall Street,

Fed rate hikes aren’t automatic – Powell2018-11-29T17:22:06+00:00

Pension crisis at NWC, utility company unable to pay $19.5B

2018-11-29T17:17:48+00:00

Livern Barrett, Parliamentary Reporter The National Water Commission (NWC) is reporting that it is unable to pay pension liabilities totalling $19.5 billion. As a result, President of the NWC, Mark Barnett, who made the disclosure today, says the utility company is now undertaking "comprehensive" pension reforms. And he warned that

Pension crisis at NWC, utility company unable to pay $19.5B2018-11-29T17:17:48+00:00

Regional unions oppose Scotiabank’s restructuring

2018-11-28T14:33:04+00:00

A group of regional union leaders, led by Jamaica's Bustamante Industrial Trade Union (BITU), vowed yesterday to challenge Scotiabank's transitional programme across the region. Six visiting trade unionists, who arrived in Jamaica over the weekend to join the BITU's response to Scotiabank's plans to transition three local service units to

Regional unions oppose Scotiabank’s restructuring2018-11-28T14:33:04+00:00
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