Kingston, Jamaica – Jamaica’s long-anticipated logistics hub dream seems to be one step closer to becoming a reality. Designated Free Zone administrator and operator Masada Jamaica Limited has entered a concessionary agreement with lubricant blender Gulfray America’s Manufacturing Limited for development and management of the Spanish Town Free Zone to the tune of US$350 million. […]
BELMOPAN, Belize – In a historic ruling, the Caribbean Court of Justice (CCJ) ordered the Belize government to pay members of the Maya community compensation for breaching their constitutional rights. A fund of BZ$300,000 (US$150,375) is to be set up as a result of the order. The CCJ ruling was in favour of 25 members […]
KINGSTON, Jamaica – The World Bank has named Jamaica one of the most improved economies in which to do business globally in the newly released Doing Business Report 2016 (DBR 2016). The report, which looks at countries’ performance in 11 areas of business regulation, has also ranked Jamaica 64 out of 189 countries in the […]
Ruben Becerra of Karisma Hotels and Resorts announces project to add 4,000 rooms and 8,000 jobs. KINGSTON, Jamaica – Karisma Hotels and Resorts announced it is investing more than US$900 million in a mega hotel project in St. Ann that will, over a decade, add 4,000 rooms to Jamaica’s tourism sector and provide at least […]
Hunter pumped to tackle – New Ontario pension plan By Gerald V. Paul Queen’s Park – “Government must be a force for good in people’s lives” newly minted Associate Minister of Finance Mitzie Hunter said Tuesday as she firmly took responsibility for creating the Ontario Retirement Pension Fund Plan. The Scarborough-Guildwood MPP, an MBA from […]
Symposium builds on investment links By Jasminee Sahoye An investment symposium is scheduled for October in Toronto to connect Caribbean business leaders with Canadian investors and lenders. Caribbean Investment Symposium is the first of its kind to be organized by the Caribbean Tourism Organization (CTO), celebrating the region’s vibrancy and diversity. The symposium is aimed […]
One – cent Magenta Stamp The 1856 British Guiana One-Cent Magenta sets new record for most expensive stamp sold at auction The only surviving example of a legendary stamp that sold for one cent in 1856 has gone under the hammer for $9.5m (£5.6m), setting a new record for the most expensive stamp sold at […]
NEGOTIATING THE FRANCHISE AGREEMENT. You’ve decided to buy a franchise. You’ve found a franchisor you’re eager to work with. What comes next? It’s now time to negotiate a franchise agreement which will govern your relationship going forward. This is a critically important step which will take time and effort to do properly. Remember, as a […]
Before you commit yourself, here are some items that you should consider 1. What is a franchise? A franchise involves a franchisee and a franchisor. The franchisor is the company that owns the franchise’s brand. The franchisee is the individual location owner. The franchisor is typically responsible for marketing the brand, developing the overall business […]
NATURAL CAPITAL CONSIDERATION AND THE PARADIGM SHIFT TO NCC FROM PAY & GCT Written by: Claudette de la Haye, Detroit, MI USA, Founder, Caribbean Financial Network News. The EnvironmentalistAugmentsvsBusiness, Investors and Shareholders. Commentary: The need to do business and have transparency the right way is ever more apparent. If you can’t trust business then, who […]
