Bank run on RBC in Caribbean over fees

BASSETERRE, St. Kitts – The exodus of customers from the Royal Bank of Canada (RBC) in St. Kitts continues. Last Friday, customers intent on closing their accounts over an impending $25 monthly charge on accounts, filled the bank’s downtown location, the line extending outside and around the corner. Customers in St. Vincent also made a […]

Almost US$2 billion needed to end poor housing in Caribbean

WASHINGTON, United States – Approximately US$1.8 billion would be needed to end poor housing conditions currently endured by 1 million residents in The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago, according to a new Inter-American Development Bank report, The State of Housing in Six Caribbean Countries. The report, which analyzed the implementation of […]

The Panama Canal and the Caribbean

In June of this year], significantly larger ships will be able to pass via an enlarged Panama Canal between the Pacific Ocean and the Caribbean Sea. Together with other infrastructural developments this is leading some Caribbean governments to hope that with the support of investors from outside the region, Panama’s development as a hub for […]

Elissa healing in Toronto thanks to donors

Elissa healing in Toronto thanks to donors

Thanks to the generosity of strangers and a caring family and friends, Elissa Antonio is in a Toronto hospital healing and doing well, relatives said, after she accidently fell off a cliff in Trinidad and Tobago. To give Antonio, 40, time to recover in peace, the family asked that the hospital not be identified after […]

Bahamas bishop named in Panama Papers

Bahamas bishop named in Panama Papers

NASSAU, Bahamas – A Bahamian bishop named in a tax haven controversy involving British Prime Minister David Cameron’s father, allegedly helped to establish an offshore fund in The Bahamas to enable Cameron’s father avoid paying taxes in the U.K., according to international reports. The reports came after 11 million documents were leaked from Panamanian law […]

Income tax break for 68,000 Guyanese

  GEORGETOWN, Guyana – More than 68,000 workers will be removed from the income tax roll as a result of an amendment to the Income Tax Act that will see the income tax threshold increased to GUY$660,000 (US$3,248) from GUY$600,000 (US$2,952). That was among the measures outlined by Minister of Finance Winston Jordan as he […]

Sam Lord’s Castle to rise again

Sam Lord’s Castle to rise again

BRIDGETOWN, Barbados – The redevelopment of the nearly 200-year-old Sam Lord’s Castle into a hotel managed by the world’s largest hotel company will bring with it 3,000 local jobs, Prime Minister Freundel Stuart says. Addressing the groundbreaking ceremony at the 57-acre site in the eastern parish of St. Philip, he said the new Sam Lord’s […]

Rihanna opens beauty biz, photo agency

Rihanna opens beauty biz, photo agency

LOS ANGELES, California – Barbados’ pop princess Rihanna, long considered one of the hardest working artists in the business, added another string to her bow with the opening of two new agencies: a beauty and stylist agency called Fr8me, and the photo agency A Dog Ate My Homework. Taking her love of fashion, hair and […]