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 […]
By Gerald V. Paul; “Local businesses need to cluster together, work together and mentor together to grow themselves from the roots up, and this organization has the ability to do it,” Ontario Economic Development Minister Brad Duguid told a gathering of 200 people recently at the Scarborough Business Association (SBA). Speaking at the Toronto Pan […]
By Claudette de la Haye The North American International Auto Show has an economic impact of US$402 million in Detroit with over UD$5 million raised for charity – the largest fundraiser in the world. This event is equivalent to the city having its own SuperBowl. Activities started swiftly with awards for Car and Truck of […]
OTTAWA – Canada’s Scotiabank has announced plans to shut or shrink 120 branches, largely in Mexico and the Caribbean, in a bid to save $120 million annually. The bank said it would close 35 of its 200 branches in the Caribbean and would sever 1, 500 full-time employees, including 500 from its international operations. “In […]
Mayor Rob Ford gets some special thanks from Scotiabank Caribbean Carnival. Feathered and sequined revelers joined politicians at the launch of Scotiabank Caribbean Carnival. By Gerald V. Paul Government money was flying about at the official launch Tuesday of Scotiabank Caribbean Carnival. But while Toronto Councillor Joe Mihevc told The Camera at the launch at […]
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 […]
The training shoes used by the world’s fastest man, Usain Bolt at the 2013 World Championship Games in Moscow, will be auctioned in New York City, June 6. The shoes, which were handcrafted by Puma, will start at a bid set at US$18,000 at the Caribbean Tourism Organization (CTO) Education Foundation auction. With a bounce […]
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 […]
