Search Results for: Caribbean

PFIZER has announced that it will close one of three pharmaceutical plants in the US Caribbean territory of Puerto Rico, while Merck has said it will close two factories on the island. Pfizer’s planned shuttering of its Barceloneta plant by 2017 could affect 500 workers, although the company has not said how many jobs will be lost.…

EVERYTHING about Aneal Maharaj smacks of the immaculate. From his finely-tailored business suit to his Toastmaster style enunciation, to the belief that “sweating the small stuff” is an indispensable attribute of any successful business executive, there is an obvious attention to precision which betrays a professional outlook staked on getting the equations right.…

AN INTERNATIONAL higher education conference has underlined the major progress made in building links between the universities of neighbouring countries in Latin America. But it also highlighted the significant remaining challenges facing Latin American higher education if it wants to be truly integrated with tertiary institutions worldwide.…

The Caribbean island state of Antigua & Barbuda has needed to demonstrate its thriving online gaming sector is protected against money laundering, to gather diplomatic support for its campaign against US bans on Americans gambling on its websites.

Faced with evidence that criminals can exploit the sector to transfer dirty cash between players’ accounts, before investing it in assets such as shares or real estate, Antigua in 1994 became one of the first countries to provide licences for online gambling operators.…

A widely-quoted truism that gained currency during the global financial crisis was American financier Warren Buffett’s dictum: “Only when the tide goes out do you discover who’s been swimming naked”.

And this might perhaps be most true of a financial collapse that rocked the English Caribbean, that of Trinidad & Tobago-based CL Financial Limited and various associated companies, and also of the Hindu Credit Union Co-operative Society Limited.…

THE NEW terminal at the principal international airport in the Argentine capital of Buenos Aires, Ministro Pistarini International, was inaugurated in March, increasing its total capacity to 13 million passengers – last year (2012) it struggled to accommodate 8.8 million passengers.…

THE NEW terminal at the principal international airport in the Argentine capital of Buenos Aires, Ministro Pistarini International, was inaugurated in March, increasing its total capacity to 13 million passengers – last year (2012) it struggled to accommodate 8.8 million passengers.…

THERE was much fanfare in Managua in June when Nicaraguan officials granted a concession to build a USD40 billion canal, which would challenge the great Panama Canal. The unlikely builder: a Chinese businessman, Wang Jing, chairman of China-based Xinwei Telecom Enterprise Group and president of the newly established Hong Kong Nicaragua Canal Development Investment Co.…

Venezuela’s tobacco growers and manufacturers are looking to newly elected president Nicolás Maduro to offer them an olive branch after his predecessor Hugo Chávez levied costly taxes and imposed punishing legislation on the industry.

“We’re hoping for change,” said Enrique Moreno, President of the Venezuelan Tobacco Growers Association (AVENCULTA).”We…

The privatisation and expansion of the Brazilian airport sector has proved to be a significant opportunity for the American civil aviation sector, which has been vying for opportunities in Brazil’s air navigation, airport and airport-related services. These opportunities are set to increase with the United States Trade and Development Agency’s (USTDA) having brokered a US-Brazil Aviation Partnership, signed last April and now being rolled out in earnest.…