Friday, October 18, 2019

New policy regarding sale of assets of international banks operating in Antigua

The Antigua and Barbuda government has adopted a policy whereby any international bank deciding to leave the island will have to make “first offer...

LIAT says there are challenges but it will continue flying

LIAT will continue operating across the region despite the challenges the airline is facing,  Chief Executive Officer Julie Reifer-Jones said. Reifer-Jones said LIAT is in...

LIAT may be on the verge of collapse, again

Regional cash-strapped airline LIAT may be on the verge of collapse, again. With negotiations between majority shareholder Barbados and Antigua and Barbuda having completely broken...

Government urges ECAB to purchase ScotiaBank Antigua’s assets

The Eastern Caribbean Amalgamated Bank (ECAB) is being encouraged to purchase Scotiabank assets in Antigua & Barbuda as the government believes that Scotiabank will...

LIAT needs new shareholders – Gonsalves

One shareholder government in the cash-strapped regional airline, LIAT, has no confidence that the regional private sector will be willing to pump any money...

RBC downplays reports of leaving Caribbean, Antigua responds

The Royal Bank of Canada (RBC) has sought to downplay reports of its impending departure from the Caribbean, saying that such rumours have been...

Government says Digicel to withdraw lawsuit

The Antigua and Barbuda government says the Irish-owned telecommunication company, Digicel, has agreed to withdraw a lawsuit objecting to the plan to share the...

Government slams hardened position adopted by Scotiabank over sale of branch in Antigua

Prime Minister Gaston Browne says “there appears to be miscommunication” between the Trinidad-based Republic Financial Holdings Limited (RFH) and Scotiabank regarding the RHF’s interest...

Local business receives prestigious International Business Award

Sutherland Coaching and Consulting    was named the winner of a Bronze Stevie® Award in the Startup of the Year – Business Services Industries category...

LIAT sale ‘may not hurt economy’ – Barbados Central Bank

Barbados Central Bank Governor Cleviston Haynes is not predicting any harm to the economy should Barbados give up its majority shareholding in regional airline...