Monday, December 9, 2019

‘Disappointing progress’ on new flight path for LIAT – CDB

The Caribbean Development Bank (CDB) has weighed in on the slow pace of restructuring of regional airline LIAT, which is owned by Barbados and...

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...

Sandals responds to tax fraud claims

Sandals Resorts has issued the following statement in response to reports that it had been hit with a massive lawsuit over claims the company...

Grenada becomes fifth shareholder government in LIAT

Grenada has become the latest shareholder government of the cash-strapped regional airline, LIAT, saying that the island stands to benefit from the decision to...

Scotiabank obligation for decades of profits

By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organisation of American States.  He is also a Senior...

Grenada to make financial contribution to LIAT

The Grenada government Tuesday said it would be making a “cash contribution” to the cash-strapped Antigua-based regional airline, LIAT, less than a week after...

LIAT shareholders, directors to meet in Barbados

The shareholder governments of the financially strapped regional airline, LIAT, will meet in Barbados at month end amid concerns of a worsening money problem...

CCJ orders CLICO to pay more than EC$1.4 million to Dominican brothers

The Caribbean Court of Justice (CCJ) Thursday ordered the CLICO International Life Insurance Limited (CLICO) to pay more than EC$1.4 million to two Dominican...

Gov’t looking to establish medical hotel

Government says it has “verbally” agreed to the broad terms of a Memorandum of Understanding (MOU) that would result in the construction of a...

CIBC and GNB Financial Group reach agreement for purchase of shares in FirstCaribbean

CIBC has announced that they have reached agreement on the purchase of a portion of CIBC’s shares in its Caribbean entity, FirstCaribbean International Bank...