Business

St Vincent and the Grenadines $16M Treasury Bill Issue Oversubscribed by $28M

 The Government of St Vincent and the Grenadines 91-day, EC$16-million treasury bill issue, auctioned on the Regional Government Securities Market using the primary market platform of the Eastern Caribbean Securities Exchange (ECSE), was oversubscribed by EC$27.8 million, the ECSE reported Tuesday (March 25). Licensed intermediaries placed a total of 13 bids, ranging from $20,000 to …

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Caribbean Stocks Hold Steady at Week’s End

In last Thursday’s trading session, the last for week before the Easter holiday, the JSE Market Index declined by 883.86 points (0.83%) to close at 105,770.62. The JSE Select Index advanced by 11.45 points (0.39%) to close at 2,986.81. The JSE All Jamaican Composite advanced by 541.69 points (0.50%) to close at 109,203.39. Overall Market …

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French Giant Total Moving for Bigger Stake in Caribbean Oil Barrel

French multinational, Total, the fourth largest publicly-traded integrated oil and gas company is moving to expand its presence in the Caribbean pushing its market share in Puerto Rico to 12 per cent from 2.5 per cent and to 6.5 per cent in Jamaica from the current 2.1 per cent, spokesperson, Elisabeth de Réals, told Abeng …

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Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

Mixing Chocolate and Tourism

A new factory for processing cocoa is being built in St Lucia by luxury chocolate retailer Hotel Chocolat. The British-based company was founded by Angus Thirlwell and Peter Harris in 1993 and has bought a cocoa estate in St Lucia. Once the facility is up and running the cocoa beans will be made into luxury …

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Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

Caribbean Stocks Decline

The Jamaica Stock Exchange Market Index declined by 1,655.99 points or 1.51 per cent, to close at 109,597.70 for the week eding March 14. The JSE Select Index declined by 80.94 points or 2.64 per cent to close at 3,o61.94. All Jamaican Composite declined by 2,603.91 points or 2.33 per cent closing at 111,542.14. Overall …

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Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

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