Business

World trade growth slid to 5.5 per cent last year from 8.5 per cent in 2006 and may grow even more slowly in 2008 — at about 4.5 per cent — as sharp economic deceleration in key developed countries is only partly offset by continuing strong growth in emerging economies, according to World Trade Organization …

Wolrd Trade Growth Buoyed by Developing Economies Read More »

About Mark Lee

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

• More Posts(298)

Fewer that 8,000 shares traded on the eastern Securities exchange last week, as well as 10,000 units of Government of Antigua & Barbuda’s 91-day treasury bill. Liste to the details:     About Mark LeeEditor, author and writer with career spanning print, radio, television and new media.More Posts(298)

About Mark Lee

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

• More Posts(298)

Anoop Singh, Director of the Western Hemisphere Department, IMF The International Monetary Fund is reporting a mixed macroeconomic performance  for the Caribbean in 2007. Regional growth averaged 4.75 percent in 2006–07, the fastest pace in more than two decades, the IMF reported . It says this was underpinned by a favorable external environment, private construction, …

Mixed Economic Performance in 2007 but Region Sensitive to Credit Turmoil – IMF Read More »

About Mark Lee

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

• More Posts(298)

The public offer for sale of 1.66 million Cable & Wireless St Kitts & Nevis Limited ordinary shares, trading symbol CWKN, has been oversubscribed, the Eastern Caribbean Securities Exchange (ECSE) reported Friday. The offer, which resulted from an agreement between the Government of St Kitts & Nevis and Cable and Wireless (West Indies) Ltd, attracted …

Cable & Wireless St Kitts & Nevis Limited (CWKN) Share Offer Oversubscribed Read More »

About Abeng News

• Web
|
• More Posts(85)

World economic growth is expected to slow to 3.7 percent in 2008 due to a fallout in the U.S. subprime housing market, according to a report by the International Monetary Fund (IMF). Blaming a deteriorating financial market and the continuing correction in the U.S. housing market, the “World Economic Outlook” indicates the United States will …

IMF Forecasts U.S. Housing Slump to Accelerate Global Financial Slowdown Read More »

About Mark Lee

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

• More Posts(298)

The Government of Antigua and Barbuda 91-day, $17 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$40.6 million, the ECSE reported Monday from Basseterre, St Kitts. Licensed intermediaries placed a total of 23 bids, ranging from $8,000 …

Government of Antigua and Barbuda EC$17M Treasury Bill Oversubscribed Read More »

About Mark Lee

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

• More Posts(298)

Do networks work? Or are they nets in which we get ensnared grasping for an illusive silver thread set by some cunning spider? Canada swears by social networks. They say that’s the way to get jobs and get ahead but the established networks never seem to work for new immigrants and minority groups. The Caribbean …

Snared in the Circle of Spider’s Influence: I’m caught in the net Read More »

About Mark Lee

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

• More Posts(298)

 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 …

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

About Abeng News

• Web
|
• More Posts(85)

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 …

Caribbean Stocks Hold Steady at Week’s End Read More »

About Abeng News

• Web
|
• More Posts(85)

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 …

French Giant Total Moving for Bigger Stake in Caribbean Oil Barrel Read More »

About Mark Lee

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

• More Posts(298)

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 …

Mixing Chocolate and Tourism Read More »

About Mark Lee

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

• More Posts(298)

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 …

Caribbean Stocks Decline Read More »

About Mark Lee

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

• More Posts(298)