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Thousands of Jamaican sugar workers threaten industrial action

on-strike-jaKINGSTON, Jamaica, Monday March 10, 2014, CMC – More than 4,000 thousand sugar workers have threatened to take industrial action following weeks of failed negotiations involving their unions and the Sugar Producers Federation (SPF) for improved wage and fringe benefits.

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LIAT to axe unprofitable routes as part of financial shakeup

vex-badBRIDGETOWN, Barbados, Friday March 7, 2014, CMC – The regional airline, LIAT, says it will take “decisive action” to deal with unprofitable routes as the Antigua-based airline seeks to make its operations financially variable.

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Jamaica secures IDB funds to assist in regulating ICT sector

ja-moneyKINGSTON, Jamaica, Thursday March 6, 2014, CMC – Jamaica says it has secured US$300,000 from the Inter-American Development Bank (UIDB) for the recruitment of a consultant as the island moves towards establishing a single regulator for its information and communications technology (ICT) sector.

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Japan provides US$2.9 million grant to Guyana for private sector investments

some-storyGEORGETOWN, Guyana, Thursday March 6, 2014, CMC – Japan is providing an US$2.9 million grant to Guyana that will allow the Caribbean Community (CARICOM) country to make funds available to the private sector at low interest rates.

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UPDATE 2-Bank of England suspends official amid FX probe

moneymoney(Reuters) - The Bank of England suspended a staff member on Wednesday as part of an internal investigation into what it knew about alleged manipulation of world currency markets.

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