05222012Headline:

Venezuela moves forward with oil nationalisation

Venezuela’s state oil company said Tuesday that it has taken control of 90 per cent of oil contractors on western Lake Maracaibo as it aims to reduce costs due to falling crude prices.President Hugo Chavez announced last week that Venezuela… Excerpt [...]

Montego Bay says, Ship ahoy!

A wave of new cruise ship bookings has spurred Transport and Works Minister Mike Henry to praise the Port Authority of Jamaica for expanding the sea-based market. The ministry has credited the influx to a number of high-level cruise company [...]

Janice Robinson-Longmore – An investment banker solving tough problems

Janice Robinson-Longmore, vice-president, funds administration of First Global Financial Services (FGFS) since September 1, 2006, is a chartered financial analyst with over fifteen years of knowledge and experience … View original post [...]

CLICO Guyana gets US$15mlifeline from petroleum fund

Guyana is to get a US$15-million drawdown from the Caribbean Petroleum Fund (CPF) that President Bharrat Jagdeo says will be used to shore up policyholders of Colonial Life Insurance Company (CLICO). Jagdeo said he lobbied regional leaders during [...]

No takers for Marubeni bond offer

MaruEnergy Trinidad’s (MET) offer to buy back its outstanding 7.017 per cent notes seven years before maturity was not taken up by bondholders. The offer closed May 7 “with no notes validly tendered and accepted for purchase by [...]
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