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St. Vincent: Young Island Retains …….

St. Vincent: Young Island Retains …….

Private, romantic Young Island Resort in St. Vincent and the Grenadines has retained hospitality marketing specialists MP&A Digital & Advertising as its agency of record. The full-service marketing agency is charged...

Bolt to launch fifteen restaurants in UK

Bolt to launch fifteen restaurants in UK

Usain Bolt is set to open 15 restaurants in the UK serving classic Jamaican dishes and “burgers à la Usain”.

Adam Stewart Receives Jamaican National …

Adam Stewart Receives Jamaican National Award for Contribution to Tourism

Adam Stewart (right) Deputy Chairman and Chief Executive Officer of Sandals Resorts International receives the Order of Distinction (Commander class), for his outstanding service to tourism and the hotel sector...

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Soca Music's Jade Lopez Resurfaces with …

Soca Music's Jade Lopez Resurfaces with Major Motivational Triumph

Persistence is a hell of a thing. One entertainer’s undying passion and his heritage have fueled what will likely be a long and prosperous career in music. Trinidad and Tobago’s Jade...

Ricky T and Jah Cure team up for “Freaky…

Ricky T and Jah Cure team up for “Freaky Girls” remix

It has been more than a year now that “Freaky Girls” from Saint Lucia’s Ricky T has dominated fetes, events and airwaves in all corners of the globe including the...

Nassy represents for Tobago Tourism with…

Nassy represents for Tobago Tourism with latest track

The brand new musical offering by budding artiste Nassy entitled “D Tourist” has become the latest viral sensation to come out of the twin island republic of Trinidad & Tobago....

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The economic climate has forced one this country's leading media entity to sever ties with some members of staff today Thursday December 30th 2010.


Governor of the Central Bank of Trinidad and Tobago, Ewart Williams, has warned of a lack of confidence in the local economy.

Williams has also warned that the financial problems surrounding the troubled Colonial life Insurance Company (CLICO) would also affect the local economy and is urging the seven-month-old Kamla Persad Bissessar government to “come up with a plausible solution because we all stand to lose”.

Thousands of CLICO policyholders in the Bahamas whose policies went into limbo when the local arm of the insurance company folded up last year could expect some resolution in the matter before the end of the year.

Minister of State for Finance, Zhivargo Laing, says much work is still being done to assist policyholders.

Bermuda could be facing serious financial cuts due to poor Government revenue according to the Bermuda Democratic Alliance (BDA).

Premier and Finance Minister Paula Cox told the House of Assembly, Government received $446 million in revenue during the first half of the 2010/2011 fiscal year.

BDA Finance spokesman Michael Fahy said he believed this meant Government was 15.7 percent behind initial predictions and could be facing a $166 million shortfall if the trend continued.

But last night Ms. Cox said such a statement was “erroneous” and did not take into account that taxes are not paid evenly year round.

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