Jun 2010 Financial News

• 29RBC moves up ranks with US$75b in market capitalisation
• 29T&T maintains stable credit rating
• 25Cabinet to get CLICO, CAL reports soon
• 25Customers spur bank competition online
• 25So far so good, IMF praises Jamaica
• 25Gov't 'guardedly optimistic' Jamaica will pass second IMF test
• 25Sagicor Jamaica performs well despite tough environment
• 25Nigel Holness appointed Managing Director for FirstCaribbean (Jamaica)
• 25Regional tourism officials still concerned about impact of APD
• 25G20 leaders facing worries about rising deficits
• 25Formula created for tea shares
• 25One Caribbean Media Limited – Resignation of Group CEO
• 24'Dudus' leaves Jamaica
• 24UK airline tax threatens tourist industry ... again
• 24Farrell quits as OCM CEO
• 23Sagicor Financial Corporation – Appointment of Director
• 23RBC launches new products focused on savings
• 23RBTT adds $1.2m to fight children’s cancer
• 23CL Financial chairman resigns
• 23Govt asks Clico to stop issuing new policies in Dominica
• 23Mora Ven Holdings declares $463,530 post-tax profit
• 23GK to drive profits through new businesses, says Wehby
• 23Scotia launches into mobile internet banking
• 23Tourism campaign trail in high gear
• 23PCFS seeks share buy back
• 23US Embassy closely following 'Dudus' capture
• 23Sector leaders hail capture of 'Dudus'
• 23Bank loans dip
• 23T&T opting out of regional exchange
• 22CIB petitions High Court for winding up
• 22THA presents $3.5b budget
• 22OECS leaders sign new economic union treaty
• 22Tivoli Gardens operation cost downtown businesses $100m
• 22No end to emergency
• 22Electricity said biggest negative to production
• 21Dookeran: $3,000 pension in new budget
• 21NCB to launch mobile banking services
• 21Changes in T&T will have significant implications for Barbados and others
• 21Trouble for the stock market
• 21Trinidad Publishing Company Limited - Symbol Name Change
• 18SLJ Sale of Sagicor General Insurance (Cayman) Ltd to Bahamas First Holdings Ltd.
• 18Investors watching economy, taking cautious approach
• 18May inflation beats BOJ outlook
• 18Jamaica still attractive to US investors
• 18RBTT offers discounted forex loans
• 18H&L explores outsourcing, store redesign in reach for profit
• 18Hurricane season may put Ja at risk of BP oil pollution
• 182010 hurricane season could be worst on record
• 18Jamaican Teas offer oversubscribed
• 18Scotia Group Jamaica continues to grow. Deposits increase in Q2.
• 17Central Bank: Non-performing loans go up by 3 per cent
• 17Cadiz: Services industry is huge business
• 17New boards soon for WASA, TTEC, TSTT
• 17IMF’s outlook for many regional countries not too bright
• 16Tourist arrivals continue to increase, says CTO head
• 16National debt on the rise
• 16'Govt will have to cut costs'
• 16Government to set up resort markets for farmers
• 16Hi-Lo targets Portmore
• 16Facey critical of H&L management
• 16Samuda orders cement price probe
• 16Tea offer opens at $3.37 per share
• 16Shareholder files against Sagicor
• 16Almond declares $2.5 million loss
• 15Bill Express looks to strata corps
• 15Pace of global recovery continues to slow
• 15Declining pound might cause us to lose UK visitors
• 11Dookeran: Economy in a mess...knocks 'pathetic' fiscal management by PNM government
• 11Tobago Budget Day set for June 21
• 11Govt promises may be phased, says Dookeran
• 11ANSA McAL upgrades to Microsoft Dynamics AX
• 10Mobile banking for Scotia customers
• 09TTSE CEO: Bond market can finance projects
• 09New TSTT board by July
• 09New lottery games coming amid sluggish Super Lotto sales
• 09Jamaica dollar jumps again
• 09External trade balance improved by 20% in January
• 09Roper to leave FSC
• 09Bad debt now higher than Olint loss
• 09More opposition to JPS rate increase. Businesses say any hike in electricity costs will hurt them.
• 09Central Bank urges Barbadians to complete survey
• 08Stock Exchange launches corporate bond market
• 08Sagicor CEO: Caribbean insurance not hard hit by crisis
• 08Unemployment rate decreases
• 08Experts revise hurricane forecast. ‘Very active’ season predicted with 18 named storms
• 08Good response to mobile banking
• 07Super Lotto, not so super. Multi-jurisdictional game performing below-par.
• 07Coke-Lloyd appointed to Sagicor Board
• 07Decline in agriculture expected to counter pick-up in tourism
• 07Standard & Poor’s forecasts improvements in deficit
• 04Grace lands deal in $8b hotel food trade
• 04New technology system to enhance GraceKennedy's risk management
• 04Grace sees profits fall but keeps the faith with new distribution centre
• 04Dollar gain underlines positive signs
• 04Scotia DBG records huge profit plunge. Due to sell merchant bank by month-end
• 04BOJ cuts interest rates again
• 04Lower lending rates now
• 04FirstCaribbean International Bank records lacklustre results
• 02Losses climb for Kingston business operators
• 02Gov't to hurdle next IMF test despite Tivoli shock - analysts
• 02Tougher, risk-based standards... general insurers to face changes by year-end
• 02Proven raises funds for client through capital market
• 02JA dollar strengthens
• 02JMMB profit sours, but cash soars
• 02Scotia pumps more than $4.5 million into 'green' projects
• 01Sagicor records US$5.3m less Q1 net income
• 01Inflation continues to rise
• 01‘DUDUS’ unrest hits businesses