Impact of proposed Scotiabank sale to be assessed in accordance with Treaty…

first_img Jul 6, 2020 Scotiabank Sells Belize Operations – CARICOM Business… Jun 29, 2020 The CARICOM Competition Commission (CCC) has said that any impact the proposed acquisition of Scotiabank by Republic Financial Holdings Limited will be assessed in accordance with the Revised Treaty of Chaguaramas (RTC). The Commission, a CARICOM Institution that was established by Article 171 of the RTC, is mandated to promote and protect competition within the Community. Related Posts Competition Commission flags ‘anti-competitive’ effects of intended sale of Scotiabank assetsThe intended sale of ScotiaBank’s assets in nine Caribbean countries could have anti-competitive effects in at least three Member States, the CARICOM Competition Commission said. ScotiaBank last November announced its intention to sell banking assets in nine English- and Dutch-speaking countries in the Caribbean: Anguilla, Antigua and Barbuda, Dominica, Grenada,…April 1, 2019In “Anguilla”Antigua, Guyana raise concerns regarding sale of Scotiabank(Barbados Today) — Two Caribbean Community (CARICOM) governments Tuesday expressed some unease at the announcement that the Canadian-based Bank of Nova Scotia had agreed to sell its operations in nine Caribbean countries to a Trinidad-based financial institution. The Antigua and Barbuda government Tuesday said it was “deeply disappointed” that the…November 28, 2018In “Antigua & Barbuda”Republic Financial Holdings Limited to acquire Scotiabank’s Banking Operations in nine Caribbean countriesRepublic Financial Holdings Limited to acquire Scotiabank’s Banking Operations in Anguilla, Antigua and Barbuda, Dominica, Grenada, Guyana, St. Kitts and Nevis, Saint Lucia, St. Maarten, St. Vincent and the Grenadines   TORONTO, Nov. 27, 2018 /CNW/ – Scotiabank today announced agreements with respect to certain of its Caribbean operations, as part of its strategy to focus the Bank’s efforts…November 27, 2018In “Anguilla”Share this on WhatsApp “Any impact to the Community market by the proposed acquisitions will be assessed in accordance with the RTC,” Justice Blackman said. The Chairman used the opportunity to highlight the need for strong national and regional competition rules and frameworks. “Despite the need for these regulatory tools, the Commission stands ready to support the Member States of the CSME and financial sector regulators in analysing competition effects of the proposed acquisitions in their respective national or sub-regional jurisdictions.As always, the Commission remains committed to a process that is fair and transparent in the determination of any regulatory matter where the interests of both business and consumers must be considered,” he said.Share this:PrintTwitterFacebookLinkedInLike this:Like Loading…center_img Republic Financial Holdings Limited to acquire Scotiabank’s Banking Operations in Anguilla, Antigua, Dominica, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & the Grenadines.— CARICOM (@CARICOMorg) November 27, 2018 Jul 29, 2020 “The Commission in its monitoring of business activity in the CARICOM Single Market and Economy (CSME), has taken note of the announcement on 28 November, 2018, by the Bank of Nova Scotia (“Scotiabank”) of its intended transaction to sell banking assets in nine (9) English and Dutch speaking countries in the Caribbean, namely,Anguilla, Antigua and Barbuda, Dominica, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & the Grenadines, to Republic Financial Holdings Ltd (“Republic Financial”) and life insurance operations in another two (2) countries (Jamaica and Trinidad and Tobago) to Sagicor Financial Corporation (“proposed acquisition”).Justice Christopher Blackman, Chairman of CARICOM Competition CommissionThe Suriname-based Commission has further noted the concerns of bank customers and governments across the Region regarding the proposed acquisition of Scotiabank by Republic Financial.The Commission advises that it shall continue to monitor these developments in the banking and insurance sectors. Any impact to the Community market by the proposed acquisitions will be assessed in accordance with the RTC,” Chairman of the CCC, Justice Christopher Blackman, said. He added that the Commission advised that it would continue to monitor the developments in the banking and insurance sectors. Belize PM concerned over Scotiabank sale – CARICOM… CDB hails Arthur as Steadfast, Passionate Defender of… last_img read more

Hugh Riley retires as CTO Secretary-General after 10 years at the helm

first_img CTO Partners With Regional Agencies For Caribbean Tourism… You may be interested in… CTO calls for Open Skies policy at Caribbean airports(BRIDGETOWN, Barbados) – Secretary General of the Caribbean Tourism Organisation (CTO) Hugh Riley has urged regional authorities to institute an Open Skies policy and wherever possible to eliminate secondary screening at Caribbean airports. Mr. Riley argues that while an Open Skies policy would allow regional carriers to take unlimited flights to…September 29, 2015In “CARICOM”Take tsunami preparedness seriously – Hugh Riley urges Caribbean states(Caribbean Tourism Organisation Press Release) PARIS, France (24 Oct. 2018) – Secretary General of the Caribbean Tourism Organisation (CTO) Hugh Riley has called on Caribbean states to take tsunami preparedness seriously, stating to do otherwise would put the people and regional economies at risk. Speaking in Paris, France, during a…October 24, 2018In “Caribbean Tourism Organisation”Record tourist arrival and earnings for Caribbean – CTO~ More than 26 million visitors and over US$29 billion in earnings in 2014 ~ The Caribbean welcomed a record 26.3 million tourists in 2014, a 5.3 per cent rise over the previous year. These visitors spent  US$29.2 billion, itself a record. The Chairman of the Caribbean Tourism Organization (CTO),…February 10, 2015In “CARICOM”Share this on WhatsApp Oct 2, 2020 Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… OPINION – The future economy of the Caribbean The Official Guyana Rum Route Discovering Home of World’s… center_img (Caribbean Tourism Organisation, 23 April, 2019) – The region’s tourism development agency is to begin the search for a new secretary general to replace the departing Hugh Riley. Riley, who was appointed to the top post at the Barbados-headquartered Caribbean Tourism Organization (CTO) in August 2009 after acting for a year, has gone on pre-retirement leave ahead of his departure at the end of June this year. The organisation’s director of finance, Neil Walters, will act in the position until a successor is appointed. The secretary general is the public face and chief spokesperson of the CTO, and provides the organisation with visionary leadership, strong direction and clarity to its policy development. The holder of the post is responsible for implementing the vision of the organisation based on the strategic direction set by the council of ministers and commissioners of tourism and the CTO board of directors. Different Tourism Will Emerge From COVID-19, Says CTO SG Feb 17, 2020 Mar 18, 2020 Jun 23, 2020last_img read more

CARICOM Chair, Jamaica Health Minister discuss State of Region’s Health…

first_imgKINGSTON, Jamaica, June 16, 2019 (Press Unit in the Office of the Prime Minister) – Chairman of the Caribbean Community (CARICOM) and Prime Minister of St. Kitts and Nevis, Dr. the Honourable Timothy Harris, recently sat down with the Minister of Health in Jamaica Dr. the Honourable Christopher Tufton for talks which focused primarily on the region’s health agenda. Also present during those discussions, which were held on Friday, June 14 at the Jamaica Pegasus Hotel, was the Executive Director of the Caribbean Public Health Agency (CARPHA), Dr. James Hospedales. Prime Minister Harris serves as the lead Head for Health and Human Development in the CARICOM Quasi Cabinet. You may be interested in… PM Harris Wants Regional Air Travel to be Affordable,… Tributes Pour in for Former Barbados Prime Minister Aug 11, 2020 The two Caribbean ministers shared updates on a number of regional health initiatives, addressed the current state of non-communicable diseases (NCDs) in the Caribbean and discussed the achievements of CARPHA under the leadership of Dr. Hospedales. Jamaica Health Minister, Dr. Christopher Tufton, CARICOM Chair and Prime Minister of St. Kitts and Nevis, Dr. the Hon. Timothy Harris, and CARPHA Executive Director, Dr. James Hospedales Prime Minister Harris and Minister Tufton also spoke in length about the broadening of the “Caribbean Moves” campaign which is an initiative to raise awareness of non-communicable diseases and ways to combat them. The campaign, which is already operational in Jamaica, promotes regular physical activity and healthy eating through exciting and fun programmes. Prime Minister Harris indicated that this campaign is expected to be launched in St. Kitts and Nevis in the coming weeks. Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… Jul 27, 2020center_img Jul 27, 2020 Jul 16, 2020 CAL Launches EC Service as LIAT Reorganises – CARICOM… St. Kitts-Nevis Government Targets October 2020 to Re-open… CARICOM Heads step up commitment to Moving Caribbean people towards Healthier LivesOn the occasion of the Third United Nations High Level Meeting on Non-Communicable Diseases (NCDs), the Heads of Government of the Caribbean Community hosted a breakfast event, in New York, on 27th September 2018. The theme “Moving Caribbean people towards healthier lives – step it up!” reflected their commitment to…October 1, 2018In “Antigua & Barbuda”PM Harris renews calls for more resources to combat climate change and NCDs(Press Unit in the Office of the Prime Minister) – St. Kitts and Nevis’ Prime Minister, Dr. the Honourable Timothy Harris continues to draw the international community’s attention to the risks associated with climate change, as well as its inextricable link to increased non-communicable diseases (NCDs), particularly in Small Island…November 26, 2018In “Agriculture”New Year’s Message from Incoming Chairman of the Caribbean Community Dr. The Honourable Timothy Harris Prime Minister of St. Kitts and NevisAs the Caribbean Community enters this New Year 2019, it is with a renewed vigour and determination to maintain the momentum with which we ended 2018. This is the final year of our first five-year Strategic Plan and preparations have already begun for the second Plan which will build on…December 29, 2018In “CARICOM”Share this on WhatsApplast_img read more

CDB, CARICOM Sign MOU to Deepen Cooperation

first_img Aug 12, 2020 CARICOM Secretariat and CDB seeking to strengthen co-operationCARICOM Secretary-General Ambassador Irwin LaRocque and President of the Caribbean Development Bank Dr Warren Smith on Wednesday signed an MOU aimed at strengthening existing co-operation between the CARICOM Secretariat and the CDB. The CARICOM Secretariat is the principal administrative organ of the Caribbean Community and has its Headquarters in Georgetown,…November 7, 2019In “Barbados”CDB, The UWI sign historic MoU(Caribbean Development Bank Press Release) – Formalising their longstanding relationship, which spans several decades, the Caribbean Development Bank (CDB) and The University of the West Indies (The UWI), signed a historic Memorandum of Understanding (MoU) on Friday, October 19. The MoU supports a stronger partnership between the Bank and the…October 25, 2018In “Barbados”Chairman of CDB’s Board of Governors, PM Keith Mitchell, pays official visit to Bank’s HeadquartersJune 23, 2017, BRIDGETOWN, Barbados – Dr. The Right Honourable Keith Mitchell, Prime Minister of Grenada and Chairman of the Board of Governors of the Caribbean Development Bank (CDB), on Friday urged the institution to continue playing a role in accelerating the implementation of the development agenda for the Caribbean.  “Together,…June 25, 2017In “Barbados”Share this on WhatsApp Sep 28, 2020 CDB Approves Grant to Enhance Remote Learning for The UWI… CARICOM Secretariat Donates Computers to Sophia Care Centre The CDB President noted that the two regional bodies shared a long-standing relationship and had common goals of building economic opportunity and prosperity for the people of the Region through deeper regional cooperation. “This MoU formalises a long-standing partnership between two leading regional organisations sharing a common interest in fostering the economic development of the Caribbean by promoting economic integration and cooperation. We can look forward to even greater collaboration, especially in the areas of capacity building, institutional strengthening, and knowledge and information,” he stated. Secretary General LaRocque stated: “This is just the latest example of the excellent relationship between the CDB and the Secretariat that has been a feature of the tenure of Dr Smith. All the areas cited in this MoU are critical to the development of our Community and the ultimate benefit of the people.” Critical areas for regional cooperation covered in the MoU include the CSME, education, disaster risk reduction, economic integration, regional transport and energy. Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… CARICOM Competition Authorities encouraged to co-operate center_img November 8, 2019, BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) and the Caribbean Community (CARICOM) have signed a Memorandum of Understanding to deepen their collaboration on projects and programmes, with emphasis on capacity building, institutional strengthening and disseminating information on economic and social policy issues. CDB President Dr. Wm Warren Smith and CARICOM Secretary-General Ambassador Irwin LaRocque signed the MoU at the Lloyd Erskine Sandiford Centre in Barbados on Wednesday, November 6, following the CDB/Government of Barbados/International Monetary Fund’s Ninth Caribbean Forum. Under the MoU, CDB and CARICOM will cooperate on areas of activity which facilitate regional integration and the expansion of the CARICOM Single Market and Economy (CSME). Aug 17, 2020 You may be interested in… Sep 23, 2020 Owen Arthur on the CSME last_img read more

Brenton Productions Names New Associate Producer

first_imgSWANSEA, MA — Brenton Productions, producers of SPEED Channel’s Two Guys Garage and Truck Universe, has named Tim Gifford as its newest associate producer. AdvertisementClick Here to Read MoreAdvertisement In his new position, Gifford will be responsible for both new and existing clients’ advertising and product placement on the company’s television productions. A twenty-year veteran in the media business, he will be based out of the production company’s new Nashville, Tenn, office. “In addition to a strong background in advertising media, including both publishing and broadcast, Tim brings to Brenton a wide range of experience in the automotive aftermarket and the hunting and fishing industries,” said Kevin Judge, marketing vice president. “Brenton has built its reputation on the popular how-to style of programming,” said Judge. “This format will afford an opportunity for Tim to use his automotive experience as well as provide Brenton the opportunity to pursue non-automotive advertisers.” _______________________________________ Click here to view the rest of today’s headlines.,Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand of performance additives and oils, recently announced the expansion of senior leadership. Steve deMoulpied joins LSI as the company’s chief operating officer (COO). AdvertisementClick Here to Read MoreAdvertisement DeMoulpied comes to LSI from the Private Client Services practice of Ernst & Young where he managed strategy & operations improvement engagements for privately held client businesses. Some of his prior roles include VP of strategic development, director of strategic initiatives, and Lean Six Sigma Master Black Belt at OptumHealth, UnitedHealth Group’s health services business, as well as Lean Six Sigma Black Belt at General Electric, where he applied operations improvement principles to customer service, supply chain and product development. A successful entrepreneur, deMoulpied is also the founder of PrestoFresh, a Cleveland-based e-commerce food/grocery business.  With more than 20 years of experience across multiple industries and functional areas, deMoulpied has particular expertise in organizations with complex technical products. Combined, his prior positions have required a spectrum of skills in corporate strategy, operations improvement, product quality, and revenue cycle management. He has an impressive history of utilizing data driven problem solving (Lean Six Sigma) and project management (PMP and CSM) to achieve strategic goals surrounding customer satisfaction, operational efficiency and improved profit.  DeMoulpied has a Bachelor of Science degree in Engineering Management from the United States Air Force Academy and a Master of Business Administration degree from the University of Dayton in Marketing and International Business. He served six years with the USAF overseeing the development of technology used on fighter aircraft and the E-3 Surveillance aircraft, finishing his career honorably as Captain. LSI President Brett Tennar says, “Steve’s success in developing operational strategies that improves the bottom line, builds teamwork, reduces waste and ensures quality product development and distribution checks many of the boxes of what we were looking for in a COO. This, coupled with his career in the Air Force working with highly technical systems and his in-depth understanding of Lean Six Sigma and Business Process Management sealed our offer. As our tagline states, our products are Powered by Science. This data driven approach is one reason why our company has grown exponentially as we employ the most advanced technology to product development. I am confident that Steve is the right person to drive operational strategy for our diverse and growing brands.” Advertisementlast_img read more

KS Bearings Names VP of Engineering, Product Development

first_imgSOUTHFIELD, MI — Kolbenschmidt Pierburg has named Kumar Vaidyanathan as vice president of engineering and product development for its KS Bearings division. AdvertisementClick Here to Read MoreAdvertisement In his new position with KS Bearings, Vaidyanathan will be responsible for overseeing the engineering, design and production of all new KS Bearings products. He will report to David Mosier, president of KS Bearings. Vaidyanathan comes to KS Bearings from Federal-Mogul, where, as director of product technology, he led the development and launch of next-generation “green materials” for all fluid film bearings used in global engine programs and powertrain systems. In an earlier role as director of product technology at Federal-Mogul, Vaidyanathan was manager and chief engineer for design and predictive engineering. He and his team established four key systems: power cylinder systems (pistons, bearings and connecting rods), crank and block systems, lubrication systems and engine tribological systems. Vaidyanathan earned his PhD in mechanical engineering and graduate degrees from the University of Toledo and his bachelor’s degree in mechanical engineering from Bangalore University in Bangalore, India. Vaidyanathan earned the Wharton School of Executive Education Certificate of Professional Development in 2000 for his work in the Focused Management and Leadership Series. He also participated in executive education programs at Columbia Business School. He has authored and co-authored more than a dozen external technical papers published in international scientific journals, including the applications of various computational/numerical and mathematical methodologies in the area of product technology and engineering. Advertisement Vaidyanathan is a member of the University of Toledo Alumni Association. For more information about KS, go to: _______________________________________ Click here to view the rest of today’s headlines.last_img read more

NMED Hosts First Quarterly Outreach Meeting In Los Alamos At Fuller Lodge Monday

first_imgNMED News:The New Mexico Environment Department will host its first quarterly public meeting in Los Alamos, 5:30-7 p.m., Monday, July 8 in the Pajarito Room at Fuller Lodge, 2132 Central Ave.The primary topic will be the mission and work of the Environment Department’s Department of Energy Oversight Bureau, as well as a discussion on a proposed move of the Bureau’s Los Alamos Field Office to Santa Fe.The meeting is open to the public.last_img

Volunteers Needed For Community Playground Build

first_imgTo volunteer for the community build, go to Aspen PTO is seeking volunteers to help assemble and install this Navigator Climber and two other pieces of equipment Oct. 5 during a Community Playground Build. Courtesy/Aspen PTOAspen PTO is seeking volunteers to help assemble and install this Topsey Turvey and two other pieces of equipment Oct. 5 during a Community Playground Build. Courtesy/Aspen PTOASPEN PTO News: Aspen PTO has purchased three new playground pieces for Aspen Elementary School’s playground and is seeking volunteers to join in a community build to assemble and install the pieces Oct. 5 at the school. It took a lot of people to raise the money for the pieces and now volunteers are needed finish the work. The Community Playground Build is Saturday, Oct. 5. Everyone on the construction site must be at least 18 years of age. Aspen PTO is seeking volunteers to help assemble and install this Blender Spinner and two other pieces Oct. 5. Courtesy/Aspen PTOVolunteers are needed to sort, assemble, provide tools, carry pieces, etc. Volunteers should bring their own work gloves and wear a hat, sunscreen, etc. There will be a “child care” space for age 2 years and older for those who need to bring little ones while they volunteer. Space is limited. When signing up to volunteer, mark “child care needed”.last_img read more

Council Proclaims Customer Service Week Oct. 7-11

first_imgLos Alamos County Councilor David Izraelevitz presents a proclamation a on behalf of Council to, from left, Customer Care Service Representatives Rachel McGuire, Karen Salazar and Lisa Romero declaring Oct. 7-11 as Customer Service Week. Photo by Kirsten Laskey/ladailypost.comCOUNTY News: Los Alamos County Council proclaimed Oct. 7-11 as Customer Service Week during its Tuesday meeting. The highlight of the week will be a special event 1-3 p.m. Wednesday, Oct. 9 at the Municipal Building at which representatives from County departments will host informational booths in the lobby and refreshments will be served. Councilor David Izraelevitz read the proclamation: WHEREAS: in 1992, the U.S. Congress proclaimed Customer Service Week, a nationally recognized event celebrated annually during the first full week of October; andWHEREAS: each year, thousands of citizens access the services and programs offered by Los Alamos County government, and for over 15 years, the Customer Care Center has been the “face” of the County – many times as a new customer’s very first interaction with local government when they move to Los Alamos; the Customer Care Center offers customers an easy-to-access phone line, e-mail address and walk in service with offices located conveniently in the lobby of the Municipal Building; andWHEREAS: Customer service is everyone’s goal – Los Alamos County is committed to providing quality essential services, and top-notch service is a priority for every County employee; andWHEREAS: the Council wishes to recognize the achievements of County staff in the field of customer service, and to encourage continued commitment to customer service excellence in everyday activities, services and programs;NOW, THEREFORE, on behalf of the Council of the Incorporated County of Los Alamos, I do hereby proclaim the Week of October 7 through 11, 2019 as “CUSTOMER SERVICE WEEK” in Los Alamos County, and thank our employees for their hard work and dedication in serving the citizens of Los Alamos County.last_img read more

LAPS Foundation Doing Even More This Fall

first_imgTo see how donations from the community have impacted all the Los Alamos Public Schools this fall, click here! So far this fall LAPSF has given out nearly $20,000 for grants, which has impacted every school in the district:Mini-grants (23);Great Idea Grants (5);Professional Development Grants (5); andBook Group Grants (5). LAPSF News: This fall, LAPSF is announced it has been able to support 38 grants so far. As a result of continuous donations from the community, LAPSF is having a huge impact on the quality of education in the local schools. Wellness Is The Name Of The Game The LAPS Foundation has distributed nearly $20,000 for fall semester grants so far. Courtesy/LAPSF Through many generous contributions, the Los Alamos Public Schools Foundation has been able to continue, and even grow, our grants program for the 2019-20 school year. “Wellness” is an important word in schools these days. What it boils down to in Los Alamos is providing an environment in which students and school staff can thrive. LAPSF has teamed up with LAPS to increase student and staff wellness this year through three main initiatives: $5,000 worth of wellness grants;Community conversation/dinner for parents; and Student summit or other activity by students, for students. Read more. Surprise! The LAPS Foundation refreshed LAPS staff lounges over the summer. Courtesy/LAPSFlast_img read more