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  • Caribbean integration finds its rhythm

    Gary N. KleimanAfter years of discussion on forging a unified trade zone among the fifteen members of the Caribbean Community (Caricom), a smaller version was launched in February between core countries, dos, Jamaica, and Trinidad and Tobago. Their Caribbean Single Market and Economy (CSME) envisions free cross-border goods and services flows, and...

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  • Digicel Brand Lanches Services in Anguilla, Bermuda and St. Kitts & Nevis

    Digicel, the fastest growing GSM mobile telecommunications provider in the Caribbean, has reached a significant milestone in its mission to expand its pan-Caribbean GSM network with service launches in three new territories: Anguilla, Bermuda and St. Kitts & Nevis.These launches are a result of Digicel's agreement to acquire Cingular Wireless'...

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  • SEC fines Baltimore-based Nevis Capital Management and its top

    StaffThe Securities and Exchange Commission ordered Nevis Capital Management LLC, a Baltimore-based money management firm, to pay $1.7 million, and its two top officers $150,000 each, to settle charges of fraudulent and improper conduct. Nevis and its president, David R. Wilmerding III, and Executive Vice President Jon C. Baker were accused of...

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  • Nevis Capital accused of funneling IPO shares

    Kathleen Johnston JarboeNevis Capital Management LLC plans to settle charges that the company improperly allocated lucrative initial public offering shares to its fund customers, a Securities and Exchange Commission lawyer said.The Baltimore money management firm had been scheduled for a hearing on the matter yesterday.But the date was canceled as...

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  • Caribbean: a sea of investment opportunities - Caribbean Development Bank plays major role in financing development related projects

    As one of the largest U.S. trading partners, the Caribbean region offers numerous opportunities for private-sector investment. In traditional sectors like tourism and financial services, as well as healthcare, education and technology, the island nations of the Caribbean provide a hospitable climate for foreign investment.A wide array of national...

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