With the opening of this new campus, ibex now has a total of more than 5,000 seats in Jamaica across its five facilities in Ocho Rios, Portmore, and Kingston.
itel Acquires Emerge BPO, Expanding its Geographic Footprint into Guyana and Honduras
itel is acquiring Emerge BPO, marking the 2nd acquisition in the last 5-years for the Caribbean customer experience delivery partner. Through the acquisition, itel will gain new operations in Guyana, Honduras and a work-at-home network in the US
Punta Cana Wins Twice-Weekly Flights From Medellín, Colombia Via Wingo
Saturday, Copa Airline’s low-cost subsidiary Wingo began operating flights between Medellín Colombia and the resort destination of Punta Cana, Dominican Republic, with rates starting at $199 round trip, and including one penalty-free date change.
4th LatAm IoT & Tech Conference Is August 26, Here’s How To Register
Share experiences learned and applied by peers, champions and thought leaders in industries as diverse as mining, energy, telecommunications, banking, financial services, insurance, education, government and others.
5G Americas, GSMA & CANTO to co-host Virtual 5G Caribbean Summit During MWC 2021
The global scope of digital transformation is influencing and shaping the pathways for technological innovation in the Caribbean,” said José Otero
Sitel To Acquire Sykes, Creating A Global CX BPO Contender
Both Sykes and Sitel have a strong presence in Latin America & The Caribbean. The merger will make the combined company an even more dominant player around the world, with the technology to compete with the largest global CX BPOs.
Caribbean, LatAm Countries Included In USA’s New Travel Ban On Dogs Starting July 14
The United States Centers for Disease Control and Prevention ...
Newly Rebranded, Jamaica-based itel Expanding Into Honduras, Guyana, Colombia
itel's latest investment in Jamaica, a 90,000 sq. ft. facility located in Kingston will be home to 1,500 on-site employees and manage a network of work-at-home agents, once it opens this fall.
PriceSmart Reports Double Digit May Sales Increase
Fiscal year to date, which includes the nine months ended May 31, 2021, net merchandise sales increased 7.3% to $2,594.3 million from $2,418.8 million for the nine months ended May 31, 2020.
Join Avasant & Unisys Next Week To DIscuss The Future Of Work
Avasant and Unisys are pleased to invite you to the LATAM Digital Forum, "Transforming Your Enterprise for the Future of Work." This session will be taking place on Wednesday, June 16th at 8:00 AM PDT | 10:00 AM CDT.
Mining Peru Registration Now open, 7-11 June 2021
Mining Peru 2021 brings together 300+ key mining enterprises, regulatory authorities, rulers, technology and equipment suppliers, as well as investors across Latin America, the US, Canada and Europe
Eva Mitchell Promoted To CEO Of Trinidad & Tobago Stock Exchange
Mitchell's career spans two decades across the financial services sector, including experience at leading multinational financial services organizations. She has held various management positions and has extensive knowledge and experience in the areas of finance, asset management, retail and commercial banking and brokerage services.
The First Human Inhabitants of the Bahamas Radically Altered the Environment
Clues in sediments show that once humans arrived on Great Abaco Island, they hunted large reptiles to extinction and burned the old hardwoods and palms, leading to new pine- and mangrove-dominated lands. This article has been republished here thanks to generous permission from Eos, the journal of the American Geophysical Union.
RBC Sells Off Eastern Caribbean Banking Operations
The sale includes RBC's 11 branches in Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
NiQuan Energy Opens Gas Liquefication Plant In Pointe-à-Pierre, Trinidad & Tobago
The GTL Plant is a production facility that takes natural gas and turns it into diesel fuel and naptha using the Low Temperature Fischer-Tropsch (LTFT) technology in a fixed bed system. NiQuan says the Trinidad facility is unique in the Americas and 1 of only 5 globally.
JetBlue Basic Fare Passengers Must Now Pay $60-180 USD Carry-On Luggage Fee
JetBlue passengers purchasing the basic fare they call “Basic Blue” for flights after July 19 will no longer be able to bring a carry-on item aboard without paying a $65 USD extra charge. JetBlue currently flies to over 30 Caribbean, Central & South American locations.
PriceSmart Declares Dividend, Names New Directors, Reports Sales Up 5.2% For January
PriceSmart, Inc. (NASDAQ: PSMT) earlier this week declared an ...
JAMPRO Wins Top Accolades In Stevie Awards
JAMPRO won gold in the “Sales Process of the Year” category, and Diane Edwards (above), the agency’s president, also won gold as “Business Development Executive of the Year.” Edwards also won silver in the “Woman of the Year in Sales” category.
Montserrat Launches Tax-Free Remote Worker Visa For Digital Nomads Craving A COVID-Safe Caribbean
The stamp is valid for 12 months but may be renewed. Applicants taking advantage of the program will be exempt from any Montserrat Income Tax.
itelbpo To Inaugurate First Two COVID-Designed BPO Facilities In The Caribbean
The modern building will open in Kingston in June of this year while itelbpo’s facility in Saint Lucia will be upgraded this month with a second building and outdoor dining and recreation area, both designed and built around COVID safety protocols and requirements.
Mexico Introduces Legislation To Ban Outsourcing
The proposal was widely criticized by business groups when AMLO first mentioned it in late October, saying the change would further harm Mexico’s economy when it is still reeling from the effects of the COVID pandemic.
Ibex Lauded As Frost & Sullivan’s 2020 Central America & Caribbean Company Of The Year
Frost & Sullivan recognizes ibex with the 2020 Central America and Caribbean Company of the Year Award for leading its client-partners in the new digital economy; leveraging agile technology platforms and dynamic operational strategies to offer scalable, flexible, and tailored experiences.
Insight Crime: Jamaica Has Highest Homicide Rate In The Americas
Breaking from an overall decrease in “serious” crimes last year, shootings across the nation rose. Gangs in Jamaica and Haiti have reportedly been engaged in a deadly trade where marijuana is exchanged for guns. Boats loaded with up to 3,000 pounds of cannabis have been heading from Jamaica to nearby Haiti, where drugs are swapped for handguns and high-powered assault weapons, according to an investigative report by the Jamaica Gleaner.
Q & A: New Requirement for Proof of Negative COVID-19 Test or Recovery for All Air Passengers Flying To The United States
This Order applies to all air passengers, 2 years of age or older, traveling into the US, including US citizens and legal permanent residents.
New Firm Launched With $100 Million USD To Develop Renewable Energy With Projects In Jamaica, El Salvador, Colombia
The company website lists 5 projects under development in Colombia, plus one each in El Salvador and Jamaica, and says all projects will start construction in the second half of this year, and begin energy production at the end of 2022.
Fitch Expects A Reset For Caribbean & Latin American Relations With Biden – Harris
While attempts to counter Chinese influence could involve greater deployment of U.S. development funds and private investment, there may be tensions, for example regarding Chinese business interests and investment in the region, like in the telecoms sector.
PriceSmart Announces Positive December Results, Currency Challenges In Trinidad
PriceSmart, Inc. (NASDAQ: PSMT) Net Merchandise Sales grew 2.8%, after negative 3.1% FX impact. Comparable Net Merchandise Sales decreased 1.7%, after 2.9% negative FX impact. E-Commerce Penetration was 2.8% of Total Net Merchandise Sales
Attend The 3rd Annual Desalination Latin America Conference & Exhibition, March 24-25
Join key industrial desalination companies, regulatory authorities, government, technology & equipment suppliers, and investors across Latin America, the US, Canada and Europe at the 3rd International investment conference and exhibition “Desalination Latin America” which will be held on 24-25 March 2021
Global Personal Freedom Declines Notably According to New Human Freedom Index
The HFI captures the degree to which people are free to enjoy important rights such as freedom of speech, religion, association, and assembly, and measures freedom of movement, women’s freedoms, crime and violence, and legal discrimination against same-sex relationships. While economic freedom around the world has increased slightly since 2008, the report finds that of the 12 major categories that make up the index, all but five have seen some deterioration, with Religion, Identity and Relationships, and Rule of Law seeing the largest decreases since 2008.
Fintech Firms See Growth In 2020 Related To COVID Lockdown Measures
These trends were also seen in fintech employment in these economies. Fintechs in countries with more lockdown restrictions reported an average of 10% increase in full-time employees, while fintechs in economies with fewer lockdown restrictions actually saw their full-time staff decrease by 19%.
US DFC Approves $2.1 Billion USD in Global Development Investments
More than 65% of DFC’s capital approved this quarter will be deployed to low and lower-middle income countries, and fragile states. Many of the investments approved this quarter advance DFC’s 2X Women’s Initiative, Portfolio for Impact and Innovation (PI2), Health and Prosperity Initiative, and Connect Africa initiative as well as the Administration’s Prosper Africa and América Crece initiatives.
PriceSmart Announces Plans to Build Two New Warehouse Clubs in Jamaica & Guatemala
Once open, these would be PriceSmart's second location in Jamaica, and its 5th location in Guatemala.
Global Infrastructure Partners Closes 2 Funds WIth $2.8 Billion USD In Capital
GIP CAPS II has closed on aggregate Limited Partner commitments of $1.4 billion and GIP Spectrum has closed on aggregate Limited Partner commitments of $1.4 billion. The funds' diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments and high net worth individuals located across North America, Europe, Asia and the Middle East.
Atlas Ocean Voyages Launches “At Last…Atlas” Campaign WIth Ashley Tamar
Grammy-nominated Singer, Songwriter and Actress Ashley Támar to Deliver At Last… Atlas on behalf of Atlas Ocean Voyages in order to welcome travelers back to cruising.
PayPal Is Serious About The Americas Says CTO Sri Shivananda In This Exclusive Interview
PayPal's Sri Shivananda: "In LatAm, PayPal continues to grow our partnerships with marketplaces like MercadoLibre, who recently added PayPal as a checkout option in Brazil and Mexico."
Free Report Available: Current Status Of The Latin American Lithium Industry 2020
Get the free report about Current Status of the Lithium Industry in Latin America 2020 prepared as a prologue to the 2nd Online Business Congress and 1-2-1 meetings “Lithium Latin America” (24-26 November), during which key industrial lithium producing enterprises, regulatory authorities, technology and equipment suppliers, and investors across Latin America, the US, Canada and Europe will discuss the issues of greatest impact for the development of the industry.
US Citizens Abroad: Don’t Forget To Cast Your Absentee Ballot In Runoff Elections!
The U.S. 2020 general elections have passed, but election season is not over! If you vote in a state or jurisdiction with runoff elections for federal and local offices, the U.S. Embassy can assist with the return of your voting materials.
Fitch Ratings Says LatAm Electricity Sector Should Remain Resilient Through Pandemic
Fitch expects the pandemic to affect overall revenues and leverage, but electric corporates generally have sufficient leverage and liquidity to absorb shocks.
Visa To Acquire YellowPepper, Strengthening Latin American / Caribbean Fintech Capabilities
YellowPepper will facilitate an easier integration to Visa Direct, Visa’s real-time push payments platform, Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network, and value-added services.
Pressured By Coronavirus Pandemic, August PriceSmart Sales Flat
PriceSmart, Inc. (NASDAQ: PSMT) announced that for the month ...
Chubb Launches Chubb Studio Fintech Platform to Digitally Underwrite Insurance
Property & Casualty insurer Chubb has announced the launch ...
US Citizens Outside The Country May Still Vote, Following These Guidelines:
The U.S. general elections are under three weeks away! The U.S. Embassy is not a polling location where you can vote on Election Day, so send in your ballot as soon as possible!
Join Finance Americas at The Online Hydropower Latin America 2020 Congress
The Online Business Congress and 1-2-1 meetings "Hydropower Latin America 2020" is an international, professional platform, bringing together over 250 C-level executives of hydropower plants, LatAm Ministries of Energy, hydropower companies, investors, EPCs, equipment and service providers from all over Latin America.
Ibex Limited Launches Initial Public Offering, Listed On NASDAQ
CX Outsourcer IBEX Limited today announced the pricing of its initial public offering of 4,761,905 common shares at a price of $19.00 per share.
Copa Airlines Reports $386 Million USD Loss For Q2 2020
Copa has now scheduled the restart of its regular commercial flights for September 4th, 2020.
Survey Reveals Optimism for Future of Business and Investment in Central America
Biz Latin Hub conducted a survey asking for participants’ perceptions of doing business in Latin America. Notably, several Central American countries received mention from respondents as key opportunities for business development and growth in the region.
Despite Coronavirus Restrictions, PriceSmart Sales Down Less Than 2% In June
PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.
Over 30,000 May Die In Caribbean From COVID-19 Says University of Washington Institute
Caribbean mortality projection: 8,231 Central America mortality projection(ex-México): 22,546
Fitch Sees Rising Latin American Debt Defaults
The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
Spirit Airlines Fined By US Government For Violating Passenger Rights, Unethical Behavior
Spirit was found guilty of undercompensating passengers, forcing them to sign untruthful documents, and denying their rights after overbooking flights.