Jamaican contact center outsourcing company itelBPO announced yesterday that it has sold 15% ownership stakes to Portland Private Equity, a Jamaican private equity firm, and PanJam Investment Limited, a publicly traded Jamaican investment company listed on the Jamaican Stock Exchange. ...
Copa Airlines Adds Flights Between Paramaribo, Suriname and Panamá
Panamá based Copa Airlines, a subsidiary of Copa Holdings, S.A., officially began operations of its new route to the city of Paramaribo, in the Republic of Suriname, being the only airline that will connect this destination with 80 other destinations ...
Report: Caribbean Countries Leveraging Advanced Technologies To Deliver Health Care and Education
Information and Communication Technologies (ICTs) are a major tool for increasing the effectiveness of productive economic sectors in over 30 Caribbean markets. In addition to shortening processing times and handling citizens’ documentation requests by using an eGovernment platform, ICTs are ...
New technologies will help reduce the digital divide in The Caribbean
During the GSMA Mobile 360 ° event that took place in Mexico City, Hugo Simg, Business Development Director for MediaTek in Latin America, spoke about the available technologies to reduce the digital divide in The Caribbean and other emerging markets. ...
Hilton Expands In The Caribbean With Its First Tapestry Collection Hotel
Hilton (NYSE: HLT) today announced the signing of ROK Hotel, Kingston, Tapestry Collection by Hilton, representing the brand’s debut in the Caribbean. Slated to open in 2020, the 168-room property, owned by PanJam Investment Limited, sits in a multi-purpose complex ...
Miami Rum Festival Showcases Caribbean’s Most Cherished Export for 11 Straight Year
In 2008, the Miami Rum Festival began as a small but elegant rum tasting event at Coral Gables’ historic Venetian Pool with 54 luxury rums and 150 rum enthusiasts in attendance. Eleven years later — after growing the event to be the ...
John O’Brien of Visis: Caribbeans Can Qualify For Special Australian Investor Visa
The Caribbean is a region with many citizens holding dual nationality. As island economies mature and citizens become more globalized, many are looking beyond the local neighborhood for the sake of diversifying investments, lifestyles, and simply to become more global ...
Interview: Eduardo Almeida of Unisys Breaks Down the Company’s Caribbean Outlook
"The Caribbean represents a huge opportunity for a company like Unisys," says Almeida. "We've been seeing a lot of investments from the public sector."
CEO Bob Dechant Explains Why Ibex Interactive Is Betting Big on the Caribbean
More and more companies are continuing to embrace the “nearshore.” With the cost and capabilities gap continuing to close between service providers in far-off places like India and the Philippines, many North American companies are realizing that the benefits of ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 6: Natural Disaster Risk
Much of the nearshore is plagued with severe natural disaster risk aside from the largely spared areas of Trinidad and Tobago, Argentina, and Brazil.
CAIPA’s Outsource to the Caribbean Event Considered a Success, but Must Be Built Upon
The Caribbean Association of Investment Promotion Agencies (CAIPA) held the Outsource To The Caribbean 2017 conference in Montego Bay, Jamaica in December. The event brought together Caribbean basin Investment Promotion Agencies (IPAs) from around the region, from Belize all the ...
Visa Teams Up with YellowPepper for Digital Payments in Latin America and the Caribbean
“YellowPepper has the skill set and existing footprint in the region to help us accelerate time to market for our clients," said Allen Cueli of Visa.
Fujitsu & Scotiabank Demonstrating Success in Trinidad & Tobago
According to an article in Nearshore Americas that the author did after speaking with Scotiabank director Anya Schnoor, Scotiabank has been very happy with their decision to locate a 68,000 square foot operations center in Chaguanas, Trinidad. From the modern ...
IDB Debuts Updated INTrade: Caribbean/LatAm Trade Information System
The Inter-American Development Bank (IDB) developed a new version of INTrade, an interactive information system that allows the detailed analysis of trade and integration in Latin America and the Caribbean. INTrade, developed by IDB’s Trade and Integration Sector, offers an ...
TTIFC Launches International Outsourcing Summit June 15-16, 2016
The Trinidad & Tobago International Financial Centre (TTIFC) is hosting its first ever International Outsourcing Summit June 15-16 in Trinidad & Tobago’s capital city, Port of Spain. The event highlights Trinidad & Tobago’s benefits and advantages as a nearshore Business ...
A.T. Kearney Says Trinidad & Tobago Belongs In Top Tier Of Global Services Destinations
The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things ...
Enterprise Rent-A-Car Opens 2 Locations at Trinidad & Tobago Airports
Enterprise Holdings Inc. announced last week that it is expanding the Enterprise Rent-A-Car brand’s presence in Trinidad & Tobago, as part of a general expansion in Latin America and the Caribbean with the opening of 22 new locations throughout the region, in total. The auto rental ...
Fiscal Reform Key To Boosting Caribbean & Latin American Growth: IDB
Weak global growth, a fading demographic boom, lower commodity prices and deteriorating fiscal positions are underscoring the urgent need for major reformulations in fiscal policies of Latin America and the Caribbean, according to the Inter-American Development Bank’s annual macroeconomic report ...