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CONCACAF hires Alvarez & Marsal to assess operations

Miami (Tuesday, June 30, 2015) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) announced today that it has hired the firm Alvarez & Marsal to make an assessment of its operations. Carlos Vincentelli, a Managing Director…

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Diverse language skills needed for Caribbean tourism growth – SLTHA president

It’s time for stakeholders in the Caribbean’s hospitality industry to more broadly represent the multicultural nature of the region and serve the growing diversity of visitors to the Caribbean by learning to speak more than one language. The call was…

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Diver’s dream: Cuba’s pristine and protected coral reefs

By Chris Gillette Associated Press From St Louis Post-Dispatch MARIA LA GORDA, Cuba • The coral reefs and gin-clear waters off the coast of Cuba offer some of the best diving in the Caribbean and some of the best-preserved reefs…

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Mayweather-Pacquiao fight sparks more than 40 class actions

By Amanda Bronstad, From The National Law Journal More than 40 class actions have been filed over last month’s highly publicized fight between Floyd Mayweather and Emmanuel “Manny” Pacquiao, alleging that the boxers, their promoters and the cable networks airing…

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[Bahamas] Ex-minister wants Chinese currency hub ‘within a year’

By Neil Hartnell From Tribune 242 A former Financial Services Minister yesterday urged the Government to establish an operational Chinese currency trading platform within 12 months, and not let “a great opportunity pass us by.” Ryan Pinder, now Deltec Bank…

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Cuba: Immediate threat to 20% of Bahamas’ visitors

By Neil Hartnell From tribune 242 Cuba’s opening will immediately threaten more than 20 per cent of the Bahamas’ stopover visitor market, it has been revealed, amid calls for a ‘tourism trade agreement’ with the US to mitigate the impact…

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When FDI fails: learning the lessons of international expansion

By Michal Kaczmarski From FDI Intelligence The complexities of overseas expansions are often overlooked in the bid to tap into new growth markets. Michal Kaczmarski looks at what it takes to crack foreign markets. Overseas expansion is often considered a…

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Commonwealth Bank ‘Most Profitable of All Banks’ Execs tell Shareholders

By Diane Phillips & Associates From The Bahamas Weekly Nassau, Bahamas – For the second consecutive year, Commonwealth Bank reported it was ‘the most profitable of all (retail) banks’ with net earnings of $53.3 million, $16 million higher than its…

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Gadget of the week: Volo

Rocket Internet acquires restaurant delivery service Volo By Steve O’Hear From Techcrunch Well, what do we have here? Just a couple of days after participating in European restaurant delivery service Take Eat Easy’s €6 million Series A funding round, ‘startup…

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Anna Ramirez, fisher lady of Punta Gorda, recognized as Fisher of the Year

Belize City, 29 June 2015–Since she was 7 years old, Anna Ramirez, now 63, has been fishing with her family off the coast of Belize’s southernmost district – Toledo, but her gender has not stopped her from working just as…