In a significant shift in the retail and financial sectors, Standard Distributors, a prominent appliance and furniture dealer with an 80-year legacy, has been acquired by digital finance firm Term Finance (Trinidad & Tobago) Limited. The unexpected announcement marks the end of an era for the long-standing retailer, which will now relaunch as Standard Credit. Term Finance, already a key player in short-term lending across the Caribbean, will integrate Standard’s extensive hire purchase portfolio into its operations. The Trinidad-based conglomerate ANSA McAL, which facilitated the sale, confirmed that some Standard employees have been laid off, while others will be reassigned within the ANSA McAL Group. The financial terms of the deal remain undisclosed. ANSA McAL emphasized its commitment to supporting affected employees through enhanced separation packages, access to wellbeing and financial planning services, and job fairs in Trinidad and Barbados this month. Term Finance’s Chief Operating Officer, Nicholas Farah, stated that the rebranding to Standard Credit signifies the company’s entry into the high street market, aiming to preserve customer trust while introducing innovative financial solutions. Term Finance, backed by major shareholders PointWest Capital and the First Citizens Group, operates across Guyana, Jamaica, and St Lucia, and recently acquired My Finance Grenada Ltd. Customers with existing hire purchase agreements will experience a seamless transition, with no disruptions to their payment schedules.
作者: admin
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Premier Brantley Bids Fond Farewell to Cuban Ambassador, Commends His Contribution to Nevis
In a heartfelt farewell ceremony, Premier Mark Brantley of Nevis expressed deep gratitude to His Excellency David Rivero Pérez, the outgoing Cuban Ambassador to St. Kitts and Nevis, for his significant contributions to bilateral relations. The event, held at the Premier’s office, marked the conclusion of Ambassador Pérez’s four-year tenure, during which he played a pivotal role in enhancing cooperation between Cuba and the Federation, particularly in health and education. Premier Brantley highlighted the Ambassador’s efforts in facilitating scholarships for Nevisian students to study medicine in Cuba, emphasizing the lasting impact of his work. Ambassador Pérez, accompanied by Counselor Ivón Tomé, reflected on the strong ties between Cuba and the Caribbean, reaffirming Cuba’s commitment to continued collaboration. He also announced an expansion of Cuba’s scholarship program for 2026, offering additional opportunities for young Nevisians and Kittitians. The Ambassador’s visit included meetings with key officials, including Senator Jahnel Nisbett, Minister of Health, who praised the tangible benefits of the Nevis-Cuba partnership in healthcare. The event underscored the enduring friendship and mutual support between the two nations.
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“I Am TDC” Recruitment Fair
The much-anticipated ‘I Am TDC’ Recruitment Fair is set to take place on Tuesday, November 4, 2025, at 6:29 PM. This event, organized by TDC, aims to connect job seekers with a wide range of career opportunities across various industries. The fair is expected to attract a diverse pool of candidates, from recent graduates to experienced professionals, all eager to explore potential roles within the organization. TDC has emphasized its commitment to fostering a dynamic and inclusive workplace, making this event a pivotal moment for both the company and prospective employees. Attendees will have the chance to engage with recruiters, participate in on-the-spot interviews, and gain insights into TDC’s corporate culture and values. The ‘I Am TDC’ Recruitment Fair underscores the organization’s dedication to talent acquisition and its vision for future growth.
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Gonsalves dismisses NDP’s latest proposals as ‘gimmicks’
In a fiery campaign event in Murray’s Village, Prime Minister Ralph Gonsalves of St. Vincent and the Grenadines lambasted the policy announcements made by Opposition Leader Godwin Friday, branding them as mere ‘gimmicks.’ Gonsalves, leader of the Unity Labour Party (ULP), criticized Friday’s proposals, which include a 50% duty reduction on vehicles for public sector workers with a decade of service, two annual VAT-free shopping days, a $500 ‘baby bonus’ for parents, and equipment concessions for creatives. Gonsalves dismissed these ideas as impractical and poorly thought out, citing examples from other Caribbean nations where similar measures failed. He particularly ridiculed the ‘baby bonus,’ questioning its feasibility and insulting its implications for women. Gonsalves also highlighted existing government programs, such as the National Insurance Services’ maternity grant and ongoing support from the Ministry of National Mobilisation, which already provide substantial financial aid. The Prime Minister further criticized the proposed vehicle duty reduction, estimating it could cost the government EC$76 million and create administrative chaos. He accused the New Democratic Party (NDP) of desperate attempts to regain power after nearly 25 years in opposition. The ULP, seeking a historic sixth consecutive term in the upcoming November 27 general election, emphasized its focus on forward-thinking policies like e-government initiatives and infrastructure development, contrasting them with what Gonsalves called ‘damn foolish gimmicks.’






