Camper & Nicholsons Grenada Services Ltd has officially announced the sale of a 2010 Rib Craft, inviting interested buyers to submit their bids. The vessel, measuring 6.4 meters (21 feet) in length, features a white hull and grey tubes, powered by two 60 HP Yamaha engines running on 4-stroke gasoline. Notably, the outboards require repairs, and the sale is final, with the Rib Craft to be sold ‘as seen.’ The minimum bid has been set at EC$35,000.00, and sealed bids must be submitted to the Human Resource Manager by October 17, 2025. Prospective buyers are encouraged to call 415-0827 to schedule a viewing appointment. Additionally, the purchased Rib Craft must be removed from the PLM site within five days of the sale. NOW Grenada has clarified that it is not responsible for the opinions, statements, or media content presented by contributors and has provided a reporting mechanism for any instances of abuse.
分类： business
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World Trade Center Georgetown urges entrepreneurs to “Build Local, Think Global, Lead with Resilience”
In a bid to capitalize on Guyana’s unprecedented economic growth, the World Trade Center Georgetown (WTCG) has called upon entrepreneurs to adopt a forward-thinking approach rooted in local development, global outreach, and resilience. This message was delivered by WTCG Executive Director Wesley Kirton during GrowthCLUB #41, a quarterly training session organized by Action COACH and supported by WTCG, Demerara Bank Limited (DBL), and the Institute for Private Enterprise Development (IPED). The event, attended by over 100 entrepreneurs, emphasized the Center’s dedication to bolstering micro, small, and medium-sized enterprises (MSMEs) through strategic training and global networking opportunities. Kirton highlighted the extensive reach of the WTC network, which comprises over 300 centers and more than one million companies worldwide, enabling businesses to expand their trade horizons. He also announced the formal launch of WTC Georgetown, scheduled for October 19–23, 2025, featuring seminars on trade show preparation, financing, and international trade trends. Kirton urged entrepreneurs to embrace three core principles: building locally to meet community needs, thinking globally to leverage digital opportunities, and leading with resilience to overcome challenges. He concluded with a rallying cry for Guyana’s entrepreneurs to create sustainable, future-ready businesses that drive innovation and economic growth.
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Ex-cop charged with attempting to fraudulently withdraw GY$35 million from bank
A former police officer, Omari James, has been charged with four criminal offenses following an alleged attempt to fraudulently withdraw GY$35 million (approximately $170,000 USD) from the Guyana Bank for Trade and Industry (GBTI) Diamond Branch. The 26-year-old laborer, residing in Farm Housing Scheme, East Bank Demerara, appeared before Magistrate Wanda Fortune on Monday, September 29, 2025, and was remanded to prison without bail until October 31, 2025. According to police reports, James entered the bank on September 25, 2025, presenting forged documents, including a national identification card and a driver’s license under the name Shameer Ali, along with a withdrawal slip for the substantial sum. The teller, upon reviewing the documents, noticed discrepancies in the date of birth and photograph compared to the bank’s records, leading to James’s immediate arrest. He faces charges of uttering forged documents and demanding money through fraudulent means. This incident highlights ongoing concerns about financial fraud and the misuse of forged identification in Guyana’s banking sector.
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Forex: $161.22 to one US dollar
KINGSTON, Jamaica — The United States dollar demonstrated a notable uptick in its value against the Jamaican dollar on Tuesday, September 30, closing at $161.22, marking an increase of 17 cents. This development was highlighted in the Bank of Jamaica’s daily exchange trading summary, reflecting the ongoing dynamics in the foreign exchange market. Concurrently, the Canadian dollar also experienced a rise, ending the day at $116.51, up from its previous close of $116.11. Similarly, the British pound saw a significant surge, concluding the trading session at $216.87, compared to $214.99 the day before. These fluctuations underscore the volatile nature of global currency markets and their impact on local economies. The strengthening of major currencies like the US dollar, Canadian dollar, and British pound against the Jamaican dollar could have broader implications for trade, investment, and economic stability in the region.
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Jamaica coffee exporters’ delegation exploring opportunities in Japan
Tokyo, Japan — A high-profile delegation from the Jamaica Coffee Exporters Association (JCEA) has arrived in Tokyo to participate in a pivotal joint meeting with the All Japan Importers of Jamaican Coffee. The event, held at the prestigious Big Sight Convention Centre, also includes representatives from the Jamaica Agricultural Commodities Regulatory Authority (JACRA). Dr. Norman Grant, Chairman of the JCEA, highlighted the association’s ambitious plans to evolve into the Jamaica Coffee Manufacturer and Exporters Association (JCMEA), reflecting its expanded role in manufacturing. Additionally, JCEA members have achieved international certifications such as HACCP, SQF, USFDA, and Rainforest, underscoring their commitment to quality and safety. Grant emphasized the positive trend of increased engagement among coffee farmers, driven by rising cherry coffee prices over the past three years. He also noted significant improvements in quality at both farm and processing levels, with higher pass rates in JACRA’s quality tests. Despite these advancements, challenges persist, including reduced margins for processors due to the disparity between rising cherry prices and stagnant export prices. On a brighter note, global demand for Jamaica Blue Mountain Coffee is surging, prompting the JCEA to set ambitious goals: doubling production from 220,000 to 450,000 boxes by 2030, enhancing farm yields, and improving quality. The association is also focusing on sustainability, maintaining ISO 9001:2015 certification, adopting new technologies, reducing the industry’s carbon footprint, and collaborating with scientific research bodies to refine the Jamaica Blue Mountain Coffee strain.
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Central Bank of Bahamas says economy grew at moderate pace in August
The Central Bank of the Bahamas (CBB) has reported that the domestic economy experienced moderated growth through August 2025, aligning closer to its medium-term potential. While tourism output slowed due to constraints in the high-value stopover segment, the cruise sector remained resilient, buoyed by robust earnings and foreign investments in onshore private destinations. However, the unemployment rate rose in the first quarter of 2025, driven by a decrease in employed individuals and an increase in labor force participation. Monetary trends for August were marked by a contraction in banking sector liquidity, as domestic credit growth outpaced deposits, and external reserves declined due to net foreign currency outflows. Tourism sector earnings also slowed compared to 2024, primarily due to accommodation capacity constraints in the stopover segment. Official data revealed a 3.3% decline in total arrivals for July 2025, with sea passengers decreasing by 3.8% and air traffic by 0.9%. The short-term vacation rental market saw a 1% increase in room nights sold, but occupancy rates declined. The average daily room rate (ADR) for entire place listings rose by 11.8%, while hotel comparable listings saw a 1.1% increase. Labor market conditions worsened in the first quarter of 2025, with the unemployment rate climbing to 10.8% and youth unemployment reaching 20.9%. External reserves decreased to $74.7 million in August, with the central bank’s net foreign currency outflow to the public sector widening. The CBB forecasts slower economic growth in 2025, driven by tourism sector performance, ongoing foreign investments, and global trade uncertainties.
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NOTICE to The following persons or anyone knowing their whereabouts
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LETTER: VC Bird International Airport Saved!
Antigua’s VC Bird International Airport (VCBIA) has been given a new lease on life, thanks to the expertise of Miguel Southwell, a globally respected aviation professional. Southwell, who previously managed Miami Airport and Atlanta’s Hartsfield-Jackson International Airport—the world’s busiest—has returned to his homeland to spearhead the transformation of VCBIA. His U.S.-based aviation services company, now internationally acclaimed, has taken on the challenge of overhauling Antigua’s small yet strategically significant airport in the Caribbean region. This move is seen as a labor of love, given the airport’s historical struggles with inefficiencies and the lingering effects of the Allen Stanford financial scandal. The Antiguan government has been praised for its decision to prioritize the modernization of VCBIA, which serves as the nation’s gateway to the world. The project includes a comprehensive assessment of the airport’s infrastructure and administrative systems, aiming to elevate it to the standards of a premier international hub. Additionally, efforts are underway to resolve longstanding issues related to private land ownership within the airport’s footprint, a matter championed by the late National Hero, Sir Lester Bird. This initiative marks a pivotal moment for Antigua’s aviation sector, promising enhanced operational efficiency and a brighter future for the island’s tourism and economic growth.
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S&P lift positive, but investment grade remains goal, says Bowe
NASSAU, BAHAMAS — The Bahamas has received a one-notch credit rating upgrade from Standard & Poor’s (S&P), moving from ‘BB-‘ to ‘BB’ with a stable outlook. While this development is a positive step, Gowon Bowe, Group CEO of Fidelity Bank & Trust International Limited, emphasizes that the ultimate objective is to achieve investment-grade status, not merely incremental improvements. Bowe stated, ‘It is a one-notch upgrade, which is certainly to be recognized as positive and celebrated, but also to be put into context. Our objective is really to move from non-investment grade into investment grade.’ He highlighted that the true value of S&P’s action lies in the narrative of reforms required to sustain and build upon this progress. S&P’s report underscored the importance of fiscal policy, energy reform, and the fragility of the tourism sector. Bowe noted that S&P has placed significant emphasis on the reduction of the fiscal deficit, the successful refinancing of foreign currency debt at moderate interest rates, and the need for energy reforms to stabilize power costs. He also pointed out the vulnerability of the tourism sector to global economic downturns, particularly in the United States, where elevated inflation and interest rate volatility could negatively impact tourism. Additionally, Bowe stressed the importance of implementing the country’s corporate minimum top-up tax, which has been enacted but not yet enforced. He called for the government to focus on realistic fiscal targets and long-term planning, including a national development plan spanning 25 years or more. S&P’s upgrade reflects The Bahamas’ progress in reducing fiscal deficits, stabilizing its debt-to-GDP ratio, and successfully refinancing external debt. However, the agency cautioned that the country’s high reliance on tourism, vulnerability to external shocks, and challenges in the energy sector remain constraints on the rating. The government welcomed the upgrade as a recognition of its fiscal responsibility and reform agenda, reaffirming its commitment to further economic strengthening, growth diversification, and resilience improvement.
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Repairs to Paruima Airstrip to be completed within two months – Edghill
The Paruima airstrip in Upper Mazaruni, Region Seven, is on track to reopen within the next two months following extensive repairs, as announced by Minister of Public Works Bishop Juan Edghill. The airstrip, which underwent a significant upgrade from a grass patch to a durable all-weather concrete strip, was temporarily closed due to surface defects identified shortly after its completion. The contractor, International Import and Supplies, was mandated to address these issues at its own expense. Notably, the contractor has exceeded expectations by not only rectifying the defects but also adding a new layer of stone to enhance durability. This upgrade is anticipated to significantly improve connectivity and development for the Amerindian village of Paruima, which has historically faced challenges due to adverse weather conditions. The opposition Alliance For Change (AFC) had previously raised concerns about the airstrip’s quality after an incident where a plane’s wheel became stuck, requiring manual intervention to move the aircraft. In addition to the Paruima project, the Ministry of Public Works is advancing similar upgrades on other airstrips in Region Seven, including Eteringbang, Karisparu, and Ekereku Bottom, to bolster hinterland transport and accessibility.