PORT OF SPAIN, Trinidad - Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline? Can Caricom, as a group of struggling economies, continue to have half a dozen national airlines, all of them losing hundreds of millions of dollars annually?
PORT OF SPAIN, Trinidad - The Caribbean Airlines (CAL) board has directed that its acting chief executive Robert Corbie provide a report on why the company has to potentially write off $200 million in cargo revenue and credit card fraud.
Chairman Rabindra Moonan, in a telephone interview yesterday, observed that those losses are the responsibility of the company’s management.
He said that matter was top of the agenda at CAL’s marathon board meeting at the company’s head offices in Piarco yesterday.
PORT OF SPAIN, Trinidad - In his book, Re-engineering Management, James Champy states: The results are in: Re-engineering works—up to a point. The obstacle is management. The only way we’re going to deliver on the full promise of re-engineering is to start re-engineering management. The problem is, current Caribbean leaders will not acknowledge that leadership models across the Caribbean are badly broken, let alone that they are the one who need reengineered mindsets.
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) ministers of transport will meet in St. Vincent and the Grenadines later this month and are likely to make recommendations that will go before regional leaders at their annual summit in Trinidad and Tobago in July on the vexing question of air and maritime transportation in the Caribbean.
CARICOM Secretary General Irwin La Rocque told the Caribbean Media Corporation (CMC) that last week, a task force of air transportation officials met to discuss a review of the CARICOM Air Multilateral Services agreement.
KINGSTON, Jamaica - UNITED Nations Secretary General Ban Ki-moon issued a warning to the world's business community yesterday that, we believe, is most pertinent to Jamaica and indeed our sister Caribbean states.
According to Mr Ban, economic losses linked to disasters are "out of control" and will continue to escalate unless disaster risk management becomes a core part of business investment strategies.
KINGSTON, Jamaica - Until now, the debate about Jamaica's relationship with the Caribbean Community (CARICOM) has been emotive and huffing.
The core of the issue is Jamaica's near US$1 billion trade deficit with the community, the bulk of which is with Trinidad and Tobago.
Jamaica mostly place the blame for this state of affairs on claims that Port-of-Spain breaks regional trading rules by providing energy subsidies to its manufacturers, who in turn cheat on the rules of origin for their products.
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) Foreign Ministers ended a two-day meeting here on Wednesday night agreeing on a number of new initiatives to give the Caribbean a greater role in global economic and political situations.
CASTRIES, St. Lucia, CMC – The St. Lucia government says it will pay a four per cent increase to all public servants even though members of the Civil Service Association (CSA) had voted last month to reject the government’s offer and settle for a wage freeze. Government said that the increase will be a one per cent in the first year followed by a 1.5 per cent hike for the remaining two years. Public Service Minister Dr. James Fletcher said CSA members still had the option of writing to their respective permanent secretaries informing of their wish not to receive the salary increases.