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Caribbean Congress of Labour and Caribbean Employers’ Confederation agree to establish formal national bipartite forums

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The Caribbean Congress of Labour (CCL) and the Caribbean Employers’ Confederation (CEC) have agreed to the establishment of formal bipartite forums in each of the fifteen Caribbean States.

According to President of the CCL, David Massiah and President of the CEC, Wayne Chen, these forums will deepen cooperation between trade unions and employers’ organizations to better coordinate research and advocacy on matters of mutual importance.

Chen says he believes that “these bipartite forums will mark a new era in the cooperation between workers’ and employers’ organizations that will no doubt improve the region’s business climate.” He was speaking at the two day Regional Bipartite Meeting which closed off in Guyana yesterday.

One of the key conclusions of the meeting was a recognition of the need for both employer and worker representatives to be more closely involved in the curriculum and strategy development of national vocational and technical training institutions.

The participants determined from a practical perspective, whether the fundamental labour principles prohibiting child labour, forced labour and discrimination along with the right to freedom of association and to bargain collectively were in place in each country. These four areas form the platform for the implementation of the ILO’s Decent Work Agenda.

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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8 years ago

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November 24, 2016

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JSE Online Trading Platform

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November 24, 2016

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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8 years ago

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July 11, 2016

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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9 years ago

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June 27, 2016

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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9 years ago

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June 27, 2016

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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