The Cable

(Caribbean 360 News): KINGSTON, Jamaica, Thursday, August 23, 2012 – The Jamaican government has doubled its allocation of grants available to entrepreneurs through the Ministry of Labour and Social Security’s Steps-to-Work programme. 

The ministry now has some JAM$42 million available in entrepreneurial grants this year to disburse in assisting people across the island to establish small businesses.

This amount represents a 100 per cent increase over last year’s allocation, and will see participants in Programme of Advancement Through Health and Education (PATH) households, who are engaged in the Steps-to-Work project, receiving up to JAM$100,000.00 in grant funding.

Addressing participants at the closing ceremony of the PATH/Steps-to-Work programme, at the Cambridge High School recently, Minister of Labour and Social Security, Derrick Kellier, said that investing in a person’s education; and improving his or her skills, are sure ways of improving productivity.

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Press Release : BASSETERRE, ST. KITTS, (CUOPM) – American Airlines which operates a scheduled daily non-stop flight from Miami International Airport to St. Kitts’ Robert L. Bradshaw International Airport is to add two-nonstop flights to St. Kitts in November bringing the number of flights from the Sunshine State to nine weekly.

According to the St. Kitts Tourism Authority’s Public Relations firm in New York, the two additional flights beginning on November 16, 2012, just in time to impact the peak winter 2012/2013 travel season will operate from Miami on Fridays and Sundays, supplementing the carrier’s existing daily non-stop service from Miami and allowing for more connections from North American and international feeder markets.  

The southbound American Airlines flight AA1153 will depart Miami (MIA) at 4:45 p.m. and arrive into St. Kitts’ Robert L. Bradshaw International Airport (SKB) at 8:35 p.m. every Friday and Sunday.

The northbound return flight AA1726 will depart St. Kitts at 8:40 a.m. and arrive into Miami at 11:05 a.m. every Saturday and Monday.

American Airlines will use a Boeing 737-800 aircraft with 144 Economy Class seats and 16 Business Class seats for this flight.  All flights are listed in local time.    

St. Kitts and Nevis’ Minister of Tourism and International Transport, Sen. the Hon. Richard Skerritt said the addition of two rotations over critical weekend days from Miami will provide additional options for travelers to and from the twin-island Federation.

“These flights will meet the growth in demand that we anticipate in 2013 and are ideally timed for moving honeymoon and romance travelers as well as meeting and incentive groups, presenting us with more opportunity to build upon these key niche North American markets.”

“With additional service to St. Kitts, American Airlines now offers customers even more travel options and convenient access to one of the Caribbean’s most tranquil isles,” said Art Torno, American’s Vice President – Mexico, the Caribbean and Latin America.

“We are pleased to expand our service to this beautiful and breathtaking destination,” he added.

The move increases American Airlines’ service to St. Kitts’ Robert L. Bradshaw International Airport from its major Miami hub to nine flights per week. American Airlines also operates a twice weekly service from New York’s John F. Kennedy International Airport to St. Kitts.

 

 

Basseterre, St. Kitts (CUOPM): More job opportunities for the people of St. Kitts and Nevis. Church’s Chicken is to open its first outlet in St. Kitts in December 2012 and is inviting applications for cashiers, cooks, supervisors and managers. It is understood that successful applicants will undergo a two-month period of training in St. Lucia.

During the opening of the first Rituals Sushi at Frigate Bay in March this year, franchise owner Mr. Sabga-Aboud announced he had received permission from Church’s Chicken, the second largest international fried chicken chain of the world, for his company to open a franchise in St. Kitts.

“I convinced the senior vice president to come down and visit St. Kitts. I told them how excited I was about St. Kitts. So he came down here. He spent a day with me going around St. Kitts. We drove around the island. I took him up to some of the historical sites and when he left, he told me ‘my God Mario, I now I see exactly why you are so excited,” said Sabga-Aboud at the opening. He said then that two stores will be opened in St. Kitts, one this year and one next year.

Mr. Sabga-Aboud's company has 123 restaurants in Trinidad and Tobago made up of Pizza Boyz, Church’s Chicken, Ritual’s Coffee, Ritual’s Diner, Rock and Roll – which is a Chinese Takeout, Doughnut Boyz and VIP Flyers’ Club. There are 48 Ritual brand locations in Trinidad with 8 at the Trinidad International Airport and 17 Ritual stores spread over 8 islands including Suriname, Guyana - two at the International Airport, Curacao, Barbados and Jamaica. Pizza Boyz outlets are in Suriname, St. Lucia and Guyana. The company serves over three million customers a month in 140 stores throughout the Caribbean.

 

Basseterre, St. Kitts (CIBC): CIBC FirstCaribbean International Bank St Kitts and Nevis now has a new Country Manager, in the person of Ms Ladesa James. As Country Manager and Head of Corporate, Retail and  Operations, Ms James will report directly to Mr. Michael Mansoor, Executive Chairman, CIBC FirstCaribbean. Ms James, who has been employed with the organization since 2001 is Antiguan and brings to the leadership of the St Kitts and Nevis business her  experience in the  banking industry  particularly in the areas of  personal and corporate lending, relationship  management and human resources. She has worked in a number of 

CIBC FirstCaribbean locations including  St. Kitts and Nevis, the  Bahamas, Antigua and most recently Barbados.  Commenting about her appointment, Ms James says that her banking career started eleven years ago, in St. Kitts and Nevis where she  was embraced by staff, clients and the community; and that as such the island has always held a special place in her heart. Ms James said “I am happy and excited to be back and honoured to be leading the charge as we demonstrate to the community that CIBC FirstCaribbean is here  For What Matters. We look forward to serving you, the general public,  and we are excited to offer creative and innovative solutions for all your needs,  as we work towards building long-lasting relationships.”

The new Country Manager will continue to lead the  adoption of the new CIBC FirstCaribbean brand elements, which  began in June 2011. The public would have noted the new CIBC FirstCaribbean look, on its buildings in Basseterre and Charlestown and the new uniforms being worn by staff. Internally, the bank is also displaying the revised CIBC FirstCaribbean logo and colours. The public is invited to visit the bank to view the new look and to see the displays mounted in the banking hall on  Hurricane Awareness,  exciting offers on loans for Back to School and Vacation which have been created by staff to heighten awareness of the products which the bank provides to assist in these areas.

As one of the largest financial institutions in the region, CIBC FirstCaribbean International Bank serves the Caribbean with approximately 3,400 employees, more than 100 branches offices and client centers, and 120 automatic banking machines in 17 regional markets. The bank is committed to building enduring client relationships through trusted advice and superior service.

 

(Reuters): - Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.

Apple shares rose 2.6 percent, bringing its gains this month to almost 9 percent as Wall Street bets on the September 12 rollout of the latest version of the iPhone, the device that revolutionized the mobile industry.

Microsoft, however, retains the title of history's most valuable company if its 1999 peak value of about $621 billion were to be adjusted for inflation.

Apple's stock usually rallies in the run-up to major product launches, among the most heavily watched events on the annual tech calendar. The iPhone is the company's biggest product, yielding half or more of its sales.

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