Posts Tagged ‘Caribbean’

Mastercard Study Shows Consumers in LAC Make the Move to Contactless Payments

Consumers cite simplicity, cleanliness and speed through checkout experience as contactless payments booster

– Mastercard champions effort to raise limits for contactless payment transactions across Latin America & Caribbean

MIAMI, April 30, 2020 /PRNewswire-HISPANIC PR WIRE/ – During first quarter of 2020, as many countries imposed necessary restrictions on social distancing, a growing number of consumers in Latin America & Caribbean (LAC) turned to contactless payments for necessary purchases, a new Mastercard study shows. According to the survey, 35% of people in the region have increased their usage of contactless payments, citing simplicity, safety and cleanliness.

Consumer polling by Mastercard paints a picture of accelerated and sustained contactless adoption. This shift in consumer behavior is particularly clear at checkout as people express a desire for contactless cards and concerns over cleanliness and safety at the point of sale, according to the study. In fact, findings of the study show that the impact of social distancing and other safety guidelines on consumer payment behavior is extensive:

  • 56% of Latin Americans said they are more aware of dirtiness of cash.
  • 84% of Latin Americans believe contactless is a cleaner way to pay.

1.        Mastercard’s own initiatives, along with the intelligence of its technology, data analytics and investments in security, will continue to propel a world beyond cash. Already, more than half of consumers around the world (63%) are using cash less often, or not at all, since the pandemic began. The same is true in LAC, where on average 66% of consumers are using cash less often, or not at all:

  • 77% of Brazilians indicated that they are using cash less, or not at all, since the pandemic.
  • 61% of Colombians indicated that they are using cash less, or not at all, since the pandemic.
  • 68% of Costa Ricans indicated that they are using cash less, or not at all, since the pandemic.
  • 58% Dominican Republicans indicated that they are using cash less, or not at all, since the pandemic.

2.       Consumers are quickly appreciating the benefits of contactless payments with 79% across LAC finding them more secure when compared to keeping or paying with cash. Additionally, regional consumer polling by Mastercard indicated sustained contactless usage with consumers preferring the quick and efficient checkout experience.

  • 78% of Latin Americans indicated they will continue using contactless payments even after the pandemic is over.
  • The belief was even stronger among those under the age of 35, where 82% of this population indicated continued use post-COVID.

“As we all experience the first global pandemic in an age defined by the digitalization of our lives, contactless card payments have taken on a new urgency. It has been both encouraging and gratifying to see our partners throughout the LAC region adopt the changes and acceleration of contactless. The technology is available, and it’s clear that the change we are witnessing in consumer behavior is here to stay,” said Walter Pimenta, Senior Vice President, Products & Innovation, Mastercard Latin America and Caribbean.

Accelerating faster, cleaner, safer payments
Throughout the world, Mastercard has been spearheading the transition to contactless for more than 15 years, championing it as the simple, safe and fast way to pay. As a region with countries where contactless technologies are a newer experience, LAC has seen a rapid increase in infrastructure, with 75% of point of sale terminals ready to accept contactless transactions, and 60% of financial institutions issuing contactless-enabled cards.

In March, Mastercard led a move to increase the contactless payment limits across the LAC region as people looked for safer ways to pay in the wake of the COVID-19 pandemic. Today, four countries have already raised their contactless payment limits including, Colombia, Argentina, Dominican Republic and Costa Rica, with many others expected to follow soon. The initiative is in line with similar actions taking place around the world as health officials recommend social distancing and a growing number of merchants are encouraging consumers to pay with contactless instead of cash to avoid contact.

“As the spread of COVID-19 highlights the steadfast mindset for ‘contact-free’ environments and experiences in many aspects of our lives, the increased interest in contactless payments is far reaching. We believe in providing consumers with the freedom of choice in how they pay and peace of mind when they pay. With increased convenience and security, we look forward to expanding the contactless footprint more than ever before,” added Pimenta.

Contactless Payments Growth
As consumers increasingly seek out ways to quickly get in and out of stores without touching terminals, Mastercard data reveals over 40% growth in contactless transactions globally in the first quarter of 20201. Further, 80% of contactless transactions are under $25, a range that is typically dominated by cash. LAC, a less mature region when it comes to contactless penetration, saw exponential growth, with contactless transactions up 500% overall since March of last year.

While countries worldwide are at different stages of contactless card deployment and usage for daily shopping habits, Mastercard’s insights on grocery and pharmacy trends – two areas where many day-to-day essentials are being purchased – showed that nearly all regions experienced significant spikes in February and March. Further, reinforcing changing behaviors and consumer checkout preferences, Mastercard saw the number of contactless card payments at grocery stores and pharmacies grow twice as fast as non-contactless transactions globally2.

Notes to Editors:

1 Growth calculated as the percentage increase in contactless transactions compared to the percentage increase in non-contactless transactions, comparing March 2020 to March 2019, at Grocery and Pharmacy categories

2Growth calculated as the percentage increase in contactless transactions compared to the percentage increase in non-contactless transactions, comparing March 2020 to February 2020, at Grocery and Pharmacy categories

Survey Methodology

  • Online interviews of 17,000 consumers in 19 countries worldwide
  • 1,000 banked respondents per country in the US and Canada (North America); Australia, Singapore (Asia Pacific); UAE, Kingdom of Saudi Arabia, South Africa (Middle East and Africa); UK, Italy, France, German, Spain, Poland, Russia, the Netherlands (Europe).
  • 500 banked respondents per country in Brazil, Costa Rica, Dominican Republic, and Colombia (Latin America and the Caribbean)
  • Research conducted April 10-12, 2020
  • Nationally representative sample
  • Readable sample sizes of:
    • Gen Z/Millennials
    • Affluent [defined at a country level]
    • Contactless users
    • Primary shoppers
    • Those with high levels of concern about Covid-19

About Mastercard
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

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FRANCES-ANNE SOLOMON’S HERO OPENS LA’S 28th ANNUAL PAN AFRICAN FILM & ARTS FESTIVAL

Caribbean Film Hero To Open LA’s 28th Annual Pan African Film & Arts Festival

HERO_Castle_groupShot

CaribPR Wire, Weds. January 8, 2020 (Toronto, ON) – CaribbeanTales Media Group, California Pictures and Imagine Media International announce the screening of their feature film HERO: Inspired by The Extraordinary Life and Times of Ulric Cross directed by Canadian-Caribbean filmmaker Frances-Anne Solomon at the Opening Night of the Pan African Film & Arts Festival (PAFF) on Tuesday February 11th, 2020 at the Directors Guild of America Theater, 7920 Sunset Boulevard, Los Angeles.

“To be selected as the opening film for this prestigious festival is an honour,” says Solomon. “It’s a go-to event for Black Hollywood and to be recognized in this way by an audience of my peers is important to me as a Caribbean filmmaker of African descent.”

PAFF is the largest Black film festival in America with approximately 200 films from around the world and 100 fine artists participating in the largest Black History Month cultural event in the United States. The festival will be held from February 11 – February 23, 2020 at the Cinemark Rave 15 Theaters and the Baldwin Hills Crenshaw Plaza in Los Angeles. The Academy of Motion Picture Arts and Sciences (AMPAS) designated PAFF as an official qualifying film festival for live action and animation short films.

“We are very excited to screen HERO and share the triumphs and victories of Judge Ulric Cross and his Pan African brothers, which led to the creation of our modern world. It is truly an honour for me personally, as well as the Pan African Film Festival to present and create awareness about this great, important, enriching and entertaining story,” said Ayuko Babu, executive director of PAFF.

HERO is inspired by the extraordinary life and times of Trinidad and Tobago citizen, diplomat and judge Ulric Cross, the most decorated West Indian of World War II. He was a member of the highly decorated group of Caribbean pilots who flew combat missions for the United Kingdom’s Royal Air Force (RAF) in World War II. After his service, Cross went on to play an active and important role in the Pan African Movement, which led to the creation of the 28 modern Caribbean and 54 modern African nations.

HERO--Official-Poster

“I first had the opportunity to see Hero in London’s Piccadilly Circus and was captivated by the depth and flavors of Ulric Cross’ life,” says Steven Istock of California Pictures. “I immediately knew I wanted to be involved in helping spread awareness of this great man’s story and impact around the world.”

Funded by Canada’s Telefilm and Trinidad’s Republic Bank, HERO boasts an all-star international cast that includes Trinidad and Tobago’s Nickolai Salcedo , in the lead role of Ulric Cross, alongside Canada’s Peter Williams ( Stargate SG1 ), UK stars Joseph Marcell ( Fresh Prince of Bel Air ), Fraser James ( Resident Evil ), Pippa Nixon ( John Carter ), and Ghanaian superstars John Dumelo, Adjetey Anang and Prince David Oseia.

“PAFF is an important platform in the US for our film HERO, which has captured the imagination of viewing audiences around the world,” said Executive Producer Lisa Wickham of Imagine Media International. “We are thrilled at the auspicious recognition it has received as the Opening Film for PAFF 2020.

An award-winning filmmaker, producer, curator and entrepreneur, Solomon is a 2019 member of the Academy of Motion Picture Arts and Sciences . HERO is her third feature film and has received critical acclaim on its worldwide tour, that has included a theatrical run in the U.K. Following a successful career as a TV Drama Producer and Executive Producer with the BBC in England, Solomon launched the CaribbeanTales Media Group in Canada and Barbados that includes an international film festival and distribution company. Full bio: www.francesannesolomon.com

MEDIA INQUIRIES:

For media inquiries and interviews with Frances-Anne Solomon contact:

Fennella Bruce |647.290.7610 | fennella@fkbmedia.com

FOLLOW HERO ON SOCIAL:

Facebook: @Hero4Alltime

Instagram: @Hero_Film

Twitter: @Hero_Film

Visit the HERO Website

HERO World Tour Official Trailer

CaribbeanTales (CTMG) is a group of media companies that produces, markets, exhibits and distributes Caribbean-themed films from around the world, including CaribbeanTales Inc – a registered Charity in Canada, and CaribbeanTales Worldwide Distribution. Activities include The CaribbeanTales International Film Festival (CTFF), now in its 15th year; the renowned CaribbeanTales Incubator Program (CTI) – a year-round development and production hub for Caribbean, Diaspora, and diverse Producers; CaribbeanTales-TV a VOD streaming service; and CaribbeanTalesFlix, its production arm. More info at www.caribbeantales.org

About California Pictures

California Pictures was originally founded in 1944 by Howard Hughes and Academy Award winner Preston Sturges and reincorporated in 2008 by Steven Istock. The company is focused on creating great movies and television content with dynamic characters, strong and personally identifiable themes and powerful journeys for a worldwide audience.

California Pictures is an international production and distribution company, exhibiting and selling independent films across the world. They produce and sell films at the Cannes, American, Berlin and Hong Kong film markets and represent a diverse group of filmmakers and projects from around the world including England, China, India, Jamaica, Mongolia, Canada, Denmark, Australia, South Africa, Scotland, Nigeria, Russia, Barbados, Columbia, and Cambodia.

About Imagine Media

Imagine Media International Limited is an award-winning, full-service, production Company, based in Trinidad and Tobago and South Africa. Founded by award-winning, Producer-Director & Media Personality Lisa Wickham, the Company provides content creation across all media platforms, event management, marketing & PR Services, graphic design and training & consultancy. Imagine Media has developed and coordinated projects in Europe, North America, Africa and several Caribbean countries.

About The Pan African Film Festival

Over the past 27 years, The Pan African Film & Arts Festival has sought to increase cultural awareness and bridge diverse communities from the African diaspora by providing a creative safe space for the development and expression of the Black narrative through film, poetry, art and music.

PAFF’s legacy is evidenced by the success of storytellers and award-winning actors and actresses who’ve spotlighted their work at the festival, including such names as Denzel Washington, Kevin Hart, Jamie Foxx, Ryan Coogler, Alfre Woodard, Ava Duvernay and countless others. The festival’s platform proudly serves as a conduit for the careers of thousands of talented actors, actresses, directors, producers and executives; many of whom have gone on to win the industry’s top honors.

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The Caribbean’s First Non-Profit Investigative News Network Launches

-CIJN releases four hard-hitting investigations-

KINGSTON, Jamaica, Jan. 6, 2020 /PRNewswire-HISPANIC PR WIRE/ – The Caribbean Investigative Journalism Network (CIJN) just launched with the unveiling of four deep dive exposés produced by over a dozen Caribbean journalists. CIJN is a project of the Media Institute of the Caribbean (MIC) which is headquartered in Kingston, Jamaica.

The four long-form multimedia investigative stories were led by former Los Angeles Times publisher and editor, Davan Maharaj; former CNN anchor and correspondent, Jim Clancy; senior Caribbean journalist, Wesley Gibbings; and Caribbean-based media executive, Kiran Maharaj.

Maharaj, President of MIC and Co-founder of CIJN, said the CIJN initiative was meant to “create space for our Caribbean region on the global map of quality investigative reporting…. in small island nations we are straddled with the constraints of lack of resources, and the constant fear that our identities will be known and our lives at risk.”

The ISIS story reveals a trail of activities related to the recruitment of Islamist militants by a network of organizations in the twin-island state.

Human Trafficking in Plain Sight explores the sordid realities of human trafficking arising out of the turmoil in Venezuela. The existence of criminal networks working in tandem with corrupt police, immigration authorities and businesses is investigated in harrowing detail.

The team’s investigation of heavy Chinese investments in the Caribbean traces the growing influence of the Asian economic giant on regional development. Using supporting data, the story examines the impact of opaque investments in Caribbean mega-projects on a legacy of debt and geo-political influence in the Americas.

CIJN reviews the ill-fated PetroCaribe energy deals with the Caribbean; unravelling details on how an oil alliance founded by Chavez to confront U.S. influence in the Caribbean collapsed into broken deals, dashed hopes and rampant corruption.

Speaking at the launch, Jamaica correspondent, Steffon Campbell, said he saw the regional network of investigative journalists as being capable of seeing “the bigger picture; a regional picture; a transnational picture.”

MIC is a member of the Global Investigative Journalism Network (GIJN), Global Forum for Media Development (GMFD), Institute for Non-Profit News (INN) and the International Press Institute (IPI). Its Advisory Board comprises leading media leaders, journalists and media development players from North America, Europe and the Caribbean.

CIJN stories can be accessed at cijn.org. All content can be freely republished with attribution and without amendment. For more information email: cijninfo@gmail.com.

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Archipelago International Expands Portfolio in Cuba

Now Open: Grand Aston Cayo Las Brujas Beach Resort & Spa

JAKARTA, Indonesia, July 29, 2019 /PRNewswire-HISPANIC PR WIRE/ – Archipelago International, Southeast Asia’s largest independent hotel group, today announced the signing of a Management Contract with Grupo de Turismo Gaviota S.A, for the 5 Star Grand Aston Cayo Las Brujas Beach Resort & Spa in Cuba. The signing ceremony took place recently in Havana, Cuba.

Grand Aston Cayo Las Brujas Beach Resort & Spa

Grand Aston Cayo Las Brujas Beach Resort & Spa is located in the Northern Cayos of Cuba on Las Brujas Island, adjacent to Cayo Santa Maria. The resort is comprised of 727 rooms and suites, family and adult-only areas, five swimming pools, eclectic dining offerings, a ‘Technogym’ equipped fitness center, water sports, tennis, multi-sport areas and Cuba’s only Balinese-themed spa together with its own Pueblo (resort village with even more dining choices, a lively Salsa venue, the island’s most happening beach bar, a bowling alley and a variety of shops). The resort also has its own 3 km long private beach.

Archipelago has been brought in to maximise the potential of this wonderful new resort and will apply its proven operational, technical and training capabilities. The resort will provide guests with a multitude of choices and experiences throughout their stay, and will imbue a sense of our Southeast Asian heritage“, commented Gerard Byrne, Managing Director, Archipelago Overseas.

We are delighted to debut in Cuba and are honoured to be part of Grupo de Turismo Gaviota’s growing international family. Grand Aston Cayo Las Brujas Beach Resort & Spa is a truly remarkable resort. Cuban hospitality services, combined with international management expertise, will ensure a memorable all-inclusive experience for its guests“, commented John Flood, President & CEO, Archipelago International.

Grand Aston Cayo Las Brujas Beach Resort & Spa is Archipelago’s second project in Cuba. Its first, Grand Aston Varadero Beach Resort, is currently under construction and is expected to open in 2021.

About Archipelago International
Archipelago International is one of Southeast Asia’s largest operators of hotels, resorts and residences with more than 145 operating hotels (20,000 rooms) and a further 100+ properties under development across Southeast Asia, the Indian Subcontinent, the Middle East and the Caribbean. Its 10 multi award winning brands are Aston, Huxley, Alana, The Aston Heritage Collection, Kamuela, Harper, Quest, Neo, favehotels and Nomad.

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Caribbean Countries Agree to Protect Endangered Largetooth Sawfish

Dutch Proposal to List the Species under the Cartagena Convention Succeeds

ROATÁN, Honduras, June 5, 2019 /PRNewswire-HISPANIC PR WIRE/ — Today, on World Environment Day, the critically endangered largetooth sawfish gained a lifeline as Caribbean countries unanimously agreed to add the species to Annex II of the Specially Protected Areas and Wildlife (SPAW) Protocol under the Cartagena Convention. Seventeen member governments are thereby obligated to impose strict national protections for the species and cooperate regionally to recover populations.

“We are pleased that governments from across the Caribbean have seen the value of saving the iconic and irreplaceable largetooth sawfish from further regional extinction,” said Olga Koubrak, legal advisor for Sealife Law. “Sawfish are among the world’s most endangered marine species and urgently need strict legal protections wherever they remain.”

All five sawfish species worldwide are classified as Endangered or Critically Endangered under the IUCN Red List. Largetooth and smalltooth sawfish were once common in the Caribbean but are now seriously depleted. The smalltooth sawfish was added to SPAW Annex II in 2017. Caribbean countries thought to still have sawfish in their waters include the Bahamas, Cuba, Colombia, and Costa Rica. The level of national sawfish protection varies, however, and regional conservation initiatives are lacking.

“Today’s decision is warranted and welcome, as time is running out for sawfish,” said Sonja Fordham, president of Shark Advocates International. “The success of this measure depends on prompt and robust implementation of associated conservation commitments. We thank the Netherlands for proposing sawfish listing and urge continued engagement to ensure sawfish protection programs are developed across the Caribbean, before it’s too late.”

Found globally in warm waters, sawfish can grow to nearly 20 feet. Like other rays, low reproductive rates leave them exceptionally vulnerable to overfishing. Incidental catch is the main threat to sawfish; their tooth-studded snouts are easily entangled in nets. Despite increasing protections, sawfish parts are used for curios, food, medicine, and cockfighting. Habitat degradation also jeopardizes survival.

Sealife Law (SL) brings legal information and education to ocean conservation. Shark Advocates International (SAI) advances science-based policies for sharks and rays. SL and SAI have joined with marine researchers from Havenworth Coastal Conservation (HCC), CubaMar, and Florida State University to form a Caribbean sawfish coalition, supported by the Shark Conservation Fund. SAI, HCC, and CubaMar are projects of The Ocean Foundation.


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A Free Benefit Concert For The USVI Is Coming To St. John This May

CaribPR Wire, NEW YORK, NY, Weds. Apr. 17, 2019: The countdown is on to an exciting free benefit concert for the US Virgin Islands this May 18th in St. John.

The “Music Is Life” benefit is being presented by Intellectual Global Concepts, (IGC), in collaboration with The Coral Bay Caribbean Oasis, The RTPark, The University of The Virgin Islands, (UVI) and Grammy-Award winning Jazz Drummer, Dion Parson.

It is set for May 18th-19th from 5 p.m.-12:30 a.m. at The St. John Bayfront at The Coral Bay Caribbean Oasis.

The event will feature world renowned South African electronic music maestro, Hyenah, who is known for his elusive identity, top charting tracks on ‘Resident Advisor,’ and his performances at top clubs across the globe. Additionally, the event will showcase USVI’s own Cool Session Brass Band and UVI’s SHUT Down Band along with DJ Mike Swells of NYC and local fire dancers and drum circle.

Event attendees will also be able to experience the local food culture with several amazing food vendors placed throughout the venue and an online Silent Auction at 32auctions.com/musicislife, that will feature a fantastic selection of prizes with winners of the auction announced live at the event.

Taxis will be available to bring guests to the venue and back for US $6 each way, while boat operators will offer trips from St. Thomas to St. John throughout the entirety of the event along with late night options for transportation after the event ends.

Proceeds from the event, merchandise sales, food, art, merchant vendor fees and sponsor donations will be used to bolster music education via the Music Education Program at the University of The Virgin Islands lead by Mr. Parson. Both the St. Croix and St. Thomas campuses were heavily impacted by the 2017 back-to-back Hurricanes Irma and Maria that damaged the university and the RTPark’s 64 West Center Building, leaving a long-lasting impact on the local economy.

This event has a limited number of attendees so music fans must register for free tickets only on Eventbrite or donate US $10-50 for a variety of donation packages, including items like T-shirts and free drinks at the venue.

For more information see Facebook at facebook.com/musicislifeusvi/ and Eventbrite at usvimusicislife.eventbrite.com

Sponsors interested in collaborating with IGC on this event can contact organizers at musicislifeusvi@gmail.com.

MEDIA CONTACT:

Felicia Persaud

Hard Beat Communications

(P): 718-476-3616

Email: felicia@caribpr.com

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A Caribbean War Hero Remembered

HERO features a host of celebrated British actors including Joseph Marcell of Fresh Prince of Bel Air fame, playing the role of writer CLR James; Fraser James, of Terminator Salvation, playing the role of George Padmore and British-Nigerian actor Jimmy Akingbola, of BBC’s Holby, playing Ghana’s first president Kwame Nkrumah.

HERO features a host of celebrated British actors including Joseph Marcell of Fresh Prince of Bel Air fame, playing the role of writer CLR James; Fraser James, of Terminator Salvation, playing the role of George Padmore and British-Nigerian actor Jimmy Akingbola, of BBC’s Holby, playing Ghana’s first president Kwame Nkrumah.

CaribPR Wire, LONDON, UK, Sat. April 6, 2019: The life and times of Trinidadian war hero, judge and diplomat, Ulric Cross, will be portrayed in a new film – HERO to be screened at the British Film Institute, Southbank, London on May 18, 2019.

The feature film, produced by former UK resident, Frances-Anne Solomon, has already received international acclaim at its screenings in Trinidad and Tobago and Canada. (not the US yet).

The story told is of Cross, a trailblazer who made his mark on history as a Navigator of fighter planes in World War II. He became one of the RAF’s most decorated West Indian Airmen. He then went on to play a central role in the independence struggles of both Africa and the Caribbean.

“Ultimately, the story is about us. About who we are as Caribbean people and as citizens of the world,” says filmmaker Frances-Anne Solomon. “In that spirit, we’re thrilled to be bringing HERO to the UK where much of the filming took place. It is particularly poignant that this year is the seventy-fifth anniversary of the first major generation of Caribbean arrivals in Britain — on the Empire Windrush.”

Filmed across the UK, Trinidad, Ghana, and Canada, HERO features a host of celebrated British actors including Joseph Marcell of Fresh Prince of Bel Air fame, playing the role of writer CLR James; Fraser James, of Terminator Salvation, playing the role of George Padmore and British-Nigerian actor Jimmy Akingbola, of BBC’s Holby, playing Ghana’s first president Kwame Nkrumah.

Following its premier at the BFI Southbank, HERO will be taken across the UK in the lead up to the 75th Windrush celebrations in June.

For media enquiries, please contact Evadney Campbell, Shiloh PR, 07716 289 717 or email: Evadney@shilohpr.com

HERO Inspired by the Extraordinary
Life & Times of Mr Ulric Cross.

TRAILER

Click to view Trailer

Filmed in Trinidad, Ghana, the UK and Canada, HERO is the story of Ulric Cross, who in 1941, left his small island to seek his fortune, and became the Royal Air Force’s most decorated West Indian. Then his life took a dramatically different course when he followed the call of history. He joined the African independence movements sweeping the world in the 50s and 60s.

About Frances-Anne Solomon

An award-winning filmmaker, producer, curator and entrepreneur in film, TV, Radio and new media. Following a successful career as a TV Drama Producer and Executive Producer with the BBC in England,  Frances-Anne launched the CaribbeanTales Media Group in Canada and Barbados, which includes Production, International Distribution, and Industry Training worldwide.   Frances-Anne has just completed her latest feature film  HERO- Inspired By The Extraordinary Life & Times Of Mr. Ulric Cross, which (while in development) won the Best Feature Pitch at Discop 2016.
About CaribbeanTales Media Group
CaribbeanTales (CTMG) is a group of media companies that produces, markets, and exhibits Caribbean-themed films for Regional and international distribution, including CaribbeanTales Worldwide Distribution, CaribbeanTales Inc –  a registered Charity in Canada. Activities include The CaribbeanTales International Film Festival now in its 14th year; the renowned CaribbeanTales Incubator (CTI) a year-round development and production hub for Caribbean and Caribbean Diaspora Producers; Caribbeantales-TV a VOD  streaming service for Caribbean films; and CaribbeanTalesFlix, their production arm.
https://twitter.com/hero_film?lang=en

About the BFI
The BFI is the UK’s lead organisation for film, television and the moving image. It is a cultural charity that:

  • Curates and presents the greatest international public programme of World Cinema for audiences; in cinemas, at festivals and online
  • Cares for the BFI National Archive – the most significant film and television archive in the world
  • Actively seeks out and supports the next generation of filmmakers
  • Works with Government and industry to make the UK the most creatively exciting and prosperous place to make film internationally

Founded in 1933, the BFI is a registered charity governed by Royal Charter. The BFI Board of Governors is chaired by Josh Berger CBE.

BFI Southbank
The BFI Southbank is open to all. BFI members are entitled to a discount on all tickets. BFI Southbank Box Office tel: 020 7928 3232. Unless otherwise stated tickets are £13.75, concs£11.25 including Gift Aid donation. Members pay £2.20 less on any ticket - www.bfi.org.uk/southbank.
Young people aged 25 and under can buy last minute tickets for just £3, 45 minutes before the start of screenings and events, subject to availability - http://www.bfi.org.uk/25-and-under.
Tickets for FREE screenings and events must be booked in advance by calling the Box Office to avoid disappointment

CaribbeanTales is a registered Canadian Charity no. 87896 4618 RR0001 committed to connecting people through film. This commitment to fostering intercultural understanding includes building community here in Canada, as well as a global community between Canadians and like-minded artists, cultural entrepreneurs, and community builders throughout the Diaspora.
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Grupo Therrestra continues to lead construction in the Caribbean with a new project in Jamaica of 957 rooms

The new “Ocean Coral Spring by H10 Hotels” of approximately 120,000 m2 of construction, will be an avant-garde complex with an imposing design composed of two phases, a wide range of entertainment spaces for all ages.

SANTO DOMINGO, Dominican Republic, March 25, 2019 /PRNewswire-HISPANIC PR WIRE/ – Grupo Therrestra, under the leadership of Engineer Hugo Pérez Ovalles, continues to intensify its presence throughout the entire Caribbean region with the execution of the new project “Ocean Coral Spring by H10 Hotels”. This project represents a new sign of success for the group which specializes in Design, Construction and Supervision, recognized in the region for executing tourism projects of the most demanding and high end hotel chains in the world with quality and within a short period of time.

For the New Ocean Coral Spring, Therrestra will employ values that characterize the organization, which are: talent, adaptability and the confidence that H10 Hotels placed for the development of 957 rooms to be executed in two phases with a total of approximately 120,000 m2 of construction.

The first phase, with 75,000 m2 of construction, will conclude by the end of 2019 and will have 513 rooms in an urbanized environment with an impressive main building which has a great Gastronomic offer, Theaters, Convention Center, Bowling area and others. Will also have a luxurious Spa and other 14 service buildings to enrich the experience.

The second phase, with 45,000 m2 of construction and 444 rooms will be the ideal environment for adults and it is scheduled to open by the end of 2020. Will have a main building and a lobby along with thematic restaurants and other specialized suitable areas for an environment to rest and relaxation.

The president of the Group, Hugo Pérez Ovalles, is thankful for the confidence deposited in Therrestra by the hotel chain, affirming its commitment with the development of high-quality projects and to continue being an ally of the tourism sector with the execution of hotel projects that exalt the Caribbean as an elite destination.

Satisfied with the projects carried out to date and grateful for this new challenge, Perez Ovalles confirmed that “The new Ocean Coral Spring by H10 Hotels is called to be a World Leader in tourism in the Caribbean and we are proud to be part of this initiative”.

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Cayman Islands Investment Group Ltd. Announces New Cryptocurrency Exchange in Development

GRAND CAYMAN, Cayman Islands, March 20, 2019 /PRNewswire-HISPANIC PR WIRE/ — Earlier this year, the Cayman Islands Investment Group’s technology wing: C.I.I.G. Technologies, teased the release of a brand new Cryptocurrency exchange based in the Cayman Islands. Since then, CIIG Technologies has now announced that Cryptocay.ky is preparing for its official launch.

CryptoCay logo

After over a year of research, development and tweaking Cryptocay.ky is nearing its completion and will soon be ready for use by cryptocurrency traders from across the globe. Cryptocay.ky is aimed at both amateur and professional traders, with Head of Marketing and Promotions, Malcolm Hurlston stating, “We want to be more than just another exchange, we want to help educate those that haven’t taken the dive into the Cryptocurrency world. We want to become the Cryptocurrency Hub of the Caribbean.”

Marketplace

Cryptocay.ky will boast markets for Bitcoin, Ethereum, Litecoin, Ripple, OmiseGo and many more. By staying up to date with the latest updates in the markets, Cryptocay will aim to give its users the most competitive rates for Limit Orders and flexibility for Market Orders. There will be over 25 markets to trade from at launch, with more to come as the exchange expands.

Security Where it Matters

Cryptocay.ky will have a fully dedicated privacy and security system that will protect both the user and their assets. User safety is priority for Cryptocay.ky, with the same integrity and accuracy that is applied to the Cayman banking industry being applied to the platform. Trustworthiness, clarity and security are core values that every Cayman Islands Investment Group company will be based on.

Follow all social media channels to see the planned release date and get ready to Trade in Paradise.

Founded in 2018, Cayman Islands Investment Group Ltd. is an Internet Commerce Company. Cryptocay.ky will offer a wide range of products and services designed to broaden the possibilities of commerce in the Caribbean.

Cayman Islands Investment Group Ltd. is a Registered Company of the Cayman Islands.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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WRB Energy: What Will It Take to Develop More Renewable Energy in the Caribbean?

TAMPA, Florida, March 12, 2019 /PRNewswire-HISPANIC PR WIRE/ – With the abundance of clean energy resources in the Caribbean—sun, wind, water, and geothermal—it’s a natural environment for more renewable energy generation.  So why isn’t there more renewable energy produced in the Caribbean, and why aren’t there more projects in the pipeline?

With more than three decades of experience developing renewable energy projects and operating utilities, WRB Energy can address some of the challenges that hinder increased renewable energy generation in the Caribbean.

Contain costs

Most small Caribbean island nations lack economies of scale to absorb the high costs and complexities of developing relatively small renewable installations as compared to those in larger, more developed countries.  With relatively smaller populations, economies, and electricity demand, there are fewer kilowatt-hours produced to amortize the up-front investment expenses cost-effectively. However, as the prices for renewable energy equipment continue to decrease and technologies advance, solar, wind, and geothermal are increasingly more viable, least-cost options for diversified energy portfolios.

Flatten the learning curve

Government leaders with a stable long-term vision and implementation plans for increased renewable energy attract the best opportunities for project development. By working collaboratively, utilities, government, regulators and developers can help level the learning curve for initial projects.

Understand that land is precious

Securing appropriate land for project siting poses significant challenges. There is tremendous pride in land ownership, with parcels of land being passed on from generation to generation. Also, there is a history of informal land dealings, which leads to clouded property titles. Consequently, these issues can create local owner resistance to land transactions and long-term leases.

Clarify investment requirements

Banks, investors, and multilateral organizations have mandates, terms, securities and covenants that can be misunderstood in negotiations with governments, utilities and regulators. Policies and processes need to be clearly defined to avoid misinterpretation of project terms.

Harness a sustainable future

Developing renewable systems reliably and affordably requires due diligence to avoid electricity rate increases. It’s a long-term strategy requiring cooperation between stable government policies, flexible utilities, competent regulatory bodies, responsible investors, and credible development partners to design, develop and deliver renewable energy projects as promised.  Read more at https://wrbenergy.com/wp-content/uploads/2013/08/FINAL-ENERGY-0032-2019-feature-article-3-4-19.pdf. Download photos at https://www.dropbox.com/sh/8u4fxjjpjghexce/AACs-LpeFMSgBQ58o7_NrmzQa?dl=0

WRB Energy develops renewable energy projects to help stabilize electricity prices, reduce dependence on imported fuels, and drive economic growth in Latin America and the Caribbean. Visit www.wrbenergy.com and https://wrbenergy.com/content-solar-jamaicas-first-utility-scale-solar-plant/.

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Scotiabank completes acquisition of 97.44% of Banco Dominicano del Progreso

TORONTO and SANTO DOMINGO, Dominican Republic, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ – Scotiabank announced today that it has successfully completed the acquisition of 97.44% of Banco Dominicano del Progreso (BDP), after receiving regulatory approval by the Superintendency of Banks and the Monetary Board of the Central Bank of the Dominican Republic.

“We are excited to have completed this transaction that is fueled by the strategy of gaining greater scale in economically stable markets with prospects for growth, and allows us to expand and strengthen our operations in the country. We are building a leaner, more modern digital bank, to continue improving our customers’ experience with enhanced financial services and products” said Gonzalo Parral, CEO, Scotiabank Dominican Republic.

With the closing of this acquisition, Scotiabank doubles its customer base and strengthens its fourth-place position in terms of assets in full-service banking and its third-place ranking in the credit card segment in the Dominican Republic, with a 17% share of the market. The acquired Banco Dominicano del Progreso operations include 57 branches, 184 ABMs and more than 160 banking sub-agents, which serve more than 250,000 personal and commercial banking customers.

For further information on the integration stage, please visit www.scotiabank.com.do and www.progreso.com.do.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees¹ and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

¹Employees are reported on a full-time equivalent basis.

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Perfect Water for the Caribbean – Zero Mass Water Unveils SOURCE Hydropanels in Jamaica

Zero Mass Water’s SOURCE Hydropanels make water from air for the University Hospital of the West Indies’ Pediatric Ward

KINGSTON, Jamaica, Feb. 27, 2019 /PRNewswire-HISPANIC PR WIRE/ — How does a hospital maintain continuous access to its most precious resource? Zero Mass Water has the answer: SOURCE Hydropanels that use only sunlight and air to make high-quality, resilient water.

The Caribbean Climate-Smart Accelerator was formed by Caribbean leaders in 2017 to strengthen the region’s readiness and response to disasters. The Accelerator’s objective is to create the globes’ first climate-smart zone to transform Caribbean economies with investment opportunities that support climate action. Zero Mass Water’s SOURCE Hydropanels attracted the attention of the University Hospital of the West Indies’ (UHWI) Pediatric Ward. Looking to provide high-quality water while supporting Jamaica’s pioneering efforts as one of only a handful of countries to have banned single-use plastics, the Hospital eagerly joined the ranks of communities worldwide taking their drinking water off-grid with the renewable water technology.

“We’re excited about the impact of this hospital project, our first in partnership with the Accelerator,” says Zero Mass Water Founder and CEO Cody Friesen, “This array of SOURCE Hydropanels is providing clean, resilient drinking water to staff and patients, and represents the impact we have across the broader Caribbean.”

Installed on the Hospital’s rooftop, the Hydropanel array produces up to 3,000 liters of water per month. This installation is the first of several arrays Zero Mass Water will complete through its partnership with the Caribbean Climate-Smart Accelerator.

Until now, communities in Jamaica lacked good options for water access. With the island’s water infrastructure often deemed too old and ineffective –Jamaicans often turn to bottled water as their primary supply, contributing to the nation’s plastic waste troubles. Recent water lock offs in Jamaica have left institutions, like UHWI, to seek better solutions.

SOURCE Hydropanels make, mineralize, and deliver high-quality drinking water by converting moisture in the air, representing a new choice for water that is both waste-less and reliable.

“A first step in building resilience is having access to clean drinking water after a disaster. The elegance in this solution is that it provides that facility while also displacing plastic water bottles that are contributors to our climate challenge. Zero Mass Water’s delivery of an innovative solution to our most vulnerable is an example to others, it embodies the kind of partnerships most desired by the Accelerator,” said Sir Richard Branson, Virgin Group Founder.

Zero Mass Water’s SOURCE Hydropanels are available for purchase and have been installed for homes and communities across the Caribbean.

About Zero Mass Water

Zero Mass Water’s mission is to make drinking water an unlimited resource. SOURCE is a Hydropanel that creates drinking water simply from sunlight and air – made possible by the combination of thermodynamics, materials science and controls technology. Zero Mass Water puts the power of safe, high-quality water production into the hands of every person in nearly every climate and corner of the world. Zero Mass Water is headquartered in Scottsdale, Arizona.

For more information, go to zeromasswater.com or follow Zero Mass Water on Twitter @zeromasswater.

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The Bevertec Group to Implement Shared Financial Delivery Services for St. Lucia Credit Unions

CaribPR Wire, TORONTO, Feb. 06, 2019: Bevertec CST Inc., a leading provider of retail financial services technology and services in the Caribbean and worldwide, is pleased to announce that the company has reached an agreement with Capita Financial Services Inc. (Barbados) to implement an Automated Teller Machine network and related technology to serve the credit unions of St. Lucia.

The ATM driving, transaction switching and debit card issuing solution will be run from Bevertec’s processing centre in Antigua. All credit union ATMs in St. Lucia will be shared among the subscribing institutions forming a de-facto national network for credit unions. Bevertec’s Client Services Workstation will be available to all ATM-owner institutions enabling local, real-time, ATM monitoring and report retrieval over and above centralized monitoring and support delivered from Bevertec’s operations centre.

Bevertec’s President, Mr. Barry Walsh, commented, “We are very proud to be an integral participant in the digital transformation of St. Lucia’s Credit Unions. This project provides Bevertec with an opportunity to further demonstrate our commitment to the financial services industry in the region. We are looking forward to working with Capita and the Credit Unions of St. Lucia in building a showcase of innovation and service delivery.”

Mr. Paul Maxwell, President & CEO of Capita Financial Services Inc. said, “This partnership is transformative, both for the credit unions who can now offer their members a more complete range of services and for individual members who would now be able to perform ordinary day-to-day transactions in a way that was not before possible.”

About Bevertec Group

Since 1981, the Bevertec Group, a Canadian enterprise, has been supplying technology and services to various industry sectors. The Group has over 100 customers in the financial services sector spread across five continents but focuses primarily in the Caribbean, Central and South American markets. The Group also provides consulting services, staffing solutions and subject matter expertise to assist institutions at all business levels including development/project work, project management and strategic direction and planning.

About Capita Financial Services Inc.

Capita Financial Services Inc., a Barbados company, is a one-stop financial services company. Capita provides residential and commercial mortgages, land loans, vehicle loans, premium finance loans, leases, general insurance, term deposits, mutual funds and stock brokerage services. The company serves private individuals, insurance companies, credit unions, government statutory corporations, pension funds, and institutional investors.

About St. Lucia Co-operative League Limited

The St. Lucia Co-operative League Limited is the umbrella body for Co-operatives in St. Lucia. At the local level they function as the link between government and the individual Credit Unions. Key responsibilities include fostering the growth and welfare of Credit Unions both by direct effort and co-operation with other agencies having similar objectives and providing information and guidance to co-operative leaders and personnel so that the societies they serve will offer the best possible service to members and to make such opportunity equitable.

El Grupo Bevertec implementará servicios de entrega financiera compartida para las cooperativas de ahorro y crédito de Santa Lucía

CARIBPR WIRE TORONTO, Feb. 06, 2019:  Bevertec CST Inc., un proveedor líder de servicios y tecnología de servicios financieros para el consumidor en el Caribe y en todo el mundo, se complace en anunciar que la compañía ha alcanzado un acuerdo con Capita Financial Services Inc. (Barbados) para implementar una red de cajeros automáticos y tecnología relacionada para atender a las cooperativas de ahorro y crédito de Santa Lucía (St. Lucia Co-operative League Limited).

La solución para manejo de cajeros automáticos, cambio de transacciones y emisión de tarjetas de débito se ejecutará desde el centro de procesamiento de Bevertec en Antigua. Todos los cajeros automáticos de St. Lucia Co-operative League Limited será compartida entre las instituciones suscritas que forman una red nacional de facto para las cooperativas de crédito. La estación de trabajo de Servicios para Clientes de Bevertec estará disponible para todas las instituciones propietarias de cajeros automáticos, lo que permitirá el monitoreo de cajeros automáticos en tiempo real en tiempo real y la recuperación de informes por encima del monitoreo y la asistencia centralizados que ofrece el centro de operaciones de Bevertec.

El presidente de Bevertec, el Sr. Barry Walsh, comentó: “Estamos muy orgullosos de ser un participante integral en la transformación digital de las cooperativas de crédito de Santa Lucía. Este proyecto le brinda a Bevertec la oportunidad de demostrar aún más nuestro compromiso con la industria de servicios financieros en la región. Estamos ansiosos por trabajar con Capita y las cooperativas de ahorro y crédito de Santa Lucía en la construcción de una muestra de innovación y prestación de servicios “.

El Sr. Paul Maxwell, Presidente y CEO de Capita Financial Services Inc. dijo: “Esta asociación es transformadora, tanto para las cooperativas de ahorro y crédito que ahora pueden ofrecer a sus miembros una gama de servicios más completa como para los miembros individuales que ahora podrían realizar transacciones cotidianas ordinarias de una manera que antes no era posible “.

Acerca del Grupo Bevertec

Desde 1981, el Grupo Bevertec, una empresa canadiense, ha estado suministrando tecnología y servicios a diversos sectores de la industria. El Grupo tiene más de 100 clientes en el sector de servicios financieros distribuidos en los cinco continentes, pero se centra principalmente en los mercados del Caribe, América Central y América del Sur. El Grupo también proporciona servicios de consultoría, soluciones de personal y expertos para ayudar a las instituciones en todos los niveles de negocios, incluido el desarrollo / trabajo de proyectos, gestión de proyectos y dirección estratégica y planificación.

Acerca de Capita Financial Services Inc.

Capita Financial Services Inc., una compañía de Barbados, es una compañía integral de servicios financieros. Capita otorga hipotecas residenciales y comerciales, préstamos sobre terrenos, préstamos para vehículos, préstamos con financiamiento premium, arrendamientos, seguros generales, depósitos a plazo, fondos mutuos y servicios de corretaje de valores. La compañía presta servicios a personas privadas, compañías de seguros, cooperativas de crédito, corporaciones gubernamentales, fondos de pensiones e inversionistas institucionales.

Sobre St. Lucia Co-operative League Limited

St. Lucia Co-operative League Limited es el organismo que une a las cooperativas en Santa Lucía. A nivel local, funciona como el vínculo entre el gobierno y las cooperativas de crédito individuales. Las responsabilidades clave incluyen fomentar el crecimiento y el bienestar de las cooperativas de crédito, tanto por el esfuerzo directo como por la cooperación con otras agencias que tienen objetivos similares y brindar información y orientación a los líderes y al personal de las cooperativas para que las sociedades a las que sirven ofrezcan el mejor servicio posible a sus miembros y para asegurar que oportunidades como esta sean equitativas.

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Avaya Expands Distributor Partnership For Ecuador, Venezuela, Central America and the Caribbean

DACAS joins the exclusive group of distributors of Avaya solutions in the Latin American region

MIAMI, Dec. 19, 2018 /PRNewswire-HISPANIC PR WIRE/ – Avaya Holdings Corp. (NYSE: AVYA) announced that its DACAS distributor expands services in the Latin American market and makes available Avaya solutions for companies of all sizes and industries. DACAS will now provide its services in Ecuador, Venezuela, Central America, the English Caribbean and Spanish.

Avaya offers one of the most complete portfolios of Unified Communications solutions, software and services for companies that are embracing digital transformation today. Companies continue to invest and improve their engagement solutions with both the client and work teams, for large companies and medium market, as well as services based on the private, public and hybrid cloud and on demand.

Since its association with Avaya in 2015, DACAS distributes security solutions, Infrastructure and Unified Communications. Now, under the new work scheme, they will also be participating in the distribution of solutions for Contact Centers, SMEs, telephony, and devices and Avaya Equinox Meetings Online. The new countries add to the services already available in the Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay.

“Since we started distributing Avaya solutions in 2015, we confirmed that Avaya is one of the brands that integrators seek to offer to the market,” said Diego Cascata, president of Dacas. “We look for ways to provide our business partners with top-tier solutions they can develop in their markets and get excellent results maximizing their operations. In this goal we feel aligned with AVAYA, to achieve clients’ total satisfaction. In Dacas we are pleased to incorporate the regions of the Caribbean, Central America, Ecuador and Venezuela. He added: “This represents a great opportunity because of the importance and scale of these markets in our hemisphere.”

“Our partners and distributors are a fundamental piece to the success of Avaya and our customers and we continue to invest in our community of business partners and distributors,” said Santiago Aguirre, senior director of channels and distribution, Avaya, Americas International. “For us, it is a privilege to have a business partner and distributor who understands company needs specific to the region with high knowledge and value offer especially in the areas of security, infrastructure and Unified Communications. We have modernized and improved our channel program to reflect the transformation of Avaya and help our business partners to take full advantage of the new opportunities offered by the current market.”

Currently, Avaya has four regional distributors: Anixter, Techdata, Scansource and DACAS, thus covering the needs of its business partners ecosystem in all industries, especially those in the areas of health, government, education, manufacturing and hospitality.  Avaya and its authorized distributors are prepared to offer the solutions, training, programs and resources that companies need to do more business and exceed the expectations of their customers.

About Avaya
Businesses are built on the experiences they provide, and every day millions of those experiences are built by Avaya (NYSE: AVYA). For over one hundred years, we’ve enabled organizations around the globe to win – by creating intelligent communications experiences for customers and employees. Avaya builds open, converged and innovative solutions to enhance and simplify communications and collaboration – in the cloud, on-premise or a hybrid of both. To grow your business, we’re committed to innovation, partnership, and a relentless focus on what’s next. We’re the technology company you trust to help you deliver Experiences that Matter. Visit us at www.avaya.com.

Cautionary Note Regarding Forward-Looking Statements
This document contains certain “forward-looking statements.” All statements other than statements of historical fact are “forward-looking” statements for purposes of the U.S. federal and state securities laws. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the delivery of a cloud platform, the availability of features such as agent quality software applications and Intelligent Wire services, and the Company’s move to Big Data, Machine Learning and AI. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. The factors are discussed in the Company’s Registration Statement on Form 10 filed with the Securities and Exchange Commission, may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Company’s filings with the SEC that are available at www.sec.gov. The Company cautions you that the list of important factors included in the Company’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this report may not in fact occur. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.


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Grupo Therrestra to build most part of the new Club Med project in Miches

The Caribbean company of Dominican origin specialized in Design, Construction and Supervision, will execute 55 Villas for a total of 129 rooms and a modern Central Building in the Club Med project.

SANTO DOMINGO, Dominican Republic, Dec. 11, 2018 /PRNewswire-HISPANIC PR WIRE/ – Grupo Therrestra, led by Engineer Hugo Pérez Ovalles, has inserted its characteristic identity stamp, based on: talent, adaptation and trust in the service of the prestigious Club Med Hotel Chain, to develop its most luxurious and prestigious project in the Americas, located in Miches, province of El Seibo.

In the complex, located in Punta Hicaco, approximately 6 km from Miches, Grupo Therrestra will develop a total of 129 rooms and a modern Central Building.

Miches being a new area to explore, where the French company specializing in premium All-Inclusive vacations has set its sights and placed its trust in Grupo Therrestra, one of the most requested Dominican construction companies in recent years by the main Hotel Chains of the world that operate in the Caribbean.

In this sense, the CEO of Grupo Therrestra, being grateful for the trust awarded once again to develop this ambitious and strategic tourism project in the Caribbean, stated “With the construction of Club Med in Miches, we wrote a new chapter in the promising future that the Dominican Republic is building, betting on attractive and interesting Tourist Poles such as Miches, especially in high end tourism. A showcase appealing to millions of people around the world”.

The project, whose first groundbreaking was led by President Danilo Medina, on May 3, 2018, it’s scheduled to open its doors by the end of 2019.

The new development of Club Med in the area, with the impetus of Grupo Therrestra, represents a powerful alliance that will help to structure one of the most promising coastal areas for tourism in the coming years, such as Playa Esmeralda.

About Grupo Therrestra

Construction Company founded in 2004 with the fundamental objective of providing construction services for civil works. It is dedicated to the Design, Construction and Supervision of tourist, residential and commercial projects, both in the Dominican Republic and in the Caribbean, generating 4,000 jobs in the region.

@grupotherrestra
http://therrestra.com/

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Tourism, Food Security Among High-potential Areas for Expanding UAE-Caribbean Cooperation

DUBAI, United Arab Emirates, Nov. 29, 2018 /PRNewswire-HISPANIC PR WIRE/ — Tourism, food security, manufacturing, logistics, and renewable energy have been identified as high-potential areas where companies in the UAE and Caribbean region can expand economic cooperation, according to new analysis from Dubai Chamber of Commerce and Industry.

The findings, released on sidelines of the first UAE-Caribbean Cooperation Forum in Dubai, revealed that the value of non-oil trade between Dubai and Caribbean countries totaled $273 million in 2017.

Bilateral non-oil trade was dominated by imports from the Caribbean which were valued at $183 million in 2017, while $90 million worth of exports contributed 33% to Dubai’s trade with the region.

Suriname ranked as Dubai’s top Caribbean trading partner in 2017, with bilateral non-oil trade valued at $113.8 million, accounting for 42% of the emirate’s trade with the region. Guyana ranked second with $52.1 million in bilateral trade, followed by Dominican Republic and Trinidad and Tobago.

In addition, the findings revealed that the number of Caribbean companies registered with Dubai Chamber increased by 54% from 403 in 2013 to reach 621 in 2018.

Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry, noted that the findings reflect the tremendous potential to boost bilateral trade and investment in the future as the UAE and Caribbean countries push ahead with plans to diversify their economies and explore business opportunities abroad.

“Dubai can serve as a global gateway for Caribbean exporters who are keen to broaden their horizons and access markets across the Middle East, Africa, and Asia, while the Caribbean region is fast emerging as an attractive investment destination, providing plenty of advantages which UAE companies can benefit from,” added Buamim.

Held on November 24th-26th, the UAE-Caribbean Cooperation Forum was co-organised by the UAE Ministry of Foreign Affairs and International Cooperation and Dubai Chamber of Commerce and Industry, in partnership with the UAE Ministry of Economy and the UAE Ministry of Culture and Knowledge Development.

Editor’s note

Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favourable business environment, supporting the development of business, and by promoting Dubai as an international business hub.

HE Hamad Buamim, President and CEO, Dubai Chamber of Commerce and Industry

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(Photo: https://mma.prnewswire.com/media/791444/HE_Hamad_Buamim.jpg )

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Proman Increases Trinidad and Tobago’s Natural Gas Supply to Petrochemical Plants

DeNovo delivers first commercial supply of natural gas from Iguana Field after more than 30 years of remaining undeveloped

PORT OF SPAIN, Trinidad and Tobago, Nov. 21, 2018 /PRNewswire-HISPANIC PR WIRE/ — DeNovo Energy Limited (”DeNovo”), a subsidiary of the Proman Group (”Proman”), has today announced the first commercial supply of gas from the Iguana Field in Block 1(a), which will deliver 80 million cubic feet of gas per day once fully operational. DeNovo, which became the operator of the field in 2016, fast-tracked the project delivery, safely executing this development using 2.6 million man-hours, with over 73% local content, in just under three years.

The project was delivered in line with Proman’s strategy for ensuring security of gas supply and sustainability in Trinidad and Tobago’s Energy Industry. Proman invested USD 250 million in DeNovo in 2015, as the first downstream group to invest in the upstream sector in Trinidad and Tobago. A global leader in petrochemicals, Proman has been operating in Trinidad and Tobago since 1984 and owns and operates 14 petrochemical plants on the Point Lisas Industrial Estate in Trinidad, amounting to more than 50% of the installed petrochemical capacity. Through this investment, Proman has been able to develop stranded pools of gas to deliver to an already matured downstream industry. The Iguana Field is DeNovo’s first stranded gas field development, and signals a significant positive evolution in the operating capabilities within the Trinidad and Tobago energy industry as the DeNovo model provides a quick and tested way of increasing natural gas production.

Proman Chief Executive David Cassidy said, “After 30 years of excelling in the Downstream sector, we decided to invest in a local Upstream company at a time when gas curtailments seriously impaired Trinidad and Tobago’s global competitiveness. The Iguana field development is a perfect example of global collaboration and the diverse competencies within the Proman Group, as DeNovo was supported by other Proman companies to deliver this project in record time to a world-class standard. I would like to express my thanks to the expert teams at DeNovo, Proman AG (Trinidad) Ltd, Eurotecnica Contractors and Engineers S.p.A, and Industrial Plant Services Limited (IPSL) for their outstanding work. Together we have achieved a significant first for Trinidad and Tobago, demonstrating Proman’s commitment to enhancing the competitiveness of the local petrochemical sector, increasing the security of gas supply in the country, and leading a sustainable evolution in the local Energy Industry.”

Speaking of Proman’s involvement, DeNovo CEO Joel Pemberton said, “Proman has proven the great potential from natural gas still exists in Trinidad and Tobago despite the challenges faced by the local Energy Industry. Proman was the first company to make a significant investment in the local upstream, and supported DeNovo in the midst of a global energy crisis, and when gas shortages threatened petrochemical operations in Trinidad and Tobago. This investment is part of Proman’s multi-billion-dollar operation in the country, supporting hundreds of skilled jobs and supporting business, and contributing significantly to Trinidad and Tobago’s economic prosperity and Energy Industry sustainability.”

Cassidy characterised Proman’s investment in the development as “taking the initiative.” He went on to say, “We continue to work with all stakeholders to ensure that Trinidad and Tobago remains a competitive and viable place to produce petrochemicals, and that the Energy Industry can be sustainable and secure in the short and long terms.”

The announcement comes at a time when Proman has significantly scaled up its global operations partly through its controlling stake in Consolidated Energy Limited and the recent start-up of the Natgasoline plant, the United States’ largest methanol production facility, in Beaumont, Texas.

NOTES TO EDITORS

About the Proman Group

Proman is an integrated industrial group and global leader in natural gas derived products and services. Headquartered in Switzerland, with assets in the United States, Trinidad and Oman, and ongoing expansion into Mexico, Proman is the world’s second largest methanol producer and one of the ten leading fertilizer companies via, in part, its controlling stake in Consolidated Energy Limited. Proman is also a significant services business, with extensive experience in petrochemical plant operations, petrochemical and power plant construction, product marketing and logistics, and project management. The Group offers a fully integrated, diversified platform across the whole value chain from the production and conversion of natural gas to the marketing and delivery of end products to its customers. Proman has been committed to Trinidad and Tobago’s energy sector for over 30 years, continually re-investing to expand its portfolio to include methanol, anhydrous ammonia, urea ammonium nitrate and melamine. The Group employs over 1,000 employees in the country, accounting for two-thirds of Proman’s global workforce.

About DeNovo

DeNovo is a Trinidad and Tobago independent upstream operating company focused on monetising proven natural gas reserves for use in the petrochemical sector. DeNovo is part of the Proman Group, the largest petrochemical group in Trinidad and Tobago, which has been committed to the country’s Energy Industry for over 30 years. Proman is one of the world’s largest methanol producers, and a leading fertiliser producer globally. DeNovo is Proman’s upstream operating company, focused on monetising proven natural gas reserves for use in Trinidad and Tobago’s energy industry. DeNovo’s model is to Acquire top talent and resources, Collaborate with all stakeholders for the common good, Evolve in a constantly changing world whilst delivering on core objectives in line with our values, and Sustain a robust and profitable business which enhances Trinidad and Tobago.

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Cloud Carib Sponsors Grand Bahama Technology Summit

CaribPR Wire, NASSAU, Bahamas, Nov. 13, 2018: The Bahamas gears up to host its second annual technology summit this week in Grand Bahama, bringing global experts from tech companies and regional entities to the island of Grand Bahama to discuss digital transformation. Under the theme, “The Future is Now,” Cloud Carib has partnered with this year’s committee to invite key players in the field of technology.  This year’s summit promises to inspire IT professionals, developers, innovators and stakeholders both locally and internationally. The conference which runs November 14th – 16th, will cover a breadth of resources, tools, tips and practical advice from experienced professionals in the information and technology industry.

Cloud Carib’s key global technology partners, VMware, Palo Alto, Oracle, Veeam, RedHat, Cybernetica and Cisco will all be in attendance to present at the summit. These technology leaders will be hosting tech talks and workshops, sharing their knowledge and experience in digital transformation and the technology sector. Many of these experts will be sharing insight into the advantages their products and services provide within the government’s journey to digital transformation when paired with the expertise and global reach of a company headquartered in The Bahamas like Cloud Carib.

“We’re thrilled to be a partnering sponsor of this years’ technology summit. Cloud Carib and the Government of the Bahamas have been working together to lay the foundation needed to transform the government’s ICT infrastructure and establishing the Bahamas as a leader in eGovernment. We look forward to seeing The Bahamas emerge as a technology leader regionally and globally,” said Cloud Carib’s CEO, Scott MacKenzie.

Scott MacKenzie, Cloud Carib’s Chief Executive Officer will be participating in a panel discussion on ‘Transforming the Future of Business’ and Reneldo Russell, Cloud Carib’s Client Delivery Executive of the Public Sector, will be involved in a panel on ‘Disruptive Ideas, Emerging Technologies.’

Cloud Carib patrocina la Cumbre de Tecnología de Gran Bahama

CaribPR Wire, NASSAU, las Bahamas, Nov. 14, 2018: las Bahamas se prepara para celebrar esta semana su segunda cumbre tecnológica anual en Gran Bahama, reuniendo en la isla a expertos mundiales de compañías tecnológicas y entidades regionales para hablar sobre la transformación digital. Bajo la temática “El futuro es ahora”, Cloud Carib se ha asociado con el comité de este año para invitar a agentes clave del sector tecnológico.  La cumbre de este año promete inspirar a profesionales de la TI, a desarrolladores, a innovadores y a partes interesadas, tanto a nivel local como internacional. La conferencia, que se celebrará del 14 al 16 de noviembre, cubrirá una amplia gama de recursos, herramientas, consejos y asesoramiento práctico de profesionales con experiencia en el sector de la información y de la tecnología.

Los principales socios tecnológicos a nivel mundial de Cloud Carib, VMware, Palo Alto, Oracle, Veeam, RedHat, Cybernetica y Cisco asistirán para presentarse en la cumbre. Estos líderes tecnológicos organizarán charlas y talleres sobre tecnología, compartiendo su conocimiento y experiencia en la transformación digital y en el sector de la tecnología. Muchos de estos expertos compartirán información sobre las ventajas que ofrecen sus productos y servicios dentro del viaje del gobierno hacia la transformación digital cuando se combinan con la experiencia y el alcance mundial de una compañía con sede en las Bahamas como Cloud Carib.

“Estamos encantados de ser patrocinadores asociados de la cumbre tecnológica de este año. Cloud Carib y el Gobierno de las Bahamas han estado trabajando juntos para sentar las bases necesarias para transformar la infraestructura de TIC del gobierno y consolidar a las Bahamas como un líder en la administración electrónica. Esperamos ver a las Bahamas emerger como un líder en tecnología a nivel regional y mundial”, dijo Scott MacKenzie, Director General de Cloud Carib.

Scott MacKenzie, Director Ejecutivo de Cloud Carib participará en una mesa redonda sobre ‘Transformar el futuro de los negocios’, y Reneldo Russell, Ejecutivo de Comercialización con Clientes del sector público de Cloud Carib, participará en un debate de un grupo de expertos para abordar el tema ‘Ideas disruptivas, tecnologías emergentes’.


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Scotiabank named 2018 Bank of The Year by LatinFinance

TORONTO, Nov. 6, 2018 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank is proud to have been named 2018 Bank of the Year by LatinFinance for excellence in retail, commercial and investment banking services for Latin America and the Caribbean.

Scotiabank

Scotiabank is the first Canadian bank to ever receive the Bank of the Year award from LatinFinance. The Bank was recognized for its, “overall strategy, volume and diversity of transactions; innovation and foresight; execution quality and success of transactions; role in particularly complex, innovative or large deals over the years; and quantity of transactions worked on over the year, and compared to previous years,” according to LatinFinance.

“We are honoured to have been recognized by LatinFinance as the 2018 Bank of the Year and would like to thank our customers for their loyalty and our employees for their hard work and dedication to providing an excellent customer experience,” said Ignacio (Nacho) Deschamps, Group Head of International Banking and Digital Transformation at Scotiabank. “This award recognizes Scotiabank for our long history in Latin America as well as our new acquisitions that add scale in the important markets we serve, especially in the Pacific Alliance countries.”

The Bank of the Year is chosen by an editorial panel that reviews financial data and research, considers quantitative and qualitative factors, and weighs analyst opinion. Winners will be honoured at an Awards Ceremony in New York City on December 4, 2018 to celebrate LatinFinance’s 30th anniversary.

LatinFinance is the leading source of intelligence on the financial markets and economies of Latin America and the Caribbean, and has covered banking and capital markets in the region for more than 25 years. It also provides detailed transaction pipelines, underwriting and advisory league tables, polls and awards.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 96,000 employees and assets of $947 billion (as at July 31, 2018), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

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Grupo Aeroportuario del Pacifico Will Operate the Norman Manley Airport in 2019

KINGSTON, Jamaica, Oct. 10, 2018 /PRNewswire-HISPANIC PR WIRE/ — The most honorable Andrew Holness, Prime Minister of Jamaica hosted the Norman Manley International Airport Public-Private Partnership Execution of the Concession Agreement to Grupo Aeroportuario del Pacifico (GAP).

The Jamaican authorities, including the Prime Minister, Andrew Holness; during the execution of the concession agreement with the GAP's CEO, Raul Revuelta Musalem

GAP is a Mexican corporation that operates thirteen international airports in large metropolitan areas, industrial centers, and world-class leisure destinations of Mexico and Jamaica. In the last 18 years, the Group has invested over $1.2 billion US Dollars in the airports, positioning itself as one of the fastest growing airport groups of its size in the world. During 2017, the airports of the Group managed 40.7 million of passengers.

In April 2015, Grupo Aeroportuario del Pacifico assumed operational control of Sangster International Airport in Montego Bay, investing over 191 million US Dollars to acquire a 74.5% stake in this airport. This was the largest investment of the Group outside Mexico.

GAP has developed a culture committed to customer service. One of the main objectives of the Group once it takes control of the operations of the Norman Manley International Airport next year, will be to improve the infrastructure and equipment to fulfill passengers’ needs.

Grupo Aeroportuario del Pacifico, manages airports based on establishing strong partnerships with the airport owner, the passengers, the airlines, business developers, members in the air transportation industry and notably, with the local authorities.

“We will collaborate with the government of Jamaica in identifying tourism development opportunities and possible investors from Mexico; as well as explore potential growth for new resorts, tourism facilities and time-share business in parts of the country where the connectivity provided by the airport could be a catalyst”, mentioned Raul Revuelta, Chief Executive Officer of the Group during the ceremony in which participated Hon. Robert Montague, Minister of Transport & Mining.

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) is a Mexican company that operates 13 international airports in the Pacific and Central Regions of Mexico and in the Caribbean:

  • Guadalajara and Tijuana, serving the main metropolitan areas.
  • Mexicali, Hermosillo, Los Mochis, Aguascalientes, Guanajuato and Morelia, serving mid-sized and developing cities.
  • La Paz, Los Cabos, Puerto Vallarta, Manzanillo and Montego Bay, serving some of the leading tourist destinations.

In Mexico, the airports are owned by the Mexican government and were assigned 50-year concessions as part of a national initiative to privatize and improve the quality and safety of the country’s airport services. In the last 18 years, GAP has invested over $1.2 billion USD in the airports. During 2017, the airports of the Group managed 40.7 million passengers.

In April 2015, GAP assumed operational control of the Sangster International Airport in Montego Bay.

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