Digicel makes bid for Colombian telecoms
Mobile telecommunications provider, Digicel Group, is hunting con-trolling stakes in a Colombian cellular company but is up against two other bidders from Europe and South America. The outcome of the bid for Colombia Móvil is to be announced Thursday.

Berry bats for stocks as best investment option
Despite steep declines in the stock market, investment advisor Christopher Berry says stocks remain the best deal available for local investors. "Local Equities have delivered spectacular returns since 1999 relative to all other investments," said Berry..

Sogea scores another $multimillion water deal... KMA rehab to be largest in history
Sogea Satom has scored another multimillion water contract here, this time for $1.5 billion, to pump life into the existing creaky distribution systems across Spanish Town and other areas of south-east.

$5m loan fund launched for inner-city businesses
JN Small Business Loans Limited yesterday signed a memorandum of understanding with the Capoeira for Empower-ment and Peace Programme (CEPP) for small businesses within the inner city to access...

Windwards banana company to diversify product base
The Windward Islands Banana Development and Export Company (WIBDECO) has plans to diversify into products that may shift it outside its agricultural base. A decision on the products is pending a study by United Kingdom-based consultants...

T&T using soccer to attract European investments
PORT-OF-SPAIN, Trinidad (CMC): Trinidad and Tobago is seeking to capitalise on the interest generated by the Soca Warriors' participation in the 2006 World Cup Football Finals in Germany to drive European investment in its non-energy sectors.

Head of Bolivian state oil company resigns
LA PAZ, Bolivia (AP): The president of Bolivia's state oil company, Jorge Alvarado, re-signed Monday amid a probe into a contract with a Brazilian company, marking a setback in President Evo Morales' drive to nationalise the hydrocarbons industry.