UWI's $40b growth plan - Virtual campus among measures to boost market
The University of the West Indies (UWI) will, under a broad five-year plan to grow enrollment and reshape its programmes to deliver 'work-ready graduates', launch a fourth campus, in cyberspace, to reach markets where it currently has no learning centres....
Few takers for airport commercial space
The Norman Manley International Airports Limited (NMIAL) sale of concessions for commercial space at the expanded airport has generated lukewarm response, forcing a second bid round. NMIAL, a subsidiary company of the Airports Authority of Jamaica (AAJ) established...
Wayne Dass is new head of CariCRIS
The nascent regional ratings agency CariCRIS has a new chief executive, Wayne Dass, successor to S. Venkat Raman who is heading back to his job at CRISIL in India. CRISIL is a subsidiary of Standard and Poors, and India's largest credit-rating service.
$1.2 billion LRS goes on auction
A new $1.2 billion local registered stock goes on sale today at an indicative coupon rate of 12.25 per cent.The five-year debt instrument remains on the market until Friday. The minimum bid is $5,000. Investors applying for stock exceeding $20,000...
Massias to invest $500 million in Island Networks
Telecommunications provider Island Networks Limited has a $500 million plan to expand the company, domestically and regionally, as it homes in on a bigger slice of the data services market. Chief executive officer Andrew Massias told Wednesday Business...
Alcoa now a takeover target
BHP Billiton Limited, the world's biggest miner, is in talks with private-equity firms to team up for a possible US$40 billion bid for United States aluminum company Alcoa, the Times said on Tuesday. The United Kingdom newspaper, citing unnamed sources...
EU picks French candidate as new IMF chief - Selection debate revived
The European Union chose Dominique Strauss-Kahn yesterday to head the International Monetary Fund (IMF), putting the former French finance minister in line to succeed Rodrigo de Rato in October. Portugal, which leads talks between all 27 EU nations, said...
Sprint 'fires' 1,000 customers for calling client support 'too often'
Sprint Nextel Corp., the third-largest wireless provider in the United States, has axed about 1,000 subscribers, saying the company's records showed they had made frequent calls for help with questions about billing and other account information.
Virtual bridge - The knowledge process outsourcing industry
Taking a cue from last week, let us look into a phenomenon of outsourcing that has taken it to the next level. For most of us, this means the call centres brimming with youngsters, taking care of customer service for a client sitting several time zones apart.
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