Jamaica National Bank launched

first_imgEarl Jarrett discusses opening of JN Bank After some eight years of planning and negotiation, Jamaica National Bank (JN Bank) began operation in Kingston, Jamaica on February 1. The bank, the result of the reorganization of Jamaica National Building Society (JNBS), is Jamaica’s newest and seventh commercial bank, but the only one to be owned by its members who are also members of the Jamaica National Building Society.The bank is the nation’s third largest with announced assets of $180 billion and savings of $10 billion.JN Bank’s managing director is Maureen Hayden-Cater who said the bank’s customers can look forward to special banking packages and new features that will position the bank to increase its competitiveness in the already competitive commercial banking sector.  She said the bank is anxious to serve its customers and provide the services that members of the Building Society had been seeking for the past several years.   JNBS has over half-a-million members including Jamaicans in the Diaspora who are now customers of JN Bank. The financial institution has members in Jamaican communities in the United States. Canada and the United Kingdom.Already having a extensive nationwide networks through the building society the services of the bank will extend to 34 locations, including 25 branches and nine Money Shops.Earl Jarrett, general manager of JN Group of which JN Bank is a subsidiary, said one of the new bank’s objective is to “deliver the greatest level of customer service” and offer banking fees that are lower than the those offered by other of Jamaica’s commercial bank.A potential pool of new customers for the bank are government employees. Now that JNBS is operating as a commercial bank, these employees can open accounts and deposit their salary checks with the bank. Public sector regulations dictate that the salaries of public sector employees can only be deposited with commercial banks.The Jamaica National Building Society was founded in 1864, as the Westmoreland Building Society. After a series of mergers, it emerged as the Jamaica National Building Society in 1970, and now becomes one of Jamaica’s largest commercial banks.last_img read more

Caribbean nationals nabbed in drug bust on high seas

first_imgSix Caribbean nationals – three Bahamians, two Jamaicans and one Guyanese – were taken into custody over the weekend after a boat with 750 pounds of marijuana was intercepted by the United States Coast Guard.Officials said a Coast Guard cutter conducted a safety boarding of a 35-foot sport fisher approximately 11 miles east of Boca Raton, Florida.As the cutter crew came alongside the vessel, they saw a package being thrown overboard. It was later recovered.The crew discovered an additional 17 bales and three packages aboard the vessel, and seized approximately 750 pounds of marijuana.They also took the six people who were on board into custody.“This interdiction is a direct success of our focused efforts to defeat these transnational criminal networks,” said Commander Willie Carmichael, acting chief of enforcement for Seventh Coast Guard District.“Our newest fast response cutters have proven critical in defending our maritime border, which these criminal organizations seek to exploit.”Approximately 45 miles separate the South Florida and Bahamian coasts, and the US Coast Guard says it constantly patrols the area along with other law enforcement partners to detect, deter and stop illegal smuggling ventures.Jamaican cops seize large stash of cocaine from hull of Spanish shiplast_img read more

Drug Offenders Nabbed During BSO Drug Bust – Guns & Cash…

first_imgPhoto Courtesy of Brookings Institute Caribbean-Americans fear of their children being hooked on illegal drugs has been allayed somewhat with the recent bust of 82 drug dealers and traffickers during a three-day crackdown by the Broward Sheriff’s Office.Police in Broward County said the sting operation was to help curb opioid abuse and the rise in related deathsDubbed Operation Bad Dose, the sting was carried out with assistance from the Drug Enforcement Administration, Alcohol, Tobacco & Firearms, the U.S. Marshals, the High-Intensity Drug Trafficking Area, State Probation and the Fort Lauderdale Police Department.“This devastating crisis knows no bounds and affects individuals of every race, color, and socioeconomic status,” Broward County Sheriff Scott Israel said in a statement. “It’s infecting our neighborhoods, poisoning our children and filling our morgues. We are committed to ending this alarming epidemic and saving lives.”29,6000 grams of narcotics off the streetsAuthorities said the drug sting took place over several months. Undercover detectives utilized tips from informants and the public to identify people who they said were bringing heroin into the U.S, The detectives also identified the dealers selling it on the streets of Broward County.Deputies said the arrests came after authorities executed 14 search warrants.Authorities said 29,600 grams of narcotics were prevented from being distributed on the streets, and 15 guns and more than $151,000 were seized.Heroin trafficking of 28 grams or more in the state of Florida carries a minimum mandatory sentence of 25 years in prison.last_img read more

Bob Marley Museum to celebrate anniversary of Smile Jamaica concert on…

first_imgBob Marley’s historical Smile Jamaica concert held in Jamaica in 1976 will be commemorated by the Bob Marley Museum on December 2. Bob Marley’s historical Smile Jamaica concert held in Jamaica in 1976 will be commemorated by the Bob Marley Museum on December 2. Smile Orange concertThe Bob Marley Museum in Jamaica will celebrate the 41st anniversary of the iconic Smile Jamaica concert on December 2.To commemorate this defining moment in Bob Marley’s life where he performed to an audience of over 80,000 patrons, just two days after being shot, the museum will launch a series of night tours which will culminate in the very room in which Bob Marley was shot.The celebration will run from 6:00 p.m. to 10:00 p.m. at Bob Marley’s home at 56 Hope Road with several special guest performers, all paying tribute to the legend.The event, being staged under the theme, “Make Someone Smile”, will also include a charitable component.Part proceeds from the event will be used by the Bob Marley Foundation to fund a music room at the Haile Selassie High School.Patrons are also being asked to donate non-perishable items which will be distributed to Reddies Children’s Home supported by the foundation.last_img read more

C.A.S.A. Masters & Super League Opening Day Ceremony: February 3, 2018

first_imgThe opening ceremony for the 2018 C.A.S.A. Masters and Super League with take place at the Lauderhill Sports Park on February 3, 2018.There will be a parade of the teams from both Master and Super LeaguesThere will be two exhibition games between Championship teams from Atlanta and CASA counterparts. They will be playing for Caribbean National Weekly Cups sponsored by the Caribbean National Weekly newspaper. The games and participating teams are: Master League Exhibition game (over 40s)OldTymers FC  vs Cariblanta FCSuper League ExhibitionLauderdale Lakes Blazers vs Yardez FCNetball LeagueThe City of Lauderhill also has a very active netball league in the Netball Youth Sports Association (NYSA). The league is tasked with popularizing netball in the United States, and it is from this community of netballers that the United States netball team is composed.There will be netball games during the CASA/NYSA opening day celebrations.NYSA is led by its president, Radica Wright, “a fearless evangelist for netball in the USA.”The teams in the netball league are: following that list are the names of the USA National team players.TEAMS:7STRIKERSALROUNDAZCARICOMDYNASTYELITENYSA]NYSA JAX JAGSROCKERSMembers of the USA national team are: Alicia Crichton Alisi Carroll, Camara Gordon, Nyoka Jackson, Nichala Gibson Sashalee Washington, Sephen Cousins, Swasha Perkins, Tasha Morgan, Tyiesha Bennett, Yentl Swartz, Annette Payne Britney Shae, Camille Henry, Crystal Gordon, Damichell Hightower. Jannalle Norman, Kris-Ann Michelle Brown-Wright, Measha Brown, Natalie Hosang, Nikisha Tyndall, Oshina Graham Tonya Thomas, Tishawna Daley and Driana Akuetaire.The national team will be competing in a competition in Barbados in the summer.last_img read more

Bolt on two-day trial with Borussia Dortmund

first_imgUsain Bolt participated in his first training session with German Bundesliga club Borussia Dortmund on Friday and trained alongside Marco Reus and Mario Gotze in a two-day trial.Usain Bolt’s got game. (via @Bundesliga_EN) pic.twitter.com/PVEBFQyKu4— ESPN FC (@ESPNFC) March 24, 2018The retired sprinter has always harbored hopes of playing for Manchester United and was involved in an open training session with Dortmund’s first team.He was pictured training in the famous yellow and black colors of the Bundesliga club, enjoying a session with those that were not selected for international duty, including ex-Chelsea forward Andrew Schurrle.Bolt also trained with the South African team Mamelodi Sundowns in January and will participate in a charity match at old Trafford in June.Dortmund’s next game after the international break is against rival’s Bayern Munich on March 31.last_img read more

Digicel Jamaica Appoints First Female CEO, Allison Cole-Philbert

first_imgKINGSTON, Jamaica – Earlier today, Caribbean telecommunications giant, Digicel announced the appointment of Allison Cole-Philbert as its chief executive officer (CEO) of Digicel Jamaica.Cole Philbert replaces Justin Morin, the first Jamaican CEO of Digicel’s Jamaica operations, who was appointed the position in 2017. She will be the first woman to be appointed as a CEO of Digicel Jamaica.With over 20 years of experience in the telecommunications industry, Allison Cole-Philbert will drive the company’s new digital strategy going forward. The Jamaican has held various senior positions at the American telecommunications company, Verizon, including Vice President of Regional Operations- New England from 2012 to 2017.Allison joined the Digicel Jamaica team this February in the role of Digital Programme Director. She holds a BS and MS from George Washington University and an MBA from Georgetown University McDonough School of Business.The appointment of Cole-Philbert is a win for businesswomen in Jamaica, especially CEOs. In 2015, a study done by by the International Labor Organization (ILO) found that Jamaica had the highest percent of female company managers than any other country in the world, with 59.3 percent.But despite the positive news for Jamaica, women were still underrepresented, globally, at the CEO level. Women represent around only 5% of CEOs of the largest global corporations, and they own and run 30% of the businesses in 73 out of 128 countries for which data was available.Allison steps into her new role as CEO at the end of July.last_img read more

Caribbean Hotels Unite For Online Travel Auction to Support Bahamas After…

first_imgMIAMI – From Aruba to Jamaica and The Bahamas to Bermuda, hotels and resorts have joined with the Caribbean Hotel and Tourism Association (CHTA) to launch an online auction to help support the long-term recovery of the northwestern islands of the Bahamas.Lovers of the Caribbean, as well as those who are looking to fall in love with the Caribbean for the first time, will have many destinations and hotels to choose from as they shop and bid on vacation options, while helping those in need, according to CHTA’s President, Barbados-based hotelier Patricia Affonso-Dass.She thanked hotels and resorts throughout the Caribbean basin, and a resort as far afield as Austria for donating room stays which the travelling public can bid on through the Charitybuzz online fundraising portal.The public is urged to shop, bid and show their support by visiting Charity Buzz -Caribbean Hotels for Bahamas.“We are thankful for the contributions of our hotel and resort partners to assist the people of The Bahamas during this very difficult period,” said Affonso-Dass, who also invited the public to support the cause and enjoy the opportunity to travel to the Caribbean, including parts of The Bahamas which were unaffected by Dorian.Hurricane Dorian unleashed unimaginable destruction to The Abacos and Grand Bahama,  destroying critical infrastructure, thousands of homes and businesses, and uprooting the lives of tens of thousands of residents, who are now homeless.“The recovery will be long and painful,” said Frank Comito, CHTA’s Director General and  CEO, who noted that many hoteliers have come together to offer an array of accommodation options to one of the world’s most desirable travel destinations. “Whether you are shopping for a romantic escape, a family gathering, a business retreat, a personal getaway or a holiday gift, there’s much to choose from – all while helping to support people in need,” he said.“Caribbean Hotels Unite for The Bahamas” is a joint fundraising initiative between CHTA and the Bahamas Hotel and Tourism Association (BHTA) to bring relief to the people of The Abacos and Grand Bahama, who have been seriously impacted by Hurricane Dorian. The funds raised will be made available to meet the most urgent needs identified by CHTA and BHTA.A former Bahamian resident, Comito, who was Executive Vice President for BHTA for over 10 years and served in a similar capacity before that with the Nassau Tourism Development Board, reminded the traveling public that most of The Bahamas escaped serious damage from the hurricane.“Nassau, Paradise Island, The Exumas, Eleuthera, Andros, Cat Island, Bimini, San Salvador, Rum Cay, Long Island, Acklins/Crooked Island, Ragged Island, Mayaguana and Inagua each present great travel options for the public as do more than 30 other destinations throughout the Caribbean,” added Comito.“The best way to help The Bahamas is to travel to The Bahamas,” he said.Bidding on hotel stays is open to the public at: Charity Buzz -Caribbean Hotels for Bahamas.CHTA is still accepting donated room stays. Hotels interested in pledging a 3- to 7-night vacation package to be auctioned through Charitybuzz, can email information@caribbeanhotelandtourism.com or call +1 305 443-3040.last_img read more

GambleAware secures record breaking £8 million, but charity urges industry stakeholders for deeper contribution

first_img Updating the media and markets, Industry charity GambleAware has today confirmed that it has raised record-breaking £8 million in the 12 months ending 31st March 2017.However, despite the upturn in its funding, the charity has detailed that the figure still represents a 20% shortfall of the target set by the Responsible Gambling Strategy Board.An industry policy and best practices stakeholder, GambleAware is responsible for delivering many of the priority actions and provisions set out in the National Responsible Gambling Strategy 2016-19, published by the Responsible Gambling Strategy Board and endorsed by the UK Gambling Commission (UKGC).In 2012, the charity was granted the primary responsibility of raising the funds required to deliver this strategy. As such, the charity acts as the commissioner of research, education and treatment services from a wide range of organisations across Great Britain, ensuring funds are allocated and spent efficiently and effectively.Marc Etches, Chief Executive of GambleAware, commented on the update: “GambleAware is committed to minimising gambling-related harm in Great Britain. Our aim is to stop people getting into problems with their gambling and to ensure those that do develop problems receive fast and effective treatment and support.“In Great Britain, it is estimated that 250,000 people have a gambling problem, and another 470,000 are at risk of developing one. However, only 3% of those who need help are currently getting the support they need. We all need to do more to raise awareness of the services available and to ensure sufficient capacity to meet increased demand.“This requires all businesses that profit from gambling to step up to the plate in the next twelve months to help us achieve our objectives. Whilst we continue to see the merits for maintaining the voluntary system of funding for research, education and treatment, our first priority has to be providing sufficient help for all those who seek it, so we would not hesitate in supporting the commencement of a statutory levy if the voluntary system fails to deliver.” Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Submit StumbleUpon Related Articles GambleAware: Engage those with lived experience of gambling harms August 28, 2020 Share UKGC launches fourth National Lottery licence competition August 28, 2020 Sharelast_img read more

LeoVegas promotes Jarl Modén to Group CPO

first_imgShare Share Related Articles StumbleUpon Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 Submit Jarl Modén – LeoVegas ABUpdating the market, Stockholm-listed online gambling operator LeoVegas Group AB has confirmed the promotion of Jarl Modén to the senior executive position of Chief Product Officer (CPO).Modén has been a LeoVegas product executive since 2014, acting as a key stakeholder in a number of group projects and tech developments. Modén most recently held the position of Head of Product within LeoVegas Stockholm division.As new group CPO, Modén will lead all LeoVegas product management and day-to-day operations, as the company seeks to optimise its online casino and sports betting portfolio.“Ever since I started with LeoVegas, I’ve always been extremely impressed and inspired by the amazing growth and drive of my colleagues in developing the best mobile gaming experience in the market. I look very much forward to work in my new role as CPO and will continue to build the leading product organization in the industry and accelerate our product innovation further,” Moden commented on becoming CPO.LeoVegas governance informs that Moden was chosen as group product lead, following a transition period in which Modén acted as CPO.Updating investors, Gustaf Hagman, Group CEO at LeoVegas, commented: “It felt natural that Jarl should be the one to shoulder the responsibility as our new CPO. He is the perfect individual to continue to build our product organization, which together with our tech organisation, accounts for a quarter of LeoVegas’ workforce. Jarl is also a person who represents our corporate culture in an exemplary manner and I look forward to see what he and his team will be able to achieve in the future.”last_img read more