PARENT FIRM OF FLOW ACQUIRES TELECOM IN EASTERN CARIBBEAN—03/09/13
Columbus International, the parent company of Flow, will acquire Kelcom International Ltd., a telecommunications provider in the Eastern Caribbean. The telecom operates under the name of Karib Cable, and it is the top cable system in St. Lucia, St. Vincent and the Grenadines, and Antigua. The firm also holds licenses in Barbados, where it has started to deploy its network. When the transaction is completed, Columbus International will have retail operations in eight countries in the region serving over 750,000 households.
SCHOOL OF SCIENCE AT UWI REBRANDED—03/10/13
Three of the University of the West Indies (UWI) departments of science in Jamaica, Barbados and Trinidad are being rebranded and restructured. The action is designed to commercialize its research and development creations. UWI hopes to leverage innovations into money-making activities that will offer new resources for continuing its R&D. Included in the endeavor in Jamaica is optics, which Involves the stud of light and photonics.
PETROLEUM FIRM TO UPGRADE TO MORE EFFICIENT LIGHTING—03/11/13
The Petroleum Company of Jamaica (PCJ) plans to spend $5.6 million to upgrade lighting facilities in three public sector entities in order to reduce energy costs. According to the PCJ, the upgrades will occur at the May Pen and Spanish Town hospitals, and the Jamaica Police Convalescent Center (JPCC). When completed, the project will save some 29,000 kilowatt hours every year, or over J$950,000.
NEW TOURISM WEBSITE FOR THE CARIBBEAN LAUNCHED—03/13/13
The Caribbean now has a region-wide web portal that is dedicated to promoting the area to tourists around the world. The Caribbeantravel.com website, which was developed by the Caribbean Tourism Development Company, is public-private sector initiative designed to facilitate regional marketing efforts. The Cayman Islands is participating in the initiative, which is a partnership between the Caribbean Tourism Organization and the Caribbean Hotel and Tourism Association.