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Outsourcer expands via 30% equity sale

A Caribbean business process outsourcer, which has an operation in Freeport, has sold a collective 30 percent equity stake to two Jamaican private equity firms to help finance further regional expansion.

Agencies team on cascarilla industry

Government agencies have allocated some $200,000 to hep stimulate the creation of a cascarilla industry in the southern Bahamas using the co-operative model.