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Caribbean Construction Costs Rising

Jun 20, 2008

The cost of obtaining funds to develop large real estate projects in the Caribbean, like hotels, has risen significantly in the past year across various products, according to Tim Lorimer, vp for corporate finance at Scotiabank. One of the...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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