Tue | Mar 31, 2015

Business

United States resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some heft to China's frequent complaints that Washington wants to contain its rise as a world power.South Korea, one of...

On Sandals Resorts International's website, the hotel group touts five brands, two of which relate to at least nine villa holdings, at least three of which are the private property of the company's founder and chairman that have been opened up to...

EXIM Bank Jamaica is moving to double growth in its trade credit insurance portfolio with an offer of coverage for local producers as they enter into non-traditional markets including South America, chief officer for credit Charles Lewis indicated...

Even some ardent detractors have had to call it a reasoned, empathetic and statesmanlike Budget speech that was presented by Opposition Leader Andrew Holness on March 19.He introduced many government MPs - maybe all, including the prime minister -...

Mexico is the unsung hero of Latin America. It was not the beneficiary of any catchy acronyms or marketing campaigns.Even though it is an important producer of raw materials, the commodity boom came and left without much of an effect on the economy....

The Ministry of Industry, Investment and Commerce is searching for a consultant to conduct a feasibility study on the Caymanas Special Economic Zone (CSEZ), at the same time that it has launched a search for a master developer for the 1,700-acre...

Salada gets new chairmanCoffee-processing company Salada Foods Jamaica Limited says John Bell has resigned as director and chairman of the company's board, effective March 5.He was replaced immediately by Patrick Williams as chairman.Kathryn Lewis...

H.J. Heinz Company is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue of about US$28 billion.The Kraft Heinz Company will own Kraft, Heinz, Oscar Mayer, Ore-Ida and large stable of other...

Energy Minister Phillip Paulwell has joined Private Sector Organisation of Jamaica (PSOJ) President William Mahfood in calling for a review of the pricing arrangements under which Jamaica imports refined petroleum products from Trinidad.Both suggest...

The consortium of French shipping group CMA CGM and its port terminals subsidiary, Terminal Link, has been selected for a long-term concession to finance, expand, operate and transfer Jamaica's main seaport, Kingston Container Terminal (KCT).Prime...
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