|FSC says Cash Plus must show accounts by Decermber 20 - Regulator wants full details on assets and liabilities
Saying that it is fearful for the safety of money "loaned" by thousands of Jamaicans to the controversia investment scheme, Cash Plus, the Financial Services Commission (FSC) has given Carlos Hill's organisation until December 20 to disclose details about its assets, including how and where they are held.
JHTA boss defends US$10 room surcharge
Jamaica Hotel and Tourism Association (JHTA) presi-dent, Wayne Cummings, has defended the organisation's endorsement of a proposed rate of US$10 a night energy surcharge by the island's hotels, saying that the move is critical in the face of rocketing prices being driven by a ballooning oil bill.
JPS investing another $0.5 billion to curb power theft
Having already announced plans to introduce "smart" meters so that it can better track the electricity consumption of its biggest clients, Jamaica Public Service (JPS) says it is spending another half a billion dollars on technology that will help to curb theft by its residential and small commercial clients.
Week on the web - E-payment solutions for small businesses (Part II)
Part one of this two-part article looked at the costs involved in obtaining 'merchant accounts' from our local banks, and the fact that these costs may be prohibitive to small-businesses and self-employed persons who may wish to set up e-payment systems.
Island Grill outlet opens in Barbados
Thalia Lyn's Island Grill fast-food chain has partnered with the Barbadian conglomerate, Goddard Enterprises, to open a restaurant at Bridgetown's Grantley Adams International airport, in what they expect to be the start of a foray across the Eastern Caribbean.
The global politics of food
As the Caribbean struggles to conclude an economic partnership agreement (EPA) with Europe, a matter has emerged that is just as likely to challenge regional thinking about governance, the economy and international relations. It is the issue of food security and how best to reduce prices without damaging agriculture and government revenues.