Jamaica goes for coal - Supply problems move LNG from top of energy mix
Jamaica's inability to source LNG has forced the Golding administration to abandon the commodity as the primary energy source for the country's development and instead look to coal as its key fuel source, the energy minister, Clive Mullings, has disclosed...
Cable and Wireless eyes Nov 15 for launch of 3G network
Cable and Wireless Jamaica (C&WJ) is to roll out its cutting edge 3G cellular network on November 15, according to a top executive at the one-time monopoly telecoms. Speaking at the Private Sector Organisation of Jamaica's Job Creation Awards ceremony at the Terra Nova hotel...
New insurance product for disabled credit union borrowers - Cuna Mutual will pay up to $1.2 million on debt
Cuna Mutual Group, which specialises in insurance coverage for Jamaican credit unions and cooperatives, has launched a new product that will provide a cushion to borrowers who become temporarily disabled and can't meet their payments while helping to protect the portfolios...
Shaw vows to reform public sector - Promises overhaul in new financial year
AUDLEY SHAW, finance and public service minister, committed the Golding administration to an overhaul of the public sector during the next fiscal year, but stopped short of saying whether this require the slashing of thousands of government jobs...
WINAIR to link Antigua and Barbuda
ST JOHN'S, Antigua CMC): The St Maarten-based WINAIR says it will begin service between Antigua and Barbuda and recommence flights to Montserrat next month."It's a great feeling to add Barbuda to the map and going back into Montserrat," Managing Director...
Barbados says it could be hurt by America's woes
BRIDGETOWN, Barbados CMC): The Central Bank of Barbados has warned that the growing likelihood of a recession in the United Sates poses danger to the island's economy."As the US economy slows or goes into recession as it copes with these difficulties...
IMF expects St Lucia to grow again
WASHINGTON (CMC): The International Monetary Fund (IMF) says although economic activity was 'flat' in St Lucia in 2007, growth is likely to accelerate over the next two years. The IMF says agriculture, the tourism sector and related support activities would spur the economic ...
Group slams PM's decision to sign Economic Partnership Agreement
CASTRIES, St Lucia (CMC): The Civil Society Network of St Lucia (CSNS) has criticised the decision of Prime Minister Stephenson King to sign the controversial Economic Partnership Agreement (EPA) with Europe.
Germany to keep 'Volkswagen Law'
FRANKFURT, Germany (AP): Chancellor Angela Merkel vowed on Tuesday that the German government would strive to keep in place the so-called 'Volkswagen Law', allowing the state of Lower Saxony a blocking minority of Europe's largest carmaker Volkswagen...
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