Jamaica Gleaner Business
Published: Monday Friday | January 1, 2010
Omar's New Year wish list - Procurement waivers, cheap factory space, single-digit interest rates
President of the Jamaica Manufacturers' Association (JMA) Omar Azan, while accepting that in 2009 manufacturers benefited from the removal of the two per cent customs users fees (CUF) on raw material and capital equipment, says that more has to be done... Read More...
2009, the Caribbean's 'Annus horribilis'
In 1992, Britain's Queen Elizabeth used the term "annus horribilis" to describe the year in which the marriages of her two sons, Charles and Andrew, broke down and Windsor Castle caught fire. Seventeen years later, Caribbean countries experiencing their own annus... Read More...
New decade, new plan for coffee - Agriculture ministry spearheads Asia marketing strategy
The Ministry of Agriculture is putting in place what it says is a high-level, strategic marketing committee to guide the diversification of marketing efforts for Jamaican coffee, with a keen eye on ramping up sales volumes to China, Europe and the United States... Read More...
Sagicor appoints new chairman
Sagicor Financial Corporation (SFC) said Wednesday that chairman Terrence Martins has retired from the company's board of directors effective December 31, and would be replaced immediately by Stephen McNamara. Martins, a former chief executive officer... Read More...
Kingston Bookshop head chosen as custos
Steadman Fuller, chief executive officer of Kingston Bookshop Limited, has been appointed custos rotulorum of Kingston, effective January 1. Fuller succeeds Rev Canon Weeville Gordon, who retired December 31, 2009.The bookseller said he would remain head... Read More...
Movements
Williams giving up two positions - Chris Williams, whose resignation from NCB Capital Markets Limited becomes official at the end of January, says he will also be stepping down as deputy chairman and director of Jamaica Stock Exchange Limited... Read More...
Oil ends 2009 just below US$80
Oil prices on Thursday hit US$80 a barrel for the first time in seven weeks as the dollar sank on the final day of the year.Benchmark crude for February delivery added 53 cents at $79.89 a barrel on the New York Mercantile Exchange at midday. Read More...
Banks woo credit card clients at yearend
In a bid to boost credit card usage and also leverage business from holiday traffic, local banks spent big bucks in December to push their products through advertisements and store promotions. Bank of Jamaica (BOJ) data indicates that credit card receivables... Read More...
Commentary - Of tax kites, burdened finance minister and 'not in my cabinet'
In my last column, I forgot to mention taking two weeks off during the holidays. Do forgive me. I hope, rather feel pretty sure, 'Financial Gleaner' readers managed to disregard the Christmas-tax-package fiasco long enough to enjoy themselves... Read More...
Commentary - Many dangers lurking in cyberspace Part 1: Managing the threats
Individuals and entities in the public and private sectors in Jamaica have become increasingly dependent on information and telecommunication technologies.Digital equipment and devices of all... Read More...
Four admit gaming US visa system for seasonal workers
Four employees at a staffing company have admitted they scammed the visa system to bring hundreds of seasonal workers into the United States (US) for clients.International Personnel Resources in West Chester, Pennsylvania, applied for temporary work... Read More...
