RBTT Bank Jamaica has launched a foreign currency credit line for small and medium businesses, offering loans of up to US$250,000 at a discount.The US$10-million fund is available for subscription at 7.5 per cent and 8.0 per cent interest by the export...

Industry and Commerce Minister Karl Samuda has set a November date for the construction of 100,000 square feet of new factory space at Naggo Head in St Catherine.But the project, which has been on the table since last year, will now cost J$700 million...

The Ministry of Industry and Commerce has placed a ban on the importation of used motor vehicle tyres effective July 1, six months after relaxing the rules in an effort to clear a 6,000 backlog at the wharves.The number of tyres sitting on the ports...

Track Price Plus Limited is planning a multimillion head-start to cash in on a one-month old legislative change that expands business possibilities for bookmakers, even as the country's betting and gaming watchdog is...

Sagicor Life of Jamaica is shedding the historic Blue Cross of Jamaica property, acquired 18 months ago when it bought the company's health-insurance portfolio for J$1.7 billion.

Jamaica continues to be attractive to United States investors, despite the recent civil unrest in west Kingston, says Rick Wade, senior adviser and deputy chief of staff at the US Department of Commerce.

The initial public offering for Jamaican Teas Limited was oversub-scribed two minutes after subscriptions opened in Kingston to a hungry equities market.Mayberry Investments Limited (MIL) lead broker and financial adviser to Jamaican Teas, advised in a...

Are you a 'well-thinking' Jamaican? If so, does this mean that the three pound mass of jelly that is the human brain is functioning properly? That the 100 billion nerve cells interacting with each other are firing normally?

With an eye on improving what it said was a flat sales performance over the past two years, large distributor HD Hopwood Limited has spent more that J$8 million to set up a new warehouse in Montego Bay, targeting the scores of smaller mom-and-pop shops...

The makeover of Rapid True Value stores will start showing results by August when the first store will be unveiled in Kingston, but Hardware and Lumber (H&L) Limited, the operating company for the chain, says it is still tidying up the project...

Spirit Airlines made a deal with its pilots on Wednesday that will end their strike, and the airline said it would fly again starting today, Friday.

United States District Judge David Hittner has given the nod for a review of documents related to allegations that lawyers of disgraced financier Allen Stanford were engaged in insurance fraud.Hittner is handling the criminal case against Stanford but...

The head of Trinidad and Tobago's central bank voiced concern Tuesday about the government's deficit in this oil and gas-rich Caribbean nation.Bank Governor Ewart Williams warned that the 2010 budget projects that government spending will exceed...

Steve Bideshi has been named head of a select committee tasked with advising the new Kamla Persad-Bissesar government on how to clean up the financial mess at CL Financial and insurance group CLICO, which have been under the control of the state for 18...

SHANGHAI, China: The aroma was unmistakable. Freshly brewed Blue Mountain coffee welcomed visitors to the Jamaican booth at the Shanghai Expo, where the world has put its cities on display for six months to October 31.

Plans by the St Thomas Co-operative Credit Union Limited (STCCU) to grow its way out of the ensuing recession by setting up a subsidiary financial institution in another Caribbean territory, has been shelved on the request...