Wallenford, Starbucks ink coffee deal

Wallenford Coffee Company Limited, a state-owned enterprise, is finalising a deal with Starbucks Coffee Company that will see Jamaican coffee added to the menu in 55 of the international chain's 'high-end'...

BOJ relaxes cash-reserve policy

The Bank of Jamaica (BOJ) has cut by two percentage points the cash reserve requirements for Jamaican-dollar liabilities of deposit-taking institutions, moving it to 12 per cent, with a similar reduction in the liquid assets requirement....

Mortgage demand heads south but rates hold firm

The cost of debt has been trending down across the spectrum, but private mortgage lenders have so far refused to budge on rates, despite a plunge in new business that has set the industry back three years....

JSDA presses for forex policy rethink

Jamaica's securities dealers are ramping up calls for the Bank of Jamaica (BOJ) to ease restrictions on foreign currency products, saying the policy constrains investment houses who are being pressed by regulators to diversify away from repos...

LNG financing, supplies unsettled

Jamaica is at least seven months away from a final deal on a floating liquid natural gas (LNG) platform and supplies lines for the new energy option, but investors in the project are already signalling that Trinidad is unlikely to be the supply...

Japan demanding more eco-friendly Jamaica coffee

Jamaica and Japan are collaborating on a new programme for eco-friendly coffee production aimed at attacking pests now bedevilling crops chiefly marketed to the Asian country.The Coffee Industry Board (CIB) is working with...

Two weeks in the People's Republic

BEIJING, China: At 5 o'clock on a Saturday morning, Beijing is quiet, almost tranquil.The streets are close to being bare of traffic, but even with open roads there is no rush to the next destination; no one is speeding ...

lack of leadership stifling Caribbean integration - Gonsalves

Dr Ralph Gonsalves, prime minister of St Vincent and the Grenadines, is growing more impatient at the slow progress toward regional integration, and has hit out at his colleagues whose lack of political will he now sees as the main impediment....

Furniture maker narrows scope as demand wanes

The Original Bamboo Factory Limited has wrapped up operations under its old name and is now trading as Bamboo Jamaica, with a more targeted focus on custom-made furniture.The 20-year-old operation, run by John Hamilton...

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