New hope for coffee insurance

The Coffee Industry Board (CIB) is considering a replacement insurance scheme for coffee farmers, in the wake of last year's ruling by the Supreme Court that the decade-old trust fund created by the board was not an effective vehicle....

UDC in limbo without a board

The Urban Development Corporation (UDC), more than three months into the Simpson Miller administration, is still without a board and an appointed general manager.But the prime minister's press secretary said Thursday...

Chris Issa makes serious offer for former Breezes Montego Bay

The National Insurance Fund (NIF) has confirmed the interest of lawyer and hotelier Christopher Issa in the purchase of the former Breezes Montego Bay hotel...

Mystery of the missing coffee

Derrick Simon, president of Jamaica Coffee Growers Association, has charged that 56,000 kilograms of coffee, amounting to one-fifth of last year's crop, has mysteriously disappeared from inventory...

JIIC bounces back

Bouncing back from a loss, Jamaica International Insurance Company (JIIC) has reported underwriting profit of $43 million at yearend December 2011...

JPS assets lose $1.8b of value after revaluation

Monopoly electricity distributor Jamaica Public Service Company (JPS) has slashed US$21.3 million (J$1.85b) from the value of its land assets...

CCRIF recruiting new insurance manager

The contract for insurance manager of the regional insurance fund, Caribbean Catastrophe Risk Insurance Facility (CCRIF), is up for grabs again following the expiration of the contract held by Sagicor Insurance Managers (SIM).CCRIF says on its website...

Wall Street 'elephant hunt' and Caribbean fiscal crisis

First a definition: 'elephant hunt' refers not to out-of-favour big game hunting in Africa.Rather, courtesy of recently resigned Goldman Sachs 12-year veteran Greg Smith, it means "get your clients...

Balancing act

Just as it appeared that financial markets in Europe were stabilising and that economic growth in the United States was accelerating, some negative factors have come to the fore...

Latin America can avoid the status quo trap

As Cartagena's sixth Summit of the Americas revs up, Latin America will join the hemisphere-wide gathering boasting a unique position on the global stage - a stark contrast with the previous gathering in Trinidad and Tobago, almost three years ago.

Americas summit host seeks role as regional leader

Colombian President Juan Manuel Santos faced a dilemma.He was set to take centre stage as host of this weekend's summit of Western Hemisphere leaders in this colonial-era port...

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