Jamaica Gleaner - Business - Friday

Berger splits paint portfolio - New boss to focus on Jamaica

Berger is already a dominant name in paints, but the new man in charge wants an even bigger slice of a market that has remained soft over six years, coinciding with the period when the economy lost all of its gloss....

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Credit bureaus get BOJ green light

CRIF NM Credit Assure Limited and Creditinfo Jamaica Limited have received final approval from the Bank of Jamaica (BOJ), clearing the way for the credit bureaus to begin issuing credit reports.The approval followed audits...

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Financial stocks in a slump

Financial stocks fizzled in the March quarter, and the Bank of Jamaica (BOJ) is blaming it on the weak economy and currency fluctuations. The top declining stocks during the period were all financial corporations hurt by the wider economy, the central...

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Armorview-Tank Weld gets J$6b backing from local investors

A Jamaican consortium comprising Musson Jamaica and Tank Weld Group this week revealed that it would harness more than US$60 million (J$5.94b) from local investors to partly finance its proposed liquefied gas power plant.Overseas partner Wartsila will...

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LIME Jamaica delivers on mobile growth

Cable and Wireless Communications (CWC), the parent company of LIME Jamaica, earned US$20 million from its local subsidiary at yearend March 2013, which was about one-third less in operating profit, or EBIDTA, earned from Jamaican transactions a year ago....

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Cruise industry announces passenger bill of rights

The cruise industry said Wednesday that it's adopting a passenger bill of rights that guarantees the "safety, comfort and care" of guests.The bill of rights promises, among other things, full refunds for trips that are cancelled due to mechanical...

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GOJ budgeting and participatory democracy

On Thursday, May 16, while travelling back from the country, I listened with enjoyment on Nationwide radio to the participants in a forum put on by the Jamaica Civil Society Coalition (JCSC) to launch its...

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US senators reach deal on high-tech work visas

Leading senators working to resolve a key issue on immigration legislation have agreed to a compromise covering expansion of a high-tech visa programme, officials said Tuesday, resolving one of two major hurdles to committee passage of the landmark...

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Unions urged to establish job bank within OECS

President of the Caribbean Congress of Labour (CCL), David Messiah, is urging trade unions to help establish a labour market information system (LMIS) within the Organisation of Eastern Caribbean States (OECS).

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Jamaica to amend CARICOM skills law

The JamaicaN Government is to table amendments to the Caribbean Community (Free Movement of Skilled Persons) Act so as to broaden the categories of skilled nationals able to access jobs in other regional countries.Labour and Social Security Minister...