Plans to sell the Palmyra Resort & Spa at auction have failed, according to well-placed sources, despite two extensions on the original sealed-bid deadline...

Jamaica's unemployment rate spiked in January, according to new jobs data from the Statistical Institute of Jamaica (STATIN). The findings of the January 2012 Labour Force Survey released in May put the unemployment rate at 14.1 per cent...

Pan-Jamaican Investment Trust on Thursday announced the acquisition of a 20 per cent shareholding in the Melville family-owned Chukka Caribbean Adven-tures, aimed at financing the expansion of the tour company....

In a judgment handed down last week, a Supreme Court judge ruled that business transacted under contract with a cambio dealer has greater protection than investors in securities, even when both services are offered by the same company....

Exmar has told its shareholders that it has reintegrated Jamaica into plans to grow in regional liquified natural gas (LNG) markets.The advisory, published May 15, signals confidence by the Belgium company that it will eventually be successful at...

It's always a difficult question to answer: What's the most important news story this week, or rather this past week? One might answer: Well, from whose perspective? Are we talking about Jamaica, Caricom, the world? How does one go about making this determination anyway?...

The financial and sovereign debt crises have brought to light the need for better financial reporting by governments worldwide, and the need for improvements in the management of public-sector resources.

Spirits conglomerate Lascelles de Mercado and Company made J$866 million net profit for its March 2012 quarter, up 20 per cent over year-earlier levels based on rising sugar sales which offset car import delays and cargo-handling fees....

The Haitian government is drafting legislation for the newly emerging mining industry to help this impoverished Caribbean nation reap benefits, the new prime minister said Tuesday.Laurent Lamothe, who saw his Cabinet and policy plan approved hours...

Insiders and early Facebook investors are taking advantage of increasing investor demand and selling more of their stock in the company's initial public offering, the company said....

More than 900 million people worldwide check their Facebook accounts at least once a month, but millions more are Facebook holdouts.They say they don't want Facebook...