Mon | Dec 17, 2018

Business

Published:Friday | November 5, 2010 | 12:00 AM

The Bank of England held interest rates steady at a record low of 0.5 per cent for the 20th consecutive month on Thursday as the British economy shows signs of unexpected strength.The British central bank also kept its £200-billion (US$323-billion)...

Published:Friday | November 5, 2010 | 12:00 AM

As a tax practitioner, I have been regularly asked over the years what we must to do to reform the tax system in Jamaica. Increasingly, my response has simply been "just do it!" - to borrow a tag-line of a well-known sporting goods manufacturer.

Published:Friday | November 5, 2010 | 12:00 AM

Stocks were rising sharply Thursday, one day after the Federal Reserve announced a US$600-billion plan to stimulate the economy.

Published:Friday | November 5, 2010 | 12:00 AM

Patty company Tastee is branching out across Jamaica, with new stores planned for two parishes, and further into the Caribbean into new export markets for its meat-filled pastry, starting with Grenada....

Published:Friday | November 5, 2010 | 12:00 AM

The United States (US) electorate has spoken. Pundits pontificated, yet the meaning of the culmination of two years of Republican, Tea Party and special interest group opposition to Barack Obama and the agenda...

Published:Friday | November 5, 2010 | 12:00 AM

Real-estate developer Robert Cartade's newest project has passed the scrutiny of local and national planning authorities, but is pending approval from the Real Estate Board, he said this week. The National Environment and Planning Agency, which last year...

Published:Friday | November 5, 2010 | 12:00 AM

The Urban Development Corporation (UDC) is selling 200 acres of land at Caymanas, just outside Kingston, to Factories Corporation of Jamaica (FCJ), a transaction that signals the start of transactions...

Published:Friday | November 5, 2010 | 12:00 AM

After turning in a record sales performance last year, highland coffee company Mavis Bank Central Factory Limited (MBCF), which produces the Jablum-branded coffee, is seeing a fall-off in sales this year....

Published:Friday | November 5, 2010 | 12:00 AM

The United States (US) Federal Reserve is making a high-stakes bet in the hope of getting the economy steaming along again. Nobody is sure the Fed's best efforts will work, and they may actually backfire....

Published:Friday | November 5, 2010 | 12:00 AM

National Commercial Bank Jamaica Limited (NCB) has posted another record year of profit, even as it comes under pressure to relieve customers of some of the massive fees that it and other commercial banks have levied on clients....

Published:Friday | November 5, 2010 | 12:00 AM

Jamaica made solid gains in cutting delays in the registration of property but still slipped two slots in the ease-of-doing business rankings to No. 81 in the latest survey released Wednesday...

Published:Thursday | November 4, 2010 | 12:00 AM

Customs revenue for the first six months of the 2010-2011 financial year has exceeded the department's projections by $3 billion, Commissioner of Customs Danville Walker has revealed.Walker, who made the disclosure Tuesday at the Jamaica Chamber ...

Published:Thursday | November 4, 2010 | 12:00 AM

UNITED STATES government-controlled mortgage buyer Freddie Mac on Wednesday posted a narrower loss of US$4.1 billion in the third quarter as it asked for an additional US$100 million in federal aid - substantially less than the US$1.8 billion it sought...

Published:Wednesday | November 3, 2010 | 12:00 AM

Jamaica has tapped two coffee entities for divestment but is yet to finalise the terms on which the state assets will be sold off or otherwise into private ownership. Jampro has been putting out feelers in the meantime in international markets ...

Published:Wednesday | November 3, 2010 | 12:00 AM

The trustees of the Island Life Insurance Company Limited pension fund, which was wound up five years ago, have been ordered by the Court of Appeal to pay J$6.8 million from the surplus to former president Michael...

Published:Wednesday | November 3, 2010 | 12:00 AM

Two high-ranking Caribbean Community (CARI-COM) officials have said that St Maarten is welcome should it decide to join the regional bloc.St Maarten was recently granted greater autonomy under new country status within the Kingdom of the Netherlands....

Published:Wednesday | November 3, 2010 | 12:00 AM

If you should scan the jobs advertised in the newspapers and on the Internet, one skill requirement rarely omitted is for candidate to have good or excellent verbal and written...

Published:Wednesday | November 3, 2010 | 12:00 AM

The Guyana government says it will pull the tax concessions granted to a Malaysian firm if it fails to restart operations after laying off more than 250 workers.The workers were made...

Published:Wednesday | November 3, 2010 | 12:00 AM

Political gridlock is supposed to be good for business.If bickering lawmakers can't agree on anything, the thinking goes, they can't pass laws and regulations that make the economy worse.

Published:Wednesday | November 3, 2010 | 12:00 AM

The three Lasco companies that went public in September have each reported half-year net profit for the period ending September, amounting to more than J$300 million, but only two of the three grew their bottom lines....

Published:Wednesday | November 3, 2010 | 12:00 AM

BP PLC returned to profit in the third quarter but said it does not plan to rush back into the Gulf of Mexico as it raised the likely cost of the devastating oil spill there by US$7.7 billion to US$40 billion.The London-based company said Tuesday that...

Published:Wednesday | November 3, 2010 | 12:00 AM

Proven Investments Limited (PIL) will go public by next March, the company said Monday, well within the 18-month deadline it promised the private holders of its share.The announcement was made alongside the company's revelation ...

Published:Wednesday | November 3, 2010 | 12:00 AM

Cuban President Raul Castro urged union leaders to explain the need for massive layoffs to the country's labour force, and warned them not to hide the deep economic problems facing the cash-strapped island."...

Published:Wednesday | November 3, 2010 | 12:00 AM

In the story titled 'Fish import ban lifted', the statement that imports are 100 per cent cheaper should have read 50 per cent cheaper.

Published:Wednesday | November 3, 2010 | 12:00 AM

The European Union is bankrolling a project to position Jamaica's trade associations to deliver more targeted services and be better advisors to the companies that make up their membership.The targeted business support organisation...

Pages

Subscribe to Business