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Business

Published:Sunday | September 26, 2010 | 12:00 AM

COK Sodality has purchased a 25 per cent stake in the three-year-old securities firm MoneyMasters Limited, giving its over 230,000 members access to an expanded suite of investment offerings.Both parties refused to disclose the purchase price, and...

Published:Sunday | September 26, 2010 | 12:00 AM

The general insurance subsidiary of Jamaica National, NEM Insurance, in the face of high underwriting losses in the motor line of its business, has implemented measures to reduce the impact on its operations.

Published:Sunday | September 26, 2010 | 12:00 AM

As the digital divide between the developing and developed countries closes, Jamaica has continued to make significant progress.From the IBM PCs, Intellivision video games, and Motorola 'brick' cellular phones of the late...

Published:Saturday | September 25, 2010 | 12:00 AM

Pearnel Charles, the minister of labour and social security, is calling for a fund to be put in place to aid workers who lose their jobs due to redundancy.

Published:Saturday | September 25, 2010 | 12:00 AM

The Supreme Court has ordered the Government to pay $7.5 million in damages to a minibus owner whose motor vehicle was unlawfully seized by Transport Authority workers in April 2006.

Published:Saturday | September 25, 2010 | 12:00 AM

LEGISLATION ESTABLISHING the Public Broadcasting Corporation of Jamaica (PBCJ) is to be amended to make it easier for the Government to appoint a board of directors.

Published:Friday | September 24, 2010 | 12:00 AM

WASHINGTON (AP): After several missteps, the federal government finally got it right, accurately estimating how much oil spilled into the Gulf of Mexico, an independent scientific study found.Nearly 185 million gallons of oil spilled from the broken BP...

Published:Friday | September 24, 2010 | 12:00 AM

WASHINGTON (CMC):United States Federal authorities are considering whether to prosecute a former securities regulator in Texas, who repeatedly quashed investigations of Allen Stanford's offshore banking empire.Securities and Exchange Com-mission...

Published:Friday | September 24, 2010 | 12:00 AM

Jamaica's dominant telecommunications company, Digicel, will begin construction of its headquarters in downtown Kingston before yearend.Jacqueline Burrell-Clarke, public relations manager at Digicel, told the Financial Gleaner that the company was in...

Published:Friday | September 24, 2010 | 12:00 AM

WASHINGTON (AP): The Securities and Exchange Commission's chief enforcement official says the agency has toughened its efforts to shut down financial misconduct after failing to act quickly in the cases of R.

Published:Friday | September 24, 2010 | 12:00 AM

PORT-AU-PRINCE, Haiti (AP): United States and Haitian officials signed an agreement Monday with a South Korean clothing manufacturer to build garment factories that, they, said will employ 10,000 people in this quake-ravaged nation.

Published:Friday | September 24, 2010 | 12:00 AM

ST GEORGE'S, Grenada, (CMC): Finance Minister Nazim Burke on Thursday scoffed at documents published on a website claiming that he and his wife had joint ownership of five offshore companies."I state categorically that neither my wife nor I have any...

Published:Friday | September 24, 2010 | 12:00 AM

ST JOHN'S, Antigua (CMC):The Baldwin Spencer administration has reached a favourable arrangement with Paris Club creditors over this country's US$133-million debt to the group.

Published:Friday | September 24, 2010 | 12:00 AM

With mobile giant Digicel sitting atop the local market with a seemingly impassable two million-plus subscriber base, netbook sales and Internet services have become the new frontier in the competition between the major...

Published:Friday | September 24, 2010 | 12:00 AM

So the US economy coughs, then we catch cold, develop pneumonia even. That is the common, basically true understanding. And so it shall remain until we change our economy's structure. This won't happen unless we clobber...

Published:Friday | September 24, 2010 | 12:00 AM

Minister of State in the Ministry of Industry, Investment and Commerce, Michael Stern, is urging the small business sector to explore alternatives source of funding other than from the commercial banks.

Published:Friday | September 24, 2010 | 12:00 AM

Opposition spokes-man for investment and commerce Mark Golding says that the party, under its progressive agenda, is now considering the development of factoring, that is, selling receivables for immediate cash...

Published:Friday | September 24, 2010 | 12:00 AM

With the government calling for new players and and more competition in the commercial banking sector, Jamaica National (JN), the building society-led financial services...

Published:Friday | September 24, 2010 | 12:00 AM

Home & Things Jamaica, a retailer of home finishings and hardware products, will next month open a larger, modern store at its old Constant Spring Road, Kingston, branch ...

Published:Friday | September 24, 2010 | 12:00 AM

By the end of the current financial year in March 2011, the Accountant General's department is to be relocated from its current King Street location in downtown Kingston as part of plans to beef...

Published:Friday | September 24, 2010 | 12:00 AM

WESTERN BUREAU: ATL Autohaus has pumped US$4.25 million into Montego Bay's only new-car high-tech facility at the Bogue City Centre. As of Monday, Montegonians now have door step access to the world's finest superbrands...

Published:Thursday | September 23, 2010 | 12:00 AM

Prime Minister of Jamaica Bruce Golding has warned that the world is in danger of failing to meet targets set at the Millennium Development Goals (MDGs) summit a decade ago.Addressing the 65th Session of the UN General Assembly, Golding said 10 years...

Published:Thursday | September 23, 2010 | 12:00 AM

FORMER CABINET Secretary Dr Carlton Davis is pushing Government to negotiate with public-sector workers a reduction in their leave entitlements as part of efforts to save jobs in the pending restructuring...

Published:Wednesday | September 22, 2010 | 12:00 AM

WASHINGTON (AP):The Federal Reserve (Fed) signaled Tuesday that it is worried about the weakness of the recovery and is ready to take further steps to boost the United States (US) economy if needed....

Published:Wednesday | September 22, 2010 | 12:00 AM

Acclaimed motivational speaker and author Charilie 'Tremendous' Jones said famously, "Five years from now, you'll be the same person you are today except...

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