Mon | Dec 11, 2017

Business

Published:Wednesday | November 8, 2017 | 3:38 PM

Published:Wednesday | November 8, 2017 | 3:15 PM

Published:Wednesday | November 8, 2017 | 12:00 AMAvia Collinder

Financial losses at CVM Television Limited continued to mount last year, and its auditors have highlighted concerns about the company's cash flows and indebtedness, according to the audited report released for the October 25 annual general meeting....

Published:Wednesday | November 8, 2017 | 12:00 AM

The Scotchies chain of restaurants owned by Charles Rerrie is to open a third outlet on the grounds of the Constant Spring Golf Club in Kingston early in 2018.A company representative said the jerk restaurant will do a soft opening for its new and "...

Published:Wednesday | November 8, 2017 | 12:00 AMAvia Collinder

The development company transforming the old Forum hotel on the outskirts of Portmore has placed another set of villas on the market, having secured buyers for the first set of two-bedroom units.Portmore Marina Development Limited has been...

Published:Wednesday | November 8, 2017 | 12:00 AMAvia Collinder

Errol Gallimore, registrar of the Department of Cooperative and Friendly Societies, DCFS, says nearly half of the loan portfolio of the National People's Co-operative Bank is in arrears, but he plans to collect all the outstanding debt.Gallimore's...

Published:Wednesday | November 8, 2017 | 12:00 AMSteven Jackson

Paramount Trading Limited upgraded its chlorine plant and will start producing bleach at another plant after striking a deal with Seprod Limited in October for its bleach assets.Paramount will repackage chlorine products at one plant, mainly for the...

Published:Wednesday | November 8, 2017 | 12:00 AM

The Caribbean is predicting that the tourism sector will grow by an anaemic one to two per cent, and is projecting the downswing will be sustained in 2018, due to the effects of the two hurricanes that battered the region, according to Dionisio D'...

Published:Wednesday | November 8, 2017 | 12:00 AMMcPherse Thompson

Termination rate cuts for fixed line phone calls are now to be implemented over a four-month period starting December 1, this year as the Supreme Court gives the green light to the Office of Utilities Regulation, OUR, to proceed with its decision...

Published:Wednesday | November 8, 2017 | 12:00 AM

A self-driving car company created by Google is pulling the human backup driver from behind the steering wheel and will test vehicles on public roads with only an employee in the back seat.The move by Waymo, which started October 19 with an...

Published:Wednesday | November 8, 2017 | 12:00 AM

OPEC says growth in global oil demand will steadily lessen from an annual average of 1.3 million barrels a day between 2016 and 2020, to 300,000 barrels a day by 2035 to 2040.But it says fossil fuels will remain the...

Published:Wednesday | November 8, 2017 | 12:00 AMAvia Collinder

JN Bank said on Tuesday that it has rolled out smart ATMs with e-deposit capabilities across its banking network, covering 30 locations in Jamaica.The machines allow persons to make cash deposits to any JN Bank account without the need for a debit...

Published:Tuesday | November 7, 2017 | 12:00 AM

Broadcom made an unsolicited, US$103 billion offer for rival chipmaker Qualcomm, the tech industry's largest attempted takeover that is destined to come under intense regulatory scrutiny.The company said on Monday that it would not have pushed...

Published:Monday | November 6, 2017 | 4:23 PM

Published:Monday | November 6, 2017 | 11:41 AM

Published:Sunday | November 5, 2017 | 12:00 AM

American utility provider Intren Limited has attracted more talent from Jamaica Public Service Company Limited.In October, Keith Garvey joined the US-based utility headed by former JPS boss Kelly Tomblin. He was JPS's vice-president in charge...

Published:Sunday | November 5, 2017 | 12:00 AM

The Coconut Industry Board has put forward a new strategic business and capital expenditure plan, targeting the planting of approximately 150,000 acres of coconuts over the next decade.Hitting the target would more than triple the current 40,000...

Published:Sunday | November 5, 2017 | 12:00 AMAvia Collinder

A one-day lockdown of Caribbean Producers Jamaica's (CPJ) facilities near the end of October was for a systems upgrade.The distribution and manufacturing company, based in Montego Bay, is adding a new technology platform to improve on its supply...

Published:Sunday | November 5, 2017 | 12:00 AMAvia Collinder

Rainforest Seafoods Limited is expecting other hotels to join the initiative in which guests are given access to live lobsters as a menu option, according to business development manager Max Jardim.The first deal was struck in October between Palace...

Published:Sunday | November 5, 2017 | 12:00 AM

QUESTION: I contributed to NHT for years when I worked in Jamaica. I am now living in the United States. Can the money be refunded to my children, who are still living in Jamaica to contribute to the purchase of a home? I am not interested in a loan...

Published:Sunday | November 5, 2017 | 12:00 AM

QUESTION: I am currently in the market for a 2015-2016 Suzuki Swift hatchback.Its estimated price is $2.1 million. My biggest reservation about it is the insurance premium. Online quotes range from $110,000 to $150,000 plus GCT for comprehensive...

Published:Sunday | November 5, 2017 | 12:00 AM

Have you ever wondered whether or not everything you hear about working in Trinidad is true? Perhaps you know their economy, although it's currently in recession, is far stronger than its fellow members in CARICOM.Even though it's a much easier...

Published:Sunday | November 5, 2017 | 12:00 AM

In a few days, Caricom's Council for Trade and Economic Development, COTED, will meet. Among the topics that ministers and officials will consider are several recommendations that will determine whether the sugar industry has a future.This long-...

Published:Sunday | November 5, 2017 | 12:00 AMMcPherse Thompson

Disciplinary proceedings instituted against Wentworth Graham, chief regulatory officer of the Jamaica Stock Exchange (JSE), have been abandoned consequent on his passing last week.Asked what happens with those proceedings now, Robin Levy, who until...

Published:Sunday | November 5, 2017 | 12:00 AM

Venezuela's president says his socialist government will begin restructuring a foreign debt estimated at more than US$120 billion, saying United States financial sanctions are crippling the oil-dependent economy's ability to pay.But President...

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