Thu | Apr 18, 2019

Business

Published:Friday | August 20, 2010 | 12:00 AM

Sagicor Life Jamaica's sale of its general insurance business poured just under a billion dollars of cash into the company at the second quarter, offering the closest valuation to date of the deal struck with Bahamas First...

Published:Friday | August 20, 2010 | 12:00 AM

Patties as a low-budget meal option have created strong sales for Mother's Enterprises Limited, whose nationwide chain is one third concentrated in downtown Kingston, a centre of commerce and offices which pulls high volumes of pedestrian traffic....

Published:Friday | August 20, 2010 | 12:00 AM

I did write a column last week. Here, more or less, is how it ended: "The word 'hypocrite' did not exist in Jesus' time, but the Bible's chroniclers use it in Matthew 7:5: 'Thou hypocrite, first cast out the beam...

Published:Friday | August 20, 2010 | 12:00 AM

AT A time when beer sales are being challenged, Lascelles Wines and Spirits has suspended distribution of its four-year-old Kingston 62 beer, but the company is insisting the brand is not dead and that the move should...

Published:Friday | August 20, 2010 | 12:00 AM

Determined to wring greater value from its investment holdings and maximise gains from its$42 billion worth of assets to pay for its core operations, the Urban Development Corporation...

Published:Friday | August 20, 2010 | 12:00 AM

CARICOM LEADERS have agreed to the establishment of a Council of Ambassadors as a new mechanism they hope will lead to the effective implementation of decisions taken in the efforts to deepen the regional...

Published:Friday | August 20, 2010 | 12:00 AM

Proven Investment Limited (PIL) said Thursday that it has sealed the deal for acquisition of Guardian Asset Management (GAM) Jamaica Limited.

Published:Friday | August 20, 2010 | 12:00 AM

Mexican officials trying to dilute a near-monopoly on cell-phone services have awarded valuable frequencies to a company that holds a major share in broadcast television.Government regulators say the new...

Published:Friday | August 20, 2010 | 12:00 AM

Robin Russell, whose family owns the popular Pier One Restaurant and Bar, is deepening his own involvement in the food business, with a new venture on Gloucester Avenue in Montego Bay.He will be running the restaurant at Altamont West, a hotel property...

Published:Thursday | August 19, 2010 | 12:00 AM

DESPITE A one per cent dip in first-half revenue, The Gleaner Company has reported a more than 430 per cent rise in after-tax group profit, from $12 million to $66 million, for the six months to June 30.The group's profit on continuing operations...

Published:Thursday | August 19, 2010 | 12:00 AM

A judge who questioned whether Barclays Bank PLC was getting off too easily nonetheless approved a deal on Wednesday that will likely enable the financial institution to avoid prosecution on allegations that it engaged in US$500 million in illegal...

Published:Wednesday | August 18, 2010 | 12:00 AM

The Dominica government on Monday outlined a new package of assistance, amounting over time to about EC$4 million, to help revitalise the banana industry as well as the agricultural sector.To start, the Agricultural Industrial...

Published:Wednesday | August 18, 2010 | 12:00 AM

Trinidad and Tobago and Venezuela have signed off on the terms of a new pact for the exploration of hydrocarbon reserves in their waters, an agreement that Port-of-Spain trumpets as opening "new doors...

Published:Wednesday | August 18, 2010 | 12:00 AM

Caribbean Petroleum Corp (Capeeco) has filed for bankruptcy protection nearly a year after the tanks at its fuel depot exploded, forcing the evacuation of hundreds of people.The company has at least US$500 million in debt and seeks to sell all its...

Published:Wednesday | August 18, 2010 | 12:00 AM

What if you graduated from the University of the West Indies (UWI) or University of Technology with a Bachelor of Arts degree and 18 months later were still unable to find a job?

Published:Wednesday | August 18, 2010 | 12:00 AM

Security gains and capitalist-friendly investment rules are spurring an unprecedented mining and oil boom in Colombia, a pro-business outpost on an increasingly leftist continent.Investors are deeming...

Published:Wednesday | August 18, 2010 | 12:00 AM

Caribbean Cement Company Limited has announced a shutdown of production for the second time this year - the first as safeguard against damage from civil unrest, the second due to an underperforming market.The company, which now has four months ...

Published:Wednesday | August 18, 2010 | 12:00 AM

Veteran broadcaster and lecturer at the University of the West Indies (UWI), Fae Ellington, has been appointed interim manager of the Universal Media Company which operates News Talk 93 FM.

Published:Wednesday | August 18, 2010 | 12:00 AM

A project is on the drawing board to install weather stations at several locations across Jamaica, and train persons to use them, with the aim of providing early warning to farmers and planning authorities on impending storms, floods and droughts....

Published:Wednesday | August 18, 2010 | 12:00 AM

First Regional Co-operative Credit Union (FRCCU) is bucking the trend of home-loan providers, holding mortgage rates firm despite interest rates on bank loans heading south.First Regional, with 10 locations spread over two parishes - St Mary and St Ann...

Published:Wednesday | August 18, 2010 | 12:00 AM

The tax reform project, due to be wrapped up next, will separate the systems for domestic taxes and those linked to international trade, while three tax departments are slated to merge.Under the Tax Administration Reform Project, ongoing since January...

Published:Wednesday | August 18, 2010 | 12:00 AM

Christopher Reid of Jamaica Air Shuttle has raised an objection with the Jamaica Civil Aviation Authority on plans by a rival Turks and Caicos carrier to service certain Caribbean routes that it also plans to fly....

Published:Wednesday | August 18, 2010 | 12:00 AM

AIC Barbados Limited has signalled its intention to redeem another US$19 million owed to bondholders but is not disclosing the source of the cash for the payment.The final US$60 million should be redeemed within another 16 months....

Published:Wednesday | August 18, 2010 | 12:00 AM

Trinidad Cement Limited has overshot by more than US$10 million agreed limits on its short term borrowings, but has secured the forgiveness of its creditors in anticipation of the cement maker getting back on track with its...

Published:Wednesday | August 18, 2010 | 12:00 AM

Global Gateways Solutions, provider of back-office customer service and collections services is adding 100 workers to service expanded contracts.Operations manager O'Neil Brown, said the call centre company which started with 15 workers and one client...

Pages

Subscribe to Business