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Business

Published:Friday | July 30, 2010 | 12:00 AM

Regional airline, LIAT, is blaming a number of utility service providers for technical failures that have been "negatively impacting its operations".

Published:Friday | July 30, 2010 | 12:00 AM

Jamaica's number three commercial bank, RBTT, has joined other big lenders in a cut of loan rates, effective August 1. The bank is cutting 225 basis points or 2.25 percentage points off its base rate, from 20.

Published:Friday | July 30, 2010 | 12:00 AM

Jamaica has created a new tax-incentive programme for hospitality companies under which licensed hotel operators can upgrade and refurbish their properties at subsidised cost.The programme, which adds a new layer of subsidy to the existing tax-holiday...

Published:Friday | July 30, 2010 | 12:00 AM

Were it possible to avoid the politics of the now lapsed state of public emergency, we might consider a few situations that might help us understand why mere pursuit of states of emergency shall not cure Jamaica's crime and violence problem....

Published:Friday | July 30, 2010 | 12:00 AM

Victoria Mutual Building Society's underperforming loans have almost doubled in the past three years, and is now at the point where regulators sit up and take notice.

Published:Friday | July 30, 2010 | 12:00 AM

The savings were relatively small at less than five per cent, but in the first calendar quarter Jamaica's reduced demand for imports cut its spending bill on foreign goods by US$59.5 million, Statin has reported.Jamaica bought fewer chemicals...

Published:Friday | July 30, 2010 | 12:00 AM

In the nation said to have more drinking bars per capita than any other, the upscale pub, English-style, has made its appearance. Being marketed primarily to local clients, the Prince of Wales pub...

Published:Friday | July 30, 2010 | 12:00 AM

The International Monetary Fund said China's yuan is undervalued, in a mildly worded assessment on Wednesday of its controversial currency controls, and praised Beijing's response to the global crisis....

Published:Friday | July 30, 2010 | 12:00 AM

Former executives of the Montego Bay-based call centre ACS E-Services Limited, Karl Graham and David Fullwood are expanding their own call centre operation, Fullgram Solutions Limited.

Published:Friday | July 30, 2010 | 12:00 AM

A group of Jamaican businessmen of Chinese lineage, including Wayne Chen, have entered the wireless broadband market and have set sight on target markets in under-served rural districts not reached by the any of the top four telecoms....

Published:Friday | July 30, 2010 | 12:00 AM

The Jamaican economy created J$121 billion of value in the January to March period, but the Statistical Institute of Jamaica (Statin) is reporting that tourism and transport were stars among the sectors that shed value as a group....

Published:Thursday | July 29, 2010 | 12:00 AM

IN ADDITION to its tissue culture lab and greenhouse at the back of its Main Street office in Christiana, Manchester, the Christiana Potato Growers Co-operative has...

Published:Thursday | July 29, 2010 | 12:00 AM

Longville Park Farms in Clarendon, which has been in existence since 1959, had been forced to go into fish production after a decline in the dairy market....

Published:Thursday | July 29, 2010 | 12:00 AM

Vodafone Essar Limited unveiled a solar-powered mobile phone Tuesday that it hopes will appeal to India's rural masses who lack electricity. India has been adding close to 20 million mobile subscribers each month...

Published:Wednesday | July 28, 2010 | 12:00 AM

General Electric (GE) Company will pay US$23.4 million to settle federal charges that some of its subsidiaries paid illegal kickbacks to the Iraqi government in order to win contracts under a United Nations programme.The Securities and Exchange...

Published:Wednesday | July 28, 2010 | 12:00 AM

The volcanic island of St Lucia plans to tap geothermal power trapped beneath sulphur springs and roiling mud pools in a rare attempt at developing alternative energy sources ...

Published:Wednesday | July 28, 2010 | 12:00 AM

The National Works Agency is in the final stages of contracting additional works on the Montego Bay leg of the north coast highway to Surrey Pavement and Aggregate Company Limited.The variation on the project runs to J$698 million, boosting...

Published:Wednesday | July 28, 2010 | 12:00 AM

As financial institutions continue to be challenged by deflated market conditions, a top credit union executive is predicting a turnaround of sorts for the sector, but his outlook is not necessarily in sync with other...

Published:Wednesday | July 28, 2010 | 12:00 AM

Guardian Asset Management's (GAM) Jamaican operation will be downscaled to a department and merged with the operations of Guardian Life Limited, once it finalises the deal...

Published:Wednesday | July 28, 2010 | 12:00 AM

American Robert Dudley will become BP Plc's first ever non-British chief executive, the company said Tuesday as it reported a record quarterly loss and set aside US$32.2 billion to cover costs of the devastating Gulf...

Published:Wednesday | July 28, 2010 | 12:00 AM

Stewart's Auto Sales Limited plans to shift its Suzuki dealership from Orchard Road to South Camp Road, where it will share space in the vehicle complex acquired from Issa Transport Group.It's the next step ...

Published:Wednesday | July 28, 2010 | 12:00 AM

Recently-announced plans by the Government-run National Housing Trust to enter the high-end market in swanky Cherry Gardens, is not going down well with the Jamaica Developers' Association, the umbrella group of property developers....

Published:Wednesday | July 28, 2010 | 12:00 AM

First Global Bank has found a new president, a hunt that lasted 10 months after Wayne Wray left the bank in the wake of the management fallout parent company GraceKennedy Limited said was the discovery of irregular trading that resulted in billions...

Published:Wednesday | July 28, 2010 | 12:00 AM

A group of foreigners in The Bahamas is accused of trying to defraud JP Morgan using a forged check worth US$100 million, police said.Katsuichi Yufu, 71, of Japan; Steven De Gruiter, 60, of Indonesia; ...

Published:Tuesday | July 27, 2010 | 12:00 AM

The sounds of whistling birds, crowing cocks and chirping crickets permeate the quiet district of Lemon Hall, perched between Lluidas Vale in northwest St Catherine and the border of Clarendon....

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