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Business

Published:Sunday | February 20, 2011 | 12:00 AM

Morin Seymour continues to hold visions of the Kingston waterfront as a place where cruise lines dock, and a town that operates on a 24-hour roster.

Published:Sunday | February 20, 2011 | 12:00 AM

Businessman Michael McMorris has been appointed to be the new chairman of the Board of Directors of the Victoria Mutual Building Society (VMBS).McMorris, the former deputy chair of the society, will succeed Roy Hutchinson, who has served as chairman for...

Published:Sunday | February 20, 2011 | 12:00 AM

As the Jamaican Government tries to steer the country on a path to economic growth, Internatonal Monetary Fund (IMF) resident representative Dr Gene Leon warns that there are no dry runs, and that it is incumbent on the administration to get its policy...

Published:Sunday | February 20, 2011 | 12:00 AM

A series of winter storms in the United States and the United Kingdom, and a fallout in tourism numbers from rising drug heat in nearby Mexico have seen Jamaica's tourism industry starting off with a bumper winter...

Published:Sunday | February 20, 2011 | 12:00 AM

LIME Caribbean and its 13 country markets will have a new online address that simplifies its domain name.On February 25, the telecom's website will change from www.time4lime.com to www.lime.com "to allow for easier recall and stronger brand promotion,"...

Published:Sunday | February 20, 2011 | 12:00 AM

A decade or more ago, it would have been hard to find much that was tangible to write about China and the Caribbean.Today, it is difficult to know where to begin, so pervasive and economically vital has its role become in the region.

Published:Sunday | February 20, 2011 | 12:00 AM

Jamaica Promotions Limited (JAMPRO) will be introducing a fast-track facility for exporters as of Monday.The facility will provide ease of doing business with three public-sector agencies.The first phase of the new facility was formally launched by Karl...

Published:Sunday | February 20, 2011 | 12:00 AM

A Chevron Corp lawyer said last Friday that the company will not apolo-gise for damage that an oil company it purchased is accused of causing to Ecuador's rainforest, even though the refusal means a US$9.5 billion judgement against it will nearly double...

Published:Sunday | February 20, 2011 | 12:00 AM

It will take some digging and maybe a bit of luck to score a cheap airfare for this summer.So far, airlines are withholding their deepest discounts from prime summer travel periods, although they have been offering sales for domestic and international...

Published:Sunday | February 20, 2011 | 12:00 AM

Mandeville businessman Michael Levy last Thursday denied that he signed on to a 55 per cent interest rate on a J$4 million loan from Eagle Commercial Bank in 1992, which ballooned into his over J$1 billion indebtedness to the Jamaica Redevelopment...

Published:Sunday | February 20, 2011 | 12:00 AM

Southwest Airlines Company is raising fares by US$10 for a round trip, saying it needs the money to offset higher fuel costs.The move last Friday was the latest in a series of price increases from major United States airlines, most of which are making...

Published:Sunday | February 20, 2011 | 12:00 AM

ACS E-Services has landed a new client, which it has identified only as a "global technology leader" that requires technical assistance serving their customers.The deal, details of which were not disclosed, calls for the addition of 80 workers, who will...

Published:Sunday | February 20, 2011 | 12:00 AM

Question: In August 2010, I bought insurance through an agent. Two weeks later, I told them to cancel the coverage. I was instructed to visit their offices to do so. I was about to sell the vehicle, but the sale fell through, so I returned to reinstate coverage.

Published:Sunday | February 20, 2011 | 12:00 AM

Venezuela's top diplomat hit back at the United States on Friday over its suggestion that President Hugo Chávez's government should allow an international investigation into alleged human-rights abuses.Foreign Minister Nicolas Maduro said the matter is...

Published:Friday | February 18, 2011 | 12:00 AM

Low-cost American footwear chain Payless ShoeSource plans to roll out 10 stores across Jamaica, creating between 70 to 100 jobs.

Published:Friday | February 18, 2011 | 12:00 AM

A Mandeville businessman told the commission of enquiry into the 1990s financial sector collapse on Wednesday how a J$4-million loan from the Eagle Commercial Bank, in 1994, turned into J$1 billion of unmanageable debt in 2008.Michael Levy, who owned...

Published:Friday | February 18, 2011 | 12:00 AM

Errol Cort sued by Stanford investors - Antigua's National Security Minister Errol Cort has been slapped with a US$1-million lawsuit by former investors in Stanford International Bank.Cort was Antigua and Barbuda's finance minister between 2004...

Published:Friday | February 18, 2011 | 12:00 AM

Agriculture Minister Robert Persaud has called on the European Union to fulfill the commitment made to the Guyana government, rather than commenting on the country's sugar-production target.Persaud said that a more constructive input in assisting...

Published:Friday | February 18, 2011 | 12:00 AM

Grenada is looking to Brazil for assistance in developing its agriculture and energy sectors.Prime Minister Tillman Thomas made the request during talks with Brazilian presidential envoy, Jose Marcus Venicus De Souza and Brazil's Ambassador-designate...

Published:Friday | February 18, 2011 | 12:00 AM

Mutuals are member organisations. Membership is derived through customer relationships, such as the ownership of an account or mortgage. In Jamaica, mutuals within the financial-services landscape include some building societies...

Published:Friday | February 18, 2011 | 12:00 AM

The efforts to diversify Jamaica's coffee market is slow on results, heightening concerns here that producers are without leverage to push back against top buyer Japan, which is demanding cheaper beans.Senator Norman Grant, the chief executive officer...

Published:Friday | February 18, 2011 | 12:00 AM

Low-cost American footwear chain Payless ShoeSource plans to roll out 10 stores across Jamaica, creating between 70 to 100 jobs. Steve Gish, executive vice-president of Payless ShoeSource, while declining to disclose the size of the investment...

Published:Friday | February 18, 2011 | 12:00 AM

The Jamaica Exporters' Association (JEA) says it will be shifting focus to what it sees as more lucrative markets in the Europe Union (EU) for authentic Jamaican products and services, through a new programme called Target Europe II.

Published:Friday | February 18, 2011 | 12:00 AM

Major United States airlines are rolling back a fare increase of up to US$120 per round trip on tickets favoured by business travellers. Delta Air Lines raised the fares Monday and other major airlines went along...

Published:Friday | February 18, 2011 | 12:00 AM

Just 15 minutes off the main road near Mandeville is the property where Richard Khouri turned a hobby into a business and, in the process, earned the Order of Distinction for "pioneering work in the field...

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