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Business

Published:Sunday | April 25, 2010 | 12:00 AM

National Commercial Bank of Jamaica's interest income from loans and securities tanked by a billion dollars in the three-month period ending March 2010, a reverse of the previous year's outcome.

Published:Sunday | April 25, 2010 | 12:00 AM

Question: On October 19, 2009, I was travelling as a passenger in a 2005 Honda Civic. It was being driven by the owner. While we were on the Hellshire Road, a white Toyota Corolla taxi hit the rear of the Honda. The matter was reported to the taxi's insurers. They replied to say that the taxi driver had not reported the collision and asked for a police report.

Published:Sunday | April 25, 2010 | 12:00 AM

In recent weeks, my friend and colleague, Sir Ronald Sanders, has written more than once about what he and others regard as the failure so far of Caribbean politicians to defend strenuously the economic interests of industries like rum, sugar and bananas in the face of European offers of trade liberalisation to Andean and Central American nations.

Published:Sunday | April 25, 2010 | 12:00 AM

A satellite New Kingston property that now houses three police units has been targeted for development by the National Housing Trust (NHT), which is investing at least $138 million to relocate the units.

Published:Sunday | April 25, 2010 | 12:00 AM

In 15 years, the Tax Incentive Programme (TIP) has benefited only 35 companies which, together, qualified for tax breaks amounting to $2.5 billion. Within that time, 65 companies applied to the programme, well below what its administrators, the Urban Development Corporation (UDC), had expected.

Published:Saturday | April 24, 2010 | 12:00 AM

A study tour of Colombias national competitiveness programme, sponsored by the Inter-American Development Bank, was undertaken by representatives of The Private Sector Organisation of Jamaica; the Jamaica Exporters...

Published:Saturday | April 24, 2010 | 12:00 AM

Investment banker Christopher Williams is again urging Jamaican companies to look to the capital market for financing for their businesses."For too long we have looked only to the banking sector for financing.

Published:Saturday | April 24, 2010 | 12:00 AM

Business for Carreras Limited, the largest distributor of cigarettes in Jamaica, continues to be challenged by the unauthorised manufacturing and illicit trading of the Craven 'A' branded product.The latest shipment...

Published:Friday | April 23, 2010 | 12:00 AM

Prime Minister Bruce Golding announced plans on Tuesday to unify the gender eligibility age of NIS pensioners, a policy shift that effectively raises the retirement age for women in one-year increments up to 2015.

Published:Friday | April 23, 2010 | 12:00 AM

Omar Azan, president of the Jamaica Manufacturers' Association (JMA), wants the Jamaican Government to haul Trinidad and Tobago before the Caribbean Court of Justice (CCJ) over what he claims is the discriminating pricing policy of its oil to its population.

Published:Friday | April 23, 2010 | 12:00 AM

Conclusion of the former chairman of the Eagle Group of Companies Dr Paul Chen-Young's written testimony to the FINSAC enquiry.

Published:Friday | April 23, 2010 | 12:00 AM

Operators of Dolphin Cove are reporting progress on another, more expansive, marine attraction being developed on a 23-acre spread along the coast in Lucea, Hanover.

Published:Friday | April 23, 2010 | 12:00 AM

Former financial secretary Shirley Tyndall has been replaced as chair of the National Contracts Commission by architect Raymond Anthony St Elmo McIntyre whose three-year appointment took effect April 16.

Published:Friday | April 23, 2010 | 12:00 AM

The National Housing Trust (NHT) has offered a sweet deal to developers who for three years will have access to financing at a subsidised rate of three per cent, in exchange for cheaply priced houses targeted at the lower tier of the residential real estate market.

Published:Friday | April 23, 2010 | 12:00 AM

Access Financial Services Limited got the go-ahead from shareholders Wednesday for a 10-way split of the stock, the value of which has almost doubled since its October 2009 debut on the junior exchange.

Published:Friday | April 23, 2010 | 12:00 AM

If 1989 saw the end of the 'Second World' with communism's demise, then 2009 saw the end of what was known as the 'Third World'. We are now in a new, fast-evolving multipolar world economy - where north and south, east and west, are now points on a compass, not economic destinies.

Published:Friday | April 23, 2010 | 12:00 AM

The bombshell dropped last week. 'Securities and Exchange Commission, Plaintiff v. Goldman Sachs & Co and Fabrice Tourre, Defendants' [Jury Trial Demanded]. Complaint: Securities Fraud - brought by the United States (US) regulator against the world's richest, most powerful investment bank.

Published:Thursday | April 22, 2010 | 12:00 AM

Thousand of mourners gathered at the St Andrew Parish Church, Half-Way Tree, yesterday to remember the impeccable work of financial expert and businessman Roy Collister.

Published:Thursday | April 22, 2010 | 12:00 AM

Latin America is poised for 4.1 per cent growth in the coming year, making it among the most robust regional economies to emerge from the global recession, the IMF said in a report released Wednesday.

Published:Thursday | April 22, 2010 | 12:00 AM

University professor Alvin Wint has been selected to chair the commission which will conduct an enquiry into the sugar industry. He will be supported by fellow commissioners Marjorie Henriques, a former director general of the Planning Institute of Jamaica, and accountant Wilfred Bagaloo.

Published:Wednesday | April 21, 2010 | 12:00 AM

The Frome, Monymusk and Bernard Lodge sugar factories are still on the auction block, but Prime Minister Bruce Golding suggested Tuesday that a deal for their divestment was still possible.

Published:Wednesday | April 21, 2010 | 12:00 AM

At least three Jamaican exporters of perishables to the European market are now looking for local buyers of produce held hostage the ash-spewing volcano in Iceland.

Published:Wednesday | April 21, 2010 | 12:00 AM

Victoria Mutual Building Society (VMBS) has expanded its overseas office network to the United States, opening a small office last month in Miami Gardens, Florida.The building society has long had a presence in the United Kingdom, at Brixton, Tottenham,...

Published:Wednesday | April 21, 2010 | 12:00 AM

CARICOM, at the request of its Council for Trade and Economic Development (COTED), is overseeing the compilation of agriculture production and demand inside the Caribbean bloc.Jamaica's Permanent Secretary in the Ministry of...

Published:Wednesday | April 21, 2010 | 12:00 AM

Alcoa Inc has three months in which to make a counter-offer for Jamaica's minority stake in the Jamalco Refinery, which Prime Minister Bruce Golding has now confirmed is being sold to Zhuhai Hong Fan Trading of China.

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