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Business

Published:Thursday | March 4, 2010 | 12:00 AM

Refraining from an explicit call for the resignation of Tourism Minister Edmund Bartlett, the shadow minister for the portfolio, Dr Wykeham McNeill, yesterday said a report from Contractor General Greg Christie amounted...

Published:Thursday | March 4, 2010 | 12:00 AM

Greece announced painful new austerity measures on Wednesday, cutting salaries for government workers and raising taxes at the sales register, winning approval from the European Union (EU) as it tries to snuff out a financial crisis that threatens...

Published:Wednesday | March 3, 2010 | 12:00 AM

The Bank of Jamaica (BOJ) has softened its stance on liquidity requirements for foreign currency holdings, with a two percentage point cut in the cash and liquid assets that banks must deposit with the central bank."The receipt of loan flows...

Published:Wednesday | March 3, 2010 | 12:00 AM

Telecoms regulator, the Office of Utilities Regulation (OUR), has circulated a draft three-year corporate plan that is drawing flak from two of Jamaica's top players in the industry. The OUR is proposing in its 2010-2013 plan...

Published:Wednesday | March 3, 2010 | 12:00 AM

The Barbados government says it is aiming to start negotiations by the end of this month on the importation of natural gas via pipeline from Trinidad and Tobago.

Published:Wednesday | March 3, 2010 | 12:00 AM

If you are currently unemployed, perhaps you will have to prepare yourself to be retrained in order to put food on your table and to protect your savings. Minister of Labour Pearnel Charles has stated that Jamaica continues to experience...

Published:Wednesday | March 3, 2010 | 12:00 AM

Bermuda's oldest bank, NT Butterfield, said on Tuesday that it was in talks with institutional investors to raise a 'significant' amount of new capital shortly after the Bermuda Stock Exchange suspended trading of its common shares...

Published:Wednesday | March 3, 2010 | 12:00 AM

Bank of Canada leaves key rate unchanged - Canada's central bank is holding its key interest rate at a record-low 0.25 per cent and is reaffirming that it expects it will keep the rate there until the middle of this year...

Published:Wednesday | March 3, 2010 | 12:00 AM

Just months after going public and listing on the Jamaica Stock Exchange, Access Financial Services Limited, a relatively small loans and cambio business, is about to ask holders of its more than 27 million shares...

Published:Wednesday | March 3, 2010 | 12:00 AM

Kingston Properties Limited (KPREIT), Jamaica's only real estate invest ment trust, said it has entered into a binding agreement to purchase commercial property on Hagley Park Road in Kingston."It is a warehouse/office building currently being used...

Published:Wednesday | March 3, 2010 | 12:00 AM

About 160,000 customers of light and power provider, Jamaica Public Service Company Limited, will this month start seeing even higher light bills as the company starts to levy the 10 per cent special general consumption tax (GCT) charge the Government...

Published:Wednesday | March 3, 2010 | 12:00 AM

Takes over Mitsubishi, Benz dealerships - Stewart's Automotive Group Limited has acquired the operations of Issa Transport Group (ITG) and will take possession of the Camp Road-based business on March 12.The transaction mark's ITG's exit from the transport...

Published:Wednesday | March 3, 2010 | 12:00 AM

Sagicor Life Jamaica Limited (SLJ) has sold off its general insurance business in Cayman Islands to Bahamas First Holdings Limited but is awaiting regulatory approval for final closure of the deal, three years after it...

Published:Monday | March 1, 2010 | 12:00 AM

The book addresses some deficiencies in our heritage such as providing a foundation for a biography on the Right Excellent Paul Bogle, national hero...

Published:Monday | March 1, 2010 | 12:00 AM

WITH EFFORTS towards the Rotary Race to Literacy Book Drive well under way, deadlines to raise money loom.Launched in early February, the Rotary Race to Literacy unites all the Rotary clubs in Jamaica in an effort to improve literacy rates across...

Published:Sunday | February 28, 2010 | 12:00 AM

Chairman and chief executive officer of Kingston Wharves Limited (kwL), Grantley Stephenson, has clarified details pertaining to last Friday's launch of a new Caribbean shipping hub at the port of Kingston facility for Hsegh Autoliners, as reported in the February 26 issue of sister publication, the Financial Gleaner .

Published:Sunday | February 28, 2010 | 12:00 AM

On July 12, 2009, I was driving from Kingston to Montego Bay. Five other employees of an NGO and I were travelling. While descending a hill in the pouring rain at about 30 kilometres per hour going towards Rio Bueno, the vehicle skidded while negotiating a corner.

Published:Sunday | February 28, 2010 | 12:00 AM

Directors of listed company Ciboney Group Limited say they are now awaiting legal advice on whether the firm can be separated as a legal entity from its sole asset - the 16-acre beachfront Westmoreland property it has been trying to sell for two years now - to facilitate the possible sale of its trading name, which is believed to be attractive to investors because of its Jamaica Stock Exchange listing.

Published:Sunday | February 28, 2010 | 12:00 AM

I am 21 years old and I want to start the process of getting my own home. I have other goals that I want to accomplish but I want this to be my first. I am planning on taking this process through the National Housing Trust (NHT).

Published:Sunday | February 28, 2010 | 12:00 AM

Adrian Stokes and Jason Morris, senior strategists at Jamaica Money Market Brokers are not moving to Victoria Mutual Wealth Management Limited after all.

Published:Sunday | February 28, 2010 | 12:00 AM

While for many persons owning a small business is a dream come true, complete with the prospects of working shorter hours and having a lot of money, this fantasy is often far from the reality of running one's own business.

Published:Sunday | February 28, 2010 | 12:00 AM

There is evidence that in the early days of the January 12 earthquake disaster in Haiti, planners of a project to build an air-cargo trans-shipment hub at Vernamfield in Clarendon, slated to cost US$1 billion or J$89.7 billion, had pegged hopes of sourcing international and local funding to kick-start the build-out of the facility to the catastrophe in the populous Caribbean state.

Published:Friday | February 26, 2010 | 12:00 AM

Dr Paul Chen-Young claims it is a "cardinal rule that a columnist should disclose any conflict of interest when writing about a subject in which there has been personal involvement".

Published:Friday | February 26, 2010 | 12:00 AM

Minority operators on the Port of Kingston, the listed Kingston Wharves Limited (KWL), will be looking to today's start-up here in Jamaica of the new Caribbean hub operations...

Published:Friday | February 26, 2010 | 12:00 AM

THE GOVERNMENT this week continued to receive a backlash from pensioners and pension fund trustees over the absence of any protective mechanism to cushion the income fallout this segment of the investing public will suffer from the Jamaica Debt...

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