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.
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.
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.
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.
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...
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.
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,...
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...
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.