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Business

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

The offer of shares in Blue Power Group Limited, which is in the business of soap manufacturing and retail hardware, was oversubscribed one minute after placement....

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

Having made a US$600-million bet on Jamaica, the Inter-American Development Bank (IDB) is signalling that it expects the Bruce Golding administration to make tough political choices on which economic projects and programmes...

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

JAMNAV, a GPS navigation map of Jamaica created two years ago, has earned more than US$200,000 (J$18 million) in revenue for its developer, Mona Geoinformatics Institute (MGI), sufficient to generate an operating...

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

At the signing of the United States (US) health-care reform bill into law, President Barack Obama, commenting on the difficulties and obstacles faced by US lawmakers recognised that in a country as diverse as...

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

First Global Financial Services is finalising three-year-old plans to launch into the unit trust market in Jamaica, following the February 18 lifting of the moratorium on new market entrants imposed in the 1990s.The shift in policy was facilitated by...

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

David Wong Ken and his partners' claim that former public officials Horace Clarke, Dr Vin Lawrence, NIBJ and others conspired to ruin his Western Cement Company...

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

Wisynco Group Limited is expanding its Wendy's hamburger shop and Domino's Pizza franchises to the Fair-view commercial complex in Montego Bay, creating 45 jobs in the process....

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

The planned merger between local advertising houses Dunlop Corbin and Prism Communications has been shelved, the parties confirmed Wednesday, citing logistical challenges, but it also coincides with an uptick in business for at least one...

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

The Finance ministry, whose needs traditionally have been the greatest driver of central government budget increases, will operate this coming fiscal year with $80 billion less than it spent in the 2009-10 period...

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

Hong Fan Trading, a Chinese company that specialises in the production and sale of metallic elements that help to strengthen alloys, has made an offer for the government's 45 per cent share of Jamalco alumina...

Published:Wednesday | March 24, 2010 | 12:00 AM

Scotia DBG Investments Limited has successfully recruited two of Jamaica's top investment strategists, Dr Adrian Stokes and Jason Morris, trumping efforts by Victoria Mutual who had been after the two men for its team....

Published:Wednesday | March 24, 2010 | 12:00 AM

Seeking a new direction, owners of Altamont Court in New Kingston say they are now going after pleasure-seekers and corporate functions, as business from its former staple...

Published:Wednesday | March 24, 2010 | 12:00 AM

LIME has confirmed that it struck a deal with Telecomunicaciones Gran Caribe (TGC), the Venezuelan/Cuban conglomerate granted a licence last year to build a fibre-optic link from Jamaica to Cuba....

Published:Wednesday | March 24, 2010 | 12:00 AM

A foreign-owned casino has opened for business in Georgetown, but Guyanese nationals have been told they will not be allowed to gamble there.The decision by Princess Casino comports with the law, which requires...

Published:Wednesday | March 24, 2010 | 12:00 AM

A senior United Nations official said Monday that it will take up to US$11.5 billion in investment, pumped in over three years, for Haiti to fully recover...

Published:Wednesday | March 24, 2010 | 12:00 AM

The Jamaica Exporters' Association (JEA) is now looking to secure new cargo carriers to move produce out of Jamaica, business that up to now has been handled by Air Jamaica.But the exporters say Caribbean Airlines Limited (CAL) is not among the options...

Published:Wednesday | March 24, 2010 | 12:00 AM

Scotia DBG Investments has culled four proposals from the dozen received, and will decide in five days, by next Monday, which of them will be invited to bid for majority share of the 310-room Jamaica Pegasus hotel.The sale is now expected to extend into...

Published:Wednesday | March 24, 2010 | 12:00 AM

The ICD Group is in negotiations with Victoria Mutual Building Society to buy its insurance subsidiary, but the Matalon-owned company said it would divulge no details of the transaction before a deal is struck....

Published:Wednesday | March 24, 2010 | 12:00 AM

Conglomerate GraceKennedy Limited has decided to delist from the Barbados and Eastern Caribbean stock exchange, citing low levels of trading in those markets."The low levels of trading in GraceKennedy's stock on both these exchanges do not justify...

Published:Wednesday | March 24, 2010 | 12:00 AM

R Danny Williams has taken over the top seat at Sagicor Life Jamaica (SLJ) Limited as chairman of the board of the company he founded four decades ago....

Published:Wednesday | March 24, 2010 | 12:00 AM

GM Challenger said Tuesday that it was still in negotiations with Ford Motor Company for an exclusive distribution and repair contracts for Volvo, but the company is already handling repairs and a model...

Published:Wednesday | March 24, 2010 | 12:00 AM

Do you have what it takes? Do you want to be an entrepreneur? Many individuals dream of starting their own business.

Published:Wednesday | March 24, 2010 | 12:00 AM

Blue Power Group Limited, a soap manufacturer and building-materials retailer, has opened subscription on its 22.599-million share offer at $3.89 per share in an initial public offering that...

Published:Wednesday | March 24, 2010 | 12:00 AM

Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Company's Volvo car unit by the end of this month, a spokesman for the Chinese auto maker said Tuesday."I cannot tell the exact date, but so far everything goes smoothly...

Published:Wednesday | March 24, 2010 | 12:00 AM

Google Inc's partial withdrawal from the China market brought swift condemnation from the government Tuesday while leaving Chinese Web surfers to wonder whether they would be able to access a new offshore search engine site or be blocked by censors...

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