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Business

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

American consumers and businesses are going to get more options in wireless service, starting next year, with the launch of a new wireless broadband network that will provide competition to the incumbent phone companies.Private-equity firm Harbinger...

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

Local brewer, Red Stripe, is seeking to recover from what company officials have described a "significant volume hit" in the last two years which they blame on the general economic climate, Government's tax policies...

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

Delta Air Lines Inc reported its largest quarterly profit in a decade Monday, thanks to strong passenger revenue.The world's largest airline said Monday its second-quarter net income was US$467 million, or 55 cents per share...

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

Caribbean Cement Company has admitted to selling export cement at cheaper prices than it does in its home market, but insists that the practice does not amount to dumping, as defined under international...

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

Caribbean Airlines Limited (CAL) has rights to the Air Jamaica name for one year, but the licensing agreement struck with the Bruce Golding administration also gives the carrier option to renew the arrangement annually.The cost to CAL: US$5, the finance...

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

Singapore said on Monday it has reached open-skies agreements with Jamaica and Barbados, its first with any CARICOM country.

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

Sagicor Life Jamaica has closed its Marcus Garvey Drive insurance centre that was opened three years ago as the distribution channel for its new protector series policies, and has merged the operation into its larger...

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

Former United States President Bill Clinton says he will dedicate the next three years of his life in helping to rebuild Haiti after the devastating January 12 earthquake.The United Nations Special Envoy...

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

A judge last Thursday dismissed a US$2.3 million (€1.8 million) judgement against Dole Food Company in a lawsuit by purported Nicaraguan banana workers, ruling that the company and the court were victims of a massive...

Published:Tuesday | July 20, 2010 | 12:00 AM

Members of the Caribbean Shipping Association (CSA) have developed a 10-point deliverables plan to guide the progress of the Regional Integrated Maritime Strategy (RIMS). RIMS is the long-term synergistic plan of action for the maritime sector...

Published:Tuesday | July 20, 2010 | 12:00 AM

Boeing Company and European arch- rival Airbus racked up billions of dollars worth of aircraft sales at the Farnborough International Airshow on Monday, raising hopes that the aviation industry has touched...

Published:Tuesday | July 20, 2010 | 12:00 AM

St Kitts and Nevis is planning a new 17 per cent sales tax and a 10 hotel levy to boost revenue, taking a page from other Caribbean nations that have overhauled their tax schemes as tourism replaces sugar as the main source of income....

Published:Monday | July 19, 2010 | 12:00 AM

Jamaica's penchant for foreign produce is strangling the operations of small farmers, claims general manager of the Christiana Potato Growers Cooperative Association, Alvin Murray.Murray, in lamenting the struggles of local farmers...

Published:Monday | July 19, 2010 | 12:00 AM

what are some of the things that can be done now to spur agricultural growth in Manchester?...

Published:Sunday | July 18, 2010 | 12:00 AM

SCJ Holdings, which manages the state-owned sugar estates, will in December start taking off the cane now on the land to meet its US$26 million current year-supply contract with British sugar refiner, Tate & Lyle.

Published:Sunday | July 18, 2010 | 12:00 AM

Seeking to resuscitate sagging earnings from credit products, local banks have sought to jazz up their credit-card offerings in a market that is now flat. But as the card revamp takes shape as part of a broader credit portfolio revamp, rates are being held fairly high by all the banks, with some institutions even using punitive pricing and other policies to keep the lid on bad credit.

Published:Sunday | July 18, 2010 | 12:00 AM

Jamaica's monetary authority is seriously considering a switch to a 'targeted inflation' regime in the hopes of driving inflation down to single digits but also offering markets greater predictability in price movements.

Published:Sunday | July 18, 2010 | 12:00 AM

With interest rates trending downwards and government paper not as attractive as before, businessman Steven Whittingham is suggesting that investors think about investing in private companies as an asset class.

Published:Sunday | July 18, 2010 | 12:00 AM

What type of health insurance would be most suitable for my family, that is for the mother, father and a baby?- dollphynn@yahoo.com.Answer: The market for health insurance is very small. Of the five companies that are licensed to transact life insurance, only two sell health plans.

Published:Sunday | July 18, 2010 | 12:00 AM

The National Export-Import Bank of Jamaica (EXIM), a financier of export companies, says a US$23 million short-term credit line introduced last year at eight per cent interest has been totally consumed, but demand is unabated.

Published:Saturday | July 17, 2010 | 12:00 AM

FINANCE MINISTER Audley Shaw says small farmers have not benefited significantly from the over $2.6 million disbursed by the Development Bank of Jamaica (DBJ) to the agricultural sector in the last five years.

Published:Friday | July 16, 2010 | 12:00 AM

The Jamaica Public Service (JPS) is backing the government's move to replace heavy fossil fuels with liquefied natural gas (LNG) as the country's main generating source for electricity, which it says could mean cheaper electricity...

Published:Friday | July 16, 2010 | 12:00 AM

Trinidad and Tobago has 10 years of gas left in its proven reserves, a new report revealed this week. The report by the US-based Ryder Scott Company shows that since 2000...

Published:Friday | July 16, 2010 | 12:00 AM

GlaxoSmithKline's drug Avandia should stay on the market, federal health experts voted Wednesday, but the controversial diabetes pill should be subject to new restrictions due to risky heart-related side effects. A panel of United States Food and Drug...

Published:Friday | July 16, 2010 | 12:00 AM

The Jamaica Citrus Growers Association (JCGA) is in negotiations with a local investor from which it is seeking equity of J$500 million in exchange for a share...

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