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Business

Published:Monday | November 29, 2010 | 12:00 AM

Prime Minister Bruce Golding says legislation passed in Parliament last week for the establishment of a credit bureau will give persons without collateral an opportunity to access funds and start businesses....

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

Nigel Holness, managing director of FirstCaribbean International Bank Jamaica (FCIBJ), is just three months into the job. He succeeded Clovis Metcalfe in September. But by recent moves, it is clear that Holness is on a mission to aggressively grow market share and increase the bank's revenue, even if it means applying tactics not usual within Jamaica's banking sector.

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

Venezuela's human-rights groups are raising concerns over pending legislation backed by President Hugo Chávez that would bar non-governmental organisations from receiving foreign funding.

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

'An' accident occurred between a taxi driver and me in September as I tried to negotiate a landslide around a bend along the Race Course road. You wrote about this on October 3. When I went to renew my policy the premium went up by 110 per cent - from J$79,000 to J$166,000. The third party, who you and I agree was at fault, and I are insured with the same company.

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

In 2004, the B&B Institute registered a new name with the Companies Office of Jamaica, the B&B University College, to indicate a new direction being taken in offering graduate and postgraduate training in association with foreign universities, including Heriot-Watt University (HWU) in Scotland.

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

A long-forgotten enclave of commercial expansion, the older sections of downtown Kingston are seeing an upsurge in property buys by local companies and private investors ahead of an expected resurgence of business there in coming years.

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

Wisynco Group Limited is set to deepen its relationship with Coca Cola Company, a move which, over time, may result in the Jamaican operation becoming the supply point for markets in the Southern Caribbean.

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

George Washington slept here. Among the hundreds of markers that make that claim, the most curious is here on Barbados, the easternmost Caribbean island, off the coast of Venezuela, which Washington visited in 1751.

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

Another commercial bank will be slashing its base lending rate as of December 1. PanCaribbeanBank Limited, the smallest of seven banks by assets, has announced that it will be cutting its Jamaican dollar prime lending rate by 55 basis points to 16.90 per cent.

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

Telecoms company Digicel Jamaica said it spent J$26 million on expanding its retail network and staff training, including new outlets at the Fairview commercial complex in Montego Bay and Norman Manley International Airport in Kingston....

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

The head of Brazil's central bank, Henrique Meirelles, said Wednesday he will step down as President-elect Dilma Rousseff takes office. Meirelles, Brazil's longest-serving central bank president, told reporters he will leave the post on December 31...

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

Brazil's largest airline said it has conducted what it called the first experimental flight in Latin America using aviation biofuel without incident.TAM Airlines said in a statement that the 45-minute flight of an Airbus A320, using biofuel made from...

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

A key objective of a tax system is to raise revenue to fund public expenditure.Jamaica's tax regime seeks to do this but it has been overwhelmed for many years in servicing our ever-growing national debt.

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

I have found myself referring often to an undersung Jamaican hero, Thomas P.Lecky, in these columns. His book Cattle and I should be compulsory reading in our schools - better still...

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

THE TRUSTEE trying to recover money for investors cheated by jailed financier Bernard Madoff announced a lawsuit Wednesday against the Swiss bank UBS AG and related entities and individuals, alleging they collaborated in Madoff's Ponzi scheme....

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

Jamaica Producers Group's (JP) third-quarter profit dipped by nearly 44 per cent to J$32 million, but the company says the results look bad only because its bottom line in the previous year was fattened by a one-off gain of J$51.7 million from assets...

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

The 220 Jamaica Exporters' Association (JEA) mem-bers who do business with northern Caribbean countries are disappointed with returns from that market which, based on CARICOM figures, are expected to fall below last year's...

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

Chevron Corporation, owner of the Texaco brand, is seeking buyers for its remaining Jamaican and other Caribbean assets, the oil company said Thursday, but gave itself some wiggle room by calling it a "potential" sale....

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

Every year for well over a decade, Scotiabank Jamaica has improved on its profits - except for this one.Yesterday, the banking group posted annual profit of J$10.7 billion, down from J$11.6 billion at year end October 2009.

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

St Lucia has threatened to debar two Vincentian carriers from landing here if authorities in Kingstown continue to deny its home-based CARICOM Airways permission to fly to St Vincent...

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

Joseph m.Matalon is bringing British Caribbean Insurance Company Limited (BCIC) and WIHCON Properties Limited under the direct ownership of the ICD Group, continuing a move to flatten the corporate structure and, ultimately, save money.

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

A port company in Montego Bay is set to become the first western Jamaica organisation to raise equity capital via the junior stock market, and the eighth IPO target for the JSE Junior Exchange.Mayberry Investments Limited announced Cargo Handlers...

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

Jamaica is opening a J$204 million window next year to finance local production of mutton, which is popular on dinner plates but is mostly imported at high cost of more than a billion dollars.With US$2.37 million ...

Published:Thursday | November 25, 2010 | 12:00 AM

JAMAICA IS to spend $12.7 million on accommodation yearly for new Bank of Jamaica Governor Brian Wynter. Finance Minister Audley Shaw Shaw furnished the House of Representatives with the details on Tuesday and said it was less than that which was paid...

Published:Thursday | November 25, 2010 | 12:00 AM

Ireland unveiled the harshest budget measures in its history Wednesday, a four-year plan to slash deficits by €15 billion (US$20 billion) so it can get a massive bailout from the European Union (EU) and the International Monetary Fund (IMF).

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