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Business

Published:Wednesday | April 7, 2010 | 12:00 AM

The International Monetary Fund (IMF) on Friday approved Grenada's request for US$13.3 million to help the government boost growth and strengthen the island's business climate. The funds, including US$1.9 million up front...

Published:Wednesday | April 7, 2010 | 12:00 AM

ACKEE EXPORT earnings have doubled in the past year, but sales are still below seven-year highs, an issue that processors point to, in claims that the market is performing well below its potential. Exporters generated...

Published:Wednesday | April 7, 2010 | 12:00 AM

A stalled mega-resort in The Bahamas seems back on track after a Chinese bank arranged a US$2.5 billion financing deal, a boost for the archipelago whose tourism-dependent economy has been slammed by the global slump. Developer Baha Mar Resorts Limited...

Published:Sunday | April 4, 2010 | 12:00 AM

JBDC reports 30 per cent rise in new businessThe Jamaica Business Develop-ment Corporation (JBDC) is reporting a near 30 per cent increase in the number of persons seeking help to channel their entrepreneurial skills into start-ups.

Published:Sunday | April 4, 2010 | 12:00 AM

People who lined up to buy the first iPhone knew what they were paying hundreds of dollars for a new cellphone that promised to be better. Apple Inc's newest gadget, the iPad tablet computer, falls into a category that's foreign to most people.

Published:Sunday | April 4, 2010 | 12:00 AM

Another 605 serviced lots are to be prepared for sale at Perth, just outside Mandeville in Manchester, with developer Buildrite Construction Company in line for a $606.8-million contract to undertake infrastructure work on the project, which is to be phase one of the Perth Housing Development

Published:Sunday | April 4, 2010 | 12:00 AM

Champion branch managers in the Mother's food chain, David Murray of Liguanea and Karen Beason of Spanish Town, celebrate after their stores came out on top in the awards for customer service.

Published:Sunday | April 4, 2010 | 12:00 AM

Another high-profile resignation has hit embattled insurance giant Colonial Life Insurance Company Trinidad Limited (CLICO). Dr Euric Bobb cited "personal reasons" for his resignation as chairman of the board of directors last Wednesday.

Published:Sunday | April 4, 2010 | 12:00 AM

The Commission of Strata Corporations, which will monitor and oversee strata corporations, should be up and running by next month, Sandra Watson, general manager of the Real Estate Board (REB), said last Wednesday.

Published:Sunday | April 4, 2010 | 12:00 AM

There are times in business when small is good, according to the principals of Form Architects Limited, who say they have proven this maxim. Had Form been a bigger company with larger overhead costs, the company might not have survived 2009, they told Sunday Business.

Published:Sunday | April 4, 2010 | 12:00 AM

CUNA Mutual Insurance Society has relaunched what it says is a unique product in its category - a payment protector rider which provides coverage for credit union members who suffer from temporary disability caused by accidents and medical reasons while servicing loans.

Published:Saturday | April 3, 2010 | 12:00 AM

Despite making its 762 permanent workers redundant on Wednesday and halting production, the West Indies Alumina Company (Windalco) will honour its obligation regarding scholarships tenable at the tertiary level for children of the now former...

Published:Saturday | April 3, 2010 | 12:00 AM

THE TEACHERS' professional revolving loan fund, which dried up in the last fiscal year, will be revitalised with an allocation of $95 million.Education Minister Andrew Holness told Parliament's Standing Finance...

Published:Thursday | April 1, 2010 | 12:00 AM

In another indication of a tough economy, the life insurance companies in Jamaica are paying out increasing amounts as policyholders turn in their plans for cash...

Published:Thursday | April 1, 2010 | 12:00 AM

William Mahfood is ramping up capacity by 30-40 per cent at Wisynco Group's factory in White Marl, St Catherine, requiring an investment of $600 million in a new beverage line on which construction should start next month. Mahfood wants to grow...

Published:Thursday | April 1, 2010 | 12:00 AM

Armstrong confirmed - Philip Armstrong has been confirmed as managing director of PanCaribbeanBank, the commercial banking subsidiary of Pan Caribbean Financial Services (PCFS), after close to a year...

Published:Thursday | April 1, 2010 | 12:00 AM

Global Directories Jamaica Limited (GDJL) has won its legal battle against Cable and Wireless Jamaica, now trading as LIME Jamaica, over differences on the payment terms offered to advertisers in the Yellow Pages...

Published:Thursday | April 1, 2010 | 12:00 AM

Jamaica Broilers Group (JBG), a leader in the poultry and animal feed markets, is exploring growth beyond its home shores to Haiti, potentially through business partnerships in the French-speaking country...

Published:Thursday | April 1, 2010 | 12:00 AM

Chapter Four of former chairman of the Eagle Group of Companies Dr Paul Chen-Young's written testimony to the FINSAC enquiry.This section suggests a number of issues that the Commission might consider under its terms of reference....

Published:Thursday | April 1, 2010 | 12:00 AM

The Valukas report - post-mortem really - of the Lehman Brothers meltdown is the hottest attraction for Wall Street watchers and analysts interested in the shape of an effective regulatory regime for the post-September 2008 landscape....

Published:Wednesday | March 31, 2010 | 12:00 AM

Markets drove up Greece's borrowing costs again Tuesday despite last week's promise of a financial backstop from other eurozone countries, indicating the country's debt crisis is far from over....

Published:Wednesday | March 31, 2010 | 12:00 AM

Jamaica is to make a fresh case for an extension of the Common External Tariff (CET) at an upcoming meeting of regional trade officials, according to Industry and Commerce Minister Karl Samuda.He has a month or more to prepare....

Published:Wednesday | March 31, 2010 | 12:00 AM

Governor of the Bank of Jamaica Brian Wynter is pressing for cooperation among regional financial regulators on the policing of banking groups whose operations straddle jurisdictions, while reiterating...

Published:Wednesday | March 31, 2010 | 12:00 AM

Damian Obiglio, president and chief executive officer of Jamaica Public Service Company Limited, has taken charge of the utility's financial unit 'in the short term' following a restructuring by its parent company...

Published:Wednesday | March 31, 2010 | 12:00 AM

Jamaica's exporters say agro-processors are losing out on overseas sales, particularly the bammy market, and are blaming adjustments to import policies that they say limit their supply of raw materials.But Agriculture Minister Dr Christopher Tufton ...

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