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Business

Published:Wednesday | February 17, 2010 | 12:00 AM

SAN JUAN, Puerto Rico (AP):Victims of the global fraud alleg Allen Stanford have filed a class-action lawsuit against the Eastern Caribbean Central Bank, five regional financial institutions and the government of Antigua and Barbudaedly run by fallen financier R.

Published:Wednesday | February 17, 2010 | 12:00 AM

IF you have received a scholarship to complete career training, you might have been bonded to work in the island for a number of years.The bonding policy of the Government of Jamaica applies to those who have received assistance through the Government...

Published:Wednesday | February 17, 2010 | 12:00 AM

The country's economic performance monitor, the Planning Institute of Jamaica (PIOJ), yesterday reported that the Jamaican economy continues to contract with real gross domestic product (GDP) falling 2.5 per cent between October and December 2009 quarte...

Published:Wednesday | February 17, 2010 | 12:00 AM

THE GOVERNMENT-OWNED National Housing Trust (NHT) plans to spend some $24 billion in the 2010-2011 financial year starting in April to provide housing solutions and other benefits for its contributors, including a projected $7.8 billion expenditure on 2,000 new homes....

Published:Wednesday | February 17, 2010 | 12:00 AM

Listed investment and finance house Jamaica Money Market Brokers Limited (JMMB) continues to experience a sizeable year-on-year profit fall-off even as the company is pointing to a $81-million or 39.5 per...

Published:Wednesday | February 17, 2010 | 12:00 AM

Trinidad-based conglomerate Ansa McAl, which lists its assets at more than US$1 billion or J$89.75 billion, is seeking to broaden its presence as part of its latest profit push, enlisting local building mate-rial suppliers, Quality Dealers Group...

Published:Wednesday | February 17, 2010 | 12:00 AM

Listed conglomerate GraceKennedy is reporting brisk profit growth for the 12 months ending December 2009, finishing the period with a net profit of $2.7 billion, $709.5 million of which was garnered in the fourth quarter.

Published:Tuesday | February 16, 2010 | 12:00 AM

BERLIN (AP): Germany rejects the idea of setting up a special fund to bail out eurozone countries, like Greece, that run into fiscal trouble because budgetary problems must be solved at the root, the finance ministry said...

Published:Tuesday | February 16, 2010 | 12:00 AM

LONDON (AP): European stock markets won some respite Monday ahead of a meeting of eurozone finance ministers in Brussels, where the Greek debt crisis will likely top the agenda.

Published:Tuesday | February 16, 2010 | 12:00 AM

Saudi Arabia (AP): A top Saudi energy official expressed serious concern Monday that world oil demand could peak in the next decade and said his country was preparing for that eventuality by diversifying its economic base....

Published:Monday | February 15, 2010 | 12:00 AM

IT HAS been a mere month since the seemingly apocalyptic events of January 12 overwhelmed Haiti and rallied the world to care. But, in a stunningly heart-warming turn of events coming in the aftermath of devastation and loss...

Published:Monday | February 15, 2010 | 12:00 AM

Jamaica is to reap sweet benefits from the export of sugar to Europe under a contract it had entered into with Italian company, Eridania Suisse SA. The first batch of sugar under the agreement, in which the island is to supply a minimum total of 79,000 tonnes...

Published:Sunday | February 14, 2010 | 12:00 AM

The Jamaican operation American Home Assurance Company (AHAC) is exiting the motor-insurance market, citing high...

Published:Sunday | February 14, 2010 | 12:00 AM

The Jamaica Public Service Company Limited (JPS) has budgeted approximately US$36 million to add 10 megawatts of renewable power to the national grid by 2012.

Published:Sunday | February 14, 2010 | 12:00 AM

QUESTION: I retired as a mathematics teacher a few years ago, and am now unemployed.

Published:Sunday | February 14, 2010 | 12:00 AM

Question: I am at present living in England.

Published:Sunday | February 14, 2010 | 12:00 AM

The adolescent or teenage years in human life are marked by rebellious behaviour and a me-against-them mentality.

Published:Sunday | February 14, 2010 | 12:00 AM

With the financial crisis in Jamaica deepening, individuals and companies alike might find themselves facing the question - like the...

Published:Sunday | February 14, 2010 | 12:00 AM

The level of improvement at Jamalco in 2009 was the highest among alumina refineries in Alcoa's Global Primary Products (GPP) network.

Published:Sunday | February 14, 2010 | 12:00 AM

Over the past month, discussions have centred on the advantages and disadvantages of the recently announced Jamaica Debt Exchange (JDX) and the varied reasons why it is required now in the economic history of the country.

Published:Sunday | February 14, 2010 | 12:00 AM

The Coconut Industry Board has withdrawn its offer to purchase lands owned by the Development Bank of Jamaica (DBJ).

Published:Sunday | February 14, 2010 | 12:00 AM

On the stock market, the main JSE Market Index closed 4.56 per cent or 3,423.19 points higher at 78,465.53 points, while advancing on all five trading days.

Published:Saturday | February 13, 2010 | 12:00 AM

Poor planning of a major tourism project involving upgrading of facilities at the Boscobel Aerodrome in St Mary has resulted in the Government forking out more than $282 million due to cost overruns.

Published:Saturday | February 13, 2010 | 12:00 AM

On Wednesday, new Bank of Jamaica (BOJ) Governor Brian Wynter conducted his first quarterly press briefing, which was well attended. Overall, Wynter was very bullish on the way forward for the Jamaican economy.

Published:Saturday | February 13, 2010 | 12:00 AM

The Ministry of Agriculture and Fisheries is placing focus on the Clarendon plains as it seeks to develop a policy to identify and put the country's most arable lands into production.

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