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Business

Published:Friday | March 5, 2010 | 12:00 AM

Three months into a more aggressive push for foreign sales, Trade Winds Citrus Limited, makers of Tru-Juice, are reporting a 15 per cent surge in business in its overseas market, even while it struggles to maintain hold on its self-proclaimed 70 per...

Published:Friday | March 5, 2010 | 12:00 AM

Air Jamaica staff and their unions have been in discussion with the management of Air Jamaica about their termination and redundancy payments in the run-up to the closing of a deal with Caribbean Airlines.

Published:Friday | March 5, 2010 | 12:00 AM

One of my lawyer friends, whose record at the Bar is pretty good, emailed me with subject 'Chen-Young v Persaud' regarding Paul Chen-Young's March 1 letter published in The Gleaner, 'Answering Wilberne...

Published:Friday | March 5, 2010 | 12:00 AM

The Air Jamaica building, corporate head-quarters for the national carrier, is on the market for sale, as the airline counts down to a final agreement with prospective buyer Caribbean Airlines of Trinidad.Sale of the five-storey 32,802-square foot...

Published:Friday | March 5, 2010 | 12:00 AM

Stewart steps down from SVL - Janette Stewart, whose late husband was a co-founder of Supreme Ventures Limited, has resigned from the company's board.Simultaneously, two new directors have been added - Steven Hudson and Georgios Sampson...

Published:Friday | March 5, 2010 | 12:00 AM

Shareholders of Lascelles deMercado and Company were assured by Trinidad-appointed Chairman Dr Shafeek Sultan-Khan Thursday that there was no threat of the company's shares being sold off, a year into the collapse of parent company CL Financial Group...

Published:Friday | March 5, 2010 | 12:00 AM

Moody's ratings agency on Tuesday, acknowledging the smooth execution of the multibillion-dollar debt exchange programme, pronounced that it was upgrading the credit score on Jamaica's sovereign bonds to B3 - the third to do so in the past two weeks...

Published:Friday | March 5, 2010 | 12:00 AM

The Parliament of Jamaica is in the process of passing the Government Securities Dematerialisation Act 2010, to provide for the conversion of physical certificates into a paperless or electronic format...

Published:Friday | March 5, 2010 | 12:00 AM

Jamaica Producers Group (JP) stock shot up more than 10 per cent in market trading Wednesday on the back of a better-than-expected earnings report that saw the company shaking off more than $2 billion of losses to return a profit of $210 million...

Published:Thursday | March 4, 2010 | 12:00 AM

WESTERN BUREAU: Richard Bourke, chairman of the Jamaica Hotel and Tourist Association's (JHTA) Montego Bay chapter, has declared that every Jamaican business must prioritise energy efficiency.Burke made the statement...

Published:Thursday | March 4, 2010 | 12:00 AM

LAWMAKERS YESTERDAY gave the nod to the Casino Gaming Bill and on Tuesday passed amendments to the Betting, Gaming and Lotteries Act.The casino bill was passed with 52 adjustments while the Betting, Gaming and Lotteries Act had 34 amendments...

Published:Thursday | March 4, 2010 | 12:00 AM

Refraining from an explicit call for the resignation of Tourism Minister Edmund Bartlett, the shadow minister for the portfolio, Dr Wykeham McNeill, yesterday said a report from Contractor General Greg Christie amounted...

Published:Thursday | March 4, 2010 | 12:00 AM

Greece announced painful new austerity measures on Wednesday, cutting salaries for government workers and raising taxes at the sales register, winning approval from the European Union (EU) as it tries to snuff out a financial crisis that threatens...

Published:Wednesday | March 3, 2010 | 12:00 AM

The Bank of Jamaica (BOJ) has softened its stance on liquidity requirements for foreign currency holdings, with a two percentage point cut in the cash and liquid assets that banks must deposit with the central bank."The receipt of loan flows...

Published:Wednesday | March 3, 2010 | 12:00 AM

Telecoms regulator, the Office of Utilities Regulation (OUR), has circulated a draft three-year corporate plan that is drawing flak from two of Jamaica's top players in the industry. The OUR is proposing in its 2010-2013 plan...

Published:Wednesday | March 3, 2010 | 12:00 AM

The Barbados government says it is aiming to start negotiations by the end of this month on the importation of natural gas via pipeline from Trinidad and Tobago.

Published:Wednesday | March 3, 2010 | 12:00 AM

If you are currently unemployed, perhaps you will have to prepare yourself to be retrained in order to put food on your table and to protect your savings. Minister of Labour Pearnel Charles has stated that Jamaica continues to experience...

Published:Wednesday | March 3, 2010 | 12:00 AM

Bermuda's oldest bank, NT Butterfield, said on Tuesday that it was in talks with institutional investors to raise a 'significant' amount of new capital shortly after the Bermuda Stock Exchange suspended trading of its common shares...

Published:Wednesday | March 3, 2010 | 12:00 AM

Bank of Canada leaves key rate unchanged - Canada's central bank is holding its key interest rate at a record-low 0.25 per cent and is reaffirming that it expects it will keep the rate there until the middle of this year...

Published:Wednesday | March 3, 2010 | 12:00 AM

Just months after going public and listing on the Jamaica Stock Exchange, Access Financial Services Limited, a relatively small loans and cambio business, is about to ask holders of its more than 27 million shares...

Published:Wednesday | March 3, 2010 | 12:00 AM

Kingston Properties Limited (KPREIT), Jamaica's only real estate invest ment trust, said it has entered into a binding agreement to purchase commercial property on Hagley Park Road in Kingston."It is a warehouse/office building currently being used...

Published:Wednesday | March 3, 2010 | 12:00 AM

About 160,000 customers of light and power provider, Jamaica Public Service Company Limited, will this month start seeing even higher light bills as the company starts to levy the 10 per cent special general consumption tax (GCT) charge the Government...

Published:Wednesday | March 3, 2010 | 12:00 AM

Takes over Mitsubishi, Benz dealerships - Stewart's Automotive Group Limited has acquired the operations of Issa Transport Group (ITG) and will take possession of the Camp Road-based business on March 12.The transaction mark's ITG's exit from the transport...

Published:Wednesday | March 3, 2010 | 12:00 AM

Sagicor Life Jamaica Limited (SLJ) has sold off its general insurance business in Cayman Islands to Bahamas First Holdings Limited but is awaiting regulatory approval for final closure of the deal, three years after it...

Published:Monday | March 1, 2010 | 12:00 AM

The book addresses some deficiencies in our heritage such as providing a foundation for a biography on the Right Excellent Paul Bogle, national hero...

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