Sun | May 26, 2019

Business

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

Chairman and chief executive officer of Kingston Wharves Limited (kwL), Grantley Stephenson, has clarified details pertaining to last Friday's launch of a new Caribbean shipping hub at the port of Kingston facility for Hsegh Autoliners, as reported in the February 26 issue of sister publication, the Financial Gleaner .

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

On July 12, 2009, I was driving from Kingston to Montego Bay. Five other employees of an NGO and I were travelling. While descending a hill in the pouring rain at about 30 kilometres per hour going towards Rio Bueno, the vehicle skidded while negotiating a corner.

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

Directors of listed company Ciboney Group Limited say they are now awaiting legal advice on whether the firm can be separated as a legal entity from its sole asset - the 16-acre beachfront Westmoreland property it has been trying to sell for two years now - to facilitate the possible sale of its trading name, which is believed to be attractive to investors because of its Jamaica Stock Exchange listing.

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

I am 21 years old and I want to start the process of getting my own home. I have other goals that I want to accomplish but I want this to be my first. I am planning on taking this process through the National Housing Trust (NHT).

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

Adrian Stokes and Jason Morris, senior strategists at Jamaica Money Market Brokers are not moving to Victoria Mutual Wealth Management Limited after all.

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

While for many persons owning a small business is a dream come true, complete with the prospects of working shorter hours and having a lot of money, this fantasy is often far from the reality of running one's own business.

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

There is evidence that in the early days of the January 12 earthquake disaster in Haiti, planners of a project to build an air-cargo trans-shipment hub at Vernamfield in Clarendon, slated to cost US$1 billion or J$89.7 billion, had pegged hopes of sourcing international and local funding to kick-start the build-out of the facility to the catastrophe in the populous Caribbean state.

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

Dr Paul Chen-Young claims it is a "cardinal rule that a columnist should disclose any conflict of interest when writing about a subject in which there has been personal involvement".

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

Minority operators on the Port of Kingston, the listed Kingston Wharves Limited (KWL), will be looking to today's start-up here in Jamaica of the new Caribbean hub operations...

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

THE GOVERNMENT this week continued to receive a backlash from pensioners and pension fund trustees over the absence of any protective mechanism to cushion the income fallout this segment of the investing public will suffer from the Jamaica Debt...

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

Much has been written in recent weeks about the current negotiations between the Government of Jamaica, Air Jamaica and Caribbean Airlines for the provision of airlift from Jamaica to five destinations in the United States and Canada by Caribbean Airlines Limited (CAL)....

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

THE JUNIOR Stock Exchange, created last year as a vehicle to raise capital for small Jamaican firms, is to haveits second listing, with Blue Power, a lumber operation and soap-manufacturing business, set to enter...

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

WE NOTE an article captioned 'Sugar workers housing dilemma', published in the Business section of your newspaper on February 24. Apart from its sensational appeal, the article was inaccurate in parts...

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

Continuing to post good profits in the first quarter of its 2009-2010 financial year, which runs from November to October 31, banking group Scotiabank this week made it clear that return on equity for shareholders will be its performance focus for this...

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

Aubyn Hill has known banking and management all his life. Now Hill, a turnaround artist of sorts for bad businesses around the globe, even while applying his professional passion to a few choice ventures of his own...

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

Our headline, 'Bad debts force changes at Churches', on Page 8 of last week's Financial Gleaner, was incorrect. It is also incorrect to state that the organisation is struggling under the weight of a large non-performing loan portfolio. We regret these errors.

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

Following the successful completion of the Government of Jamaica debt-ex-change programme on Wednesday, Standard & Poor's (S&P) raised ratings on the island, moving it out of selective default.The firm moved its long-term foreign-and...

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

WESTERN BUREAU:Tourism Minister Edmund Bartlett yesterday sought to reassure members of the international business community that the fallout from the impending divestment of Air Jamaica is anticipated...

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

FORMER BANKER Aubyn Hill has been re-engaged by Government to divest its sugar assets.Hill's renewed relationships with the Government was announced by Agriculture Minister Dr Christopher Tufton in Parliament...

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

The Office of the Contractor General (OCG) says it has concluded its special investigation into the airlift guarantee agreements entered into between American Airlines (AA) and Jamaica Vaca-tions Limited (JAMVAC)...

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

NEW YORK (AP):Stocks rebounded from a two-day slide Wednesday as Federal Reserve Chairman Ben Bernanke told Congress that low interest rates are still needed to support the economy. Bernanke sounded an upbeat note about a recovery...

Published:Wednesday | February 24, 2010 | 12:00 AM

Thousands of former sugar workers, left jobless after the Government's redundancy axe fell on some 7,000 of them in 2008, are now at risk of losing their homes,...

Published:Wednesday | February 24, 2010 | 12:00 AM

Apparently reflecting the continuing recession in the Jamaican economy, firms and corporate head-hunters placed more than 25 per cent fewer advertisements for jobs in the island's major newspapers...

Published:Wednesday | February 24, 2010 | 12:00 AM

The Government continues to draw down on multilateral lending facilities made easier by the standby loan agreement it has inked with the International Monetary Fund, having signed last week three policy-based loans totalling US$170 million ...

Published:Wednesday | February 24, 2010 | 12:00 AM

While the Government has made it clear that public sector workers will get no increase in salaries for two years starting in the 2009 financial year, the Minimum Wage Advisory Commission...

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