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Business

Published:Wednesday | September 29, 2010 | 12:00 AM

A $100-million repair of a burnt-out section of the Coronation Market, financed by the telecoms provider Digicel, will be completed by year-end. But that will only be the first phase of a half-a-billion-dollar project...

Published:Wednesday | September 29, 2010 | 12:00 AM

PORT OF SPAIN, Trinidad (CMC): Attorney General Anand Ramlogan said Tuesday that Director of Public Prosecutions (DPP) Roger Gaspard has been provided with a file that contains the findings of two investigations into the financially troubled Colonial...

Published:Wednesday | September 29, 2010 | 12:00 AM

Jamaica Public Service (JPS), the light and power company, has outlined a plan for converting its power plants from oil to gas, on which it says it needs answers before it can clearly commit as a client for natural gas under the administration's proposed...

Published:Tuesday | September 28, 2010 | 12:00 AM

The Shipping Association of Jamaica (SAJ) last week launched an Occupational Safety and Health Administration (OSHA) workshop.

Published:Tuesday | September 28, 2010 | 12:00 AM

The Maritime Authority of Jamaica hosted a regional training workshop on basic electronic-navigational charting (ENC) and electronic navigational chart production, from September 6-17, at the Caribbean Maritime Institute (CMI).According to Colin Young...

Published:Tuesday | September 28, 2010 | 12:00 AM

The Obama administration is proposing that banks report all electronic money transfers in and out of the United States (US), expanding its antiterrorism requirements for financial institutions.Officials at the Treasury Department's Financial Crimes...

Published:Monday | September 27, 2010 | 12:00 AM

Money responds to all things. For any vision or God-given plan to come forth it takes money. Many have died because of a lack of money! Many laws, credit scores, access to other countries, justice or injustice are all tied to money.

Published:Monday | September 27, 2010 | 12:00 AM

Jamaica's private-sector leaders remain adamant that defeating crime, taming bureaucracy, reforming the tax system and stabilising the macroeconomic structure are essential to ending the country's long-term stagnation, generate growth and create...

Published:Sunday | September 26, 2010 | 12:00 AM

CHICAGO (AP):Proclaiming that he believes in the education visions of New Jersey's Republican governor and Newark's Democratic mayor, Facebook Founder Mark Zuckerberg on Friday pledged to set up a foundation to donate US$100 million to Newark's schools...

Published:Sunday | September 26, 2010 | 12:00 AM

Question: In August 2009 I took out an emergency bank loan on my home. I was due to undergo heart surgery in the United States. I had to buy perils insurance. In order to do so, the property had to be valued.

Published:Sunday | September 26, 2010 | 12:00 AM

ROME (AP):Delegates at a special United Nations (UN) meeting on Friday, prompted by worries over high food prices, discussed a grain-export ban by Russia, and its impact on cereal markets, although experts said good harvests should help prevent a repeat...

Published:Sunday | September 26, 2010 | 12:00 AM

PORT-OF-SPAIN, Trinidad (CMC):Trinidad and Tobago recorded its highest inflation rate in 27 years after the central bank said that headline inflation reached 16.2 per cent in August.The bank said that the previous highest figure of 14.1 per cent had...

Published:Sunday | September 26, 2010 | 12:00 AM

SAO PAULO (AP):Brazil's state-run oil company raised $70 billion in the world's largest share offering, proceeds that will be used to tap some of the largest oil reserves discovered in decades.Despite concerns about a growing government role in Petroleo...

Published:Sunday | September 26, 2010 | 12:00 AM

Question: I have J$7,400,000 in a commercial bank. I need help in deciding how to invest it in order to maximise the returns and minimise the tax that I would pay on the interest gained.

Published:Sunday | September 26, 2010 | 12:00 AM

WASHINGTON (AP): Taking his blowhard act to Congress, comedian Stephen Colbert told United States lawmakers that one day of picking beans alongside illegal immigrants convinced him that farm work is "really, really hard".

Published:Sunday | September 26, 2010 | 12:00 AM

NEW YORK (AP):Stocks resumed a September rally Friday following a sharp jump in orders for manufactured goods last month and better news about the European economy.The Dow Jones industrial average rose nearly 190 points in afternoon trading and is...

Published:Sunday | September 26, 2010 | 12:00 AM

Barbados, (CMC): The Barbados government says it will be implementing a warning system to track the island's economic performance in the various sectors and to assist enterprises in re-organising their business activities so as to sustain the current levels of employment.

Published:Sunday | September 26, 2010 | 12:00 AM

Seven small and medium-size enterprises have been nominated for four National Commercial Bank (NCB) Nation Builder Awards.The seven are Bookophilia (which was nominated twice), Fiction Lounge Jamaica, Wynlee Distributors, Jakes Holdings Ltd, Jennifer...

Published:Sunday | September 26, 2010 | 12:00 AM

COK Sodality has purchased a 25 per cent stake in the three-year-old securities firm MoneyMasters Limited, giving its over 230,000 members access to an expanded suite of investment offerings.Both parties refused to disclose the purchase price, and...

Published:Sunday | September 26, 2010 | 12:00 AM

The general insurance subsidiary of Jamaica National, NEM Insurance, in the face of high underwriting losses in the motor line of its business, has implemented measures to reduce the impact on its operations.

Published:Sunday | September 26, 2010 | 12:00 AM

As the digital divide between the developing and developed countries closes, Jamaica has continued to make significant progress.From the IBM PCs, Intellivision video games, and Motorola 'brick' cellular phones of the late...

Published:Saturday | September 25, 2010 | 12:00 AM

Pearnel Charles, the minister of labour and social security, is calling for a fund to be put in place to aid workers who lose their jobs due to redundancy.

Published:Saturday | September 25, 2010 | 12:00 AM

The Supreme Court has ordered the Government to pay $7.5 million in damages to a minibus owner whose motor vehicle was unlawfully seized by Transport Authority workers in April 2006.

Published:Saturday | September 25, 2010 | 12:00 AM

LEGISLATION ESTABLISHING the Public Broadcasting Corporation of Jamaica (PBCJ) is to be amended to make it easier for the Government to appoint a board of directors.

Published:Friday | September 24, 2010 | 12:00 AM

WASHINGTON (AP): After several missteps, the federal government finally got it right, accurately estimating how much oil spilled into the Gulf of Mexico, an independent scientific study found.Nearly 185 million gallons of oil spilled from the broken BP...

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