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Business

Published:Friday | January 22, 2010 | 12:00 AM

Vistaprint Jamaica Limited, six years into its operation in Montego Bay, has acquired approximately 4.4 hectares (11 acres) of land at Fairfield on the north-western tip of the city to establish a new base, but is yet to determine when the facility will be built...

Published:Thursday | January 21, 2010 | 12:00 AM

The head of the IMF said China and other developing Asian economies are leading a global recovery that is faster and stronger than expected, but warned that money rushing into emerging markets could lead to asset bubbles. Dominique Strauss-Kahn...

Published:Thursday | January 21, 2010 | 12:00 AM

China will slow its massive lending spree and step up monitoring of banks as it tries to prevent speculative bubbles in real estate and other assets while keeping the country's economic recovery on track, a top regulator said Wednesday....

Published:Thursday | January 21, 2010 | 12:00 AM

A number of initiatives, including an early-retirement incentive package, are to be implemented to assist persons who transition out of the public sector, a government spokesperson has said.Chief executive officer of the Public Sector Transformation...

Published:Wednesday | January 20, 2010 | 12:00 AM

Home Box Office Latin America Group (HBO LAG) and Flow Jamaica declared their dispute over content settled, amid raised wine glasses on Monday to toast the new business partnerships cobbled after years of acrimony. Columbus Communication...

Published:Wednesday | January 20, 2010 | 12:00 AM

Singapore's first casino-resort is set to partially open Wednesday, a key part of a government plan to reduce reliance on manufacturing and brand the tightly controlled city-state as a cosmopolitan Asian capital. Resorts World Sentosa...

Published:Wednesday | January 20, 2010 | 12:00 AM

The structural reforms coming for the financial system, including new controls on fiscal policy, will create a better balance for the execution of monetary policy that allows price targets to be set and maintained, Bank of Jamaica Governor...

Published:Wednesday | January 20, 2010 | 12:00 AM

Jamaica's participation in Expo Shanghai 2010, a six-month long trade show in China, is being coordinated by four Government ministries, using Jamaica Trade and Invest (JTI) as a rallying point for business interest.The expo is expected to bring some 70...

Published:Wednesday | January 20, 2010 | 12:00 AM

Finance Minister Audley Shaw, hours before he would table new legislation in Parliament Tuesday, announced new powers for the central bank over Jamaican firms in a round of sweeping policy changes for the financial system that would also force Shaw into stronger ...

Published:Wednesday | January 20, 2010 | 12:00 AM

The space in the Liguanea Plaza, which up to recently was occupied by the Hi-Lo Food Store, has been taken over by Tony and June Wong, who are expanding their north-coast grocery operation, General Foods Supermarket, into Kingston....

Published:Wednesday | January 20, 2010 | 12:00 AM

Citigroup Inc became the latest bank to take a cautious view of consumers' credit problems, reporting a US$7.77 billion fourth-quarter loss due to failed loans and the costs of repaying government bail-out money.The bank said Tuesday it did see some...

Published:Wednesday | January 20, 2010 | 12:00 AM

Due to the financial crisis, which prompted countries to seek external help from big lenders, the Inter-American Development Bank (IDB) is reporting that it issued loans in 2009 at nearly twice the pace of the previous year to set a new record....

Published:Wednesday | January 20, 2010 | 12:00 AM

Economic activity in the third quarter of 2009 was marginally better, by 0.7 per cent, than the June period, but output fell 2.3 per cent in a year-on-year comparison. In the September 2009 quarter, Statin registered $123.25 billion of real gross...

Published:Wednesday | January 20, 2010 | 12:00 AM

In 2009, Latin America and the Caribbean dodged a bullet.Their efforts over the previous decade at better economic management and smarter social policy paid off, and the worst global recession in a generation caused only minor damage...

Published:Wednesday | January 20, 2010 | 12:00 AM

In mid-January, 227 farmers received certificates of participation for their involvement in the Banana Sector Rehabilitation Project (BSRP) which ended in December 2009. The HEART Trust/NTA BSRP was aimed at retraining ...

Published:Wednesday | January 20, 2010 | 12:00 AM

Britain's Tullow Oil PLC said Monday it will exercise its pre-emptive right to buy 50 per cent of two Ugandan oil fields from Heritage Oil PLC for US$1.5 billion, potentially blocking a bid by Italy's Eni SpA.Tullow and Heritage each own a half share in...

Published:Tuesday | January 19, 2010 | 12:00 AM

What seemed like a cruel joke is now a humbling experience. So said Stephen Bell, regional vice-president of Seaboard Marine. The experience which Bell referred to is having his father, Robert Bell, a veteran in the shipping industry, report to him, at least on paper...

Published:Tuesday | January 19, 2010 | 12:00 AM

Swiss Reinsurance Company said Monday it transferred part of its US life insurance business to American investor Warren Buffett's Berkshire Hathaway Inc for 1.3 billion Swiss francs (US$1.27 billion) to free up capital and invest it more profitably...

Published:Tuesday | January 19, 2010 | 12:00 AM

AUDI HAS reported that sales of its luxury cars were down 4.2 per cent on the year in December, but said full-year sales still beat its most recent forecast.The Volkswagen AG unit said it sold 79,300 cars last month.Over the whole of 2009, it sold...

Published:Tuesday | January 19, 2010 | 12:00 AM

Q. I have a big decision to make. I applied for my best friend's dream and have been accepted. She made me aware of the job and I even assisted her to redesign her resume...

Published:Tuesday | January 19, 2010 | 12:00 AM

Britain will host a meeting of finance officials from the Group of Seven nations on January 25 to discuss measures to protect the public from future bank failures, including a proposed global insurance levy, the Treasury said yesterday....

Published:Monday | January 18, 2010 | 12:00 AM

United States-based aviation attorney Mike Slack said enough facts have been established to hold American Airlines (AA) responsible for the runway mishap involving Flight 331 in Kingston last month.Slack, who visited...

Published:Monday | January 18, 2010 | 12:00 AM

The Digicel network is now functioning well in Port-au-Prince with more and more customers connecting to it and being able to make and receive calls, text messages, email and BlackBerry Messenger notes. The telecommunications com-pany, in a statement ...

Published:Sunday | January 17, 2010 | 12:00 AM

The international ratings agencies followed through to place Jamaica in default on announcement of the $700 billion debt-exchange programme, JDX, that is recalling 350 domestic bonds.

Published:Sunday | January 17, 2010 | 12:00 AM

While new housing developments are going up along the Highway 2000 corridor of St Catherine in response to what is being described as brisk demand for homes with a below-$10 million...

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