Business

The world economy is recovering at a healthy pace but still needs government stimulus efforts to keep it going, the International Monetary Fund said Tuesday. The IMF raised its forecast for world economic growth in 2010 to nearly four per cent...

Britain's worst recession since World War II is officially over - but a less than convincing return to growth leaves British Prime Minister Gordon Brown's Labour Party on shaky ground ahead of a general election...

Even as the Government unveils tough new financial regulations mandated by the International Monetary Fund (IMF), Rohan Barnett, executive director of the head of Jamaica's financial services watchdog, the Financial...

The Bermuda Government has announced it is to spend US$800,000 on a review of the island's two corporations, Hamilton and St George's, which it said it wants to close down because they are "outdated"...

Kenny Benjamin, chief executive officer of the Guardsman Group, a security services firm and technology provider, has secured the pest control franchise for Orkin products under an exclusive distribution deal with the American company...

Jamaica's largest insurance company and two biggest banking groups have confirmed their full participation in the $700- billion Jamaica Debt Exchange programme (JDX), despite the expected decline in interest income on investment portfolios....

Kingston Wharves Limited (KWL), one of the Caribbean's leading multipurpose terminals, is upgrading its warehouse services in an effort to improve service to customers.Grantley Stephenson, chairman and chief executive officer of KWL, said that the aim...

While Jamaica has not yet decided to follow The Bahamas and other Caribbean governments in setting aside funds to support persons who have lost their jobs, Labour and Social Security Minister Pearnel Charles has said the matter is set for discussion with trade unions when the matter of redundancy pay for civil servants set to lose their jobs comes up for talks next month.

It is hard to comprehend the scale of the suffering that the people of Haiti have had to endure since January 12. Then, the capital and areas close to the epicentre of the earthquake of what was already the most impoverished nation in the Western Hemisphere, were plunged into circumstances from which it will take decades to recover.

House hunting is changing. In fact, so too is the search for anything you want to rent. Driven by their own bad house-hunting experiences, a group of university students has teamed up to do brisk business placing rentals online.

In March 2009, my 1995 Nissan Sunny car was hit by a Leyland truck. The truck is owned by L.P., who lives abroad, and was driven by S.B. The third-party insurers have denied liability. The driver's licence was issued only three months before the accident. The policy requires him to have had a licence for not less than three years. I contacted the owner's son. With a 'take it or leave it attitude', he told me that he was willing to stand half the cost of repairs.

Dr Christopher Tufton, the minister of agriculture, is urging more private interests in invest in the sector. "The time is right for the private sector to invest in agriculture because of proven returns in certain sectors, and good opportunities are now available...