Mobile operator Digicel Jamaica says that about 120 of its local staff or 10 per cent of its workforce could to take-up its 'voluntary separation programme' announced Thursday.
Carib Caribbean Cement Cement Company is advising its customers that out of necessity, the Company has been forced to pack its 42.5 kg Carib Cement Plus product in packaging not familiar to the Jamaican market, but says it is only a short term measure forced on it by industrial action in Trinidad.
First a definition: 'elephant hunt' refers not to out-of-favour big game hunting in Africa.Rather, courtesy of recently resigned Goldman Sachs 12-year veteran Greg Smith, it means "get your clients...
The National Insurance Fund (NIF) has confirmed the interest of lawyer and hotelier Christopher Issa in the purchase of the former Breezes Montego Bay hotel...
As Cartagena's sixth Summit of the Americas revs up, Latin America will join the hemisphere-wide gathering boasting a unique position on the global stage - a stark contrast with the previous gathering in Trinidad and Tobago, almost three years ago.
The Coffee Industry Board (CIB) is considering a replacement insurance scheme for coffee farmers, in the wake of last year's ruling by the Supreme Court that the decade-old trust fund created by the board was not an effective vehicle....
The Urban Development Corporation (UDC), more than three months into the Simpson Miller administration, is still without a board and an appointed general manager.But the prime minister's press secretary said Thursday...
The contract for insurance manager of the regional insurance fund, Caribbean Catastrophe Risk Insurance Facility (CCRIF), is up for grabs again following the expiration of the contract held by Sagicor Insurance Managers (SIM).CCRIF says on its website...
Derrick Simon, president of Jamaica Coffee Growers Association, has charged that 56,000 kilograms of coffee, amounting to one-fifth of last year's crop, has mysteriously disappeared from inventory...
Just as it appeared that financial markets in Europe were stabilising and that economic growth in the United States was accelerating, some negative factors have come to the fore...
Colombian President Juan Manuel Santos faced a dilemma.He was set to take centre stage as host of this weekend's summit of Western Hemisphere leaders in this colonial-era port...
The National Insurance Fund (NIF) has confirmed the interest of lawyer and hotelier Christopher Issa in the purchase of the former Breezes Montego Bay hotel.
ATHENS, Greece (AP):Greece's prime minister on Wednesday called a general election for May 6, after his coalition government pushed through landmark financial relief deals that rescued the country from the threat...
GENEVA (AP):Talks to resolve a long-running spat between Switzerland and the United States over how to pursue suspected tax evaders suffered a blow Wednesday, when a Swiss court blocked the handover of one unnamed bank client's data to US...
NEW YORK:The US government on Wednesday filed an antitrust lawsuit against Apple Inc and book publishers, saying they conspired to raise retail electronic-book prices to limit competition.The government also filed papers in US District Court in...
Alcoa reported a surprise profit for the first quarter after it sold more aluminium to a wide range of customers, from automobile manufacturers to beverage can makers.The largest US aluminium maker also benefited from cost-cutting steps that made its...
Michelin announced plans Tuesday to break ground on a new plant in Anderson County that could create 500 jobs making giant tyres for use on heavy equipment in mines, quarries and construction sites.The company plans to spend US$750 million on the new...
The European Union remains the major contributor of aid to developing countries, including the Caribbean, according to latest figures released in Brussels.Figures published by the Organisation for Economic Cooperation and Development (OECD) show that...
Apple, already the world's most valuable company, hit the US$600 billion level for the first time Tuesday.Only one other company has been worth $600 billion - Apple's old sparring partner Microsoft Corp...
The state-owned oil refinery Petrojam has dismissed claims that it obtains crude oil at discounted prices under the PetroCaribe agreement with Venezuela but does not pass on the lower costs to consumers."It is not at a discount to Petrojam,"...
The Jamaica Exporters Association (JEA) is rolling out a technical development programme of assistance for two producer groups, the farmers of Guys Hill and the Christiana Potato Growers Association, to link farmers more effectively to their markets....
Cellphone companies and the government are trying to make it as difficult to use a stolen cellphone as it is to sell a stolen car.United States Senator Charles Schumer said in a statement late Monday that major cellphone carriers and the Federal...