Jamaica has so far earned approximately J$40 million from acreage fees which oil exploration companies are required to pay the Petroleum Corporation of Jamaica (PCJ) as a condition of their licences....
RBC Wealth Management is acquiring the private banking business of Coutts in markets spanning the Caribbean, Latin American and African, in a deal to close within the quarter ending June.Coutts, the wealth division of Royal Bank of Scotland Group...
Claiming that the legacy of his father in the form of the business which was once the largest plastics manufacturer in the Caribbean has been pillaged and that he needs justice, Jean-Marie Desulme, former managing director...
Following the three part series on responses to recent financial crises I thought it would be interesting to consider, in a bit more detail, how our neighbours in CARICOM, once part of the 'Little Eight', have attempted...
The tone in the marketplace improved as the dust from the Greek restructuring subsided and the United States economy gathered momentum. One of the first signs of normalcy was Fitch's decision to upgrade Greece's foreign debt rating...
The Trinidad-based One Caribbean Media Limited (OCM) Tuesday announced that it had entered into an agreement for the acquisition of the Citadel Group, owners and operators of three radio stations in Trinidad and Tobago."OCM wishes to emphasise...
The International Finance Corporation (IFC) has approved a US$2.5-million loan to Jamaica National Small Business Loans Limited (JNSBL).The funds were approved at the end of January.Frank Whylie, general manager of JNSBL, said he was not able to discuss...
President Barack Obama's nomination of Jim Yong Kim to be the next president of the World Bank returned a spotlight to the agency and the grip the United States has held on its leadership. An American has always led the Washington-based World Bank under...
Prime Minister Dr Kenny Anthony says the recent announcement by Hess Corporation of its intention to sell its crude oil and refined products storage and transhipment terminal in St Lucia, provides an opportunity to consider a broader rationalisation...
Victoria Mutual Building Society will run a savings promotion from March 30 to July 27 that gives away 50 prizes each fortnight, crafted around the Jamaica 50 anniversary of Independence celebrations....
Leighton Thomas, managing director of Affordable Home Concepts Jamaica Limited (AHC), said he and his partners spent two years chasing after approval for a new building solution - the EGO Building System - from the Bureau...
Considered one of the most brilliant analysts corporate Jamaica has to offer, Dr Adrian Stokes is often tapped for his insights on local and global events.Stokes was snatched up exactly two years ago...
Shareholders of Kingston Wharves Limited (KWL) voted Thursday in favour of resolutions to create and allot a block of newly authorised shares, giving Jamaica Producers Group Limited a bigger stake...
Scotiabank has earned the top award for Jamaica in the best emerging market banks category of Global Finance magazine’s annual best practices recognition programme.
The Jamaica Promotions Corporation (JAMPRO), through its comprehensive buyer recruitment programme, is on course to securing the participation of a substantial number of international and local buyers to the upcoming Expo Jamaica 2012 trade show....
JAMAICA's delectable and mouth-watering patty, once a lunch-time staple and now an anytime-of-the-day meal on the go across all socio-economic groups, has had its international rating bumped up on one of the world's most popular websites, askmen.com....
Financial analyst John Jackson warned Tuesday that shareholders in Kingston Wharves Limited (KWL) could see their interest diluted if the company proceeds with a plan to issue new shares to facilitate a deal...
Digicel Group announced plans on Tuesday to deploy a US$16-million (J$1.34b) fibre-optic cable from Haiti to connect with an existing cable from Jamaica to the United States, aimed at delivering improved data and call services by July 2012....
A local tourism study by Oxford Economics proposes a revolutionary view that three-quarters of the J$229 billion in annual tourism earnings remain within Jamaica...
Globe Insurance Company saw a marginal decline in its insurance business last year, its newly released financial report shows.The company reported a J$100 million decline in gross premiums, from J$2.5 billion to J$2.4 billion....
The International Federation of Red Cross and Red Crescent Societies is considering building a hotel and conference center in Haiti on part of a US$10.5 million property that it bought after the 2010 earthquake....
