Business

I am puzzled at the many ways that motor insurers come up with to separate us from our money. This one seems to take the cake. And it seems that valuators are on their side. I bought a second-hand Toyota Corolla in 2008 for J$970,000. The premium was J$32,729. In 2012, the car was valued for J$930,000. The insurance premium is J$57,000.

Mortgage rates have been trending down and some lenders are quoting single-digit rates to special clientele. But while almost everyone of working age is faced with the choice of how best to go about obtaining shelter, a home, the experts do not all agree that debt-financed purchase is always the best route.

Jamaica Money Market Brokers has reported a stellar nine-month performance in which profits rose 110 per cent to J$1.79 billion.

MORANT BAY, St Thomas:AFTER MORE than 30 years' involvement in coconut cultivation, processing, and research, Michael Black is arguably one of Jamaica's foremost authorities on the crop.

Jamaica Money Market Brokers (JMMB) has reported strong performance for the nine months ended December 2011 with net profits up 110 per cent to $1.79 billion, the growth attributable to effective management of its investment portfolio

The Government raised just over $4.1 billion from new subscriptions to a variable rate bond.

Minister of Industry, Investment and Commerce Anthony Hylton says he is fully behind plans to set up an international financial services centre (IFSC) in Jamaica."There is a policy agreement to continue the project...

Lasco Group chairman Lascelles Chin urged the Government to reject considerations to remove junior market tax waivers, at an investment forum on Thursday. The tax benefits amounting to 10 years of waivers is a primary appeal of the market, which grew...

General Motors Company earned its largest profit ever in 2011, two years after it nearly collapsed.Strong sales in the United States and China helped the carmaker turn a profit of US$7.6 billion, beating its old record of US$6.7 billion in 1997 during...

Attorneys for jailed Texas tycoon R. Allen Stanford on Wednesday began their defence in his fraud trial after prosecutors rested their case following three weeks of testimony in support of their claims the financier was behind a massive Ponzi scheme that took billions from investors....

Consolidated Bakeries Jamaica Limited began more than half a century ago as a tri-family merger of interests.But the decidedly private company has had a very public presence and a place in Jamaican households through its...

CUNA Mutual Insurance Society (CMIS) has been reorganized into a stock insurance company and renamed CMFG Life Insurance Company.