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Business

Published:Friday | December 2, 2011 | 12:00 AM

I want to say something about the possibilities for regionalism in the Caribbean. To make the point though, perhaps a bit of history may be useful. Please bear with me. "We want no unwilling peoples within our empire" - so stated Clement Atlee...

Published:Friday | December 2, 2011 | 12:00 AM

Striking workers employed with the Grenada branch of the Royal Bank of Trinidad and Tobago (RBTT) were back on the job Thursday after a majority of workers voted to accept an 11 per cent across the board pay hike. The counterproposal from the bank's...

Published:Friday | December 2, 2011 | 12:00 AM

Marriott International says it plans to open its first ever hotel in Haiti in 2014."This hotel is one more signal that Haiti is open for business," said Marriott International president Arne Sorenson in a press release.His announcement coincides...

Published:Friday | December 2, 2011 | 12:00 AM

Prime Minister Hubert Ingraham says Kerzner International has announced plans to transfer its ownership of the Atlantis Resorts and Paradise Island properties to the Canadian-based company, Brookfield. Ingraham told legislators that Kerzner International...

Published:Friday | December 2, 2011 | 12:00 AM

Prime Minister Denzil L. Douglas says the 12th annual MESO-American and Caribbean Hydrographic Commission to be held in St Kitts next month is of major significance to the twin-island Federation...

Published:Friday | December 2, 2011 | 12:00 AM

Conglomerate Lascelles deMercado (LdM) can now avoid issuing a director's circular in response to its hostile takeover bidders Black Sand Acquisition Group based on a court ruling yesterday, the company's management said in a release....

Published:Friday | December 2, 2011 | 12:00 AM

The Petroleum Corporation of Jamaica (PCJ) says it is now accepting bids for technical assistance for the implementation of two hydro-power projects aimed at reducing the cost of energy by increasing the use...

Published:Friday | December 2, 2011 | 12:00 AM

Jamaica has missed out on a rare half-billion dollar (US$6 million) a year opportunity to supply ginger to a United States-domiciled drinks company listed in the NASDAQ, the world's largest stock exchange by market...

Published:Friday | December 2, 2011 | 12:00 AM

Conglomerate Lascelles deMercado recorded a 15 per cent dip in net profit to $2.36 billion for the year ending September 2011, as it earned nearly $1 billion less from investment as a direct result of the Jamaica Debt...

Published:Friday | December 2, 2011 | 12:00 AM

Members of the Special Constabulary Force Association (SCFA) said they would be financially worse off under the system proposed to reform the current public-sector pension plan....

Published:Friday | December 2, 2011 | 12:00 AM

The Jamaican Government could seek a deferment of interest payments to Venezuela, totalling US$44 million for the current financial year, under the PetroCaribe Development Fund, and is expected to be among the major issues to be discussed at a summit in...

Published:Thursday | December 1, 2011 | 12:00 AM

Record-keeping is critical for any farmer who is serious about the business of livestock. The records of farm activities are used to make management decisions towards the successful operation and expansion of the farming...

Published:Thursday | December 1, 2011 | 12:00 AM

WEAK AND ineffective governance, poor policies and bad institutional structures are among the major reasons for the widespread and continuing degradation and depletion of the natural resources of African, Caribbean...

Published:Thursday | December 1, 2011 | 12:00 AM

Major central banks around the globe teamed up Wednesday to ease the strains that Europe's debt crisis has placed on the world's financial system...

Published:Thursday | December 1, 2011 | 12:00 AM

RESTRUCTURING OF the fisheries division in the Ministry of Agriculture and Fisheries to convert it to an executive agency is on track, and this should be accomplished a year from now, according to permanent secretary, Donovan Stanberry...

Published:Thursday | December 1, 2011 | 12:00 AM

BUREAU OF Standards Jamaica (BSJ) executive, Stephen Farquharson, has highlighted the importance of a valid certification programme in enhancing the competitiveness of local agricultural produce....

Published:Wednesday | November 30, 2011 | 12:00 AM

On Tuesday, November 15, more than 40 notable Jamaicans proved that, indeed, 'excellence has its rewards'. The occasion was the 20th Governor General Achievement Awards conducted under the patronage of Governor General Sir Patrick Allen and Lady Allen on the lawns...

Published:Wednesday | November 30, 2011 | 12:00 AM

With Italy sinking rapidly into financial chaos, the Eurozone's 17 finance ministers scrambled Tuesday to find enough money to give their rescue fund a veneer of credibility and the markets some reason to believe their embattled currency won't break...

Published:Wednesday | November 30, 2011 | 12:00 AM

American Airlines and its parent company filed for bankruptcy protection as they try to cut costs and unload massive debt built up by years of high fuel prices and labour struggles.

Published:Wednesday | November 30, 2011 | 12:00 AM

The 17 finance ministers of the countries that use the euro converged on EU headquarters in Brussels on Tuesday, in a desperate bid to save their currency - and to protect Europe, the United States, Asia and the rest of the global economy...

Published:Wednesday | November 30, 2011 | 12:00 AM

Port workers, who went on strike to press their claims for outstanding wages, have received nearly EC$500,000 (US$185,185) in arrears, Grenada's Port Authority officials have confirmed.The payout effectively ends industrial action at the country's three...

Published:Wednesday | November 30, 2011 | 12:00 AM

Barbados has launched a multimillion-dollar fund that it hopes will spur efforts towards the development of a renewable-energy sector which the authorities said is critical to restructuring the local economy as the island moves to become a world leader...

Published:Wednesday | November 30, 2011 | 12:00 AM

Wigton Windfarm Limited in Manchester has been awarded the Jamaica Institution of Engineers' (JIE) engineering 'project of the year award' for its 18-megawatt windfarm expansion project, Wigton phase two.The project, in which US$47.5 million was...

Published:Wednesday | November 30, 2011 | 12:00 AM

Telecommunications firm LIME has signed an agreement with the CARICOM secretariat to provide videoconferencing equipment and services to Jamaica and seven other member countries, as well as five other territories in the region....

Published:Wednesday | November 30, 2011 | 12:00 AM

More local products are set to hit supermarket shelves in Switzerland following a showcase by Jamaica Promotions Corporation (JAMPRO), under the theme 'Taste Jamaica', at the island's embassy in Geneva earlier this month."They are certainly very...

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