Business

After what has been described as a softening in the market for the third quarter, The Gleaner Company Limited returned an after-tax profit of J$176 million for the nine months to September and has declared a dividend of 3.5 cents per share....

THE DELAY in the roll out of new resorts centred around casino gambling has derailed growth targets of 50 per cent or 10,000 new rooms over a five-year period, announced by tourism industry planners as far back...

Sugar & Spice pastries has opened its fifth shop on Constant Spring Road, Kingston.Operations Manager Roger Chang said the company invested J$30 million in setting up the 2,500-square-foot shop. It will carry a similar line of products, including...

Edmund Bartlett, minister of tourism, said Tuesday that soon local suppliers to the hotel sector will be better placed to trade with the grouping as the ministry would be conducting a survey on the goods and services in demand by properties.The impact...

DONOVAN STANBERRY, permanent secretary in the Ministry of Agriculture and Fisheries, has challenged international funding agencies to rethink their poverty alleviation strategies by matching the money spent on...

Jamaica Money Market Brokers (JMMB) has reported net profit of J$1.3 billion for the first six months of its financial year up to September 2011, more than triple the J$454.7 million recorded for the comparative period last year...

MINISTER OF Agriculture and Fisheries Robert Montague is confident that the country can achieve self-sufficiency in beef production. He stated that Government's plan to significantly boost production of beef to meet 60 to 65 per cent of local consumption...

Guardian Group Holdings has reported third quarter profit of almost 25 per cent.

The economy of the 17-nation Euro bloc avoided contracting in the third quarter, thanks mainly to Germany and France, but is widely expected to fall into recession imminently as a result of its raging debt crisis.In its first estimate for the third...

Federal safety regulators are investigating problems with the automatic shift levers on several General Motors Company cars that have caused at least seven crashes.The National Highway Traffic Safety Administration (NHTSA) said on its website Monday...

Caesars Entertainment Corp, one of the world's biggest casino companies, is restarting its plans to go public a year after it cancelled its initial public offering. The announcement comes as the IPO market is beginning to heat up again....