Business

National Commercial Bank Jamaica (NCB) hit a new record of J$13 billion in net profit, a performance the bank is attributing to growth in its core business as well as gains on foreign currency trading and investment activities.

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Development Bank of Jamaica (DBJ) has created a J$250-million special line of credit for farmers of onion and Irish potato, accessible through the National People's Co-operative Bank network.

The Korean partners in the Jamaica Public Service Company (JPS) recently secured a US$135-million (J$11.5 billion) debt guarantee to finance its partial acquisition of the local power provider, according to its latest quarterly financial report.It's the...

The European Central Bank (ECB) has cut interest rates by a quarter percentage point under new head Mario Draghi as it tries to boost a weakening economy that's reeling from a government debt crisis that threatens to spread from Greece...

Gloomy predictions on the fate of capitalism in the 21st century come from not only fringe elements, the extreme right wing, anti-Obama fanatics, would-be revolutionaries and conspiracy theorists, but also the mainstream, 'ordinary people' contemplating...

The Barbados-based Caribbean Development Bank (CDB) has signed a grant agreement with the Insurance Catastrophe Risk Organisation SCC (MiCRO) to support a micro-insurance programme for Haiti.MiCRO is a special-purpose company licensed to provide...

The National Insurance Fund (NIF) has been trying for up to three years to divest several real-estate assets, but says the offers from would-be buyers have not been enticing. ...

Newly formed spirits distributorship Select Brands expects to generate J$1 billion in annual sales in three years, but its managers argue that the brand's growth will not snatch market share from their former employer Lascelles deMercado....

WHILE MELZADER Robinson has been tilling the soil for 35 years, recent developments have injected renewed energy into her activities.

WITH NINE parishes inspected to date, the Apiculture Unit in the ministry of agriculture is reporting that less than two per cent of bee hives are infected with the American Foulbrood Disease (AFB).

Eurozone leaders have insisted for months that there is no Plan B - the currency bloc simply will not break up...