Business

There's a time for work and a time to be rewarded for work. Here's a snapshot of the glitterati that turned out last Thursday night for the Jamaica Manufacturers' Association 2011 annual dinner and awards at The Jamaica Pegasus hotel to celebrate the achievements of their peers.

Capital and Credit Financial Group is offering loans as low as 9.5 per cent, pitched at renewable energy sector through its merchant-banking arm. The loans, which are capped at J$5 million, can be used to finance renewable energy and solar water-heater systems.

Poverty, unemployment and inequality in Jamaica rank among the worst in the Americas despite the progress made by the debt-exchange programme, according to an International Monetary Fund (IMF) report published this month.

Many hikers after a successful trek over challenging terrain and trails place caution in their backpacks and fail to put it upfront in their heads. They do so at their peril, as they are lulled into complacency. Past successes and great performance can lull many into this comprising position, as around the bend could be a new opportunity or a new peril — usually both.

The European Central Bank offered new emergency loans to banks on Thursday to help them through the turmoil of the continent's government debt crisis, but decided against an interest rate cut despite mounting fears...

Telecom provider Claro saw its combined operating income in Jamaica and its other two Caribbean markets dip to US$98 million (1.37 billion pesos) over six months ending June, or 11 per cent less than the year-prior period due in part to a fall in fixed...

John Issa and other unnamed shareholders have agreed to sell their shares in The Jamaica Pegasus hotel to Kevin Hendrickson at an undisclosed price, in a deal that appears to cover the stake held by off-shore registered...

Many organisations and their leaders are unaware that they are either close to or at a precipice. At this position they have several options: continue walking until they fall over the edge, lower themselves down the mountain and cease the journey...

Neal and Massy is "very close" to finalising the sale of its 40 per cent stake in Cool Petroleum to an American company, says the conglomerate's Jamaican representative Brian Young, who suggested Tuesday that the deal could...

Despite reporting marginal decline in net profits executives of Caribbean Producers Jamaica Limited (CPJ) say the company had a credible performance at yearend June 30."Last year was a restructuring year for us and we...

In a dramatic turnaround, a senior official for the International Monetary Fund (IMF) on Wednesday retracted an earlier comment that the IMF could intervene in bond markets to support struggling Italy and Spain."The fund can only lend its resources to...

THE RESPONSE to this year's NCB Nation Builders Awards has been the most outstanding, with the largest number of applications received over the four years since the programme was launched.A total of 13 regional nominees have been selected in this year's...