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Business

Published:Friday | September 30, 2011 | 12:00 AM

The non-profit charity Hands Across Jamaica for Righteousness has been removed from the Financial Services Commission (FSC) watch list after three years, having satisfied...

Published:Friday | September 30, 2011 | 12:00 AM

Attorney Milton Samuda was re-elected Tuesday for a fourth consecutive term as president of the Jamaica Chamber of Commerce (JCC). In his presidential speech, delivered ahead of his re-election, Samuda listed among his accomplishments...

Published:Friday | September 30, 2011 | 12:00 AM

Jamaica Fibreglass Products Limited (JFP), a 26-year-old furnishing company, intends to become a listed company on the junior stock market, but neither company executives nor lead broker and financial advisor, Pan Caribbean Financial Services, would...

Published:Friday | September 30, 2011 | 12:00 AM

A new bill for the adoption and application of the National Building Code, was tabled in the House of Representatives by Prime Minister Bruce Golding on Wednesday...

Published:Friday | September 30, 2011 | 12:00 AM

Pan Caribbean Financial Services said it will redeem the remaining 3.16-million preference shares in December, at the issue price of J$200 per share.The investment company issued the 12.5 per cent cumulative redeemable shares to raise capital ...

Published:Friday | September 30, 2011 | 12:00 AM

Power provider Jamaica Public Service Company (JPS) said that its planned US$330 million (J$28 billion) power plant will be delayed due to a missed deadline by its regulator, the Office of Utilities Regulation (OUR)...

Published:Friday | September 30, 2011 | 12:00 AM

Jamaica's financial houses have been slow to migrate to a new clearing system implemented by the Bank of Jamaica (BOJ), leading the central bank to impose a fee structure that punishes use of the old automated clearing...

Published:Thursday | September 29, 2011 | 12:00 AM

Taxing financial trades has been touted as a panacea for all kinds of global ills, a cash source to fight poverty and global warming.But the latest European attempt to introduce a worldwide standard 40 years after it was first conceived is facing stiff...

Published:Thursday | September 29, 2011 | 12:00 AM

WESTERN BUREAU: MINISTER OF Tourism Edmund Bartlett says plans are now in place for the development of the Cockpit Country into a world-class eco-tourism product by 2013-2014, and gave the assurance that the forested area's...

Published:Wednesday | September 28, 2011 | 3:01 PM

Milton Samuda, attorney at law, was unanimously re-elected as president of the Jamaica Chamber of Commerce (JCC) during the organisation’s annual general meeting Tuesday.

Published:Wednesday | September 28, 2011 | 2:33 PM

The charity, Hands Across Jamaica for Righteousness, has been removed from the Financial Services Commission (FSC) public watch list.

Published:Wednesday | September 28, 2011 | 12:00 AM

Forget about Thomas Edison's famous saying about genius being one per cent inspiration and 99 per cent perspiration. How about this instead: Genius is making a way out of no way.

Published:Wednesday | September 28, 2011 | 12:00 AM

Venezuela says it is surprised at the move by Guyana to apply to the United Nations for an extension of its continental shelf.The Ministry of Foreign Affairs in Venezuela said that while Guyana's request does not prejudge the limits between the two...

Published:Wednesday | September 28, 2011 | 12:00 AM

CLICO policyholders have headed to court with a challenge to new legislation passed last week by the Trinidad Parliament that bars legal action against the central bank for recovery of funds from the failed insurance company...

Published:Wednesday | September 28, 2011 | 12:00 AM

Ambassador Marco Mazzocchi Alemanni, head of the delegation of the European Commission/European Union, said a speedy resolution on issues such as tax reform and reduction of the public-sector wage bill could serve as an incentive for Jamaica's...

Published:Wednesday | September 28, 2011 | 12:00 AM

Gassan Azan has applied to the Manchester Parish Council for approval to construct another MegaMart store in the parish capital, Mandeville.While telephone calls to Azan went to voicemail, Dewaine Larmond, acting director of planning at the Manchester...

Published:Wednesday | September 28, 2011 | 12:00 AM

The 1,344 investors seeking shares in General Accident Insurance Company will each be allotted a piece of the company. Lead broker Mayberry Invest-ments Limited said Monday that those bidding for up to 50,000 shares will receive their full allotment...

Published:Wednesday | September 28, 2011 | 12:00 AM

Caribbean stocks fell as 35,226,206 shares, valued at US$4,834,640, crossed the floors of the six stock exchanges across CARICOM, with 19 stocks advancing, 54 declining and 51 unchanged.Jamaican Teas Limited was the volume leader with 10,272,602 shares...

Published:Wednesday | September 28, 2011 | 12:00 AM

This week, we continue our discussion on risk. In everyday usage we tend to think of risk in predominantly negative terms, as something to be avoided or a threat that we hope won't materialise...

Published:Wednesday | September 28, 2011 | 12:00 AM

Lascelles deMercado and Company has turned to the courts to compel the Financial Services Commission (FSC) to declare the amended hostile bid by Black Sand Acquisition Group as being non-compliant with the regulator's...

Published:Wednesday | September 28, 2011 | 12:00 AM

The Supreme Court has rejected an application by telecommunications company LIME, which sought to block the acquisition of Claro Jamaica by Digicel Group by challenging the decision of the prime minister to approve what it suggested was a harmful deal....

Published:Wednesday | September 28, 2011 | 12:00 AM

Jamaica attracted roughly US$1 billion ($86 billion) in net investment last year when factoring all business activity, including foreign direct investment, according to a central bank report released last week....

Published:Tuesday | September 27, 2011 | 12:00 AM

THE UGLY state of many buildings in downtown Kingston is turning off potential shoppers, but merchants claim tight cash flow is preventing them from giving the place a spruce-up....

Published:Tuesday | September 27, 2011 | 12:00 AM

HEAD OF the Kingston Central Police Division and the man charged with leading the policing in most of downtown Kingston, Superintendent Steve McGregor, has expressed confidence that the right measures are in place to keep the lid on crime in the commercial district....

Published:Tuesday | September 27, 2011 | 12:00 AM

Destination Downtown turns the spotlight on some of the little things that need to be fixed if the redevelopment of the commercial district is to become a reality.

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