Wed | Jul 1, 2026

Business

Published:Friday | August 26, 2011 | 12:00 AM

The Bank of Jamaica (BOJ) has recast its projections on key economic indicators in light of the near-term impact on the Jamaican economy of Standard and Poor's downgrade of the credit rating of the United...

Published:Friday | August 26, 2011 | 12:00 AM

Pepsi Cola Jamaica, which saw sales of the carbonated soft drink increased by 12 per cent since it introduced Pepsi Bubbla on the local market two months ago, said it would allow consumers to determine whether it kills the larger product."We always...

Published:Friday | August 26, 2011 | 12:00 AM

Ancile Brewster, country representative of the Inter-American Development Bank (IDB), says Jamaica's attempts at tax reform are ambitions, even as he urged the country's legislators to push ahead with proposals contained in a Green Paper currently before Parliament....

Published:Friday | August 26, 2011 | 12:00 AM

Clifton Mount Estate Limited, owners of Café Blue, will be expanding business in Kingston and Montego Bay over the next two months.Clifton Mount is the oldest functioning coffee estate in Jamaica and a producer ...

Published:Friday | August 26, 2011 | 12:00 AM

Steve Jobs started Apple Computer with a high school friend in a Silicon Valley garage in 1976, was forced out a decade later, then returned to rescue the company.

Published:Friday | August 26, 2011 | 12:00 AM

AT THE best of times, a 0.2 per cent spike is marginal enough to be labelled as flat.But this week, it was yet another sign of a broken economy slowly on the mend.

Published:Friday | August 26, 2011 | 12:00 AM

The British Union for the Abolition of Vivisection (BUAV) says Caribbean Airlines Limited has joined the growing list of airlines that refuse to ship primates for research."Caribbean Airlines will not accept primates...

Published:Friday | August 26, 2011 | 12:00 AM

The Ministry of Agriculture and Fisheries has set aside approximately J$1 billion for the continued development of the sugar industry over five years.The funds are in addition to the J$523 million already budgeted, and will be made available up to...

Published:Friday | August 26, 2011 | 12:00 AM

Warren Buffett is coming to the rescue of another fallen giant.Buffett's Berkshire Hathaway announced Thursday that it would invest US$5 billion in Bank of America Corp, giving a much-needed vote of confidence in the struggling bank.The bank's stock had...

Published:Friday | August 26, 2011 | 12:00 AM

Exec Direct Aviation (EDA), Jamaica's only all-cargo airline, has secured permits to fly to Cayman Islands and Nassau, Bahamas, the company said Wednesday....

Published:Friday | August 26, 2011 | 12:00 AM

Jamaica Producer Group's snack food business has underperformed in the first half of the year, which the company blames on low yield from its banana farms.

Published:Friday | August 26, 2011 | 12:00 AM

AS THE issue of tax reform returns to the front burner, it is worthwhile to look at what has been happening recently, as well as some of the big challenges we will have to address if we are to facilitate our tax regime in acting as a catalyst for...

Published:Friday | August 26, 2011 | 12:00 AM

It ought not to take long for the Office of Utilities Regulation (OUR) to get to the bottom of the puzzling cases of JPS light bills that, according to some users, bear no relationship to the amount of electricity consumed.

Published:Thursday | August 25, 2011 | 12:00 AM

Jamaica has ratified the 2008 and 2010 amendments to the International Monetary Fund (IMF) articles of agreement and 14th general review of quotas.Daryl Vaz, minister with responsibility for information, told journalists gathered for a post-Cabinet...

Published:Thursday | August 25, 2011 | 12:00 AM

IT APPEARS that the Government has approved the merger of telecommunications firms Digicel and Claro.Daryl Vaz, minister with responsibility for information, said during Wednesday's post-Cabinet press conference that the only thing which remains...

Published:Thursday | August 25, 2011 | 12:00 AM

Japan's government on Wednesday unveiled a US$100 billion loans programme to ease the strains of a strong yen and encourage companies to turn adversity into opportunity.The unconventional one-year scheme aims to prompt Japanese companies to shift their...

Published:Wednesday | August 24, 2011 | 12:00 AM

Finance Minister Audley Shaw has claimed that the lowering of import duties on motor vehicles has acted as "stimulus" for the auto sector, but traders on one side of the market, used vehicles, say the uptick ...

Published:Wednesday | August 24, 2011 | 12:00 AM

A chance meeting in an airport lobby between the top executives of Ford Motor Company and Toyota Motor Corp has evolved into a deal between the auto giants to jointly develop a gas-electric hybrid engine for pickup trucks and sport utility vehicles....

Published:Wednesday | August 24, 2011 | 12:00 AM

Most deteriorating businesses will do so faster than you anticipate. Be very wary of value traps, or companies that look cheap but are generating little or no economic value. On the other...

Published:Wednesday | August 24, 2011 | 12:00 AM

Consumption of pork has increased by almost 20 per cent since Caribbean Broilers embarked on a campaign five years ago to boost the quality and enhance supply of the meat, but Jamaicans still eat far less of the protein than the average person worldwide.....

Published:Wednesday | August 24, 2011 | 12:00 AM

Caribbean Broilers Group (CB) has acquired Chippenham Park Eggs, and plans to pour fresh capital into the business to expand its reach and dominate the 11 million-dozen local egg market.The purchase, concluded in early August, brings to seven the number...

Published:Wednesday | August 24, 2011 | 12:00 AM

For the week ending August 19, some 54,903,910 shares valued at US$7,361,872 crossed the floors of the six stock exchanges across CARICOM, with 55 stocks advancing, 27 declining and 43 remaining unchanged.Jamaica Money Market Brokers (JMMB) was the...

Published:Wednesday | August 24, 2011 | 12:00 AM

Jamaica Money Market Brokers (JMMB) has revealed plans to make another play for securities business in Trinidad, a market it exited three years ago in the midst of the recession when it needed cash and sold out to partner CL Financial group....

Published:Wednesday | August 24, 2011 | 12:00 AM

NCB Insurance has snapped up close to 17 million shares in GraceKennedy Limited on behalf of a client who, in three months, has emerged as the single largest shareholder in the food and financial services conglomerate.The purchaser aggressively acquired...

Published:Tuesday | August 23, 2011 | 12:00 AM

International oil prices fell Monday on the prospect that exports from Libya will return to the market at a time of economic weakness. It will be at least several months before Libya is producing enough oil to start exporting it again...

Pages

Subscribe to Business