Jamaica could experience a slowdown of capital inflows, as markets around the world digest the downgrade of America's credit, the central bank said Tuesday.Beyond that, analysts were not clear just how big an impact...
Foreign aid to Jamaica has slowed down amid uncertainty about the International Monetary Fund agreement and the secretive discussions on the country's performance on the last two tests.Jamaica was expecting aid flows...
The takeover bid launched by Black Sand Acquisition Inc for spirits conglomerate Lascelles deMercado was influenced by the possibility that its holdings in Carreras Limited were about to be sold off to bail out ailing parent, CL Financial of Trinidad....
CL Financial will on Thursday offer its latest payment plan to bondholders, including the Black Sand investment titans, regarding a US$240-million bond in default, according to Jamaica Central Securities Depository...
Prime Minister Kamla Persad-Bissessar Monday demanded "an unqualified and proper apology" from Opposition Senator Fitzgerald Hinds for saying the Trinidadian leader deceived people when she said the government corruption watchdog exonerated her over...
Red Stripe Jamaica, a subsidiary of Diageo, has added two members to its marketing team to drive growth of Red Stripe beer.Sean Yelle, who has a background in the mobile market, has stepped into the newly...
The value of a well-diversified CARICOM portfolio was highlighted this week, as CARICOM stocks posted solid gains, whilst global stock markets were recording massive losses.For the week ending August 5, 467,577,485 shares valued at US$40,277,105,...
Jamaica's coffee regulator will within weeks begin removing inferior grade coffee that are falsely marketed as 100 per cent Blue Mountain Coffee from local grocery shelves. It will also be on the lookout for brands...
EDUCATOR JAMES Walsh, principal of Brown's Town Community College, has challenged small entrepreneurs to carefully explore the business opportunities that can be created by using more local products and materials....
The European Central Bank pulled Italy and Spain back from immediate financial disaster on Monday, driving down the countries' dangerously high interest rates by buying up billions of euros worth of their bonds on the open market....
The price of gold streaked past US$1,700 an ounce for the first time Monday.Investors, beset by worries about the US debt downgrade, Europe's financial crisis and slowing global growth, sought safety in the metal as stocks tumbled around...
EARL JARRETT, general manager of Jamaica National Building Society (JNBS), said the Denbigh Agricultural, Industrial & Food Show has the potential of becoming a major tourism attraction for Jamaica...
Oil plunged to its lowest price of the year Monday on concerns about the slowing global economy and future demand for oil and gas.Benchmark West Texas Intermediate crude fell US$5.57 to US$81.31 per barrel on the New York Mercantile Exchange....
More than 300 members of the shipping industry and their families recently benefited from the Shipping Association of Jamaica's (SAJ) three-day health-and-wellness fair.The fair, held at the SAJ's Fourth Avenue offices from July 27-29, provided blood...
Managing a nation or a business in this era is not easy, with all the economic problems globally, environmental issues, in addition to the political demands of the peoples for their governments and business sectors...
THERE HAS been an attempt to blame public-sector workers who held out for wages due to them for Jamaica's failure to have its economic programme assessed by the International Monetary Fund (IMF).Minister of Finance and the Public Service Audley Shaw,...
Though there is no "glitz and glamour" in agriculture, 30-year-old Nickas Porteous says he is extremely happy. Porteous, who runs the Prosperity Producers Farm in Amity Hall, St James, completed his studies at HEART Trust/NTA's boarding school...
Lawyers representing the interests of the Financial Sector Adjustment Company Limited (FINSAC) and its agents have asked the commission enquiring into the financial-sector crises of the 1990s to disregard the evidence of former Century National Bank chairman, Donovan Crawford, given his refusal to be subjected to cross-examination.
Leaders often ask why people are not more productive, and how to to get them to be more disciplined, time-conscious and concerned about the quality of their work.
NCB Capital Markets Limited (NCBCM) has bought a 29 per cent stake in Jamaica Money Market Brokers Limited, making it the 'single largest' owner of its rival.
Republicans and Democrats quickly doled out blame to each other for the first-ever downgrade in the nation's sterling credit rating, an expected but unsettling move that further clouds prospects for the recovery of the fragile United States' economy.
Former Water and Housing Minister Dr Karl Blythe has admitted to complaining about not being treated fairly by debt collector Jamaican Redevelopment Foundation (JRF) in circumstances where he has personally failed to fully honour his commitments to repay a number of loans.
