Wed | Jul 1, 2026

Business

Published:Wednesday | August 3, 2011 | 12:00 AM

GraceKennedy Limited reported marginally improved revenue over six months, led by its food division, which also shrugged off rising energy and raw material costs to contribute higher returns to the group at June 2011....

Published:Wednesday | August 3, 2011 | 12:00 AM

Be careful of snakes: Though the economics of a business is key, the stewards of a company's capital are still important....

Published:Wednesday | August 3, 2011 | 12:00 AM

Christine Lagarde, managing director of the International Monetary Fund (IMF), applauded the conclusion to the debt-limit debate after it was signed into law Tuesday by US President Barack Obama.Lagarde then urged the US to focus on developing...

Published:Wednesday | August 3, 2011 | 12:00 AM

Parick Hylton has been outstanding at delivering profit to majority and minority owners of National Commercial Bank of Jamaica (NCB), who in turn earn consistent and sometimes generous dividend which last year amounted ...

Published:Wednesday | August 3, 2011 | 12:00 AM

The Antigua-based regional airline, LIAT, faced with industrial action by its workers in Grenada, cancelled a number of flights into that Caribbean island on Monday, while assuring customers that it was seeking a resolution to the matter."Intensive...

Published:Wednesday | August 3, 2011 | 12:00 AM

Victoria Mutual Building Society (VMBS) booked close to a billion dollars in gains off the deal that merged its insurance subsidiary with British Caribbean Insurance Company (BCIC) and has used a portion to strengthen...

Published:Wednesday | August 3, 2011 | 12:00 AM

Brazil is announcing measures to strengthen the country's industrial sector, which is struggling with an overvalued currency and cheap imports from countries such as China.

Published:Wednesday | August 3, 2011 | 12:00 AM

Toyota Motor Corp eked out a ¥1.1 billion (US$14 million) quarterly profit and raised its annual earnings forecast Tuesday as it mounts a comeback from the devastation of the earthquake and tsunami in northeastern Japan.

Published:Wednesday | August 3, 2011 | 12:00 AM

National Water Commission has hired NCB Capital Markets Limited (NCBCM) as lead broker/arranger to raise US$37 million of debt guaranteed by the Government of Jamaica as funding for the water monopoly's new subsidiary, Central Wastewater Treatment...

Published:Wednesday | August 3, 2011 | 12:00 AM

Noranda Aluminium has invested US$2.1 million (J$180 million) in the expansion of its Jamaican operations in St Ann, a newly released financial report shows.The investment represents seven per cent of Noranda's US$29.3 million capital expenditure since...

Published:Wednesday | August 3, 2011 | 12:00 AM

The United States Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline.The vote was 74-26.Obama planned to...

Published:Wednesday | August 3, 2011 | 12:00 AM

Global athletics brand Puma credited its €37.6 million (J$4.57 billion) record second-quarter 2011 profit performance in part to strong sales of its Jamaica inspired 'Faas' sneakers endorsed by sprinter Usain Bolt and dub-poet group No Maddz. ...

Published:Wednesday | August 3, 2011 | 12:00 AM

Port Authority of Jamaica (PAJ) has struck a more than J$300-million deal with auditing and consultancy firm Pricewaterhouse-Coopers Jamaica to handle the divestment of shipment hub Kingston Container Terminal (KCT), one of the region's busiest...

Published:Wednesday | August 3, 2011 | 12:00 AM

Despite solid gains and heavy trading on the junior markets, Caribbean stocks ended the week of July 25 to July 29 lower, on the back of losses in Manufacturing and Banking stocks.For the week, 53,581,431 shares...

Published:Tuesday | August 2, 2011 | 12:00 AM

'A stickler for quality assurance', that is how newly appointed general manager (GM) of Port Computer Services Limited (PCS), Elaine Hayden, describes herself. Hayden, who has a solid background in information technology management, has worked ...

Published:Tuesday | August 2, 2011 | 12:00 AM

PRIME MINISTER Bruce Golding is not opposed to the proposal for an entertainment zone to be established in downtown Kingston, where people could party all night long....

Published:Tuesday | August 2, 2011 | 12:00 AM

WORK HAS started on the premises in Tulip Lane, Denham Town, where eight prefabricated houses are to be built to replace those destroyed in a fire weeks ago.When The Gleaner team visited the area last week..

Published:Tuesday | August 2, 2011 | 12:00 AM

RESIDENTS OF communities in downtown Kingston have been promised that they will not be left behind as the Government pushes its ambitious project to redevelop the city.Prime...

Published:Tuesday | August 2, 2011 | 12:00 AM

RESIDENTS OF Water Lane and surrounding areas near East Street in downtown Kingston have been living with an unsightly and unhygienic rubbish heap for months, and they want it addressed now....

Published:Tuesday | August 2, 2011 | 12:00 AM

There is no decision yet on proposed changes to the operation of the downtown Kingston Transportation Centre. A multi-agency team of the Transport Authority, the Kingston and St Andrew Corporation and the Urban Development Corporation has been reviewing...

Published:Monday | August 1, 2011 | 12:00 AM

A 23-year-old teacher on Saturday earned the distinction of being the first parish representative from Westmoreland to win the National Farm Queen title, topping the field of 13 contestants on the opening night...

Published:Monday | August 1, 2011 | 12:00 AM

Caught off guard by the strong response to its recently launched Fresh 'n' Ready line of ready-to-eat vegetables, GraceKennedy is scrambling to keep up with demand, according to Angella Grandison-Reid, promotions and consumer services manager for...

Published:Monday | August 1, 2011 | 12:00 AM

Damian Obiglio, chief executive officer of the Jamaica Public Service Company (JPS), was facing the heat of patrons at the Denbigh Agricultural and Industrial Show in May Pen, Clarendon, on Saturday."Yes, it puts a lot of pressure on me, but I think...

Published:Sunday | July 31, 2011 | 12:00 AM

National Commercial Bank added more than a billion dollars to its nine-month profit, and will pay dividends to shareholders, amounting to J$690 million.

Published:Sunday | July 31, 2011 | 12:00 AM

The Government's Green Paper on Tax Reform for Jamaica is timely, as the last major tax-policy reforms were carried out in 1991. The Green Paper proposes some positive changes such as the reduction in the General Consumption Tax (GCT) rate in order to stimulate consumption...

Pages

Subscribe to Business