LIME, a regional provider of telecoms services, says that it plans to leverage its technologies and partner with security companies to help regional firms monitor and protect their physical infrastructure.
Lasco Manufacturing Limited (LML) will invest up to US$11 million (J$943 million) in a factory upgrade that will enable it to nearly double sales by 2014, management at the public company stated last Thursday at a forum.The investment will increase...
Regulators in British Colombia, Canada have prohibited the trading of shares in Jammin Java, a coffee company chaired by Rohan Marley, son of reggae legend Bob Marley, over failure to file its financial report.
Question: I moved into a 3,000 square feet, two-storey house located in Manchester with members of my family recently. It has all of the modern features.
Brian Peterson admitted it's hard to watch as floodwaters envelope the bright green cornstalks now about knee-height, but he said he'll survive the loss at his farm along the Missouri River in western Iowa.And experts said the nation will be OK, too,...
The Central bank of Barbados (CBB) says the domestic market has the capacity to absorb new debt issues in a pushback against a decision by Moody's Investor Services to downgrade the island's rating on its domestic debt....
China, the biggest buyer of US Treasury debt, boosted its holdings in April, the first increase after five straight declines. The United States Treasury Department said Wednesday that China increased its holdings by US$7.6 billion to US$1.15...
The International Monetary Fund In a statement from Washington on Monday said it would consider two candidates, front-runner Christine Lagarde, the French finance minister, and Agustin Carstens, Mexico's central bank chief.The IMF's last chief,...
Suriname has entered into an agreement with a United States company to establish farms for the production of renewable fuel and protein.The project will involve the Ministry of Natural Resources, the state-owned oil company Staatsolie, United Culture...
Dr Jean Holder has resigned as chairman of regional airline LIAT after seven years.The Barbadian will remain in the position until a new candidate is selected to replace him on the LIAT board and a new chairman is named, said a statement issued through...
THE EDITOR, Sir:I write in relation to an article published in the Business Gleaner on Wednesday, June 14, 2011, headlined "JCAA to triple profit from new fee on air travellers." We note that your article made certain...
A suggestion by the Government's growth experts that it package expansive property assets into a real estate investment trust (REIT) has been taken on board by the largest state developer as a likely new format...
The Falmouth cruise ship pier generated income of some US$4.4 million (J$380 million) from 50,700 passengers in April alone making it the island's busiest pier, according to data from the Port Authority of Jamaica (PAJ)...
Lorraine Salmon, labour market analyst with the Ministry of Labour and Social Security, has confirmed a strengthening of demand for new blood in local businesses especially in the fields of finance, wholesale and manufacturing."Demand is picking up...
Merchandise produced for an entrepreneurship competition under the Obra youth initiative were showcased at a mini exposition held at the offices of RISE Life Management Services in downtown Kingston earlier this month...
It is still too early to forecast the direction of global oil markets in the coming months, following Saudi Arabia's unilateral decision to ramp up oil production starting next month.Immediate reaction to this decision which will involve a 10 per cent...
The acquisition of Mavis Bank Coffee Factory (MBCF), the largest processor of Jamaica Blue Mountain coffee, should be wrapped up by September, according to Peter Melhado, the joint chairman of MBCF and its negotiating committee...
The Supreme Court has granted an injunction to COK Sodality Co-operative Credit Union against Intertrade Finance Corporation from which it is seeking to recover an undisclosed sum of money from the New...
For 100 years, the Jamaica Biscuit Company Limited (Jambisco) has stuck to its winning formula - manufacturing biscuits, and that alone, at its plant in Kingston notwithstanding a change in ownership a dozen years ago....
Last Tuesday, Trinidad and Tobago's central bank and CLICO sued former CL Financial chairman Lawrence Duprey, high flying CL executive André Monteil and three associated companies...
The KINGSTON and St Andrew Corporation (KSAC), as part of its drive to deal with illegally constructed buildings will be demolishing two buildings, this month, which it said were built without its approval. The developers ...
