Business

I own a 10-year-old Toyota motor car. It is insured comprehensively for J$1.2 million. The policy expires later this month. Last year, my premium, inclusive of GCT, amounted to J$45,503.50. The 2011 renewal premium including tax, according to my insurer, is J$44,424.40. The broker's renewal notice indicates that the "premium payable" is J$46,224.40.

PROVEN Investments Limited is negotiating the acquisition of a second investment firm amid posting US$6.6 million (J$565 million) in audited after-tax profit for its first 13 months of operations.

Champions Assist, a programme of the National Export-Import Bank Jamaica to pump debt capital into needy small firms in the productive sector, has extended its deadline to June 10 for companies to apply for assistance.

WITH SIX major storms predicted for the 2011 Atlantic hurricane season, which officially began on Wednesday, residents of the vulnerable community of Parottee are already in panic mode. The community is located along a five-mile strip of land on the southeastern reaches of Black River that runs between the Walla Wash Pond on one side and the sea on the other.

WITH ITS partners fully energised, the College of Agriculture, Science and Education (CASE) in Portland has expanded its programme offering to students, and is now on course for renewed development.

IN THE early afternoon sun on Friday, May 13, George Evans sprayed his patch of carrots in the district of Contrivance, Walderston, Manchester. Weeds had taken over the patch, and before they strangle and suffocate his produce, he was intent on exterminating them. Another disaster was not going to happen.

Prime Minister Kamla Persad-Bissessar on Tuesday touted her country to Indian businesses as the ideal location for investment.Addressing a business forum organised by the Indian High Commission in Port-of-Spain, Persad-Bissessar said that her...

Seven months after Hurricane Tomas devastated banana plantations, St Lucia has resumed exports of the fruit to Europe.

Mexican Central Bank Governor Agustin Carstens said Wednesday he hopes the executive board of the International Monetary Fund (IMF) will accept a Latin American as its new leader.

Foreign Direct Investment (FDI) to Latin America and the Caribbean is expected to hit record levels in 2011, increasing up to 25 per cent year over year, according to a United Nations report released last month.FDIs, or...

Predictably, The Gleaner WikiLeaks revelations capture the imagination.In politically polarised Jamaica, with secrecy the norm, people constantly seek validation for their hunches, suspicions and prejudices...

Capital and Credit Financial Group (CCFG) says its Cayman Islands subsidiary, Express Remittance Services (ERS), is being closed down by mutual agreement with its partners, citing declining business and high...