Business

OCHO RIOS, St.PROFESSOR ROSALEA Hamilton, president of the Micro, Small and Medium Enterprises (MSME) Alliance, has described Flow's roll-out of services in St Ann as "another indication of the company's leading role in changing Jamaica's telecommunications landscape.

Continued prudence in cost management, combined with a $23-million boost in investment interest booked to financial income, resulted in a 53 per cent jump in The Gleaner Company's pre-tax profit for the first quarter to $59 million.

The global financial community was abuzz with speculation Tuesday about who would eventually replace Dominique Strauss-Kahn as head of the International Monetary Fund (IMF). With Strauss-Kahn jailed in New York on sex crime charges, the prevailing view...

Suriname has signed a new agreement with the Canadian-based IAMGOLD Corporation that will facilitate a substantial expansion of the company's gold-mining operations in the company's Brokopondo district. "Parties agreed to cooperate in the development in...

The International Monetary Fund (IMF) says following the severe impact of the global economic crisis on Barbados, the island's economy is beginning to recover.Therese Turner-Jones, chief of an IMF mission that visited Barbados from May 10-13, said...

Reasserting itself as an aggressive competitor, LIME Caribbean confirmed last night that it would be building out a 4G network across a dozen Caribbean markets, a move insiders said would keep the company ahead of the curve as mobile consumers demand...

This week, we focus on one of the most difficult decisions for an investor, that is, when to sell a stock.The decision is often a difficult one because of the fact that if you sell a stock when it is down, you feel like you're giving up, while on the...

COK Sodality Co-operative Credit Union will be selling J$300 million worth of shares to existing members to raise equity capital, which it will redeem in five years.The J$1-per-share offer, brokered by Money Masters Limited, opens for subscription...

IN A week of below-average trading, 13,558,640 shares valued at $3.19 million crossed the floors of the six stock exchanges across CARICOM, with 39 stocks advancing, 12 declining and 70 remaining unchanged.Sagicor Life Jamaica was the volume leader with...

George Nicholas, chairman of state-owned Caribbean Airlines Limited (CAL), said Monday that the award of a multimillion-dollar contract to a company in which his family has an interest, had been done in a transparent manner and in keeping with good...

Eurozone ministers have informally discussed the restructuring of Greece's massive debt, but are reluctant to do so in public, the Dutch finance minister said Monday.Investors and analysts are increasingly convinced that Greece's debt load is so big...

In an effort to reduce brain drain and build social capital, The Young Professionals Network of Jamaica (YPNJ) will be launching its Skills Consortium on Wednesday, May 18.President of the YPNJ, Bronhil Thompson, explained that the Skills Consortium...