Wendy's/Arby's International, a popular United States restaurant chain, says it has cooked up a recipe to expand its presence in the Caribbean. As part of a 10-year Caribbean drive set out in a 'long-term agreement'...
The Inter-American Development Bank (IDB) says it has established a Flexible Financing Facility (FFF) that will enable Latin American and Caribbean countries to tailor loan terms and conditions to suit their individual needs.It said that the facility...
If you are willing to pay a $35 fee to overdraw your checking account, just text your approval to the bank.Under a pilot programme at Bank of America, customers who enrol would have the option to instantly reverse a declined transaction.
A St Catherine businessman is to appear in the Corporate Area Resident Magistrate's Court this morning on money laundering and fraud charges.He is 42-year-old Sean Green, who is from Linstead, St Catherine...
We are in a critical period where there are problems in every direction - health, family, economic, sexual and numerous other problems, all stress-related. Even suicide has increased dramatically. Problems, problems, everywhere! ...
Bill-payment company Paymaster Jamaica Ltd will not have to pay millions of dollars in damages to GraceKennedy Remittance Services Ltd (GKRS) and computer programmer Paul Lowe before its appeal has been heard....
Chipping away at European unity, the European Union (EU) proposed revamp-ing its unique system of unfettered cross-border travel last Wednesday, bowing to the stresses generated by a flood of North African immigrants.The EU Commission suggested...
Improved governance and reform of pension fund regulations are crucial to the long-term sustainability of the industry and the development of the broad financial sector in Jamaica and the rest of the Caribbean region, according to Dr Gene Leon, resident...
You probably won't see a change at the gas station this weekend. But relief will come soon because oil prices fell 15 per cent this week, the steepest decline in two and a half years.
On April 29, the so-called Doha Development Round of the World Trade Organi-zation (WTO) all but died.Its demise went almost unremarked, with little or no media interest, and with few to publicly question the enormous amount of time, intellectual...
Cedric E. Stephens' article, 'Whiplash injury claims can be very tricky' published in The Sunday Gleaner on April 17, would leave the uninitiated reader with several wrong impressions.
If you are feeling a bit hot under the collar because of the bank-imposed limitations on the usage of your debit card via the automatic banking machines, the good news is you can ask for a better arrangement from your...
Digicel Jamaica is in the market for a new head of marketing following the departure of Donovan White, who held the job for two years.White announced his resignation via an email to friends and colleagues, saying he was leaving "to pursue some personal...
The Insurance Company of the West Indies Limited (ICWI) has teamed up with telecoms company LIME to introduce a new mobile phone app called 'Accident Alert' for faster submission of claims.Built by Generousitas (Jamaica) Limited, the new feature...
United States federal prosecutors have re-examined the number of charges filed against R. Allen Stanford, but his lawyers said that nothing of relevance had been dropped from the indictment.
QUESTION: We are in the process of transferring our father's property into our names. There are four siblings. I would like to know the process and cost to transfer the property to a living trust.
President of the Private Sector Organisation of Jamaica (PSOJ), Joseph M. Matalon, says the Government should establish a public education programme to make Jamaicans aware of the importance of paying taxes.
The negotiations have been ongoing for more than a decade, but credit union bosses want even more dialogue, saying five of the new rules being imposed on them by the central bank are not in the sector's best interests and are likely to contract rather than grow business.
Former head of the defunct Horizon Merchant Bank, Elon Beckford, who was recalled to testify Wednesday, admitted that his bank's high lending rates contributed to the demise of businesses in the 1990s, including developers whose loans....
In the 1960s, Charles de Gaulle's finance minister, Valéry Giscard d'Estaing, spoke of the fact that the US dollar had become the world's currency as providing the United States with an "exorbitant privilege".The French President had made this a central...
Domestic food crop production for the January to March quarter was the highest in 11 years, with some 147,378 tonnes produced, 24.4 per cent more than the corresponding quarter for 2010.This increased production propelled the agricultural sector to grow...
The Caribbean remains the most vulnerable part of the hemisphere because of "still very high public debt levels, which are holding back growth" requiring fiscal consolidation, said the International Monetary Fund (IMF), referring to policies to reduce...
The Trinidad and Tobago economy is expected to grow by one to two per cent this year, central bank governor Ewart Williams has said.Presenting the April 2011 Monetary Policy Report, Williams said that although the pace of economic activity so far has...
Oil tumbled nearly seven per cent Thursday amid new signs that demand for fuel in the United States is weakening.A stronger dollar also contributed to the drop, analysts said.Oil is down more than 10 per cent this week, joining other commodities like...
The Office of Utilities Regulation's (OUR) senior legal counsel Chenee Riley (second right) hands a document to internal auditor Hubert Lester, while electricity project manager Peter Johnson...
