Sat | Jun 27, 2026

Business

Published:Wednesday | April 27, 2011 | 12:00 AM

The Bangladeshi bank that pioneered small loans to lift people out of poverty, earning the Nobel Peace Prize for its founder, flouted rules in its business activities, a government investigator said Tuesday.Grameen Bank violated its structure as a...

Published:Wednesday | April 27, 2011 | 12:00 AM

JPMorgan Chase & Company will return assets worth $800 million to lawyers representing the brokerage arm of failed investment bank Lehman Brothers Holdings Inc...

Published:Wednesday | April 27, 2011 | 12:00 AM

Soaring jet fuel prices are wiping out profits at the nation's biggest airlines.United Continental Holdings Inc lost US$213 million in the first quarter after its fuel bill jumped by US$560 million, the world's biggest airline company said on Thursday.

Published:Wednesday | April 27, 2011 | 12:00 AM

For the week ended April 22, some 33,018,578 shares, valued at $2,553,588, crossed the floors of the six stock exchanges across Caricom, with 27 stocks advancing, 14 declining and 80 remaining unchanged.Cable and Wireless Jamaica was the volume leader...

Published:Wednesday | April 27, 2011 | 12:00 AM

Ford Motor Company posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasolene prices.New arrivals such as the Ford Explorer and Fiesta small car are selling well...

Published:Wednesday | April 27, 2011 | 12:00 AM

Caribbean Cement Company Limited (CCCL) is about to expand its supply markets into South America, virgin territory for the Jamaican company, which has been building out its export operations to make up for business lost...

Published:Wednesday | April 27, 2011 | 12:00 AM

Scotiabank Jamaica will be announcing a new round of cuts to its base lending rate as well as at least one mortgage product, to take effect in May. The base rate, which is already the lowest in the commercial banking sector, will be cut by one-point from...

Published:Wednesday | April 27, 2011 | 12:00 AM

THE RULING Free National Movement (FNM) has accused the main opposition Progressive Liberal Party (PLP) of encouraging unrest in The Bahamas as the fallout continues from the privatisation of the Bahamas Telecommunications Company (BTC)....

Published:Wednesday | April 27, 2011 | 12:00 AM

Scotiabank Jamaica has created another J$500 million loan pool for start-ups and small and medium enterprises (SMEs) at a concessionary rate of 8.95 per cent.To qualify, individual companies must demonstrate an estimated net revenue of at least J$49...

Published:Tuesday | April 26, 2011 | 12:00 AM

TOURISM MINISTER Edmund Bartlett has revealed that Jamaica welcomed over 20,000 visitors to its shores last Wednesday. Speaking during the closing session of the fourth annual Tourism Outlook Seminar at the Half Moon Conference Centre in Montego Bay...

Published:Tuesday | April 26, 2011 | 12:00 AM

Several consumers chose to forego the traditional bun and cheese this Easter, stating that prices were out of their reach. In downtown Kingston, noticeably absent this year were the traditional bun and cheese...

Published:Monday | April 25, 2011 | 12:00 AM

Hope Channel, the Seventh-day Adventist Church's global television network, through an initiative dubbed 'Project Hope West Indies', has been recording programmes in Jamaica for broadcast.

Published:Monday | April 25, 2011 | 12:00 AM

UC RUSAL, the Russian firm that controls a big chunk of Jamaica's bauxite production, is insisting that the planned July 1 reopening of the Windalco Kirkvine bauxite plant in Williamsfield, Manchester, remains on schedule.

Published:Monday | April 25, 2011 | 12:00 AM

Michael Stern, the state minister in the Ministry of Industry, Investment and Commerce is claiming that close to 6,000 jobs have been created over the past three months in the small-business sector. Stern made the claim during the launch of the 'I am the Change' entrepreneurship programme at the offices of Jamaica Trade and Invest (JAMPRO) last week.

Published:Monday | April 25, 2011 | 12:00 AM

A 2001 study financed by the International Labour Organisation/International Programme on the Elimination of Child Labour (ILO-IPEC) found that children as young as 10 years old were actively engaged in prostitution, catering to tourists, strip clubs and massage parlours.

Published:Sunday | April 24, 2011 | 12:00 AM

An-out-of-court settlement has been reached in the suit brought by Joey Issa's Cool Petroleum against the Jamaican Government to recover Customs user fees amounting to more than J$1.4 billion.

Published:Sunday | April 24, 2011 | 12:00 AM

Communications and Other Workers of Jamaica Co-operative Credit Union Limited (C&WJCCU) has cut interest rates on different loan types to encourage existing borrowers to refinance their debt.

Published:Sunday | April 24, 2011 | 12:00 AM

Residents of Bog Walk, St Catherine, converge at the local train station for a closer view of the reconditioned five-coach train on its test run from May Pen, Clarendon, to Linstead, St Catherine, on Saturday, April 18.

Published:Sunday | April 24, 2011 | 12:00 AM

Karl Samuda, minister of industry, investment and commerce, is seeking to calm fears that the acquisition of Claro Jamaica by Digicel Group would entrench the latter's already dominant position and deter future investors from entering the telecommunications market.

Published:Sunday | April 24, 2011 | 12:00 AM

My father is a builder and is planning on building a house in Jamaica to retire to. He currently has savings held in a United Kingdom bank, but for ease of access, such as purchasing raw materials, he would like to have an account held in Jamaica, but is worried about the financial implications if any of the banks collapse.

Published:Sunday | April 24, 2011 | 12:00 AM

The Port Authority of Jamaica (PAJ) says it has renewed contracts with two information technology firms and has purchased new ship and container tracking software in anticipation of increased cargo throughput related to ongoing expansion of the Panama Canal.

Published:Sunday | April 24, 2011 | 12:00 AM

A number of resort property owners, particularly in the small and medium category, have quietly been listing their hotels for sale, but many are going on the market at unrealistic prices that serve only to drive up unsold inventory, realtors tell Sunday Business.

Published:Sunday | April 24, 2011 | 12:00 AM

The Jamaica Public Service Company (JPS) has projected a 30 per cent reduction in the number of illegal users on its network by December this year as the monopoly power provider steps up its fight against electricity theft.More than 100,000 users - mainly residential - across the island were said to be illegally connected...

Published:Sunday | April 24, 2011 | 12:00 AM

Our government has forced us to waste perhaps a couple hundred million dollars on two entirely politically motivated commissions of enquiry that can tell us nothing we didn't already know.

Published:Saturday | April 23, 2011 | 12:00 AM

CEO of Jamaica Producers (JP) Group Jeffrey Hall (left) chats with Agriculture Minister Dr Christopher Tufton and Florence Reid, operations and new product development manager at JP, before the opening of the Jamaica Producers Homestyle Bammy Factory in...

Pages

Subscribe to Business