DESPITE LEGAL advice that a banana-export agreement he signed with the Caymanian government may be void - having not received the approval of the British government - Donovan Stanberry, permanent secretary in Jamaica's Ministry of Agriculture, is optimistic the situation will be resolved.
DONOVAN STANBERRY, permanent secretary in the Ministry of Agriculture and Fisheries, is treating as "no big thing" the fact that an agreement that would enable Jamaican farmers to export bananas to The Cayman Islands has hit a legal roadblock, stalling...
The World Bank says Latin America and the Caribbean region "decisively outperformed" many others during the recent recession with a decline in growth smaller than that of the middle-income country average and with a rebound that was "swifter ...
Citing the need for a concentrated focus on the information and communication technology (ICT) sector, Government has proposed the creation of a converged regulator to monitor the industry.
St Catherine farmer Llewellyn Bailey claims that unfair treatment by his creditors and his inability to continue paying his lawyer after high interest rates drove him broke, led to his debts growing from...
The Bank of Nova Scotia Jamaica has announced that one of its senior executives has been transferred to the Barbados office, while another has retired.Maya Johnston, former senior vice-president with responsibility ...
With the recent news of the disastrous state of the CCMB loan portfolio, I believe it might be instructive for a discussion on the matter of risk management...
National Commercial Bank (NCB) has committed $12 million to help increase the buying of locally manufactured products and services as the 'Buy Jamaican, Build Jamaica' campaign enters the third phase this year.
Jamaicans have been found to be among the most pessimistic about their personal and financial situation, as well as business and economic conditions, according to a consumer sentiment survey conducted by the University of the West Indies....
The Jamaica Mortgage Bank (JMB) has officially reintroduced a secondary mortgage market for the first time since the 1970s, and is inviting financial institutions to come on board in an effort to increase by 4,000 the number of mortgage take up per...
Caribbean Cement Company Limited (CCC), in a move to expand to markets in the region, has shipped its first batch of 2,500 tons of cement to the Dominican Republic and later signed an agreement to set up warehouse space and a distribution and packaging...
Former chairman of the Eagle Group of Companies, Dr Paul Chen-Young, said the management of banks and other financial institutions taken over by the government during the financial crisis of the 1990s must bear some of the responsibility.
Tourism ministers from the Organisation of Eastern Caribbean States (OECS) will converge on St Kitts next Tuesday for the 10th meeting of the OECS Council of Tourism Ministers.The meeting will be convened under the theme 'OECS Economic Union: Strategic...
Federal authorities are investigating whether some major banks conspired to improperly manipulate an important interest rate before and during the financial crisis, according to a published report.The Wall Street Journal, citing unnamed people familiar...
Air Canada is drawing up a business plan to create a low-cost carrier (LCC) to fly to vacation spots in the Caribbean, according to Business Review Canada...
Argentina's government gave itself more influence in the boardrooms of the country's major corporations Wednesday, eliminating a limit on shareholder voting rights for stock owned by the national pensions agency.Under an emergency decree published in...
More people applied for unemployment benefits last week, the first increase in three weeks.Still, the broader trend points to a slowly healing jobs market.
Scuffles between protesters and security guards marred BP's first annual shareholder meeting since the Gulf oil spill, with shrimpers blocked from entering Thursday's meeting to demand more compensation.The protesters included five Gulf Coast residents...
The US Federal Aviation Administration has assigned Barbados a category two safety rating, which means that the island does not comply with international safety standards set by the International Civil Aviation Organisation.
The Inter-American Development Bank (IDB) says it is seeking proposals to carry out impact-assessment methodologies in institutional-strengthening programmes for government agencies in Latin America and the Caribbean.
Greek borrowing costs spiked sharply higher Thursday as investors fretted over whether the crisis-hit country will have to restructure its massive debt at a time when unemployment is running at over 15 per cent.
Former chairman of the Eagle Group of Companies, Dr Paul Chen-Young, is scheduled to testify before the FINSAC commission of enquiry via videoconferencing from abroad today.Chen-Young, whose Eagle Group was taken over by ...
President Barack Obama coupled a call for $4 trillion in long-term deficit reductions with a blistering attack on Republican plans for taxes, Medicare and Medicaid yesterday, laying down markers for a roiling debate in Congress and the 2012 presidential...
Financial stocks fell Wednesday after the chief executive of JPMorgan Chase said the bank's losses from mortgages will continue for a while.JPMorgan Chase & Co, the first big bank to release first-quarter earnings, reported net income that beat...
For the week ended April 8, 2011, 25,783,970 shares, valued at $23,833,854 crossed the floors of the six stock exchanges across Caricom, with 32 stocks advancing, 17 declining and 72 remaining unchanged.
