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Business

Published:Wednesday | April 13, 2011 | 12:00 AM

Minister of Agriculture and Fisheries Dr Christopher Tufton has mandated the Sugar Industry Authority (SIA) to have the new payment regime in place for the sector by the start of the 2011-2012 crop....

Published:Wednesday | April 13, 2011 | 12:00 AM

Young Entrepreneurs Association of Jamaica (YEA) has launched a programme to improve sales turnover for for its 60 member companies in a 14-month period, starting this month.The effort, dubbed 'Think Noise', will also seek to identify and add foreign...

Published:Wednesday | April 13, 2011 | 12:00 AM

Nokia Corp on Tuesday launched its first smartphones to run on the updated Symbian software with new icons, enhancements and a faster browser.Nokia said the two models - the E6 and X7 - have longer battery life, better text input and new Ovi Maps...

Published:Wednesday | April 13, 2011 | 12:00 AM

Companies that trade derivatives solely to guard against volatile price swings won't have to meet new federal collateral requirements.The Commodity Futures Trading Commission advanced the exemption Tuesday as part of new regulations for derivatives...

Published:Wednesday | April 13, 2011 | 12:00 AM

The historic US$38 billion in budget cuts resulting from at-times hostile bargaining between congress and the Obama White House were accomplished in large part by pruning money left over from previous years, using accounting sleight of hand and going...

Published:Wednesday | April 13, 2011 | 12:00 AM

General Motors Co will invest $100 million and add 30 jobs at the company's auto-parts plant in New York, United States.General Motors said Tuesday that the investment will update four product lines produced at its Components Holdings, Rochester,...

Published:Wednesday | April 13, 2011 | 12:00 AM

The St Lucia government has announced a slight increase in the price of fuel here, promoting an appeal from the island's petroleum dealers for the Stephenson King administration to introduce measures to bring...

Published:Wednesday | April 13, 2011 | 12:00 AM

Antigua is hosting the first Commonwealth public-private partnership (PPP) regional symposium that will allow Caribbean delegates to share experiences on infrastructure development in the region.

Published:Wednesday | April 13, 2011 | 12:00 AM

Belize Foreign Minister Wilfred Elrington first gave the regional public the hint that something was amiss within the Caribbean Forum (CARIFORUM) of the African Caribbean and Pacific (ACP) grouping.He told reporters that the Spanish-speaking member...

Published:Wednesday | April 13, 2011 | 12:00 AM

In the strictest sense, arbitrage refers to the simultaneous purchase and sale of an asset in order to profit from a difference in the price...

Published:Wednesday | April 13, 2011 | 12:00 AM

A significant rebound in tourist arrivals, mainly from the United States and the United Kingdom, has led to a 2.8 per cent growth in the Barbados economy during the first three months of this year, according to figures released by the Barbados Central...

Published:Wednesday | April 13, 2011 | 12:00 AM

Anguilla's British appointed Governor Alistair Harrison has told Home Affairs Minister Walcott Richardson that he should immediately stop issuing visa waivers to persons after indicating that known criminals had benefited from the initiative....

Published:Wednesday | April 13, 2011 | 12:00 AM

Scotia DBG Investments Limited has dropped the abbreviation DBG and is now formally referred to as Scotia Investments Jamaica Limited."As part of an international financial services group, we felt it important to align the brand of the company with that...

Published:Wednesday | April 13, 2011 | 12:00 AM

The Fair Trading Commission (FTC) says it has not been able to establish a breach against mobile telephone operator Digicel Jamaica regarding the promotion of its WiMAX residential offering as a 4G technology. ...

Published:Wednesday | April 13, 2011 | 12:00 AM

WASHINGTON, DC: The International Monetary Fund (IMF) affirmed this week that Jamaica will emerge from recession this year with growth projected at 1.6 per cent, and that the real economy would continue to expand to hit ...

Published:Wednesday | April 13, 2011 | 12:00 AM

Don Crawford, former head of the failed Century National Bank, says it is important that he gets an opportunity to tell his side of what transpired during during the financial sector meltdown of the 1990s, but is requesting...

Published:Wednesday | April 13, 2011 | 12:00 AM

Caribbean Information and Credit Rating Services (CariCRIS) has reaffirmed the creditworthiness of Pan Caribbean Financial Services Limited (PCFS) and its parent company, Sagicor Life Jamaica (SLJ). In a release on...

Published:Wednesday | April 13, 2011 | 12:00 AM

Angostura Holdings Limited, one of the largest manufacturers of rum in the Caribbean, has reported net profit of TT$366.8 million for the financial year ended December 31, 2010, bouncing back from a loss position in the previous year.Last year, the rum...

Published:Wednesday | April 13, 2011 | 12:00 AM

Supreme Ventures Limited (SVL) has been granted an extension of its lottery and gaming licence until 2026, an additional 10 years, under new terms which will see the company investing some US$5 million (J$450 million) in upgrading and expansion of its...

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

Airfares from as low as US$9.99The Caribbean's newest airline, REDjet, which has branded itself as the region's first low-cost carrier, has announced plans to begin selling tickets from tomorrow.In a statement, the airline said that "our first flights...

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

One of Renault's top executives will lose his job amid a wide-scale corporate shakeout following a deeply embarrassing scandal that saw France's partially state-owned carmaker falsely accuse three of its executives of espionage.In a statement Monday,...

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

Toyota Motor Corp. is telling US dealers that new vehicles could be in short supply this summer.In a memo to dealers obtained Monday by The Associated Press

Published:Monday | April 11, 2011 | 12:00 AM

THE SPORTING sector in any nation is one of the most lucrative businesses and has the potential for even greater success. It unites cultures, brings enemies face to face, and pulls together every other sector, including media, manufacturing, telecommunications...

Published:Monday | April 11, 2011 | 12:00 AM

Treasure Beach, St Elizabeth: The Treasure Beach community in St Elizabeth has come together to host a cultural festival following the decision of organisers to call it curtains on the Calabash...

Published:Monday | April 11, 2011 | 12:00 AM

Farmers in Mocho, Clarendon, now have full responsibility for 28 acres of mined-out land which they can put to productive use. Jamalco's Managing Director Jerome Maxwell and Chairman of the Mocho Community Council's Project Management Committee Enos...

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