Business

Regional airline, LIAT, says it will go ahead with plans to close offices across the Caribbean in a move that is likely to affect nearly 100 employees.President of the Caribbean Congress of Labour (CCL), Chester Humphrey, who is also head of the Council...

BAA Limited, the owner of Heathrow, must sell another London airport and one in Scotland to promote greater competition, Britain's anti-monopoly agency said Wednesday.In a preliminary ruling upholding a decision two years ago, the Competition Commission...

Guyana says despite the heavy rains, it will be able to satisfy the needs of all its rice markets. A statement from the Ministry of Agriculture in Georgetown, reporting on a meeting between a Guyanese delegation...

Senior Caribbean and European officials will meet in Barbados in June for the first meeting of the CARIFORUM-European Union Trade and Development Committee.The meeting is a requirement of the Economic Partnership Agreement."Its importance is not lost on...

The airlines' latest effort to broadly raise US fares by US$10 per round trip has crumbled as discount carriers like Southwest decided not to raise their prices.After several successful price increases from December through February, two efforts to...

The book value per share is the value per share reflected on a company's balance sheet....

The Jamaica Stock Exchange (JSE) will introduce a new index that incorporates the junior market and main market ordinary stocks, starting April 1.The JSE Combined Index will provide a snapshot of the performance of "both markets at a glance without...

Pastrymakers Honey Bun plans to raise about J$50-60 million from its pending initial public offering, some of which will fund ongoing automation of its production line and the roll-out of new products. Chief Executive Officer Michelle Chong....

Former Prime Minister Edward Seaga says Jamaica should seek an extension of its borrowing agreement with the International Monetary Fund (IMF) to stop the country from reverting to recessionary conditions when the current standby arrangement ends...

Recently I was part of a group in which a friend was sharing about the contrasting experience between her current and previous jobs.Her current job pays much more, thus enabling her to own a car...

Jamaica's Finance Minister, Audley Shaw, says the Caribbean remains committed to being a vibrant partner in the Inter-American Development Bank (IDB), notwithstanding its weakened economic position.The region continues to trail its Latin American...

Supreme Ventures's (SVL) cash cow remains a target for illegal traders seeking to tap into what is now a J$17 billion market, but the gaming company said Tuesday that it has no sure way to quantify just...