Business

The Caribbean is expected to benefit from a US$13 million regional infrastructure integration fund supporting cross-border projects designed to reduce transport and logistics costs to expand trade.The Inter American Development Bank (IDB) will manage...

MONIQUE-HAMATY-SIMMONDS, chief executive officer and president of Tortuga Rum Cake Company/Tortuga Imports, Inc, was honoured by the Florida International University (FIU) Alumni Association recently.Hamaty-Simmond received the the Charles...

A CROSS section of business persons and academia, including former Prime Minister, Edward Seaga, on Saturday discussed Jamaica's coming out of the current economic crisis.Keynote presenter at the Spanish Court/Mona School of Business 'Kingston 360...

SCJ Holdings Limited's failure to stick to a repayment schedule agreed with Jamaica Cane Product Sales (JCPS) has forced the latter entity to secure a J$500-million loan facility from National Commercial Bank to ensure that...

Marlene Street-Forrest, general manager of the Jamaica Stock Exchange (JSE), said the trading of futures and options, two riskier classes of securities, on the JSE should begin by the end of this year.Street-Forrest was...

Question: My vehicle is insured in a group scheme through a broker. I paid a part of the premium on November 30, 2010, for the coverage, which started the next day.

Online shopping firm MailPac Services has opened outlets at five new locations, bringing the company's total to eight, with plans to add four more by the end of May in a nationwide expansion drive.The company would not be drawn on its capital...

UC Rusal, the owners of the Windalco alumina refineries here, is insisting on financial concessions for reopening its Kirkvine facility that are, in most cases, more than twice as good as those it received for restarting its Ewarton works...

An absence of witnesses scheduled to testify and at times the conflicting schedules of lawyers are negatively impacting the proceedings of the FINSAC enquiry. Although the three Commis-sioners and support staff...

Dave Myrie has resigned his job as chief operating officer of Hardware and Lumber Limited, Grace-Kennedy's retail subsidiary.His resignation takes effect on March 31, and H&L is on the hunt for a replacement."..

No matter how closely monitored, regulations by themselves do not prevent the collapse of financial institutions, according to Rohan Barnett, who says alert investors potentially have more sway."Regulation is not a silver bullet," said Barnett, the...

Jamaica's exposure to high oil prices is felt directly at the household and firm levels through increasing electricity bills, with no means of fighting back other than...