Business

Question: It is now near the time when I spend a day and more money than I earn on the chore of renewing my car insurance. The process begins with the call to my broker to find out which valuator to use. Next is a 40-kilometre drive.

Scotiabank St Ann's Bay staged a one-day loan sale last weekend that cut the interest rate on car loans by one to two percentage points, an initiative by the branch to gin up business for the bank.For one day, customers of...

Scotiabank Jamaica is conducting a full overhaul of its 100-ATM network at a cost of C$3 million (J$264 million) over a six-month span, with the promise that the replacement machines should deliver a processing speed for...

Few people in the English-speaking Caribbean will know the name of Felipe Vicini, executive president of Grupo Vicini, the Dominican Republic conglomerate engaged in everything from energy to agriculture.Yet his recent joint-venture announcement...

QUESTION: For a will to be valid in Jamaica, does it have to be registered?- Barrington PFA: In Jamaica, we speak of recording rather than registering a will, which should state clearly who the beneficiaries are and what is...

For the first time in a while, none of the regional leaders at the end-of-summit news conference uttered the words, 'we have had a very good meeting'.These words have become synonymous with CARICOM leaders as they sought to deepen the regional...

Stephen Shelton, the lawyer for Price-waterhouseCoopers and Richard Downer, on Wednesday charged that Thermo Plastics was a company in deep financial trouble long before the takeover by its banker National Commercial Bank...

Douglas Chambers, former receiver of Thermo Plastics, was offered US$500,000 by Price-waterhouseCoopers (PwC) to settle three lawsuits that he brought against the auditing company and a senior partner alleging fraud...

The Fair Trading Commission (FTC) says it will make a determination within weeks into complaints against Digicel Jamaica by rival LIME, which alleged that the Irish company's WiMax residential service was being...

The concept of a limited liability company is essential to development in a private sector free-enterprise economy.The concerns by borrowers coming out of the Finsac enquiry dramatises what happens when the concept of a limited liability company ...

Tourism-dependent countries in the Caribbean, which cover most of the region, must be watching the volatility in oil markets with some anxiety.Already, the run-up in oil prices sparked by the political upheaval ...

THE TOURISM Enhancement Fund and the Jamaica National Small Business Loans (JNSBL) on Monday launched the expanded loan scheme to small and medium-size operators in the tourism industry, who will now be able to access loans up to $5 million for five...