For the week February 21-25, more than 12.5 million shares traded on the six stock exchanges across CARICOM, with 21 stocks advancing, 18 declining and 82 unchanged.Gleaner was the volume leader with 2.49 million shares traded...
The Tourism Enhancement Fund on Monday introduced a new J$100 million revolving loan fund and signed Jamaica National Small Business Loans Limited (JNSBL) to administer the programme.The Five by Five Development Loan Fund is targeted at small suppliers...
GSB Credit Union has launched a new loan priced at 11.95 per cent interest on a residential mortgage of 35 years, and is trumpeting the facility as the lowest rate on the market offered by a private financing agency.Other mortgages are offered at 12-13...
EBITDA, a key metric by which Digicel Group and bondholders track its operational performance, increased 32 per cent in the third quarter to a record high, the mobile company said.Earnings before interest, taxes, depreciation and amortisation...
The conviction on Tuesday, February 22, of Jamaica's reggae superstar Mark 'Buju Banton' Myrie in a Florida court on cocaine-related charges has left his fans stunned, dismayed, and worried about his fate....
Wisynco is adding a new Wendy's hamburger store and Domino's Pizza outlet in Kingston, and is renovating a building at Half-Way Tree to house the two fast-food eateries.Steve Lim, managing director of Wisynco Foods Limited, a subsidiary of Wisynco Group...
The Muammer Gaddafi regime in Libya is said to have invested at least US$500 millions with accused disgraced financier Allen Stanford.The American television network CNBC in a report cited court documents which show that on January 25, 2009 Stanford...
Dr Ralph Gonsalves says he believes CARICOM countries will adopt a united position when they vote at the United Nations later this week on two resolutions relating to the unrest in Libya."We anticipate that two resolutions will come on Libya ...
The Barbados government says it has been advised by the US Department of Homeland Security and other United States agencies that they have implemented a number of measures "to enhance existing security procedures for screening inbound airmail and cargo...
CARICOM leaders have endorsed the candidature of Dr Jose Graziano Silva of Brazil for the post of director general of the United Nations Food and Agriculture Organisation (FAO).Six candidates have been put forward by member nations of the FAO to succeed...
Commissioner of Customs Danville Walker has encouraged stakeholders in the shipping industry to express their concerns and share their opinions on ways to make Customs better as the department moves towards executive agency status. Speaking with industry...
The pool of internal candidates to eventually replace Warren Buffett as Berkshire Hathaway's chief executive has expanded to four, the company said in a regulatory filing Monday. The revered 80-year-old investor has said for several years ...
Oil prices retreated Monday after their recent surge, as government and industry officials reported that Libya is still exporting at least some crude although strongman Moammar Gaddafi has lost control of the country's oil fields.On Monday oil dropped...
Venezuela's economy contracted 1.4 per cent in 2010, its second consecutive yearly drop, but the country showed signs of recovery during the final three months, the Central Bank said Tuesday. The drop in gross domestic product, coupled with 27 per cent...
Music promoter Leo Cripps has endured many a numbing winter in more than 20 years of living in Calgary, Canada. He says he reflects regularly on his youth in Portland, and recently decided to give back to an institution...
Debt at any level steals a great deal from us, including our peace of mind. One cannot be truly free until he or she is debt free. Forgiveness of debts means to loosen and set one free. In order to have stability and growth for all in our economy...
Manchester firefighters were left impotent Saturday night as a blaze of unknown origin engulfed a section of the Christiana Market while vendors were preparing to leave for their homes.The fire, which began about 8:30 p.m....
Minister of Industry, Investment and Commerce, Karl Samuda, examines the merchandise on display at House of Bags, a new store launched on Tuesday, February 22, 2011, accompanied by Chief Executive Officer Juliet Moss-Solomon.
The regional administration of the University of the West Indies (UWI), the Vice Chancellery, is being relocated from off the main Mona campus in Kingston to premises now under construction nearby.
The take-up of space designated for information-technology businesses is being hampered by the Government's inability to deliver facilities as fast as they are required by...
National Commercial Bank Jamaica (NCB) shareholders, at the company's annual general meeting on Thursday declared their satisfaction with Group Managing Director Patrick Hylton's stewardship and the bank's performance last...
