Business

William Rodgers has been appointed to act as general manager for Air Jamaica, replacing Howard Hall who quit on Monday, after just seven months in the post.Hall, formerly Air Jamaica's vice-president for finance and technology, was named general manager...

With their incomes pinched by a bad economy and faced with rising costs for such transactions, Jamaicans made fewer trips to automated banking machines (ABMs) last year, as well...

John Tercek, vice-president of commercial development at Royal Caribbean Cruise Lines Limited (RCCL), is urging Jamaicans to be more active in the development of the Falmouth cruise-ship pier.Tercek issued the challenge while reflecting on the delays...

HAMILTON, Bermuda (CMC):Premier and Finance Minister Paula Cox, facing a mushrooming national debt, has announced that she will deliver this year's national budget a week later than planned.Cox said the budget will be now delivered on February 18...

NEW YORK: Oil prices smashed through $100 a barrel Monday for the first time since the 2008 economic crisis, as traders worried that unrest in Egypt could disrupt oil flows through the Suez Canal.

Houston-based AEI, the parent firm of the electricity company, Jamaica Private Power (JPP), says it is selling $4.8 billion worth of assets in South America, including a 52.13 per cent stake in...

For the week January 24 to 28, some 21.278 million shares traded on the six stock exchanges across the Caribbean Community (Caricom), with 48 stocks advancing, 35 declining and and 39 unchanged.Cable and Wireless Jamaica was the volume leader ...

Jamaica's investment bankers believe that conditions are ripe for the revival of the private bond market, but say that the pace of resuscitation would likely be hampered by regulatory rules and the high taxes charged by the Government...

PORT OF SPAIN, Trinidad (CMC):The Trinidad and Tobago government says it will provide tax incentives to local businesses that will hire former prisoners as it moves to deal with the escalating crime situation in the country.Prime Minister Kamla Persad...

At first glance, Andre O'Connor's start-up, Interak Premium Content Providers, is just like any other outsourcing company.Look again!O'Connor is not searching for business of America's Fortune 500 types or, for that matter...

Maritime industry stakeholders were last week educated on the damaging effects of ballast water on sensitive marine environments.The workshop was hosted by the Department of Life Science, Centre for Marine Sciences, the University of the West Indies...

ST GEORGE'S, Grenada (CMC):Church leaders in Grenada have restated their objection to casino gambling after Swedish developers Zublin confirmed resubmitting a controversial tourism development project, rejected by the government last year...