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Business

Published:Saturday | January 29, 2011 | 12:00 AM

The Senate yesterday approved amendments to the Deposit Insurance Act. Legislators in the Upper House gave the nod to the bill with five amendments.

Published:Saturday | January 29, 2011 | 12:00 AM

FOR THE past three years a group has been working to reclaim the mined-out bauxite lands in the hills of Mocho, Clarendon. This small group of farmers in the community are helping Mocho to regain the days when the community flourished with citrus and coffee farming.

Published:Saturday | January 29, 2011 | 12:00 AM

ANTHONY HENRY smiled brightly then shouted "Lawd, mi really like di new place! It really look good!" as he sells fish at the newly renovated Old Harbour Bay Fishing Village. The facility was handed over by the St Catherine Parish Council last Thursday during a brief ceremony on the beach.

Published:Saturday | January 29, 2011 | 12:00 AM

IF THINGS go according to plan, Enos Anderson's plan, the "roaring hills of Mocho", will be alive with greenhouse farming by mid-year. Anderson, who is president of the Mocho Greenhouse Management Committee, is set on putting Mocho on the map for all the right reasons with a view to clearing up long-held misconceptions about Mocho, Clarendon.

Published:Friday | January 28, 2011 | 12:00 AM

If there is one thing Harold Brady cannot be accused of is lack of chutzpah.

Published:Friday | January 28, 2011 | 12:00 AM

Wigton Windfarms Limited is laying the groundwork for nationwide expansion, having got hold of a US$750,000-grant from the Inter-American Development Bank to procure consultancy services.

Published:Friday | January 28, 2011 | 12:00 AM

United States President Barack Obama gave a wonderful State of the Union address a few nights ago.

Published:Friday | January 28, 2011 | 12:00 AM

Billionaire financier George Soros warned Wednesday that Europe could potentially fall apart because of the "two-speed Europe" of haves and have-nots that is being perpetuated by the reform of the embattled euro.

Published:Friday | January 28, 2011 | 12:00 AM

The World Trade Organi-zation has resumed work, after a 13-year lag, on creating a single global geographical indication register for wines and spirits, which Jamaican producers say is long overdue.

Published:Friday | January 28, 2011 | 12:00 AM

The Government of Jamaica will be going to the international capital market to finance repayment of a US$400 million eurobond, which matures in May.But Pamela McLaren, senior director at the Debt Management Unit, Ministry of Finance and the Public...

Published:Friday | January 28, 2011 | 12:00 AM

Using the analogy of an orchestra creating music, Gene Leon, International Monetary Fund resident representative to Jamaica, is arguing that the country's path to growth lies in reducing levels of uncertainty and building confidence in the private sector.

Published:Friday | January 28, 2011 | 12:00 AM

Janitorial and maintenance management company Manpower and Maintenance Services Limited has put in place a "modest" marketing budget of J$10 million to promote its training and placement services, for which there has been increasing demand...

Published:Friday | January 28, 2011 | 12:00 AM

Carl Ross, managing director of Oppenheimer and Company, believes that the growth prospects for Jamaica and the Caribbean region lies in forging linkages with growing markets, coupled with new financial inflows....

Published:Friday | January 28, 2011 | 12:00 AM

Like they did in 2010, emerging and developing economies, particularly in Asia, are this year expected to be the main drivers of global recovery. In its latest forecast, the International Monetary Fund (IMF) is projecting that while advanced economies ...

Published:Friday | January 28, 2011 | 12:00 AM

Former Jamaica Prime Minister P.J. Patterson has challenged the Caribbean business community to get involved in the rebuilding of Haiti. He believes that country, which was shattered by an earthquake one year ago, may hold the key to regional renewal....

Published:Friday | January 28, 2011 | 12:00 AM

Beverley McDonald, chief executive officer of the Passport, Immigration and Citizenship Agency (PICA), says the Ministry of Finance has given permission to hire another 40 immigration officers.

Published:Friday | January 28, 2011 | 12:00 AM

Manufacture output has fallen off by 66 per cent in the past five years, according to Karl Samuda, who on Wednesday asserted that the sector was in deep trouble and becoming less productive, even though employment has increased over the period....

Published:Friday | January 28, 2011 | 12:00 AM

Established in 1879 as Benjamin's Jamaica Healing Oil Factory, P.A. Benjamin is one of the oldest manufacturing companies in Jamaica. Always located in downtown Kingston, Benjamins had its beginnings...

Published:Friday | January 28, 2011 | 12:00 AM

A United States federal judge has ordered disgraced financier Allen Stanford to remain in federal custody while undergoing treatment for drug addiction and further evaluation of his competence to stand trial.On Wednesday, US District Judge David Hittner...

Published:Friday | January 28, 2011 | 12:00 AM

After several years of financial difficulty and wrangling over its management, the St Lucia Banana Corporation (SLBC) has adopted a resolution for the voluntary liquidation of its assets valued in excess of EC$10 million (US$3.7 million)...

Published:Friday | January 28, 2011 | 12:00 AM

Venezuelan President Hugo Chávez threatened to expropriate a Spanish-owned bank on Wednesday, arguing that its managers have refused to grant loans to cash-strapped Venezuelans seeking to purchase homes amid a nationwide housing deficit....

Published:Friday | January 28, 2011 | 12:00 AM

Brazil says unemployment hit a record low last year at 6.7 per cent.The government's statistics bureau says it is the lowest rate since officials began using the current methodology in 2002.It dipped from 8.1...

Published:Friday | January 28, 2011 | 12:00 AM

French President Nicolas Sarkozy vowed Thursday that he and European partners will "never turn our backs on the euro," giving an extra boost to the rebounding currency by calling it a linchpin of peace and prosperity - despite the debt crises worrying...

Published:Friday | January 28, 2011 | 12:00 AM

The Jamaica Stock Exchange Investment and Capital Markets Conference 2011 was staged over three days, January 25-27, at The Jamaica Pegasus hotel in New Kingston.

Published:Thursday | January 27, 2011 | 12:00 AM

AGRICULTURE MINISTER Christopher Tufton says the recent experiment of a farmers' market suggests the initiative could assist in dealing with glut management."Even where people were disappointed, they expressed the need for more of these events...

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