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Business

Published:Wednesday | January 12, 2011 | 12:00 AM

Local private equity firm Norbrook Capital Management (NCM) has acquired Airpak Express Limited, its third asset purchase in less than two years, and a move which the company says is the final step in building out...

Published:Wednesday | January 12, 2011 | 12:00 AM

Swedish developer Zublin is making another try at approval for a multimillion-dollar tourism development project rejected by the Grenada government last year.The developer said the project, which includes a new cruise ship jetty, a four-star city hotel...

Published:Wednesday | January 12, 2011 | 12:00 AM

A member of the United States Federal Reserve's policymaking committee suggested Tuesday that the Fed may need to scale back its US$600 billion Treasury bond-buying programme if the economy grows more quickly than expected.But Charles Plosser...

Published:Wednesday | January 12, 2011 | 12:00 AM

The St Lucia National Trust on Monday queried the legality of a decision by the Stephenson King government to lease, with the possibility of selling, a potion of land near...

Published:Wednesday | January 12, 2011 | 12:00 AM

The Jamaica Customs Department is heading for a new rite of passage.Come April, it is scheduled to start a one-year transition from a department of the Ministry of Finance and the Public Service to a more autonomous...

Published:Wednesday | January 12, 2011 | 12:00 AM

The Stanford Victims Coalition said that the United States Government has shown nothing less than gross negligence in its handling of accused schemer...

Published:Wednesday | January 12, 2011 | 12:00 AM

The sugar industry last year lost 750 tonnes of the raw product valued around J$34.5 million, believed to have gone missing while in transit from the sugar factories to the vessels that ship the sweetener to the export markets....

Published:Tuesday | January 11, 2011 | 12:00 AM

German automakers Volkswagen AG and BMW AG both said Monday that their global sales rose by more than 13 per cent last year led by strong demand from China and elsewhere in Asia.Volkswagen's group deliveries totalled 7.14 million in 2010 - a new record...

Published:Tuesday | January 11, 2011 | 12:00 AM

Europe's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and France are pushing it to accept outside help to avoid contagion to other countries. The yield on Portuguese 10-year...

Published:Tuesday | January 11, 2011 | 12:00 AM

On behalf of the managing committee of the Shipping Association of Jamaica (SAJ), its members and staff, I take this opportunity to wish all Jamaicans, in particular the stakeholders in the local shipping industry...

Published:Tuesday | January 11, 2011 | 12:00 AM

The United States Federal Reserve paid a record US$78.4 billion in earnings to the US government last year, reflecting gains from the central bank's unconventional efforts to lift the economy.The payment to the Treasury Department is the largest since...

Published:Monday | January 10, 2011 | 12:00 AM

With one month into the 2010-11 sugar crop, Minister of Agriculture and Fisheries, Dr Christopher Tufton, is optimistic that the production target of 150, 000 tonnes will be reached.The figure...

Published:Monday | January 10, 2011 | 12:00 AM

Many people today are crying out for jobs and for changes in the nation. We all want economic change in the nation. With the various issues now affecting the nation and its economy, volunteering is one of the things that can help to uplift our nation....

Published:Sunday | January 9, 2011 | 12:00 AM

A pending overhaul of the national school-feeding programme is likely to provide incremental revenue gains for the local dairy sector, says Dr David Lowe, who is also predicting that 2011 will see the hiking of value-added production within the sector...

Published:Sunday | January 9, 2011 | 12:00 AM

I have $1 milion in my savings account and would love some advice on the best way to invest — maybe towards a home. I also have $400,000 in a fixed deposit.

Published:Sunday | January 9, 2011 | 12:00 AM

Reflective of the dampened shopping season, transactions through the MultiLink system rose in December, but by a marginal four per cent, slower than the pace of previous years.

Published:Sunday | January 9, 2011 | 12:00 AM

Sometime this year, Caribbean heads of government will appoint a new Caribbean Community (Caricom) secretary general. Their choice will demonstrate how strong or weak an institution they require, and whether they want change.

Published:Sunday | January 9, 2011 | 12:00 AM

The most expensive motorcycles in Jamaica sell for close to $2 million.The cheap ones, scooters, range as low as $130,000, but while this counts as a more affordable ride, the sales performance of the two-wheelers has fallen in the recession. But there are signs of an uptick.

Published:Sunday | January 9, 2011 | 12:00 AM

Mother's Enterprise Limited, the operator of the Mother's chain of fast-food restaurants, has taken over the management of three school canteens in a move that is in keeping with the company's current aggressive expansion and diversification drive geared at boosting revenue.

Published:Sunday | January 9, 2011 | 12:00 AM

One year ago, Microsoft Corp CEO Steve Ballmer took the stage at the tech industry's premier gadget expo to showcase a Windows tablet computer to an audience that had yet to meet the iPad. This year, with tablets marking the hottest items at the show and Windows lagging far behind Apple Inc's popular iPad, the stakes were higher.

Published:Sunday | January 9, 2011 | 12:00 AM

A new science laboratory named for the founders of the investment bank Dehring Bunting and Golding (DB&G) was commissioned at Campion College last Wednesday by the high school's alumni and the three men that the facility honours.

Published:Sunday | January 9, 2011 | 12:00 AM

A decommissioned US Navy ship was scuttled last Wednesday in the clear Caribbean waters of the Cayman Islands, where officials say the sunken vessel will attract fish and tourists.

Published:Saturday | January 8, 2011 | 12:00 AM

REPRESENTATIVES OF the Ministry of Labour on Thursday brokered a deal between E-Pihl and Son Ltd, the company responsible for the construction of the new cruise-ship terminal in Falmouth, and workers employed to that company.

Published:Saturday | January 8, 2011 | 12:00 AM

People are buying a lot of televisions but mostly passing on 3D, according to a report released this week. According to the research group DisplaySearch, TV manufacturers sold 247 million TVs worldwide in 2010 - a 17 per cent increase over the previous year - when the world was embroiled in the worst of the global downturn.

Published:Saturday | January 8, 2011 | 12:00 AM

THE ESTABLISHMENT of a university campus on the current site of the Tower Street Adult Correctional Centre heads a raft of proposals being mooted by businessman Gassan Azan to assist in redeveloping the downtown Kingston commercial district.

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