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Business

Published:Friday | December 10, 2010 | 12:00 AM

Sheree Martin, the chief spokeswoman for Jamaica's largest banking group, has been promoted to general manager but maintains the same portfolio for the marketing, communications and service delivery division inside National Commercial...

Published:Friday | December 10, 2010 | 12:00 AM

In an article in The Gleaner in 2008, it was estimated that fraud was a multibillion-dollar problem in Jamaica.According to the latest Global Economic Crime Survey prepared by PricewaterhouseCoopers, not only does...

Published:Friday | December 10, 2010 | 12:00 AM

Recently, the Financial Services Commission (FSC) published its most recent data on the local pension industry as at June 2010. This report revealed some important statistics.The size of the pension industry now stands...

Published:Friday | December 10, 2010 | 12:00 AM

Jamaican architects and their counterparts in other Cariforum countries are still waiting for the signing of a mutual recognition agreement which would allow them to ply their trade in European Union (EU) countries....

Published:Friday | December 10, 2010 | 12:00 AM

David Phillips is not inclined to say much about his faltering business.He confirms that it has ceased trading, but insists that National Meats and Food Distributors Limited has not closed down, nor has it been...

Published:Friday | December 10, 2010 | 12:00 AM

Robert Levy, who for 50 years has built a company dominant in the poultry business and recognised in households through the Best Dressed brand, has been awarded a spot among Jamaica's titans of business in the Private Sector Organisation of Jamaica...

Published:Friday | December 10, 2010 | 12:00 AM

Sprint Nextel, one of the first American companies to debut 4G services in its home market, is partnering with Digicel Jamaica to give its customers a wider space in which to roam....

Published:Friday | December 10, 2010 | 12:00 AM

The export complex at the Norman Manley Inter-national Airport run by the Ministry of Agriculture and Fisheries has added capacity so that producers wanting to grow their exports will have access to a facility capable of handling higher volumes.

Published:Friday | December 10, 2010 | 12:00 AM

A two-week offer for the shares of marine attraction Dolphin Cove lasted only 10 minutes after its opening Wednesday because of the volume of bids that poured in for the stock, said lead broker Pan Caribbean Financial Services (PCFS). ...

Published:Friday | December 10, 2010 | 12:00 AM

Today, I planned to write on the issue of growth in the Jamaican economy. My thoughts actually moved to Eric Williams, who, during his time at the Anglo-American Caribbean commission, suffered some experiences that even for that time...

Published:Friday | December 10, 2010 | 12:00 AM

The Guyana government says it will introduce new legislation that will provide greater protection to consumers of telecommunication services. President Bharrat Jagdeo, speaking at the launch of a new telecommunication service...

Published:Friday | December 10, 2010 | 12:00 AM

A new study released by the Inter American Development Bank (IDB) has found that high trade costs are curtailing business opportunities between China and Latin America and the Caribbean (LAC).The two "must lower trade costs and increase investment...

Published:Friday | December 10, 2010 | 12:00 AM

Already partners in philanthropy through their respective foundations, two of Jamaica's largest companies have entered into a new business arrangement under which Red Stripe beer will now be sold in Sandals Resorts International hotels...

Published:Friday | December 10, 2010 | 12:00 AM

Google Inc is making the leap from digital librarian to merchant in a challenge to Amazon.com Inc and its Kindle electronic reader.The long-awaited Internet book store, which opened Monday in the United States, draws upon a portion of the 15 million...

Published:Friday | December 10, 2010 | 12:00 AM

Regional consumer advocates stepped up their campaign for improved services Wednesday with the launch of the Promotion of Consumer Protection in the Caribbean Project in Kingston.Representatives from Barbados, Jamaica, Trinidad and Tobago...

Published:Friday | December 10, 2010 | 12:00 AM

The Golding administration is considering a scheme to pay, with medium- to long-term bonds, billions of dollars in unreimbursed withholding tax it owes to pension funds.But the finance ministry, now hiding behind the supposed constraints of the Revenue Administration Act,...

Published:Friday | December 10, 2010 | 12:00 AM

The amalgamation of payroll taxes, including contributions and deductions, will take effect in January, whereby employers will no longer be required to cut separate cheques to different statutory institutions...

Published:Thursday | December 9, 2010 | 12:00 AM

Robert Levy, chairman of the Jamaica Broilers Group, has attributed his business' success to his belief in God. At The Jamaica Pegasus hotel in New Kingston on Tuesday night, when he was inducted into the Private Sector Organisation of Jamaica...

Published:Thursday | December 9, 2010 | 12:00 AM

JetBlue Airways on Wednesday lowered its passenger revenue expectations for the fourth quarter, saying its plan to hold out for higher peak holiday fares is not playing out as well as it expected.Its shares tumbled nine per cent in morning...

Published:Thursday | December 9, 2010 | 12:00 AM

CANCUN, Mexico (AP): Should airline passengers pay a small tax to help out? How about global money dealers? Or perhaps governments should take what they spend subsidising gasolene prices and put it towards the climate cause....

Published:Thursday | December 9, 2010 | 12:00 AM

Consumer products maker Fortune Brands Inc plans to split into three separate companies, keeping its liquor business led by Jim Beam bourbon while shedding the businesses that make Titleist golf balls, Moen faucets and Master Locks.Fortune Brands said...

Published:Wednesday | December 8, 2010 | 12:00 AM

Digicel Limited has raised its targeted US$300 million in a corporate bond offering that closed Tuesday. "The funds raised will in part support the planned expansion of our business in Haiti which delivered strong year-on-year revenue growth for the six...

Published:Wednesday | December 8, 2010 | 12:00 AM

Development Bank of Jamaica (DBJ) has cut interest rates for agriculture, energy and the small and medium-sized enterprise (SME) sector by up to two percentage points to spur lending, and will be distributing up to J$30 million in grants to fund...

Published:Wednesday | December 8, 2010 | 12:00 AM

United Parcel Service (UPS) is now requiring photo identification from customers shipping packages at retail locations around the world, a month after explosives made it onto one of the company's planes.The Atlanta-based package courier said Tuesday ...

Published:Wednesday | December 8, 2010 | 12:00 AM

Trinidad-based rum manufacturer, Angostura Holdings Limited is reporting a major revenue recovery, posting a strong nine-month earnings of TT$91.6 million, turning the corner on the anaemic TT$9 million it did last...

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