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Business

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

There is a legend about a Burmese potter who had become envious of the prosperity of a washerman. Determined to put this man out of business, the potter convinced the king to issue an order, requiring the man to wash one of the emperor's black elephants and make it white....

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

A 40-day shutdown atop a contracting construction market sent Caribbean Cement Company Limited's (CCCL) finances off the rails in the summer, but the company is trying to remain positive in its outlook, saying there are signs in the final December...

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

Citing its strong profits and potential for continued growth, brokers have largely marked as 'a buy' the Dolphin Cove Group, whose initial public offer (IPO) opens today. One broker, Scotia DBG Investments even argues that at J$3, the company's offer price...

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

Diageo Plc, the global drinks giant and parent company to Red Stripe Jamaica, is reportedly negotiating a takeover of Guatemalan rum brand Zacapa, in a transaction expected to close next April. It is seeking to buy a 50 per cent equity stake in the rum brand, which Diageo...

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

Robert Pitfield has shed his board positions in Trinidad, but he remains chairman of the Scotia Group Jamaica, the local banking group confirmed Tuesday.Pitfield has a new posting inside the parent group in Canada, since...

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

Scotiabank said it is negotiating purchase of two businesses that will mark its entry into Uruguay.The bank has struck deals to acquire 100 per cent of Nuevo Banco Comercial (NBC), Uruguay's fourth-largest...

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

It may not last, but a spirit of compromise seems to have settled over the annual UN climate conference as negotiators enter its final days looking for agreements on secondary tools for coping with global...

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

Red Stripe, the Jamaican brewer, has landed a contract to supply its lager to more than 3,000 rooms/suites in the Gordon 'Butch' Stewart's Sandals hotels in Jamaica and the Turks and Caicos Islands, the companies...

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

Oil prices on Tuesday jumped above US$90 a barrel for the first time in more than two years, a key milestone for Wall Street analysts who say tightening supplies will eventually send prices above the US$100 mark next year.The recent surge in oil pushed...

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

The Caribbean Community (Caricom) trade ministers have signed off on an agreement for Haiti to export within the bloc's single market on a non-reciprocal preferential basis for three years as it recovers from a series of disasters.The ratification last...

Published:Tuesday | December 7, 2010 | 12:00 AM

Minister of Transport and Works Mike Henry has called on citizens to be vigilant in ensuring that work carried out under the $36-billion Jamaica Development Infrastructure Programme (JDIP), is of the highest standard."Citizens, you are the eyes and ears...

Published:Tuesday | December 7, 2010 | 12:00 AM

HSBC prolonged disgraced financier Bernard Madoff's ability to burn investors by "engineering a labyrinth" of international sources of funding for his epic Ponzi scheme, a court-appointed trustee alleged Sunday...

Published:Tuesday | December 7, 2010 | 12:00 AM

Pfizer Inc abruptly replaced its CEO and chairman Sunday, saying Jeffrey B. Kindler was retiring after 4 1/2 years leading the world's biggest drugmaker to "recharge".Analysts saw the unexpected departure as an ouster, however, coming amid repeated failures from Pfizer's labs...

Published:Monday | December 6, 2010 | 12:00 AM

Making mistakes in business or business deals or transactions can be some of the most painful decisions an individual can make. Some make mistakes and use it as a tuition fee in the institution of life to gain knowledge...

Published:Monday | December 6, 2010 | 12:00 AM

As the Jamaica Business Council on HIV/AIDS (JABCHA) fine-tunes plans to set up a national foundation for HIV/AIDS, its executive director, Earl Moore, has warned that the country's business sector is in for big trouble if companies continue to undermine...

Published:Monday | December 6, 2010 | 12:00 AM

Audley Shaw, the Grinch, has decided to impose new taxes on spirits, liquors and tobacco products despite promising not to do so until the end of the International Monetary Fund (IMF) agreement, claiming that the tax scale in this area was iniquitous....

Published:Sunday | December 5, 2010 | 12:00 AM

Research In Motion Limited maker, of BlackBerry smartphones, said on its blog Thursday that it will buy Swedish software developer The Astonishing Tribe, which specialises in making phone software more attractive and easy to use.

Published:Sunday | December 5, 2010 | 12:00 AM

Title:The Small Business Survival Guide Author: Alrick Robinson

Published:Sunday | December 5, 2010 | 12:00 AM

Encouraging the Caribbean private sector to become more dynamic is far from easy.This is not to comment on the largest Caribbean companies, the 40 or more enterprises which are multinational, well financed and managed, and are invested in or exporting...

Published:Sunday | December 5, 2010 | 12:00 AM

Several investors led by well-known Jamaican scientist, Dr Henry Lowe, have launched a new business with the hope of turning an initial J$25-million investment into an investment over time of...

Published:Sunday | December 5, 2010 | 12:00 AM

Bermuda and China have signed a tax-information agreement and Premier Paula Cox said that the recent controversy over the decision of her predecessor to offer sanctuary to four Chinese Muslim Uighurs last year was not mentioned during the talks.

Published:Sunday | December 5, 2010 | 12:00 AM

Why is that we all know Jamaicans who migrated, and almost overnight, became productive?

Published:Sunday | December 5, 2010 | 12:00 AM

The National Housing Trust (NHT) will be providing 85 per cent financing for two housing projects in St Mary and St Andrew, which are being spearheaded by the Housing Agency of Jamaica (HAJ).

Published:Sunday | December 5, 2010 | 12:00 AM

Question: A man ran across the road suddenly in front of my taxi.

Published:Sunday | December 5, 2010 | 12:00 AM

More signs of the economic turbulence facing business in Jamaica are emerging with the decision by the Development Bank of Jamaica (DBJ) to seize and sell three small resort properties which, sources say, have been unable to pay off loans from the state-owned financing agency..

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