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Business

Published:Friday | November 19, 2010 | 12:00 AM

The Ministry of Agriculture and Fisheries is moving ahead with a five-year plan to boost food exports by addressing international food-safety standards.The project, to be financed by a US$15-million (J$1.29b) loan secured...

Published:Friday | November 19, 2010 | 12:00 AM

Suggesting that Jamaica's long-term economic advantage is likely to rest on the delivery on competitively priced high quality services, a top World Bank official has urged policymakers here to invest now in the development of human capital, even as they...

Published:Friday | November 19, 2010 | 12:00 AM

John Maynard Keynes spent a good period of his last several years in service to humanity - he figured capitalism was likely to self-destruct if a more rational and just international monetary system was not constructed after the war...

Published:Friday | November 19, 2010 | 12:00 AM

Pamela Bridgewater, the United States Ambassador to Jamaica, has named some big corporations in industry and finance whom she says are interested in investing in Jamaica. Bridgewater held discussions with big investors prior to taking up her posting...

Published:Friday | November 19, 2010 | 12:00 AM

General Motors stock began trading on Wall Street again Thursday, signalling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a US$50-billion infusion from taxpayers.

Published:Friday | November 19, 2010 | 12:00 AM

Bank of Jamaica (BOJ) Governor Brian Wynter is prepared to offer conditional approvals to investors in credit bureaus to kick-start the market, as long as they satisfy his fit-and-proper tests of their...

Published:Friday | November 19, 2010 | 12:00 AM

The Urban Development Corporation (UDC) has identified an international firm to market and operate the multibillion-dollar Montego Bay Convention Centre, says general manager Joy Douglas.

Published:Friday | November 19, 2010 | 12:00 AM

Tank-Weld Metals says its bulk cement and bagging facility under development at its base in Rio Bueno should be completed and ready for commissioning in the first quarter of next year....

Published:Friday | November 19, 2010 | 12:00 AM

Gassan Azan, owner of retail chains MegaMart and Bashco, is expanding into the bakery market with a new operation to be called 'Sweet Things'. Azan is investing J$45 million to convert a former Bashco store in Kingston...

Published:Friday | November 19, 2010 | 12:00 AM

The investment promotions agency, Jampro, is on the hunt for an investor willing to fork out US$930 million needed to finance a power-generation project along the Mahogany Vale River in Jamaica's Blue Mountains....

Published:Friday | November 19, 2010 | 12:00 AM

Zuccerhina Developments Jamaica Limited has partnered with Kencasa Construction and Project Management Limited to pump J$8 billion into the development of a sprawling housing complex, as well as a university campus in Trelawny....

Published:Thursday | November 18, 2010 | 12:00 AM

China's government announced food subsidies for poor families Wednesday as it tries to cool a double-digit surge in prices that communist leaders worry might stir unrest.The Cabinet promised to ease shortages of vegetables and grain that helped push up...

Published:Thursday | November 18, 2010 | 12:00 AM

Eight years after it was launched amid high expectancy, administrators at the Technology Innovation Centre (TIC) say the facility is meeting its objective of helping to kick-start small businesses. The TIC is a business incubator located at the University of Technology...

Published:Thursday | November 18, 2010 | 12:00 AM

WESTERN BUREAU: GRACEKENNEDY REMITTANCE Services (GKRS) and Western Union recently rolled out the red carpet to honour several staff and agents at a lavish gala banquet in observance of their partnership in Jamaica...

Published:Wednesday | November 17, 2010 | 12:00 AM

Puerto Rico is toasting a proposition to invest more heavily in its world-class rum. Legislators voted late Friday to increase from 10 per cent to 25 per cent the portion of a federal excise tax on local rum they will...

Published:Wednesday | November 17, 2010 | 12:00 AM

The International Tobacco Growers' Association (ITGA) has praised the decision by the Council of Ministers of the African, Caribbean and Pacific grouping to oppose new guidelines by the World Health Organization's (WHO) to ban certain ingredients used...

Published:Wednesday | November 17, 2010 | 12:00 AM

The Paris Club has agreed to talks on renegotiating US$6.5 billion in outstanding Argen-tine debt without the participation of the International Monetary Fund (IMF), President Cristina Fernandez de...

Published:Wednesday | November 17, 2010 | 12:00 AM

Europe's debt crisis hit a critical juncture Tuesday, as finance ministers tried to keep Ireland's market turmoil from triggering a domino effect that could topple other vulnerable nations like Portugal ...

Published:Wednesday | November 17, 2010 | 12:00 AM

A confident General Motors (GM) has added 20 million shares of preferred stock to its initial public offering, and it raised the estimated price range for common shares by about 14 per cent to US$32 to US$33....

Published:Wednesday | November 17, 2010 | 12:00 AM

Jamaica Public Service (JPS) Company is negotiating a new outsourcing contract for its bill-collection service and could make an announcement as early as Thursday, persons familiar with the talks have said....

Published:Wednesday | November 17, 2010 | 12:00 AM

Tank-Weld Metals has landed a US$2-million contract to supply storm-ravaged St Vincent and the Grenadines with an assortment of construction materials to be used in the repair of some 350 damaged homes....

Published:Wednesday | November 17, 2010 | 12:00 AM

Guardian Holdings Limited (GHL) made a loss of TT$65.7 million on the disposal of its asset management business in Jamaica, pushing the company into the red in the third quarter.The "non-cash charge" from the sale of Guardian Asset Management Jamaica...

Published:Wednesday | November 17, 2010 | 12:00 AM

Kingston Live Entertainment Limited (KLE), the company that is partnering with Usain Bolt in a bid to leverage the Jamaican track star's name into a global chain of sports bar-retail complexes, plans to list next year on Jamaica's junior stock exchange...

Published:Wednesday | November 17, 2010 | 12:00 AM

One of the most well-known aphorisms in the business world is 'time is money'.And it's no mystery why either: most work relationships involve the exchange of time for money.

Published:Wednesday | November 17, 2010 | 12:00 AM

The Bank of Jamaica has cut interest rates again, this time by 50 basis point to 7.5 per cent. The change took effect Monday, November 15, days after Bank of Jamaica (BOJ) Governor Brian Wynter suggested a shift in his position on the pace at which...

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