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Business

Published:Saturday | October 9, 2010 | 12:00 AM

Port Antonio, Portland: Vendors at the Musgrave Market in Portland want their vending fees waived until the authorities rectify the leaking roof at the market.The vendors' goods were damaged recently after heavy rains associated...

Published:Friday | October 8, 2010 | 12:00 AM

The National Housing Trust (NHT) has put a price tag of J$1.92 billion on its Ruthven Road project, but said home construction there is still a year away.The trust has already selected A.G.

Published:Friday | October 8, 2010 | 12:00 AM

THE CALL for coal to be considered as Jamaica's main energy source has been rebuffed by energy minister James Robertson.

Published:Friday | October 8, 2010 | 12:00 AM

While an increasing number of properties in Jamaica and the Caribbean have embraced the all-inclusive concept to lock in tourist spend, reduce visitor safety concerns or otherwise enhance the vacation experience...

Published:Friday | October 8, 2010 | 12:00 AM

ATL Autohaus, the new German dealership with offices in Montego Bay and Kingston, has started operations in its first quarter with an aggressive sales pitch that prices its cheapest car...

Published:Friday | October 8, 2010 | 12:00 AM

World financial officials are warning that heightened tensions among nations over currency values pose a threat to a fragile global economy.Leaders at the International Monetary Fund (IMF) and the World Bank said on Thursday that a conflict between...

Published:Friday | October 8, 2010 | 12:00 AM

In the past two decades, the cumulative damage from natural disasters has wiped out more than 80 per cent of GDP, Jamaica's top economic planner said this week, as he called for more focused attention on human security and safety....

Published:Friday | October 8, 2010 | 12:00 AM

Heavy rains which pounded the island for several days last week resulting in major flooding across the country and causing damage to roads and bridges estimated at J$12 billion, looks set to throw...

Published:Friday | October 8, 2010 | 12:00 AM

The transfer of assets and liabilities of Scotia DBG Merchant Bank Limited to Bank of Nova Scotia Jamaica was finalised October 1, erasing from the group structure an operation that Scotiabank considered a duplication of the commercial-banking...

Published:Friday | October 8, 2010 | 12:00 AM

Verizon Wireless said on Wednesday that its new wireless broadband network, which offers higher data speeds initially for laptop users, will be live before the end of the year in the cities on the Boston-to-Washington stretch as well as in California,...

Published:Friday | October 8, 2010 | 12:00 AM

Captain Ian Brunton, chief executive officer of Caribbean Airlines Limited (CAL), says Antigua-based LIAT should seriously consider amalgamation with his company if it hopes to survive.Brunton said individual airlines in the Caribbean...

Published:Friday | October 8, 2010 | 12:00 AM

Fitch is giving General Motors Company a junk-level credit rating, saying its pensions remain underfunded and the auto market remains uncertain.

Published:Friday | October 8, 2010 | 12:00 AM

PepsiCo Inc's third-quarter net income rose 12 per cent on strong sales gains in drinks and Frito-Lay snacks abroad, but shares fell after the company lowered the top end of its guidance because of investments to expand its presence overseas.

Published:Friday | October 8, 2010 | 12:00 AM

The Brazilian government says the nation's 2010 grain harvest is expected to be 11 percent higher than last year's.

Published:Friday | October 8, 2010 | 12:00 AM

There is a global trend towards countries and business entities adopting directly or converging their local standards to International Financial Reporting Standards (IFRS).

Published:Friday | October 8, 2010 | 12:00 AM

The Financial Services Commission (FSC) is proposing sweeping reforms of the financial-services sector for tough new restrictions, licensing, reporting and other requirements that would effectively tighten the operating...

Published:Friday | October 8, 2010 | 12:00 AM

Coronation Market, also known in short form as 'Curry', is a vital hub in the distribution chain for Jamaican farmers. It provides a livelihood for countless families that depend on higglers linking rural farmers, urban middle- and working...

Published:Friday | October 8, 2010 | 12:00 AM

Trinidad and Tobago's Prime Minister Kamla Persad-Bissessar has ordered a commission of enquiry into the root causes that led to the financial collapse of several CL Financial companies which she described as a "scandal of monumental proportions"...

Published:Friday | October 8, 2010 | 12:00 AM

Cisco Systems Inc announced on Wednesday that it is going to start selling a $599 box that turns living-room TV sets into big videophones. It is the first entry by the world's largest maker of computer networking gear into home videoconferencing...

Published:Thursday | October 7, 2010 | 12:00 AM

The risk of a destabilising bout of deflation has grown as the United States and other countries struggle with weak economic recoveries and lingering financial problems.That assessment, contained in a new International Monetary Fund (IMF) report...

Published:Thursday | October 7, 2010 | 12:00 AM

China and other emerging powers are offsetting weakness in the United States and Europe and will likely lift the global economy this year and next.That's the latest outlook of the International Monetary Fund (IMF), which predicts the world economy will...

Published:Thursday | October 7, 2010 | 12:00 AM

WELFARE CONSIDERATIONS will not be a major focus of the Government as it moves to restore the country in the aftermath of the system which became Tropical Storm Nicole last week....

Published:Thursday | October 7, 2010 | 12:00 AM

The National Insurance Scheme (NIS) came in for strong criticisms from at least one lawmaker Tuesday over its failure to collect contributions from some employers.Michael Peart, member of Parliament for South...

Published:Wednesday | October 6, 2010 | 12:00 AM

THE HEAD of Jamaica's Customs, Danville Walker, has proposed the mandatory filing of income tax returns by the island's residents as a move towards broadening the tax net, allowing for a lowering of the nominal tax rate and improving the environment ...

Published:Wednesday | October 6, 2010 | 12:00 AM

BASSETERRE, St Kitts (CMC):Governor of the Eastern Caribbean Central Bank (ECCB), Sir Dwight Venner, has defended the decision of Eastern Caribbean Currency Union (ECCU) members to peg their local...

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