Published:Wednesday | September 22, 2010 | 12:00 AM
NASSAU, Bahamas (CMC):The Bahamas food import bill stood at US$430 million in 2008, and officials blamed low production for the 40 per cent increase over the amount of money spent in 2004.Agriculture and Marine...
Published:Wednesday | September 22, 2010 | 12:00 AM
LIME Jamaica on Thursday expressed confidence that its twinned approach of replacing obsolete equipment and the rebranding exercise was a move in the right direction in its quest to conquer the 'red army' and "win back...
Published:Wednesday | September 22, 2010 | 12:00 AM
Shareholders gave Jamaica Money Markey Brokers (JMMB) the green light on Monday to increase its authorised share capital ahead of its planned January 2011 new preference shares issue in which it will be seeking to raise some $2.5 billion....
Published:Wednesday | September 22, 2010 | 12:00 AM
Boss Furniture, family-owned business that manufactures living room suites and beds in downtown Kingston, is to spend US$1 million (J$86 million) to set up a factory to produce the springs for its mattresses, the company's CEO Omar Azan disclosed....
Published:Wednesday | September 22, 2010 | 12:00 AM
With more than $3.1 billion in cost overruns on government construction projects in 2008 and concern over the award of jobs to unregistered contractors, which it says continues to be a problem, the Office of the Contractor General (OCG) is recruiting...
Published:Wednesday | September 22, 2010 | 12:00 AM
WESTERN BUREAU:The banks have come in for another set of bashing for its high interest rates regime. A western Jamaica businessman is warning that if they are allowed to continue to thwart the ability of businesses to compete with the high rates...
Published:Wednesday | September 22, 2010 | 12:00 AM
While Jamaican firms have uncertainty about their ability in the short-term to create new jobs, employers complain about the lack of certification among workers...
Published:Wednesday | September 22, 2010 | 12:00 AM
General Manager of the Central Bank of India Gajanan Songaonkar is proposing that the Government of Jamaica ramp up support for small, medium and micro enterprises (SMEs) by implementing a small-business policy....
IBM Corporation said yesterday it has agreed to pay US$1.7 billion for Netezza Corp, a company that helps businesses sort through data on corporate servers. The deal would help IBM expand in an area known as 'analytics', where the company sees a major...
The international theme for this year's Maritime Awareness Week, '2010: The Year of the Seafarer' is quite befitting as the International Maritime Organisation (IMO) continues to promote its 'Go to Sea' campaign....
It is perhaps a noteworthy bit of irony that we are surrounded by the sea, yet we are seemingly unaware of the vast potential this resource holds in terms of placing us on a platform for economic and social development....
Jamaican businessman Robert Christopher Tom Girvan, who pleaded guilty to 18 counts of theft and three money-laundering charges, will return to court in The Cayman Islands on October 25 for a confiscation and sentencing hearing....
There are many debates about improving education and the social standing of the poor so the society can be changed and, hence, reduce crime and poverty locally and globally. But what many don't understand is that if the poor...
While businesses and consumers alike would like to see indicators of a recession in flight, conditions on the local property market do not support this.
Omar Azan, president of the Jamaica Manufacturing Association,is urging players in the furniture industry to share information, make use of clustering, and to be aggressive in their marketing to survive a tight economic climate.
The single most detrimental mistake mortgagors (borrowers) can make is postponing meeting with their mortgage providers when they fall behind on their mortgage payments. Too often, persons lose their homes because they did not believe lenders would listen, let alone help them.
The Government of Jamaica (GOJ) on Friday signed a letter of agreement with the Inter-American Development Bank (IDB) approving a technical cooperation grant of US$572,000 (J$49.1 million) in support of improving the lives of persons with disabilities (PWD).
Digicel is set to be the first to bring a mobile money service to the Caribbean when it launches a pilot project in earthquake-ravaged Haiti come October. A release from the mobile giant states the project will be done in collaboration with a large non-governmental organisation, which runs a cash-for-work programme and operates a major bank in the French-speaking nation.
Americans' long journey to regain the wealth they lost in the recession is stalled. Households failed even to run in place during the April-June quarter as sinking stock prices eroded wealth.
Marlon Hudson and Dane Spencer, 2003 computer science graduates of the University of the West Indies (UWI), decided early in their careers that entrepreneurship was the route to take with skills learnt in the classroom.
Question: I have insured my vehicle with one company for many years. I had an accident in 2009 for the first time in 11 years. Initially, it was my fault. My vehicle got out of control during rainfall on Highway 2000 after it hit a sinkhole. I crashed into the divider wall on the soft shoulder at about 2:15 p.m. The front of the vehicle was damaged. Another vehicle stopped to assist.
Last Sunday at Basel, Switzerland, bank regulators agreed new rules they claim will strengthen the world's financial services industry, immunising against a future Wall Street-type mid-September 2008 meltdown.
Montego Bay hotelier Godfrey Dyer has placed on the market a small, upper-middle apartment development in the city's outskirts of Ironshore, which he says should attract buyers with its "elegant design"....
Peter Reid formerly of Bank of Nova Scotia (BNS) is the new senior vice-president and chief operating officer at Victoria Mutual Building Society.Financial Gleaner...
GraceKennedy's insurance arm, Jamaica International Insurance Company (JIIC), opened its Ocho Rios office last Friday at Rapid True Value, on Main Street. The office is the sixth in Jamaica for the 29-year-old insurance company...
