LEGISLATION APPROVING duty-free shopping for arriving passengers moved closer to reality yesterday following the Senate's passage of a bill seeking to amend the tourist duty-free shopping system act.The bill was tabled by...
KingAlarm Services Limited, now celebrating its first decade in operation, is about to move to the next level by testing new markets overseas even as it adds new business lines and offices in its home...
Sagicor Life Jamaica Limited has been lumped with its Barbadian parent in a downgrade of the group that rating agency A.M. Best suggests is too exposed to the vicissitudes of the Jamaican economy....
Flow Jamaica yesterday unveiled its newest offering to the market - offshore data-storage service, in which its parent company Columbus Communications has invested over US$20 million in a regional project....
L.P. Azar Limited has expanded its operations at Marescaux Road, and is now finalising a deal with fabric retailer Pablos, but the company, run by Phillip Azar, is not saying the exact nature of the arrangement...
Golden Grove Sugar Company poured a quarter of a million dollars into the retooling of newly acquired but faltering asset, Duckenfield, last year, but not enough to take the factory to the levels of efficiency needed to meet...
I WISH to commend the Government for its strong renewed emphasis on microfinance lending, and rural microfinancing and development activities.This form of development financing can form a platform for impressive and sustained economic development...
Puerto Rico's Government said Wednesday it would back a US$1.2-billion resort on the island's north coast, the biggest hotel project in two years for a region hit hard by the world economic crisis.The Ritz-Carlton Reserve Dorado Beach Resort...
St Vincentian Prime Minister Dr Ralph Gonsalves says he expects Trinidad to get involved in the formation of a new entity to replace the financially troubled British American Insurance Company (BAICO).The company is a subsidiary of collapsed...
FACED WITH reduced earnings and the prospect of wracking up more losses for the three months to May 2010, farm group Jamaica Livestock Association (JLA) was thrown a lifeline in the second quarter this year, turning a profit of J$410.7 million...
Venezuela's state-owned airline, Conviasa, is to provide service to Grenada and Trinidad and Tobago later this month, a senior official of the Grenada Tourist Board (GTB) has announced.
THE GLEANER Company yesterday copped the 2009 Media of the Year Award at the Advertising Agencies Association of Jamaica (AAAJ) awards luncheon at the Knutsford Court Hotel in New Kingston. It was the second consecutive year that the newspaper was taking...
AS A nine-year-old student at Spring Village All-Age School in St Catherine, Lloyd Smith was already tilling the soil. He had his own backyard garden with callaloo and okra, and he wasn't growing it for the family pot...
Big bucks are going to the dogs in Jamaica these days - literally! Dogs and cats appear to have been keeping the cash register ringing for pet food supplier, Cari-Med Limited, which claims to be one of the country's top...
PepsiCo Inc's second-quarter net income fell three per cent, on charges related to the company's buyout of its two biggest bottlers, but the same deal pushed up revenue 40 per cent and showed signs of paying off for its US drinks business.The...
A wave of Cuban fortune-seekers is turning Ecuador as an alternative to United States - creating an anti-immigrant backlash in a small South American country that is itself a major source of migrants abroad.Some 50,000...
Goldman Sachs Group Inc reported a big hit Tuesday from a one-time British tax on bonuses.
Reporting second-quarter earnings, the investment bank disclosed it would set aside $600 million to pay a one-time United Kingdom bonus tax.
The Organisation for Economic Cooperation and Development (OECD) kicked off a three-day meeting in Nassau with Junior Finance Minister Zhivargo Laing saying...
Call centres in Jamaica are ramping up operations in an area that has blossomed since the recession, bad debt collections. Affiliated Computer Services (ACS) which operates from Montego Bay, is currently hunting for an operations manager...
American consumers and businesses are going to get more options in wireless service, starting next year, with the launch of a new wireless broadband network that will provide competition to the incumbent phone companies.Private-equity firm Harbinger...
Local brewer, Red Stripe, is seeking to recover from what company officials have described a "significant volume hit" in the last two years which they blame on the general economic climate, Government's tax policies...
Delta Air Lines Inc reported its largest quarterly profit in a decade Monday, thanks to strong passenger revenue.The world's largest airline said Monday its second-quarter net income was US$467 million, or 55 cents per share...
Caribbean Cement Company has admitted to selling export cement at cheaper prices than it does in its home market, but insists that the practice does not amount to dumping, as defined under international...
