Business

FirstCaribbean International Bank Jamaica will cut its prime lending rate by two percentage points effective July 1, lowering it to 18.25 per cent in a move the bank is attributing to the success of the debt swap in February and the performance ...

Pan Caribbean Financial Services Limited (PCFS) has notified the market that in two weeks, it will move to redeem more than three million preference shares, or exactly half the stock units issued over two years ago when...

Concerned about the possibility of bid-rigging and the use of insider information by the former Petroleum Corporation of Jamaica (PCJ) chairman, Ian Moore, the Office of the Contractor General (OCG) yesterday launched an investigation...

Seaboard Jamaica has been awarded 'Top Shipping Solutions for Exporters, 2009' by the Jamaica Exporters' Association (JEA). The company also won the award between 2002 and 2005.

WESTERN BUREAU: On the heels of the success of the its inaugural Kingston route, the Bahamian-owned Western Air is touting a larger aircraft to service its Montego Bay-Nassau itinerary for the upcoming winter tourist season...

Jamaica's coffee industry is at a crossroads and needs diversification if the sector is to move forward, says Agriculture Minister Dr Christopher Tufton. According to Tufton, for more than 20 years Japan has been the dominant market for Jamaican coffee...

Each member of a pension plan or retirement scheme is legally entitled to a benefit statement annually, to be provided within four months of the end of the financial year end.

Answers for Children, a children's clothing store in Kingston, is relocating its Manor Centre outlet to upper Manor Park plaza, where it will merge with sister operation Simplicity for Kids.

IF YOU thought that the colourful sporting spectacle that is the World Cup football finals had reached fever pitch in South Africa, then you need to check Sagicor's offices in Jamaica. The insurance company is putting on a grand World Cup show of its own that is intended to put the sparkle in South Africa to shame.

DEVELOPERS OF lighting and solar technology made a presentation yesterday to business and ministry stakeholders, demonstrating how to reduce reliance on Jamaica's energy grid by more than 50 per cent.

Denis O'Brien has moved to tidy up his mobile holdings, executing in this quarter the acquisition of stand-alone company Digicel Pacific Limited (DPL), which now joins the larger Digicel Group Limited family.Digicel Group bought the Pacific business for...