Business

QUITO, Ecuador (AP):United States Secretary of State Hillary Rodham Clinton urged Latin American nations on Tuesday to impose a heavier tax burden on the wealthy, saying the region's economic growth and competitiveness depend on it...

The Pharmaceutical Society of Jamaica has expressed concern about the poor working conditions in the public sector, which it has linked to the stagnant flow of professionals into state facilities. President of the society...

The effect of the oil spill in the Gulf of Mexico is among topics for discussions at an informal meeting between Caribbean Community (CARICOM) foreign ministers and the United States Secretary of State Hillary Clinton in Barbados today.

Steve Jobs, Apple's chief executive officer, says the next iPhone will have a higher-resolution screen, longer battery life and thinner design.

At the recently held annual general meeting of the Custom Brokers and Freight Forwarders Association of Jamaica (CBFFAJ), Donovan Wignal was returned unopposed as president.

WESTERN BUREAU: Demonstrating confidence in 'Destination Jamaica', 33 meeting planners and incentive buyers representing 25 companies arrived here last Thursday, opening new...

The clean-up exercise in the burnt-out section of the Coronation Market by the National Solid Waste Management Authority (NSWMA) began yesterday, as the crew worked assiduously to clear the rubble. Regional Operations Manager David Bloomfield said...

Sandals hotel chain bosses, Gordon 'Butch' Stewart and son, Adam Stewart, have downplayed the importance of a planned multi-family housing development they are to undertake in the swanky Freeport area of the resort city of Montego Bay.

Realtors say there is no surplus of office space in the uptown business district of New Kingston, but at least one investor who relies on the usually top-end rentals the area commands, says they have space that is slow in getting off their hands.

Former chief executive officer (CEO) of the Jamaica Employers'Federation (JEF), Jacqueline Coke-Lloyd, has been appointed to the board of Sagicor Life Jamaica.

Using general consumption tax (GCT) returns as a measure of business buoyancy for micro and small enterprises (MSEs), these entities registered major sales declines in 2009, as evidenced by a $96.4 billion fall-off in business over 2008, the Government's latest issue of the Economic and Social Survey of Jamaica (ESSJ) compiled by the country's economic planning and monitoring authorities, has shown.

The Government is pressing ahead with an ambitious plan to tap into the lucrative import-substitution market, especially involving the sale of food to the local hotels. However, lingering doubts are still being voiced about both the ability of Jamaican producers to displace foreign suppliers, and the desirability of presenting tourists with only locally produced staples.