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Business

Published:Friday | June 4, 2010 | 12:00 AM

The assets of Wallenford Coffee Company (WCC), the largest and among the best known producers that make up the elite Blue Mountain coffee brand, are expected to finally hit the market this summer, as the Government has...

Published:Friday | June 4, 2010 | 12:00 AM

Are there links between business and crime? Obviously, yes! But are they positive, negative, more one than the other? Jamaica Chamber of Commerce says the operation in Tivoli Gardens last week is likely to have a tab of...

Published:Friday | June 4, 2010 | 12:00 AM

Months after backing away from buying the remaining three sugar estates under Government's control, Italian firm, Eridania Suisse SA, has made a surprising about-face and is now among eight potential investors which submitted expressions...

Published:Friday | June 4, 2010 | 12:00 AM

Johnathan Brown, retired director of domestic debt in the Ministry of Finance and the Public Service, has been elected president of the Jamaica Co-operative Credit Union League (JCCUL) at it 69th annual general meeting held on May 22.Brown succeeds...

Published:Friday | June 4, 2010 | 12:00 AM

The Ministry of Tourism is seeking US$10 million to launch a public-relations campaign to mitigate the fallout that the recent violence in western Kingston has had on the tourism product.The industry is reporting losses of US$350 million....

Published:Friday | June 4, 2010 | 12:00 AM

The office of the attorney general (AG) has sided with the Ministry of Energy and Mining (MEM) in the ongoing feud between that department and the Office of the Contractor General (OCG) over the proposed...

Published:Friday | June 4, 2010 | 12:00 AM

Conglomerate GraceKennedy is setting aside up to J$457 or just more than US$5 million to buy a new information technology platform designed to increase risk management while driving efficiencies and new business across its local banking and investment...

Published:Friday | June 4, 2010 | 12:00 AM

The state-owned monopoly piped water provider, National Water Commission (NWC), is accustomed to revenue shortfalls, a situation that has got from bad to worse. With net consumer receivables of more than $2.7 billion up to February...

Published:Friday | June 4, 2010 | 12:00 AM

Sabrina Gordon, Business Reporter The Jamaican dollar closed trading on Wednesday this week at $87.99 to the United States (US) dollar, representing a significant 1.8 per cent appreciation against the US currency since the start of the year.

Published:Friday | June 4, 2010 | 12:00 AM

Listed conglomerate, Grace-Kennedy Limited has struck a deal with the Government that will see the aggressive financial services, food distribution and hardware retailer planting its feet firmly in the trade in fruits and vegetables, which agriculture ministry officials...

Published:Thursday | June 3, 2010 | 12:00 AM

The Commission of Inquiry into the local sugar industry, headed by University of the West Indies Professor Alvin Wint got underway on Tuesday. The other members of the commission are Wilfred Baghaloo...

Published:Thursday | June 3, 2010 | 12:00 AM

IN A move that could pave the way for lower call rates locally, the Telecommunications Appeals Tribunal has dismissed an appeal from Mossel Jamaica Limited against a decision of the Office of Utilities Regulation (OUR)....

Published:Thursday | June 3, 2010 | 12:00 AM

The Government department that polices the country's labour laws, the Ministry of Labour and Social Security, is reporting an increase in breaches of the Employment (Termination and Redundancy Payment) Act in the 2009-2010 financial year...

Published:Wednesday | June 2, 2010 | 12:00 AM

WASHINGTON (AP): Construction activity surged in April by the largest amount in nearly a decade.

Published:Wednesday | June 2, 2010 | 12:00 AM

Australia's central bank left its key interest rate unchanged at 4.5 per cent Tuesday, citing increased caution among investors in the wake of Europe's sovereign debt crisis.

Published:Wednesday | June 2, 2010 | 12:00 AM

Despite the global financial crisis, world military spending almost doubled in the past decade to reach US$1.53 trillion in 2009, a Swedish think tank said Wednesday.

Published:Wednesday | June 2, 2010 | 12:00 AM

SHANGHAI (AP): The recovery in China's manufacturing slowed in May on sluggish new orders and rising inventories, surveys showed Tuesday.

Published:Wednesday | June 2, 2010 | 12:00 AM

World stocks fell Tuesday and the euro continued to slide as Europe's shaky government finances and concerns about slower growth in China made investors jittery.

Published:Wednesday | June 2, 2010 | 12:00 AM

Canada on Tuesday became the first Group of Seven nation to raise interest rates since the global financial crisis, but said any further hikes would depend on global economic conditions....

Published:Wednesday | June 2, 2010 | 12:00 AM

GEORGETOWN, Guyana (CMC): The state-owned Guyana Sugar Corporation (GUYSUCO) says despite the prolonged dry spell it has recorded "a reasonable" first crop for 2010.

Published:Wednesday | June 2, 2010 | 12:00 AM

In spite of a fallout in revenues resulting from the recent several days of civil unrest in west Kingston, economic analysts are upbeat that the situation will not significantly affect the Government's fiscal targets...

Published:Wednesday | June 2, 2010 | 12:00 AM

Four years into its war against unregulated financial organisations (UFOs), the Government's watchdog for the securities investment sector, the Financial Services Commission (FSC) has admitted that it is uncertain whether some unregulated entities...

Published:Wednesday | June 2, 2010 | 12:00 AM

Mere months into the one-year lease agreement they reluctantly accepted from the Government to grow sugar cane on lands at Caymanas property on the edge of the Corporate Area, the operators of the privately owned sugar...

Published:Wednesday | June 2, 2010 | 12:00 AM

Securities dealer and investment house, Jamaica Money Market Brokers Limited (JMMB), has reported a 10.5 per cent net profit decline for the year ended March to $986 million, showing an about turn on the profit...

Published:Wednesday | June 2, 2010 | 12:00 AM

KINGSTOWN, St Vincent (CMC): The St Vincent and the Grenadines parliament has unanimously approved a motion in support of an Economic Union of the Organisation of Eastern Caribbean States (OECS)....

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