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Business

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)....

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

ALL WORK environments are not created equal. Working in the private and public sectors can often seem like worlds apart. Generally, private corporations are run more efficiently and with greater accountability, since their survival is inextricably tied...

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

As business returns to the downtown Kingston area following days of violence there, the losses from missed sales and property damage for operators in the shopping district continue to climb, with projections from the mainly medium to big-business...

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

Meeting the 150 per cent state-imposed statutory minimum asset test (MAT) requirement this year, up from the 135 per cent benchmark last year, may not be enough for the country's 12 general insurance companies, which among themselves boast total assets of $193.4 billion...

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

BRASILIA, Brazil (CMC):The United Nations' Economic Commission for Latin America and the Caribbean (ECLAC) is predicting slower economic growth for the region this year.Deputy Executive Secretary...

Published:Tuesday | June 1, 2010 | 12:00 AM

Transport and Works Minister Mike Henry is lauding employees within the public transportation sector in the Kingston Metropolitan Transport Region (KMTR) who stuck to their task to keep transportation going despite the challenges brought...

Published:Tuesday | June 1, 2010 | 12:00 AM

With BP making yet another attempt to stem the flow from a blown-out Gulf of Mexico oil well - this time only to contain the leak, not stop it - signs point to August before any real end is in sight.Responding to suggestions that the military should...

Published:Tuesday | June 1, 2010 | 12:00 AM

Executives in the regional shipping industry have declared the ninth Caribbean Shipping Executives Conference a success. Held at the Marriott hotel in Willemstad, Curaçao, from May 17 to 19, more than 200 executives in the industry gathered to address...

Published:Tuesday | June 1, 2010 | 12:00 AM

Dominique Strauss-Kahn, managing director of the International Mone-tary Fund (IMF), says that the effect of the global economic crisis on the region has been uneven.Addressing the Third Meeting of Finance Ministers of the Americas and the Caribbean,...

Published:Monday | May 31, 2010 | 12:00 AM

The Ministry of Agriculture and Fisheries is seeking to make the process of starting an agricultural enterprise easier, with the creation of the Agro Investment Corporation. Started in October 2009, the Corporation is the business facilitation...

Published:Monday | May 31, 2010 | 12:00 AM

WESTERN BUREAU: Tourism Minister Edmund Bartlett says the country stands to lose US$350 million in earnings because of the unrest in Kingston last week resulting from the attack on the state by criminals seeking to block the arrest of Christopher 'Dudus' Coke....

Published:Monday | May 31, 2010 | 12:00 AM

The Jamaican Biennial Diaspora Convention scheduled for June 14-17 at the Sunset Jamaica Grande Hotel, Ocho Rios, St Ann, has been postponed until further notice.

Published:Sunday | May 30, 2010 | 12:00 AM

A lucrative marketing deal with elite United States-based coffee house Starbucks could serve as a cushion to the blow Jamaica's high-end-earning coffee industry is expected to suffer from a US$12 million, or more than J$1 billion, plunge in sales, resulting from the extended drought conditions of the past several months.

Published:Sunday | May 30, 2010 | 12:00 AM

Alexander Archer is a goat farmer in Clarendon who closed his Spanish Town supermarket to invest in agriculture. He borrowed $4 million from the Development Bank of Jamaica (DBJ) in 2006 at 13 per cent interest for seven years, to introduce solar energy on his property and also improve other areas of farm management.

Published:Sunday | May 30, 2010 | 12:00 AM

Question: Can you kindly advise me on the following situations?

Published:Sunday | May 30, 2010 | 12:00 AM

While the governing body for the local coffee industry, the Coffee Industry Board (CIB), has embarked on a programme to cultivate other markets apart from Japan, the predominant destination for Jamaican premium coffee, the board and its main trading partners in that Asian market, have come up with a scheme to improve the profile of the product there.

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