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Business

Published:Sunday | May 16, 2010 | 12:00 AM

Apart from heavy trading in blue-chip stocks, NCBJ, 63 million units, and JBG, 11 million units on Tuesday and Wednesday, respectively, trading activity continued to be low-key.

Published:Sunday | May 16, 2010 | 12:00 AM

Churches Cooperative Credit Union Limited (CCCU) is positioning to snap up smaller competing agencies which are expected to become merger or acquisition targets, as new central bank rules are implemented...

Published:Sunday | May 16, 2010 | 12:00 AM

Despite the poor take-up of its previous energy line of credit, the Development Bank of Jamaica (DBJ) is ready to roll out $500 million in loan funding under the DBJ/PetroCaribe Small and Medium Enterprises (SME) Energy Fund to...

Published:Sunday | May 16, 2010 | 12:00 AM

Question: I was involved in a motor accident about 10 years ago.

Published:Sunday | May 16, 2010 | 12:00 AM

Local telecomS firms are all awaiting the Government's next move to pass laws required to give teeth to its plan for a system of mandatory registration of subscriber information (MSRI) in Jamaica, but already, one company, Claro, is throwing its unconditional support behind the move, even as its competitors, Digicel and LIME, adopt a more a cautious tone.

Published:Sunday | May 16, 2010 | 12:00 AM

Anishka Clarke has exchanged a career as a financial adviser for that of interior design, swapping cold numbers for what appears to be the warmer, more exciting world of colour and form.

Published:Sunday | May 16, 2010 | 12:00 AM

When the oil rig the Deepwater Horizon sank in flames on April 20, few could have imagined that three weeks later, the well would continue to spew crude oil into the Gulf of Mexico and threaten the coastal economies of the southern United States and their reputations as holiday destinations.

Published:Sunday | May 16, 2010 | 12:00 AM

Following through on a plan to offset loss of other income and rising operational costs, National Commercial Bank (NCB) has increased transaction fees across the board by up to 100 per cent, with no distinction made for business conducted in-branch or through electronic channels.

Published:Sunday | May 16, 2010 | 12:00 AM

Hugh Reid has been appointed general manager of Scotia Jamaica Life Insurance Company (SJLIC), filling a vacancy created last October by the promotion of Jacqueline Sharp to chief financial officer of the Scotia Group.

Published:Sunday | May 16, 2010 | 12:00 AM

COK Sodality Cooperative Credit Union is reporting abnormal growth in delinquent loans to levels that now pose a threat to the agency's financial health.

Published:Saturday | May 15, 2010 | 12:00 AM

One hundred and fifty teachers from schools in Spring Village and surrounding districts spent the better part of Teachers' Day in a relaxed environment away from the daily rigours of the classroom, where they were entertained and provided with a scrumptious meal.

Published:Saturday | May 15, 2010 | 12:00 AM

Should Jamaica's private sector be willing to accept more responsibility to prevent crime? Three-time crime victim and popular lifestyle consultant and nutritionist, Dr Heather Little-White certainly feels so.

Published:Friday | May 14, 2010 | 12:00 AM

IT HAS been a long, slow slog since Haiti was jolted to its core by a deadly earthquake four months ago. Now at the fabled Barbancourt rum plant, the sweet waft of production is back in the air.

Published:Friday | May 14, 2010 | 12:00 AM

An offshore natural-gas platform sank off Venezuela on Thursday, and 95 workers were rescued safely, the government said. All of the workers on the Aban Pearl platform off eastern Sucre state were safely evacuated, and the sinking poses no threat...

Published:Friday | May 14, 2010 | 12:00 AM

Jamaica's prospects for economic recovery have improved significantly, particularly in a post-Jamaica Debt Exchange (JDX) period with relative stability in exchange rates...

Published:Friday | May 14, 2010 | 12:00 AM

Scotiabank Jamaica has spliced more than two percentage points off its base lending rate, pushing the cost of its credit to a five-year low, the bank said Thursday. The move to cut the interest rate to 17.75 per cent on retail credit, which takes effect...

Published:Friday | May 14, 2010 | 12:00 AM

Jamaica's largest private mortgage lender is actively lobbying the state-owned National Housing Trust (NHT) to outsource the management of its mortgage portfolio, which generates about J$10 billion of new business each...

Published:Friday | May 14, 2010 | 12:00 AM

Barita Investments Limited came close to doubling its net interest income in the half-year ending March 2010, but a confluence of increased administrative expenses, reduced foreign-exchange gains and dividend income, slightly offset by gains on the sale...

Published:Friday | May 14, 2010 | 12:00 AM

Jamaica Trade and Invest, which has now reclaimed its old name, Jampro, will be transforming some 7,000 square feet of space at its head office in New Kingston into a computerised Business Hub. Karl Samuda, minister of investment...

Published:Friday | May 14, 2010 | 12:00 AM

Merely two years ago, it was perfectly routine and effortless to park funds in United States dollars, sterling or euros almost anywhere and feel comfortable. Sovereign debt of newer European Union member countries was good investment....

Published:Friday | May 14, 2010 | 12:00 AM

Guardian Holdings Limited's decision to sever ties with its loss-making European business is paying off for the company whose bottom line in the March quarter sported a robust TT$150 million in profit, net of write-offs from discontinued operations....

Published:Friday | May 14, 2010 | 12:00 AM

The €720 billion of government-backed loan guarantees by European Union (EU) governments and, even more important, an open-ended commitment to buy European sovereign bonds by the European Central Bank (ECB)...

Published:Thursday | May 13, 2010 | 12:00 AM

WESTERN BUREAU: The wave of crime and violence in Jamaica did not go unnoticed at the Jamaica Hotel and Tourist Association's (JHTA) 49th staging of Jamaica Product Exchange (JAPEX), as president Wayne Cummings chastised...

Published:Thursday | May 13, 2010 | 12:00 AM

The busiest airport in the Dominican Republic will receive several upgrades, including a new US$30-million runway. A new terminal at the Punta Cana airport also will be built to handle what the government anticipates will be a seven per cent increase...

Published:Wednesday | May 12, 2010 | 12:00 AM

A year after leaders at a summit of the G20 nations declared an end to the era of bank secrecy, most of the countries targeted as tax havens have, one by one, been taken off the list of offenders.But for many critics, the banking world is still a long...

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