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Business

Published:Friday | April 23, 2010 | 12:00 AM

Access Financial Services Limited got the go-ahead from shareholders Wednesday for a 10-way split of the stock, the value of which has almost doubled since its October 2009 debut on the junior exchange.

Published:Friday | April 23, 2010 | 12:00 AM

If 1989 saw the end of the 'Second World' with communism's demise, then 2009 saw the end of what was known as the 'Third World'. We are now in a new, fast-evolving multipolar world economy - where north and south, east and west, are now points on a compass, not economic destinies.

Published:Friday | April 23, 2010 | 12:00 AM

The bombshell dropped last week. 'Securities and Exchange Commission, Plaintiff v. Goldman Sachs & Co and Fabrice Tourre, Defendants' [Jury Trial Demanded]. Complaint: Securities Fraud - brought by the United States (US) regulator against the world's richest, most powerful investment bank.

Published:Thursday | April 22, 2010 | 12:00 AM

Thousand of mourners gathered at the St Andrew Parish Church, Half-Way Tree, yesterday to remember the impeccable work of financial expert and businessman Roy Collister.

Published:Thursday | April 22, 2010 | 12:00 AM

Latin America is poised for 4.1 per cent growth in the coming year, making it among the most robust regional economies to emerge from the global recession, the IMF said in a report released Wednesday.

Published:Thursday | April 22, 2010 | 12:00 AM

University professor Alvin Wint has been selected to chair the commission which will conduct an enquiry into the sugar industry. He will be supported by fellow commissioners Marjorie Henriques, a former director general of the Planning Institute of Jamaica, and accountant Wilfred Bagaloo.

Published:Wednesday | April 21, 2010 | 12:00 AM

The Frome, Monymusk and Bernard Lodge sugar factories are still on the auction block, but Prime Minister Bruce Golding suggested Tuesday that a deal for their divestment was still possible.

Published:Wednesday | April 21, 2010 | 12:00 AM

At least three Jamaican exporters of perishables to the European market are now looking for local buyers of produce held hostage the ash-spewing volcano in Iceland.

Published:Wednesday | April 21, 2010 | 12:00 AM

Victoria Mutual Building Society (VMBS) has expanded its overseas office network to the United States, opening a small office last month in Miami Gardens, Florida.The building society has long had a presence in the United Kingdom, at Brixton, Tottenham,...

Published:Wednesday | April 21, 2010 | 12:00 AM

CARICOM, at the request of its Council for Trade and Economic Development (COTED), is overseeing the compilation of agriculture production and demand inside the Caribbean bloc.Jamaica's Permanent Secretary in the Ministry of...

Published:Wednesday | April 21, 2010 | 12:00 AM

Alcoa Inc has three months in which to make a counter-offer for Jamaica's minority stake in the Jamalco Refinery, which Prime Minister Bruce Golding has now confirmed is being sold to Zhuhai Hong Fan Trading of China.

Published:Wednesday | April 21, 2010 | 12:00 AM

Dr Damien King, economist and senior research fellow at think tank Caribbean Policy Research Institute (CaPRI), has concluded that the Jamaica bond exchange programme (the JDX) will...

Published:Wednesday | April 21, 2010 | 12:00 AM

To keep the lid on operating expenses for micro, small and medium companies, the advisory and lobbying group MSME Alliance has introduced a new scheme that offers discounts on inputs while promoting trade among members within its network.There is a...

Published:Wednesday | April 21, 2010 | 12:00 AM

The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly than initially expected.

Published:Wednesday | April 21, 2010 | 12:00 AM

Many European flights took to the skies Tuesday for the first time in days but the travel chaos was far from over.London's airports - among the busiest in Europe and a major worldwide hub - are likely to stay closed until today, Wednesday, and...

Published:Wednesday | April 21, 2010 | 12:00 AM

Britain's financial regulator launched a full-blown investigation into Goldman Sachs International on Tuesday, after United States authorities filed civil fraud charges against its parent bank.The announcement from the...

Published:Wednesday | April 21, 2010 | 12:00 AM

The Securities and Exchange Commission (SEC) knew since 1997 that R. Allen Stanford likely was operating a Ponzi scheme but waited 12 years to bring fraud charges against the billionaire, the agency inspector general said last Friday.

Published:Wednesday | April 21, 2010 | 12:00 AM

The staff of a daily newspaper owned by jailed Texas financier Allen Stanford is still putting out the paper despite an announcement that it would close, an editor said Monday.Employees of the Antigua Sun returned without pay because they want to keep...

Published:Wednesday | April 21, 2010 | 12:00 AM

A bank founded six years ago in the Turks and Caicos Islands has been shuttered and its accounts frozen by regulators, a victim of non-performing loans and recent sizeable withdrawals, officials...

Published:Tuesday | April 20, 2010 | 12:00 AM

As airline losses from the volcanic ash cloud spiralled over US$1 billion on Monday, the industry demanded European Union (EU) compensation and criticised European governments for relying too much on scientific theory - not fact - in their decisions to shut down airspace across the continent.

Published:Tuesday | April 20, 2010 | 12:00 AM

Incoming managing director of the National Housing Trust (NHT), Annette Watson, is expected to pilot across-the-board changes in the way the organisation does business with contributors.

Published:Monday | April 19, 2010 | 12:00 AM

The Jamaica Stock Exchange has launched an e-learning campus that will allow professionals to gain a post-graduate diploma in financial management as part of the exchange thrust to promoting financial literacy and product diversification....

Published:Monday | April 19, 2010 | 12:00 AM

OPPOSITION LEADER Portia Simpson Miller is clamouring for a more inclusive approach by the Golding administration to achieving economic growth and job creation, which she indicated had eluded the Government to date.

Published:Monday | April 19, 2010 | 12:00 AM

Tourism officials were ecstatic last Thursday after getting word that Jamaica has been selected to host Caribbean Marketplace 2011, widely regarded as the biggest tourism event in the region."This fits in perfectly with our strategy to grow tourism in...

Published:Monday | April 19, 2010 | 12:00 AM

The St Ann Chamber of Commerce has emerged top chamber for 2009, the fifth time the parish is receiving the honour since it first won the award in 2001....

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