Business

Audley Shaw, minister of finance and the public service, opened the 2010-11 Budget Debate Thursday on a sombre note stating that the previous fiscal year had been difficult and that the Government had to take "serious and tough measures to secure the...

LIME Jamaica has added to its mobile broadband offerings a USB modem that allows wireless connection via laptops on a prepaid 'pay-as-you-go' plan.Prepaid Mobile Internet is also available to smartphones users.Subscriptions to the plan range from $300...

Marcia Williams of Clarendon has been farming ackee since 2004, on family land, picking fruit from her own trees and buying from other farmers, as well as selling to local processors.For Williams, the crop, which brought processors $1.2 billion in...

CRITICISMS BY some analysts that the 2010-2011 Budget was not credible have irked Finance and Public Service Minister Audley Shaw who yesterday dismissed comments from his detractors.

Cabinet has given its go-ahead for the drafting of amendments to cut down on penalties against late payment of income tax, and to clarify aspects of the general consumption tax (GCT) Act, a move the government hopes will make it easier for delinquent...

Independent power company, Jamaica Energy Partners (JEP), has landed a deal with the Office of Utilities Regulation (OUR) to build out an additional 65.5 megawatts of power supply to the national grid. But OUR said...

Commercial banks are going head-to-head to grow revenues by reeling in more small-business operators to their suite of loan products with a recent flurry of credit cards targeting this category of business people....

Wilberne Persaud, in his column of April 1, after outlining the sequence of actions in what appears to be accounting window dressing by Lehman Brothers, posed the question as to what will be the response of the regulatory authorities in the United...

One manager for SDF, IPL - Major Desmon Brown, the general manager of Independence Park Limited, has been put in charge of the Sports Development Foundation (SDF), but on a temporary basis....

Coming close on the heels of a Caribbean expansion with the setting up of its latest stand-alone, full-service office in Grenada last December, regional insurance broker CGM Gallagher Group has acquired the commercial portfolio...

Dr Euric Bobb has resigned his seat at Lascelles deMercado & Company Limited, effective March 31, making history as one of the shortest directorships on a Jamaican corporate board.Bobb, who joined the board after Lascelles' March 4 annual...

Alan Greenspan defended his tenure Wednesday as head of the United States Federal Reserve before a panel investigating the roots of the financial crisis.As he has in the past, Greenspan disputed critics who say he...