Insurance firm CGI Holdings said it is nearing a deal for the purchase of CLICO International General Insurance Company Limited's operations in Barbados and the Organisation of Eastern Caribbean States (OECS).
The Inter-American Development Bank (IDB) said Monday it has agreed to forgive US$479 million in debts owed by quake-ravaged Haiti.Bank President Luis Alberto Moreno said the bank's board of governors voted to forgive the debt...
The supplier market for individual retirement account (IRA) products continues to grow, with NCB Insurance Company Limited (NCBIC) on Tuesday putting out its own 'Smart Retirement' plan....
Neville Malcolm, resident at the Marie Atkins Night Shelter in downtown Kingston, says he isn't going anywhere anytime soon. Malcolm was one of the residents who took part last Wednesday in LIME's Kindness Day across the Caribbean....
The Government's debt-exchange programme will deny pensioners the benefit of nearly a quarter of the interest the National Insurance Fund (NIF) was due to raise from government bonds.Labour Minister Pearnel Charles last week...
Jamaicans have been noticing that several of the grocery items they buy no longer look and taste the same, and several persons have taken their complaints of misleading packaging and...
This month, senior Caribbean officials will meet in Jamaica with their European counterparts to consider the nature of the future Cariforum-European Union relationship.Their objective is to develop a first outline of a...
Question: I have owned a 2000 Toyota Corolla station wagon for the last four years. I use it in connection with my business. Three companies have insured it for short periods of time. All have subsequently cancelled the insurance. They say this is because I am using the vehicle as a 'robot' taxi. I am the sole driver and do not use it in the way they say. I
Sharon Lowe has operated an interior decoration business for eight years. For a time, business was good, but then 2008 happened. Jamaica was in full-blown recession.
Julie, whose last name is withheld on request, disagrees with the Students' Loan Bureau (SLB) on several issues related to a loan she received from the education-financing body for two years of study dating back to 1996.While Sunday Business has not...
ST CATHERINE:Top Mountain Limited, a community-based income-generating enterprise located in St Catherine, has given residents hope by using resources that would normally go to waste as a means of economic...
Chapter Two on 'Banking and life insurance industries' of the submission of former chairman of the Eagle Group of Companies, Dr Paul Chen-Young, to the FINSAC enquiry.The phrase 'bailout of the banking...
The Editor, Sir:We are deeply disappointed at the level of false information contained in the lead article of your Financial Gleaner of February 26, 2010.To begin with:• There was no governmental intervention...
On March 11, Aton R. Valukas, examiner for the United States Bankruptcy Court Southern District of New York, presented a nine-volume, 2,200-page report in the Lehman Brothers Chapter 11 matter...
American victims of the Stanford Financial Group are pressing for the blocking of funding and a travel boycott of Antigua and Barbuda, in a sustained campaign to have the superpower ...
Dalma James, liquidator for UGI Finance and Investments Limited (UGIFIL), says counting the assets of the 13-year-old company is taking longer than expected, but that he would likely meet with creditors within...
Caribbean Airlines officials continue to interview Air Jamaica staff from as-yet-to-be-determined positions in the new 'Air Jamaica/Caribbean Airlines' entity...
The National Insurance Fund's (NIF) participation in the Jamaica Debt Exchange (JDX) will cost it $1.2 billion in the coming fiscal year, Labour Minister Pearnel Charles disclosed in Parliament Tuesday....
The Appeal court has given American businessman Richard Vasconcellos the green light to recover more than US$546,000 from local firm Jamaica Steel Works and its principals...
Nearly insolvent and still strapped for cash, Jamaica's sugar sector has identified a lifeline in a three-year-old trade deal whose provisions allow for a drawdown of €17 million...
National carrier Air Jamaica this week laid off 10 pilots and 100 flight attendants, but union representatives said Thursday that the cuts were expected and not directly associated with the pending deal with Caribbean...
Jamaica Broilers Group Limited (JBG) ethanol sales have plunged to half the levels of a year ago, truncating sales by $4 billion - a result of erratic demand.JBG attributes the performance ...
75 per cent already soldThe 2010 JMA/JEA expo will cost $20 million to stage, its organisers said Tuesday at the launch of the annual event, whose theme this year is 'Brand Jamaica to the World'.Jamaica Manufacturers' Association (JMA) and Jamaica...
