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Business

Published:Thursday | October 18, 2018 | 12:00 AM

Children born in Jamaica at this time will only be 54 per cent as productive when they reach the age of 18 as they could be if provided with complete education and full health, according to the human capital index, a new study launched by the World...

Published:Friday | October 19, 2018 | 12:00 AM

What can be done in your company to conduct fewer meetings of shorter length but higher quality?The fact is, bad ones take up precious collective time, diverting attention away from other activities. Most complain that they represent a significant...

Published:Friday | October 19, 2018 | 12:00 AM

A few days ago, the Organisation for Economic Cooperation and Development (OECD) warned all financial institutions that many citizenship by investment or CBI programmes that offer passports in exchange for large sums of money create the potential...

Published:Friday | October 19, 2018 | 12:00 AM

Cheapskates and low spenders aren't the ideal credit card customers for banks because they're typically not as profitable as fast-swiping spendthrifts who rack up finance charges. Still, banks offer credit cards with features that can fit well into...

Published:Friday | October 19, 2018 | 12:00 AM

More than two dozen countries have relaxed their marijuana or other drug laws, and a number could consider legalising in the not-too-distant future. The South American nation of Uruguay was first to legalise marijuana in 2013.Canada became the...

Published:Friday | October 19, 2018 | 12:00 AM

QUESTION:I am 26 years old. I have been working since October 2012. I was browsing the Internet checking to see if I could get advice and guidance on how to qualify for an NHT loan to own a home in Jamaica when I found an article that you wrote in...

Published:Wednesday | October 17, 2018 | 12:00 AM

The St Vincent & the Grenadines government says a trio of investors are taking over the Buccament Bay Resort, which has been closed since December 2016...

Published:Wednesday | October 17, 2018 | 12:00 AM

Americans love acronyms, everything from SCUBA to FUBAR to YOLO. Our vernacular is full of silly initials.A little more than a decade ago, one acronym almost brought our financial system to its knees. Known as, NINJA loans, it...

Published:Wednesday | October 17, 2018 | 12:00 AM

Kingston Wharves Limited has decided to foot the cost of a customs bond for importers of full container loads, including freight-forwarders, who want to...

Published:Wednesday | October 17, 2018 | 12:00 AM

Jamaica slid one spot in the ranking on the Global Competitiveness Index to 79 among 140 nations, despite an improvement in its score.The United States topped the list for the first time in years, followed by...

Published:Wednesday | October 17, 2018 | 12:00 AM

THE EDITOR, Sirs:I write with reference to your published article 'Judge's retirement nullifies $29b lawsuit: Richard Lake Case against NCB to be tried again' in last Friday's issue of the Financial Gleaner.Your article is...

Published:Wednesday | October 17, 2018 | 12:00 AM

Luxury bus company Knutsford Express Services Limited, which trades under the symbol KEX, is looking to the luxury and corporate market to boost earnings, atop the double-digit profit growth it...

Published:Thursday | October 18, 2018 | 12:00 AM

Guardsman Group now has a specialist cleaning arm branded as MOPS, or Masters of Property Sanitation.The company will offer both contract-based and one-off services for hospitals, hotel rooms, schools and office...

Published:Thursday | October 18, 2018 | 12:00 AM

The fight for local cement market share is about to get more intense.That's if the Haiti-based Gilbert Bigio Group, GB, follows through on a plan to build out a stronger footprint in Jamaica by...

Published:Thursday | October 18, 2018 | 12:00 AM

Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring...

Published:Thursday | October 18, 2018 | 12:00 AM

Less than two months before President Enrique Pena Nieto leaves offices his administration is seeking to shield itself from a corruption investigation that has the potential to sweep up federal...

Published:Thursday | October 18, 2018 | 12:00 AMSteven Jackson

  Microfinancing company Access Financial Services Limited is buying a consumer finance firm in Florida, United States, but is holding back on the details of the transaction until the deal receives regulatory approval.  The transaction is...

Published:Wednesday | October 17, 2018 | 12:00 AM

A protest by tens of thousands of people across Haiti turned violent Wednesday as anger grows over the alleged misuse of funds from an oil assistance programme sponsored by Venezuela.Gunshots rang out while protesters threw rocks, blocked roads and...

Published:Tuesday | October 16, 2018 | 12:00 AMNeville Graham/ Business Reporter

Facey Group is offering up nearly 92 million of the shares it holds in Seprod Limited for sale to stock market investors, but will retain a 17 per cent stake in the company.Both entities are members of the privately held Musson Jamaica conglomerate....

Published:Tuesday | October 16, 2018 | 12:00 AM

QUESTION: I recently started a part-time enterprise after a redundancy at my former workplace. I took a little less than two years to do so. I had been working 21 years at my previous employment. I decided to go back into the employment market, and...

Published:Thursday | October 11, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Local coffee exporters returned from Japan this month without any indication of pricing or deals from the large trading importers, which puts the US$25 million industry at a near standstill at least until Christmas.At the same time, the sector is...

Published:Tuesday | October 16, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Airport operator Grupo Aeroportuario del Pacifico, GAP, announced plans to invest US$60 million in the first three years of operating the Norman Manley International Airport, NMIA, according to stock market filings.Additionally, the Mexican company...

Published:Tuesday | October 16, 2018 | 12:00 AM

Microfinance company ISP Finance Services Limited has raised $75 million of debt for lending during its busy Christmas season.Existing funds available for lending were mostly utilised during the back-to-school period, the company said."We met the...

Published:Tuesday | October 16, 2018 | 12:00 AM

German law enforcement authorities added another chapter to Volkswagen's diesel scandal Tuesday by fining the company's luxury division Audi €800 million (US$925 million) for selling cars rigged to cheat on emissions tests.Prosecutors in Munich...

Published:Tuesday | October 16, 2018 | 12:00 AM

A jump in prescription drug sales and a sharply reduced tax bill boosted Johnson...

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