A small Jamaican firm that has made a name for itself providing technology-based solutions for some financial administration problems that plague schools has secured a United States government contract and an undisclosed amount of capital from American billionaire George Soros to transfer its expertise to a problem-plagued school-lunch programme in the West African nation of Ghana.
1. Buy gold. Gold tends to track crude prices, so the metal can be bought as a hedge against oil-led inflation. 2. Find a US dollar or Euro income source. Save and invest in hard currency.
Following through on the mantra of the GraceKennedy group to grow its core busi-nesses through the introduction of new products and services, the conglomerate's subsidiary banking business, First Global Bank, has placed two new credit cards on the market.
WESTERN BUREAU: The Ministry of Agriculture, in collaboration with the Jamaica Agricultural Society (JAS), has launched a new company to help farmers formulate and write business plans.The company, Agricultural Investment...
THE OPPOSITION People's National Party (PNP) is demanding answers from the Government regarding how revenue raised from the gas tax is being used.This follows Transport Minister Mike Henry's announcement that the share of the...
Danny Williams replaces Miller as Sagicor Life chairman - R. Danny Williams has been appointed chairman of Sagicor Life Jamaica (SLJ), the country's largest insurance company. Williams' appointment took effect February 1....
In the face of a whopping 485 per cent jump in breach of the rules of the Jamaica Stock Exchange (JSE) over the past two years, and last year's marked 43 per cent upswing in violations over the 2008 figure, market authorities have tightened the screws...
Patrick Hylton, the career banker who has presided over five straight years of profit growth at National Commercial Bank (NCB), is not about to apologise for the strong profits the Michael Lee...
SAN JUAN, Puerto Rico: Insurance company United America Indemnity Ltd has announced it wants to shift its legal home to Ireland from the Cayman Islands, continuing a trend of international companies seeking exits from Caribbean offshore financial...
One of the matters that need to be urgently addressed by the Golding administration is whether or not it is going to grant Caribbean Airlines exclusive national-carrier status for Jamaica in its current open skies bilateral agreements...
A reader emailed me. I offer the exchange in its entirety before making a few relevant comments: "Over the years, I have read many of your articles and found them balanced on most issues excepting those issues which relate to the previous PNP...
Prime Minister Bruce Golding's office is setting an example, which the head of government has already stated he wants others to follow, with the relocation of the Spectrum Management Authority from its swanky uptown location to more moderate...
Despite the challenging circumstances facing economies and businesses around the world, corporate leaders in the Caribbean and Latin America who do business with the United States are upbeat about the future, according to the latest Association of...
Three months into the winter tourist season, hotel operators say they have been cutting rates by as much as 65 per cent to attract tourists and keep occupancy levels up. While occupancy and revenue figures were not readily available to assess...
Jamaica's appeal judges have overturned a Revenue Court ruling that, barring a government challenge, will lead to the reimbursement of more than $2.27 billion in assessment and penalties that the listed Carreras Limited...
THE LONG-RUNNING television news feature Jamaica Magazine will soon be history. Come next month, the television news magazine that featured the work of government and cultural activities islandwide is to be replaced by two shorter programmes....
During a press conference on Monday to outline the Jamaica Airline Pilots Association's (JALPA) drive to purchase Air Jamaica, its combative spokesman, Russell Capleton, addressed a roomful of vocal supporters....
Published:Wednesday | February 17, 2010 | 12:00 AM
Jamaica National Building Society (JN) is hoping to see a growth in several of its markets this year, particularly in remittances, its boss, Earl Jarrett, has said. During a recent...
Published:Wednesday | February 17, 2010 | 12:00 AM
ST JOHN'S Antigua (CMC):The Antigua and Barbuda government has signalled its intention to shed state-owned entities, with the signing of a deal for an international broker to lead the process to divest State Insurance Corporation (SIC).The Baldwin...
Published:Wednesday | February 17, 2010 | 12:00 AM
UNIVERSITY CENTER, Michigan (AP):The year-old federal Recovery Act that has pumped billions in stimulus dollars into economically devastated states such as Michigan is working well, Vice President Joe...
Published:Wednesday | February 17, 2010 | 12:00 AM
TORONTO (AP):Canada is tightening mortgage lending rules as historic low rates are raising fears of a potential housing bubble, the country's finance minister said Tuesday.Finance Minister Jim Flaherty said there is no compelling evidence of a bubble...
Published:Wednesday | February 17, 2010 | 12:00 AM
The year 1938 is significant for Frome, Westmoreland, not only because it was the year worker unrest started on a sugar estate in that western area of the country, fomented...
Published:Wednesday | February 17, 2010 | 12:00 AM
SAN JUAN, Puerto Rico (AP):Victims of the global fraud alleg Allen Stanford have filed a class-action lawsuit against the Eastern Caribbean Central Bank, five regional financial institutions and the government of Antigua and Barbudaedly run by fallen financier R.
Published:Wednesday | February 17, 2010 | 12:00 AM
IF you have received a scholarship to complete career training, you might have been bonded to work in the island for a number of years.The bonding policy of the Government of Jamaica applies to those who have received assistance through the Government...
Published:Wednesday | February 17, 2010 | 12:00 AM
The country's economic performance monitor, the Planning Institute of Jamaica (PIOJ), yesterday reported that the Jamaican economy continues to contract with real gross domestic product (GDP) falling 2.5 per cent between October and December 2009 quarte...
