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...
Tank-Weld's distribution of Vulcan-made cement is harmful to the Jamaican market, but the Anti-Dumping and Subsidies Commission (ADSC), whose preliminary findings...
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...
The Trinidad government has fired the board of a state agency that oversees billions of dollars in public construction and is the subject of a corruption probe.Attorney General John Jeremie said the four-member board and senior staff at the Urban...
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...
Government has placed eight more properties owned by Jamaica Railway Corporation (JRC) on the market, bringing the total to 13, but says the land sales, which have already brought in close to half a billion dollars...
The rubble from Haiti's shattered capital is rising in heaps at the port, dumped for sorting and recycling by a fleet of heavy, exhaust-belching trucks.A tangle of twisted metal and broken blocks, it's an eyesore for now....
Christopher Williams, chief executive officer of Proven Investments Limited (PIL), says that the company is concentrating on building out its asset portfolio but will follow through on plans to go public...
Renault SA and Nissan Motor Company will unveil a wide-ranging three-way tie-up with German automaker Daimler AG today, Wednesday, aimed at bolstering their offerings in small, energy-efficient vehicles amid an industry slump that has ravaged the companies' earnings...
Housing Agency of Jamaica Limited (HAJ), the government-owned shelter company, has posted a profit for the first time since it was established 12 years ago....
Spirit Airlines will charge as much as US$45 each way for a carry-on bag, adding a fee that bigger airlines have yet to try.The charge will apply to bags in the overhead bin.Personal items that fit...
The International Monetary Fund (IMF) on Friday approved Grenada's request for US$13.3 million to help the government boost growth and strengthen the island's business climate. The funds, including US$1.9 million up front...
ACKEE EXPORT earnings have doubled in the past year, but sales are still below seven-year highs, an issue that processors point to, in claims that the market is performing well below its potential. Exporters generated...
A stalled mega-resort in The Bahamas seems back on track after a Chinese bank arranged a US$2.5 billion financing deal, a boost for the archipelago whose tourism-dependent economy has been slammed by the global slump. Developer Baha Mar Resorts Limited...
JBDC reports 30 per cent rise in new businessThe Jamaica Business Develop-ment Corporation (JBDC) is reporting a near 30 per cent increase in the number of persons seeking help to channel their entrepreneurial skills into start-ups.
People who lined up to buy the first iPhone knew what they were paying hundreds of dollars for a new cellphone that promised to be better. Apple Inc's newest gadget, the iPad tablet computer, falls into a category that's foreign to most people.
Another 605 serviced lots are to be prepared for sale at Perth, just outside Mandeville in Manchester, with developer Buildrite Construction Company in line for a $606.8-million contract to undertake infrastructure work on the project, which is to be phase one of the Perth Housing Development
Champion branch managers in the Mother's food chain, David Murray of Liguanea and Karen Beason of Spanish Town, celebrate after their stores came out on top in the awards for customer service.
Another high-profile resignation has hit embattled insurance giant Colonial Life Insurance Company Trinidad Limited (CLICO). Dr Euric Bobb cited "personal reasons" for his resignation as chairman of the board of directors last Wednesday.
The Commission of Strata Corporations, which will monitor and oversee strata corporations, should be up and running by next month, Sandra Watson, general manager of the Real Estate Board (REB), said last Wednesday.
There are times in business when small is good, according to the principals of Form Architects Limited, who say they have proven this maxim. Had Form been a bigger company with larger overhead costs, the company might not have survived 2009, they told Sunday Business.
CUNA Mutual Insurance Society has relaunched what it says is a unique product in its category - a payment protector rider which provides coverage for credit union members who suffer from temporary disability caused by accidents and medical reasons while servicing loans.
Despite making its 762 permanent workers redundant on Wednesday and halting production, the West Indies Alumina Company (Windalco) will honour its obligation regarding scholarships tenable at the tertiary level for children of the now former...
THE TEACHERS' professional revolving loan fund, which dried up in the last fiscal year, will be revitalised with an allocation of $95 million.Education Minister Andrew Holness told Parliament's Standing Finance...
