Business

Antigua, US developer partner on new hotel Antigua and a United States joint venture have signed a deal to build a five-star resort on state-controlled land on the island's east coast.

Three months into a more aggressive push for foreign sales, Trade Winds Citrus Limited, makers of Tru-Juice, are reporting a 15 per cent surge in business in its overseas market, even while it struggles to maintain hold on its self-proclaimed 70 per...

One of my lawyer friends, whose record at the Bar is pretty good, emailed me with subject 'Chen-Young v Persaud' regarding Paul Chen-Young's March 1 letter published in The Gleaner, 'Answering Wilberne...

Stewart steps down from SVL - Janette Stewart, whose late husband was a co-founder of Supreme Ventures Limited, has resigned from the company's board.Simultaneously, two new directors have been added - Steven Hudson and Georgios Sampson...

Moody's ratings agency on Tuesday, acknowledging the smooth execution of the multibillion-dollar debt exchange programme, pronounced that it was upgrading the credit score on Jamaica's sovereign bonds to B3 - the third to do so in the past two weeks...

Jamaica Producers Group (JP) stock shot up more than 10 per cent in market trading Wednesday on the back of a better-than-expected earnings report that saw the company shaking off more than $2 billion of losses to return a profit of $210 million...

LAWMAKERS YESTERDAY gave the nod to the Casino Gaming Bill and on Tuesday passed amendments to the Betting, Gaming and Lotteries Act.The casino bill was passed with 52 adjustments while the Betting, Gaming and Lotteries Act had 34 amendments...

Greece announced painful new austerity measures on Wednesday, cutting salaries for government workers and raising taxes at the sales register, winning approval from the European Union (EU) as it tries to snuff out a financial crisis that threatens...

Telecoms regulator, the Office of Utilities Regulation (OUR), has circulated a draft three-year corporate plan that is drawing flak from two of Jamaica's top players in the industry. The OUR is proposing in its 2010-2013 plan...

If you are currently unemployed, perhaps you will have to prepare yourself to be retrained in order to put food on your table and to protect your savings. Minister of Labour Pearnel Charles has stated that Jamaica continues to experience...

Bank of Canada leaves key rate unchanged - Canada's central bank is holding its key interest rate at a record-low 0.25 per cent and is reaffirming that it expects it will keep the rate there until the middle of this year...

Kingston Properties Limited (KPREIT), Jamaica's only real estate invest ment trust, said it has entered into a binding agreement to purchase commercial property on Hagley Park Road in Kingston."It is a warehouse/office building currently being used...