Business

Tetley Tea Company Jamaica Limited (TTCJ), another small family company run by general manager John Mahfood, has announced plans to launch an initial public offering in the by end of the second quarter...

Government's wage bill for the coming year will rise as high as $138.35 billion, more than one-third of which will be paid out to teachers and other groups under the education ministry's portfolio, a review of the National Budget shows....

More than 56,000 taxpayers have filed their returns within the March 15 deadline, according to Tax Administration Services Department (TASD), which says a fifth of the number, 11,242, are organisations. The other 44,786 are self-employed individuals - a...

Zhejiang Geely Holding Group has signed a binding deal to buy Ford Motor Company's Volvo Cars unit for US$1.8 billion, representing a coup for the independent Chinese automaker which is aiming to expand in Europe.The purchase gives Geely a European...

Discussions are ongoing as to whether the Love-bird Keycard, issued by National Commercial Bank of Jamaica (NCB), will survive Air Jamaica's exit from aviation on April 12.

For the first time, the Ministry of Finance has included an accounting of public-sector bodies, summarising their accounts in a side document tabled alongside the national Budget on Thursday.Minister of Finance and the Public...

On or around May 6, the United Kingdom will have a general election.Its outcome is far from certain.

National Commercial Bank (NCB) on Wednesday, in partnership with the Ministry of Agriculture and Fisheries, launched a new loan product that offers farmers up to $2 million of credit at nine per cent interest per annum, the cheapest to hit the...

The offer of shares in Blue Power Group Limited, which is in the business of soap manufacturing and retail hardware, was oversubscribed one minute after placement.

Excerpts of Chapter three of former chairman of the Eagle Group of Companies, Dr Paul Chen-Young's, written testimony to the FINSAC enquiry.It has to be assumed that the term 'borrowers' refers to all banks and life...

Having made a US$600-million bet on Jamaica, the Inter-American Development Bank (IDB) is signalling that it expects the Bruce Golding administration to make tough political choices on which economic projects and programmes...

At the signing of the United States (US) health-care reform bill into law, President Barack Obama, commenting on the difficulties and obstacles faced by US lawmakers recognised that in a country as diverse as...