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Business

Published:Friday | January 3, 2014 | 12:00 AM

The National Union of Public Workers (NUPW) has accused the Freundel Stuart government of using technical manoeuvers ahead of the January 15 date for trimming the public service by an estimated 3,000.NUPW General Secretary Dennis Clarke said as many as...

Published:Friday | January 3, 2014 | 12:00 AM

The number of Americans seeking unemployment benefits dipped 2,000 last week to a seasonally adjusted 339,000, evidence that layoffs are low and hiring will likely remain steady....

Published:Friday | January 3, 2014 | 12:00 AM

Shares in Fiat soared on Thursday on the news the Italian automaker will take full ownership of Chrysler, but some Italian unions worried what the deal will mean for jobs and investments in the country....

Published:Friday | January 3, 2014 | 12:00 AM

Attorney-at-law Michael Drakulich, developer of the Ocho Rios, St Ann-based enterprise Mystic Mountain, is preparing to place 65 new residential units on the market this year and start...

Published:Friday | January 3, 2014 | 12:00 AM

With Jamaicans buying more retread tyres, the Jamaica Ultimate Tyre Company Limited is expecting a record year and profits by financial year end March 2014.General Manager Kenry Jackson reported last week that with...

Published:Friday | January 3, 2014 | 12:00 AM

The issue of economic growth is now firmly at the centre of most conversations on the economy, thanks to the consistency of comments by business writers and commentators, and business organisations such as the Jamaica Manufacturers' Association...

Published:Friday | January 3, 2014 | 12:00 AM

If Jamaica looks to Haiti, it, too, could produce high-tech tablet computers for the local and export markets, according to Brian Pengelley, president of the Jamaica Manufacturers' Association (JMA).He was responding...

Published:Friday | January 3, 2014 | 12:00 AM

In order to qualify for the proposed increase in United States dollar investment holdings, pension funds and security dealers will have to provide the central bank with investment projections...

Published:Friday | January 3, 2014 | 12:00 AM

Chief executive officer of the Port Authority of Jamaica, Professor Gordon Shirley has taken up the post of chairman of the GraceKennedy Group.In February last year, GraceKennedy Chairman Douglas Orane announced that Professor Shirley would succeed him...

Published:Friday | January 3, 2014 | 12:00 AM

Unregulated companies and self-employed individuals engaged in a trade, vocation or profession are now entitled to claim a non-refundable Employment Tax Credit (ETC) when computing their net income tax liability....

Published:Friday | January 3, 2014 | 12:00 AM

National Commercial Bank Jamaica Limited (NCBJ) announced yesterday that it has launched a new credit card insurance product in collaboration with NCB Insurance Company (NCBIC).The bank said it is offering insurance coverage on outstanding credit-card...

Published:Friday | January 3, 2014 | 12:00 AM

Chief executive officer of the Companies Office of Jamaica and Registrar of Companies, Judith Ramlogan, said the fees for using the Security in Personal Property registry, which began operations yesterday, will not be prohibitive....

Published:Friday | January 3, 2014 | 12:00 AM

With 20 of 32 of Jamaica's Business Process Outsourcing (BPO) companies located in Montego Bay, St James, members of the industry said the city's appeal is connected not just its status as a tourist resort...

Published:Thursday | January 2, 2014 | 12:00 AM

On Saturday, December 7, the ATL team visited with girls from the Wortley Home, Constant Spring Road, to spread the spirit of Christmas.

Published:Thursday | January 2, 2014 | 12:00 AM

AAMM Co-operative Credit Union recently spent $1m to renovate the Albert Street Basic School, located in the inner-city community of Franklyn Town, Kingston...

Published:Thursday | January 2, 2014 | 12:00 AM

PROVEN Wealth Limited's President & CEO Chorvelle Johnson and branch manager for Mandeville, Natalie Shim, presented a new refrigerator to the Spaldings Primary School recently. Johnson, a past student of the school...

Published:Wednesday | January 1, 2014 | 12:00 AM

The cash-strapped regional airline, LIAT, says it should be regarded as an essential service and warned that disruption to its services could endanger life and jeopardise Caribbean economies."Typically,...

Published:Wednesday | January 1, 2014 | 12:00 AM

A high-level steering committee has been established to provide oversight in the setting up of a Trust arrangement to mitigate the risks to securities dealers retail repurchase clients.The Trust will hold the underlying securities on behalf of clients...

Published:Wednesday | January 1, 2014 | 12:00 AM

Amendments to the Bank of Jamaica (BOJ) Act to strengthen the governance and autonomy of the monetary authority are currently being considered and a Cabinet decision on the way forward is envisaged by May 2014.That is part of the key recommendations...

Published:Wednesday | January 1, 2014 | 12:00 AM

The Florida, United States-based logistics management and package delivery company, Aeropost, has partnered with a Polish company to invest more than J$150 million in a new parcel locker system in Jamaica.However, the partnership in the parcel locker...

Published:Wednesday | January 1, 2014 | 12:00 AM

The Bank of Jamaica (BOJ) said that as part of the effort to facilitate the introduction of collective investment schemes (CIS) in 2014, it is lifting the limit on investments in foreign currency securities, which currently applies to securities dealers...

Published:Wednesday | January 1, 2014 | 12:00 AM

When Latvia adopts the euro on January 1, it will bring with it a banking sector that is swelling with suspicious money from Russia and the east - just as the currency bloc is trying to clamp down on such havens.It was just nine months ago...

Published:Wednesday | January 1, 2014 | 12:00 AM

The Couples Resort group which owns prime beachfront property at Harmony Hall, Trelawny, has placed on the market 40 acres of land adjacent the planned Harmony Cove project, which is among contenders for integrated resort development designation ...

Published:Wednesday | January 1, 2014 | 12:00 AM

Proven Wealth Limited, brokers for Knutsford Express Services Limited, said the company's initial public offering, which opened and closed last Friday, was fully subscribed.The company, which operates the Knutsford Express transportation service from...

Published:Wednesday | January 1, 2014 | 12:00 AM

The Eastern Caribbean Civil Aviation Authority has launched an investigation into the circumstances under which a Virgin Airways aircraft was substantially damaged while landing at the Hewanorra International Airport last week....

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