Published:Wednesday | December 11, 2013 | 12:00 AM
The Tax Incentive Programme (TIP) administered by the Urban Development Corporation (UDC) will survive tax reform, the finance ministry advised on Wednesday, but its beneficiaries will be denied access to offerings under the new laws.TIP offers tax...
Published:Wednesday | December 11, 2013 | 12:00 AM
Creative entrepreneurs are not by-products of development.They are job creators and critical drivers of it. For Latin America, where productivity growth has remained lacklustre even during the recent commodity...
Published:Wednesday | December 11, 2013 | 12:00 AM
The Brazilian ambassador to Jamaica is urging the local private sector to look to his country for market opportunities and as a conduit to joint-venture initiatives in other jurisdictions. The trade deficit between...
Published:Wednesday | December 11, 2013 | 12:00 AM
In a state with an appetite for alcohol, a Charleston distiller is using home-grown sugar cane to make a type of rum seldom produced in the United States.Last week, workers gathered on a farm in Dorchester County and stoked up an almost 100-year-old...
Published:Wednesday | December 11, 2013 | 12:00 AM
Poverty in Latin America and the Caribbean is now easing at a slower pace, the United Nations's (UN) regional economic body said last Thursday, calling on governments to make policy changes that encourage growth while reducing the huge gap between ...
American Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner as the two completed their deal Monday to create the world's biggest airline.It's the latest in a series of mergers that will leave four...
European air and defence company EADS, the parent company of Airbus, said Monday it is cutting 5,800 jobs over the next two years, as part of a major overhaul to reduce costs and refocus on civil aviation.The company said in a statement that the jobs...
The new airline, which will be known as American Airlines, will provide nearly 6,700 daily flights to more than 330 destinations and will have a combined workforce of over 100,000 employees.
Thelma Yong, credit and risk assessment manager at JN Small Business Loans Limited (JNSBL), says Jamaica can do more to support female entrepreneurs in order to improve the country's economic...
Far from moving towards a resolution, the interregional dispute over a Constitutional Court ruling in the Dominican Republic has become polarised, with Caricom, Dominican Republic and Haiti taking seemingly entrenched and antagonistic positions.
Hundreds of protesters gathered last Friday to criticise a recent court decision in the Dominican Republic that could strip the citizenship of generations of people of Haitian descent living in the neighbouring country.
Local banks are offering home buyers and those who wish to renovate their properties sweet holiday deals, a push that follows newly released economic data suggesting the mortgage market was on the upswing.
Courier company MailPac Express has created an online shopping store, called Dealbug.The shopping platform developed for $5 million went live earlier this year, but was launched on November 29 amid Black Friday shopping fever.
The Christmas season, similar to that of the back-to-school period, presents extra opportunities for merchants to cash in on the additional spend of consumers, but for some merchants, there is no sign yet that the anticipated financial windfall will materialise.
A decade-old policy that dictates the price at which employees inside the financial sector can borrow is under revision following sustained appeals to lift the threshold, Tax Administration Jamaica (TAJ) confirmed this...
The Ministry of Finance has received four bids for Integrated Resort Development (IRD) projects, otherwise called casino resort developments, that were opened Friday, marking the start of a selection process in which a...
DECEMBER 9 Planning Institute of Jamaica labour market forum 'Reshaping the Jamaican Labour Market to Foster Economic Growth and Development', December 9-10, at The Jamaica Pegasus hotel, 81 Knutsford Boulevard, New Kingston,
A wine inspired by Jamaican music will be launched into the crowded local wine market in January by American Carlos Daley.The wine breaks from tradition by recommended pairing with flavoured rums.