Plans to sell the Palmyra Resort & Spa at auction have failed, according to well-placed sources, despite two extensions on the original sealed-bid deadline...
Spirits conglomerate Lascelles de Mercado and Company made J$866 million net profit for its March 2012 quarter, up 20 per cent over year-earlier levels based on rising sugar sales which offset car import delays and cargo-handling fees....
Toyota Jamaica Limited is expanding operations beyond Kingston and will open a new branch at Ironshore in Montego Bay in August, according to Tom Connor, the new man in charge of the dealership.The company is currently...
Energy minister Phillip Paulwell says that Govern-ment can, as a last option, sell Jamaica Public Service Company (JPS) to new investors rather than allow the utility to maintain...
The Vanda Alliance is made up mostly of warm and full-sun-growing orchids with colourful flowers that bloom often.Originating in tropical Asia, they grow in warm tropical climates just like Jamaica.
The number one rule is sanitation. All utensils used in milking must be clean. Use a sanitising solution such as chlorine (bleach) or iodine-based, and rinse equipment properly with clean water. All milk collected should be processed immediately...
GRETHEL SESSING, chairman of the All-Island Banana Growers' Association, has accused financial institutions, in particular the people's cooperative banks, of discriminatory lending practices."Presently, sugar, citrus...
THE PROSPECTS for non-Blue Mountain coffee in the United States of America are promising, Agriculture Minister Roger Clarke was advised during a recent visit to Atlanta, Georgia, when he toured Blue Mountain Inc and got to see Jamaica Blue Mountain...
The Coffee Industry Board (CIB) is soon to begin distribution of fertiliser to between 5,000 and 6,000 registered farmers through licensed coffee dealers...
Google is introducing a new tool, designed to make its search engine smarter.The new feature, debuting Wednesday, draws from a Google-built database of more than 500 million people, places and commonly requested things to provide a summary of vital...
The price of oil dropped to a six-month low Tuesday on concern that economic uncertainty in Europe could hurt demand for crude.Benchmark West Texas Intermediate crude fell 80 cents to end the day at US$93.98 per barrel in New York.
If the Jamaican government wants to break the monopoly on electricity distribution, the best way to do it is to buy out the majority owners of Jamaica Public Service...
Peter Melhado, chairman of West Indies Home Contractors Limited (WIHCON), and Robert Taylor, director of Alf Investments Limited, have announced a cash and land deal in which Alf has secured a 50 per cent stake...
Trinidad's Opposition Leader Dr Keith Rowley has called on the state-owned Caribbean Airlines Limited (CAL) to abandon its plans to reintroduce regular flights to London, and also criticised plans by the airline to compete with the Antigua-based...
Jamaica Beverages Limited took possession of the assets of Jamaica Citrus Growers Limited (JCGL) on May 4, but the parties have three months to close the sale, says agent Wilfred...
Jamaica's plans for an offshore financial centre appear to have been sidelined in this year's budget, but Government officials say the zero dollars allocated to the project was an 'administrative oversight'.The project...
Plummeting interest rates, loan delinquency and reduced loan income were cited Wednesday by COK Sodality Credit Union for weakened returns in the last two years, and a string of losses accumulated on its balance sheet....
Food and financial services conglomerate GraceKennedy Limited is holding to plans to grow its international markets, with Africa as a prime target, but acknowledged to investors on Monday that a new US law and a growing penchant by local con men to scam...
The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a US$2 billion trading loss by the bank.CEO Jamie Dimon also won a shareholder endorsement of his pay package...
Caribbean Airlines Limited has been given the green light to commence direct flights to Panama.Panama's head of state, Ricardo Alberto Martinelli Berrocal, said on a visit to Port-of-Spain that he held discussions with Trinidad Prime Minister Kamla...
Facebook Inc on Tuesday increased the price range at which it plans to sell stock to the public, as investor enthusiasm in the potential value of the world's most popular social network continued to climb.The California company said in a regulatory...
Facebook is selling 180 million of its shares in its initial public offering.Another 157 million are coming from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg, who's selling some of his stock to cover tax obligations.