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Business

Published:Friday | March 30, 2012 | 12:00 AM

Shareholders of Kingston Wharves Limited (KWL) voted Thursday in favour of resolutions to create and allot a block of newly authorised shares, giving Jamaica Producers Group Limited a bigger stake...

Published:Thursday | March 29, 2012 | 2:44 PM

Scotiabank has earned the top award for Jamaica in the best emerging market banks category of Global Finance magazine’s annual best practices recognition programme.

Published:Thursday | March 29, 2012 | 12:00 AM

The Jamaica Promotions Corporation (JAMPRO), through its comprehensive buyer recruitment programme, is on course to securing the participation of a substantial number of international and local buyers to the upcoming Expo Jamaica 2012 trade show....

Published:Thursday | March 29, 2012 | 12:00 AM

JAMAICA's delectable and mouth-watering patty, once a lunch-time staple and now an anytime-of-the-day meal on the go across all socio-economic groups, has had its international rating bumped up on one of the world's most popular websites, askmen.com....

Published:Wednesday | March 28, 2012 | 1:50 PM

A judge has opened a hearing on Dominique Strauss-Kahn's bid to get a New York hotel maid's lawsuit against him thrown out.

Published:Wednesday | March 28, 2012 | 12:00 AM

March 19-23, 2012 - Caribbean stocks ended the week lower on the back of declines in CSX 30 blue chip stocks and conglomerates...

Published:Wednesday | March 28, 2012 | 12:00 AM

Financial analyst John Jackson warned Tuesday that shareholders in Kingston Wharves Limited (KWL) could see their interest diluted if the company proceeds with a plan to issue new shares to facilitate a deal...

Published:Wednesday | March 28, 2012 | 12:00 AM

Digicel Group announced plans on Tuesday to deploy a US$16-million (J$1.34b) fibre-optic cable from Haiti to connect with an existing cable from Jamaica to the United States, aimed at delivering improved data and call services by July 2012....

Published:Wednesday | March 28, 2012 | 12:00 AM

A local tourism study by Oxford Economics proposes a revolutionary view that three-quarters of the J$229 billion in annual tourism earnings remain within Jamaica...

Published:Wednesday | March 28, 2012 | 12:00 AM

Globe Insurance Company saw a marginal decline in its insurance business last year, its newly released financial report shows.The company reported a J$100 million decline in gross premiums, from J$2.5 billion to J$2.4 billion....

Published:Wednesday | March 28, 2012 | 12:00 AM

The International Federation of Red Cross and Red Crescent Societies is considering building a hotel and conference center in Haiti on part of a US$10.5 million property that it bought after the 2010 earthquake....

Published:Wednesday | March 28, 2012 | 12:00 AM

Energy company Shell has evacuated some of its workers from two platforms in the North Sea that are near an underwater gas leak from a nearby rig. The leak of flammable gas was discovered over the weekend...

Published:Wednesday | March 28, 2012 | 12:00 AM

Shell gas operator, Cool Petroleum is pumping US$2 million (J$175 million) into capacity upgrade of its Rockfort Kingston facility but denies those plans include construction of a refinery despite getting state approval...

Published:Wednesday | March 28, 2012 | 12:00 AM

Years ago, I decided to spend as little time as possible watching commercial television. Generally, I found that the few nuggets of value to be mined didn't justify the time...

Published:Wednesday | March 28, 2012 | 12:00 AM

The 17 countries that use the euro need to build a €1 trillion (US$1.3 trillion) firewall to help the struggling currency union return to growth, the head of the Organisation for Economic Cooperation and Development....

Published:Wednesday | March 28, 2012 | 12:00 AM

ST VINCENT Prime Minister Dr Ralph Gonsalves says his administration is considering suing a commercial bank as it seeks to recapture investments by citizens and local companies hit by the collapse of the Trinidad-based British American Insurance Company...

Published:Wednesday | March 28, 2012 | 12:00 AM

The Real Estate Board (REB) is indicating that the interests of condominium owners and others with a stake in the Palmyra Resort and Spa, which has been in receivership since last July, are likely to be satisfied from a deal currently being...

Published:Wednesday | March 28, 2012 | 12:00 AM

Colonial life Insurance Company (CLICO) is hoping to extend by another six months a shareholders' agreement its parent company, CL Financial, has with the Trinidad and Tobago government, CLICO chairman Gerald Yetming has announced....

Published:Wednesday | March 28, 2012 | 12:00 AM

The Development Bank of Jamaica (DBJ) is now selling off the assets of Thermo-Plastics Jamaica, a company which was once the island's largest plastic manufacturer and the subject of an extended court fight....

Published:Wednesday | March 28, 2012 | 12:00 AM

Natural gas prices fell again in morning trading Tuesday amid doubts that a huge surplus of the fuel will be depleted anytime soon. Natural gas futures fell four cents to US$2.18 per 1,000 cubic feet after dropping five cents on Monday...

Published:Tuesday | March 27, 2012 | 1:46 PM

Racebrook Marketing Concepts of Jamaica and its auction affiliate Sheldon Good & Company have extended the March 28 deadline for auctioning The Palmyra Resort & Spa

Published:Tuesday | March 27, 2012 | 12:00 AM

St. Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves on Monday said insurance laws in Trinidad and Tobago contravene the Caribbean Community (CARICOM) treaty and allow the oil rich twin island republic to treat its nationals favourably following the collapse ...

Published:Tuesday | March 27, 2012 | 12:00 AM

Stocks leapt to multiyear highs and recorded one of their biggest gains of the year Monday after Federal Reserve Chairman Ben Bernanke suggested that the United States economy still needs help to produce faster job growth.The Dow Jones industrial...

Published:Tuesday | March 27, 2012 | 12:00 AM

The Port Authority of Jamaica (PAJ) has been awarded the 2011 Best Local Initiative for the Historic Falmouth Port by Cruise Insight Magazine The PAJ received the award at the 2012 staging of Cruise Shipping Miami.Cruise Shipping Miami (formerly Sea...

Published:Monday | March 26, 2012 | 12:00 AM

The Jamaica Chamber of Commerce (JCC) has lauded GraceKennedy for its 90 years of unbroken service in the fields of commerce, manufacturing and services...

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