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Business

Published:Sunday | March 11, 2012 | 12:00 AM

Rating agency Standard & Poor's has maintained a negative outlook and B- long-term foreign-currency rating for Jamaica in its latest report issued a fortnight ago.

Published:Sunday | March 11, 2012 | 12:00 AM

The Jamaica Public Service Company (JPS) and its project partners are seeking funding from export credit agencies and development financing agencies to conclude financing arrangements for its 360 megawatt LNG-fired plant.

Published:Sunday | March 11, 2012 | 12:00 AM

Blue Power Group Limited has split the functions of managing director and chairman held by founder Dhiru Tanna, and has tapped internal talent to take over the soap company's daily operations.

Published:Sunday | March 11, 2012 | 12:00 AM

My friend owns a Toyota Coaster. It has a rural stage carriage licence. One company insured it for over five years. In May last year, that company advised him that they would only be offering coverage to PPVs with contract carriage licences. The risks posed by rural stage carriage operators, they said, were too high.

Published:Sunday | March 11, 2012 | 12:00 AM

I will be 34 years old this April. A single father; my son who lives with me is 13 years old. We live in a family house, so I pay only light and water bills, no cable. I own a 2002 motor car. I have no loans currently.

Published:Sunday | March 11, 2012 | 12:00 AM

A major challenge for developers in search of property for low- income homes will be finding land in zones where buyers in the income category - most likely employed in the island's urban centres - are willing to live.

Published:Sunday | March 11, 2012 | 12:00 AM

The National Housing Trust (NHT) plans to hire a bad debt collector to go after mortgage delinquents, whose loans are more than three months past due. The state agency last week invited bids from qualified firms, which have until March 27 to respond.

Published:Sunday | March 11, 2012 | 12:00 AM

We Jamaicans love nothing more than seeing a raw, untrained underdog use home-grown methods to defeat a famous, stuck-up sophisticate. It's true in many competitive arenas such as football, music and business, to name a few.

Published:Saturday | March 10, 2012 | 12:00 AM

SALADA FOODS Jamaica Limited and P.A. Benjamin Manufacturing Company have partnered with the agriculture ministry to invest in a project to provide 'seed' stock for a ginger-turmeric project at the Orange River Research Station in St Mary.

Published:Saturday | March 10, 2012 | 12:00 AM

A WHOOPING US$3.83 billion and 6,000 jobs is how much citrus greening infestation has cost the American state of Florida since the disease was detected there in 2003-2004.

Published:Saturday | March 10, 2012 | 12:00 AM

AS I cross the street leaving the old Golden Seas Hotel, it becomes obvious that the cyclist is aiming for our paths to cross and curiosity changes to apprehension when his first words reach my ears: "Wha happen boss? A work a go run over deh? When it a start?"

Published:Saturday | March 10, 2012 | 12:00 AM

SIXTY-SIX-year-old Tensil Dias of John's Pen in Redwood, north-east St Catherine, is a fervent livestock farmer.She started out more than 19 years ago with 125 chickens. She later added pigs, cows, and goats to her stock. The vivacious senior outlined how they used the income generated from farming to educate their nine children.

Published:Friday | March 9, 2012 | 4:19 PM

Jamaica Broilers Group has reported net profits of J$400 million, representing a 10 per cent increase for its third quarter

Published:Friday | March 9, 2012 | 3:14 PM

Texas tycoon Allen Stanford, who was convicted this week of masterminding a massive US$7 billion Ponzi scheme, must forfeit all funds seized by the US government

Published:Friday | March 9, 2012 | 11:51 AM

Standard & Poor's has maintained a negative outlook and B- long-term foreign currency rating for Jamaica in its latest report issued a fortnight ago

Published:Friday | March 9, 2012 | 12:00 AM

Pan Caribbean Sugar Company (PCSC) has started to import fertiliser from China for its own use, denying business to local manufacturer Newport Fersan Jamaica which had been banking on the estates to drive up...

Published:Friday | March 9, 2012 | 12:00 AM

Seprod Limited has acquired a minority share ownership in Barbados-based Facey Group Limited.Facey is a distributor of Seprod products, primarily in Jamaica. The combination of ordinary and preference shares were acquired at a total cost of approximately...

Published:Friday | March 9, 2012 | 12:00 AM

The government and the World Bank will attempt to offer a bond to the Jamaican diaspora by Independence Day in order to tap into the US$5.4 billion ($470 billion) annual savings of that group. The development bond would...

Published:Friday | March 9, 2012 | 12:00 AM

Stocks market gains accelerated Thursday on indications that a deal to restructure Greece's debt would succeed. The Dow Jones industrial average closed up 71 points at 12,908, and the S&P rose 35 points to 1,366. The gains came as private investors...

Published:Friday | March 9, 2012 | 12:00 AM

The Editor, Sir:Please allow me space in your publication to clarify certain points which were made in an article published on the front page of the Business section of The Gleaner, dated March 7, 2012...

Published:Friday | March 9, 2012 | 12:00 AM

Antigua's prime minister has pledged to work with other agencies to try to help recover money that victims across the globe lost to convicted Texas tycoon R. Allen Stanford through his bank based...

Published:Friday | March 9, 2012 | 12:00 AM

The following is a statement by The Private Sector Working Group on Tax Reform (PSWG) issued, it said, in response to the discussion generated in the media regarding the measures proposed...

Published:Friday | March 9, 2012 | 12:00 AM

With more than €1 trillion in LTRO funds injected into the European financial system, the concerns about an imminent collapse of the euro are gone...

Published:Friday | March 9, 2012 | 12:00 AM

The National Commercial Bank Jamaica (NCB) has launched a mortgage product offered at a new low price of 9.5 per cent. It comes with an introductory cashback incentive of J$200,000 if mortgage applications reach the bank by...

Published:Friday | March 9, 2012 | 12:00 AM

Global chain Payless ShoeSource has credited Jamaica with aiding its international sales growth despite the group posting a US$164 million net loss in its financial year....

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