Digicel fills Wayne's slot - New Digicel Jamaica has appointed Donovan White as head of marketing, with responsibility for public relations, sponsorships, advertising and marketing communications, replacing Wayne Miller who departed the company at the end...
Jamaica Money Market Brokers (JMMB), a big domestic holder of government bonds, became the first financial institution to formally announce that it will take up the full debt-restructuring offer under which the Golding administration plans to call ...
By now, it should be very clear to everyone that the presentation of the Jamaican Government's letter of intent to the executive board of the International Monetary Fund (IMF) on January 27 is just a formality, as the GOJ has passed ...
The government can count on the support of two of the island's leading private-sector groups for the debt-management initiative formally announced yesterday by Prime Minister Bruce Golding. The Private Sector Organisation of Jamaica (PSOJ) and the Jamaica Manufacturers'...
Crude oil futures plunged to their lowest levels of the year Wednesday after the US government reported that supplies grew more than expected.The Energy Information Administration said that the United States' oil stockpiles swelled by 3.7 million...
Wall Street executives said Wednesday they underestimated the severity of the 2008 financial crisis and apologised for risky behaviour and poor decisions. They also defended their bonus and compensation practices to a sceptical commission investigating...
THE CARIBBEAN Hotel and Tourist Association (CHTA) is urging the Caribbean Tourism Organisation to revisit the recommendation of a tax on airline passenger tickets to the region. The call was made at the closing session of the Caribbean Marketplace ...
Alcoa Inc on Monday reported a smaller net loss for the fourth quarter, though revenue shrank as higher metal prices were offset by ongoing weakness in aerospace, construction and gas turbines businesses...
Soldiers accompanied government inspectors as they temporarily shut down dozens of retail stores in Venezuela on Monday, aiming to prevent hefty price hikes after the country devalued its currency. Inspectors from the consumer protection agency closed...
Alcoa Inc on Monday reported a smaller net loss for the fourth quarter, though revenue shrank as higher metal prices were offset by ongoing weakness in aerospace, construction and gas turbines businesses...
The Jamaica Stock Exchange (JSE) has amended its rules to no longer require news-paper publication of a prospectus as precursor to listing shares, that could cut a million dollars or more off the bill to launch an initial public offering (IPO)....
In a test of the market on Tuesday, the Government of Jamaica floated a two-month treasury bond that is not only significant for its tenure but was priced at a fixed 12 per cent per annum, in line with goals of the new debt management initiative...
Peter McConnell, managing director of Worthy Park Estates, has acquired additional cane lands from Government to increase production, but says his plan for the property is limited by the terms of the lease agreement...
Business confidence among Jamaican firms improved in the last quarter of 2009, but consumer confidence continued to decline, researcher Professor Richard Curtain said Tuesday."When you combine the two indices, you can see that confidence is rather flat...
Two of Jamaica's advertising houses Dunlop Corbin Communications (DCC) and Prism Communications Limited are merging operations to stay afloat in a recession-hit market.The merged entity will be called DCC Prism Limited."The advertising pie has not grown...
General Motors Company may reopen some shuttered factories because it can't produce certain vehicles fast enough, its North American president said Monday.Mark Reuss told reporters at the North American International Auto Show in Detroit that plants...
Dutch brewer Heineken NV said Monday it will buy the beer-making operations of Mexico's Femsa in an all-share deal that values the maker of Dos Equis, Tecate and Sol beers at US$5.5 billion, excluding debt. Including debt, which Heineken will assume...
New York Attorney General Andrew Cuomo on Monday pressed America's eight biggest banks to reveal how much they plan to pay out in employee bonuses for 2009.Cuomo told reporters that he also wants to know how the size of the banks' bonus pool would have...
Port Computer Services Limited (PCS), the Jamaican partner of Westbrook Technologies, is now offering FortisBlue, a web-based document management software catering to the entry level market. FortisBlue, which was launched internationally by Westbrook in...
It used to be that fast food was the answer when dining on a tight budget. Now, those budget meals are not only likely to pile on the pounds, but put the squeeze on patrons' pockets as well. While consumers were bracing for generally higher prices on goods and services...
The gains from the introduction of a graduated income-tax scheme will earn the Government little revenue, economist and university professor Damien King is suggesting in a swipe at the tax package announced December 23 by the Golding administration...
Question: My 2003 Honda Stream motor car was stolen on November 9, 2008. As I was not in Jamaica, I had difficulty in getting a police report. The settlement of the claim was delayed as a result.
Newly incorporated Proven Investments Limited (PIL) will be offering as many as 200 million shares in the company to investors in a private placement scheduled for January 20 to raise equity of up to US$20 million."Proven Investments Limited has filed...
Caribbean International Bank Jamaica Limited, says a slow economy presents the perfect opportunity to pursue higher academic learning."Earning an MBA in a slow economy helps individuals broaden their knowledge...
It took 10 years and $40 million to be completed, but on November 19, Elaine Peck launched the project on which she has spent much of her passion and all her resources — EPA Virtual Educator (EPAVE), which...
