Director General of the Guyana Civil Aviation Authority (GCAA), Zulfikar Mohammed, says pilot error led to the July 30, 2011 crash of a Caribbean Airlines flight....
All Caribbean nations have well-developed contingency plans in the event of a natural disaster. However, few have established procedures to address the issue of the damage caused to a nation's image and reputation....
Local real-estate experts indicate that while more residential properties are being placed on the auction block this year, less homes are being sold. Connell Steer, chartered valuation surveyor and partner at the Kingston-based real-estate firm...
The International Finance Corporation plans to raise the Jamaican dollar equivalent of US$500 million of debt capital through a series of bond floats on the Jamaican market.
Regional governments have long used tax subsidies to entice private capital, but now they are being urged into a new direction by their multilateral backers
President of the Caribbean Development Bank (CDB) Warren Smith says there needs to be an eight-pillar approach to sustainable growth in the region.Smith was speaking on Thursday at the opening of a two-day financial forum in The Bahamas...
JPMorgan Chase & Co will pay US$920 million and has admitted that it failed to oversee trading that led to a US$6-billion loss and renewed worries about serious risk-taking by major banks.United States (US) and United Kingdom (UK) regulators said...
Public companies would have to show the difference in pay between their CEOs and ordinary employees under a proposal advanced by federal regulators.The Securities and Exchange Commission (SEC) voted 3-2 on Wednesday to propose a rule that would compel...
The Grenada government on Wednesday said it intends to sign an agreement with the International Monetary Fund (IMF) on measures aimed at dealing with the island's high debt level.Prime Minister Dr Keith Mitchell, whose New National Party came to office...
The local coffee industry will miss out on gains from projected increases in demand from international markets, despite the Planning Institute of Jamaica's latest report that output of the commodity has increased by 143.8...
Jamaica-based Norbrook Caribbean Investment Company (NCIC) has acquired nine FedEx routes in South Florida, United States, in its bid to further diversify revenue streams and bolster its expansion through acquisition...
Encashments are climbing as local life insurance policyholders remove accumulated savings to cope with financial challenges.Orville Johnson, general manager of the Insurance Association of Jamaica (IAJ), told the Financial Gleaner on Wednesday that...
The Urban Development Corporation (UDC) said on Thursday that it is now in receipt of a bid for land tendered for sale in Hanover, which it hopes will become a medical tourism facility or resort.In August, the corporation placed on the market 40...
"The road to hell is paved with good intentions". The English writer Samuel Johnson, who lived in the 18th century, used that aphorism often, but researchers treat it as apocryphal. The quote predates Johnson - hell has been around a long time ...
Hospitality outfit Leisure for Pleasure Holidays & Tours Limited has avoided closure by refocusing on the Jamaican market, with 90 per cent of income now generated from local business as opposed to 10 years ago...
Caribbean Community (CARICOM) leaders ended a one-day meeting in Port-of-Spain on Tuesday agreeing to the formation of a Commission on the Economy as they seek to revive the ailing economies of the 15-member regional grouping.In addition, Trinidad ...
Samuda resigns from RJR boards - Milton Samuda has resigned his post as chairman of the board of Television Jamaica (TVJ) as well as his deputy chairman position at Radio Jamaica (RJR).The move followed controversy over the erasing of portions of recorded...
In A-Level geography class, we learnt that ALCAN set up a local operation in 1943, Jamaica Bauxites Limited, to assess potential for commercial extraction of bauxite in Jamaica. Bayer process technology proved feasible. Kirkvine Works shipped alumina to Norway ...
THE LAST time share-holders of Cable and Wireless Jamaica (C&WJ) received any dividend payment was in 2008, and it seems as if they have a lot more waiting to do before they receive their next cheque...
Published:Thursday | September 19, 2013 | 12:00 AM
The Trinidad and Tobago government has denied allegations that Venezuela stands to benefit tremendously from an agreement signed last week regarding the Loran Manatee oilfield.Energy Minister Kevin Ramnarine said statements by Opposition Leader Dr Keith...
Published:Thursday | September 19, 2013 | 12:00 AM
Guyana says it will exceed the 2013 target for rice production by as much as 80,000 tonnes.Agriculture Minister Dr Leslie Ramsammy said with a first crop production of 263,528 tonnes, the second crop may well exceed the 2013 target of 450,000 tonnes....
Published:Thursday | September 19, 2013 | 12:00 AM
Dominica is implementing a US$34-million solar street-light project with assistance from China, Public Works Minister Rayburn Blackmore has said. He said the 33-month project would involve installation of 4,851 solar street lights across the country...
Published:Wednesday | September 18, 2013 | 10:26 AM
The Office of Utilities Regulation (OUR) is expected to announce today that Azurest Cambridge Power has been selected as the preferred bidder for the 360-megawatt electricity generating project
Published:Wednesday | September 18, 2013 | 12:00 AM
The Marley Resort & Spa, at Cable Beach in Nassau, Bahamas, has been closed for renovation but will reopen for business on October 1, according to Carl Little, a spokesman for the property.The property was originally used by the Marley family ...
