The National Insurance Fund (NIF) plans to spend about J$3 billion on the upgrade of the Braco Hotel in the hope of securing a long-term management contract with a new operator....
The value of the Jamaican currency has fallen by more than seven dollars year to date.This will help stimulate exports and regain lost competitiveness, International Monetary Fund (IMF) director Gian Maria Miles-Ferretti argued last week....
The sellers of the former Breezes Montego Bay hotel got just one 'real' offer in the two years that the property has been on the market, and even that deal went nowhere. Now the minority shareholder National Insurance Fund...
Portland Investment Counsel (PIC), an outfit chaired by investor Michael Lee-Chin, plans to acquire additional shareholding in Columbus Communications.Portland is buying a portion of the holdings of one of the partners...
There was a slight uptick in business confidence in the first quarter of calendar year 2013, but consumers remain unenthusiastic about the economic expectations in the year ahead, with the index recording the largest falloff ever.The index of business...
It was a tough start to the week for many air travellers. Flight delays piled up all along the East Coast on Monday as thousands of air traffic controllers were forced to take an unpaid day off because of federal budget cuts....
News Corp. says that the insurers backing its board of directors will pay the company $139 million to settle shareholder lawsuits over the British phone hacking scandal
First Global Bank, a subsidiary of the GraceKennedy Group, is the recipient of awards for Best Online Banking Platform Jamaica 2013, and the Best Banking Customer Service Provider Jamaica 2013.
Nescafé, the world's leading coffee brand with presence in more than 180 countries, is this year celebrating its 75th anniversary. Varieties of the world's first instant coffee are offered in different regions in the world based on local tastes and preferences...
APRIL 21 National Insurance Scheme 47th anniversary service, at King's Chapel United Pentecostal Church, 10 Albion Road, Montego Bay, 10 am.mlssprunit@gmail.com APRIL 22 Launch of Samsung Galaxy S4, at the Devonshire, Devon House, 26 Hope Road,...
I recently stumbled upon an article in 'The Sunday Gleaner' about how to acquire a loan through the NHT and decided to write to you. You see, I am in the same position of thinking to get a house of my own by age 30, and I want to get a loan from the NHT whether it be to build or buy, whichever option is available to me or would be the more affordable choice, so to speak.
Jamaica's Tryall Club & Villas and Guyana's Karanambu Lodge Inc were among the big winners of the TravelMole 2013 sustainable tourism awards handed out by the Caribbean Tourism Organization (CTO).
Minister of Finance and Planning Dr Peter Phillips presented what will become the first Budget of Jamaica's next 50 years, and it seems to be a step in the right direction. He presented a budget that seeks to balance austerity measures with a growth agenda that, if executed well, offers hope.
The decision turned out to have a stabilising effect on revenue for the money services firm. Prime Trust Financial Service's directors saw bill payment as a natural fit alongside the company's cambio and remittance operations, and a sure-fire way to grow income streams. And it worked.
The extra funding for the Student's Loan Bureau (SLB) to be drawn from education tax collections will be sufficient to close the gap needed for an expected 20,000 loan applications for the next school year, the student lender has said.
Toilet paper was one of the most topical issues across Jamaica last week, dominating the news, talk shows and discussion programmes, for all the wrong reasons.
Has the time come to give greater consideration to the opportunity presented by what might be described as the space in-between: the millions of square miles of ocean and seabed that lie between the islands and countries of the Caribbean?
Appliance Traders Limited has created a new division in the company as it steps up plans to corner a larger market share in the alternative energy sector in which just 25 discrete companies operate.
