QUESTION: Why is it that local insurance companies do not offer comprehensive insurance on 'old' vehicles in mint condition? I had a 13-year-old car that was in tip-top condition.
Honey Bun bakery is reclaiming distribution of its products from some private contractors, mainly in eastern and central parishes, says chief marketing officer Krystal Chong.
Jamaica, renowned for its music and sports, dipped two spots to 67 among 140 countries in the Travel & Tourism Competitiveness Report 2013 due to poor scores in culture and environmental sustainability.
Private-sector interests in western Jamaica are now worried that the increased levy on imported goods, which was recently announced by the Government, could cripple many businesses in the region as unlike their colleagues in Kingston, they are being saddled with an extra transhipment cost.
IT IS MIDWEEK, and on a back road in Wynter's Pen St Catherine, a group of researchers are demonstrating the workings of a locally made biochar oven - a machine that can transform dried and green debris into carbon coal, fuel, and oils.
Natural gas rose three per cent, to the highest level since November, as the government said supplies of the fuel are nearly 20 per cent below year-ago levels.
Ice-cream manufacturer Caribbean Cream Limited (CCL) will go to the market this month with an initial public offering to raise between J$60 and J$80 million of equity to assist the company in its expansion drive...
Insurance giant Sagicor Life Jamaica (SLJ) will initially invest US$6 million to enter the Costa Rican market, according to its financial report for the year ended December 2012...
Puerto Rico's government on Thursday urged legislators to move quickly and approve financial austerity measures following a report from a Wall Street ratings agency that downgraded the island's general obligation bonds to near-junk status.
This story was first published online. First, Hurricane Sandy ravaged Jamaica Producers Group's agricultural fields; and then it pummelled its profits.Jamaica Producers profits fell to J$208 million at year ending December 2012 or one-quarter the J$996...
Carnival Cruise Lines' highest priority is to look at "learnings and potential changes" that can be made in the wake of the Triumph cruise ship that was stranded at sea a month ago, the company's CEO and President Gerry Cahill said Tuesday at the 29th...
Times are tougher in Jamaica today than the majority of people believe, and the signs are that they are going to get even more trying.Many companies have been laying off workers and some...
A bit less than a decade ago, while serving on the board of the Financial Sector Adjustment Company a friend, in the midst of discussing financial crises and mechanisms employed historically to solve them, abruptly put it to me: "Tell me something, who...
The Costa Rican nominee for director general of the World Trade Organization (WTO) is seeking the votes of Jamaica and other governments of CARICOM, saying that the Central...
Bank of Jamaica Governor Brian Wynter has given new indications that the central bank will soon lift restrictions on investments in foreign securities.He said it would assist with the initiative for portfolio...
The Financial System Support Fund (FSSF) has been boosted to US$850 million (J83b), which will be available to companies for liquidity and capital support.The fund, which is seeded...
BlackBerry, formerly known as Research In Motion Limited, says it has received an order for one million of its new smartphones, marking the largest ever single purchase in the company's history. The Canadian com-pany is relying on the redesigned...
The Government of Jamaica has given up on collecting J$230 billion of unpaid taxes and has got the approval of lawmakers to write it off as bad debt.The sum is equivalent to more than one-third of the Government's annual budget and it is double...
Andral 'Jack' Shirley has been appointed as the new executive director of Betting, Gaming and Lottery Commission (BGLC), the government agency that regulates lottery, gambling and horse racing.Chairman of the BGLC...
For 90 years, Shell has remained the most ubiquitous name on service stations across Jamaica, but that era is coming to an end.In less than 13 months, the brand which now graces 52 stations will disappear from Jamaica...
