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...
The Trinidad and Tobago government suffered a major setback in the courts after a High Court judge ruled that the government's bailout plan of Colonial Life Insurance Company (CLICO) was unlawful. High Court judge Joan Charles Tuesday ordered the State...
Offshore oil exploration will be allowed off The Bahamas, the environmental minister said Sunday, adding that a voter referendum on whether to go forward with full production will be held only after it is determined whether the island chain...
Anticipating a downgrade of its corporate rating influenced by a projected fall in investment income and underwriting profit, Jamaica International Insurance Company (JIIC) has withdrawn itself as a candidate for review by AM Best....
President Enrique Peña Nieto moved Monday to overhaul and strengthen the weak and chaotic regulations that have allowed the world's richest man and its largest Spanish-language media empire to exert near-total control of Mexico's lucrative telephone ...
The Customs Department is being encouraged to make use of electronic and other time-saving systems to expedite collection and examination procedures, as opposed to paper-based audit procedures which are a source of delays at Jamaica's ports....
Monopoly light distributor Jamaica Public Service Company (JPS) has corrected a foreign exchange error in its financials after two attempts.The error listed a US$14.8 million (J$1.4 b) foreign exchange loss as a gain.
Costa Rica's Minister of Foreign Trade, Anabel Gonzalez, is encouraging Jamaica to fully implement the CARICOM Free Trade Agreement (FTA) with the Central American nation, saying that provisions could be...
The Net international reserves (NIR) dipped below US$1 billion for the first time in 12 years, but the market has been sanguine about the development signalling faith that nothing will derail the expected bailout deal...
Arc Systems Limited will launch its new lumber treatment plant today, a J$400 million investment, according to owner Norman Horne who says it positions his company to supply both Jamaica and Caribbean markets.Horne, who has been in the lumber business...
Come April 1, with the new customs administration fee (CAF) and the broadening of the GCT base, car dealers say their cost of business will be higher but that they plan to pass on the cost to their customers.The CAF...
The Kingston Wharves Group recorded a 61 per cent increase in net profit for the year to the end of December 2012, attributable to an upward movement in revenue as a result of growth in the transhipment of motor vehicles...
