Jamaica Business News
The oldest and leading newspaper in Jamaica
Updated: 16 hours 40 min ago
The United States Federal Reserve plans to keep a key interest rate at a record low to support a US job market that's improving, but still isn't fully healthy, and help lift inflation from unusually low levels.
In what appears to be a tweaking of its business model, Jamaica's premier housing and mortgage agency has diversified into attraction ownership with the acquisition of Outameni Experience in Trelawny from Lennie Little-White.
Jamaica has achieved the Caribbean region's highest ranking on the ease of doing business, and has jumped 36 places to 58 among 189 economies worldwide, according to the just-released Doing Business 2015 report.
The government will be moving to address the vexed issue of non-payment of salary deductions to various institutions, within the next six months...
Eppley Limited will go back to the market on November 4 to raise $250 million via an offer of 4.666 million redeemable preference shares at $6 each.
Trade Board Limited is holding firm to the provisions of the revised Motor Vehicle Import Policy (MVIP) which was effected in April, following Cabinet approval, and is actively enforcing all aspects of the revisions, said chief executive officer Victor Cummings.
What a welcome surprise! And an even a bigger surprise as it comes from the Jamaica Urban Transit Company (JUTC).
CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, will likely pay out about US$500,000 to Anguilla under that country's excess rainfall insurance policy.
The Trade Board Limited is weighing the lifting on the moratorium on damaged car imports, under a new policy that ties the business into the larger logistics hub programme.
Lloyds Banking Group has confirmed plans to to close 150 branches and cull 9,000 jobs in a move to cut costs and focus on digital services.
No industry has borne the brunt of the world's rapidly ageing population like life insurance. As well as selling protection to family members against the premature death of a wage earner, these companies have built a healthy business insuring human lifespan.
The Barbados government is contemplating a rescue package for cash-strapped CLICO International Life, Finance Minister Chris Sinckler has said.
Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.
Chiquita has sealed a deal to be acquired by two Brazilian companies for about US$681 million, with the US-based banana producer expected to go private by the end of this year or early next.
The price of oil dipped below US$80 a barrel Monday, after a major investment bank lowered its forecast for crude prices this year and next.
Edmundo Jenez, managing director of JETS Limited, the company that manages the MultiLink network and operates the Automated Clearing House (ACH) system, says transactions fees remain relatively cheap for Jamaicans, even as its owners pump massive capital into the system.
OCTOBER 28 Eppley Limited extraordinary general meeting, at 58 Half-Way Tree Road, Kingston, 9 a.m.
See the photos ...
A new set of energy-efficient homes are under development in Greendale, St Catherine, and may hit the market next year.
About 10 days ago some 600 invited participants from the United Kingdom's Caribbean diaspora gathered at a venue near the British Parliament.