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Omni Industries reorganises business operations

January 29, 2015 - 10:53pm
Thermoplastic manufacturer Omni Industries Limited will be locking down some of its product lines under a rationalisation of its operations, starting this month.

NCB hits half-trillion dollar mark - To pay $1.1b in dividends

January 26, 2015 - 8:52pm
The complex interaction of growing assets, new asset taxes and the application of new accounting rules resulted in a reduction in first-quarter profit for National Commercial Bank Jamaica (NCB), according to the banking group's finance head.

Pengelley: Jamaica should weigh value of Chinese investments

January 26, 2015 - 8:52pm
Brian Pengelley, president of the Jamaica Manufacturers' Association (JMA), says Jamaica may not be getting the best value from investments being pumped into the country through the massive inflow of Chinese investments.

Paulwell committed to making Jamaica a world leader in ganja

January 26, 2015 - 8:52pm
Minister of Science and Technology, Energy and Mining Phillip Paulwell says the Government is committed to making Jamaica a world leader in the exploitation of the economic value of ganja derivatives.

Applying for early retirement

January 26, 2015 - 8:52pm
I am turning 56 this year and would like to apply for early retirement, but I'm not sure how to go about the process.

Are insurance consumers being treated fairly? (Part 2)

January 26, 2015 - 8:52pm
Are there any local or international best practices that speak to how insurance customers are to be treated generally, and more specifically, how claims are to be dealt with (by insurance companies)?

Overcoming the fear of accounting and finance in 2015 (Part 2)

January 26, 2015 - 8:52pm
Don't put yourself out there today - in the newspapers, on TV, or on radio - unless you are prepared to welcome the tax authorities into your business tomorrow.

EXIM Bank says Dorchester space its sole real estate holding

January 26, 2015 - 8:52pm
The National Export-Import Bank of Jamaica says space initially acquired for office purposes at the Dorchester on Oxford Road In Kingston has improved significantly in value since the time of purchase in 2007.

Cuba no threat to Jamaica's tourism industry, says Phillips

January 26, 2015 - 8:52pm
Talk about a threat to Jamaica's tourism industry now that Cuba is entering a new era in diplomatic relations with its decades-old nemesis, the United States, is entirely misplaced, says Finance Minister Dr Peter Phillips.

China leader gets pay raise to US$22,300 a year

January 22, 2015 - 11:49pm
Chinese President Xi Jinping's base salary is rising from about US$13,600 to US$22,300 a year under a recent general pay increase for public employees, state media reported Tuesday.

Barbados tries alternatives amid natural gas shortage

January 22, 2015 - 11:49pm
The Barbados government has announced a BDS$7 million initiative aimed at bringing relief to businesses on the country's west coast suffering from a shortage of natural gas.

Spanish company to build Wigton III

January 21, 2015 - 11:19pm
Wigton Windfarm Limited has struck a deal with Spanish company Gamesa to expand its wind farm, starting in April, at a cost of US$40 million (J$4.6 billion).

BOJ sells US$50m into forex market

January 21, 2015 - 11:19pm
The Bank of Jamaica announced Tuesday that it has sold US$50 million into the foreign-exchange market since the start of 2015, in three interventions up to Monday, January 19.

Bank of Jamaica website hijacked

January 21, 2015 - 11:19pm
Some persons trying to access the Bank of Jamaica's (BOJ) website on Tuesday were redirected to a site that appeared to be the homepage of a marketing company identifying itself as Network Solutions.

Surge in business, consumer confidence

January 21, 2015 - 11:19pm
Business and consumer confidence improved during the December quarter, one of the few occasions in which the indices moved up at the same time, and the first time that a majority of firms have expressed a willingness to invest.

New cash management system for AGD

January 21, 2015 - 11:19pm
A NEW cash management unit will be established in the Accountant General's Department (AGD) and the cash management function currently handled by Fiscal Policy Management Unit in the Ministry of Finance transferred to it by June 2015, according to the latest report submitted to the International Monetary Fund (IMF).

Employment tax credit barely moves the needle on compliance

January 21, 2015 - 11:19pm
The Jamaican Government's new scheme to incentivise the on-time filing of monthly tax returns, the employment tax credit (ETC) has had minimal impact a year into its introduction.

Use oil savings to kick-start growth, says JCC

January 21, 2015 - 11:19pm
The Jamaica Chamber of Commerce (JCC) is urging the Jamaican Government to utilise savings from reduced oil prices to jump-start its growth agenda.

TT central bank sells forex to ease shortage

January 21, 2015 - 11:19pm
The Central Bank of Trinidad and Tobago says it has sold US$200 million to authorised dealers in its first foreign-exchange market intervention for 2015.

IMF cuts forecasts for global economic growth

January 21, 2015 - 11:19pm
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the global economy, the International Monetary Fund (IMF) said on Tuesday.