Jamaica Business News

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Updated: 11 hours 32 min ago

Clinker shipments set sail - Dehring now chairman of Caribbean Cement

11 hours 32 min ago
Caribbean Cement Company Limited begins supplies of a new 240,000 tonne clinker order from Venezuela this month, an 18-month contract that it is banking on to buffer export revenue for the Rockfort plant.

JPS pursuing new LNG talks, preps Bogue for propane conversion

11 hours 32 min ago
The Jamaica Public Service Company (JPS) disclosed that it is now in talks with prospective suppliers of liquid natural gas (LNG) for local use, but reiterated that its earliest use of gas will be propane for the Bogue plant in Montego Bay.

SVL introduces five-minute game

11 hours 32 min ago
Supreme Ventures Limited (SVL) has introduced a new game, Money Time, which is drawn every five minutes.

Oil slide checked

11 hours 32 min ago
Investors rallied behind an encouraging report on the Chinese economy, halting a slide in oil prices.

IMF again urges US to ratify quota reform

11 hours 32 min ago
The International Monetary Fund (IMF) has again urged the United States Congress to ratify quota and governance reforms agreed in 2010 to further strengthen the representation of emerging economies and enhance the participation of low-income countries.

IMF high-level forum on growth starts tomorrow

11 hours 32 min ago
The International Monetary Fund (IMF) has noted that Caribbean economies have been slow to recover from the global financial crisis and hence, starting tomorrow, it will host a high-level forum in collaboration with Jamaica's Ministry of Finance and Planning to discuss ways of boosting the economies of the region.

NHF accounts appear stuck in quarantine

11 hours 32 min ago
The last available accounts of the National Health Fund (NHF) to the public are for the year ended March 2012.

Facebook sues law firms, claims fraud

11 hours 32 min ago
Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

ExIm warns US of export risk from China

11 hours 32 min ago
US companies risk losing out in the global export battle as a proliferation of Beijing-based development banks boosts Chinese rivals, a senior Obama administration official has warned.

What Lenovo can teach us about making takeovers work

11 hours 32 min ago
If you are wondering where your transformational merger is going wrong, you may want to look in the toilets.

Total CEO dead in runway crash, plow driver drunk

11 hours 32 min ago
Christophe de Margerie, the charismatic CEO of Total SA, who dedicated his career to the multinational oil company based in France, was killed at a Moscow airport when his private jet collided with a snowplough whose driver was drunk, Russian investigators said Tuesday.

Port upgrade completed at Ocho Rios

11 hours 32 min ago
The expansion and renovation of the Ocho Rios Cruise Ship Terminal, part of a $400-million upgrading programme for the port, funded by the Tourism Enhancement Fund, is now complete.

Azan building new gaming lounge

October 20, 2014 - 4:07pm
Gassan Azan, through his company Sizzling Slots Limited, is constructing a 14,000-square-foot gaming lounge, sports bar and restaurant at 100 Hope Road in Kingston, with capacity for 150 seats.

Chik-V lessons for small businesses

October 20, 2014 - 4:07pm
In her first month on the job, an employee made a revelation many may find stunning.

British couple offers diaspora link through JAM TV

October 20, 2014 - 4:07pm
With a £400,000 investment in a broadcasting business, JAM TV, a British-Jamaican couple is hoping to connect Jamaican businesses with the United Kingdom (UK) market even as the operators themselves seek to broaden their client base.

Small market for big beer

October 20, 2014 - 4:07pm
The introduction of the one-litre bottles of Guinness and Red Stripe beer brands has had little traction on the local market, according to sellers of the products.

PetroCaribe presents spillover risk to beneficiary countries, says IMF

October 20, 2014 - 4:07pm
The International Monetary Fund (IMF) has advised Jamaica and other Caribbean member countries of the PetroCaribe oil facility that they remain vulnerable to changes in the financial terms of the accord and should consider building up buffers.

A moment for Caribbean reflection

October 20, 2014 - 4:07pm
Four weeks ago, this column urged the Caribbean to begin to think the unthinkable. It suggested that there are some individuals whose values are not those of the vast majority and who mean harm to those who live in the region or who visit.

Motorists without jobs - Are they a bigger risk?

October 20, 2014 - 4:07pm
I have worked with a government entity in Jamaica since 2011 but we separated a few months ago. I am now in the process of seeking alternative employment. When my motor policy was about to expire a few weeks ago, I decided to see if I could obtain better terms elsewhere. I approached two other insurers. Both of them refused to insure me because of the fact that I am unemployed. As a result, I had to remain with my existing insurer.

Saving to buy land

October 20, 2014 - 4:07pm
I am a 24-year-old subsidised teacher who is now in my final year of teacher training college. I would love to start saving towards a loan to purchase land. At this minute, I am earning $36,900 after tax. I am seeking your advice in order to make my first step.