Jamaica Business News
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Updated: 10 hours 16 min ago
Jamaicans talked for more than 11 billion minutes on their mobile phones in less than two years after the initial reduction of mobile termination rates, according to analysis by the Fair Trading Commission (FTC).
Craig Mair has replaced Norm Stevenson as senior vice-president for corporate and commercial banking at Scotiabank Jamaica, effective November 1.
Wisynco Foods is adding two new Wendy's outlets in Portmore and Manor Park next year, amid recognition of the franchise as the most improved operation in the Latin America and Caribbean region by the sandwich shop's American owners.
The Financial Services Commission (FSC) has indicated that it is making progress on the technical details and administrative framework of the new retail repo transaction structure, which is intended to reduce risk to securities dealers.
These are the moments for which OPEC exists: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly US$1 billion a day.
On Friday, November 21, 2014 the former long-serving attorney general, and our foreign minister for the past three years, made a sublime apology in the Senate.
Energy reforms have recently been at the top of the Argentine and Mexican political agendas, and they will have an important impact on their economic development.
OPEC oil ministers decided Thursday to keep their production target at 30 million barrels a day, despite an oversupply of crude and plunging prices.
A dispute between United States safety regulators and airbag maker Takata Corp escalated Wednesday when the government threatened fines and legal action if the company fails to admit that driver's side airbag inflators are defective and agrees to a...
The European Union's executive has proposed a plan to boost investment in the bloc's flagging economy by 315 billion (US$380 billion) by attracting reluctant private investors with guarantees and seed money.
Chairman of the Coffee Industry Board (CIB), Delano Franklyn, yesterday announced the formation of a new Brand Infringement and Enforcement Task Force to combat the rising problem of fraudulent Blue Mountain coffee brands on the local market, as well as unlicensed imports of coffee.
The initial public offering (IPO) of real-estate company 138 Student Living Jamaica Limited aims to raise $562.9 million from a float of ordinary and redeemable preference shares on the stock market, starting Thursday.
Three technocrats have suggested that it would be unwise for the Government to deviate from the 7.5 per cent of gross domestic product (GDP) primary surplus target agreed under Jamaica's economic support programme with the International Monetary Fund (IMF).
The US Securities and Exchange Commission has issued a subpoena to Brazil's Petrobras for documents relating to an investigation into the state-controlled oil company.
The small Caribbean island of Grenada offers a salutary lesson on the dangers of loading up with debt for governments tempted by easy money.
The Financial Services Commission (FSC) will phase in new minimum transaction values for retail repos over the next year - $1 million for local-currency purchases and US$10,000 for foreign-currency repos.
The Jamaica Egg Farmers Association (JEFA) says egg production is comfortably above the 11.5 million needed to satisfy local demand this Christmas and that the market is unlikely to face another shortage as happened last year.
Thalia Lyn, the owner and chief executive officer of the Island Grill quick-service restaurant chain, is eyeing the second week of December to reopen the fire-damaged outlet at the Sovereign Centre mall in Liguanea in time for the usual Christmas rush.
The last accounts for the Agricultural Credit Board (ACB) are audited by Grant Thornton for the period ending March 31, 2013.
Continued weak investor interest in the equities market is linked to competing higher returns on money-market instruments and capital gains on foreign currency investments, according to the Bank of Jamaica (BOJ).