CPL international stars announced for T20 draft 7:43 PM
$45m found at Kingston wharf 7:02 PM
Customs detains pork products in MoBay 6:31 PM
Two bodies fished from Kingston Harbour 5:18 PM
IMF appoints new rep for Jamaica 4:55 PM
J$99.12 to one US dollar 4:44 PM
Business
Jamaica Business News, Economy, and Financial Sector Information
Interest rates are on the rise
Friday, May 24, 2013
KINGSTON, Jamaica - Interest rates have been on the rise since the last Government debt swap. Average yields for treasury bills have increased by 0.54-1.12 percentage points since February, when new rates were set at between 5.25 per cent and 5.75 per cent, depending on maturity dates. The 91-day instrument, which exper ...more
JNBS touts 'financial bridge' in London
Friday, May 24, 2013
AS the Jamaica National Building Society (JNBS) kicked off celebrations in the UK to mark 25 years of operations there, General Manager Earl Jarrett has affirmed that the organisation has remained true to its original mission of building a financial ...more
SVL dealing with 'little issues' in Dom Rep
Friday, May 24, 2013
A different gaming culture and intense competition are among the challenges faced by Supreme Ventures Limited (SVL) in the Dominican Republic as the gaming company tries to grow its lottery business in the Spanish speaking country.
SVL's multi-juris ...more
Pat Francis praised by WTO
Friday, May 24, 2013
PASCAL Lamy, director-general of the World Trade Organisation (WTO), has lauded former Jampro president Patricia Francis for her leadership of the International Trade Centre (ITC) in Geneva since taking office in 2006, and for laying the groundwork f ...more
Barbadian collects J$362 million Super Lotto Jackpot
Friday, May 24, 2013
KINGSTON, Jamaica — The Barbadian man who won the $362 million Super Lotto Jackpot claimed his prize today.
Ralph Haynes, who was born in Barbados but lives in the US, said he plans to share his winnings with his large family and to invest som ...more
IMF appoints new rep for Jamaica
Friday, May 24, 2013
JIS
KINGSTON, Jamaica - The International Monetary Fund (IMF) has appointed its Deputy Chief in charge of the Strategy Unit, Dr Bert van Selm, as the new Resident Representative for Jamaica, effective July 1.
The announcement was made by Finance an ...more
Puerto Rico faces lowest coffee production ever
Friday, May 24, 2013
SAN JUAN, Puerto Rico - Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.
Farmers prod ...more
Oil falls on concerns for China demand
Friday, May 24, 2013
THE price of oil fell yesterday as weak manufacturing data from China raised questions about the strength of oil demand in the world's second largest economy. Oil's decline was exacerbated by sharp declines in global stock markets amid indications t ...more
Cuba sees decline in food production
Friday, May 24, 2013
THE Cuban government says it has seen a dramatic and unexplained drop in the harvest of vegetables and fruit in the first three months of the year.
In a report, the Cuban National Statistics Office (ONE) gave no reason for the production decline, de ...more
Turks and Caicos recovers cash, land amid probe
Friday, May 24, 2013
OFFICIALS in the Turks and Caicos Islands say they have recovered US$19.5 million and more than 2,500 acres (1,000 hectares) of real estate as they continue to seize assets allegedly improperly obtained by corrupt politicians.
Yesterday's announceme ...more
Canadian businessman on trial for corruption in Cuba
Friday, May 24, 2013
A Canadian businessman caught up in a corruption probe in Cuba apparently went on trial yesterday, nearly two years after he was detained and his import company, Tri-Star Caribbean, was shuttered.
Sarkis Yacoubian arrived at an Interior Ministry cou ...more
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