Business

A history-making budget

SHAUNA-KAYE GORDON | Wednesday, March, 13 2019    

History was created on 7 March 2019, when Minister of Finance and the Public Service Dr Nigel Clarke made his 2019/20 Budget Presentation in Parliament and announced a $14-billion reduction in taxes. Read More

Joseph Esau honoured on retirement from GK board

Wednesday, March, 13 2019    

GraceKennedy on Wednesday, February 27 paid tribute to Joseph Esau, who served on the company's board for 12 years. Read More

Sagicor gets top rating from CariCRIS

Wednesday, March, 13 2019    

CARIBBEAN Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the rating of jmAAA for Sagicor Life Jamaica Limited (SLJ) on its debt issue of US$75 million. Read More

Bolt launches Bolt Mobility in New York

Wednesday, March, 13 2019    

Jamaican track star, Usain Bolt, was present yesterday morning at City Hall in New York for a press conference to introduce a new scooter as an alternative form of transportation. Read More

Jordan Freeman of Jamaica Bio-Plastics wins Startupper of the Year

Wednesday, March, 13 2019    

JORDAN Freeman, the founder of Jamaica Bio-Plastics, has won the Startupper of the Year challenge staged by petroleum company Total Jamaica. Read More

Jobless millions to haunt India election

Wednesday, March, 13 2019    

NEW DELHI, India (AFP) — Vishal Chowdhary is young, bright and armed with an MBA. But he has spent two years struggling to find work in India's sluggish jobs market – a major headache for Prime Minister Narendra Modi ahead of looming elections. Read More

No South African bailout for Zimbabwe after Ramaphosa visit

Wednesday, March, 13 2019    

HARARE, Zimbabwe (AFP) — South African President Cyril Ramaphosa concluded a much-anticipated visit to Zimbabwe yesterday, dashing any lingering hopes that his country would bail out its economically troubled neighbour. Read More

Trump says call time on daylight savings

Wednesday, March, 13 2019    

WASHINGTON, United States (AFP) — Americans pushing for an end to the annual ritual of losing an hour's sleep on changing clocks to daylight savings time got a new ally Monday: President Donald Trump. Read More

No-deal or delay? Brexit deal defeat leaves UK in limbo

Wednesday, March, 13 2019    

LONDON, United Kingdom (AFP) — A hard no-deal Brexit or a delay on Britain leaving the European Union? The British Parliament's thumping defeat of Theresa May's Brexit deal increases the likelihood of both options. Read More

EU names five Caribbean countries on new blacklist

Wednesday, March, 13 2019    

BRUSSELS, Belgium (CMC) — The European Union Tuesday named five Caribbean countries on a new list of non-cooperative tax jurisdictions which it said had been based on an “an intense process of analysis and dialogue steered by the commission”. Read More

Wave of countries ban Boeing 737 MAX jets after Ethiopia crash

Wednesday, March, 13 2019    

LONDON, United Kingdom (AFP) — Britain, France and Germany joined a growing list of countries to ban Boeing 737 MAX planes from their airspace on Tuesday, as airlines around the world grounded the jets following a second deadly accident in just five months. Read More

Sunwing to commence New Orleans-MoBay flight

Wednesday, March, 13 2019    

VACATION Express, an associated company of US-based Sunwing Travel Group, will commence non-stop flights from New Orleans in the United States to Sangster International Airport in Montego Bay, Jamaica as part of a six-night vacation package. Read More

Boeing's crisis weighs on Dow but most US stocks advance

Wednesday, March, 13 2019    

NEW YORK, United States (AFP) — Wall Street swung to a split finish yesterday, with the crisis facing US aviation giant Boeing dragging down the benchmark Dow Jones Industrial Average while other indices inched higher. Read More

Macron on trip to woo East Africa amid China's African expansion

Wednesday, March, 13 2019    

LALIBELA, Ethiopia (AFP) — President Emmanuel Macron visited former French colony Djibouti on Tuesday with promises of a “respectful” partnership in the face of growing African indebtedness to China, which is fast expanding its foothold on the... Read More

Roadworks dig into KLE's 2018 profit

Tuesday, March, 12 2019    

KLE Group, the operator of Usain Bolt's Tracks and Records (UBT&R), has blamed the road repairs along Constant Spring Road in Kingston for losses of more than 15 per cent in budgeted revenue for its year ended December 2018. Read More



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