- Bangladesh ready for West Indies barrage in World Cup 10:53 am
- Venezuela's opposition leader urges Jamaica to refrain from selling refinery shares 10:31 am
- EPOC welcomes appointment of Richard Byles to post of BOJ Governor 10:13 am
- Cubans feeling the pinch as Trump cruise ban bites 9:31 am
- Four hospitalised after seven-vehicle crash in St Andrew 9:50 am
- Visa waiver agreement between Jamaica and Ghana to be implemented 9:25 am
Business
A better understanding of the Business Process Outsourcing Industry (BPO)
The Business Process Outsourcing (BPO) industry in Jamaica provides approximately 36,000 jobs and involves 60 companies across the island making it a very important contributor to the nation's economy. In Jamaica, this industry is valued at more than US$400... Read More
CAC 2000 looks to Caribbean expansion
WITH some 80 years in the local air conditioning business, CAC 2000 Ltd has changed its operational strategy following a challenging 2018, while looking towards regional expansion. Read More
GraceKennedy to relaunch Nurishment brand in Europe
GRACE Foods UK Limited will relaunch its 'Nurishment' branded products as part of plans to improve the performance in the European market. Read More
Last cruise ship leaves Cuba as fresh US sanctions bite
HAVANA, Cuba (AFP) — The last US cruise liner to stop over in Cuba sailed out again Wednesday as stepped-up US sanctions against the Communist-run island came into force. Read More
Eppley Caribbean Property Fund secures $650M in funding for new aquisitions
Eppley Caribbean Property Fund Limited SCC (ECPF or the Value Fund), a publicly listed property fund in Barbados and Trinidad and Tobago, has closed on a $650 million bridge facility from NCB Capital Markets Ltd to partially fund the acquisition of additional income... Read More
Antigua and St Kitts defend Citizenship by Investment Programme
BRIDGETOWN, Barbados (CMC) — The governments of Antigua and Barbuda and St Kitts-Nevis have strongly defended their respective Citizenship by Investment Programmes (CBI) that some regional countries use as a means of luring foreign investments. Read More
Canada suspends operations at embassy in Venezuela
OTTAWA, Canada (AFP)— Canada announced Sunday it was temporarily shutting its embassy in Venezuela, blaming President Nicolas Maduro for refusing to accredit diplomats critical of his regime. Read More
Cuba's support for Maduro 'not negotiable' despite US sanctions
HAVANA, Cuba (AFP) — Cuba rejected the latest US restrictions on travel to the island yesterday and stressed that its support for Venezuela's President Nicolas Maduro is “not negotiable”. Read More
Haiti central bank governor concerned about depreciation of local currency
PORT AU PRINCE, Haiti (CMC) — Governor of the Bank of the Republic of Haiti (BRH), Jean Baden Dubois, has expressed concern about the deterioration of the national economy in the wake of the depreciation of the local currency — the Gourde. Read More
Fontana reports strong Q3 results
Fontana Pharmacy is reporting a third quarter revenue of $951 million, a 6.8 per cent increase over the $890-million recorded in the corresponding quarter of the previous year. Read More
Jampro targets Colombia for BPO investments
JAMAICA Promotions Corporation (Jampro) is collaborating with organisations in Colombia to target the country for business process outsourcing (BPO) projects that require English-speaking services. Read More
Microcreditors determined to push for changes to Microcredit Bill
BOTH the Government and microfinanciers are convinced that they can find adequate common ground to have the new Microcredit Bill passed this year. But, it is obvious that this will depend on how much each side is willing to give up to complete the process. Read More
Medical Disposables celebrates profit despite forex volatility
HEALTH care and consumer products distributor, Kingston-based Medical Disposables and Supplies Limited (MDS), is reporting that the company was able to generate a year-end profit in spite of the volatility of foreign exchange fluctuations that squeezed profit margins. Read More
First Rock reveals real estate investment plans
First Rock Capital Holdings Limited (FRCH) has announced plans for the investment of some US$30 million in real estate deals in Jamaica, the wider Caribbean, and even extending into the United States. Read More
Buying a piece of paradise
TRANSFER tax and stamp duty rates have been slashed, the economy is... Read More
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