Saturday, July 04, 2009 6:57 AM

Business

The Caribbean Cement dilemma — to manufacture or not

Dennis Chung

I have been following with some interest the recent tribulations of Caribbean Cement (CCCL), as they seek to justify imposing CET on imported cement. In contrast there are others against the CET, arguing that the 2006 experience of bad cement from CCCL almost shut down the construction industry and should never be allowed to happen again....more


A noble masterplan for Air Jamaica — Part III

Friday, July 03, 2009

The privatisation committee of Air Jamaica chaired by Dennis Lalor has now made its recommendation to the government as to who would be best suited to acquire the national carrier Air Jamaica....more

Lennox McLeod looks to establish Jamaica's first credit bureau

Friday, July 03, 2009

For the last decade there has been a consistent call for an effective credit bureau that would serve Jamaica's financial sector and assist in creating better credit terms for customers. Leading the charge has been the former head of the Jamaica Bankers' Association (JBA) and former CEO of Scotia Group, Bill Clarke....more

Patty row fanned by emotion, misinformation

Friday, July 03, 2009

The recent impasse surrounding a shipment of patties from Jamaica to Trinidad and Tobago was "a most unfortunate situation, where highly emotive declarations, unsupported by data or factual evidence, have been consistently repeated by media", according to Senator Mariano Browne, Trinidad's minister of trade & industry and minister in the ministry of finance....more

Fujitsu consolidates key business units

Friday, July 03, 2009

As part of Fujitsu Limited's business restructuring in executing its global business strategy to consolidate key business units outside of Japan, Fujitsu's Caribbean operations became wholly owned subsidiaries of Fujitsu America Inc....more

IMF praises Ireland's response to recession

Friday, July 03, 2009

The International Monetary Fund (IMF) has praised the Irish government for its fast response to Ireland's recession, but stressed much work remained to fully mend the eurozone nation....more

Africa's telecoms industry still red-hot

Friday, July 03, 2009

Investment in Africa's telecom industry remains unabated despite the economic slowdown, with international providers set to increase their presence, a report said Wednesday....more

Demand for Law Places Outstrip Supply — Prof Vasciannie

Friday, July 03, 2009

The demand for law places at the Faculty of Law at the University of the West Indies (UWI) has far outstripped the number of available places....more

Migration headache for Caricom talks

Friday, July 03, 2009

The current economic climate has laid bare some of the pent-up frustrations within the Caribbean Community (Caricom), according to some analysts....more

Finance Minister calls for urgent increase in IDB capital base

Friday, July 03, 2009

The Minister of Finance and the Public Service, Audley Shaw, is calling for an urgent increase in capital for the Inter-American Development Bank (IDB), which he said, "is an issue that cannot be allowed to drag on any longer by indecisio and procrastination"....more

Jamaica's IFC will not operate as a tax haven — Shaw

Friday, July 03, 2009

Minister of Finance, Audley Shaw, has assured Parliament that Jamaica will not earn the reputation of a tax haven, when the proposed International Financial Centre (IFC) is established in downtown Kingston....more

RBTT posts TT$346-million profit in Trinidad &Tobago

Friday, July 03, 2009

One year after it was acquired by The Royal Bank of Canada, Port of Spain-based RBTT Bank Ltd has posted after-tax profits of TT$346 million for its financial year ended March 31, 2009....more

Barbados' immigration rules still stand despite what regional leaders think — Thompson

Friday, July 03, 2009

Barbados'Prime Minister David Thompson is disheartened by the responses to his domestic immigration policy coming from regional leaders....more

Sixty per cent water rate hike in Barbados

Friday, July 03, 2009

Barbadians can expect a 60 per cent increase in water rates as of this week....more

Caribbean Development Fund to help implement single market and economy

Friday, July 03, 2009

Chief executive officer (CEO) of the Caribbean Development Fund (CDF), Ambassador Lorne McDonnough, says the CDF is expected to cushion any shocks faced by smaller and more vulnerable economies and sectors within the Caribbean Community (Caricom), with the establishment of the Caricom Single Market and Economy (CSME)....more

Republic Bank slashes lending rates

Friday, July 03, 2009

Commercial and corporate bank customers have been given a huge break on borrowing costs....more


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