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JMD undergoing yearly check-up for bloatedness - IMF assessing whether Jamaican currency still overvalued
Jamaica Gleaner, Wed 16 Apr 2014, 04:04 AM

The International Monetary Fund (IMF) is doing another assessment of the Jamaican dollar to determine whether it is still overvalued and the degree to which it should be adjusted to boost competitiveness....

New $200m residence for US ambassador - Businessman gives up dream home for American diplomat
Jamaica Gleaner, Wed 16 Apr 2014, 04:04 AM

Realtor Deborah Cumming said Friday that she has concluded a deal that was one year in the making to procure a residence - built to specifications - for the new United States (US) ambassador to Jamaica who is expected...

Elephant gets larger, grows workforce fivefold
Jamaica Gleaner, Wed 16 Apr 2014, 04:04 AM

The Elephant Group which moved into a larger operating space at the end of March says it has grown its workforce from 80 to 400 employees.The business process outsourcing firm says it has landed new contracts in its first year of operation."We have...

Bourse Securities placed on Rating Watch
Trinidad Guardian, Wed 16 Apr 2014, 03:04 AM

Wednesday, April 16, 2014Less than a week after he resigned under intense public pressure, the founder and CEO of one the country’s brokerage houses, Subhas Ramkhelawan, has received more bad n

Former TTMA president dies
Trinidad Guardian, Wed 16 Apr 2014, 03:04 AM

Wednesday, April 16, 2014Karen De Montbrun, the first female president to lead the T&T Manufacturers’ Association (TTMA), has died. Deeming her a mother figure and a compassionate human bei

First Citizens jumps $0.67
Trinidad Guardian, Wed 16 Apr 2014, 03:04 AM

Wednesday, April 16, 2014Overall market activity resulted from trading in 17 securities of which six advanced, three declined and eight traded firm. Trading activity on the First Tier Market registered a volume of 130,573

Bharath: Need to offer better export quality
Trinidad Guardian, Wed 16 Apr 2014, 03:04 AM

Nadaleen SinghWednesday, April 16, 2014Trade, Industry and Investment Minister, Vasant Bharath, second from left, chats with Executive Director (Ag) Trinidad and Tobago Bureau of Standards (TTBS), Theodore Reddock left, as Physikalisch-Technische Bundesanstalt (PTB) consultant and facilitator for CALIDENA, Ulrich Harnes-Liedtke right and Financial Officer CARICOM Regional Organisation for Standards and Quality (CROSQ) Russell Franklin during the opening of the National Calidena Workshop held at

Auto dealers file injunction against Minister’s policy
Trinidad Guardian, Wed 16 Apr 2014, 03:04 AM

Reshma Ragoonath and Shastri BoodanWednesday, April 16, 2014The Trinidad and Tobago Automotive Dealers' Association (TTADA) was yesterday granted an injunction restraining the implemenation of Tra

JPS goes after $10-b annual return
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

JAMAICA Public Service Company (JPS) is hoping to clear US$94-million ($10.3 billion) profit a year should its proposed rate hike be approved.

Avoid charlatan accountants, says ICAJ
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

THE Institute of Chartered Accountants of Jamaica (ICAJ) warned businesses to avoid charlatan chartered accountants that offer cheaper but materially inferior service.

French to fill void for local chocolate
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

MEDIUM-SIZED coffee and cocoa farmer Averell French recently set up a chocolate manufacturing unit in Jamaica aimed at filling a void left by the stalled Highgate brand.

Devaluation, paper costs hit AMG Packaging
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

AMG Packaging Paper Company reported a 50 per cent decline in second quarter profits, the corrugated box manufacturer's bottom line dragged down by devaluation of the Jamaican dollar and rising paper costs. according to the firm.

Phone advances with 8.1 update
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

NEW YORK, USA

weapon of choice
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

LAST week, news broke worldwide of a new computer virus discovered known as the "Heartbleed" computer bug, which allows hackers to manipulate the OpenSSL encryption software used by most websites, giving them access to stored data such as credit card information, passwords, and other personal details. Internet giants such as Google, Microsoft and LinkedIn went into an unsurprising panic, encouraging users to change their passwords. After all, it was not very long ago that social media website L

US homebuilder confidence edges up in April
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

US homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.

Stocks — A viable investment
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

Determining your objectives will assist in dictating your investment profile. The gains expected from the investment will vary from person to person based on their risk appetite. Generally, there are two types of investment strategy which are applicable -- long-term and short-term investing.

GM sales eyed for impact of ignition switch recall
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

MICHIGAN, USA

Yellen: Big banks might
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

WASHINGTON, USA

Yahoo's 1Q highlighted by Alibaba, modest ad gains
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

SAN FRANCISCO, USA

Finmeccanica shares down on CEO change
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

MILAN, Italy (AP) — Investors signalled concern yesterday at a change of leadership at the scandal-plagued Finmeccanica defence contractor as part of sweeping management changes announced by Italian Premier Matteo Renzi at four strategic state-backed firms.

Gov’t moves towards eliminating deferred payment with accrual accounting
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

GOVERNMENT will next year start the process of removing a key means for shaveing billions off the budget in its phased re-adoption of accrual accounting.

Paramount's profit falls
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

PARAMOUNT Trading, posted a 60 per cent decline in profit as a result of a one-off gain on amalgamation of Stamina Trucking.

Coca-Cola sells more drinks but soda dips
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

NEW YORK, USA

World stocks drop on Ukraine, China jitters
Jamaica Observer, Wed 16 Apr 2014, 02:04 AM

LONDON, England

Bourse credit rating on ‘watch’
Trinidad Express, Wed 16 Apr 2014, 12:04 AM

Credit rating agency Caribbean Information and Credit Rating Services Ltd (CariCRIS) has placed its rating of Bourse Securities Ltd on a “rating watch”.

Businesswoman Karen de Montbrun dies at 63
Trinidad Express, Wed 16 Apr 2014, 12:04 AM

Businesswoman Karen de Montbrun died yesterday morning after a two-year battle with amyotrophic lateral sclerosis (ALS) or Lou Gehrig’s disease. She was 63 years old.

Coca Cola sells more drinks but soda sales drop
Jamaica Observer, Tue 15 Apr 2014, 11:04 AM

The world's biggest beverage maker said Tuesday that its global sales volume for soda fell for first time in at least a decade. The drop was offset by stronger sales of noncarbonated drinks such as juice, and overall volume rose two per cent.

Howai confident in SEC and DPP
Trinidad Guardian, Tue 15 Apr 2014, 08:04 AM

Raphael John-LallTuesday, April 15, 2014Finance Minister Larry Howai chats with chairman of the Integrity Commission Ken Gordon during the break at the state boards corporate governance seminar on "Promoting Effective State Enterprise Management" held at Hyatt Regency Hotel, Port-of-Spain, yesterday. PHOTO: SHIRLEY BAHADURFinance Minister Larry Howai said he is “comforted” that both the office of the Director of Public Prosecutions (DPP) and the T&T Securities Exchange Commiss

First Citizens Bank gains $0.26
Trinidad Guardian, Tue 15 Apr 2014, 08:04 AM

Tuesday, April 15, 2014 Overall market activity resulted from trading in 16 securities of which six advanced, one declined and nine traded firm. Trading activity on the First Tier Market registered a volume of 125,502 sh

US stocks recover some ground on retail sales gain
Trinidad Guardian, Tue 15 Apr 2014, 08:04 AM

Tuesday, April 15, 2014US stocks mounted a modest rally on yesterday, helping investors recover some of the ground lost after a rough finish last week. Investors were bracing for another round of discouraging earnings an

Howai: State sector must focus on ethics
Trinidad Express, Tue 15 Apr 2014, 01:04 AM

Even as it seeks legislation to strengthen its powers, the Integrity Commission is actively investigating complaints it receives about public servants.

Oil price seesaws near US$104 amid Ukraine tensions
Jamaica Gleaner, Tue 15 Apr 2014, 01:04 AM

The price of crude oil was volatile around US$104 a barrel on Monday amid escalating tensions in Ukraine. By early afternoon in Europe, benchmark US crude for May delivery was down 11 cents to US$103.63 a barrel in electronic trading on the New York...

GlencoreXstrata selling Peruvian mine to Chinese consortium
Jamaica Gleaner, Tue 15 Apr 2014, 01:04 AM

A group of Chinese state-owned companies is buying a Peruvian copper mine from GlencoreXstrata Plc for US$5.85 billion, adding to a wave of Chinese resource acquisitions abroad.Glencore, based in Switzerland, said Sunday it signed an agreement to sell...

Closer public/private partnership needed for meaningful growth — Byles
Jamaica Observer, Mon 14 Apr 2014, 03:04 PM

KINGSTON, Jamaica — Co-chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, said Monday morning that the government and the private sector will have to cooperate more closely to achieve “meaningful growth” this fiscal year.

Fox new anchor for Invest Caribbean
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

Monday, April 14, 2014NEW YORK—New York Hall of Fame Broadcaster and winner of more than 30 Emmy awards and nominations, Ernie Anastos, is set to emcee the biggest investment summit on the Caribbean out

McCann wins big at Caribbean Addy Awards
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

Monday, April 14, 2014McCann Port-of-Spain was a big winner at the 2014 Caribbean Creative Addy Awards, winning 12 gold and 18 silvers. The agency won awards for some of Trinidad’s most well

IDB calls for proposals on public goods
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

Monday, April 14, 2014The Inter-American Development Bank (IDB) has launched the 2014 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC).

Galaxy S5 debuts at The Falls
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

Monday, April 14, 2014These young women were part of the buzz at bmobile Westmall for the launch of the Samsung Galaxy S5The Samsung Galaxy S5 took centre stage at bmobile’s the Falls at West Mall’s Retail Store when it officially went on sale to the general public on April 8. Slim line,

Chamber president: Illegal businesses in Chaguanas
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

SHASTRI BOODANMonday, April 14, 2014Chaguanas Chamber President Ritchie Sookhai, left, at the head table with National Security Minister Gary Griffith and Chaguanas Mayor Gopaul Boodhan for the breakfast meeting. Photo: Vindra Gopaul-boodanPresident of the Chaguanas Chamber of Commerce Ritchie Sookhai, says the central Trinidad borough is suffering from “a plague of illegal

Major economies express confidence about growth
Trinidad Guardian, Mon 14 Apr 2014, 03:04 AM

Monday, April 14, 2014WASHINGTON—Finance officials of the world’s major economies expressed confidence that they can meet an ambitious goal of boosting global growth by US$2 trillion over the next five

Key players in the manufacturing sector deliver
Trinidad Express, Mon 14 Apr 2014, 02:04 AM

Today we at Bourse review the performance of some of the major players in the manufacturing sector: West Indian Tobacco Company Limited (WCO), Unilever Caribbean Limited (UCL) and One Caribbean Media Limited (OCM) for the fiscal year ended December 31, 2013.

St Mary Parish Council going paperless
Jamaica Observer, Mon 14 Apr 2014, 02:04 AM

THE St Mary Parish Council is hoping to see significant savings from its decision to go paperless as it equip its members with tablet computers.

Create business enviro, says Barnswell
Jamaica Gleaner, Mon 14 Apr 2014, 01:04 AM

Scean Barnswell, mayor of May Pen, has urged residents of Rocky Point, Clarendon, to find innovative and creative ways to encourage business in their community.Mayor Barnswell was speaking at the official ceremony to hand over the newly constructed...

Jamaicans loving JPS eStore
Jamaica Gleaner, Mon 14 Apr 2014, 01:04 AM

Jamaica Public Service's (JPS) flagship eStore along Ruthven Road has been open for little over a year and has seen bright business.eStore ePro (sales rep) Kaylee Hines told The Gleaner the best-selling product is the eStore...

Investing for the long term
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

Sunday, April 13, 2014Larry Howai Finance MinisterThe Finance Minister, Larry Howai, said in his address at the Caribbean Centre for Money and Finance’s Venture Capital Seminar that venture capital is one avenue throug

Understanding bond investing: It’s a matter of balance
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

DAVID H FOXSunday, April 13, 2014It’s a common misconception to think of bonds as “plain vanilla” investments that are appropriate only for certain types of people, such as financially conservative retirees.

Guardian Holdings announces
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

Sunday, April 13, 2014Resignation:

ANSA Merchant Bank Ltd 2013: Overall positive results
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

Sunday, April 13, 2014One factor that hugely influenced ANSA Merchant Bank Ltd’s 2013 results was the 81.5 per cent reduction in its provision for impairment of investments.    

Why leaders derail
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

Sunday, April 13, 2014What does derailment have to do with leadership and why do leaders derail?

IMF: Latin America and the Caribbean in low gear in 2014
Trinidad Guardian, Sun 13 Apr 2014, 06:04 AM

Sunday, April 13, 2014On Tuesday April 8, 2014, the International Monetary Fund (IMF) released its World Economic Outlook (WEO).