Saturday, May 25, 2013UNITED NATIONS—Global economic growth is projected to gain slow momentum for the rest of the year, a United Nations economic forecast said. The UN’s Development Policy and Analysis

Saturday, May 25, 2013Overall market activity resulted from trading in 12 securities of which three advanced, three declined and six traded firm. Trading activity on the First Tier Market registered a volume of 29,245 s

Gail AlexanderSaturday, May 25, 2013After he said it on Thursday, Jack Warner’s remark—“What goes around comes around”—might have been perceived to be applying in all different political quarters with all manner of interpretations. W

Saturday, May 25, 2013The inflation rate slowed in April, dropping to 5.5 per cent from the 6.9 per cent recorded the previous month, the latest data released by the Central Statistical Office shows. However, while ther

Raphael John-LallSaturday, May 25, 2013CEO of the T&T Stock Exchange Wayne Iton says the Initial Public Offering (IPO) of shares in First Citizen Bank (FCB) will be a sound investment.

Trinidad and Tobago’s inflation rate decreased to 5.5 per cent in April, the Central Bank said in a release yesterday.

The long-awaited First Citizens initial public offering of shares to the Trinidad and Tobago Stock Exchange will launch at the end of June, and is expected to be completely up-and-running by July.

DO YOU grow black mint? How about culinary herbs? Well, Evelyn Smith, president of the Jamaica Hotel and Tourist Association, said there was the potential for these products to end up on the plates of visitors in the tourism sector.

AFTER SPENDING 28 years in England, Florence Powell returned home with husband Owen in 1992 and is enjoying a new lease on life in Southfield, St Elizabeth, where she is quietly building a solid reputation as a top-class dress designer.

KINGSTON, Jamaica — The Barbadian man who won the $362 million Super Lotto Jackpot claimed his prize today.

JIS

Raphael John-LallFriday, May 24, 2013Commissioner of Valuation Ronald Heeralal said “vultures” pretending to be property valuators are taking advantage of people who are being relocated from the route o

Friday, May 24, 2013First Citizens Group Chairman Nyree AlfonsoFor the six month period ended March 31, the First Citizens Group achieved a before tax profit of $388.7 million. According to interim results published yesterday, this represents $40 million or 11

Friday, May 24, 2013Petrotrin says it does not export lube oils to Jamaica. The State-owned energy company responded yesterday to claims made last week by Jamaica exporters of unfair trade practice, saying the reports

Friday, May 24, 2013Overall market activity resulted from trading in five securities of which two advanced, one declined and two traded firm. Trading activity on the First Tier Market registered a volume of 150,034 sh

Anthony WilsonFriday, May 24, 2013Rampersad Motilal, former chief executive officer of Methanol Holdings (Trinidad) LtdRampersad Motilal has resigned as the chief executive officer of Methanol Holdings (Trinidad) Ltd, T&T’s largest majority locally owned company. 

The cruise industry said Wednesday that it's adopting a passenger bill of rights that guarantees the "safety, comfort and care" of guests.The bill of rights promises, among other things, full refunds for trips that are cancelled due to mechanical...

On Thursday, May 16, while travelling back from the country, I listened with enjoyment on Nationwide radio to the participants in a forum put on by the Jamaica Civil Society Coalition (JCSC) to launch its...

Leading senators working to resolve a key issue on immigration legislation have agreed to a compromise covering expansion of a high-tech visa programme, officials said Tuesday, resolving one of two major hurdles to committee passage of the landmark...

President of the Caribbean Congress of Labour (CCL), David Messiah, is urging trade unions to help establish a labour market information system (LMIS) within the Organisation of Eastern Caribbean States (OECS).

Chief executive officer of Methanol Holdings (MHTL) Rampersad Motilal has resigned from the energy company.

Business organisations are happy to see an investigation by the Trinidad and Tobago Police Service (TTPS)is being conducted into allegations made in Parliament about controversial e-mails during the debate on the no-confidence motion against the government this week.

KINGSTON, Jamaica - Interest rates have been on the rise since the last Government debt swap.

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 bridge between Jamaicans in England and Jamaica, and creating channels to address the need, both locally and overseas, for savings and investments.

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.

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 for her successor.

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.

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.

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.

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.

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.

Berger is already a dominant name in paints, but the new man in charge wants an even bigger slice of a market that has remained soft over six years, coinciding with the period when the economy lost all of its gloss....

CRIF NM Credit Assure Limited and Creditinfo Jamaica Limited have received final approval from the Bank of Jamaica (BOJ), clearing the way for the credit bureaus to begin issuing credit reports.The approval followed audits...

Financial stocks fizzled in the March quarter, and the Bank of Jamaica (BOJ) is blaming it on the weak economy and currency fluctuations. The top declining stocks during the period were all financial corporations hurt by the wider economy, the central...

A Jamaican consortium comprising Musson Jamaica and Tank Weld Group this week revealed that it would harness more than US$60 million (J$5.94b) from local investors to partly finance its proposed liquefied gas power plant.Overseas partner Wartsila will...

Cable and Wireless Communications (CWC), the parent company of LIME Jamaica, earned US$20 million from its local subsidiary at yearend March 2013, which was about one-third less in operating profit, or EBIDTA, earned from Jamaican transactions a year ago....

PARIS (AP) -- International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over her role in the 400 million euro (US$520 million) pay-off to a controversial businessman when she was France's finance minister.

The board of governors of the Barbados-based Caribbean Development Bank (CDB) began a two-day meeting in St Lucia with a warning to regional countries that while they urgently need to address their fiscal and debt issues, a narrow adjustment programme...

An American company that monitors global Internet traffic says Cuba has activated a branch of its submarine fibre-optic cable that connects to Jamaica, giving it greater bandwidth and a backup in case the main leg to Venezuela is not available.Senior...

The JamaicaN Government is to table amendments to the Caribbean Community (Free Movement of Skilled Persons) Act so as to broaden the categories of skilled nationals able to access jobs in other regional countries.Labour and Social Security Minister...

Thursday, May 23, 2013The Tobago House of Assembly (THA) will deliver budget estimates for the fiscal year 2013 – 2014 next month, Chief Secretary Orville London announced yesterday. London

Retired BWIA pilot Cpt Azad Niamat will be the newest member of the Caribbean Airlines board of directors, Finance Minister Larry Howai said yesterday.

Six months into the new financial year, Finance Minster Larry Howai has said that revenues to the State are up, and expenses are down. But this is both a good and bad thing, he said.

Raphael John-LallThursday, May 23, 2013Ansa Merchant Bank managing director Gregory N. Hill, left, Gerry Brooks, Group Chief Operating Officer of Ansa McAL Limited and Anthony N. Sabga, chairman of Ansa McAL, speak after Ansa Merchant Bank's 35th annual meeting of shareholders yesterday. PHOTO: KEARRA GOPEEAnsa Merchant Bank made an after tax profit $149.6 million last year.

Thursday, May 23, 2013Two Angostura directors have joined the board of Paragon Vintners, an English spirits distributor that is the local rum producer’s sister and which has been in the process of being wound down for t

Thursday, May 23, 2013Gail Ragoobar – Retail Sector, left, Bronyia Sucre – Financial Services Sector, Emmanuel Sylvester – Manufacturing Sector, Christopher DeSilva – Services Sector, Victor Bellamy – Distribution Sector, A Norman Sabga, chairman and chief executive of the ANSA McAL Group, Sean Griffith – Corporate, Timothy Mohammed – Media Sector, Shalima John – Beverage Sector and Cecil Trotman – Automotive Sector.The ANSA McAL Group honoured its 2012 Sector Performers at an

One of the occasional tasks that I find tedious and inconvenient is filling out forms or questionnaires. Whether I'm required to carry out a survey, complete documents for a financial institution or even submit contact information online, I usually have to overcome my initial resistance to the process.

Thursday, May 23, 2013LONDON—The International Monetary Fund has softened its assessment of the British government’s economic policies, saying in a report Wednesday that it did well to ease its pace of

Thursday, May 23, 2013Money traders work under screens indicating the US dollar rate against the Japanese yen at a foreign exchange company in Tokyo. AP PhotoTOKYO—A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan’s main trading partners, who are betting the impact on thei

Nadaleen SinghThursday, May 23, 2013The mid-year review of the national budget may be “a bit larger than last year,” Finance Minister Larry Howai said yesterday, although he admitted that he has not seen