National Housing Development Corporation (NHDC) flogging mortgage portfolio
THE NATIONAL Housing Development Corporation (NHDC) is willing to again put on the market its approximately $3 billion portfolio of Greater Portmore mortgages, but says it will sell only if gets a good offer.

Tax holiday for small businesses, says Shaw
Western Bureau: SMALL ENTREPRENEURS such as those in the tourist industry should get a tax holiday, says Shadow Finance Minister Audley Shaw. "I believe that the private sector in Jamaica needs to be given a red carpet where you cut out the red tape...

MiPhone to make comeback
SAYING THAT it intends to be more visible and aggressive, MiPhone has structured its management hoping to grab a bigger share of Jamaica's competitive market for mobile telephones and other telecommunications services.

Duties lifted for energy savers
AS OF August 1 this year,import tariffs and the General Consumption Tax will be lifted from key energy saving devices. Lifting levies on the 30 devices, excluding solar water heaters, is part of the ministry's energy policy to promote energy conservation.

Number of global millionaires grows
DUBAI, United Arab Emirates (AP): THE INCREASING ease of becoming a millionaire became clear Tuesday, with the announcement that the ranks of world millionaires had swelled to 8.7 million last year - half a million more than the population...

WEEK ON THE WEB
BILL GATES TO RETIRE - Microsoft Corporation announ-ced recently that effective July 2008 Bill Gates (Microsoft chairman), will transition out of a day-to-day role in the company to spend more time on his non-profit global health and education work...

Housing - A property solution
LAST THURSDAY, while addressing the Women's Leadership Initiative as their guest speaker at the Jamaica Pegasus hotel, Prime Minister Portia Simpson Miller rounded off her speech with a passionate commitment to continue to work to find housing...

Foolish condo leaders build their future on the sand!
Question: The cost of homeowners insurance is skyrocketing. Many owners of strata lots are resorting to self-insurance. Is this a wise practice? What are the benefits? What happens when most owners do not pay maintenance on time and are often in arrears?.