Knight and Junor partner with Bert Samuels in new law firm
K.D. KNIGHT and John Junor, who left the Cabinet when Portia Simpson Miller became Prime Minister is March, have launched a law partnership with another well-known Jamaican attorney, Bert Samuels. "It is a true partnership," Junor said.

Mirant credit rating on watch list
SAYING THAT the sale of its international assets will reduce the company's future cash flow as well as its portfolio diversification, the rating agency Standard & Poor's announced this week that it has placed Mirant Corporation and its subsidiaries...

Air Jamaica digs in downtown Kingston
AIR JAMAICA is securing its position in downtown Kingston with an attempt to acquire proper parking facilities. The Air Jamaica move comes after its former private owners sought to sell the corporate headquarters and shift its operations to Montego Bay...

Montego Co-operative Credit Union record breaker
WESTERN BUREAU: FOR THE third consecutive year, The Montego Co-operative Credit Union (MCCU) has made record-breaking payout of surplus to members. Coming out of its recent 23rd annual general meeting, members approved an 11 per cent dividend...

Cuba plans big increase in ethanol production
HAVANA Reuters: CUBA HOPES to take advantage of high sugar prices and the ethanol boom to revitalise its industry and greatly increase alcohol production, a senior ministry official said Tuesday.

Big profits for Caribbean hotels
BRIDGETOWN, Barbados (CMC): DESPITE HIGH operating costs, the profitability of Caribbean hotels continues to be high, according to a recently released study. The study, which was conducted by PKF Consulting, and based on financial statements...

Clarke hails region's agriculture policy
SAN JUAN, Puerto Rico (CMC): JAMAICA'S AGRICULTURE Minister Roger Clarke has praised the regional agricultural policy being pursued by Caribbean governments saying it will ensure that the agricultural sector is given priority in the future...

Jamaica, 10 years on: 2016
JAMAICA IS at a major cross-roads today where it has to position itself for where it wants to be in the competitive ranking of nations ten years from now. It has to decide what path it will take and how it will proceed to get there, by the time the year..

Debate over spending of Trinidad's petro-dollars
PORT-OF-SPAIN, Trinidad: ALTHOUGH TRINIDAD and Tobago's economy continues to grow at a phenomenal rate with most of the macro-economic indictors reading positive, debate continues over whether the country's revenues from the buoyant energy sector...

Turkey inaugurates Caspian oil pipeline
CEYHAN, Turkey (AP): THE PRESIDENTS of Turkey, Azerbaijan and Georgia formally opened a pipeline Thursday designed to bypass Russia and bring Caspian oil to Europe, a route that United States president George Bush said would bolster global energy...

FirstCaribbean boosts stake in Jamaica subsidiary
FIRSTCARIBBEAN Inter-national Bank (FCIB) has deepened its shareholding in its Jamaican subsidiary with the supplemental listing, according to the Jamaica Stock Exchange website, of 72 million ordinary shares.

Concepts behind the trading of Government of Jamaica securities
THE GOVERNMENT of Jamaica issues debt instruments such as treasury bills and bonds. Bonds are issued locally or internationally (the latter referred to as 'Global bonds'). Prior to the revision of International Accounting Standard (IAS) 39...