IDB approves US$5m trade finance loan to First Global
The Inter-American Development Bank (IDB) has approved a US$5 million line of credit to First Global Bank (FGB), which First Global intends to use to provide low-cost loans to Jamaican firms involved in international trade.
CWJ plans $200m Internet upgrade - Expects to support 128,000 customers at end of expansion
In response to overcapacity problems and the need to improve its network to facilitate its expansion thrust in Internet and data services, Cable and Wireless Jamaica (CWJ) is undertaking a J$200 million network...
Court paves way for Dorchester sale
Almost a month after it was confirmed by the Court of Appeal as the legitimate holder of the mortgages, the Jamaica Redevelopment Foundation (JRF) has put up for sale 31 apartments at the Dorchester Apartment Complex ....
Contributors benefit from pension surpluses
On Sunday, December 24, Sunday Business carried an article entitled "Defined Benefit Plan Versus Defined Contribution Plan" under the caption "Pension".
Oil rises, ends steepest slide in 2 years
NEW YORK, (Reuters):Oil pulled out of the steepest dive in two years on Friday as positive United States job growth data countered ongoing mild weather and rising inventories in the world's top consumer.
Luxury is the future of the Jamaican tourism industry
No one appeared to imply that prices have to be in the stratosphere and properties so exclusive as to be the preserve of the few.
Bankers anticipate stronger economic growth in 2007
On Wednesday this week I asked a high-powered financial services panel assembled for the fifth annual Caribbean Master's of Business Administration (MBA) conference their views on the economy...
Two-way radio cell phones a nice touch
Two of Jamaica's telecommunication conglomerates have introduced the poplar push-button communication feature from a cellular phone, a service quite popular in the United States.
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