Hostage to a bridge - Haynes looks to the sea
Hostage to a bridge Haynes looks to the seaLast week's collapse of the Hope River bridge - a significant link between Kingston and eastern Jamaica - has reduced access by the island's sole cement manufacturer to critical raw materials and could speed up plans by Carib Cement...
Killer Gustav too tame for insurance
The pummelling the Caribbean and the United States Gulf region endured last week from Hurricane Gustav may not immediately change the "competitive dynamics" in insurance markets. But already high, and potentially rising catastrophe payouts, will reverse...
Back in the fold
Michelle Wilson-Reynolds has returned to Capital and Credit Financial Group in a 'senior' role, reconnecting with the company that, while she was gone, underwent a reconstruction and shifted from private ownership to a publicly listed company...
Capital projects sacrificed on the altar of debt
Jamaica has shaved close to $4.5 billion off its spending plans so far this year, more than enough to offset the $362 billion shortfall in tax collection and grants as at July, but at heavy cost to routine, state-assisted capital projects and programmes...
Caribbean sugar underperforms - Strong euro props up earnings
The Caribbean sugar crop has underperformed in the season just ended, falling well below production target, even after a new goal was set in easier reach in May.Sugar volumes reached 519,481 tonnes in July at the close of the season, but this was more than 40,000 tonnes below ...
Taxes blown off course - Inland Revenue says Nov 1 is d-day for evaders
Viralee Latibeaud-iere, acting Commissioner of the Inland Revenue Department, says Tropical Storm Gustav will likely push her department's collections off target, but only marginally. Prior to the storm, the department was ahead on collections...
Blackberry Bold in Jamaica
Cable and Wireless Caribbean and Research In Motion (RIM) today announced that the feature-rich BlackBerryÆ Bold smartphone will be available in C&W's markets across the region from Friday September 4, even before its release in the United States.
Commentary: A blend of Bolt, Beijing and the Bird's Nest - Lessons for Jamaica's own gold standard
The Beijing Olympics was special; successful for the Chinese and Jamaicans too.China won its bid to host the games in July 2001. They spent seven years creating US$43 billion worth of infrastructure with imaginative vision as a bridge to the future...
CCRIF gets industry recognition
The Caribbean Catastrophe Risk Insurance Facility, which provides coverage for hurricane and earthquake damage to regional governments, has taken home the industry prize this year for innovation.The multi-nation catastrophe risk fund, operational since June 2007, is the first...
Virgin interested in Gatwick
Virgin Atlantic Airways Limited, the privately owned British airline controlled by billionaire Richard Branson, said Tuesday it would be interested in bidding for London's Gatwick Airport as part of a consortium.Gatwick could be up for sale next year...
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