Clampdown on costly customs waivers - Concessions eat away 50%of duties, says Shaw
Fighting an expanding fiscal deficit, Minister of Finance Audley Shaw said Thursday that businesses should brace for reform of the system of waivers at Customs that deny the Treasury billions in revenue, as Jamaica plots its medium-term strategy...
Tank-Weld lands $100m truck scale job
The first weight scale to monitor trucks is to be constructed at Harbour View in Kingston at a cost of $100 million, Jamaica House announced Wednesday. The contract to erect the permanent structure, which has cleared the final hurdle, Cabinet approval...
SVL ready to roll with sports betting
Supreme Ventures Limited (SVL) will start rolling out its sports betting operation next month, with expectations that the new venture will attract between US$50 million and US$100 million per year from gamblers making wagers on winners....
GraceKennedy commissions pepper-mash plant
GK Foods, a division of GraceKennedy Limited, has commissioned a factory in St Elizabeth to produce pepper mash and escallion mash, using raw material supplied by local farmers.The 10,000-square foot factory is projecting production volumes of one...
Bartlett projects 2-4% growth this winter
Minister of Tourism Edmund Bartlett is projecting a two to four per cent growth for the upcoming winter tourist season, but hoteliers are holding back on forecasts saying the market is still unpredictable. Bartlett's projection for growth is based...
Cement supply guaranteed, import waiver in jeopardy
Industry minister Karl Samuda has gone silent amid signals out of Georgetown that Jamaica's request for an extension of its cement waiver is on the verge of being denied, unless other persuasive arguments prevail....
Commentary - 'What's past is prologue'
Today Barack Obama has critical decisions to take. He must contemplate the 'public option' - government provided care competing with private insurers - for health care delivery, how to respond to Fox News in its intensified role as spearhead ...
Telecoms - Signals defends analysis
On October 16, the Financial Gleaner published a letter written by Digicel Jamaica CEO, Mark Linehan, under the title 'Digicel pushes back' in reference to an analysis published by Signals Telecom Consulting on September 23, 2009...
Insurance agency launches share offer targeted at cooperatives
NUCS Cooperative Insurance Services Limited (NUCS-CIS), an agency established 26 years ago to provide general insurance services to the cooperative movement in Jamaica, on Tuesday formally launched a share offer to raise...