Jamaica Gleaner
Published: Sunday | December 27, 2009
Home : Business

Claro first to market with netbooks
Claro Jamaica has beaten Digicel as the first big telecom to roll out an Internet package using netbooks as hooks for business, though the Irish company has been positioning for a launch for about four years.

Mortgage market deflates in 2009 - IMF deal expected to sink it further in 2010
New mortgages in Jamaica have been sent into decline by the current slowdown in the domestic and global economies, according to numbers coming out of mortgage institutions, and some lenders are bracing for even worse news next year.

Foreclosed properties have few takers - Few sales gavelled at public auction
What appears locally to be mounting listings of properties up for auction are actually repeated advertisements done by some players to move inventory of foreclosed properties that creditors are finding increasingly difficult to offload.

Business in Pictures
Red Stripe has launched its light beer in the United States, choosing to package the brew in short, dark glass instead of the long-necked transparent bottles used for local distribution.

Want privacy on Facebook? 9 ways to get some
Over the past week, Facebook has been nudging its users - first gently, then firmly - to review and update their privacy settings. You may have procrastinated by hitting "skip for now," but Facebook eventually took away that button and forced you to update your settings before continuing to use the site.

Commentary - Competition in the wake of the global economic crisis
The world is confronting one of the most serious economic crises since the Great Depression of the 1930s. According to the United Nation's World Economic Situation and Prospects 2009 publication, "...world income per capita is expected to decline by 3.7 per cent in 2009".

Serene Bonaire: Diver's paradise - with flamingos
On a slow ascent to the surface of the water from 60 feet (18 metres) down, the dive master spots something thrilling along the reef and extends her hand with all five fingers wiggling excitedly. It is a signal that can mean only one thing: octopus!


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