Mon | Jul 6, 2015

Business

Telecommunications provider Digicel Jamaica was correct in refusing to provide call data and subscriber details to the Independent Commission of Investigations (INDECOM) because it did not specify that it was investigating a criminal offence, the...

The Office of Utilities Regulations (OUR) wants to issue up to 12 new mobile telecommunications licences this year.It recently opened applications for these licences, although it didn't get any takers when it tried the same thing back in 2007....

United Kingdom-based Tullow Oil has completed a bathymetry or underwater survey of the 32,000 square kilometre area south of Jamaica that it is licensed to prospect.The study of underwater depths of the Walton and Morant basins "provided indications...

Worldnet Investment Company Limited has expanded its operations to Beechwood Avenue in Kingston, extending its footprint further across the capital as part of the groundwork being laid to grow its loan book by at least 30 per cent over the next...

Scotia Group Jamaica will close another branch in a matter of weeks. The Premier Plaza location in Half-Way Tree will be the 10th to be closed within the past decade as the bank continues its rationalisation programme.Over the years, new branches...

Kelly Tomblin, CEO of Jamaica Public Service Company Limited (JPS), said Wednesday that the company is weighing whether to invest in a gas terminal project mooted as a hub to supply the wider Caribbean.The terminal may cost between US$200 million...

Management Control Systems has launched a new electronic payment device, MPAY2, which will be distributed through local banks to small merchants.The full roll-out will be prefaced by a six-week pilot.The device is attachable to smartphones and...

Car dealership Crichton Automotive Limited (CAL) has been fined $2 million for selling a 2005 car as a 2007 model, even though the court found that the company may have made an honest error.Justice Brian Sykes ruled that while Crichton provided...

West Indies Home Contractors Limited (WIHCON) wrapped up its Jacaranda project in St Catherine in just over two years, instead of the three years originally estimated, and is about to move on to its next project.On Monday, a project repre-sentative...
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