Jamaica won't benefit from Caribbean Catastrophe Insurance
The official estimates of the damage wrought by Hurricane Dean are not yet completed, but already the operators of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) have determined that Jamaica stands to get no benefit from the insurance....
Jamaica National waives money transfer fees
The Jamaica National Building Society (JNBS) is temporarily waiving all feescharged for sending remittances through its JN Money Transfer network from the United States, the United Kingdom, Canada, St. Vincent and The Cayman Islands. General manager of JN Money Services...
'Dean' blows down stock market - Election postponement also makes impact
Stock analysts say Hurricane Dean, which pounded the island on Monday, dealt a negative blow to yesterday's trading on the Jamaica Stock Exchange (JSE). The JSE closed trading yesterday on a declining note, which resulted in a downturn in the market. The local exchange traded volumes...
Regaining trust
First, a disclaimer. Many of you have followed us over the last week as we are engrossed in the exercise of looking at the Jamaica Labour Party's (JLP) and the People's National Party's (PNP) manifesto, weighing them fairly in the balance to find out where these documents...
T&T economy growing at 10% - Energy the driving factor behind 2002-2006 take-off
PORT-OF-SPAIN, Trinidad (CMC): The Trinidad and Tobago economy grew at a rate of almost 10 per cent over the period 2002-6, Prime Minister Patrick Manning has said. Manning, who is also the Finance Minister, said that the economy grew at a "high rate and real gross domestic...
Manning budget to benefit disabled, elderly
PORT-OF-SPAIN, Trinidad (CMC): Prime Minister Patrick Manning, has unveiled a whopping US$42.2 billion (US$7.03 billion) budget outlining increased benefits for elderly persons, the disabled community as well as retired public servants in trinidad and Tobago...
Chinese bank workers loot vault to play the lottery
BEIJING: Two employees at a Chinese bank dream of getting rich quickly. The only two with the keys to the vault, they steal a few thousand dollars to see whether anyone notices. No one does. So they take more. In the course of a month, they walk away with US$6.6 million.
Lifeline thrown to Dominican banana
ROSEAU, Dominica (CMC): The Dominica Government says it will provide funds to help the banana industry recover in the short term following the destruction caused by Hurricane Dean last weekend. Agriculture Minister Dr. Colin McIntyre said that the Roosevelt Skerrit...
Countrywide cuts 500 jobs
LOS ANGELES: The mortgage meltdown continued on Monday as Countrywide Financial Corp. said it eliminated about 500 jobs in its subprime lending unit, and a big issuer of 'jumbo' loans said it was shutting dow But one big lender - Washington Mutual Inc. - says it plans to expand....
How to get your customers to solve your problems for you
Crowdsourcing is a technique that sophisticated companies use to translate the enthusiasm of their most highly-engaged customers into valuable marketing, branding, or product-development insight. Managing organisations - a framework. Size does not define...
Jamalco refinery still out of production
The Jamalco alumina refinery in Clarendon has not yet resumed production as the company said it was still assessing the impact of Hurricane Dean on its facilities. Operations at the 1.4 million metric tonne refinery was shut down last Saturday due to Hurricane Dean...
Digicel boasts network withstood 'Dean's' fury
Digicel yesterday said that it was the only network with functioning sites in all 14 parishes following the passage of Hurricane Dean. "Our hurricane preparedness measures allowed us to maintain the stability of our core network across the island...
C&W effecting repairs to system islandwide
Following a comprehensive assessment of its two networks islandwide, Cable & Wireless Jamaica is reporting that its bmobile and fixed networks withstood the fury of Hurricane Dean and performed admirably before, during and after the passage of the hurricane....
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