Jamaican economy loses ground - Declines 0.2% in second quarter
Dragged down largely by a slump in the goods-producing sector, the Jamaican economy declined a marginal 0.2 per cent between April and June, when compared to the corresponding second quarter. The outrun has reversed the marginal growth recorded in the first quarter...
Banks, PetroCaribe funding US$50m Wigton project
The near-US$50 million ($3.6 billion) that the Petroleum Corporation of Jamaica (PCJ) is spending to expand the Wigton Windfarm is to be financed by debt, a small portion of which will be tapped from the PetroCaribe Fund. Yesterday, the PCJ announced it...
Airone projects break even in two years on US$5 fares
Even as most of the world's airlines rack up huge losses, the owners of Airone Ventures Limited (AVL) remain confident that the no-frills, low-cost carrier they plan to launch in the Caribbean next April will break even within 24 months."....
Falling mobile sales, debt weigh down C&WJ
Cable and Wireless Jamaica (C&WJ) remains choked by falling sales, but its bottom line was no worse off in its first quarter ending June 30 than a year ago, helped partly by tax credits. Revenues were brought down by falling mobile sales, which declined by 16 per cent...
Vaughan Lewis, Cuthbert to lead study on political union - Jamaica calls for high-level talks
Vaughan Lewis, former prime minister of St Lucia and one-time director general of the Organisation of Eastern Caribbean States (OECS), has backed the proposed deepening of ties between Trinidad and three small island states. Trinidad and OECS members St Lucia...
Dom Rep unveils projects to stir economy - New president requests US$210m for farmers
President Leonel Fernández promised to boost agricultural production and warned of dire economic times as he was sworn in for a third term on Saturday. He said a shaky United States (US) economy, rising fuel and food prices would bring his country economic hardship...
Oil company PDVSA seizes cement plants
Venezuelan government officials, backed by National Guard troops, seized control of cement plants owned by Mexico's Cemex SAB after failing to reach a deal on terms for nationalising them. Cemex, in a release, confined comment to acknowledging the seizure ...
Parental help to choose subjects and career
Whether you are in school or out of school and still studying, there is a point at which you have to decide which subjects to take. Our local Caribbean examining body - the Caribbean Examinations Council (or CXC) - offers over 30 subjects at the secondary level or CSEC...
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