JP's export dilemma - directors to decide future
Last September it required some persuasive talking, if not arm-twisting by the government to persuade Jamaica Producers Group to continue in export banana production in Jamaica. A soft loan for crop insurance was not an unimportant part of the Government's argument...
Goodyear Jamaica to focus on Caribbean market
Goodyear Jamaica, which last week named Tropical Battery as the new marketer and distributor of Goodyear tyres here, says the move will free the Jamaica operation to ramp up oversight of all its business in the Caribbean. "We will have a role...
Gustav rocks the boat - Cruise calls affected, hotel bookings not so much
Dependent as Jamaica's tourism is on warm, inviting weather, Gustav's deadly force whipped up concerns that travel would have been a casualty of the storm. But bookings remain largely intact, says the hotel sector's chief spokesman Wayne Cummings, president of the Jamaica...
T&T to duel inflation at its core - Central bank tightens credit, holds repo rates steady
Trinidad and Tobago's inflation rate hit 11.9 per cent in July to remain at 14-year highs, and prompting a warning from the central bank, CBTT, that the management of price movements would present "a major challenge" in the months ahead given global commodity prices...
Region on growth track and poverty in decline
The Caribbean and Latin America have posted positive economic gains for a sixth consecutive year, despite the global economic downturn, a United Nations agency said last week.Regional gross domestic product (GDP) is growing at a rate of about five per cent...
Oil industry tallies damage, prices shed US$6
Oil companies, rig and pipeline owners and refiners spread out across the Gulf Coast to look for damage from Hurricane Gustav on Tuesday, and some were already putting equipment and people back in place to resume operations. Early indications were that Gustav...
Argentina pays up
Argentina will pay its entire US$6.7 billion debt to the Paris Club of lending nations in a bid to shore up sagging investor confidence, President Cristina Fernandez announced Tuesday. The payment "confirms one more time Argentina's willingness to meet...
A US$10b insurance storm
Hurricane Gustav may trigger insurance claims as high as US$10 billion including damage to oil facilities, according to risk management firms that issued preliminary estimates a day after the storm struck Louisiana. While Gustav's force paled in comparison to Hurricane Katrina...
Good and sound decision making
Graduating is a milestone in life, when, more than often, many find themselves facing more questions than answers. Whether you are graduating from fifth form, sixth form, college or university, 'leaving' brings with it a mixed bag of emotions...
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