US$866m FDI in 2007 - But performance flat from previous year
Jamaica says that it pulled in U$866.5 million in foreign direct investment (FDI) last year, a flat performance when compared with 2007 after several years of steady growth. In fact, the FDI figure released by Jamaica Trade and Invest on Wednesday was approximately...
No Wall Street exposure filings by Jamaican firms on stock exchange
No listed Jamaican company has told the Jamaica Stock Exchange it was exposed from fall-out in the US financial markets - a development which the market's general manager Marlene Street-Forrest says she is taking to mean that none of her members...
US stocks end up on bailout hopes
NEW YORK (AP): Financial markets grew more upbeat yesterday as political leaders said they struck an agreement in principle on a massive spending plan to revive the crippled financial system. The Dow Jones industrial average jumped about 200 points ...
Big plans for $multibillion minerals sector - Limestone targeted for early take-off
With estimated reserves of at least 60 billion tonnes, Jamaica, the experts say, is merely scratching the surface of the potential value from mining limestone. he island is yet to exploit the true potential of the mineral and its associated downstream industries...
How hurricanes are undermining Jamaica's coffee industry
The competitiveness of Jamaica's agricultural sector and its ability to compete in the global marketplace have been the subject of intense debate in recent years.
Jamaica is world renowned for Bob Marley and reggae music...
Mobile phone companies prepare for battle
It seems that another battle in the mobile phone war is about to be engaged, although all the expected combatants claim not to know.This week, market leader Digicel Jamaica unveiled a new advertising campaign aimed at shoring up customer loyalty...
e-Services expands again
PATRICK CASSERLY'S e-Services Limited has recently acquired two large contracts with two North American clients, which will expand his operations by 20 per cent over the next 12 months.Casserly, who heads the largest call...
Global meltdown may require domestic investors to put up cash for public works
Economist Dennis Morrison has warned that the recent collapse of several financial powerhouses in the United States will make it more difficult for the country to raise capital to fund local infrastructural projects on the international market.He...
American Home solid, says Codling
The Jamaican subsidiary of American Home Assurance remains strong and solid, capable of meeting obligations to its clients, despite last week's near collapse of its ultimate parent, America's AIG, local managers say."We are regulated by the Financial...
Hope springs anew in Port Antonio - Portland residents upbeat even after years of neglect
Despite their sojourn in the wilderness of neglect for decades, members of the business community in Port Antonio are expressing confidence that present developments will serve as a catalyst for further investment in the resort town...
Jagdeo takes EPA grouse to United Nations
UNITED NATIONS (CMC): Guyana took its opposition to the controversial Economic Partnership Agreement (EPA) to the United Nations on Tuesday with President Bharrat Jagdeo urging European leaders to review the accord "even at this late hour"....
Will conservative ideology let Wall Street destroy capitalism?
Un-American financial socialism! Confused and ill-advised! So claim Congressional representatives on both sides. Blogs, talk shows, many a forum refer to Wall Street operatives as 'a bunch of felons'...
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