Coffee farmers propose $60m plan to self-insure - Still without coverage after Dyoll's collapse
JAMAICA'S NEAR 5,900 coffee farmers are mostly without insurance coverage, more than two years after Dyoll's collapse. The farmers have been attempting to woo a new provider, but with the risk associated with mountainside cultivation, so far, there are no takers.
US-CARICOM SUMMIT - US tells Caribbean to improve business climate -PM Simpson Miller calls for more trade
WASHINGTON, Untied States: CARIBBEAN LEADERS meet with United States (U.S.) president George W. Bush and his Foreign Secretary Condoleezza Rice today, but have already signalled their deepest concerns ahead of the talks. Yesterday, as the delegations gathered at the World Bank...
Supreme Ventures stock riding high
Supreme Ventures Limited yesterday traded at its 52-week high of $3.70 as investors paid just under $178 million to acquire over 48 million of the company's shares in a cross-floor transaction. "I don't know what is going on and I am trying to find it out myself right now.
New KFC in Port Maria pioneers 'casual dining'
RestaurantS of Jamaica (ROJ) on Saturday opened its newest KFC restaurant in Port Maria, St. Mary, pioneering the new 'look' for the international franchise which is hoping to reposition itself as a place for casual dining.
Local businesses shafted, says Jamaica Chamber of Commerce (JCC)
The Jamaica Chamber of Commerce (JCC) said Tuesday it wanted a commitment from the party that wins the election to jump start the delayed Partnership for Progress (PforP) pact during the honeymoon period for the new administration.
BANK of Jamaica (BoJ) to offer 'special' bond
THE BANK of Jamaica (BoJ) says it will offer another special two-year variable-rate (VR) bond to primary dealers and commercial banks, over the period June 19-22, to pull excess cash from the money market system."This offer is being made in the context...
Limited interest in Petroleum Corporation of Jamaica (PCJ) carbon trading contract - Bulb project to free 80MW of Jamaica Public Service Company capacity
The Petroleum Corporation of Jamaica (PCJ) estimates that the fluorescent bulb project to replace four million incandescents with energy savers should ease pressure on 80 mega-watts of Jamaica Public Service Company's generating capacity. Now the agency is trying to earn money...
EU seeks compensation for US online gaming ban
The European Union (EU) told the United States yesterday that it wanted compensation for a U.S. ban on foreign online gambling sites that does not comply with global trade rules. British online gaming operators such as Sportingbet PLC and Leisure & Gaming PLC were forced to quit...
Guardian avoids beachfront insurance - Walks away from millions in high-risk income
Erratic climate change in the Caribbean is impacting hard on insurance companies to the point that they're walking away from millions of dollars coming from high-risk business. "The world insurance market is acutely aware of what is going on in the climate," said Rory O'Brien...
Investors advised to be wary of Jamaican bonds
With the country missing its fiscal targets last year, Jamaican government bonds are not among the favoured emerging markets' debt instruments that international investment bank, Bear Stearns, is pitching to its clients, the company's head of Emerging Markets...
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