End of banana exports in sight - Tufton looks to alternatives
Jamaica's agriculture Minister, Dr Christopher Tufton, stopped short yesterday of announcing a formal withdrawal from the export banana business, saying that work for a new policy for the sector would begin at an October 14 workshop of industry players...
Revamped agency needs $20b to complete PRIDE projects
The agency, which was up to last week known as National Housing Development Corporation, says it will need up to $20 billion to complete as many as 80 developments under Operation PRIDE, a troubled scheme that was aimed at making it easier...
US FINANCIAL MELTDOWN - Stocks extend fall as markets weigh bailout plan
NEW YORK (AP):Financial markets extended their declines Tuesday as investors worried that lawmakers were beginning to doubt the necessity of a broad government bailout for financial institutions as a way to revive ailing credit markets...
JP looks to Latin America - Banana producer examines option to expand Honduras, Costa Rica farms to supply UK market
Jamaica Producers Group, having announced that it will stop growing bananas here for export, is considering expanding its production in Central America to maintain a toe-hold for its own-grown fruits in the UK market.We look at going forward and Costa...
JSE launches major outreach
Concerned that investor knowledge in Jamaica is "very low", the Jamaica Stock Exchange (JSE) and the Financial Services Commission (FSC) are launching what they hope will be a sustained education programme to lift public awareness of the opportunities...
Supreme Ventures files for cross-listing on T&T exchange
Supreme Ventures Limited (SVL) has now filed its application for the cross-listing of its shares on the Trinidad and Tobago Stock Exchange (TTSE).Supreme Ventures is expected to receive official notification from the TTSE and the central depository...
Commodities retreat on stronger dollar, crude drop
NEW YORK (AP): Commodities prices turned mostly lower Tuesday as the dollar clawed higher against other currencies, prompting investors to unload hard assets bought as a hedge against inflation. Gold, silver, copper and crude oil prices all fell sharply...
US$8.3 billion budget for T&T - Port-of-Spain projects growth of 5.6%
PORT-OF-SPAIN (CMC): The Trinidad and Tobago government on Monday presented a near TT$50 billion (US$8.3 billion) budget to Parliament, outlining a range of new taxes, providing more assistance to old-age pensioners and retired citizens and increasing...
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