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Too many waivers for importers — Shaw
MANDEVILLE, Manchester - Finance Minister Audley Shaw has given notice to importers that he will be slashing the number of waivers on imported food items coming into the country, and hinted at possible tax breaks being unveiled in this year's budget for persons interested in going into the productive sector....more
Jamaica targets events marketing to boost visitor arrivals
Friday, February 27, 2009
The Jamaican government is targeting events marketing as a means of boosting visitor arrivals, and a team headed by Deputy Director of Tourism, Zachary Harding, has been assigned to develop a framework to guide events tourism strategies and policies for the industry....moreDigicel takes issue with LIME over Homefone pricing and bad debt
Friday, February 27, 2009
Caribbean mobile telephone service provider Digicel is contesting the price structuring of LIME's Homefone product and its handling of bad debt regarding retail fixed to mobile rates....moreCaribbean Fashion Industry Forum directors appointed Board meets in Dom Rep late March
Friday, February 27, 2009
The Caribbean Fashion Industry Forum (CAFIF), the Caribbean's first regionwide fashion industry association, will have its first Board meeting on March 28 in the Dominican Republic. Formally registered as a "not for profit" limited liability company, earlier this year, CAFIF is committed to furthering the developmental objectives of the Declaration of Kingston, passed last June at Caribbean Fashionweek....moreScotiabank — one of the world's top ten performing banks during credit crisis: International report
Friday, February 27, 2009
Scotiabank has been one of the top ten performing banks in the world during the recent credit crisis according to the State of the financial Services Industry, 2009 prepared by International Management Consulting Firm Oliver Wyman....moreFriday, February 27, 2009
AM Best Co, the world's leading insurance rating agency, has downgraded the financial strength rating to E (Under Regulatory Supervision) from B (Fair) and the issuer credit rating to "rs" from "bb" of CLICO (Bahamas) Limited....moreStanford case new black eye for Caribbean finance
Friday, February 27, 2009
The Allen Stanford fraud case is another black eye for the image of the Caribbean offshore finance sector, which must improve oversight and regulation to stay competitive in tough times, a regional trade expert said....moreJagdeo calls for freeze on EPA in light of global crisis
Friday, February 27, 2009
Guyana's President Bharrat Jagdeo believes there should be a delay in implementing the Economic Partnership Agreement (EPA) trade deal with Europe because of challenges created by the global financial crisis....moreWednesday, February 25, 2009
Rather than cutting production in the face of contraction in domestic construction, which estimates place as high as 10 per cent down, Caribbean Cement Company Ltd (CCCL) plans to maintain its 2008 output levels and double its export target for this year....moreHigh-end cars still in demand while cheaper car sales drop 30%
Wednesday, February 25, 2009
Jamaicans continue to buy high-end cars even as demand for cheaper cars has dropped 30 per cent during the ongoing recession....moreWednesday, February 25, 2009
Jamaica National Building Society (JNBS) has removed the compulsory saving component from mortgage loans in the face of recent increases in the company's mortgage rates....more