KINGSTON, Jamaica - UNITED Nations Secretary General Ban Ki-moon issued a warning to the world's business community yesterday that, we believe, is most pertinent to Jamaica and indeed our sister Caribbean states. According to Mr Ban, economic losses linked to disasters are "out of control" and will...

KINGSTON, Jamaica - The state-owned Caribbean Airlines (CAL) recorded losses estimated at US$70 million last year, Finance Minister Larry Howai has said. He told the Senate on Tuesday that the figure does not include the US$40 million in fuel subsidy to the airline, even though he insists that the a...

KINGSTON, Jamaica, CMC – Jamaica says it will receive assistance from a university in the United States to develop the research capacity of the local agricultural sector. Agriculture Minister Roger Clarke said a delegation from the Florida Agricultural and Mechanical University has arrived here for ...

KINGSTON, Jamaica, CMC - Jamaica has imposed additional duties on lube oil product from Trinidad and Tobago, accusing the oil rich twin island republic of engaging in a scheme to circumvent the rules of origin in the Treaty of Chaguaramas, governing the Caribbean Community (CARICOM). Industry, Inve...

KINGSTON, Jamaica - Until now, the debate about Jamaica's relationship with the Caribbean Community (CARICOM) has been emotive and huffing. The core of the issue is Jamaica's near US$1 billion trade deficit with the community, the bulk of which is with Trinidad and Tobago. Jamaica mostly place the b...

GEORGETOWN, Guyana – At the beginning of this month, the Executive Board of the International Monetary Fund (IMF) approved new funding arrangements to help stabilize the Jamaican economy and put it on a path to economic growth. The negotiation of the funds, a so-called Extended Fund Facility (...

KINGSTON, Jamaica - THE Jamaica Broilers Group says the large volume of chicken neck and back being imported into the island is undermining local production, not just for the company but for thousands of backyard chicken farmers. While admitting that the company cannot, by itself, satisfy local dema...

KINGSTON, Jamaica - Recently, there have been a number of rash and, in some instances, derogatory letters, describing Jamaica's perceived relationship with Trinidad & Tobago (T&T). Some were whimsical and others simply vacuous. Generally, they demonstrate a lack of understanding regardin...

PORT OF SPAIN, Trinidad - Opposition Leader Dr Keith Rowley said yesterday Air Jamaica was bleeding Trinidad and Tobago “like a chop neck”. “Right now nobody knows what the Minister of Finance is doing by bankrolling CAL. All he is doing is giving them permission to go and borrow m...

KINGSTON, Jamaica - T TAKES just one relatively small hurricane this season to throw our International Monetary Fund (IMF) agreement off course. There is no provision for that, no special fund where we can access adequate resources to offset the kind of economic dislocation which results from our na...