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Breaking News Thu, 26 Nov 2009
Sugar - White Sugar - Commodity
(photo: WN / Rubielyn Bunag)
Jamaica to sell sugar to itself, as world prices climb
The Gleaner
| Jamaica, in response to changing market conditions, is pulling back from sugar exports this crop season, and is, instead, repositioning for a bigger share of the domestic market that has long relied on imports of the sweetener to satisfy local consumption. | It is, for Jamaica, a practical move, t...
Fourteen Faith Groups to U.S. Trade Representative: Support Developing Country Demands to Safeguard Food Staples ...
redOrbit
Posted on: Wednesday, 25 November 2009, 09:00 CST | Delivery of more than 100 rice bags to USTR headquarters highlights interfaith campaign for trade policy that supports global food security | WASHINGTON, Nov. 25 /PRNewswire-USNewswire/ -- A coaliti...
Pan Jam, 3 partners to develop New Kgn property - Consortium to build Marriott-branded hotel, ...
The Gleaner
| Pan Jamaican Investment Trust, the Facey family-controlled conglomerate engaged in property development and investment, has secured prime real estate in New Kingston from the Jamaican government on which the listed firm is expected to develop a hot...
Jamaica hires offshore centre consultant
The Gleaner
| The firm will answer to Jamaica Trade and Invest, which is acting as the secretariat for the offshore business services centre. | Baker and McKenzie is a global law firm offering a broad portfolio of services with more than 65 locations worldwide. ...
CMI honours Noel Hylton
The Gleaner
| Noel Hylton, chairman and chief executive officer of the Port Authority of Jamaica, was recently honoured at the graduation of the Caribbean Maritime Institute (CMI). Below is the citation which was presented to Hylton. | Noel A. Hylton, OJ, Hon LL...
Alliance loans keep businesses afloat
The Gleaner
| Pauline Clarke and her husband Junior, operators of a welding business in Kingston, had a contract to fill but no funds to acquire the raw material to do the job. | On the verge of losing critical income for the struggling business, they turned to ...
The Coffee industry Board (CIB) targets China for new coffee markets
The Gleaner
| CIB Director General Christopher Gentles said the recession has resulted in a reduction in demand in all markets, including Japan, which has been a top consumer of Jamaica's coffee. | "We believe that China will be an important future trading partn...
One day all this will be gardening - Caribbean food vs LatAm producers
The Gleaner
| Nearly two decades ago, a former Caribbean minister with an unconventional background would try to shock those that he met into recognising that agriculture in the region was dying and that it was the services sector that represented the future. | ...
IMF funds not for budgetary support, Time to confront 'dire' economic problems
The Gleaner
| One of the interesting aspects of the public discussions about the process involved in reaching an agreement with the International Monetary Fund (IMF) for a US$1.2 billion two-year standby agreement, is that there seems to be an implicit assumptio...
$3b country club - Selective Homes chooses Negril for next venture
The Gleaner
| Developer Robert Cartade has selected Negril for his next real estate venture but is carefully scoping out the market before finalising the plans for what, at this stage, is a $3-billion estate with homes targeted at hotel executives, professionals...
Tear down Jamaica's 'Berlin' walls!
The Gleaner
| Celebrations across Europe and the USA on the anniversary of the fall of the Berlin Wall on November 9, 1989, caused me to wonder if or when our wall(s) would be breached. In the 47th year of Jamaica's Independence, our walls seem more impenetrable...
'We will pay' - Debt before dishonour, Golding promises
The Gleaner
| Prime Minister Bruce Golding yesterday gave the assurance that his administration would not renege on its debt-paying obligations, despite the snail's-pace crawl to a reinstated borrowing arrangement with the International Monetary Fund (IMF). | In...
Engaging the diaspora
The Gleaner
| THIS YEAR, Jamaicans who live abroad will send home about US$300 million less than they did in 2008, which is a lot of money. They, too, are feeling the impact of the global recession. | But despite the fall-off, Jamaicans in the diaspora will remi...
Is debt restructuring now a feasible option for Jamaica? (Pt I)
The Gleaner
| THE DOWNGRADE of Jamaica's sovereign credit ratings by rating agency Standard & Poor's (S&P) in quick succession, first on August 5 to CCC+ and, more recently, on November 2 to CCC, both with a negative outlook, gives a glimpse of the challenging h...
Alliance loans keep businesses afloat
The Gleaner
| Pauline Clarke and her husband Junior, operators of a welding business in Kingston, had a contract to fill but no funds to acquire the raw material to do the job. | On the verge of losing critical income for the struggling business, they turned to ...
The Coffee industry Board (CIB) targets China for new coffee markets
The Gleaner
| CIB Director General Christopher Gentles said the recession has resulted in a reduction in demand in all markets, including Japan, which has been a top consumer of Jamaica's coffee. | "We believe that China will be an important future trading partn...
Market
SAN MIGUEL BEER - BOOTH - OCTOBERFEST 2008 - PHILIPPINES
(photo: WN / Renzelle Mae Abasolo)
Breezes to stage Octoberfest in Rio Bueno
The Gleaner
| Having rebranded to Breezes on November 1 and following another successful staging of their annual signature event, Best of Jamaica, last week, expectations are high for another fun-filled and memorable weekend of excitement and glamour for guests and local visitors who will see full occupancy at the resort. | "Indications are that, though this y...



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