The search for oil in Jamaican territorial waters has intensified with the British exploration firm, Tullow Oil, announcing that it is moving to three-dimensional (3D) seismic surveys. Energy Minister Dr Andrew Wheatley says Tullow has been encouraged by the findings from 18 months of 2D surveys and have decided to move

PORT OF SPAIN, Trinidad (CMC) — The Association of Trinidad and Tobago Insurance Companies (ATTIC) Wednesday said that while “insured” losses within the Caribbean for the 2017 hurricane season are in excess of US$50 billion so far, initial regional feedback suggest a high per cent of policyholders' property and

THE Musson Group of Companies has invested over US$100 million in a number of projects over the last two years. “It feels a bit awkward saying this, as it is not in our nature to say these things,” chairman of the Jamaica-based company, PB Scott, who is also president

KINGSTON, Jamaica — Jamaica will join other regional states in discussions on the effect of disasters on their economies, in Grenada on October 12. According to Minister of Tourism, Edmund Bartlett, the discussions will take place during the “Recover & Rebuild” session of the Caribbean Tourism Organization's (CTO) State

Mariame McIntosh-Robinson (File photo) KINGSTON, Jamaica (JIS) — President and Chief Executive Officer of First Global Bank, Mariame McIntosh Robinson, is encouraging small business operators to take advantage of the positive signs in the economy to invest in the expansion of their operations. These indicators include a stable currency,

KINGSTON, Jamaica — A number of stakeholders in the automobile industry and other interest groups will be leading the way in lobbying the Government of Jamaica to reduce the import duty on electric vehicles coming into the island. The need for this move came out of last Wednesday’s Electric Vehicle

RJR News Website The Jamaican Government is moving ahead with legislation to protect property values in gated communities. Prime Minister Andrew Holness has confirmed that his administration is now developing the gated community legislation, noting that it will be similar to the Act governing strata corporations.   That law empowers

Conrad Webster (right) during one of his excursions with a couple. (Photos: Bryan Cummings) WHEN Conrad Webster left Hanover for St Ann 11 years ago, he was making as little as $100 per day washing cars. Fast-forward to today and the 31-year-old rafter is his own boss catering to

PORT OF SPAIN, Trinidad (CMC) — The Central Bank of Trinidad and Tobago (CBTT) says the local economy remains growth-challenged at present even as it acknowledged that early signs of improvement have appeared in the energy sector, as exploration activity picked up in the third quarter and output of natural