Regional News

Seprod's Golden Grove Pure Jamaican Cane Sugar is expected to hit the market in two weeks. (Jamaica Gleaner photo)
Seprod’s Golden Grove Pure Jamaican Cane Sugar is expected to hit the market in two weeks. (Jamaica Gleaner photo)

Big players enter Jamaica retail sugar market

(Jamaica Gleaner) Food conglomerate Grace- Kennedy has entered the retail sugar market, while Seprod is two weeks away from introducing its product – the latest developments in the rapid evolution of how the sweetener is traded within the span of just one year.

T&T dealers slam banning of cars over four years old

(Trinidad Guardian) Angered by the revised foreign used car policy announced by Trade Minister Paula Gopee-Scoon on Friday, president of the T&T Automotive Dealers Association (TTADA), Visham Babwah, says she shed tears for the wrong audience.

More bauxite layoffs in Jamaica

(Jamaica Observer) Aluminum Holding Corporation (NAHC) announced on Wednesday several cost-cutting actions, including laying off of 25 per cent of its work force at its refinery in the United States.

Republic Bank increases prime lending rate to 9.5%

(Trinidad Express) The cost of borrowing continues to climb. The country’s largest bank, Republic Bank Ltd (RBL) advised by newspaper advertisement yesterday that its TT dollar Prime lending rate has been increased to 9.5 per cent up from 9.25 per cent per annum, effective January 11, 2016.

T&T citizens to pay more for food

(Trinidad Guardian) While an estimated 1,300 businesses will no longer have to pay Value Added Tax (VAT) from next month, thousands of citizens will have to dig deeper in their pockets to buy several items, such as rice (except parboiled and boiled), flour (except all purpose and wheat), coffee, orange and grapefruit juices, mauby, tea and tomato ketchup.

Finance Minister Colm Imbert reads the price of oil from his cellphone while Prime Minister Dr Keith Rowley looks on attentively during the sitting of Parliament yesterday.

T&T citizens to pay more for food

(Trinidad Guardian) While an estimated 1,300 businesses will no longer have to pay Value Added Tax (VAT) from next month, thousands of citizens will have to dig deeper in their pockets to buy several items, such as rice (except parboiled and boiled), flour (except all purpose and wheat), coffee, orange and grapefruit juices, mauby, tea and tomato ketchup.

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