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Business


Kingston to host second venture capital conference September
The conference will include plenaries and round table discussions focusing on creating deals and opportunities.

Digicel acquires Telstar Cable
Digicel said it has reached an agreement with Telstar Cable Limited to acquire its cable and fibre network in Jamaica.

Viber defiant, says service will bypass blockade
The two telecoms both blocked Viber – a popular service which allows users to make free calls on the internet. Digicel has also blocked other unlicensed VoIP services.

Viber unperturbed about VoIP blockage
Viber should be up and running despite the decision by telecommunications provider Digicel and LIME to block free voice over Internet protocol

RBC completes sale of Jamaican banking operations
Royal Bank of Canada today announced that it has completed the previously announced sale of RBC Royal Bank (Jamaica) Limited

BUSINESS: Currency rates update June 26: $112.03 to US$1
The Jamaican dollar crossed the $112 mark in trading today

Pengelley returned as JMA president
Pengelley who has been president since 2011, was reelected today at the JMA's Annual General Meeting.

US steps in to help in Christian Sudanese woman case
The United States says it is working with Sudan to ensure a woman freed from death row can leave the country, after she was detained at Khartoum airport.

Palace Resorts buys Sunset Jamaica Grande
The 720-room resort will close operations as of Sept. 1, 2014 for extensive renovations and upgrades before opening its doors again as the new Moon Palace Jamaica Grande in early 2015.

Perkins to head Sagicor Bank Jamaica
Former head of Sagicor Investments, Donovan Perkins has been appointed president and chief executive officer of the group’s banking arm, consequent on the acquisition of RBC Bank Jamaica.

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Last Updated: 2014-07-21 14:15:00 by the Gleaner/Power 106 News Room
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