Archive for November, 2011

CHINA Harbour Engineering Company (CHEC) has bagged its fourth major project in the region since it set up shop in Jamaica last year, with the signing of an agreement to expand the Cheddi Jagan International Airport in Guyana last Friday.

The construction company said that, as with the infrastructural projects that it is undertaking in Jamaica, the China Exim Bank will fund the construction of a modern terminal building and the extension of the runway by 1,066 metres to ...

Over the next three years, Jamaica will plant eight thousand acres of rice, the biggest step taken by the industry since Government embarked on a programme to revive its production.

Minister of Agriculture and Fisheries, Robert Montague said that the Rice Growers Association (RGA) has informed him that 250 acres will be planted by the end of November and will be ready for harvesting by March.

The rate of inflation in Trinidad and Tobago has started climbing again.

Headline inflation rose in the month of September, after having slowed to a historic low of 0.6 per cent in August.

Headline inflation, measured by the 12-month increase in the Index of Retail Prices, rose to 2.5 per cent in September.

This has been attributed to increased food prices.

The Central Bank said in a statement yesterday that based on figures from the Central Statistical Office (CSO), food inflation rose by 4.3 ...

European milling wheat futures were firm on
Thursday, mainly driven by short covering on the front month contract which
expires next week, and supported by strong equity markets.
* Traders short of 100 lots on the November contract need to provide a
storage certificate by Friday, which attracted heavy buying on the contract and
lead its premium over the following contracts January and March
to extend their rise to 7.00 euros and 9.00 euros respectively.
* “It’s even tighter now ...