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Business

Pan Jam profit soars

PAN Jamaican Investment Trust is set to continue its aggressive expansion drive as a mix of divestments, acquisitions and good performances in all its core businesses saw profit in the nine months to the end of September jump 90 per cent to $170 million..

Fuel sales pressured
THE largest gas retailer in the island, Shell Companies of Jamaica, has said that a mix of escalating prices and harsh economic conditions is forcing industry players to look at new ways to boost market share. The news comes as Shell is expected today...

Fire could force Petrojam refinery upgrading
FRESH discussion about upgrading the Petrojam refinery in Kingston is following Monday night's raging fire, which preliminary estimates have said could cost the state-owned company US$1 million. It is yet to be established just what led to the blazing...

Squeezing the pips out of the economy
AS I slipped into a lazy mid-morning sleep on the beach in Ochi last Sunday I was shocked to see the ad by United Estates that said PricewaterhouseCoopers had been put in charge of selling the company. I took a double take. The entire 5,422 acres...

BoJ makes strategic move
IN an obvious bid to gauge investors' response and restore some lost ground in a market that has witnessed a number of temporary shifts in policy, BoJ has put a new instrument on the market. The new index linked bond that's tied to a specified rate...











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