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Business

Air Ja's pension fund drama mounts

SOME 400 beneficiaries of the defunct Air Jamaica pension fund have agreed to suggestions that they mount public protests to register their anger at the Government for failing to pay over more that $1.4 billion due to them as at the end of April, 2001.

C&WJ reduces internet rates for corporate clients
CABLE & WIRELESS Jamaica (C&WJ) has announced significant reductions in the prices of some of its internet and data products to benefit especially corporate clients as part of a new thrust to drive the revenue earning potential of its...

Standard & Poor's upgrades Jamaica's rating

RENOWN US composite index and financial rating institution Standard & Poor's has upgraded Jamaica's local currency Sovereign Credit rating from B+ to B++. The rating assigned to the country's long term foreign sovereign credit was upgraded from B...

The high costs of mortgages
THE ISLAND'S primary private mortgage lending institutions said that although the monthly repayments on housing loans were relatively high when compared with the remuneration of the average Jamaican worker, it would be unsustainable for...

Bache Investments looks to debt collection
LOCAL bad debt collector and buyer, Bache Investments is to introduce a bad cheque guarantee scheme aimed primarily at businesses according to the company's director of debt collection, Anthony Russell. At the cost of a membership fee and a percentage...













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