Grace Financial force finds formula
GRACE Kennedy Financial Services Division announced a new product earlier this month that was nothing short of a masterstroke. In specific terms, the company launched the Grace Caribbean Fixed Income Fund - an offshore mutual fund.

JMMB to make public share offer
THE shareholders of the Jamaica Money Market Brokers Limited (JMMB) recently passed a resolution to convert to a public company and list on the Jamaica Stock Exchange in this quarter.

Food processors to save $460m from legislated change - Batch-by-batch tests are no more
A RECENT amendment to the Food Processing Act eliminated only one step in the bureaucracy, but on Wednesday manufacturers were quoting a $460 million saving as a result, giving stronger credence to long held positions...

Accountants respond to private sector concerns
THE INSTITUTE of Chartered Accountants of Jamaica (ICAJ) adopted International Accounting Standards (IAS), earlier this year, as the national accounting standards for financial reporting purposes in Jamaica.

Blue Cross revenues hit $b-mark
BLUE Cross of Jamaica has completed a record breaking fiscal year. According to president and chief executive officer, Dr. Henry Lowe, fiscal 2001 ending December 31, 2001, was one of the most successful years in the company's history.

Highway 2000 takes its toll on the rails
JAMAICA is yet to report tangible progress on the restart of its rail service. Nevertheless, there is the assumption that the country will get the trains rolling again. The crafters of the Highway 2000 project have agreed to compensate...

Accounting for general insurance
THE INSTITUTE of Chartered Accountants of Jamaica (ICAJ) has issued an accounting standard - 3.32 which prescribes the appropriate accounting practice for transactions that are peculiar to the General Insurance Industry.