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Jamaica Gleaner Business
published: Wednesday | November 20, 2002

Rumble in the isles - C&W and Digicel battle for C'bean markets
CELLULAR PROVIDER, Digicel, has accused Cable & Wireless (C&W) of slowing the launch of its Eastern Caribbean operations by refusing to allow the competitor interconnection to its telephone network.

Battered exporter starts anew Soup-a-Doops grabs market
WHEN THE terrorists slammed aeroplanes into the World Trade Center's twin towers and the Pentagon in the United States last September, the impact was felt right around the world.


Crashing in style
YOU'RE ON the Internet. You've opened one too many browsers and suddenly everything is just dead. The mouse isn't moving and you're hoping that by some miracle the computer will overcome and you'll be able to continue.


Search engine or directory?
WHILE THE average Internet user is probably convinced that Yahoo, Ixquick and Google are all in effect the same thing, a search engine...


Black travel market powerful but finicky
AMERICAN CORPORATIONS are quickly realising the economic impact of the African American community and so should Caribbean destinations, says Michael DeFlorimonte, a United States commentator on the spending power of minority communities.


Budget deficit way beyond target
Provisional data indicate that for the September 2002 quarter Central Government operations resulted in a deficit of $9.4 billion or 2.31 per cent of GDP relative to the Staff Monitored Programme (SMP) target of $2.3 billion, 0.57 per cent of GDP.


Jamaica growth momentum quickens
ECONOMIC GROWTH accelerated in the review quarter, relative to the first half of the calendar year, states the latest Bank of Jamaica quarterly monetary policy report. This report states that this growth occurred in spite of the adverse impact of flood.


Small business sector re-evaluates operations
SMALL BUSINESS agencies must ensure that the funding and resources earmarked for these bodies get to budding entrepreneurs and those seeking to establish small enterprises as efficaciously and expeditiously as possible said the new Minister of Tourism...


Cut borrowing to cap the debt - Latibeaudiere
THE BIGGEST challenge facing the Government in managing the Jamaican economy, outside of social factors, is how to substantially reverse the fiscal deficit, Bank of Jamaica governor, Derick Latibeaudiere, said Tuesday.


Capital & Credit sees profits soar
CAPITAL & CREDIT Merchant Bank has recorded a 70.9 per cent increase in profit after tax for the third quarter of 2002.


Gleaner profits up smartly
THE GLEANER Company Group has reported an increase in after tax profit of $18 million for the nine months to September 2002, moving to $116 million from $98 million during the corresponding period last year. Group revenues increased by approximately...


Air Jamaica reputation long established
THE EDITOR, Sir: IT IS encouraging to see a debate emerging over the future of Air Jamaica and the broader issue of the future of the air transport system and its component airlines in the Caribbean.


Ja tops major stock markets
BY THE end of September, regional stock exchange figures show the composite index in Barbados has risen 7.5 per cent, Trinidad has risen 12.5 per cent and Jamaica up 15.9 per cent.


JSE 'performing well'
THE LOCAL stock market has been performing well for several years now, says Jamaica Stock Exchange (JSE) general manager Wain Iton.


Expert ways to hobble rural development
THERE HAS been a lot of talk on how one should stem the flow of migration from rural to urban areas. This migration results in the overcrowding of cities, Kingston in particular, as people come in search of jobs which are nowhere to be found.


The crime of money laundering
MONEY LAUNDERING is the processing of criminal proceeds to disguise its illegal origin. This process is of critical importance, as it enables the criminal to enjoy these profits without jeopardising their source.












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