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Jamaica Gleaner Business
published: Wednesday | December 24, 2003

Spend, spend, spend - MultiLink reports highest ever withdrawals
CHRISTMAS TIME is here and Jamaicans are unabated in their zeal for shopping. The Multi-Link Network, Jamaica's electronic banking system, dispensed J$1.516 billion for the period December 1-20.

JAMALCO reduces costs, improves production
JAMALCO, THE Clarendon-based alumina company, is reporting significant reduction in operating costs and an improvement in productivity in the three years since the company adopted the new strategic management system, the Balanced Scorecard in 2000.


Top meeting planners eye Half Moon
TWO INFLUENTIAL groups of United States-based meeting and incentive planners have just completed a fact-finding mission on Half Moon Hotel in Montego Bay.


FirstCaribbean profits down
FIRSTCARIBBEAN INTERNATIONAl Bank has reported a 5.16 per cent drop in net profits for the financial period ending October 31, 2003.


Gov't's tax change boosts SVL sales
THE MINISTER of Finance and Planning Dr. Omar Davies' decision to remove the automatic 15 per cent tax on lottery winnings and instead introduce a $15,000 threshold after which the tax would apply...


JNBS launches new money transfer card
THE JAMAICA National Building Society (JNBS), through its Money Transfer Unit, is now offering a money transfer card to customers which will allow them 24-hour-seven days per week access to cash sent to them via the JN Money Transfer service.


Credit sales cut Courts profits
DESPITE A substantial increase in turnover for the half year ended September 28, Courts Jamaica Limited saw a 36.5 per cent drop in net profits.















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