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Jamaica Gleaner Business
published: Friday | March 5, 2004

Nailing down the interest rate
MINISTER of Finance and Planning, Dr. Omar Davies, and the Bank of Jamaica have been attempting to drive interest rates down to cut the country's debt servicing burden.

Red Stripe revs up marketing
AFTER REPORTING a 4 per cent decline in the volumes of most of its popular brands in the domestic market in the second half of 2003, Red Stripe plans to bolster sales with new advertising campaigns for those brands this year.


Rehabilitation: a different kind of bankruptcy
I HAVE always felt that the countries to the North, especially the United States (U.S.), have invested significant amounts of money...


'Partnership for Progress' critical
BEAR Sterns, the international rating agency says Jamaica's latest attempt at social partnership in the form of Partnership for Progress has played a critical role in their assessment of the country's prospects.


Berger profits down due to restated accounts
FOR THE year ended December 31, 2003, Berger Paints Jamaica Limited (Berger) net profit fell by 4 per cent from figures released in 2002.


Neutraceutical testing under way
WESTERN BUREAU: THE SCIENTIFIC Research Council (SRC) is conducting tests on ginger and turmeric to determine the best farming methods for their use in the neutraceutical industry.


Coconut water bottlers target spoilage
ECONOMIC LOSSES resulting from spoilage of coconut water is being tackled.


Ja debt quality boosted in Feb
INTERNATIONAL rating agencies have a keen eye on Jamaica's economy and leading debt rating agency Bear Stearns warns that the Government is walking a tight rope.


Lee-Chin getting richer, fast
FORBEs magazine's list of the world's richest for 2004 estimates his wealth at US$2.4 billion. This placed him in position 216 in the ranking of the world's richest.














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