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Jamaica Gleaner Business
published: Friday | May 7, 2004

CCMB records best first quarter profit
CAPITAL & Credit Merchant Bank (CCMB) has recorded its highest ever first quarter profit performance for the period ended March 31, 2004, with consolidated New Profit After Tax of $275.15 million.

Surridge stays on one more year
THE Financial Gleaner has learned that Commissioner of the Financial Investigation Division (FID) of the Ministry of Finance, Mike Surridge, has signed a one-year extension contract with the government in that post.


Financing Secured for Highway 2000
TRANSJAMAICAN Highway (TJH), concessionaires of Highway 2000, have successfully negotiated a US$130 million loan for the project through RBTT Merchant Bank Trinidad.


Boom time for tourism
TOURISM continues to be Jamaica's golden goose. The revenues from tourism helped drive the net international reserves to approximately US$1.6 billion and continue to fuel economic growth.


Wayne's world - New president of First Global Bank, Wayne Wray, turns people into profits
SOME BANKERS like to wax eloquent about interest rates, inflation and government fiscal policy.


Carib fashion ups the stakes this summer - CFW expected to rake in $63 million
JAMAICA'S leading modelling agencies will stage week-long exhibitions of Caribbean fashion, both pulling out all the stops to create exposure for the work of local and regional designers.


Time to dismantle political garrisons
IF ever one wanted to make a case for taking steps toward the dismantling of political garrisons in Jamaica, then the current happenings in Arnett Gardens would be the ideal time to do so.


Serge Island is... No longer dairy fresh
WHEN Serge Island Dairy began operations in 1985, milk and milk-based products were the company's major sources of revenue.















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