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Jamaica Gleaner Business
published: Wednesday | June 30, 2004

Lottery business recovers
OCHO RIOS: SUPREME VENTURES Ltd., Jamaica's sole lottery company, has seen a substantial recovery in its business since the Government decided to lift the tax it had imposed on winnings last year.

NCB makes its capital market play
When Michael Lee-Chin's AIC (Barbados) Limited took control of National Commercial Bank (NCB) in 2002, the Jamaican-Canadian billionaire reserved a special place for one of its little subsidiaries then known as Edward Gayle & Company.


Pegasus property valued at $2.5 billion
BASED ON its audited financial statements for the financial year ending March 31, 2004 the Jamaica Pegasus building and the land it stands on have a total value of $2.5 billion.


Will lawmakers bell the (uninsured) cats?
Question: I bought my first car, a 2003 Mitsubishi Lancer, last March. I paid $900,000 for it. The funds came from my savings and a credit union loan. Six weeks ago I had an accident.


DB&G bats for education
THE PAST year has been good for investors in the money market. For the first four months, a bull run on the stock market resulted in the index surpassing the 100,000 point mark.


NLA reduces turnaround time for processing of survey plans
THE NATIONAL Land Agency (NLA) says it has slashed the turnaround time for the processing of survey plans from approximately seven months to seven weeks.


Scotiabank provides UWI scholarships
SCHOLARSHIPS VALUED at over $2 million were awarded to three students of the University of the West Indies' Mona School of Business (MSB) at a ceremony held on the Mona campus yesterday.















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